Form 990 for tax year 2023
Filed by NATIONAL MAIN STREET CENTER INC.
Totals
- Total revenue
- $23,930,400
- Total expenses
- $17,753,457
- Contributions and grants received
- $19,090,963
- Grants paid
- $0
- Program service revenue
- $4,812,333
- Investment income
- $13,560
- Other revenue
- $13,544
- Total assets, end of year
- $13,515,966
- Total liabilities, end of year
- $4,571,450
- Net assets or fund balances, end of year
- $8,944,516
- Program services expenses (Part IX)
- $15,608,605
- Management and general expenses
- $1,667,529
- Fundraising expenses
- $477,323
- Program service expenses (Part III)
- $15,608,605
Program services were 87.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$813,074
-
1e · Government grants (contributions)
$2,277,434
-
1f · All other contributions, gifts and grants
$16,000,455
-
2a · Program service revenue: CONTRACT SERVICES
total $3,890,018 · related or exempt $3,890,018
-
2b · Program service revenue: CONFERENCES
total $922,315 · related or exempt $922,315
-
3 · Investment income
total $13,560 · unrelated business $0 · excluded $13,560
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISCELLANEOUS
total $13,544 · related or exempt $13,544
-
11e · Other revenue, total
$13,544
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $466,903 · program services $351,625 · management and general $73,296 · fundraising $41,982
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $3,947,359 · program services $2,974,265 · management and general $616,578 · fundraising $356,516
-
8 · Pension plan contributions
total $187,021 · program services $139,421 · management and general $32,291 · fundraising $15,309
-
9 · Other employee benefits
total $457,203 · program services $340,837 · management and general $78,940 · fundraising $37,426
-
10 · Payroll taxes
total $318,707 · program services $237,590 · management and general $55,027 · fundraising $26,090
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $3,870 · management and general $3,870
-
11c · Fees: accounting
total $61,391 · management and general $61,391
-
11d · Fees: lobbying
total $477,323 · program services $477,323
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,939,888 · program services $2,732,276 · management and general $207,612 · fundraising $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $340,588 · program services $300,741 · management and general $39,847
-
14 · Information technology
total $437,849 · program services $287,076 · management and general $150,773
-
15 · Royalties
total $0
-
16 · Occupancy
total $114,599 · program services $48,603 · management and general $65,996
-
17 · Travel
total $689,825 · program services $585,761 · management and general $104,064
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $408,188 · program services $377,881 · management and general $30,307
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $19,830 · management and general $19,830
-
24a · Other expenses: MAIN STREET SUPPORT
total $6,703,402 · program services $6,703,402 · management and general $0 · fundraising $0
-
24b · Other expenses: REFERENCES & EDITORIAL
total $18,407 · program services $10,453 · management and general $7,954 · fundraising $0
-
24c · Other expenses: MISCELLANEOUS EXPENSES
total $161,104 · program services $41,351 · management and general $119,753 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,553,726 · end of year $3,851,391
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $304,697 · end of year $8,180,161
-
4 · Accounts receivable
beginning of year $1,313,342 · end of year $1,131,787
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $52,547 · end of year $37,338
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $20,157 · end of year $32,236
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $206,365 · end of year $283,053
-
17 · Accounts payable and accrued expenses
beginning of year $928,209 · end of year $1,236,367
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $1,770,463 · end of year $3,335,083
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $205,790 · end of year -$399,361
-
28 · Net assets with donor restrictions
beginning of year $2,546,372 · end of year $9,343,877
Mission and programs · 2023
Mission
NATIONAL MAIN STREET CENTER, INC. (NMSC) LEADS A COLLABORATIVE MOVEMENT WITH PARTNERS AND GRASSROOTS LEADERS THAT ADVANCES SHARED PROSPERITY, CREATES RESILIENT ECONOMIES, AND IMPROVES QUALITY OF LIFE THROUGH PLACE-BASED ECONOMIC (CONTINUED ON SCHEDULE O)
Activities or mission (Part I)
TO PROMOTE AND FACILITATE THE HISTORIC PRESERVATION AND ACTIVE USE OF DOWNTOWN AND NEIGHBORHOOD COMMERCIAL DISTRICTS THROUGHOUT THE UNITED STATES.
-
IN FY2024, NMSC FIELD SERVICES STAFF OFFERED A WIDE RANGE OF TRAINING SEMINARS AND WORKSHOPS, ALL TAILORED TO MEET COMMUNITY NEEDS, AND ADVANCE HISTORIC-PRESERVATION BASED COMMUNITY ECONOMIC DEVELOPMENT. COMMONLY REQUESTED WORKSHOPS AND SEMINARS INCLUDED A VARIETY OF HISTORIC PRESERVATION AND ORGANIZATIONAL DEVELOPMENT TOPICS, SUCH AS THE BASICS OF REAL ESTATE FINANCE, SMALL BUSINESS DEVELOPMENT, HOW TO FACILITATE EFFECTIVE MEETINGS, RECRUIT VOLUNTEERS, DEVELOP A FUNDRAISING PLAN AND BUILD AN EFFECTIVE MEMBERSHIP PROGRAM. (CONTINUED ON SCHEDULE O)
Expenses $1,829,548 · Revenue $3,890,018
-
IN FY2024, THE NMSC FOCUSED ON DELIVERING EXCELLENT BENEFITS AND HIGH VALUE SERVICES TO THE NMSC NETWORK THROUGH ITS MEMBERSHIP PROGRAM. NMSC PROVIDES MEMBERS WITH CUTTING EDGE RESOURCES, TRAINING, RESEARCH AND NETWORKING OPPORTUNITIES. NMSC MEMBERSHIP INCLUDES ACCESS TO A WIDE RANGE OF EDUCATIONAL MATERIALS, THE E-NEWSLETTER, MAIN STREET NEWS, FEATURES ARTICLES ABOUT BEST PRACTICES, NEW TRENDS IN THE FIELD, SHOWCASES SUCCESSFUL PROGRAMS, AND SHARES STRATEGIES FOR INCORPORATING HISTORIC PRESERVATION INTO EXISTING COMMUNITY DEVELOPMENT EFFORTS. IN FY2024, NMSC SERVED OVER 1,800 MEMBERS.
Expenses $1,203,162
-
IN FY2024, THE NMSC CONFERENCE WAS HELD WITH OVER 1,900 ATTENDEES. ANNUALLY, THE CONFERENCE PROVIDED ATTENDEES WITH INSTRUCTION ON A VARIETY OF TOPICS, RANGING FROM HISTORIC BUILDING REHABILITATION AND DESIGN, ORGANIZATIONAL DEVELOPMENT ISSUES, AND STRATEGIES FOR COMMUNITY ECONOMIC DEVELOPMENT. EACH THE NMSC'S ANNUAL CONFERENCE SERVES AS A KEY VENUE FOR SHARING AND PROMOTING INTEREST IN HISTORIC BUILDINGS AND TOWNS, AND PRESERVATION AND COMMUNITY DEVELOPMENT MORE GENERALLY.
Expenses $895,758 · Revenue $922,315
-
OTHER PROGRAM SERVICE
Expenses $11,680,137 · Revenue $13,545
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
HANNAH WHITE
PRES. & CEO(THRU 09/2023); CIO
- Total calculated
- $238,402
- From this org
- $227,050
- From related orgs
- $0
- Other
- $11,352
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $227,050
- Bonus
- $0
- Other
- $0
- Deferred
- $11,352
- Nontaxable benefits
- $0
- Filer's total
- $238,402
-
PATRICE FREY
SENIOR ADVISOR
- Total calculated
- $230,381
- From this org
- $219,410
- From related orgs
- $0
- Other
- $10,971
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $219,410
- Bonus
- $0
- Other
- $0
- Deferred
- $10,971
- Nontaxable benefits
- $0
- Filer's total
- $230,381
-
ERIN BARNES
PRES. & CEO (AS OF 09/2023)
- Total calculated
- $228,501
- From this org
- $217,620
- From related orgs
- $0
- Other
- $10,881
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $217,620
- Bonus
- $0
- Other
- $0
- Deferred
- $10,881
- Nontaxable benefits
- $0
- Filer's total
- $228,501
-
MATT WAGNER
CHIEF INNOVATION OFFICER
- Total calculated
- $216,404
- From this org
- $206,099
- From related orgs
- $0
- Other
- $10,305
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $206,099
- Bonus
- $0
- Other
- $0
- Deferred
- $10,305
- Nontaxable benefits
- $0
- Filer's total
- $216,404
-
JOHN CHOMIAK
CFAO
- Total calculated
- $215,536
- From this org
- $205,272
- From related orgs
- $0
- Other
- $10,264
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $205,272
- Bonus
- $0
- Other
- $0
- Deferred
- $10,264
- Nontaxable benefits
- $0
- Filer's total
- $215,536
-
DIONNE BAUX
VP
- Total calculated
- $180,243
- From this org
- $171,660
- From related orgs
- $0
- Other
- $8,583
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $171,660
- Bonus
- $0
- Other
- $0
- Deferred
- $8,583
- Nontaxable benefits
- $0
- Filer's total
- $180,243
-
Norma Mess
VP
- Total calculated
- $161,244
- From this org
- $153,566
- From related orgs
- $0
- Other
- $7,678
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $153,566
- Bonus
- $0
- Other
- $0
- Deferred
- $7,678
- Nontaxable benefits
- $0
- Filer's total
- $161,244
-
JESS ZIMBABWE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JOHN MITTERHOLZER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
SAM DIXON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
DESHEA AGEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JENICE CONTERAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KEVIN DANIELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
IRVIN HENDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
TOM MAYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ED MCMAHON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL WAGLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DARRYL YOUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 3:
- EMPLOYEES OF THIS ORGANIZATION ARE SUBJECT TO THE COMPENSATION POLICIES OF THE NATIONAL TRUST FOR HISTORIC PRESERVATION, THE RELATED PARENT ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL TRUST FOR HISTORIC PRES
501(C)(3) · CHARITABLE · DC
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NATIONAL TRUST COMMUNITY INVESTMENT CORP
C Corp · Community Inv · DE · 0% owned · share of income $0 · share of assets $0
Directly controlled by NTHP
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540429349301609
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