Totals
- Total revenue
- $980,567
- Total expenses
- $1,714,825
- Contributions and grants received
- $770,368
- Grants paid
- $947,961
- Program service revenue
- -$17,590
- Investment income
- $226,698
- Other revenue
- $1,091
- Total assets, end of year
- $2,092,338
- Total liabilities, end of year
- $157,995
- Net assets or fund balances, end of year
- $1,934,343
- Program services expenses (Part IX)
- $1,593,259
- Management and general expenses
- $102,570
- Fundraising expenses
- $18,996
- Program service expenses (Part III)
- $1,593,259
Program services were 92.9% 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.
-
1e · Government grants (contributions)
$577,934
-
1f · All other contributions, gifts and grants
$192,434
-
2a · Program service revenue: OWNERSHIP IN STARTUPS
total -$17,590 · related or exempt -$7,287 · unrelated business -$10,303
-
3 · Investment income
total $46,670 · excluded $46,670
-
7a · Gross sales of assets other than inventory
securities $456,324 · other assets $183,363
-
7b · Less cost or other basis and sales expenses
securities $459,659 · other assets $0
-
7c · Gain or loss
securities -$3,335 · other assets $183,363
-
7d · Net gain or loss
total $180,028 · related or exempt $183,363 · excluded -$3,335
-
11a · Other revenue: OTHER INCOME
total $1,091 · excluded $1,091
-
11e · Other revenue, total
$1,091
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $947,961 · program services $947,961
-
5 · Compensation of officers, directors and key employees
total $187,242 · program services $149,793 · management and general $29,959 · fundraising $7,490
-
7 · Other salaries and wages
total $227,650 · program services $182,120 · management and general $36,424 · fundraising $9,106
-
9 · Other employee benefits
total $21,199 · program services $16,959 · management and general $3,392 · fundraising $848
-
10 · Payroll taxes
total $30,560 · program services $24,448 · management and general $4,890 · fundraising $1,222
-
11b · Fees: legal
total $2,047 · program services $2,027 · management and general $20
-
11c · Fees: accounting
total $3,493 · program services $3,458 · management and general $35
-
11f · Fees: investment management
total $11,012 · management and general $11,012
-
11g · Fees: other
total $13,262 · program services $11,564 · management and general $1,368 · fundraising $330
-
12 · Advertising and promotion
total $93,466 · program services $93,466
-
13 · Office expenses
total $15,926 · program services $1,041 · management and general $14,885
-
14 · Information technology
total $12,140 · program services $12,019 · management and general $121
-
16 · Occupancy
total $45,602 · program services $45,146 · management and general $456
-
17 · Travel
total $762 · program services $754 · management and general $8
-
19 · Conferences, conventions and meetings
total $1,964 · program services $1,964
-
23 · Insurance
total $8,184 · program services $8,184
-
24a · Other expenses: LEVEL-UP COURSES
total $48,566 · program services $48,566
-
24b · Other expenses: LAUNCH IT CINCY EXPENSE
total $23,842 · program services $23,842
-
24c · Other expenses: INVENTURE
total $13,201 · program services $13,201
-
24d · Other expenses: ANNIVERSARY EVENT
total $6,302 · program services $6,302
-
24e · All other expenses
total $444 · program services $444
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $161,107 · end of year $114,032
-
2 · Savings and temporary cash investments
beginning of year $460,345 · end of year $66,509
-
3 · Pledges and grants receivable
beginning of year $301,000 · end of year $211,000
-
4 · Accounts receivable
beginning of year $60,064 · end of year $159,809
-
7 · Other notes and loans receivable
beginning of year $146,112 · end of year $142,395
-
12 · Investments: other securities
beginning of year $1,359,518 · end of year $1,182,541
-
13 · Investments: program-related
beginning of year $183,837 · end of year $216,052
-
17 · Accounts payable and accrued expenses
beginning of year $3,041 · end of year $934
-
25 · Other liabilities
beginning of year $146,112 · end of year $157,061
-
27 · Net assets without donor restrictions
beginning of year $2,522,830 · end of year $1,934,343
Mission and programs · 2023
Mission
PROMOTE REGIONAL ECONOMIC DEVELOPMENT BY PROVIDING A PHYSICAL STRUCTURE TO START-UP AND EMERGING TECHNOLOGY BUSINESSES; TO EDUCATE THE REGIONAL BUSINESS COMMUNITIES ON TECHNOLOGY ISSUES AND OPPORTUNITIES; TO PROVIDE A FORUM FOR THE DISSEMINATION OF IDEAS, TECHNOLOGY, BUSINESS PRACTICES, AND OTHER INFORMATION AMONG REGIONAL TECHNOLOGY BUSINESS AND REGIONAL COLLEGES AND UNIVERSITIES; AND TO CONDUCT ANY ACTIVITY CONSISTENT WITH SUCH PURPOSE.
-
MAIN STREET VENTURES: AN ENTREPRENEUR-SUPPORT ORGANIZATION FOCUSED ON ENTREPRENEURIAL ECOSYSTEM BUILDING AND INCREASING ACCESS TO CAPITAL FOR EMERGING BUSINESSES WITH THE POTENTIAL TO CREATE JOBS AND OPPORTUNITIES IN THE REGION.
Expenses $1,593,259 · Grants $947,961 · Revenue $176,076
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
KELLY BONNELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
TARA NOLAND
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
ROBERT W MCDONALD
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
TONY ALEXANDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DAVE KNOX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
GEORGE MOLINSKY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JB KROPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOHN MOORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RYAN WATSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOEL STONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
PAULA BOGGS MUETHING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SEAN PARKER
EXECUTIVE DIRECTOR
- Total calculated
- $113,736
- From this org
- $113,736
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
SARAH KUBALA
CFO
- Total calculated
- $18,000
- From this org
- $18,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
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.
Grants on this return
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
The 10 largest by cash amount. The API serves every itemized grant.
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
INVESTMENTS · OH · income $0 · assets $222,364
Directly controlled by MAIN STREET VENTURES
-
RUNS 3-MONTH ACCELERATOR PROGRAM · OH · income $0 · assets $0
Directly controlled by MAIN STREET VENTURES
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541349349304209
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.