Form 990 for tax year 2022
Filed by COOL SPRING DOWNTOWN DISTRICT INC.
Totals
- Total revenue
- $917,731
- Total expenses
- $951,054
- Contributions and grants received
- $809,050
- Grants paid
- $0
- Program service revenue
- $145,643
- Investment income
- $4
- Other revenue
- -$36,966
- Total assets, end of year
- $340,186
- Total liabilities, end of year
- $10,918
- Net assets or fund balances, end of year
- $329,268
- Program services expenses (Part IX)
- $896,021
- Management and general expenses
- $55,033
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $896,021
Program services were 94.2% 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)
$625,000
-
1f · All other contributions, gifts and grants
$184,050
-
2f · All other program service revenue
total $145,643 · related or exempt $145,643
-
3 · Investment income
total $4 · related or exempt $4
-
8a · Fundraising events: gross income
$66,846
-
8b · Fundraising events: direct expenses
$103,812
-
8c · Net income from fundraising events
total -$36,966 · excluded -$36,966
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $228,594 · program services $182,875 · management and general $45,719
-
10 · Payroll taxes
total $18,338 · program services $14,670 · management and general $3,668
-
11c · Fees: accounting
total $28,644 · program services $28,644
-
12 · Advertising and promotion
total $135,894 · program services $135,894
-
13 · Office expenses
total $5,034 · program services $4,782 · management and general $252
-
14 · Information technology
total $3,265 · program services $3,265
-
16 · Occupancy
total $8,823 · program services $8,416 · management and general $407
-
17 · Travel
total $8,336 · program services $8,336
-
22 · Depreciation, depletion and amortization
total $23,405 · program services $23,405
-
23 · Insurance
total $12,526 · program services $12,126 · management and general $400
-
24a · Other expenses: DOWNTOWN PROGRAMMING CO
total $393,848 · program services $393,848
-
24b · Other expenses: DUMPSTER PROGRAM
total $29,236 · program services $29,236
-
24c · Other expenses: SUPPLIES
total $3,272 · program services $3,108 · management and general $164
-
24d · Other expenses: TELEPHONE AND INTERNET
total $2,455 · program services $2,332 · management and general $123
-
24e · All other expenses
total $49,384 · program services $45,084 · management and general $4,300
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $167,658 · end of year $162,377
-
3 · Pledges and grants receivable
beginning of year $40,000
-
4 · Accounts receivable
beginning of year $95,238 · end of year $99,492
-
10a · Land, buildings and equipment: cost or other basis
$139,907
-
10b · Land, buildings and equipment: accumulated depreciation
$61,590
-
10c · Land, buildings and equipment, net
beginning of year $101,722 · end of year $78,317
-
17 · Accounts payable and accrued expenses
beginning of year $42,027 · end of year $10,918
-
27 · Net assets without donor restrictions
beginning of year $322,591 · end of year $329,268
-
28 · Net assets with donor restrictions
beginning of year $40,000 · end of year $0
Mission and programs · 2022
Mission
SEE SCHEDULE O
-
THE ORGANIZATION HAS ORGANIZED, PROMOTED AND SUPPORTED MULTIPLE ARTS & CULTURAL EVENTS IN THE CENTRAL CORE OF THE CITY'S DOWNTOWN DISTRICT.
Expenses $896,021 · Revenue $145,647
As filed on the 2022 return.
Listed in Part VII
-
MOLLY ARNOLD
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
MICHAEL PENNINK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
WESLEY FOUNTAIN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOSH CHOI
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
RHONDA HASKINS
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
DAVID WOODHOUSE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DWIGHT SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
EBONY MCNEILL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ANDE THOMAS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DENISE STROTHER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
THEODORE W MOHN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ROBERT M VAN GEONS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
COURTNEY BANK-MCLAUGHLIN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ISAAC HALVERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JACQUELINE SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LEJUANE BOWENS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ISABELLA EFFON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SHAKEYLA INGRAM
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS CAULEY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
C JOHN MALZONE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ANNA HODGES-SMITH
MEMBER
- 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.
Grants on this return
No itemized grants to organizations on this return.
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.
-
COOL SPRING TRANSPORT LLC
TRANSPORTATION · NC · income $0 · assets $0
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349307105
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