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Nonprofit · EIN 35-1939473

MADISON MAIN STREET PROGRAM INC

Tax-exempt · MADISON, IN 47250

Financials

$180K$167K2023$181K$240K2024
Revenue Expenses · by fiscal year end
Financials of MADISON MAIN STREET PROGRAM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$180,567$240,154-$59,587$161,023$2,270$158,753
December 31, 2023990$180,146$167,073$13,073$220,096$1,756$218,340
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$178,656
of which government grants
$55,617
Membership dues
$24,321
Program service revenue
$0
Investment income
$1,911
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$107,305
Salaries, compensation and benefits (total)
$115,514
Professional fundraising fees
$0
Accounting fees
$9,100
Occupancy
$10,560
Travel
$126
Program services (functional)
$240,154

Balance sheet and other

Total assets, start of year
$220,096
Total assets, end of year
$161,023
Total liabilities, end of year
$2,270
Net assets, end of year
$158,753
Net assets without donor restrictions
$158,753
Gross receipts
$180,567
Employees
4

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEFF BRAUTIGAMPRESIDENT
Trustee or director, Officer
–$0
LAURA HODGESSECRETARY
Trustee or director, Officer
–$0
ED RAYVICE PRESIDE
Trustee or director, Officer
–$0
AUSTIN SIMSPROGRAM DIRE
Trustee or director, Officer
–$0
KENDALL WITHEREDTREASURER
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
HILARY BEALLBOARD PRESID
Trustee or director, Officer
–$0
JEFF BRAUTIGAMVICE PRESIDE
Trustee or director, Officer
–$0
LAURA HODGESSECRETARY
Trustee or director, Officer
–$0
NICOLE SCHELLTREASURER
Trustee or director, Officer
–$0
AUSTIN SIMSPROGRAM DIRE
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
301 E MAIN ST, MADISON, IN 47250-3536
Principal officer (990 for 2024)
KENDALL WITHERED, 321 W MAIN STREET, MADISON, IN 47250
Signed the 990
KENDALL WITHERED, TREASURER
Phone
(812) 493-4984
Return prepared by
MCKAY ACCOUNTING SERVICE LLC

Mission

A RESOURCE FOR PROMOTING DOWNTOWN REVITALIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATIONAL SERVICES/LIASON FOR DOWNTOWN ORGANIZATIONS TO ENCOURAGE MERCHANTS AND CITIZENS TO PARTICIPATE IN ACTIVITIES FOR CULTURAL AND ECONOMIC DEVELOPMENT.
    Expenses $240,154
  • EDUCATIONAL SERVICES/LIASON FOR DOWNTOWN ORGANIZATIONS TO ENCOURAGE MERCHANTS AND CITIZENS TO PARTICIPATE IN ACTIVITIES FOR CULTURAL AND ECONOMIC DEVELOPMENT.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1939473
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$161,023
Income (IRS master file)
$180,567

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$180,567$240,154$161,023IRS
990December 2023$180,146$167,073$220,096XML
990December 2022$179,035$169,398$201,837IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1939473).

Questions about MADISON MAIN STREET PROGRAM INC

What is the EIN of MADISON MAIN STREET PROGRAM INC?
The employer identification number (EIN) of MADISON MAIN STREET PROGRAM INC is 35-1939473.
Is MADISON MAIN STREET PROGRAM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to MADISON MAIN STREET PROGRAM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON MAIN STREET PROGRAM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MADISON MAIN STREET PROGRAM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON MAIN STREET PROGRAM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MADISON MAIN STREET PROGRAM INC?
The 990 for the year ended December 31, 2024 names KENDALL WITHERED.
Who are the officers and directors of MADISON MAIN STREET PROGRAM INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does MADISON MAIN STREET PROGRAM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $180,567, expenses of $240,154 and total assets of $161,023 at year end.

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