Nonprofit · EIN 47-5200397
OCALA MAIN STREET INC
Tax-exempt · OCALA, FL 34471
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $121,233 | $151,199 | -$29,966 | $74,974 | $292,407 | -$217,433 |
| December 31, 2023 | 990 | $125,646 | $193,032 | -$67,386 | $95,492 | $282,959 | -$187,467 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $120,650
- of which government grants
- $48,000
- Program service revenue
- $0
- Investment income
- $583
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $65,000
- Salaries, compensation and benefits (total)
- $70,015
- Professional fundraising fees
- $0
- Travel
- $566
- Program services (functional)
- $101,846
- Management and general (functional)
- $49,353
Balance sheet and other
- Total assets, start of year
- $95,492
- Total assets, end of year
- $74,974
- Total liabilities, end of year
- $292,407
- Net assets, end of year
- -$217,433
- Land, buildings and equipment
- $15,330
- Publicly traded securities
- $3,919
- Gross receipts
- $121,233
- Employees
- 1
- Volunteers
- 52
- Year formed
- 2015
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK ANDERSON | DIRECTOR Trustee or director | 3 | $0 |
| LARRY BUSH | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT COLDWELL | DESIGN CHAIR Trustee or director | 2 | $0 |
| DOUGLAS CONE | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN GIBBONEY | TREASURER Trustee or director, Officer | 3 | $0 |
| KAYCIE HARTLEY | PROMOTIONS C Trustee or director | 2 | $0 |
| STEWART HILL | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW HINKLE | DIRECTOR Trustee or director | 1 | $0 |
| KATIE HUNNICUTT | DIRECTOR Trustee or director | 1 | $0 |
| ANGIE LESTER | HEART OF THE Trustee or director | 5 | $0 |
| ANTHONY ORTIZ | DIRECTOR Trustee or director | 1 | $0 |
| TIMOTHY ROGERS | DIRECTOR Trustee or director | 0.25 | $0 |
| TED SCHATT | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| KAITLYN WILSON-BUTLER | SECRETARY Trustee or director, Officer | 3 | $0 |
| KYLE YANCEY | PRESIDENT Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW HINKLE | PRESIDENT Trustee or director, Officer | 2 | $66,662 |
| JESSICA FIELDHOUSE | EXECUTIVE DI Trustee or director | 40 | $0 |
| JOHN GIBBONEY | TREASURER Trustee or director | 2 | $0 |
| TIMOTHY ROGERS | TREASURER Trustee or director, Officer | 2 | $0 |
| KAITLYN WILSON-BUTLER | SECRETARY Trustee or director, Officer | 2 | $0 |
| KYLE YANCEY | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 110 SW BROADWAY ST, OCALA, FL 34471-1139
- In care of
- % THOMAS MCDONALD
- Mailing address (990-N for 2016)
- 310 SE 3rd Street, Ocala FL 34471
- Principal officer (990 for 2024)
- JOHN GIBBONEY, 112 E FORT KING ST, OCALA, FL 34471
- Principal officer (990-N for 2016)
- Diana Schwartz, 310 SE 3rd Street, Ocala FL 34471
- Signed the 990
- JOHN GIBBONEY, TREASURER
- Phone
- (352) 812-4097
- Website
- www.feeldowntownocala.com
- Return prepared by
- CRIPPEN & CO
Mission
TO CREATE A THRIVING, UNIQUE, AND LIVABLE DOWNTOWN COMMUNITY.
Program accomplishments
- OPERATING EXPENSESExpenses $101,846
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5200397
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $74,974
- Income (IRS master file)
- $121,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $121,233 | $151,199 | $74,974 | XML |
| 990 | December 2023 | $125,646 | $193,032 | $95,492 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2016 Officer: Diana Schwartz | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-5200397).
Questions about OCALA MAIN STREET INC
- What is the EIN of OCALA MAIN STREET INC?
- The employer identification number (EIN) of OCALA MAIN STREET INC is 47-5200397.
- Is OCALA MAIN STREET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to OCALA MAIN STREET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCALA MAIN STREET 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 OCALA MAIN STREET 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 OCALA MAIN STREET 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 OCALA MAIN STREET INC?
- The 990 for the year ended December 31, 2024 names JOHN GIBBONEY.
- Who are the officers and directors of OCALA MAIN STREET INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does OCALA MAIN STREET INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $121,233, expenses of $151,199 and total assets of $74,974 at year end.
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All nonprofits in OCALA · Florida · Arts, culture and humanities