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Nonprofit · EIN 63-0863585

MADISON STREET FESTIVAL INC

Tax-exempt (reinstated) · MADISON, AL 35758

Financials

$68K$29K2023$68K$39K2024$42K$79K2025
Revenue Expenses · by fiscal year end
Financials of MADISON STREET FESTIVAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$41,594$79,018-$37,424$65,381$0$65,381
December 31, 2024990$68,420$39,206$29,214$102,805$0$102,805
December 31, 2023990$68,494$29,264$39,230$73,591$0$73,591
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$10,400
of which government grants
$10,400
Program service revenue
$0
Investment income
$527
Net income from fundraising events
$30,667
Other revenue
$30,667

Expenses

Grants and similar amounts paid
$59,199
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$490
Program services (functional)
$59,199
Management and general (functional)
$19,819

Balance sheet and other

Total assets, start of year
$102,805
Total assets, end of year
$65,381
Total liabilities, end of year
$0
Net assets, end of year
$65,381
Gross unrelated business income
$30,667
Gross receipts
$105,918
Employees
0
Volunteers
42
Year formed
1990
State of legal domicile
AL

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Crystal McBrayerPresident
Trustee or director
17$0
Megan MooreSecretary
Trustee or director
2.5$0
Kathy MorrisTreasurer
Trustee or director
12$0
Michael McBrayerLogistics Director
Trustee or director
7$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Crystal McBrayerPresident
Trustee or director
18$0
Amber KeyesSecretary
Trustee or director
2$0
Kathy MorrisTreasurer
Trustee or director
10$0
Michael McBrayerLogistics Director
Trustee or director
6$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Crystal McBrayerPresident
Trustee or director
15$0
Amber KeyesSecretary
Trustee or director
2$0
Kathy MorrisTreasurer
Trustee or director
10$0
Tommy OvercashLogistics Director
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 1037, MADISON, AL 35758-5037
In care of
% ELIZABETH C HAYNES
Mailing address (990-N for 2009)
PO Box 1037, Madison AL 35758
Principal officer (990 for 2025)
Crystal McBrayer, 800 Browns Ferry Rd, Madison, AL 35758
Principal officer (990-N for 2009)
Gayle Milam, PO Box 1037, Madison AL 35758
Signed the 990
Kathy Morris, Treasurer
Phone
(309) 945-5999

Mission

Madison Street Festival Inc. is a non-profit organization made up of community volunteers who plan and organize a FREE one-day event held in the City of Madison. This event is family-orientated and promotes businesses and organizations. We provide entertainment, craft vendors, artists, businesses, and food vendors. There is a parade, children's area, teen area, and a few other special exhibits. We are a true family event. Program support includes grants to educational-based organizations within our community. These grants are awarded based on applications each year. We have also served as a financial sponsor for our Madison high school leaders in planning and executing an event similar to ours. We work with the City of Madison school district to provide needed items in a "Stuff the Bus" campaign and we have worked with the downtown area in a few extra events providing crafts for children.

990 for the year ended December 31, 2025

Program accomplishments

  • In 2025 we awarded grants from our 2024 and 2025 festivals. Our grants to the Madison County Schools totaled $26,950. The breakdown of those programs are as follows: Bob Jones High 420.00 Columbia Elementary 1,500.00, Creekside Primary School 425.00, Discovery Middle School SLC 2,000.00, Journey Middle School Greenpower Racing Team 4,775.00, Horizon Elementary 300.00, Horizon Elementary School Bucket Drumming Club 750.00, James Clemens Winter Guard 500.00, Madison Elementary School 2nd Grade Team 500.00, Rainbow Elementary 780.00, Bob Jones High School Air Force JROTC 500.00, Madison Elementary 300.00, Columbia Elementary Music Dept 350.00, Columbia Elementary School Drama Club 1,000.00, Rainbow Elementary School SPED Classroom 500.00, Harvest Elementary 2,000.00, New Hope Elementary Pre K Blended Classroom 2,500.00, Horizon Elementary 500.00, New Market School 1,000.00, Discovery Middle School 350.00, Sparkman Middle School 2,500.00, Buckhorn Middle School 500.00, Monrovia Middle School 650.00, Buckhorn High School 850.00, The University of Alabama in Huntsville 1,500.00.
    Expenses $26,950 · grants $26,950
  • Our grant program also offers grants to city and community organizations for education-based programs. 2024 & 2025 grants were offered to Child Evangelism Fellowship of N Alabama 500.00, Kids to Love 2,000.00, Liberty Learning Foundation 1,000.00, Make A Way Foundation 3,500.00, Rocket City Learning Collective 550.00, Rotary Club of Madison Foundation 1,500.00, The Caring Link 1,500.00, Whirly Girl Ink, Inc 2,000.00, Whirly Girl Ink, Inc 1,500.00, The Caring Link 2,000.00, Disability Resource Network 500.00, Critical Hit Robotics 2,000.00, STEAM Room 2,500.00, Cure Diabetes, Inc. 2,500.00, Kids to Love 2,000.00, Passionate Percussion, Inc 2,500.00.
    Expenses $28,050 · grants $28,050
  • Financial sponsorship of the MadFest 25, an event similar to our event planned and executed by the upcoming leaders of our two local high schools. Other community events providing support and tents with children activies were also part or our outreach program this year. Events like, Stuff the Bus, Third Thursdays Main Street Madison, and Polar Express.
    Expenses $4,199 · grants $4,199

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2026 990-EZ for MADISON STREET FESTIVAL INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
63-0863585
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$65,381
Income (IRS master file)
$105,918

Revocation and reinstatement

Exemption revoked
March 15, 2014
Posted by the IRS
June 9, 2014
Reinstated
Effective March 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$41,594$79,018$65,381XML
990December 2024$68,420$39,206$102,805XML
990December 2023$68,494$29,264$73,591XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2009
Officer: Gayle Milam
October 31, 2010≤ $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 63-0863585).

Questions about MADISON STREET FESTIVAL INC

What is the EIN of MADISON STREET FESTIVAL INC?
The employer identification number (EIN) of MADISON STREET FESTIVAL INC is 63-0863585.
Is MADISON STREET FESTIVAL INC tax-exempt?
Yes. The IRS revoked its exemption on March 15, 2014 and reinstated it effective March 15, 2014.
Are donations to MADISON STREET FESTIVAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON STREET FESTIVAL 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 STREET FESTIVAL INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON STREET FESTIVAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MADISON STREET FESTIVAL INC?
The 990 for the year ended December 31, 2025 names Crystal McBrayer.
Who are the officers and directors of MADISON STREET FESTIVAL INC?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MADISON STREET FESTIVAL INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $41,594, expenses of $79,018 and total assets of $65,381 at year end.

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