Thibodaux Main Street Inc is located in Thibodaux, LA. The organization was established in 2007. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thibodaux Main Street Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Thibodaux Main Street Inc generated $83.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $59.3k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
BEAUTIFICATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Lefort President | 5 | $0 | |
Grant Ordyone Vice-President | 5 | $0 | |
Renee Talbot Sec | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,916 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,935 |
| Other Revenue | $3,133 |
| Total Revenue | $83,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,629 |
| Professional fees and other payments to independent contractors | $2,457 |
| Occupancy, rent, utilities, and maintenance | $4,271 |
| Printing, publications, postage, and shipping | $217 |
| Other expenses | $21,761 |
| Total expenses | $59,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,774 |
| Other assets | $0 |
| Total assets | $122,644 |
| Total liabilities | $2,240 |
| Net assets or fund balances | $120,404 |