Spruce Pine Main Street Inc

Organization Overview

Spruce Pine Main Street Inc is located in Spruce Pine, NC. The organization was established in 1994. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Spruce Pine 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 06/2022, Spruce Pine Main Street Inc generated $60.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $84.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

BEAUTIFICATION OF DOWNTOWN

Describe the Organization's Program Activity:

Part 3 - Line 4a

BEAUTIFICATION AND PRESERVATION OF HISTORICAL DOWNTOWN AREA IN ORDER TO PROMOTE BUSINESS AND TOURISM


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Board, Officers & Key Employees

Name (title)Compensation
David Niven
Treasurer
$0
Cindy Lindsey
Vice President
$0
Zan Sistare
President
$0
Beth Byerly
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $44,418
All other contributions, gifts, grants, and similar amounts not included above$12
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$44,430
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,573
Net Income from Fundraising Events $11,231
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $60,455

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Spruce Pine Main Street Inc has recieved totaling $25.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$25
View Grant Recipient Profile

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