Osceola Mainstreet Program INC FY2024 filing

Tax-deductible

Osceola, WI501(c)(3)Community DevelopmentEIN 39-1939757Revenue $319K in FY2024

On file with the IRSPo Box 251, 54020-0251 · Osceola, WITax-exempt since May 1999Publicly supported charity — 170(b)(1)(A)(vi)

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Osceola's main street Program is a public/private partnership, uniting the community in an effort to stimulate the local economy, enhance the quality of life, and provide historic preservation.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $86K a year · 43% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 18.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$133
0.03% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$319K
+225% vs prior year
Spent
$125K
To programs
91%
Net assets
$400K
By yearFY2020–FY2025
Revenue
$319K
FY2024▲ +225%
Tap a bar for its year
Revenue by fiscal year
FY2020$91K
FY2021$93K
FY2022$109K
FY2023$98K
FY2024$319K
FY2025$78K
Expenses
$125K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$125K
FY2025$100K
Net assets
$400K
FY2024▲ +94%
Tap a bar for its year
Net assets by fiscal year
FY2020$74K
FY2021$110K
FY2022$170K
FY2023$207K
FY2024$400K
FY2025$379K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $114K Management & general 9% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Osceola Mainstreet Program INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Revitalizes downtown to boost the economy, improve life, and preserve history.

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Provided by the organization

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1 program · $114K · in their own filed words · FY2024
01

Promotion of the community through activities and events

$114Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$319K
Ln 12
Gifts and grantsLn 1h$239K
Fees for servicesLn 2g$79K
Investment incomeLn 3$1K
Money outPt IX
$125K
Ln 25
Programscol B$114K
Managementcol C$11K
Owns and owesPt X
$400K
net assets · Ln 32
Cash and savingsLn 1–2$191K
Total assetsLn 16$400K
LiabilitiesLn 26$133
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$239K
Government grantsLn 1e$75K
Fees for servicesLn 2g$79K
Investment incomeLn 3$1K
Total revenueLn 12$319K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$188K
Cash and savings togetherLn 1–2$191K
Land, buildings, equipmentLn 10c$163K
Total assetsLn 16$400K
LiabilitiesLn 26$133
Net assetsLn 32$400K
OperationsPt I, VI
EmployeesI 52
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$164K$191K
Land, buildings, equipmentLn 10c$350$163K
Total assetsLn 16$207K$400K
LiabilitiesLn 26$572$133
Net assetsLn 32$207K$400K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$267$267
Advertising and promotionLn 12$546$546
Office expensesLn 13$4K$1K$2K
Information technologyLn 14$193$193
OccupancyLn 16$5K$5K
TravelLn 17$257$257
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$101K$101K
Total functional expensesLn 25$125K$114K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $78K$100K−$21K$379K 990 PDF
FY2024 Viewing $319K$125K$194K$400K 990 PDF
FY2023 $98K$207K 990 PDF
FY2022 $109K$170K 990 PDF
FY2021 $93K$110K 990 PDF
FY2020 $91K$74K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $318,951 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $27,829$239,146
I-9 Program service revenuePrior year $69,676$78,531
I-10 Investment incomePrior year $701$1,274
I-11 Other revenue$0
I-12 Total revenuePrior year $98,206$318,951
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $61,283$125,399
I-18 Total expensesPrior year $61,283$125,399
I-19 Revenue less expensesPrior year $36,923$193,552
Part VI · Governance 15 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $318,951 across 6 lines filed
Lines not itemized here account for $2,638 of total revenue; see the IRS return.
VIII-1e Government grants$74,623
VIII-1f All other contributions, gifts and grants$164,523
VIII-1h Total contributions, gifts and grants$239,146
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,465 · Excluded from tax $60,428$75,893
VIII-3 Investment incomeExcluded from tax $1,274$1,274
VIII-12 Total revenueRelated to mission $18,103 · Excluded from tax $61,702$318,951
Part IX · Statement of functional expenses $125,399 across 10 lines filed
IX-11c Accounting feesManagement $5,448$5,448
IX-11g Other fees for servicesManagement $267$267
IX-12 Advertising and promotionPrograms $546$546
IX-13 Office expensesPrograms $1,374 · Management $2,373$3,747
IX-14 Information technologyManagement $193$193
IX-16 OccupancyPrograms $4,800$4,800
IX-17 TravelPrograms $257$257
IX-22 Depreciation, depletion and amortizationPrograms $5,985$5,985
IX-23 InsuranceManagement $3,040$3,040
IX-24 Other expenses (24a–d)Programs $101,116$101,116
IX-25 Total functional expensesPrograms $114,078 · Management $11,321 · Fundraising $0$125,399
Part X · Balance sheet $400,217 assets, 9 lines filed
Asset lines not itemized here account for $46,255; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $4,158$2,678
X-2 Savings and temporary cash investmentsStart of year $159,840$187,869
X-10c Land, buildings and equipment, netStart of year $350$163,415
X-16 Total assetsStart of year $207,104$400,217
X-17 Accounts payable and accrued expensesStart of year $572$133
X-26 Total liabilitiesStart of year $572$133
X-27 Net assets without donor restrictionsStart of year $206,532$400,084
X-32 Total net assets or fund balancesStart of year $206,532$400,084
X-33 Total liabilities and net assetsStart of year $207,104$400,217
Part XI · Reconciliation of net assets $400,084 net assets at year end
XI-1 Total revenue$318,951
XI-2 Total expenses$125,399
XI-3 Revenue less expenses$193,552
XI-4 Net assets at start of year$206,532
XI-10 Net assets at end of year$400,084

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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