Christmas Lane INC: Nonprofit Profile, Financials & Form 990 (EIN 47-5487178)

Revenue by fiscal year
FY2020	$296K
FY2021	$3K
FY2022	$255K
FY2023	$306K
FY2024	$375K
FY2025	$436K

Expenses by fiscal year
FY2020	$311K
FY2021	$56K
FY2022	$237K
FY2023	$270K
FY2024	$368K
FY2025	$464K

Net assets by fiscal year
FY2020	−$95K
FY2021	−$148K
FY2022	−$129K
FY2023	−$94K
FY2024	−$87K
FY2025	−$115K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2016.

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

Where the money goes

96 cents of each dollar spent went to programs.

96%

Program services 96% · $445K Management & general 4% · $19K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Cindy Griffin

Director

$0Pt VII · Sec A

Robert Lane Wetherington

President

$0Pt VII · Sec A

Ronald Wetherington

Treasurer

$0Pt VII · Sec A

See Christmas Lane 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 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo
Loans to or from officersSch L · Pt II2 listed

Programs and updates

Celebrates and honors local customs and traditions through an annual public festival.

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Provided by the organization

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1 program · $445K · in their own filed words · FY2024

01

The organization conducts an annual festival celebrating customs and traditions practiced and enjoyed by the local community for decades and honors the historical significance of those traditions. All activities are open to the general public.

$445Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$436K

Ln 12

Gifts and grantsLn 1h$424K

Investment incomeLn 3$10K

Other incomeLn 4–11$3K

Money outPt IX

$464K

Ln 25

Programscol B$445K

Managementcol C$19K

Owns and owesPt X

−$115K

net assets · Ln 32

Cash and savingsLn 1–2$12K

Total assetsLn 16$24K

LiabilitiesLn 26$139K

PeoplePt VI, VII

3

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$424K

Investment incomeLn 3$10K

Other incomeLn 4–11$3K

Gains on assetsLn 7$10K

Total revenueLn 12$436K

Assets in detailPt X, end of year

CashLn 1$12K

Cash and savings togetherLn 1–2$12K

Land, buildings, equipmentLn 10c$12K

Total assetsLn 16$24K

LiabilitiesLn 26$139K

Net assetsLn 32−$115K

OperationsPt I, VI

EmployeesI 519

Fiscal year endsHeaderJune

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

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$2K	$12K
Land, buildings, equipmentLn 10c	$6K	$12K
Total assetsLn 16	$8K	$24K
LiabilitiesLn 26	$95K	$139K
Net assetsLn 32	−$87K	−$115K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$28K	$28K
Payroll taxesLn 10	$4K	$4K
Accounting feesLn 11c	$4K		$4K
Other fees for servicesLn 11g	$4K	$4K
Advertising and promotionLn 12	$15K	$15K
Office expensesLn 13	$24K	$23K	$716
OccupancyLn 16	$94K	$94K
TravelLn 17	$89	$89
InterestLn 20	$4K	$4K
Depreciation, depletion and amortizationLn 22	$51K	$51K
InsuranceLn 23	$34K	$34K
Other expenses (24a–d)Ln 24	$132K	$132K
All other expensesLn 24e	$71K	$57K	$14K
Total functional expensesLn 25	$464K	$445K	$19K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$436K	$464K	−$28K	−$115K	990 PDF
FY2024	$375K	$368K	$7K	−$87K	990 PDF
FY2023	$306K	$270K	$35K	−$94K	990 PDF
FY2022	$255K	$237K	$19K	−$129K	990 PDF
FY2021	$3K	$56K	−$53K	−$148K	990 PDF
FY2020	$296K	$311K	−$16K	−$95K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $436,315 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $375,320$423,821

I-9 Program service revenue$0

I-10 Investment income$9,862

I-11 Other revenue$2,632

I-12 Total revenuePrior year $375,320$436,315

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $32,282$31,098

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $336,124$433,070

I-18 Total expensesPrior year $368,406$464,168

I-19 Revenue less expensesPrior year $6,914−$27,853

Part VI · Governance 3 of 3 board members independent, 5 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members3

VI-2 Family or business relationship among officers or directorsYes

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

Part VIII · Statement of revenue $436,315 across 5 lines filed

VIII-1f All other contributions, gifts and grants$423,821

VIII-1h Total contributions, gifts and grants$423,821

VIII-7 Net gain or loss on sales of assetsRelated to mission $9,862$9,862

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,632$2,632

VIII-12 Total revenueRelated to mission $12,494$436,315

Part IX · Statement of functional expenses $464,168 across 13 lines filed

IX-7 Other salaries and wagesPrograms $27,575$27,575

IX-10 Payroll taxesPrograms $3,523$3,523

IX-11c Accounting feesManagement $4,450$4,450

IX-11g Other fees for servicesPrograms $4,000$4,000

IX-12 Advertising and promotionPrograms $14,513$14,513

IX-13 Office expensesPrograms $23,400 · Management $716$24,116

IX-16 OccupancyPrograms $94,309$94,309

IX-17 TravelPrograms $89$89

IX-20 InterestPrograms $3,948$3,948

IX-22 Depreciation, depletion and amortizationPrograms $50,726$50,726

IX-23 InsurancePrograms $34,189$34,189

IX-24 Other expenses (24a–d)Programs $131,671$131,671

IX-24e All other expensesPrograms $57,319 · Management $13,740$71,059

IX-25 Total functional expensesPrograms $445,262 · Management $18,906 · Fundraising $0$464,168

Part X · Balance sheet $24,329 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $2,012$12,200

X-10c Land, buildings and equipment, netStart of year $5,830$12,129

X-16 Total assetsStart of year $7,842$24,329

X-25 Other liabilitiesStart of year $9,599$8,275

X-26 Total liabilitiesStart of year $94,970$139,307

X-27 Net assets without donor restrictionsStart of year −$87,128−$114,978

X-32 Total net assets or fund balancesStart of year −$87,128−$114,978

X-33 Total liabilities and net assetsStart of year $7,842$24,329

Part XI · Reconciliation of net assets −$114,978 net assets at year end

XI-1 Total revenue$436,315

XI-2 Total expenses$464,168

XI-3 Revenue less expenses−$27,853

XI-4 Net assets at start of year−$87,128

XI-9 Other changes in net assets$3

XI-10 Net assets at end of year−$114,978

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Christmas Lane INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Christmas Lane INC

By the numbers

Filing history

Schedules filed Part IV