Central Market Trust

Tax-deductible

Lancaster, PA501(c)(3)Since 2006EIN 76-0822944Revenue $581K in FY2025

On file with the IRScentralmarketlancaster.com8 N Queen Street 7th Flr Griest Bl, 17603-3878 · Lancaster, PATax-exempt since Jul 2007Publicly supported — 509(a)(2)

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The organization performs the daily management of the lancaster Central Market in a manner that facilitates the economic health of standholders' businesses while remaining consistent with traditional Market and historic preservation standards. In addition, IT protects and operates the Central Market as a historically viable farmers' Market; preserves the unique 1886 building as the centerpiece of a historic urban community; and contributes to sustaining the continuing legacy and heritage of the city of lancaster.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 45 volunteers and 7 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
3 of 6
filings with a surplus
Average deficit $37K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $117K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$27K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$581K
-27% vs prior year
Spent
$762K
To programs
78%
Net assets
$413K
By yearFY2020–FY2025
Revenue
$581K
FY2025▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2020$490K
FY2021$580K
FY2022$462K
FY2023$589K
FY2024$797K
FY2025$581K
Expenses
$762K
FY2025▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2020$372K
FY2021$400K
FY2022$417K
FY2023$870K
FY2024$900K
FY2025$762K
Net assets
$413K
FY2025▼ -29%
Tap a bar for its year
Net assets by fiscal year
FY2020$727K
FY2021$907K
FY2022$952K
FY2023$675K
FY2024$584K
FY2025$413K

From the FY2025 Form 990 (year ending June 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2007.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $597K Management & general 13% · $96K Fundraising 9% · $69K

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

17 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Exec Direc (
$73,083Pt VII · Sec A
Exec Direc (
$35,406Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Melissa Siwiec$35,406$112,750$87,083———
Mary Goss———$74,457$71,070$70,035
Donna Langley$73,083—————
Danielle Decker————$43,500$7,613
Elyse Pollak—————$22,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Central Market Trust 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 15aYes

Programs and updates

Cultivates businesses, relationships, and community at Lancaster Central Market.

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Provided by the organization

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1 program · $597K · in their own filed words · FY2024
01

Management and preservation of the historic central market in lancaster, pa

$597Kprogram 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 · FY2024
Total grants receivedfrom 3 funders$117K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$581K
Ln 12
Fees for servicesLn 2g$483K
Gifts and grantsLn 1h$93K
Investment incomeLn 3$16K
Money outPt IX
$762K
Ln 25
Programscol B$597K
Managementcol C$96K
Fundraisingcol D$69K
Owns and owesPt X
$413K
net assets · Ln 32
Cash and savingsLn 1–2$189K
Total assetsLn 16$440K
LiabilitiesLn 26$27K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$93K
Fees for servicesLn 2g$483K
Investment incomeLn 3$16K
Gains on assetsLn 7$555
Total revenueLn 12$581K
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$178K
Cash and savings togetherLn 1–2$189K
InvestmentsLn 11–13$164K
Land, buildings, equipmentLn 10c$27K
Other assetsLn 15$275
Total assetsLn 16$440K
LiabilitiesLn 26$27K
Net assetsLn 32$413K
OperationsPt I, VI
EmployeesI 57
VolunteersI 645
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$430K$189K
InvestmentsLn 11–13$146K$164K
Land, buildings, equipmentLn 10c$37K$27K
Total assetsLn 16$647K$440K
LiabilitiesLn 26$63K$27K
Net assetsLn 32$584K$413K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$72K$19K$17K
Other salaries and wagesLn 7$156K$103K$28K$25K
Payroll taxesLn 10$21K$14K$3K$3K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$54K$54K
Advertising and promotionLn 12$8K$5K$3K
Office expensesLn 13$53K$40K$3K$11K
OccupancyLn 16$124K$107K$18K
Depreciation, depletion and amortizationLn 22$10K$8K$3K
InsuranceLn 23$8K$6K$2K
Other expenses (24a–d)Ln 24$200K$186K$4K$9K
All other expensesLn 24e$10K$2K$6K$2K
Total functional expensesLn 25$762K$597K$96K$69K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $581K$762K−$181K$413K 990 PDF
FY2024 $797K$900K−$103K$584K 990 PDF
FY2023 $589K$870K−$281K$675K 990 PDF
FY2022 $462K$417K$45K$952K 990 PDF
FY2021 $580K$400K$180K$907K 990 PDF
FY2020 $490K$372K$117K$727K 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 FY2025 990 (6 parts)
Part I · Summary $581,222 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $345,307$93,140
I-9 Program service revenuePrior year $434,762$483,158
I-10 Investment incomePrior year $14,926$16,432
I-11 Other revenuePrior year $1,718−$11,508
I-12 Total revenuePrior year $796,713$581,222
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $354,581$285,298
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $545,213$477,044
I-18 Total expensesPrior year $899,794$762,342
I-19 Revenue less expensesPrior year −$103,081−$181,120
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $581,222 across 6 lines filed
Lines not itemized here account for −$11,508 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$93,140
VIII-1h Total contributions, gifts and grants$93,140
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $483,158$483,158
VIII-3 Investment incomeExcluded from tax $15,877$15,877
VIII-7 Net gain or loss on sales of assetsExcluded from tax $555$555
VIII-12 Total revenueRelated to mission $483,158 · Excluded from tax $4,924$581,222
Part IX · Statement of functional expenses $762,342 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $71,941 · Management $19,414 · Fundraising $17,134$108,489
IX-7 Other salaries and wagesPrograms $103,296 · Management $27,877 · Fundraising $24,602$155,775
IX-10 Payroll taxesPrograms $14,298 · Management $3,396 · Fundraising $3,340$21,034
IX-11c Accounting feesManagement $8,400$8,400
IX-11f Investment management feesManagement $1,942$1,942
IX-11g Other fees for servicesPrograms $53,816$53,816
IX-12 Advertising and promotionPrograms $4,687 · Fundraising $3,124$7,811
IX-13 Office expensesPrograms $39,763 · Management $2,749 · Fundraising $10,831$53,343
IX-16 OccupancyPrograms $106,800 · Management $17,592$124,392
IX-22 Depreciation, depletion and amortizationPrograms $7,678 · Management $2,560$10,238
IX-23 InsurancePrograms $5,900 · Management $1,865$7,765
IX-24 Other expenses (24a–d)Programs $186,498 · Management $4,388 · Fundraising $8,641$199,527
IX-24e All other expensesPrograms $2,332 · Management $5,660 · Fundraising $1,818$9,810
IX-25 Total functional expensesPrograms $597,009 · Management $95,843 · Fundraising $69,490$762,342
Part X · Balance sheet $440,099 assets, 15 lines filed
X-1 Cash, non-interest-bearing$10,962
X-2 Savings and temporary cash investmentsStart of year $429,804$178,292
X-4 Accounts receivableStart of year $2,987$3,744
X-8 Inventories for sale or useStart of year $16,540$7,665
X-9 Prepaid expenses and deferred chargesStart of year $13,465$47,628
X-10c Land, buildings and equipment, netStart of year $37,295$27,057
X-11 Publicly traded securitiesStart of year $146,399$164,476
X-15 Other assetsStart of year $275$275
X-16 Total assetsStart of year $646,765$440,099
X-17 Accounts payable and accrued expensesStart of year $26,416$27,215
X-26 Total liabilitiesStart of year $62,710$27,215
X-27 Net assets without donor restrictionsStart of year $437,637$333,899
X-28 Net assets with donor restrictionsStart of year $146,418$78,985
X-32 Total net assets or fund balancesStart of year $584,055$412,884
X-33 Total liabilities and net assetsStart of year $646,765$440,099
Part XI · Reconciliation of net assets $412,884 net assets at year end
XI-1 Total revenue$581,222
XI-2 Total expenses$762,342
XI-3 Revenue less expenses−$181,120
XI-4 Net assets at start of year$584,055
XI-5 Net unrealized gains (losses) on investments$9,949
XI-10 Net assets at end of year$412,884

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

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