Main Street Live Ltd

Analysis

Main Street Live Ltd is a registered charity in United States, based in Trinidad, CO. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Main Street Live Ltd reported income of $115k and spending of $152k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $115k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Main Street Live Ltd sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Veterans Memorial & Support Foundation of Los Gatos ($115k), Regional Organization of Oaxaca ($115k) and Sweet Adelines International ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 35% of the total. At year end it held assets of $97k against liabilities of $116k, net assets of -$18k. It reported 1 employees.