Overview

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Est.

2007

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Laurel Main Street Inc is a nonprofit organization dedicated to revitalizing historic downtown Laurel, Mississippi, through collaboration with community members and both public and private contributors, as part of the Mississippi Main Street Association. With an operating budget of $327.4K and total revenue of $393.5K for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.laurelmainstreet.com.

Mission Statement

TO REVITALIZE HISTORIC DOWNTOWN LAUREL IN PARTNERSHIP WITH MEMBERS, PUBLIC AND PRIVATE CONTRIBUTORS AND AS PART OF THE MISSISSIPPI MAIN STREET ASSOCIATION.
Revenues
$393.5K
Expenses
$338.4K
Net Income:
+$55.1K
Assets
$270K
Liabilities
$30
Net Assets:
+$270K
Operating Budget
$327.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
M
Mallorie Rasberry
Board Member
E
Elizabeth Kent
Board Member
C
Caroline Burks
Board Member

Frequently Asked Questions

What is LAUREL MAIN STREET INC’s budget?
In 2024, LAUREL MAIN STREET INC reported an annual operating budget of around $327 thousand. More detailed financial information is available to registered users.
What causes does LAUREL MAIN STREET INC support?
LAUREL MAIN STREET INC supports work in Community improvement.
Where does LAUREL MAIN STREET INC operate?
LAUREL MAIN STREET INC is headquartered in LAUREL, MS.
Who funded LAUREL MAIN STREET INC recently?
In 2023, LAUREL MAIN STREET INC received grants from LOCAL INITIATIVES SUPPORT CORPORATION, RUTH CAMP AND HENRY CAMPBELL FDN, and MISSISSIPPI HUMANITIES COUNCIL INC. More information on this organization’s funders is available to registered users.
What is the largest grant LAUREL MAIN STREET INC received in 2023?
The largest grant to LAUREL MAIN STREET INC in 2023 exceeds $20 thousand.
What is LAUREL MAIN STREET INC’s reliance on government grants?
LAUREL MAIN STREET INC relied on government grants for more than 30% of their total revenue in 2024.