Overview
What is Lawrenceburg Main Street Inc?
Lawrenceburg Main Street Inc is a nonprofit organization situated in Lawrenceburg, Indiana. With a team of 34 dedicated individuals, their primary objective is to foster a positive atmosphere in the downtown Lawrenceburg area. They achieve this by recruiting new businesses, promoting community pride, and developing economic tools to enhance the city's overall appeal. One of their notable strategies involves organizing successful programs and events, such as Party in the Park and Winter Wonderland, to attract both employers and consumers to local vendors. These events have attracted a wide audience from the tri-state area, thereby boosting local trade and community engagement.
Official website here: www.thinklawrenceburg.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)
Lawrenceburg Main Street Inc has received a "Needs Improvement" rating, indicating that while there are strengths in the organization, significant areas require attention. The organization has a high accountability and finance score of 73%, with notable strengths including a fully independent board of directors and a strong program expense ratio of over 79%. This suggests that a large portion of their expenditures is directed towards programs rather than administrative costs.
However, there are critical limitations that have affected their overall rating. Notably, the organization is lacking key policies such as a whistleblower policy and document retention procedures, which can hinder transparency and accountability. Additionally, the absence of financial statements and tax forms on their website further detracts from their financial transparency and raises concerns for potential donors or stakeholders.
Despite these challenges, Lawrenceburg Main Street Inc demonstrates positive financial health with a low liabilities to assets ratio, indicating sound fiscal management. The organization's commitment to maintaining an independent board is commendable, but it must address its governance and transparency shortcomings to improve its standing and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lawrenceburg Main Street Inc legitimate?
Lawrenceburg Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrenceburg Main Street Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $57,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,101
For more financial information, click here
Official website here: www.thinklawrenceburg.com
What is the mission statement of Lawrenceburg Main Street Inc?
Lawrenceburg Main Street Inc's mission is centered around enhancing the ambiance of a downtown area. They aim to attract new businesses and foster a sense of community pride. The organization also develops economic tools to improve the area, all achieved through their public-private partnership. Lawrenceburg Main Street Inc's activities include organizing promotional programs and events to attract employers and consumers, such as the successful 'Party in the Park' and 'Winter Wonderland', which draw consumers from various parts of the tri-state area. These events encourage local shopping.
Official website here: www.thinklawrenceburg.com
Who is the CEO of Lawrenceburg Main Street Inc?
Michelle Cone is the Executive Dir. of Lawrenceburg Main Street Inc.
Official website here: www.thinklawrenceburg.com
What is the revenue of Lawrenceburg Main Street Inc?
Lawrenceburg Main Street Inc's revenue in 2022 was $1,000,588.
Official website here: www.thinklawrenceburg.com
Who are the executives of Lawrenceburg Main Street Inc and what are their salaries?
The average compensation at Lawrenceburg Main Street Inc during 2022 was $5,355. There are 34 employees and 90 volunteers at Lawrenceburg Main Street Inc.
Here are 12 key members and their salaries:
- Compensation: $57,955
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thinklawrenceburg.com
Where can I find the form 990 for Lawrenceburg Main Street Inc?
Lawrenceburg Main Street Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thinklawrenceburg.com
Learn more at the official website: www.thinklawrenceburg.com
Mission Statement of Lawrenceburg Main Street Inc
Lawrenceburg Main Street Inc, a nonprofit organization, is dedicated to enhancing the atmosphere of downtown Lawrenceburg. Their mission is threefold: to attract new businesses, foster a sense of community pride, and develop economic tools to improve the area. They strive to achieve this through their public-private partnership, working tirelessly to make Lawrenceburg a more appealing and prosperous place.
The organization's efforts are evident in their promotional programs and events. For instance, Party in the Park and Winter Wonderland have been successful in drawing consumers from the tri-state area to shop at local vendors, contributing to the overall growth and vibrancy of downtown Lawrenceburg. By recruiting new businesses and promoting community pride, Lawrenceburg Main Street Inc is instrumental in shaping a more appealing and economically sound downtown area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lawrenceburg Main Street Inc plays a pivotal role in transforming downtown Lawrenceburg into a vibrant, economically thriving hub. By actively recruiting new businesses, the organization enhances the local economy and promotes community pride, making the area an attractive destination for both residents and visitors.
With programs and events like Party in the Park and Winter Wonderland, Lawrenceburg Main Street Inc successfully draws consumers from the tri-state area, showcasing local vendors and fostering a sense of community. These initiatives not only stimulate foot traffic but also encourage spending in the downtown area, benefiting local businesses and contributing to an overall improved atmosphere.
In partnership with public and private sectors, Lawrenceburg Main Street Inc develops economic tools that help ensure the sustained growth and vitality of Lawrenceburg. This collaborative approach empowers the community to thrive, elevating the quality of life for its residents through a dynamic and engaged downtown environment.
This information is meant to be a general summary of Lawrenceburg Main Street Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,838
- Program Service Revenue: $129,760
- Gross Receipts: $1,000,588
Assets and Liabilities:
- Total Assets: $526,996
- Total Liabilities: $200
- Net Assets: $526,796
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gaming-Split the Pot
Revenue
$44,938
Rentention Income
Revenue
$2,185
Wine Walk
Revenue
$9,280
Winter Wonderland
Revenue
$73,357
Organization Details
Founding Year
1997
Phone
(812) 537-4507Principal Officer
Michelle Cone
Main Address
105B WALNUT STREET, LAWRENCEBURG, IN, 47025
Website
www.thinklawrenceburg.comNTEE Category
Code: S32 - Community improvement
If you are a representative of Lawrenceburg Main Street Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.