GULFPORT MAIN STREET ASSOCIATION

EIN: 383736539 501(c)(3) Arts, Culture & Humanities

GULFPORT, MS

Total Revenue
$242,898
Total Expenses
$146,314
Total Assets
$263,317
Net Assets
$263,317
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MS
Principal Officer
JENNIFER LEE
Phone
2288683414
Tax Period
2018-01-01 to 2018-12-31

GULFPORT MAIN STREET ASSOCIATION, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $243K in total revenue in fiscal year 2018. Revenue surged 421% from the prior year, signaling strong growth momentum. The organization ran a surplus of $97K, a strong 40% operating margin.

Mission

TO REHABILITATE AND REJUVENATE HISTORIC DOWNTOWN GULFPORT, USING A FOUR-POINT APPROACH: ORGANIZATION, PROMOTIONS, DESIGN AND ECONOMIC VITALITY. GULFPORT MAIN STREET ALSO SUPPORTS A MIXED-USE ENVIRONMENT, AND PARTICULARY, HOUSING IN THE DISTRICT. OUR GOAL IS THE REVITALIZATION OF THE DOWNTOWN GULFPORT AFFECTING POSITIVE CHANGE ON ALL OF GULFPORT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $231,100
Program Service Revenue $10,768
Investment Income $1,030
Other Revenue $0
TOTAL REVENUE $242,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $128,619
Other Expenses $146,314
TOTAL EXPENSES $146,314

Year-over-Year Comparison

2018 2017 Change
Revenue $242,898 $46,641 +4.2%
Expenses $146,314 $73,692 +1.0%
Net Income $96,584 $-27,051 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEL ARSENAULT BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON ARZOLA BOARD MEMBER 1.00
Director
$0 $0 $0
SHERRI CARR BEVIS BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK BRINDLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA CROSBY BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLY GIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN JACOBS BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW MCDADE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHNNY OLSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOY SAUCIER BOARD MEMBER 1.00
Director
$0 $0 $0
ROB STINSON BOARD MEMBER 1.00
Director
$0 $0 $0
WHITNEY SUMRALL BOARD MEMBER 1.00
Director
$0 $0 $0
TONY SWIGRIS BOARD MEMBER 1.00
Director
$0 $0 $0
RIC WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER LEE PRESIDENT 2.00
Officer
$0 $0 $0
SETH TOWLES TREASURER 2.00
Officer
$0 $0 $0
AIMEE ROBERTSON SECRETARY 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2018 $242,898 $146,314 $263,317 $96,584
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