DENISON MAIN STREET INC

EIN: 455601886 501(c)(3) Community Improvement

DENISON, TX

Total Revenue
$248,383
Total Expenses
$252,429
Total Assets
$10,412
Net Assets
$10,412
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
Donna Dow
Phone
9034652720
Tax Period
2024-10-01 to 2025-09-30

DENISON MAIN STREET INC, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $248K in total revenue in fiscal year 2024.

Mission

Denison Main Streets mission is to mold Denison as a regional hub with a wide range of engaging activities and to blend commercial activity in the area with livability. As such our two primary goals are the preservation of Denisons heritage and the facilitation of economic growth in order to foster community pride promote civic action and lead to municipal improvements.

Program Service Accomplishments

Program 1
Expenses: $135,548 Revenue: $135,548

Denison on Ice funds outdoor ice skating in Downtown Denison during the holiday season. The program typically lasts from late November to the beginning of January. The ice rink remains open seven...

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Denison on Ice funds outdoor ice skating in Downtown Denison during the holiday season. The program typically lasts from late November to the beginning of January. The ice rink remains open seven days a week. It has grown Main Streets economic viability by providing season jobs for community members and also increasing interest in Denison from existing businesses as well as potential start-ups. The ice rink attracts visitors from Denison to surrounding towns.

Program 2
Expenses: $61,777 Revenue: $61,777

Music on Main is a premier program organized by Denison Main Street that hosts a free summer music concert. A different group plays Friday night in downtown to fortify our goal. Music on Main enables...

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Music on Main is a premier program organized by Denison Main Street that hosts a free summer music concert. A different group plays Friday night in downtown to fortify our goal. Music on Main enables visitors to experience a variety of musical styles in a concert venue without the cost distance and obstacles. The programs staff incorporates volunteers from the community to involve them in our activities. By sponsoring the arts and promoting the program over several radio stations we draw attention to Denison Main Street from investors.

Program 3
Expenses: $16,745 Revenue: $16,745

Denison Main Street maintains several yearly celebrations in addition to its two biggest programs. We finance Independence day to provide a family-oriented celebration. We also host another event...

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Denison Main Street maintains several yearly celebrations in addition to its two biggest programs. We finance Independence day to provide a family-oriented celebration. We also host another event called Doc Holliday that pays tribute to Denisons early boom. We have entertainers historians authors cultural exhibits tours and more.

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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 (2024)

Revenue Breakdown

Contributions & Grants $58,000
Program Service Revenue $179,346
Investment Income $88
Other Revenue $10,949
TOTAL REVENUE $248,383

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $252,429
Other Expenses $252,429
TOTAL EXPENSES $252,429

Year-over-Year Comparison

2024 2023 Change
Revenue $248,383 $244,792 +0.0%
Expenses $252,429 $251,507 +0.0%
Net Income $-4,046 $-6,715 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
100

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
0
$0
Total Directors
10
$84,644
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donna Dow Main Street Director 20.00
Director
$0 $0 $84,644
Wendy Acosta Board Member 6.00
Director
$0 $0 $0
Rebecca Ingram Board Member 6.00
Director
$0 $0 $0
Mel Climer Board Member 6.00
Director
$0 $0 $0
Zac Duce Board Member 6.00
Director
$0 $0 $0
Kimberlea Miller Board Member 6.00
Director
$0 $0 $0
Kathryn Pickens Board Member 6.00
Director
$0 $0 $0
Marq Hoil Board Member 6.00
Director
$0 $0 $0
Lexi Roberts Board Member 6.00
Director
$0 $0 $0
Lucas Ridley Board Member 6.00
Director
$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
2025 $248,383 $252,429 $10,412 $-4,046
2024 $244,792 $251,507 $8,570 $-6,715
2023 $202,621 $216,881 $16,576 $-14,260
2022 $309,130 $287,513 $30,546 $21,617
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