MADISON STREET FESTIVAL INC

EIN: 630863585 501(c)(3) Education

Madison, AL

Total Revenue
$41,594
Total Expenses
$79,018
Total Assets
$65,381
Net Assets
$65,381
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
AL
Principal Officer
Crystal McBrayer
Phone
3099455999
Tax Period
2025-01-01 to 2025-12-31

MADISON STREET FESTIVAL INC, founded in 1990, is a micro nonprofit in the Education sector that reported $42K in total revenue in fiscal year 2025. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $79K exceeded revenue, resulting in a 90% operating deficit.

Mission

Madison Street Festival Inc. is a non-profit organization made up of community volunteers who plan and organize a FREE one-day event held in the City of Madison. This event is family-orientated and promotes businesses and organizations. We provide entertainment, craft vendors, artists, businesses, and food vendors. There is a parade, children's area, teen area, and a few other special exhibits. We are a true family event. Program support includes grants to educational-based organizations within our community. These grants are awarded based on applications each year. We have also served as a financial sponsor for our Madison high school leaders in planning and executing an event similar to ours. We work with the City of Madison school district to provide needed items in a "Stuff the Bus" campaign and we have worked with the downtown area in a few extra events providing crafts for children.

Program Service Accomplishments

Program 1
Expenses: $26,950 Revenue: $0

In 2025 we awarded grants from our 2024 and 2025 festivals. Our grants to the Madison County Schools totaled $26,950. The breakdown of those programs are as follows: Bob Jones High 420.00 Columbia...

Read more

In 2025 we awarded grants from our 2024 and 2025 festivals. Our grants to the Madison County Schools totaled $26,950. The breakdown of those programs are as follows: Bob Jones High 420.00 Columbia Elementary 1,500.00, Creekside Primary School 425.00, Discovery Middle School SLC 2,000.00, Journey Middle School Greenpower Racing Team 4,775.00, Horizon Elementary 300.00, Horizon Elementary School Bucket Drumming Club 750.00, James Clemens Winter Guard 500.00, Madison Elementary School 2nd Grade Team 500.00, Rainbow Elementary 780.00, Bob Jones High School Air Force JROTC 500.00, Madison Elementary 300.00, Columbia Elementary Music Dept 350.00, Columbia Elementary School Drama Club 1,000.00, Rainbow Elementary School SPED Classroom 500.00, Harvest Elementary 2,000.00, New Hope Elementary Pre K Blended Classroom 2,500.00, Horizon Elementary 500.00, New Market School 1,000.00, Discovery Middle School 350.00, Sparkman Middle School 2,500.00, Buckhorn Middle School 500.00, Monrovia Middle School 650.00, Buckhorn High School 850.00, The University of Alabama in Huntsville 1,500.00.

Program 2
Expenses: $28,050 Revenue: $0

Our grant program also offers grants to city and community organizations for education-based programs. 2024 & 2025 grants were offered to Child Evangelism Fellowship of N Alabama 500.00, Kids to Love...

Read more

Our grant program also offers grants to city and community organizations for education-based programs. 2024 & 2025 grants were offered to Child Evangelism Fellowship of N Alabama 500.00, Kids to Love 2,000.00, Liberty Learning Foundation 1,000.00, Make A Way Foundation 3,500.00, Rocket City Learning Collective 550.00, Rotary Club of Madison Foundation 1,500.00, The Caring Link 1,500.00, Whirly Girl Ink, Inc 2,000.00, Whirly Girl Ink, Inc 1,500.00, The Caring Link 2,000.00, Disability Resource Network 500.00, Critical Hit Robotics 2,000.00, STEAM Room 2,500.00, Cure Diabetes, Inc. 2,500.00, Kids to Love 2,000.00, Passionate Percussion, Inc 2,500.00.

Program 3
Expenses: $4,199 Revenue: $0

Financial sponsorship of the MadFest 25, an event similar to our event planned and executed by the upcoming leaders of our two local high schools. Other community events providing support and tents...

Read more

Financial sponsorship of the MadFest 25, an event similar to our event planned and executed by the upcoming leaders of our two local high schools. Other community events providing support and tents with children activies were also part or our outreach program this year. Events like, Stuff the Bus, Third Thursdays Main Street Madison, and Polar Express.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $10,400
Program Service Revenue $0
Investment Income $527
Other Revenue $30,667
TOTAL REVENUE $41,594

Expense Breakdown

Grants Paid $59,199
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,199
Other Expenses $19,819
TOTAL EXPENSES $79,018

Year-over-Year Comparison

2025 2024 Change
Revenue $41,594 $68,420 -0.4%
Expenses $79,018 $39,206 +1.0%
Net Income $-37,424 $29,214 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
42
Independent Members
N/A
Employees
N/A
Volunteers
42

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Crystal McBrayer President 17
Director
$0 $0 $0
Megan Moore Secretary 2.5
Director
$0 $0 $0
Kathy Morris Treasurer 12
Director
$0 $0 $0
Michael McBrayer Logistics Director 7
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 $41,594 $79,018 $65,381 $-37,424
2024 $68,420 $39,206 $102,805 $29,214
2023 $68,494 $29,264 $73,591 $39,230
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MADISON STREET FESTIVAL INC with other nonprofits in Alabama and across the country.