NonprofitsMadison Street Festival Inc

Education

Madison Street Festival Inc

MADISON, AL

Total revenue

$68K

Total expenses

$39K

Net assets

$103K

Grants received

EIN

630863585

Tax year

2024

Mission

Madison Street Festival Inc. is a non-profit organization made up of community volunteers who plan and organize a one-day FREE, family-orientated event in the City of Madison, AL. We provide entertainment, craft vendors, artists, businesses, and food vendors. There is a parade, a children's area, a teen area, and other great exhibits. We provide grants to education-based programs from our event's net proceeds. These grants are awarded based on applications received each year. We are a sponsor of an event executed by the future leaders of Madison (high school students) and have also helped supply the school district with many hygiene/snack items for underprivileged students with our "Stuff the Bus" campaign at the 2024 event.

Programs

2 programs

Our grant program also offers grants to city and community organizations for education-based programs. 2024 grants were offered to Cure Diabetes, Inc.:Education in Motion $500.00; Huntsville Community Drumline:Free music and percussion instruction for all $2,000.00; Madison Renaissance Girls (FFL Team):Driving interest in STEAM with Madison Renaissance Girls $583.14; Girls on the Run North Alabama:Girls have power summer camp $750.00; Madison SLP's:Throat Scopes for SLP's $863.56

Expenses: $5KGrants: $5K

Financial sponsorship of the MadFest 24, an event similar to our event planned and executed by the upcoming leaders of our two local high schools.

Expenses: $1KGrants: $1K

Financials

FY 2024

Revenue

Contributions & grants$10K
Program service revenue
Investment income$112
Other revenue$58K
Total revenue$68K

Expenses

Grants paid$21K
Salaries & benefits
Fundraising
Other expenses$18K
Total expenses$39K
Total assets$103K
Net assets$103K

People

4 listed

NameRoleCompensation

Crystal McBrayer

President

Board

18 hrs/wk

Amber Keyes

Secretary

Board

2 hrs/wk

Kathy Morris

Treasurer

Board

10 hrs/wk

Michael McBrayer

Logistics Director

Board

6 hrs/wk

Details

EIN630863585
NTEE codeB12
Subsection03
Ruling date2022-07
Formed1990
Employees0
Volunteers43
MADISON STREET FESTIVAL INC — Mission, Financials & Grants Received | Grantivo