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Nonprofit · EIN 46-3289690

MAIN STREET LEXINGTON

Tax-exempt · LEXINGTON, VA 24450

Financials

$161K$162K2023$484K$165K2024
Revenue Expenses · by fiscal year end
Financials of MAIN STREET LEXINGTON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$483,825$164,679$319,146$481,472$72,818$408,654
June 30, 2024990$161,200$162,463-$1,263$129,640$40,132$89,508
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$467,608
of which government grants
$156,400
Program service revenue
$16,217
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$82,513
Salaries, compensation and benefits (total)
$89,887
Professional fundraising fees
$0
Accounting fees
$5,561
Travel
$768
Program services (functional)
$128,493
Management and general (functional)
$27,071
Fundraising (functional)
$9,115

Balance sheet and other

Total assets, start of year
$129,640
Total assets, end of year
$481,472
Total liabilities, end of year
$72,818
Net assets, end of year
$408,654
Net assets without donor restrictions
$67,155
Net assets with donor restrictions
$341,499
Gross receipts
$483,825
Employees
4

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
REBECCA LOGANFORMER EXEC
Trustee or director, Officer
40$49,920
JEREMY FRANKLINEXECUTIVE DI
Trustee or director, Officer
40$23,024
HOLLY OSTBYFORMER PRESI
Trustee or director, Officer
3$0
LACEY MOOREBOARD MEMBER
Trustee or director
2$0
JOHN KIRKPATRICKBOARD MEMBER
Trustee or director
3$0
JARED COVINGTONBOARD MEMBER
Trustee or director
3$0
JEFF HUGHESBOARD MEMBER
Trustee or director
3$0
ADAM SANDRIDGETREASURER
Trustee or director, Officer
3$0
LOGAN DAVISBOARD MEMBER
Trustee or director
2$0
JENNIFER YOUNGBOARD MEMBER
Trustee or director
2$0
JOHN MORMANVICE PRESIDE
Trustee or director, Officer
3$0
DAVID FEINAUERPRESIDENT
Trustee or director, Officer
4$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
REBECCA LOGANEXECUTIVE DI
Trustee or director, Officer
40$64,080
HOLLY OSTBYPRESIDENT
Trustee or director, Officer
3$0
LACEY MOOREBOARD MEMBER
Trustee or director
1$0
JOHN KIRKPATRICKBOARD MEMBER
Trustee or director
3$0
JARED COVINGTONBOARD MEMBER
Trustee or director
3$0
JEFF HUGHESBOARD MEMBER
Trustee or director
4$0
ADAM SANDRIDGETREASURER
Trustee or director, Officer
1$0
LOGAN DAVISBOARD MEMBER
Trustee or director
1$0
JENNIFER YOUNGBOARD MEMBER
Trustee or director
1$0
JOHN MORMANBOARD MEMBER
Trustee or director
2$0
DAVID FEINAUERVICE PRESIDE
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
101 S MAIN ST, LEXINGTON, VA 24450-2315
In care of
% REBECCA LOGAN
Principal officer (990 for 2024)
DAVID FEINAUER
Signed the 990
JEREMY FRANKLIN, EXECUTIVE DIRECTOR
Phone
(540) 319-4181
Return prepared by
IMLER & IMLER CPAS PLC

Mission

TO INCREASE THE ECONOMIC PROSPERITY AND CULTURAL VITALITY OF OUR COMMUNITY, REESTABLISHING DOWNTOWN LEXINGTON AS THE VIBRANT ECONOMIC AND CULTUTAL NEXUS OF OUR AREA, WHILE MAINTAINING ITS UNIQUE CHARACTER

990 for the year ended June 30, 2025

Program accomplishments

  • PROMOTING AND REVITALIZING HISTORIC DOWNTOWN LEXINGTON VIRGINIA
    Expenses $128,493 · revenue $311,217

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-3289690
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$481,472
Income (IRS master file)
$483,825

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$483,825$164,679$481,472XML
990June 2024$161,200$162,463$129,640XML
990June 2023$178,734$167,559$159,260IRS
990June 2022$141,922$166,158$127,783IRS
990June 2021–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3289690).

Questions about MAIN STREET LEXINGTON

What is the EIN of MAIN STREET LEXINGTON?
The employer identification number (EIN) of MAIN STREET LEXINGTON is 46-3289690.
Is MAIN STREET LEXINGTON tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MAIN STREET LEXINGTON tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAIN STREET LEXINGTON file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAIN STREET LEXINGTON due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAIN STREET LEXINGTON last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MAIN STREET LEXINGTON?
The 990 for the year ended June 30, 2025 names DAVID FEINAUER.
Who are the officers and directors of MAIN STREET LEXINGTON?
The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $49,920 (REBECCA LOGAN, FORMER EXEC).
How much revenue does MAIN STREET LEXINGTON have?
On its 990 for the year ended June 30, 2025 it reported revenue of $483,825, expenses of $164,679 and total assets of $481,472 at year end.

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