Main Street Mcminnville Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The exempt purpose of Main Street McMinnville, Inc. is to protect and enhance McMinnville's historically and culturally significant downtown commercial area by actively promoting preservation, rehab and adaptive reuse of historical buildings in the traditional business district through providing technical assistance, education, and special promotional events.
- Income
- $309,313
- Spending
- $314,777
- Spent on programs
- 90%
- Reserves
- 3.7 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 1
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 48% of charities in its peer group (community improvement, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.7 months of spending.
Debt
16 of 20It owes 19% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
15 of 15Income rose 146% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 28 out of 100. Higher than 4% of charities in its peer group (community improvement, $250k to $1m).
Independent board
5 of 250 of 16 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $281,583 spent. Main Street McMinnville Statement of Program Service Accomplishments July 1, 2024 - June 30, 2025During the last fiscal year from July 1, 2024 to June 30, 2025, Main Street McMinnville continued as a certified member of the National Main Street organization to offer benefits to the community of Warren County, visitors and the businesses that reside on Main Street within the Historic District. Main Street McMinnville operates with a Board of Directors with the following National Main Street Four Point organization: 1. Design Committee - Assistance with Historic District guideline implementation for design and restoration, Web site viewing of properties for rent and for sale within the district, repair and replace windows in historic building through a grant; 2. Promotion Committee - Sponsored multiple community events, such as Main street Live, an eight week event in the summer that offers free community concerts each Friday night with an average attendance above 700 people, Christmas downtown event, support to other community events such as the Autumn Street Fair, Highland Rim Cycling Event, Fourth of July Celebration, Christmas Parade, and others;3. Organization Committee - membership drives, fundraisers, educational opportunities for business owners, production of a newsletter sent to members;4. Economic Restructuring Committee - continued to offer a tax abatement program to business and building owners but there were none implemented during this period.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.