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West Virginia · Nonprofit

CHARLESTON MAIN STREETS INC

CHARLESTON MAIN STREETS INC (West Virginia) receives grants from 5 organizations whose IRS filings report $347,195 to it, the largest being THE MCGEE FOUNDATION ($170,245). 2 of them have funded it in more than one year.

Revenue FY2025
$251k
Funders on record
5
Grants received
$347k
Net assets
$58k
2/5 repeat funderspeak grant-dependency 90%
01What it does

What Charleston Main Streets Inc does

Mission

Charleston urban works will grow vibrant commercial districts, serving as the main vessel through the city's urban core, that fosters an environment for economic growth and the strongest business districts in west virginia. Charleston urban works will enhance our public spaces, nuture our communities and celebrate a destination and its people. Through collaboration, innovation and bold ideas cuw will redefine the urban appalachian experience for those who have chose charleston - as residents, business owners and visitors.

As stated on its FY2025 Form 990.

Programs

  1. Foam at the dome is live music, artisian, craft beer, and small business showcase event that draw a collective 5,000+ people to the east end.

    $34,582 spent$45,781 earned by the program
    19% of program spending
  2. Oktoberwest is live music, artisian, craft beer, and small business showcase event that draw a collective 5,000+people to the west side.

    $45,341 spent$78,479 earned by the program
    24% of program spending
  3. East end pub crawl is a business district celebration.

    $7,242 spent$11,515 earned by the program
    4% of program spending
  4. Other program services, not described on the e-filed return.

    $99,755 spent$1,079 earned by the program
    53% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $186,920.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($345k) Expenses 100 ($432k) Net assets 100 ($28k)2018 Revenue 78 ($268k) Expenses 64 ($278k) Net assets 66 ($18k)2019 Revenue 91 ($315k) Expenses 84 ($365k) Net assets -114 ($-31568)2020 Revenue 73 ($250k) Expenses 60 ($261k) Net assets -152 ($-42105)2021 Revenue 60 ($208k) Expenses 45 ($195k) Net assets -138 ($-38318)2022 Revenue 122 ($421k) Expenses 80 ($345k) Net assets 132 ($37k)2023 Revenue 72 ($248k) Expenses 65 ($279k) Net assets 20 ($6k)2024 Revenue 114 ($392k) Expenses 85 ($366k) Net assets 97 ($27k)2025 Revenue 73 ($251k) Expenses 51 ($220k) Net assets 208 ($58k)
'17'18'19'20'21'22'23'24'25
Revenue (73)Expenses (51)Net assets (208)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $82k to $405k (+395%).

$73k
$103k
$76k
$87k
$82k
$405k
$468k
$430k
$450k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 52% · 2018 40% · 2019 27% · 2020 31% · 2021 52% · 2022 18% · 2023 30% · 2024 19% · 2025 35%. Grants only. Government contracts and fees sit inside program revenue.

45% of CHARLESTON MAIN STREETS INC’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$87k
’17
−$9k
’18
−$50k
’19
−$11k
’20
$13k
’21
$76k
’22
−$31k
’23
$26k
’24
$31k
’25
20
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ric Cavender

Executive director

Board chair

Rob Thomas

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24'25
Listed151615141312212018
Joined·+4+15+2+1+0+14+0+0
No longer listed·316321512
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income held at $14k.

From the IRS filings of CHARLESTON MAIN STREETS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CHARLESTON MAIN STREETS INC leans on a few funders — its largest provides 49% of grant income and the top three 84%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

49%
largest funder
84%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2021 91% · 2022 47% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

69% of CHARLESTON MAIN STREETS INC's grant income comes from West Virginia funders.

WV
DE
FL

In-state vs out-of-state, by year

’20
’21
’22
’23
West Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CHARLESTON MAIN STREETS INC holds deeper cash reserves than three-quarters of the 16,849 education nonprofits its size.

Operating margin12% · above the median
Months of reserve19.6mo · top quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like CHARLESTON MAIN STREETS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In West Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

21
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

91%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WV

Screen this organization

A dated, signed PDF of the compliance screen for CHARLESTON MAIN STREETS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CHARLESTON MAIN STREETS INC?
CHARLESTON MAIN STREETS INC (West Virginia) receives grants from 5 organizations whose IRS filings report $347,195 to it, the largest being THE MCGEE FOUNDATION ($170,245). 2 of them have funded it in more than one year.
How many funders does CHARLESTON MAIN STREETS INC have?
IRS filings report 5 organizations giving $347,195 in grants to CHARLESTON MAIN STREETS INC, 2 of which have funded it in more than one year.
Who is the largest funder of CHARLESTON MAIN STREETS INC?
THE MCGEE FOUNDATION is the largest funder on record, with $170,245 in grants. The full list of funders is on this page.
How can an organization like CHARLESTON MAIN STREETS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing