Main Street Live Ltd
Main Street Live Ltd faces recurring deficits and high liabilities despite no officer compensation.
EIN: 202501698 · Trinidad, CO · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $152K |
| Program Spending | 70% |
| Net Assets | $-18,438 |
| Transparency Score | 65/100 |
Search Intent Cockpit
Main Street Live Ltd Form 990, Revenue, CEO Pay, and IRS Filing Signals
Main Street Live Ltd is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Main Street Live Ltd in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $115K and expenses of $152K.
Revenue and Expenses
Main Street Live Ltd reported $115K in revenue and $152K in expenses, a deficit of $36K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Main Street Live Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $106K (70%) |
Across stored filings, Main Street Live Ltd shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with International Midwife Assistance Inc | Colorado and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Trinidad, CO nonprofitsArts & Culture in Colorado
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Keep the Investigation Moving
Main Street Live Ltd directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Main Street Live Ltd
Main Street Live Ltd (EIN: 202501698) is a nonprofit organization based in Trinidad, CO, classified under NTEE code A65. The organization reported total revenue of $138K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Street Live Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Street Live Ltd is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $152K |
| Surplus / Deficit | $-36,456 |
| Total Assets | $97K |
| Total Liabilities | $116K |
| Net Assets | $-18,438 |
| Operating Margin | -31.6% |
| Debt-to-Asset Ratio | 119.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: C
In 2023, Main Street Live Ltd reported a deficit of $36K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 119.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Main Street Live Ltd's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.9% | +61.9% | -27.3% |
| 2022 | -29.7% | +81.3% | -12.6% |
| 2021 | +69.7% | +7.4% | +38.2% |
| 2020 | -69.2% | -78.2% | +773.3% |
| 2019 | +4.0% | +2.7% | +100.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Main Street Live Ltd with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Main Street Live Ltd allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 119.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is a positive sign for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Main Street Live Ltd's IRS 990 filings:
- Recurring deficits (e.g., 2023: $115,395 revenue vs. $151,851 expenses; 2022: $74,488 revenue vs. $93,780 expenses)
- Liabilities exceeding assets in recent years (e.g., 2023: $115,578 liabilities vs. $97,140 assets)
- Significant fluctuation in assets over time, indicating potential instability or inconsistent financial management.
Strengths
The following positive indicators were identified for Main Street Live Ltd:
- Consistent reporting of 0% officer compensation across all filings, indicating low executive overhead.
- Regular IRS 990 filings (13 filings available), demonstrating transparency in reporting.
- Periods of strong financial surplus (e.g., 2021: $106,017 revenue vs. $51,736 expenses).
Frequently Asked Questions about Main Street Live Ltd
Is Main Street Live Ltd a legitimate charity?
Main Street Live Ltd (EIN: 202501698) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $138K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Main Street Live Ltd spend its money?
Main Street Live Ltd directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Main Street Live Ltd tax-deductible?
Main Street Live Ltd is registered as a tax-exempt nonprofit (EIN: 202501698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Main Street Live Ltd's spending goes to programs?
Main Street Live Ltd directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Main Street Live Ltd compare to similar nonprofits?
With a transparency score of 65/100 (Good), Main Street Live Ltd is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Main Street Live Ltd located?
Main Street Live Ltd is headquartered in Trinidad, Colorado and files with the IRS under EIN 202501698. It is classified under NTEE code A65.
How many years of IRS 990 filings does Main Street Live Ltd have?
Main Street Live Ltd has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $138K in total revenue.
Is Main Street Live Ltd financially stable?
Main Street Live Ltd has shown inconsistent financial stability. In 2023, expenses ($151,851) exceeded revenue ($115,395), and liabilities ($115,578) were higher than assets ($97,140), suggesting potential instability. Similar deficits were observed in 2022 and 2019.
How does Main Street Live Ltd manage its leadership compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating that its officers are not directly compensated or are compensated through other means not categorized as officer compensation.
What is the trend in Main Street Live Ltd's assets and liabilities?
Assets have fluctuated significantly, peaking at $152,888 in 2021 and decreasing to $97,140 by 2023. Liabilities have remained substantial, at $115,578 in 2023, and have exceeded assets in recent years, such as in 2023.
Filing History
IRS 990 filing history for Main Street Live Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Main Street Live Ltd's revenue has grown by 9.6%, moving from $105K to $115K. Total assets increased by 60.9% over the same period, from $60K to $97K. Total functional expenses rose by 153%, from $60K to $152K. In its most recent filing year (2023), Main Street Live Ltd reported a deficit of $36K, with expenses exceeding revenue. The organization holds $116K in liabilities against $97K in assets (debt-to-asset ratio: 119.0%), resulting in net assets of $-18,438.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $152K | $97K | $116K | — | — |
| 2022 | $74K | $94K | $134K | $116K | — | View 990 |
| 2021 | $106K | $52K | $153K | $116K | — | View 990 |
| 2020 | $62K | $48K | $111K | $128K | — | View 990 |
| 2019 | $203K | $221K | $13K | $44K | — | View 990 |
| 2018 | $195K | $215K | $6K | $20K | — | View 990 |
| 2017 | $183K | $196K | $8K | $2K | — | View 990 |
| 2016 | $224K | $181K | $20K | $348 | — | View 990 |
| 2015 | $180K | $199K | $26K | $49K | — | View 990 |
| 2014 | $166K | $172K | $38K | $41K | — | View 990 |
| 2013 | $139K | $168K | $24K | $19K | — | View 990 |
| 2012 | $147K | $173K | $34K | $319 | — | View 990 |
| 2011 | $105K | $60K | $60K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $152K, and assets of $97K (revenue +54.9% year-over-year).
- 2022: Revenue of $74K, expenses of $94K, and assets of $134K (revenue -29.7% year-over-year).
- 2021: Revenue of $106K, expenses of $52K, and assets of $153K (revenue +69.7% year-over-year).
- 2020: Revenue of $62K, expenses of $48K, and assets of $111K (revenue -69.2% year-over-year).
- 2019: Revenue of $203K, expenses of $221K, and assets of $13K (revenue +4.0% year-over-year).
- 2018: Revenue of $195K, expenses of $215K, and assets of $6K (revenue +6.7% year-over-year).
- 2017: Revenue of $183K, expenses of $196K, and assets of $8K (revenue -18.1% year-over-year).
- 2016: Revenue of $224K, expenses of $181K, and assets of $20K (revenue +24.3% year-over-year).
- 2015: Revenue of $180K, expenses of $199K, and assets of $26K (revenue +8.5% year-over-year).
- 2014: Revenue of $166K, expenses of $172K, and assets of $38K (revenue +19.2% year-over-year).
- 2013: Revenue of $139K, expenses of $168K, and assets of $24K (revenue -5.3% year-over-year).
- 2012: Revenue of $147K, expenses of $173K, and assets of $34K (revenue +39.5% year-over-year).
- 2011: Revenue of $105K, expenses of $60K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Street Live Ltd:
Data Sources and Methodology
This transparency report for Main Street Live Ltd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.