Discover Downtown Franklin Inc

“Generally, the form 990 is reviewed and discussed with the executive director of the not for profit and then the executive director distributes and discusses with the board of the organization.”

“Compensation is provided by a non related third party consultant for comparative purposes to the industry and the board then approves the final compensation awarded.”

“Compensation is provided by a non related third party consultant for comparative purposes to the industry and the board then approves the final compensation awarded.”

“The organization makes all governing documents, policies and financial information avaiable to the public per request.”

“One new program inititated by the organization this year is first fridays. It is a monthly late-night shopping event with free live music, prizes, and themes to stimulate the local economy and promote businesses. Revenue $5,318 expenses $10,993 and approx 10 volunteers”

“Other program expenses: farmers market: $3,949, first fridays: $10,993, ethos celebration of the arts: $7,442, holiday lighting: $31,029 holiday open house: $811, hops and vines: $31,331, love local: $1,686 strawberries on the square:$13,257, total eclipse cookout: $3,535 vintage festival: $3,373, winter market: $3,804”

“Program revenue and expenses include: ethos celebration: expenses $7,442 rev $21,464 approx 20 volunteers, farmers market: expenses $3,949 rev $29,140 approx 50 volunteers,vintage festival: expenses $3,373 rev $12,465 approx 10 volunteers, winter market: expenses $3,804 rev $10,161 approx 15 volunteers, love local: expenses $1,686 rev $800 approx 10 volunteers, design: expenses $0 rev $900 approx 6 volunteers, holiday open house: expenses $811 rev $1,125 approx 2 volunteers, total eclipse cookout: expenses $3,535 rev $9,010 approx 15 volunteers, first fridays: expenses $10,993 rev $5,318 approx 10 volunteers, program payroll 62,875 program advertising 33,371”