A โ€” Arts, Culture & HumanitiesEIN: 043568130ยท Ruling Year: 2016

Salem Main Street Initiative- Downtown Program

Salem, Massachusetts

BHealth Score
55B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

๐Ÿ’ฐ
$240K
Total Revenue
๐Ÿ“Š
$224K
Total Expenses
๐Ÿฆ
$3K
Net Assets
๐Ÿ“‹
$19K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+37.8%
Year-over-year change (2021 โ†’ 2022)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
85.5%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2022$239,926โ†‘38%$223,965โ†‘28%$22,581โ†“61%
2021$174,110โ†‘62%$174,306โ†‘46%$57,322โ†‘133%
2020$107,662โ†“23%$119,218โ†“10%$24,624โ†‘30%
2019$139,171โ†‘25%$132,027โ†‘13%$18,960โ†‘88%
2018$111,638โ†‘2%$117,195โ†“5%$10,080โ†‘109%
2017$109,635โ†“3%$123,213โ†‘17%$4,820โ†“50%
2016$112,784$105,299$9,697

Frequently Asked Questions

What does Salem Main Street Initiative- Downtown Program do?โ–ผ

Salem Main Street Initiative- Downtown Program is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Salem Main Street Initiative- Downtown Program financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Salem Main Street Initiative- Downtown Program.

How much revenue does Salem Main Street Initiative- Downtown Program generate?โ–ผ

Salem Main Street Initiative- Downtown Program reports $239K in annual revenue and holds $50K in total assets, based on IRS filings.

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Salem Main Street Initiative- Downtown Program โ€” Salem, MA | GiveScope