Salem Arts Association Inc
Salem, Massachusetts
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$68K
Total Revenue
📊
$49K
Total Expenses
🏦
$52K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+47.6%
Year-over-year change (2022 → 2023)
Net Margin
+28.2%
Revenue minus expenses as % of revenue
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $68,034↑48% | $48,835↑35% | $51,607↑68% | |
| 2022 | $46,084↑54% | $36,274↓27% | $30,785↑47% | — |
| 2021 | $29,872↑69% | $49,731↑278% | $20,975↓30% | — |
| 2019 | $17,718↑31% | $13,142↑1% | $29,830↑15% | — |
| 2018 | $13,577↑152% | $12,993 | $25,978↓2% | — |
| 2017 | $5,385↓72% | $0↓100% | $26,394↑35% | — |
| 2016 | $19,152 | $13,892 | $19,606 | — |
Frequently Asked Questions
What does Salem Arts Association Inc do?▼
Salem Arts Association Inc is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A51 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Salem Arts Association Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Salem Arts Association Inc.
How much revenue does Salem Arts Association Inc generate?▼
Salem Arts Association Inc reports $83K in annual revenue and holds $73K in total assets, based on IRS filings.
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