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Massachusetts · Nonprofit

LYNN MAIN STREETS INC

LYNN MAIN STREETS INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $20,938 to it, the largest being GALLERIES AT LYNNARTS INC ($14,023). 0 of them have funded it in more than one year.

Revenue FY2024
$173k
Funders on record
3
Grants received
$21k
Net assets
$168k
0/3 repeat funderspeak grant-dependency 85%
01What it does

What Lynn Main Streets Inc does

Mission

Lynn Main Streets harnesses the power of inclusive, multi-sector collaborations, the creative & performing arts, and a commitment to our small business community to promote a vibrant, welcoming downtown for all Lynn residents and visitors to enjoy.

As stated on its FY2024 Form 990-EZ.

Program

  1. Bring existing recommendations and plans for downtown into reality, LMS adopted the Main Street America project framework to focus on economic, vitality, design, promotion and organization strategies for underutilized historic downtowns.

    $73,138 spentof which $154,490 as grants
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $73,138.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($16k) Expenses 100 ($3k) Net assets 100 ($14k)2021 Revenue 684 ($113k) Expenses 1310 ($38k) Net assets 650 ($88k)2022 Revenue 251 ($41k) Expenses 2688 ($78k) Net assets 61 ($8k)2023 Revenue 1160 ($191k) Expenses 5005 ($145k) Net assets 398 ($54k)2024 Revenue 1047 ($173k) Expenses 2010 ($58k) Net assets 1240 ($168k)
20202021202220232024
Revenue (1047)Expenses (2010)Net assets (1240)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $54k to $168k (+211%).

$14k
$88k
$8k
$54k
$168k
20202021202220232024
Total assets

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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of LYNN MAIN STREETS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$14k
’20
$75k
’21
−$37k
’22
$46k
’23
$114k
’24
03Who funds it

Who funds it, year by year

2020 → 2022: the base held at 1 funder, grant income fell $14k → $1k.

From the IRS filings of LYNN 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

LYNN MAIN STREETS INC leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LYNN MAIN STREETS INC.

67%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 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

72% of LYNN MAIN STREETS INC's grant income comes from Massachusetts funders.

NY
MA

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

’20
’21
’22
Massachusetts 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

LYNN MAIN STREETS INC runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin66% · top quartile
Revenue growth (annualized)80% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Government funding LYNN MAIN STREETS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $45k on record.

State$45k
22
23
24
Top programs
  • (PP) STATE AID/POL SUB$45k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LYNN 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 Massachusetts

Nationally

05Profile & governance

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

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for LYNN 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.

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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 LYNN MAIN STREETS INC?
LYNN MAIN STREETS INC (Massachusetts) receives grants from 3 organizations whose IRS filings report $20,938 to it, the largest being GALLERIES AT LYNNARTS INC ($14,023). 0 of them have funded it in more than one year.
How many funders does LYNN MAIN STREETS INC have?
IRS filings report 3 organizations giving $20,938 in grants to LYNN MAIN STREETS INC.
Who is the largest funder of LYNN MAIN STREETS INC?
GALLERIES AT LYNNARTS INC is the largest funder on record, with $14,023 in grants. The full list of funders is on this page.
How can an organization like LYNN MAIN STREETS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lynn Main Streets →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3 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