Washington · Nonprofit
Mount Vernon Downtown Association
Mount Vernon Downtown Association (Washington) receives grants from 3 organizations whose IRS filings report $32,433 to it, the largest being ARTSFUND ($22,500). 1 of them have funded it in more than one year.
- Revenue FY2024
- $342k
- Funders on record
- 3
- Grants received
- $32k
- Net assets
- $33k
What Mount Vernon Downtown Association does
Mission
The mission of the Mount Vernon Downtown Association is to cultivate a vibrant and prosperous downtown while honoring its historic character, to preserve and grow the place where community connection happens. Our vision is of a thriving historic downtown Mount Vernon, where all are welcome in the clean, safe, and appealing heart of commerce and culture; a place where the community comes together with pride.
As stated on its FY2024 Form 990.
Program
In 2023, the MVDA continued its ongoing work of supporting our community by providing opportunities for social connection and generating civic pride through a robust calendar of events in the district that we either solely produced or partnered in production. That calendar included 22 community events as well as our three-day Tulip Festival Street Fair, which brought an estimated 35 thousand visitors to our district in April. As the first outdoor event in our region during the calendar year, the Tulip Festival Street Fair provides a much-needed influx of tourism revenue for our businesses. All events except for two ticketed fundraising events were free and open to the public. We continued and further developed partnerships with other community organizations, such as the Mount Vernon Chamber of Commerce, Public Hospital District #1, the Mount Vernon School District, the City of Mount Vernon, the Economic Development Alliance of Skagit County, and the Center for Inclusive Entrepreneurship, and others. We continued our economic ecosystem development work through operating our small business incubator space, The Pop-Up Mount Vernon and our retail art gallery/gift shop, the LIDO…
$300,601 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $300,601.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $134k to $304k (+126%).
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.
Government-grant reliance: 2020 60% · 2021 72% · 2022 47% · 2023 41% · 2024 39%. Grants only. Government contracts and fees sit inside program revenue.
48% of Mount Vernon Downtown Association’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income rose $28 → $47.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Mount Vernon Downtown Association’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
Mount Vernon Downtown Association leans on a few funders — its largest provides 69% 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
100% 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 Mount Vernon Downtown Association.
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 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
100% of Mount Vernon Downtown Association's grant income comes from Washington funders.
Funder states come from each funder’s own filing. $175 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
Mount Vernon Downtown Association has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like Mount Vernon Downtown Association
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 Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Mount Vernon Downtown Association: 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.
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 Mount Vernon Downtown Association?
- Mount Vernon Downtown Association (Washington) receives grants from 3 organizations whose IRS filings report $32,433 to it, the largest being ARTSFUND ($22,500). 1 of them have funded it in more than one year.
- How many funders does Mount Vernon Downtown Association have?
- IRS filings report 3 organizations giving $32,433 in grants to Mount Vernon Downtown Association, 1 of which have funded it in more than one year.
- Who is the largest funder of Mount Vernon Downtown Association?
- ARTSFUND is the largest funder on record, with $22,500 in grants. The full list of funders is on this page.
- How can an organization like Mount Vernon Downtown Association find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 Mount Vernon Downtown Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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