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Massachusetts · Nonprofit

SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM

SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM (Massachusetts) receives grants from 1 organization whose IRS filings report $1,500 to it, the largest being EASTERN BANK FOUNDATION ($1,500). 0 of them have funded it in more than one year.

Revenue FY2025
$239k
Funders on record
1
Grants received
$2k
Net assets
$47k
0/1 repeat funderspeak grant-dependency 1%
01What it does

What Salem Main Street Initiative Downtown Program does

Mission

The continued revitalization of downtown salem as a vibrant, year-round, retail, dining and cultural destination through business retention, recruitment, and the promotion of downtown district.

As stated on its FY2025 Form 990.

Program

  1. The continued revitalization of downtown salem as a vibrant, year-round, retail, dining and cultural destination through business retention, recruitment, and the promotion of downtown district which is done throughout the year by various themed events.

    $98,848 spent$143,495 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $98,848.

02The organization over time

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.

100 = 20172017 Revenue 100 ($110k) Expenses 100 ($123k) Net assets -337 ($-10991)2018 Revenue 102 ($112k) Expenses 95 ($117k) Net assets -507 ($-16548)2019 Revenue 127 ($139k) Expenses 107 ($132k) Net assets -288 ($-9404)2020 Revenue 98 ($108k) Expenses 97 ($119k) Net assets -642 ($-20960)2021 Revenue 159 ($174k) Expenses 141 ($174k) Net assets -648 ($-21156)2022 Revenue 219 ($240k) Expenses 182 ($224k) Net assets 100 ($3k)2023 Revenue 267 ($293k) Expenses 214 ($263k) Net assets 1003 ($33k)2024 Revenue 201 ($221k) Expenses 175 ($216k) Net assets 1157 ($38k)2025 Revenue 218 ($239k) Expenses 190 ($234k) Net assets 1431 ($47k)
'17'18'19'20'21'22'23'24'25
Revenue (218)Expenses (190)Net assets (1431)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $57k to $23k (−61%).

$5k
$10k
$19k
$25k
$57k
$23k
$39k
$42k
$50k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 32% · 2018 31% · 2019 30% · 2020 24% · 2021 31% · 2022 27% · 2023 31% · 2024 28% · 2025 34%. Grants only. Government contracts and fees sit inside program revenue.

42% of SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$14k
’17
−$6k
’18
$7k
’19
−$12k
’20
−$196
’21
$16k
’22
$29k
’23
$5k
’24
$4k
’25
2.2
months of
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.

'17'18'19'20'21'22'23'24'25
Listed999891113139
Joined·+0+5+0+3+2+11+0+0
No longer listed·05120904
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM’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.

Where its funders are

100% of SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM's grant income comes from Massachusetts funders.

MA

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

SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM has grown faster than half of the 11,634 arts & culture nonprofits its size.

Operating margin2% · below the median
Months of reserve2.2mo · bottom quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Government funding SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3k on record.

Federal$3k
grants $3kcontracts $0
Top agencies
  • Department of Agriculture$3k

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 SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM

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.

Where the money goes

45% of spending goes to programs.

Program 45%Management 55%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

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 SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM?
SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM (Massachusetts) receives grants from 1 organization whose IRS filings report $1,500 to it, the largest being EASTERN BANK FOUNDATION ($1,500). 0 of them have funded it in more than one year.
How many funders does SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM have?
IRS filings report 1 organization giving $1,500 in grants to SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM.
Who is the largest funder of SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM?
EASTERN BANK FOUNDATION is the largest funder on record, with $1,500 in grants. The full list of funders is on this page.
How can an organization like SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM 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 Salem Main Street Initiative Downtown Program →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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