Financial Information for Downtown Somerville Alliance

Downtown Somerville Alliance's annual revenue was $975K in tax year 2024, reported on their IRS Form 990. They spent $790K in total expenses. 94% went to programs and services.

Financial Breakdown

What is Downtown Somerville Alliance's total annual expenses?

Downtown Somerville Alliance spent $790K in tax year 2024, according to their IRS Form 990 filing.

How much of Downtown Somerville Alliance's budget goes to programs?

Downtown Somerville Alliance spent $739K (94% of expenses) on programs and services in tax year 2024.

How much does Downtown Somerville Alliance spend on overhead?

Downtown Somerville Alliance's overhead in tax year 2024 includes administrative (6%) and fundraising (0%) of their expenses.

What is Downtown Somerville Alliance's net worth?

Downtown Somerville Alliance had net assets of $3K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.