S โ€” Community Improvement & Capacity BuildingEIN: 043430140ยท Ruling Year: 1999

Salem Office Of Tourism & Cultural Affairs Inc

Salem, Massachusetts

B+Health Score
67B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

๐Ÿ’ฐ
$984K
Total Revenue
๐Ÿ“Š
$1.1M
Total Expenses
๐Ÿฆ
$498K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-10.5%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$983,890โ†“1%$1,086,863โ†‘54%$497,757โ†“30%
2022$991,960โ†‘77%$707,674โ†‘32%$706,312โ†‘54%
2021$560,454โ†‘9%$534,901โ†“5%$459,346โ†‘38%
2020$516,535โ†“18%$565,630โ†“6%$332,412โ†“2%
2019$627,775โ†‘8%$600,325โ†‘11%$339,986โ†‘9%
2018$581,496โ†‘7%$542,649โ†‘6%$312,536โ†‘14%
2017$544,561โ†“9%$513,460โ†‘3%$273,689โ†‘13%
2016$597,833โ†‘21%$496,933โ†“1%$242,588โ†‘71%
2015$493,792โ†“7%$502,300โ†“7%$141,688โ†“6%
2014$533,262โ†‘1%$541,816โ†“3%$150,196โ†“5%
2013$526,506โ†‘5%$556,417โ†‘20%$158,750โ†“16%
2012$502,025โ†‘6%$463,100โ†‘2%$188,661โ†‘26%
2011$472,675$453,434$149,736

Frequently Asked Questions

What does Salem Office Of Tourism & Cultural Affairs Inc do?โ–ผ

Salem Office Of Tourism & Cultural Affairs Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Salem Office Of Tourism & Cultural Affairs Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Salem Office Of Tourism & Cultural Affairs Inc.

How much revenue does Salem Office Of Tourism & Cultural Affairs Inc generate?โ–ผ

Salem Office Of Tourism & Cultural Affairs Inc reports $1.2M in annual revenue and holds $626K in total assets, based on IRS filings.

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Salem Office Of Tourism & Cultural Affairs Inc โ€” Salem, MA | GiveScope