Overview

Sign up for

Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Downtown ABQ Mainstreet Initiative is a nonprofit organization focused on urban development in Albuquerque, New Mexico. With an operating budget of $659.9K for the 2024 filing year, its mission is to enhance the economic, social, and creative vitality of downtown through community-driven projects and programs. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its initiatives. For more information, visit abqmainstreet.org.

Mission Statement

The DowntownABQ MainStreet Initiative is a community redevelopment organization. Our mission is to promote and support downtowns economic, social, and creative vitality through community-driven projects and programs. A revitalized and vibrant downtown is a symbol of community economic health, local quality of life, pride, and community identity.
Revenues
$659.1K
Expenses
$734.7K
Net Income:
-$75.6K
Assets
$144.5K
Liabilities
$49.8K
Net Assets:
+$94.6K
Operating Budget
$659.9K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
3
Median grant size
$20K
Largest grant received
$110K
B
Bethany Tabor
Board Member
M
Mario Semiglia
Board Member
J
Julia Youngs
Board Member

Frequently Asked Questions

What is Downtown ABQ Mainstreet Initiative’s budget?
In 2024, Downtown ABQ Mainstreet Initiative reported an annual operating budget of around $660 thousand. More detailed financial information is available to registered users.
What causes does Downtown ABQ Mainstreet Initiative support?
Downtown ABQ Mainstreet Initiative supports work in Urban development.
Where does Downtown ABQ Mainstreet Initiative operate?
Downtown ABQ Mainstreet Initiative is headquartered in Albuquerque, NM.
Who funded Downtown ABQ Mainstreet Initiative recently?
In 2024, Downtown ABQ Mainstreet Initiative received grants from FUTURE FOCUSED EDUCATION, ALBUQUERQUE CONVENTION & VISITORS BUREAU, and ALBUQUERQUE COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Downtown ABQ Mainstreet Initiative received in 2024?
The largest grant to Downtown ABQ Mainstreet Initiative in 2024 exceeds $110 thousand.
What is Downtown ABQ Mainstreet Initiative’s reliance on government grants?
Downtown ABQ Mainstreet Initiative relied on government grants for more than 50% of their total revenue in 2024.