DOWNTOWN SANTA MONICA INC
AI Summary
DOWNTOWN SANTA MONICA INC is a nonprofit organization dedicated to urban development and community improvement in Santa Monica, California. With an operating budget of $9.6 million and total revenue of $9.5 million for the 2024 filing year, the organization focuses on enhancing the Third Street Promenade and surrounding areas through programs and services that benefit local merchants, property owners, customers, visitors, and residents. More information can be found on their website at www.downtownsm.com.
Mission Statement
PROMOTE THE THIRD STREET PROMENADE AND THE SURROUNDING AREAS IN SANTA MONICA, CALIFORNIA BY PROVIDING PROGRAMS, PROJECTS AND SERVICES THAT BENEFIT THE AREA MERCHANTS, PROPERTY OWNERS, CUSTOMERS, VISITORS AND RESIDENTS.
Cause Areas
2
Urban development
Community improvement
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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
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Frequently Asked Questions
What is DOWNTOWN SANTA MONICA INC’s budget?
In 2024, DOWNTOWN SANTA MONICA INC reported an annual operating budget of around $9.6 million. More detailed financial information is available to registered users.
What causes does DOWNTOWN SANTA MONICA INC support?
DOWNTOWN SANTA MONICA INC supports work in Urban development and Community improvement.
Where does DOWNTOWN SANTA MONICA INC operate?
DOWNTOWN SANTA MONICA INC is headquartered in Santa Monica, CA.
What is DOWNTOWN SANTA MONICA INC’s reliance on government grants?
DOWNTOWN SANTA MONICA INC relied on government grants for more than 85% of their total revenue in 2024.