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Downtown Santa Monica INC

Public charity
Community Development · SANTA MONICA, CA · EIN 95-3938944
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About

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.

Donations are tax-deductible
Category
Community Development
Employees
13
Volunteers
—

Financial Snapshot

FY ending 2023-06-30
Revenue
$9.7M
Expenses
$9.2M
Assets
$6.4M
Liabilities
$2.6M

Financial history

$9.9M$5.0M$0
17181920212223
RevenueExpenses
Latest FY2023: $9.7M · Peak FY2020: $9.9M · Avg: $8.9M
DOWNTOWN SANTA MONICA INC
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Address

1351 3RD Street Promenade STE 201
Santa Monica, CA, 90401-132

Governance

Voting board members15
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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