CSCharityScored
27

Destination Downtown South Boston Inc

Arts & Culture · South Boston, Virginia

432 Main St, South Boston, VA 24592-3222

EIN: 861166760· Founded: Nov 2007· 19 years active· Filing Year: 2023

Annual Revenue

$341K

Total Expenses

$208K

Total Assets

$215K

Program Spending

20%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$116K

55.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$116K

56% of total expenses

Where the Money Goes

20%
Programs: 20%
Payroll: 56%
Other overhead: 80%
Program Revenue$42K (12%)
Total Expenses$208K (61%)
Payroll$116K (56%)
Overhead (non-program)80%

Trust Score Breakdown

Program Spending Ratio

20% of expenses go to programs

40%

Revenue & Stability

$341K annual revenue

15%

Executive Compensation

$116K total officer comp (55.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$215K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.