59
Salem Office Of Tourism & Cultural Affairs Inc
Community Development · Salem, Massachusetts
245 Derby St, Salem, MA 01970-3632
EIN: 043430140· Founded: Oct 1999· 27 years active· Filing Year: 2023
Annual Revenue
$984K
Total Expenses
$1.1M
Total Assets
$498K
Program Spending
50%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$91K
8.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$166K
Total Payroll
$257K
24% of total expenses
Where the Money Goes
50%
Programs: 50%
Payroll: 24%
Other overhead: 50%
Program Revenue$545K (55%)
Total Expenses$1.1M (100%)
Payroll$257K (24%)
Overhead (non-program)50%
Trust Score Breakdown
Program Spending Ratio
50% of expenses go to programs
Revenue & Stability
$984K annual revenue
Executive Compensation
$91K total officer comp (8.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$498K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.