Pro Portsmouth Inc
- Assets
- $83.6k
- Revenue
- $182.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Portsmouth, NH
- Founding
- 01/1979
- Data as of
- 08/2022
- EIN
- 02-0341731
Organization Overview
Pro Portsmouth Inc is located in Portsmouth, NH. The organization was established in 1979. According to its NTEE Classification (A27) the organization is classified as: Community Celebrations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Pro Portsmouth Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pro Portsmouth Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Pro Portsmouth Inc generated $182.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $180.2k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CELEBRATE AND SUSTAIN THE VITALITY OF PORTSMOUTH'S ARTS, CULTURE AND HISTORY THROUGH EVENTS AND COMMUNITY COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKET SQUARE DAY, HELD ON THE SECOND SATURDAY IN JUNE EACH YEAR, WAS FIRST CELEBRATED IN 1978. 42ND ANNUAL MARKET SQUARE DAY - CREATED TO MARK THE RENOVATION AND BEAUTIFICATION OF DOWNTOWN PORTSMOUTH - AND IN PARTICULAR MARKET SQUARE - THE FESTIVAL CONTINUES TO GROW IN POPULARITY AND IS OFTEN REFERRED TO AS THE UNOFFICIAL START OF SUMMER ON THE SEACOAST, ENTICING AN ESTIMATED 50,000 TO ENJOY THIS DESTINATION FESTIVAL IN DOWNTOWN PORTSMOUTH. THE EVENT FEATURES REGIONAL ARTISTS, MUSIC AND DANCE, THE HISTORY OF THE CITY AND THE MEMBERS OF THE BUSINESS COMMUNITY. THE DOWNTOWN AREA IS TRANSFORMED INTO A PEDESTRIAN-FRIENDLY SPACE AS STREETS ARE CLOSED FROM 9:00AM THROUGH 4:00PM. EACH YEAR, THE 10K ROAD RACE GETS THE MARKET SQUARE DAY CELEBRATION OFF ON THE RIGHT FOOT. WITH A STARTING LINE IN THE HEART OF DOWNTOWN PORTSMOUTH, THE RACE TYPICALLY DRAWS 1,500 RUNNERS WHO WIND THEIR WAY THROUGH THE STREETS OF PORTSMOUTH ENDING WITH THE FINISH LINE AT HISTORIC STRAWBERY BANKE.
FIRST NIGHT PORTSMOUTH - SINCE 1986, PORTSMOUTH HAS COME ALIVE ON NEW YEAR'S EVE WITH AN ANNUAL CELEBRATION KNOWN AS FIRST NIGHT PORTSMOUTH.FIRST NIGHT PORTSMOUTH AFFORDS OUR COMMUNITY THE OPPORTUNITY TO COME TOGETHER AS ONE, REFLECTING ON THE YEAR THAT HAS PASSED AND LOOKING FORWARD WITH HOPE AND GREAT ANTICIPATION TO THE YEAR AHEAD.
CHILDREN'S DAY - WHO SAYS CHILDREN AREN'T IN CHARGE? EACH YEAR ON THE FIRST SUNDAY OF MAY, DOWNTOWN PORTSMOUTH BECOMES HEADQUARTERS FOR CHILDREN OF ALL AGES WITH THE CELEBRATION OF CHILDREN'S DAY. AN ESTIMATED 5,000+ "CHILDREN" VISIT PORTSMOUTH TO TAKE PART IN AN AFTERNOON OF FUN ON THE SEACOAST.THIS FESTIVAL COMBINES FAMILY-FRIENDLY ACTIVITIES, ENTERTAINMENT AND USUALLY, AN ICE CREAM SUNDAE - ALL SPONSORED, HOSTED AND SUPPORTED BY THE DOWNTOWN MERCHANTS, AREA COMPANIES, CIVIC ORGANIZATIONS AND VOLUNTEERS OF THE SEACOAST. FROM A CRUISE ABOARD THE M/V THOMAS LAIGHTON TO A HOOLA-HOOP CONTEST, THE DAY IS FILLED WITH SOMETHING FOR EVERYONE.
'SUMMER IN THE STREET' IS THE RESULT OF AN INITIATIVE TO IDENTIFY/CREATE PEDESTRIAN-FRIENDLY AREAS DOWNTOWN WHERE MUSICIANS, DANCE AND THEATRE COMPANIES CAN ENTERTAIN FOLKS IN THE HEART OF THE CITY. ACTIVITIES HOSTED IN PARTNERSHIP WITH OTHER NON-PROFITS ARE PART OF THE MISSION OF OUR 'STREET' SESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antje Bourdages Director | Trustee | 2 | $0 |
Deb Dupont Secretary | Trustee | 2 | $0 |
Molly Doyle Director | Trustee | 2 | $0 |
Kristina Powell Director | Trustee | 2 | $0 |
Jim Heinz Director | Trustee | 2 | $0 |
Mark Lombardi Presidemt | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,284 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,284 |
| Total Program Service Revenue | $117,618 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $579 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,490 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,481 |
| Compensation of current officers, directors, key employees. | $14,281 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,782 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,783 |
| Payroll taxes | $6,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $724 |
| Office expenses | $1,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,479 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,337 |
| All other expenses | $10,651 |
| Total functional expenses | $180,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,114 |
| Savings and temporary cash investments | $472 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,586 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $107,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $107,900 |
| Net assets without donor restrictions | -$24,314 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $83,586 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pro Portsmouth Inc has recieved totaling $16.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pro Portsmouth Inc Portsmouth, NH | $83,586 | $182,490 |
Farms Prides 4th Of July Committee Inc Beverly Farms, MA | $98,064 | $0 |
Dover400 Dover, NH | $223,567 | $248,929 |
Shrewsbury Street Columbus Day Parade Inc Worcester, MA | $12,542 | $0 |
First Night Worcester Inc Worcester, MA | $8,669 | $0 |