PRO PORTSMOUTH INC

EIN: 020341731 501(c)(3)

PORTSMOUTH, NH

Total Revenue
$160,374
Total Expenses
$173,366
Total Assets
$16,773
Net Assets
$-91,227
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NH
Principal Officer
MARK LOMBARDI
Phone
6034334398
Tax Period
2024-09-01 to 2025-08-31

PRO PORTSMOUTH INC, founded in 1978, is a small nonprofit that reported $160K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PRO PORTSMOUTH, INC. IS A NON-PROFIT ORGANIZATION DEDICATED TO CELEBRATING AND SUSTAINING THE VITALITY OF PORTSMOUTH'S ARTS, CULTURE AND HISTORY THROUGH EVENTS AND COMMUNITY COLLABORATION.

Program Service Accomplishments

Program 1
Expenses: $54,526 Revenue: $108,761

MARKET SQUARE DAY, TRADITIONALLY HELD ON THE SECOND SATURDAY IN JUNE EACH YEAR, WAS FIRST CELEBRATED IN 1978. CREATED TO MARK THE RENOVATION AND BEAUTIFICATION OF DOWNTOWN PORTSMOUTH AND IN...

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MARKET SQUARE DAY, TRADITIONALLY HELD ON THE SECOND SATURDAY IN JUNE EACH YEAR, WAS FIRST CELEBRATED IN 1978. 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. ENTERTAINMENT STAGES, CRAFTSPEOPLE, BUSINESSES AND FOOD VENDORS GREET THE THOUSANDS OF SEACOAST RESIDENTS AND VISITORS TO THE AREA.THE DAY BEGINS WITH THE MARKET SQUARE DAY 10K ROAD RACE, WHICH WINDS ITS WAY THROUGH THE STREETS OF PORTSMOUTH. PRO PORTSMOUTH, INC. HAS PRODUCED THE FESTIVAL FOR 48 YEARS AND LIKE THE EVENT ITSELF, CELEBRATES THEIR ANNIVERSARY EACH YEAR ON THIS MOST FESTIVE OF OCCASIONS.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 1,000 RUNNERS WHO WIND THEIR WAY THROUGH THE STREETS OF PORTSMOUTH ENDING WITH THE FINISH LINE AT HISTORIC STRAWBERRY BANKE.

Program 2
Expenses: $12,571 Revenue: $3,000

FIRST NIGHT PORTSMOUTH - SINCE 1986, PORTSMOUTH HAS COME ALIVE ON NEW YEAR'S EVE WITH AN ANNUAL CELEBRATION FEATURING FIREWORKS AND ICE SCULPTURE KNOWN AS FIRST NIGHT PORTSMOUTH.FIRST NIGHT...

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FIRST NIGHT PORTSMOUTH - SINCE 1986, PORTSMOUTH HAS COME ALIVE ON NEW YEAR'S EVE WITH AN ANNUAL CELEBRATION FEATURING FIREWORKS AND ICE SCULPTURE 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.

Program 3
Expenses: $8,224 Revenue: $1,102

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...

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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. THE DAY IS FILLED WITH SOMETHING FOR EVERYONE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,247
Program Service Revenue $122,619
Investment Income $8
Other Revenue $10,500
TOTAL REVENUE $160,374

Expense Breakdown

Grants Paid $0
Salaries & Benefits $84,519
Fundraising Expenses $47,941
Program Expenses $82,668
Other Expenses $88,847
TOTAL EXPENSES $173,366

Year-over-Year Comparison

2024 2023 Change
Revenue $160,374 $144,302 +0.1%
Expenses $173,366 $175,842 0.0%
Net Income $-12,992 $-31,540 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTJE BOURDAGES DIRECTOR 2.00
Director
$0 $0 $0
MOLLY DOYLE DIRECTOR 2.00
Director
$0 $0 $0
BRIANA COAKLEY SECRETARY 2.00
Director
$0 $0 $0
NIKOLE HASLETT DIRECTOR 2.00
Director
$0 $0 $0
MARK LOMBARDI PRESIDENT 4.00
Director
$0 $0 $0
TYLER MCLAUGHLIN DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $160,374 $173,366 $16,773 $-12,992
2024 $144,302 $175,842 $29,764 $-31,540
2023 $146,338 $168,720 $61,305 $-22,382
2022 $182,490 $180,247 $83,586 $2,243
2021 $92,964 $114,081 $101,933 $-21,117
2020 $146,434 $141,427 $59,881 $5,007
2019 $207,923 $195,628 $6,553 $12,295
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