GREATER PINE STREET BUSINESS ASSOCIATION INC

EIN: 300256263 Community Improvement

BURLINGTON, VT

Total Revenue
$246,951
Total Expenses
$231,698
Total Assets
$42,584
Net Assets
$23,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
VT
Principal Officer
DANIELLE ALTENBURG
Phone
8028599222
Tax Period
2025-01-01 to 2025-12-31

GREATER PINE STREET BUSINESS ASSOCIATION INC, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $247K in total revenue in fiscal year 2025. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $232K left a modest 6% surplus.

Mission

VISION: THE SOUTH END ARTS DISTRICT IS WHERE ARTISTS, ENTREPRENEURS, BUSINESSES AND COMMUNITIES THRIVE, SUPPORTED BY PROGRAMS AND SERVICES THAT ENHANCE OPPORTUNITY FOR ALL. MISSION: TO PROMOTE THE INTERDEPENDENCE BETWEEN ART AND BUSINESS TO ENHANCE THE VIBRANT, CREATIVE AND DIVERSE COMMUNITY OF THE SOUTH END ARTS DISTRICT.

Program Service Accomplishments

Program 1

THE SOUTH END ARTS AND BUSINESS ASSOCIATION WAS ABLE TO EXPAND ART PROGRAMMING IN 2025 AND MAKE STRATEGIC MOVES TO GROW THE ORGANIZATION BY ACQUIRING A NEW LOCATION AT THE END OF THE YEAR. THE...

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THE SOUTH END ARTS AND BUSINESS ASSOCIATION WAS ABLE TO EXPAND ART PROGRAMMING IN 2025 AND MAKE STRATEGIC MOVES TO GROW THE ORGANIZATION BY ACQUIRING A NEW LOCATION AT THE END OF THE YEAR. THE NON-PROFIT ORGANIZATION IS MAINLY SUPPORTED THROUGH EVENT REGISTRATION AND SPONSORSHIPS, RELATED TO THE ANNUAL SOUTH END ART HOP, WHICH WELCOMES THOUSANDS OF VISITORS TO THE SOUTH END ARTS DISTRICT OF BURLINGTON, VERMONT EACH SEPTEMBER. THE EVENT IS FAMILY FRIENDLY AND FREE TO ATTEND TAKING PLACE ALONG A 1.5 MILE STRETCH. IN SEPTEMBER OF 2025 WE WERE FORTUNATE ENOUGH TO HAVE GREAT ENGAGEMENT AND ATTENDANCE FOR THE THREE DAY FESTIVAL WHICH ALLOWED APPROXIMATELY 20,000 PEOPLE TO ENJOY OUTDOOR EVENTS INCLUDING AN ARTIST MARKET, A "KIDS HOP" INTERACTIVE PROGRAM FOR FAMILIES TAKING PLACE AT AN ESTABLISHED FARMERS MARKET; A 1/3 OF A MILE STREET CLOSURE DURING THE EVENING FOR VISITORS TO SPREAD OUT SAFELY; GORGEOUS LIGHT SHOWS AND INTERACTIVE PIECES ON HISTORIC BUILDINGS EACH NIGHT, AND A PROGRAM OF 125 LOCATIONS; INCLUDING ARTIST STUDIOS, BUSINESSES, AND RESTAURANTS TO VISIT AND SUPPORT. IN ADDITION TO THE SOUTH END ART HOP, 2025 BROUGHT THE SIXTH YEAR OF THE SEABA ARTIST RESIDENCY, IN WHICH ONE ARTIST IS AWARDED A YEAR LONG ART STUDIO RENTAL FREE OF CHARGE. THE LARGE INDUSTRIAL STUDIO SPACE IS SPONSORED BY UNSWORTH PROPERTIES, WHO OWN A FULL BLOCK OF BUILDINGS IN THE SOUTH END THAT HOST LOCAL ARTIST SPACES AND SMALL BUSINESSES. THE SEABA ART CURATION PROGRAM HAS GROW,WITH HUNDREDS OF ARTISTS SHOWING WORK IN HISTORIC BUILDINGS UP TO 10 PIECES EACH, EACH QUARTER, YEAR-ROUND. OUR WEBSITE ASSURES THAT POTENTIAL ART BUYERS CAN SHOP FROM HOMES OR ON LOCATION BY SCANNING A QR CODE ON THE LABEL OF EACH PIECE OF ART. THE CURATION PROGRAM FEATURES EVERY PIECE OF ARTWORK ON THE SEABA WEBSITE AND HAS CONTINUED TO BE A SUCCESSFUL WAY FOR PEOPLE TO SUPPORT THE ARTS. A COLLABORATION HAS CONTINUED WITH GENERATOR MAKESPACE, IN WHICH ONE ARTIST IS AWARDED A SMALL STUDIO AND MEMBERSHIP FOR A QUARTER AND HOSTS AN ART SHOW AT THE END OF THEIR RESIDENCY. 2025 ALSO EXPANDED ON THE 'STRUT' FASHION SHOW, IN WHICH 15 DESIGNERS OF ALL AGES, SKILLS, AND ABILITIES SHOWCASED THEIR CLOTHING ON UP TO FIVE MODELS EACH. THE PRODUCTION WAS PROFESSIONAL WITH STAGING, LIGHTING, SOUND, AND VIDEO AND WELCOMED 300 GUESTS TO A SOLD OUT CROWD. THE YEAR ENDED WITH ACQUIRING A NEW RENTAL FOR OUR OFFICE THAT MEASURES 7,000 SQUARE FEET AND HAS ENOUGH ROOM TO BUILD OUT A YEAR-ROUND ART GALLERY FOR OUR MEMBERS, A PERFORMING ARTS VENUE WITH A STAGE, AND A THIRD ROOM FOR PRIVATE EVENT RENTALS AND INDOOR ARTIST MARKETS. OUR NON-PROFIT IS NOW POISED TO SUPPORT THE GROWING SOUTH END ARTS DISTRICT OF BURLINGTON, VT FOR YEARS TO COME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $115,467
Program Service Revenue $127,327
Investment Income $0
Other Revenue $4,157
TOTAL REVENUE $246,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,292
Fundraising Expenses $0
Other Expenses $125,406
TOTAL EXPENSES $231,698

Year-over-Year Comparison

2025 2024 Change
Revenue $246,951 $150,157 +0.6%
Expenses $231,698 $179,150 +0.3%
Net Income $15,253 $-28,993 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
60

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
4
$0
Total Directors
12
$77,925
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE J MITCHELL EXECUTIVE DI 40.00
Director
$77,925 $0 $77,925
DANIELLE ALTENBURG PRESIDENT 2.00
Officer Director
$0 $0 $0
SCOTT ANDERSON SECRETARY 2.00
Officer Director
$0 $0 $0
WILL CLAVELLE BOARD MEMBER 1.00
Director
$0 $0 $0
LIZ FORD VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ALEX GERMEK BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
JOY HASTINGS BOARD MEMBER 1.00
Director
$0 $0 $0
THEA HECK BOARD MEMBER 1.00
Director
$0 $0 $0
TED LAWRENCE BOARD MEMBER 1.00
Director
$0 $0 $0
HENRY SINKULA TREASURER 2.00
Officer Director
$0 $0 $0
LAURA TREU BOARD MEMBER 1.00
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 $246,951 $231,698 $42,584 $15,253
2024 $150,157 $179,150 $9,621 $-28,993
2023 $205,076 $197,122 $38,649 $7,954
2020 $120,236 $117,209 $43,097 $3,027
2019 $139,933 $129,601 $26,817 $10,332
2018 $206,917 $204,654 $17,368 $2,263
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