Albuquerque, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Downtown ABQ Mainstreet Initiative, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $498K in total revenue in fiscal year 2023.
The DowntownABQ MainStreet Initiative is a community redevelopment organization. Our mission is to promote and support downtowns economic, social, and creative vitality through community-driven projects and programs. A revitalized and vibrant downtown is a symbol of community economic health, local quality of life, pride, and community identity.
Downtown Growers Market - The market is home to over 75 New Mexican growers offering the highest quality produce available in Albuquerque, along with a wide array of talented local artists and a...
Downtown Growers Market - The market is home to over 75 New Mexican growers offering the highest quality produce available in Albuquerque, along with a wide array of talented local artists and a delicious mix of prepared food artisans. Every week we feature a live band, community nonprofits, a bike valet service, and lots of community spirit! All are welcome! 70,000 individuals were served.
Arts and Cultural District The Downtown Arts & Cultural District, made up of roughly 30 blocks in and around the Central Avenue corridor, works to support and promote creative work / local businesses...
Arts and Cultural District The Downtown Arts & Cultural District, made up of roughly 30 blocks in and around the Central Avenue corridor, works to support and promote creative work / local businesses and institutions, and increase visitors to the area. Albuquerques Downtown is home to a unique array of assets, including artists, designers, filmmakers, galleries, museums, theaters, musicians, music venues, city festivals, restaurants, food trucks / kitchens, breweries, coffee shops, and creative entrepreneurs living and working in both formal and informal spaces. 20,000 individuals were served.
Downtown Placemaking From our initial program to bring community placemaking to Civic Plaza which began in 2014, we have grown the program to bring placemaking to the larger Downtown. Through...
Downtown Placemaking From our initial program to bring community placemaking to Civic Plaza which began in 2014, we have grown the program to bring placemaking to the larger Downtown. Through programming with Artwalk, a monthly downtown arts crawl event which we support through grant writing, event coordination, permitting, and promotion, to the Downtown Rail Trail community engagement project, to programs for murals and pop up music and food events, we strive to bring vitality to downtowns vacant and underutilized spaces. These programs are essential to bringing economic opportunity to our downtown businesses and organizations while providing community friendly events for our residents and visitors. Over 25,000 individuals were served.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $498,195 | $478,976 | +0.0% |
| Expenses | $521,635 | $406,340 | +0.3% |
| Net Income | $-23,440 | $72,636 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ashley Rammelsberg | President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mario Semiglia | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Julia Youngs | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bethany Tabor | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $498,195 | $521,635 | $236,672 | $-23,440 |
| 2022 | $478,976 | $406,340 | $218,689 | $72,636 |
| 2021 | $351,957 | $320,981 | $124,273 | $30,976 |
| 2020 | $341,629 | $276,282 | $122,985 | $65,347 |
| 2019 | $331,933 | $394,564 | $26,157 | $-62,631 |
| 2018 | $478,703 | $525,813 | $161,899 | $-47,110 |
Compare Downtown ABQ Mainstreet Initiative with other nonprofits in New Mexico and across the country.