Downtown Santa Monica Inc
Promote the third street promenade and the surrounding areas in santa monica, California by providing programs, projects and services that benefit the area merchants, property owners, customers, visitors and residents.
Downtown Santa Monica Inc at a glance
- Total assets
- $5,900,249
- -7.5% vs 2024
- Revenue (2025)
- $9,171,392
- -3.8% vs 2024
- Expenses (2025)
- $9,802,736
- +2.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Downtown Santa Monica Inc funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2020, annual grant giving ranged from $10K (2019) to $11K (2020). In 2020 it made 1 grant totaling $11K.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,900,249 | $9,171,392 | $9,802,736 | — | — | — |
| 2024 | $6,381,619 | $9,533,306 | $9,582,545 | — | — | $41,954 |
| 2023 | $6,382,139 | $9,672,351 | $9,151,775 | — | — | $2,937 |
| 2022 | $4,705,827 | $8,582,946 | $8,368,872 | — | — | $1,870 |
| 2021 | $4,897,203 | $9,308,728 | $9,478,383 | — | — | $2,643 |
| 2020 | $5,282,144 | $9,920,631 | $9,868,968 | $11,169 | 1 | $14,356 |
| 2019 | $4,399,665 | $9,063,756 | $9,314,268 | $10,300 | 1 | $17,548 |
About Downtown Santa Monica Inc
Based on IRS filings
Downtown Santa Monica Inc is a public charity focused on Community Improvement & Capacity Building, based in Santa Monica, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.9M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Downtown Santa Monica Inc is led by Andrew Thomas, CEO on every filing since 2023; 6 of 18 officers listed in 2025 are compensated.
Officers on the 2025 filing
Andrew Thomas
CEO
On filings since 2023
40 hrs/week
$82K (2023) → $277K (2025)
Michele Aronson
Board Chairwoman
At-Large Director → Director, 2020
Director → Board Chairwoman, 2025
On filings since 2019
2 hrs/week
No compensation reported
Ariana Gomez
Director of Marketing
New on the 2025 filing
40 hrs/week
$166K (2025)
Jeremy Ferguson
Operations & Placemaking Director
New on the 2025 filing
40 hrs/week
$165K (2025)
Joshua Gilman
Director
Director → Vice Chair, 2021
Vice Chair → Director, 2023
On filings since 2019
2 hrs/week
No compensation reported
Bruce Fairty
Director
On filings since 2023
2 hrs/week
No compensation reported
Susan Cline
Director
On filings since 2023
2 hrs/week
No compensation reported
Albin Gielicz
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Gleam Davis
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Hodge Patterson
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Judy Kruger
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Richard Bloom
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Sean Besser
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Stanley Iezman
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Cheng Yi Lin
Data & Research Manager
New on the 2025 filing
40 hrs/week
$102K (2025)
Laura Borsecnik
Special Events Manager
New on the 2025 filing
40 hrs/week
$109K (2025)
Martin Ronzio-Garcia
Economic Development Manager
New on the 2025 filing
40 hrs/week
$108K (2025)
Eric Sedman
Treasurer
Director → Chairman, 2023
Chairman → Treasurer, 2025
On filings since 2019
2 hrs/week
No compensation reported
Former officers (24)
- Former: Barry Snell (2019–2024) — Director
- Former: Julia Ladd (2019–2024) — Director
- Former: Ericka Lesley (2021–2024) — Director
- Former: Peter Trinh (2021–2024) — Director
- Former: Leo Pustilnikov (2023–2024) — Director
- Former: Lora Vrasil (2023–2024) — Director
- Former: Lucian Tudor (2023–2024) — Director
- Former: Luke Cain (2023–2024) — Director
- Former: Kathleen Rawson (2019–2023) — Former CEO
- Former: John Harris (2022–2023) — Fmr Interim CEO
- Former: Richard Mongarro (2023) — Director of Operations
- Former: Johannes Van Tilburg (2019–2022) — Director
- Former: Juan Matute (2019–2022) — Vice Chair
- Former: Mackenzie Carter (2019–2022) — Director of Mktg. & Committee
- Former: Rob Rader (2019–2022) — Chair
- Former: Scott Schonfeld (2019–2022) — Vice Chair
- Former: Steven Welliver (2019–2022) — Deputy Chief Executive
- Former: Tara Barauskas (2019–2022) — Director
- Former: Anuj Gupta (2021–2022) — Director
- Former: Bruria Finkel (2019–2021) — Director
- Former: Patricia Hoffman (2019–2021) — Vice Chair
- Former: Lane Dilg (2020–2021) — Director
- Former: Nick Efron (2021) — Director of Public Space & Ops.
- Former: Rick Cole (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $277K, to Andrew Thomas (CEO). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Downtown Santa Monica Inc
How large is Downtown Santa Monica Inc?
Downtown Santa Monica Inc reported $5.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.2M.
What is Downtown Santa Monica Inc?
Downtown Santa Monica Inc is a public charity focused on Community Improvement & Capacity Building, based in Santa Monica, CA. It holds $5.9M in total assets as of 2025.
Where does Downtown Santa Monica Inc operate?
Downtown Santa Monica Inc has awarded grants in California.
What is Downtown Santa Monica Inc's EIN?
Downtown Santa Monica Inc's EIN (Employer Identification Number) is 95-3938944. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 24, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
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