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Nonprofiteer
← DOWNTOWN SYRACUSE FOUNDATION INC

Form 990 for tax year 2022

Filed by DOWNTOWN SYRACUSE FOUNDATION INC.

Totals

Total revenue
$407,316
Total expenses
$398,333
Contributions and grants received
$354,390
Grants paid
$296,450
Program service revenue
$52,926
Investment income
$0
Other revenue
$0
Total assets, end of year
$406,793
Total liabilities, end of year
$99,603
Net assets or fund balances, end of year
$307,190
Program services expenses (Part IX)
$392,773
Management and general expenses
$5,560
Fundraising expenses
$0
Program service expenses (Part III)
$392,773

Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $310,449

  • 1f · All other contributions, gifts and grants

    $43,941

  • 2a · Program service revenue: HANGING FLOWER BASKETS

    total $23,470 · related or exempt $23,470

  • 2b · Program service revenue: DOWNTOWN LIVING TOUR

    total $20,990 · related or exempt $20,990

  • 2c · Program service revenue: CNY ARTS

    total $4,825 · related or exempt $4,825

  • 2d · Program service revenue: EMPLOYEE APPRECIATION

    total $2,300 · related or exempt $2,300

  • 2f · All other program service revenue

    total $1,341 · related or exempt $1,341

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $296,450 · program services $296,450

  • 11b · Fees: legal

    total $790 · management and general $790

  • 11c · Fees: accounting

    total $1,515 · management and general $1,515

  • 12 · Advertising and promotion

    total $10,063 · program services $10,063

  • 13 · Office expenses

    total $7,929 · program services $7,929

  • 23 · Insurance

    total $2,490 · management and general $2,490

  • 24a · Other expenses: PROGRAM EXPENSES

    total $62,515 · program services $61,750 · management and general $765

  • 24b · Other expenses: PURCHASED SERVICES

    total $16,569 · program services $16,569

  • 24c · Other expenses: BANK FEES

    total $12 · program services $12

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $305,136 · end of year $372,834

  • 2 · Savings and temporary cash investments

    beginning of year $2,750 · end of year $5,805

  • 3 · Pledges and grants receivable

    beginning of year $16,902 · end of year $843

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,062 · end of year $2,138

  • 15 · Other assets

    beginning of year $2,823 · end of year $25,173

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,156 · end of year $0

  • 19 · Deferred revenue

    end of year $67,385

  • 25 · Other liabilities

    beginning of year $29,309 · end of year $32,218

  • 27 · Net assets without donor restrictions

    beginning of year $298,208 · end of year $307,190

Mission and programs · 2022

Mission

TO CONDUCT RESEARCH, IDENTIFY BEST POLICIES AND PRACTICES, SECURE RESOURCES AND IMPLEMENT PROGRAMS AND PROJECTS TO SUPPORT THE REVITALIZATION OF DOWNTOWN SYRACUSE.

  • TO CONDUCT RESEARCH, IDENTIFY BEST POLICIES AND PRACTICES, SECURE RESOURCES AND IMPLEMENT PROGRAMS AND PROJECTS TO SUPPORT THE REVITALIZATION OF DOWNTOWN SYRACUSE.

    Expenses $361,829 · Grants $296,450 · Revenue $8,466

  • FLOWER BASKET CAMPAIGN - TO ENSURE THAT DOWNTOWN SYRACUSE IS ATTRACTIVE, CLEAN AND ACCESSIBLE.

    Expenses $16,903 · Revenue $23,470

  • DOWNTOWN LIVING TOUR - TO BUILD AWARENESS OF THE IMPORTANCE OF RESIDENTIAL DEVELOPMENT AS A KEY ELEMENT IN A VIBRANT AND SUCCESSFUL DOWNTOWN, AS WELL AS INCREASE AWARENESS OF THE REVITALIZATION TAKING PLACE IN DOWNTOWN SYRACUSE

    Expenses $14,041 · Revenue $20,990

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Merike Treier

    PRESIDENT/CEO

    Total calculated
    $0
    Hours/week
    1

  • Robert Doucette

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nicole Samolis

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Lindsay Weichert

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Michael Sgro

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Peter Dunn

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brian Petranchuk

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333189349307158

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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