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Nonprofiteer
← DOWNTOWN SOUTH BEND INC

Form 990 for tax year 2023

Filed by DOWNTOWN SOUTH BEND INC.

Totals

Total revenue
$1,303,911
Total expenses
$1,309,482
Contributions and grants received
$1,113,511
Grants paid
$173,802
Program service revenue
$190,400
Investment income
$0
Other revenue
$0
Total assets, end of year
$609,149
Total liabilities, end of year
$335,690
Net assets or fund balances, end of year
$273,459
Program services expenses (Part IX)
$1,134,416
Management and general expenses
$118,042
Fundraising expenses
$57,024
Program service expenses (Part III)
not reported

Program services were 86.6% 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.

  • 1b · Membership dues

    $17,800

  • 1d · Related organizations

    $70,771

  • 1e · Government grants (contributions)

    $903,800

  • 1f · All other contributions, gifts and grants

    $121,140

  • 2a · Program service revenue: SPONSORSHIP

    total $88,614 · related or exempt $88,614

  • 2b · Program service revenue: ADMISSION

    total $39,399 · related or exempt $39,399

  • 2c · Program service revenue: VENDOR FEE

    total $31,167 · related or exempt $31,167

  • 2d · Program service revenue: PARTICIPATION FEES

    total $8,897 · related or exempt $8,897

  • 2e · Program service revenue: ADMINISTRATIVE INCOME

    total $8,750 · related or exempt $8,750

  • 2f · All other program service revenue

    total $13,573 · related or exempt $13,573

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $173,802 · program services $173,802

  • 5 · Compensation of officers, directors and key employees

    total $144,433 · program services $59,292 · management and general $54,134 · fundraising $31,007

  • 7 · Other salaries and wages

    total $179,652 · program services $169,512 · management and general $1,933 · fundraising $8,207

  • 9 · Other employee benefits

    total $25,258 · program services $17,832 · management and general $4,370 · fundraising $3,056

  • 10 · Payroll taxes

    total $29,092 · program services $20,539 · management and general $5,033 · fundraising $3,520

  • 11c · Fees: accounting

    total $16,437 · management and general $16,437

  • 11g · Fees: other

    total $1,455 · management and general $1,455

  • 12 · Advertising and promotion

    total $15,764 · program services $15,764

  • 13 · Office expenses

    total $17,157 · program services $12,064 · management and general $3,026 · fundraising $2,067

  • 14 · Information technology

    total $1,870 · program services $706 · management and general $1,043 · fundraising $121

  • 16 · Occupancy

    total $26,340 · program services $18,596 · management and general $4,557 · fundraising $3,187

  • 17 · Travel

    total $3,718 · program services $2,625 · management and general $643 · fundraising $450

  • 19 · Conferences, conventions and meetings

    total $1,181 · program services $834 · management and general $204 · fundraising $143

  • 20 · Interest

    total $1,210 · management and general $1,210

  • 22 · Depreciation, depletion and amortization

    total $20,283 · program services $6,227 · management and general $14,056

  • 23 · Insurance

    total $10,132 · program services $7,153 · management and general $1,753 · fundraising $1,226

  • 24a · Other expenses: HOSPITALITY & SAFETY

    total $347,543 · program services $347,543

  • 24b · Other expenses: DOWNTOWN EVENTS

    total $133,059 · program services $133,059

  • 24c · Other expenses: BEAUTIFICATION & MAINT

    total $124,526 · program services $124,526

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $9,104 · program services $6,427 · management and general $1,575 · fundraising $1,102

  • 24e · All other expenses

    total $27,466 · program services $17,915 · management and general $6,613 · fundraising $2,938

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $253,749 · end of year $325,354

  • 2 · Savings and temporary cash investments

    beginning of year $63,929 · end of year $63,929

  • 3 · Pledges and grants receivable

    beginning of year $186,091 · end of year $145,344

  • 4 · Accounts receivable

    beginning of year $5,620 · end of year $32,523

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,601 · end of year $3,661

  • 10a · Land, buildings and equipment: cost or other basis

    $95,077

  • 10b · Land, buildings and equipment: accumulated depreciation

    $66,481

  • 10c · Land, buildings and equipment, net

    beginning of year $36,481 · end of year $28,596

  • 15 · Other assets

    beginning of year $22,140 · end of year $9,742

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,002 · end of year $134,587

  • 19 · Deferred revenue

    beginning of year $251,621 · end of year $188,770

  • 23 · Secured mortgages and notes payable

    beginning of year $25,938 · end of year $11,568

  • 25 · Other liabilities

    beginning of year $5,020 · end of year $765

  • 27 · Net assets without donor restrictions

    beginning of year $225,899 · end of year $225,834

  • 28 · Net assets with donor restrictions

    beginning of year $53,131 · end of year $47,625

Mission and programs · 2023

Mission

DOWNTOWN SOUTH BEND, INC. IS COMMITTED TO THE ADVANCEMENT AND VITALITY OF DOWNTOWN THROUGH OFFERING BUSINESS RESOURCES, SUPPORT, INITIATIVES, AND INCENTIVES; PRESENTING MARKETING AND EVENTS TO ATTRACT VISITORS; AND HIGHLIGHTING DOWNTOWN AS THE CENTER FOR ARTS, DINING, AND ENTERTAINMENT.

  • DTSB HOSTED 11 RIBBON CUTTINGS AND WELCOMED 13 NEW BUSINESS OPENINGS. 69% WERE WOMEN OR MINORITY-OWNED WITH AN ESTIMATED 42 NEW JOBS CREATED IN 2023. WE PROVIDED OPPORTUNITIES FOR 400% MORE LOCAL BUSINESSES AT FIRST FRIDAYS MARKETS. WE PLANNED, PROMOTED, AND IMPLEMENTED 76 TOTAL EVENTS IN 2023, ENGAGING OVER 90,000 ATTENDEES. WE FACILITATED 2,000+ HOURS OF DEDICATED DOWNTOWN SAFETY PATROLS. WE PARTNERED WITH MURAL MANIA TO BEAUTIFY OUR CITY CENTER WITH 8 NEW MURALS. WE CATALYZED 600K+ IN NEW INVESTMENT VIA OUR EXTERIOR ENHANCEMENT GRANTS, WITH 9 GRANTS AWARDED IN 2023 AND 3 PROJECTS COMPLETED FROM 2022. WE EXPANDED RIVERFRONT LIQUOR LICENSE BOUNDARIES TO HELP MORE SMALL BUSINESSES. WE WORKED WITH SMALL- SCALE DEVELOPERS TO ADVANCE THE REVITALIZATION OF 15 LONG-VACANT BUILDINGS. WE INFUSED LIFE AND COLOR DOWNTOWN WITH 6,271 ANNUAL & PERENNIAL FLOWERS & PLANTS. WE PROMOTED DOWNTOWN EVENTS & BUSINESSES TO 723,500 PEOPLE VIA SOCIAL MEDIA CHANNELS & OUR WEBSITE. STREET-LEVEL SOLUTIONS THROUGH THE AMBASSADOR PROGRAM CLOCKED OVER 5,882 CLEANING HOURS, 434 SAFETY HOURS, 309 SPECIAL EVENT HOURS, 560 SEASONAL PROJECT HOURS, 145 DELIVERY HOURS, AND 166 SNOW REMOVAL HOURS, AND REMOVED 197,679 POUNDS OF TRASH, PERFORMED WEED REMOVAL IN 177 BLOCKS, WATERED FLOWERS USING 44,641 GALLONS OF WATER AND PERFORMED 20,645 HOSPITALITY ASSISTS. OUR OUTREACH AMBASSADOR PROVIDED LIFE-CHANGING AND LIFE-SAVING OUTREACH TO THE HOMELESS AND ENGAGED IN 1,078 INTERACTIONS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Willow Wetherall

    EXEC DIRECTO

    Total calculated
    $97,500
    From this org
    $97,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    39 + 1 related

  • Monica Abair

    ACCOUNTANT (

    Total calculated
    $11,794
    From this org
    $11,794
    From related orgs
    $0
    Other
    $0
    Hours/week
    19 + 1 related

  • Amanda Harris

    ACCOUNTANT (

    Total calculated
    $35,139
    From this org
    $35,139
    From related orgs
    $0
    Other
    $0
    Hours/week
    19 + 1 related

  • Calvin Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Jeanne Skelton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Joan McClendon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Brad Emberton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Matt Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 0.1 related

  • John Jessen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Chris Barth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Angie Dvorak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Mary Downes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Aaron Perri

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Tim Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Scott Ruszkowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Lindsay Horner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Patrick McGuire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Caleb Bauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Jeff Jarnecke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Gwen O'Brien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.1 related

  • Sarah Kuhny

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • Mark McDonnell

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • Dan Smogor

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • Danielle Meersman

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

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

  • ALOFT SOUTH BEND ALOFT SOUTH BEND

    $36,185

    EXTERIOR ENHANCEMENT

  • CINCO 5 INTERNATIONAL CINCO 5 INTERNATIONAL

    $20,000

    EXTERIOR ENHANCEMENT

  • MICHIGAN STREET SHOPS LLC MICHIGAN STREET SHOPS LLC

    $20,000

    EXTERIOR ENHANCEMENT

  • CENTRAL AUTOMOTIVE CENTRAL AUTOMOTIVE

    $20,000

    EXTERIOR ENHANCEMENT

  • STUDEBAKER MANSION STUDEBAKER MANSION

    $20,000

    EXTERIOR ENHANCEMENT

  • BARNABY'S PIZZA BARNABY'S PIZZA

    $17,380

    EXTERIOR ENHANCEMENT

  • HERSTORIC PROPERTIES HERSTORIC PROPERTIES

    $10,000

    EXTERIOR ENHANCEMENT

  • LWW PROPERTIES LLC LWW PROPERTIES LLC

    $7,139

    EXTERIOR ENHANCEMENT

  • WNIT WNIT

    $6,925

    EXTERIOR ENHANCEMENT

  • EARLY BIRD EATERY EARLY BIRD EATERY

    $5,028

    EXTERIOR ENHANCEMENT

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
6 August 2024
IRS schema version
2023v5.0
Source object
202402359349301010

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