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Nonprofiteer
← DOWNTOWN DALLAS INC

Form 990 for tax year 2022

Filed by DOWNTOWN DALLAS INC.

Totals

Total revenue
$10,765,549
Total expenses
$10,830,522
Contributions and grants received
$0
Grants paid
$253,272
Program service revenue
$10,805,996
Investment income
-$54,823
Other revenue
$14,376
Total assets, end of year
$11,334,217
Total liabilities, end of year
$4,639,574
Net assets or fund balances, end of year
$6,694,643
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 2a · Program service revenue: ANNUAL MEETING/FALL FORUM

    total $316,770 · related or exempt $316,770

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $972,417 · related or exempt $972,417

  • 2c · Program service revenue: PID ASSESSMENTS

    total $9,516,809 · related or exempt $9,516,809

  • 3 · Investment income

    total $45,688 · excluded $45,688

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7b · Less cost or other basis and sales expenses

    other assets $100,511

  • 7c · Gain or loss

    other assets -$100,511

  • 7d · Net gain or loss

    total -$100,511 · excluded -$100,511

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $14,376 · related or exempt $14,376

  • 11e · Other revenue, total

    $14,376

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $253,272

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $697,176

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $4,586,850

  • 8 · Pension plan contributions

    total $167,791

  • 9 · Other employee benefits

    total $625,744

  • 10 · Payroll taxes

    total $396,927

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $36,166

  • 11c · Fees: accounting

    total $34,683

  • 11d · Fees: lobbying

    total $100,000

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $506,877

  • 12 · Advertising and promotion

    total $604,868

  • 13 · Office expenses

    total $71,748

  • 14 · Information technology

    total $76,327

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $232,411

  • 17 · Travel

    total $42,833

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $246,497

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $186,487

  • 23 · Insurance

    total $133,196

  • 24a · Other expenses: MAINTENANCE & BEAUTIFICATION

    total $652,744

  • 24b · Other expenses: ALL OTHER EXPENSES

    total $566,334

  • 24c · Other expenses: EXTENDED PATROL/DPD

    total $316,004

  • 24d · Other expenses: HOLIDAY DECOR

    total $167,664

  • 24e · All other expenses

    total $127,923

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,227,946 · end of year $995,249

  • 2 · Savings and temporary cash investments

    beginning of year $5,716,853 · end of year $5,099,804

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $80,104

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

    $2,092,741

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

    $755,433

  • 10c · Land, buildings and equipment, net

    beginning of year $828,548 · end of year $1,337,308

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $3,821,752

  • 17 · Accounts payable and accrued expenses

    beginning of year $417,658 · end of year $314,446

  • 19 · Deferred revenue

    beginning of year $596,073 · end of year $502,088

  • 25 · Other liabilities

    end of year $3,823,040

  • 27 · Net assets without donor restrictions

    beginning of year $6,759,616 · end of year $6,694,643

Mission and programs · 2022

Mission

Downtown Dallas, Inc. is the principal advocate and champion of Downtown, ensuring that Downtown grows as a vibrant center of urban life, recognized locally and globally for the quality of its business, hospitality, entertainment, living, and cultural environments. This is accomplished by setting targets and mobilizing resources that stimulate a vibrant and sustainable environment, improve infrastructure, enhance economic competitiveness, create a culturally inclusive urban center, position the area as a global destination, and, foster innovation and technology in all aspects of the urban experience.

  • Downtown Dallas, Inc. is the principal advocate and champion of Downtown, ensuring that Downtown grows as a vibrant center of urban life, recognized locally and globally for the quality of its business, hospitality, entertainment, living, and cultural environments. This is accomplished by setting targets and mobilizing resources that stimulate a vibrant and sustainable environment, improve infrastructure, enhance economic competitiveness, create a culturally inclusive urban center, position the area as a global destination, and, foster innovation and technology in all aspects of the urban experience.

As filed on the 2022 return.

Listed in Part VII

  • Amy Tharp

    INT. PRES & CEO

    Total calculated
    $363,082
    From this org
    $327,698
    From related orgs
    $0
    Other
    $35,384
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $250,526
    Bonus
    $76,572
    Other
    $600
    Deferred
    $16,150
    Nontaxable benefits
    $19,234
    Filer's total
    $363,082

  • Jennifer Scripps-from 42022

    President & CEO

    Total calculated
    $334,094
    From this org
    $311,209
    From related orgs
    $0
    Other
    $22,885
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $249,259
    Bonus
    $61,500
    Other
    $450
    Deferred
    $5,762
    Nontaxable benefits
    $17,123
    Filer's total
    $334,094

  • Scott B Goldstein

    CHIEF-EXT AFF.

    Total calculated
    $254,104
    From this org
    $207,845
    From related orgs
    $0
    Other
    $46,259
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,600
    Bonus
    $47,645
    Other
    $600
    Deferred
    $11,097
    Nontaxable benefits
    $35,162
    Filer's total
    $254,104

  • Dustin Bullard

    EVP, ECONOMIC DEV.

    Total calculated
    $245,793
    From this org
    $216,064
    From related orgs
    $0
    Other
    $29,729
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,964
    Bonus
    $31,500
    Other
    $600
    Deferred
    $9,968
    Nontaxable benefits
    $19,761
    Filer's total
    $245,793

  • Shalissa Perry

    CHIEF MARKETING OF

    Total calculated
    $211,757
    From this org
    $164,531
    From related orgs
    $0
    Other
    $47,226
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,431
    Bonus
    $7,500
    Other
    $600
    Deferred
    $8,945
    Nontaxable benefits
    $38,281
    Filer's total
    $211,757

  • Michael Graham

    VP-FINANCE

    Total calculated
    $174,223
    From this org
    $140,598
    From related orgs
    $0
    Other
    $33,625
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $133,498
    Bonus
    $6,500
    Other
    $600
    Deferred
    $7,580
    Nontaxable benefits
    $26,045
    Filer's total
    $174,223

  • Evan Sheets

    VP-PLANNING & SAFE

    Total calculated
    $170,204
    From this org
    $152,498
    From related orgs
    $0
    Other
    $17,706
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,898
    Bonus
    $9,000
    Other
    $600
    Deferred
    $7,571
    Nontaxable benefits
    $10,135
    Filer's total
    $170,204

  • Steve Hulsey

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ted Benn

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sarah Terry

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mattia Flabiano

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Susan Harris

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brian Bergersen

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Greer

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ted Hamilton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Amy Lewis Hofland

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Larry Daniels

    Director

    Total calculated
    $0
    Hours/week
    1

  • Katy Murray

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Holly Reed

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Suzanne Kedron

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Michael Tregoning

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mike Hoque

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael Peterson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Allan Zreet

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brad Williams

    Director

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • MCKINNEY AVENUE TRANSIT AUTH

    $100,000

    GRANT PER CONTRACT

  • THE THANKS-GIVING FOUNDATION

    $25,000

    MATCHING GRANT

  • 1412 MAIN STREET LLC

    $20,156

    AWNING INSTALLATION

  • DALLAS COUNTY HISTORICAL FOUN

    $19,638

    LANDSCAPE IMPROVEMENTS

  • DALLAS BLACK DANCE THEATRE

    $18,808

    WINTER STORM RECOVERY

  • CHIMALMA TACO BAR CO

    $18,525

    PARKLET REIMBURSEMENT

  • TAQUERIA LA VENTANA LLC

    $15,000

    MATCHING GRANT

  • FM CITY PARK LLC

    $14,549

    LANDSCAPE IMPROVEMENTS

  • 1600 PACIFIC LANDLORD LLC

    $8,250

    REPAIRS AT HILTON GARDEN INN

  • SWEET TOOTH HOTEL INC

    $7,019

    FACADE 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
2022
Filed
10 October 2023
IRS schema version
2022v5.0
Source object
202332839349301438

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

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