Form 990 for tax year 2022

What the amendment changed

Compared with the return it replaced , filed 2 May 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Contributions and grants received

$833,839 →changed to $805,879

Program service revenue

$225,974 →changed to $253,934

Totals

Total revenue

$1,064,376

Total expenses

$553,541

Contributions and grants received

$805,879

Grants paid

$331,980

Program service revenue

$253,934

Investment income

$4,563

Other revenue

$0

Total assets, end of year

$983,419

Total liabilities, end of year

$241,574

Net assets or fund balances, end of year

$741,845

Program services expenses (Part IX)

$542,706

Management and general expenses

$10,835

Fundraising expenses

$0

Program service expenses (Part III)

$542,706

Program services were 98.0% 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.

Mission and programs · 2022

• DGI GRANTS PROGRAM - PROVIDING THE COMMUNITY WITH VARIOUS SERVICE PROJECTS.

  Expenses $331,980 · Grants $331,980 · Revenue $3,320

• ICE RINK - PROVIDING THE COMMUNITY WITH ICE RINK OPERATIONS AS PART OF PIEDMONT WINTERFEST, A COMMUNITY CULTURAL FESTIVAL DURING THE HOLIDAY SEASON.

  Expenses $133,032 · Revenue $170,837

• HOLIDAY PARADE - PROVIDING THE COMMUNITY WITH A HOLIDAY PARADE AS PART OF PIEDMONT WINTERFEST, A COMMUNITY CULTURAL FESTIVAL DURING THE HOLIDAY SEASON.

  Expenses $24,939 · Revenue $14,475

• BEACH MUSIC FESTIVALS

  Expenses $41,771 · Revenue $24,480

• TINSEL TOWN

  Expenses $8,142

• JINGLE JOG

  Expenses $2,842 · Revenue $3,480

• FUN FOURTH FESTIVAL

  Revenue $34,517

• FESTIVAL OF LIGHTS

  Revenue $2,825

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

Listed in Part VII

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

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

• DOWNTOWN GREENSBORO INC

  $331,980

  PROGRAM AND EVENT COORDINATION

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.

• DOWNTOWN GREENSBORO INC

  501(C)(6) · ECONOMIC DEVELOPMENT · NC

• DOWNTOWN GREENSBORO IMPROVEMENT CORP

  501(C)(4) · ECONOMIC DEVELOPMENT · NC · controlled entity

  Directly controlled by DOWNTOWN GREENSBORO INC

Provenance

Return type

form_990

Tax year

2022

Filed

13 May 2025

IRS schema version

2022v5.0

Source object

202541359349304244

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

The source document this was parsed from is served over the API, which is where bulk and document access live.