Downtown San Angelo Inc
- Assets
- $329.9k
- Revenue
- $182.0k
- Investments
- $0.0
- Employees
- 2
- Location
- San Angelo, TX
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 03-0534387
Organization Overview
Downtown San Angelo Inc is located in San Angelo, TX. The organization was established in 2004. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Downtown San Angelo Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown San Angelo Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Downtown San Angelo Inc generated $182.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $305.0k during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOWNTOWN REVITALIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aimee Cameron Director | Officer | 0 | $0 |
Lana Mott Director | Officer | 0 | $0 |
Delila Sudduth Secretary | Officer | 0 | $0 |
Casey Barrett Vice Presidenttreasurer | Officer | 0 | $0 |
Steve Stango Director | Officer | 0 | $0 |
Larry Justiss Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $51,425 |
| Fundraising events | $38,634 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,425 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,545 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,970 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,078 |
| Compensation of current officers, directors, key employees. | $102,814 |
| Compensation of current officers, directors, key employees. | $102,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,967 |
| Office expenses | $5,500 |
| Information technology | $3,258 |
| Royalties | $0 |
| Occupancy | $7,373 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,891 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,436 |
| Insurance | $1,602 |
| All other expenses | $19 |
| Total functional expenses | $305,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,470 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,262 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,133 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,002 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $329,867 |
| Accounts payable and accrued expenses | $900 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,432 |
| Total liabilities | $45,332 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $284,535 |
| Total liabilities and net assets/fund balances | $329,867 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown San Angelo Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Stribling Funding Corporation San Angelo, TX PURPOSE: GENERAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Film And Video Society Inc New Orleans, LA | $893,473 | $1,763,919 |
The Troy Andrews Foundation New Orleans, LA | $2,023,696 | $727,509 |
Fort Worth Community Arts Center Fort Worth, TX | $233,631 | $729,515 |
Downtown San Angelo Inc San Angelo, TX | $329,867 | $181,970 |
International School Of Hydrocarbon Measurement Inc Norman, OK | $321,813 | $326,852 |
Texas Educational Theatre Association Inc Houston, TX | $705,536 | $159,105 |
Kelly Foundation Incorporated Little Rock, AR | $303,866 | $156,535 |
Texas Non-Profit Theatres Inc Fort Worth, TX | $323,229 | $143,739 |
Sawmill Center Inc Albuquerque, NM | $166,545 | $253,100 |
Azerbaijan Center Houston, TX | $79,047 | $103,981 |
Murphy Tribute Association Murphy, TX | $43,432 | $0 |
Mobilelink Foundation Sugar Land, TX | $0 | $0 |