Downtown Kansas City Civic Ventures
- Assets
- $938.1k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 09/2009
- Data as of
- 12/2023
- EIN
- 26-4136368
Organization Overview
Downtown Kansas City Civic Ventures is located in Kansas City, MO. The organization was established in 2009. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Kansas City Civic Ventures 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 12/2023, Downtown Kansas City Civic Ventures generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 11.1% per year over the past 9 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.
Since 2015, Downtown Kansas City Civic Ventures has awarded 71 individual grants totaling $2,760,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE GREATER DOWNTOWN AND URBAN CORE OF KANSAS CITY THROUGH EDUCATIONAL AND SERVICE PROGRAMS, INCLUDING PROVIDING COORDINATED SOCIAL AND COMMUNITY SERVICES TO PERSONS WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS AND LESSEN THE BURDENS OF GOVERNMENT AND COMBAT COMMUNITY DETERIORATION, INCLUDING, BUT NOT LIMITED TO MAKING KANSAS CITY CLEAN, SAFE, AND ATTRACTIVE.
Describe the Organization's Program Activity:
OFFICE SPACE: PROVIDE A BUILDING AVAILABLE FOR RENT TO OTHER NONPROFIT ORGANIZATIONS PROVIDING SOCIAL AND COMMUNITY SERVICES TO PERSONS WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS.
LAUNCH KC: ATTRACT TECH ENTREPRENEURS AND THEIR EARLY STAGE BUSINESSES TO ESTABLISH/GROW THEIR NEW AND EMERGING BUSINESSES IN KANSAS CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Briggs Treasurer | OfficerTrustee | 1 | $0 |
William Dietrich Director/top Management Of | OfficerTrustee | 1 | $0 |
Charlie Miller Secretary | OfficerTrustee | 1 | $0 |
Kimberly Beatty Director | Trustee | 1 | $0 |
Michael Klamm President | OfficerTrustee | 1 | $0 |
Suzi Roberts Top Financial Official | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,205,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,205,000 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,205,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $628,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $533 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $280,759 |
| Advertising and promotion | $16,207 |
| Office expenses | $2,896 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,759 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,214 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,976 |
| Insurance | $0 |
| All other expenses | $250,164 |
| Total functional expenses | $1,299,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $653,459 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $938,066 |
| Accounts payable and accrued expenses | $6,055 |
| 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 | $0 |
| Total liabilities | $6,055 |
| 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 | $932,011 |
| Total liabilities and net assets/fund balances | $938,066 |
Grants Awarded
Over the last fiscal year, Downtown Kansas City Civic Ventures has awarded $615,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NEW FRONTIER MOBILE DIAGNOSTICS PURPOSE: SOCIAL VENTURE STUDIO GRANT PAYMENT | $25,000 |
RAISE HEALTH INNOVATIONS PURPOSE: SOCIAL VENTURE STUDIO GRANT PAYMENT | $25,000 |
ASK SAMIE PURPOSE: SOCIAL VENTURE STUDIO GRANT PAYMENT | $25,000 |
THRIVE HOMES LLC PURPOSE: SOCIAL VENTURE STUDIO GRANT PAYMENT | $25,000 |
FACEKC PURPOSE: SOCIAL VENTURE STUDIO GRANT PAYMENT | $25,000 |
BRYGHT LABS PURPOSE: LAUNCHKC GRANT PAYMENT | $50,000 |