Indianapolis Downtown Inc

Organization Overview

Indianapolis Downtown Inc is located in Indianapolis, IN. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Downtown 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 12/2023, Indianapolis Downtown Inc generated $11.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 65.7% each year . All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 32.4% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

INDIANAPOLIS DOWNTOWN, INC. EXISTS TO IMPROVE DOWNTOWN INDIANAPOLIS. IDI WAS ESTABLISHED TO CONTINUE THE ECONOMIC, SOCIAL, AND CULTURAL DEVELOPMENT IN DOWNTOWN INDIANAPOLIS BY EDUCATIONAL, SCIENTIFIC, AND CHARITABLE MEANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIANAPOLIS DOWNTOWN, INC. PERFORMS VARIOUS PROGRAMS AND SERVICES THAT BENEFIT THE GENERAL PUBLIC AND HELP MANAGE DOWNTOWN. THESE PROGRAMS INCLUDE: (1) SAFETY & SECURITY; (2) TRAFFIC & TRANSPORTATION AND PUBLIC RIGHTS-OF-WAY; AND (3) BEAUTIFICATION & CLEANLINESS. SPECIFIC IDI PROGRAMS INCLUDE: BIKE AND WALKING POLICE PATROL OFFICERS INDEPENDENTLY CONTRACTED TO HELP KEEP DOWNTOWN SAFE, INCREASE POLICE PRESENCE AND SUPPLEMENT EFFORTS OF INDIANAPOLIS METROPOLITAN POLICE DEPARTMENT (IDI'S SECURITY PARTNERSHIP CONVENES PUBLIC AND PRIVATE SECURITY PARTNERS TO COORDINATE PUBLIC SAFETY EFFORTS); PLANTING AND MAINTAINING 200 PLANTERS AND 2 GARDENS, INCLUDING WASHINGTON ST., I-70 GATEWAY, JACKSON PLACE AND ROTARY GREENWAY; MAINTAINING & INSTALLING HOLIDAY DECOR ON MONUMENT CIRCLE; DIRECTION DOWNTOWN WAYFINDING SIGNAGE; AND PEST BIRD MITIGATION.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Chair Of The Board
$0
Name Not Listed
Treasurer Of The Board
$0
Name Not Listed
Secretary Of The Board
$0
Name Not Listed
Vice Chair Of The Board
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dodd Technologies
Production For Events.
$1,098,735
Innovative
Production For Events.
$805,750
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,448,383
All other contributions, gifts, grants, and similar amounts not included above$8,234,188
Noncash contributions included in lines 1a–1f $7,850,000
Total Revenue from Contributions, Gifts, Grants & Similar$10,682,571
Total Program Service Revenue$0
Investment income $144,334
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $127,164
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,958,530

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