Downtown Lincoln Foundation

Organization Overview

Downtown Lincoln Foundation is located in Lincoln, NE. The organization was established in 1991. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Downtown Lincoln Foundation 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 08/2023, Downtown Lincoln Foundation generated $150.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $852.0 during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 8 years. 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

THE FOUNDATION SUPPORTS THE CITY OF LINCOLN AND DOWNTOWN LINCOLN, NEBRASKA BY PROVIDING OPPORTUNITIES FOR OBTAINING GIFTS, GRANTS OR OTHER FUNDS TO BE USED FOR SPECIAL PROJECTS BENEFITTING DOWNTOWN LINCOLN, NEBRASKA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MAINTAINS AND DISPLAYS HOLIDAY DECORATIONS FOR THE DOWNTOWN COMMUNITY IN SUPPORT OF THE ACTIVITIES OF THE DOWNTOWN LINCOLN ASSOCIATION AND AFFILIATED ENTITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Fougeron
Chair
$0
Kim Sturzenegger
Secretary
$0
Lynette Nelson
Treasurer
$0
Robert Campbell II
Director
$0
Tom Klein
Director
$0
Ann Ringlein
Director
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $150
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 $150

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