Downtown Greensboro Foundation

Organization Overview

Downtown Greensboro Foundation is located in Greensboro, NC. The organization was established in 2001. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Greensboro 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 06/2022, Downtown Greensboro Foundation generated $563.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $571.7k during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 6 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTS THE EDUCATIONAL, HISTORICAL PRESERVATION AND OTHER EXEMPT PUBLIC EFFORTS OF DOWNTOWN GREENSBORO, INC.

Describe the Organization's Program Activity:

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


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


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


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Board, Officers & Key Employees

Name (title)Compensation
Tracey Myers
Board Chairman
$0
Jeff Yetter
Board Past Chair
$0
Victoria Carlin-Milstein
Board Secretary
$0
Andy Zimmerman
Board Treasurer
$0
Mark Prince
Board Executive Committee
$0
Adrian Smith
Board Executive Committee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $11,500
All other contributions, gifts, grants, and similar amounts not included above$433,707
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$445,207
Total Program Service Revenue$117,623
Investment income $1,115
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 $563,945

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