Houston Downtown Improvement Inc
- Assets
- $159.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/1983
- Data as of
- 09/2021
- EIN
- 74-2194786
Organization Overview
Houston Downtown Improvement Inc is located in Houston, TX. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Houston Downtown Improvement 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 09/2021, Houston Downtown Improvement Inc generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (40.8%) each year. All expenses for the organization totaled $6.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (45.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THEATER DISTRICT OPEN HOUSE IS AN ANNUAL EVENT HELD IN LATE AUGUST. THE EVENT IS FREE TO THE PUBLIC AND INCLUDES PERFORMANCES, BACK STAGE TOURS, INTERACTIVE EXHIBITS, AND CULMINATED IN A SYMPHONY PERFORMANCE AT THE END OF THE DAY. THE GOAL OF THE EVENT IS TO RAISE AWARENESS OF AND FAMILIARITY WITH THE THEATER DISTRICT AS A WHOLE, AND TO ENCOURAGE PATRONAGE OF THE THEATER DISTRICT. DUE TO THE COVID-19 PANDEMIC, ALL THEATERS IN THE DISTRICT WERE CLOSED AND THE EVENT WAS CANCELED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hillary Hart Vice Chair | 0.5 | $0 | |
James Nelson Chair | 10 | $0 | |
Dean Gladden Treasurer | 0.5 | $0 | |
John Mangum Secretary | 0.5 | $0 | |
Rachel Applegate Director | 0.5 | $0 | |
Brandon Bell Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,036 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $292 |
| Total Revenue | $16,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,980 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $577 |
| Total expenses | $6,557 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,720 |
| Other assets | $0 |
| Total assets | $159,720 |
| Total liabilities | $5,980 |
| Net assets or fund balances | $153,740 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Houston Downtown Improvement Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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