Discover Downtown Petersburg Inc is located in Petersburg, IN. The organization was established in 2016. 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. Discover Downtown Petersburg 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 12/2021, Discover Downtown Petersburg Inc generated $26.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $8.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 5 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
BRINGING AWARENESS TO AND PUBLICIZE THE DOWNTOWN AREAOF PETERSBURG, INDIANA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Heuring Vice President | 1 | $0 | |
Jo Hadley President | 1 | $0 | |
Tammy Selby Sec/treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $26,015 |
Total Program Service Revenue | $680 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $26,695 |
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 | $240 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,099 |
Total expenses | $8,339 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $41,366 |
Other assets | $0 |
Total assets | $53,693 |
Total liabilities | $0 |
Net assets or fund balances | $53,693 |
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