Overview

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Est.

1982

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Downtown South Bend Inc is a nonprofit organization dedicated to enhancing the vitality of downtown South Bend, Indiana, by providing business resources, support, and initiatives, as well as promoting marketing and events to attract visitors. With an operating budget of $1.2 million and total revenue of $1.3 million for the 2024 filing year, the organization is focused on establishing downtown as a hub for arts, dining, and entertainment. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base. For more information, visit downtownsouthbend.com.

Mission Statement

DOWNTOWN SOUTH BEND, INC. IS COMMITTED TO THE ADVANCEMENT AND VITALITY OF DOWNTOWN THROUGH OFFERING BUSINESS RESOURCES, SUPPORT, INITIATIVES, AND INCENTIVES; PRESENTING MARKETING AND EVENTS TO ATTRACT VISITORS; AND HIGHLIGHTING DOWNTOWN AS THE CENTER FOR ARTS, DINING, AND ENTERTAINMENT.
Revenues
$1.3M
Expenses
$1.3M
Net Income:
+$18K
Assets
$516.3K
Liabilities
$224.8K
Net Assets:
+$291.4K
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$16.3K
Largest grant received
$48.8K
W
Willow Wetherall
Board Member
C
Chris Barth
Board Member
D
Danielle Meersman
Board Member

Frequently Asked Questions

What is DOWNTOWN SOUTH BEND INC’s budget?
In 2024, DOWNTOWN SOUTH BEND INC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
Where does DOWNTOWN SOUTH BEND INC operate?
DOWNTOWN SOUTH BEND INC is headquartered in South Bend, IN.
Who funded DOWNTOWN SOUTH BEND INC recently?
In 2024, DOWNTOWN SOUTH BEND INC received grants from DOWNTOWN SOUTH BEND INC FOUNDATION, Memorial Hospital of South Bend Inc, and MICHIANA PARTNERSHIP INC. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN SOUTH BEND INC received in 2024?
The largest grant to DOWNTOWN SOUTH BEND INC in 2024 exceeds $49 thousand.
What is DOWNTOWN SOUTH BEND INC’s reliance on government grants?
DOWNTOWN SOUTH BEND INC relied on government grants for more than 65% of their total revenue in 2024.