Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Downtown Detroit Partnership Inc, with EIN 38-3436456, is a nonprofit organization focused on community improvement in Detroit's urban core. With an operating budget of $16.4 million and total revenue of $21.8 million for the 2024 filing year, the organization drives engagement, development, and programs that benefit businesses, residents, and visitors. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.downtowndetroit.org.

Mission Statement

TO ADVANCE DETROIT BY DRIVING ENGAGEMENT, DEVELOPMENT AND PROGRAMS THAT BENEFIT BUSINESSES, RESIDENTS AND VISITORS THROUGHOUT THE DOWNTOWN'S URBAN CORE.
Revenues
$21.8M
Expenses
$22.7M
Net Income:
-$934.3K
Assets
$8.2M
Liabilities
$5.7M
Net Assets:
+$2.5M
Operating Budget
$16.4M
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
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
20
Median grant size
$87.5K
Largest grant received
$2.5M
E
Eric B Larson
Board Member
C
Cari Easterday-Kar
Board Member
A
Andra Rush
Board Member

Frequently Asked Questions

What is DOWNTOWN DETROIT PARTNERSHIP INC’s budget?
In 2024, DOWNTOWN DETROIT PARTNERSHIP INC reported an annual operating budget of around $16.4 million. More detailed financial information is available to registered users.
What causes does DOWNTOWN DETROIT PARTNERSHIP INC support?
DOWNTOWN DETROIT PARTNERSHIP INC supports work in Community improvement.
Where does DOWNTOWN DETROIT PARTNERSHIP INC operate?
DOWNTOWN DETROIT PARTNERSHIP INC is headquartered in Detroit, MI.
Who funded DOWNTOWN DETROIT PARTNERSHIP INC recently?
In 2024, DOWNTOWN DETROIT PARTNERSHIP INC received grants from THE GILBERT FAMILY FOUNDATION, WILLIAM DAVIDSON FOUNDATION, and COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN DETROIT PARTNERSHIP INC received in 2024?
The largest grant to DOWNTOWN DETROIT PARTNERSHIP INC in 2024 exceeds $2.5 million.
What is DOWNTOWN DETROIT PARTNERSHIP INC’s reliance on government grants?
DOWNTOWN DETROIT PARTNERSHIP INC relied on government grants for more than 40% of their total revenue in 2024.