Overview

Sign up for

Est.

1956

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Minneapolis Downtown Council (EIN: 41-0761732) is a nonprofit organization dedicated to promoting the growth and development of the downtown area and its businesses. With an operating budget of $4.3 million and total revenue of $3.9 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.downtownmpls.com.

Mission Statement

TO PROMOTE THE GROWTH AND DEVELOPMENT OF THE DOWNTOWN AREA AND ITS BUSINESSES.
Revenues
$3.9M
Expenses
$4.3M
Net Income:
-$355.7K
Assets
$1.6M
Liabilities
$1M
Net Assets:
+$609K
Operating Budget
$4.3M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$6K
Largest grant received
$6K
A
Adam Duininck
Board Member
T
Trent Johnson
Board Member
J
Jonathan Wendroff
Board Member

Frequently Asked Questions

What is MINNEAPOLIS DOWNTOWN COUNCIL’s budget?
In 2024, MINNEAPOLIS DOWNTOWN COUNCIL reported an annual operating budget of around $4.3 million. More detailed financial information is available to registered users.
What causes does MINNEAPOLIS DOWNTOWN COUNCIL support?
MINNEAPOLIS DOWNTOWN COUNCIL supports work in Business promotion.
Where does MINNEAPOLIS DOWNTOWN COUNCIL operate?
MINNEAPOLIS DOWNTOWN COUNCIL is headquartered in Minneapolis, MN.
Who funded MINNEAPOLIS DOWNTOWN COUNCIL recently?
In 2024, MINNEAPOLIS DOWNTOWN COUNCIL received grants from MINNEAPOLIS DOWNTOWN IMPROVEMENT DISTRICT, THE MINNEAPOLIS FOUNDATION, and DELTA DENTAL OF MINNESOTA. More information on this organization’s funders is available to registered users.
What is the largest grant MINNEAPOLIS DOWNTOWN COUNCIL received in 2024?
The largest grant to MINNEAPOLIS DOWNTOWN COUNCIL in 2024 exceeds $6,035.
What is MINNEAPOLIS DOWNTOWN COUNCIL’s reliance on government grants?
MINNEAPOLIS DOWNTOWN COUNCIL relied on government grants for more than 15% of their total revenue in 2024.