Overview

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Est.

1997

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Downtown Business Improvement District Corporation (EIN: 52-2053279) is dedicated to enhancing the economic vitality of its members within the Downtown BID, focusing on agriculture-related initiatives. With an operating budget of $15.8 million and total revenue of $14.7 million for the 2024 filing year, the organization demonstrates a robust financial scale, although it relies on significant funding from unknown sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.downtowndc.org.

Mission Statement

TO ENHANCE THE ECONOMIC VITALITY OF THE MEMBERS OF THE DOWNTOWN BID.
Revenues
$14.7M
Expenses
$15.8M
Net Income:
-$1.1M
Assets
$16.5M
Liabilities
$9.9M
Net Assets:
+$6.6M
Operating Budget
$15.8M
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
1
Median grant size
$302K
Largest grant received
$302K
G
Gerren Price
Board Member
L
Lulu Liu
Board Member
C
Chase Rynd
Board Member

Frequently Asked Questions

What is DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION’s budget?
In 2024, DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION reported an annual operating budget of around $15.8 million. More detailed financial information is available to registered users.
What causes does DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION support?
DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION supports work in Agriculture.
Where does DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION operate?
DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION is headquartered in Washington, DC.
Who funded DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION recently?
In 2024, DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION received grants from DOWNTOWNDC FOUNDATION, DOWNTOWNDC FOUNDATION, and DOWNTOWNDC FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION received in 2024?
The largest grant to DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION in 2024 exceeds $302 thousand.
What is DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION’s reliance on government grants?
DOWNTOWN BUSINESS IMPROVEMENT DISTRICT CORPORATION relied on government grants for less than 5% of their total revenue in 2024.