Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Downtown Raleigh Alliance Inc is a nonprofit organization dedicated to advancing the vitality of downtown Raleigh for everyone. With an operating budget of $4.1 million and total revenue of $4 million for the filing year 2025, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.downtownraleigh.org.

Mission Statement

ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.
Revenues
$4M
Expenses
$4.1M
Net Income:
-$42.4K
Assets
$1.8M
Liabilities
$640.6K
Net Assets:
+$1.2M
Operating Budget
$4.1M
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
$1K
Largest grant received
$1K
B
Bill King
Board Member
N
Natalie Batten
Board Member
C
Chris Budnick
Board Member

Frequently Asked Questions

What is DOWNTOWN RALEIGH ALLIANCE INC’s budget?
In 2025, DOWNTOWN RALEIGH ALLIANCE INC reported an annual operating budget of around $4.1 million. More detailed financial information is available to registered users.
Where does DOWNTOWN RALEIGH ALLIANCE INC operate?
DOWNTOWN RALEIGH ALLIANCE INC is headquartered in Raleigh, NC.
Who funded DOWNTOWN RALEIGH ALLIANCE INC recently?
In 2024, DOWNTOWN RALEIGH ALLIANCE INC received grants from KANE REALTY FOUNDATION INC, WakeMed, and REX HOSPITAL INC. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN RALEIGH ALLIANCE INC received in 2024?
The largest grant to DOWNTOWN RALEIGH ALLIANCE INC in 2024 exceeds $1,000.
What is DOWNTOWN RALEIGH ALLIANCE INC’s reliance on government grants?
DOWNTOWN RALEIGH ALLIANCE INC relied on government grants for less than 5% of their total revenue in 2025.