INDIANAPOLIS DOWNTOWN MARKETING INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- INDIANAPOLIS DOWNTOWN MARKETING INC (EIN 35-1885205)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202143199349326614
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T18:04:42-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3815 River Crossing Parkway Suite 3 | AddressLine1Txt |
| Address Line2 | 00 | AddressLine2Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400977 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351885205 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Indianapolis Downtown Marketing Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INDI | BusinessNameControlTxt |
| Phone | 3172372222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Monument Cir 250 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tim Boruff | PersonNm |
| Person Title | VP of Finance & Operations | PersonTitleTxt |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Tim | PersonFirstNm |
| Person Last | Boruff | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicole Bencik | PreparerPersonNm |
| PTIN | P00756195 | PTIN |
| Phone | 3175698989 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sherry Seiwert | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Monument Cir 250 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,096,244 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.downtownindy.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | Indianapolis Downtown Marketing, Inc. (IDMI) exists to improve downtown Indianapolis. IDMI focuses on marketing downtown businesses, destinations, organizations, activities and events. | ActivityOrMissionDesc |
| Voting Members Governing Body | 52 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 52 | VotingMembersIndependentCnt |
| Total Employee | 33 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $621,806 | PYContributionsGrantsAmt |
| CY Contributions Grants | $419,660 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,424,351 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $875,005 | CYProgramServiceRevenueAmt |
| PY Investment Income | $69,288 | PYInvestmentIncomeAmt |
| CY Investment Income | $109,200 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,121 | PYOtherRevenueAmt |
| CY Other Revenue | $642 | CYOtherRevenueAmt |
| PY Total Revenue | $2,119,566 | PYTotalRevenueAmt |
| CY Total Revenue | $1,404,507 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,184,864 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,085,018 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,246,426 | PYOtherExpensesAmt |
| CY Other Expenses | $745,704 | CYOtherExpensesAmt |
| PY Total Expenses | $2,431,290 | PYTotalExpensesAmt |
| CY Total Expenses | $1,830,722 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$311,724 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$426,215 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,735,980 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,642,318 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,884,314 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,100,787 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $851,666 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $541,531 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Indianapolis Downtown Marketing, Inc. (IDMI) exists to improve downtown Indianapolis. IDMI focuses on marketing downtown businesses, destinations, organizations, activities and events. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | Downtown Marketing & Communications - Indianapolis Downtown Marketing, Inc. (IDMI) coordinates and disseminates information about downtown events, activities, organizations, safety, access and beautification to inform and attract Central Indiana residents, workers and visitors. IDMI produces and distributes several communications tools, including maps and electronic newsletters. IDMI also produces advertising and earned media in various publications and manages an organization website to showcase downtown. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Circle of Lights - Indianapolis Downtown Marketing, Inc. manages Circle of Lights, downtown Indianapolis' holiday decor and cross-marketing activities. Seasonal events, traditions and activities are highlighted by the annual lighting ceremony, traditionally held the day after thanksgiving. Promotional and marketing efforts support holiday season activities. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 33 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 52 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 52 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tim Boruff | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3172372222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Monument Circle Suite 250 | AddressLine1Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| Brittany Smith | |||||||
| Director/Chair-eff 8/2020 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Malina Simmone-Jeffers | |||||||
| Director/Vice Chair-eff 8/2020 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Amy Lamb | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Amy Vaughn | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Andy Klotz | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Ashley Miser | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Becca Manolov | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Ben Snyder | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Bert Beiswanger | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Bill Brooks | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Bob St Charles | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Brent Frymier | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Bryn Jones | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Charlie Henry | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Chris Gahl | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Chris Ratay | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Courtney Arango | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Craig Mince | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Danielle Dove | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Debbie Hennessey | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Dennis Woerner | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth Belange | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Emily Kibling | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Ethan Brown | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Greg Bires | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Greg Kiley | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jacqueline Eckhardt | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer Boehm | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer Imes | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer Pittman | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jenny Cash | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Joe Pellman | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| John McDonald | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Jonathan Allinson | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Josh Mason | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Joshua Shuck | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Julie Schaeffer | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Kara Kovert-Prey | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Kelly Dodds | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Kelly Young | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Kim Howell | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Kyle Johnson | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Lamar Holliday | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Lauren Day | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Lesley Gordon | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Lisa Townsend | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Lorna Nicol | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Lorraine Vavul | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Madeline Moyer | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Mary Azar-Callahan | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Meredith Easley | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Michael Brouder | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Michelle Klein | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Michelle Manard | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Mindy Woolman | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Monique Wise | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Nicole Duncan | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Polina Osherov | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Ramona Adams | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Raven Reckley | |||||||
| Director-thru 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Sabrina List | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Sarah Myer | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Sharon Smith | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Sherrell Robinson | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Stephanie Pemberton | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Stevi Stoesz-Kersh | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Tamara Cypress | |||||||
| Director-eff 8/2020 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Zachary Lockett | |||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| Bob Schultz | |||||||
| Vice President | 1.0 | Yes (X) | $137,605 | $0 | $22,629 | 39.0 | |
| Sherry Seiwert | |||||||
| President | 1.0 | Yes (X) | $239,875 | $0 | $20,615 | 39.0 | |
| Tim Boruff | |||||||
| Vice President Finance & Operations | 1.0 | Yes (X) | $119,488 | $0 | $23,652 | 39.0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $496,968 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $66,896 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dodd Technologies Inc | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 720 W Pioneer Trace Suite 200 | AddressLine1Txt |
| City | Pendleton | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Event production services | ServicesDesc |
| Compensation | $167,400 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $419,660 | AllOtherContributionsAmt |
| Total Contributions | $419,660 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Membership Dues | 900099 | $694,000 | $694,000 |
| Georgia Street Revenue | 900099 | $181,005 | $181,005 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $875,005 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,714 | TotalRevenueColumnAmt |
| Exclusion | $38,714 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $762,223 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $691,737 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $70,486 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,486 | TotalRevenueColumnAmt |
| Exclusion | $70,486 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $642 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $642 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $642 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,404,507 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $875,647 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $109,200 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $563,864 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,487 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,548 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,119 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,850 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,243 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,774 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,764 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,869 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,914 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,182 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,957 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,311 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,320 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,096 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| MANAGEMENT AND GENERAL | $239,387 |
| EVENTS | -$75,367 |
| AWARDS AND RECOGNITION | $17,531 |
| FUNDRAISING | $35,364 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,499 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,830,722 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,580 | BOYAmt |
| EOY | $296,493 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,852 | BOYAmt |
| EOY | $283,054 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,999 | BOYAmt |
| EOY | $31,061 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $688,479 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $592,408 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,391 | BOYAmt |
| EOY | $96,071 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,013,158 | BOYAmt |
| EOY | $1,935,639 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,735,980 | BOYAmt |
| EOY | $2,642,318 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,601 | BOYAmt |
| EOY | $150,288 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,989 | BOYAmt |
| EOY | $155,502 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,434,724 | BOYAmt |
| EOY | $1,794,997 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,884,314 | BOYAmt |
| EOY | $2,100,787 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $851,666 | BOYAmt |
| EOY | $541,531 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $851,666 | BOYAmt |
| EOY | $541,531 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,735,980 | BOYAmt |
| EOY | $2,642,318 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$426,215 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $116,080 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,988 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $21,988 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $666,491 | OtherCostOrOtherBasisAmt |
| Depreciation | $592,408 | DepreciationAmt |
| Book Value | $74,083 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $96,071 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred Rent & Lease Incentives | $109,281 |
| Due to IDI | $1,685,716 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,794,997 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,240,494 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $116,080 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $729,150 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $845,230 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,395,264 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $9,243 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $9,243 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,404,507 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,550,629 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $729,150 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $729,150 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,821,479 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $9,243 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $9,243 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,830,722 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | Indianapolis Downtown Marketing, Inc. (IDMI) serves as the fiscal agent for the Pest Bird Task Force (Task Force), which consists of property owners and building managers in downtown Indianapolis, IN. The Task Force has contracted with the USDA to monitor and relocate the pest birds in downtown Indianapolis, IN. IDMI collects donations from members of the Task Force, and will pay the USDA for their services. IDMI has no obligation to the Task Force or the USDA beyond holding of the funds. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | IDI is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. IDMI is exempt from income taxes on income from related activities under Section 501(c)(6) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. Additionally, neither IDI nor IDMI has been determined to be a private foundation under Section 509(a) of the Internal Revenue Code. The guidance requires the Organization to recognize a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount that would be recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. The Organization does not expect their position of no uncertain tax positions to change in the next 12 months. The Organization recognizes interest and/or penalties related to income tax matters in income tax expense. The Organization did not have any amounts accrued for interest and penalties at December 31, 2020 and 2019. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sherry Seiwert | ||||||||||||||
| President | $239,875 | $0 | $0 | $0 | $0 | $0 | $1,950 | $0 | $18,665 | $0 | $260,490 | $0 | $0 | $0 |
| Bob Schultz | ||||||||||||||
| Vice President | $137,605 | $0 | $0 | $0 | $0 | $0 | $3,000 | $0 | $19,629 | $0 | $160,234 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 6 Classes of members or stockholders | Indianapolis Downtown, Inc. (IDI) is the sole corporate member of Indianapolis Downtown Marketing, Inc. (IDMI). IDI elects the IDMI Board of Directors. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | See narrative for Part VI, Section A, Line 6. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | Indianapolis Downtown Marketing, Inc. (IDMI) Board of Directors authorized the Chairman of the Board to review and approve the Form 990 on their behalf. The Form 990 is further reviewed and approved by the Finance & Audit Committee and Board of Directors of Indianapolis Downtown, Inc., the sole corporate member. The Board of Directors of IDMI will receive a copy of the approved Form 990 via email link before it is filed. |
| Form 990, Part VI, Line 12c Conflict of interest policy | All Board Members and officers individually complete conflict of interest statements annually. The President and Board Chair review and analyze all statements for potential conflicts. Conflicts are appropriately noted as business is conducted with these individuals. Internal controls require a hierarchy of approvals for expenses before incurred. This affords a cross check for the appropriateness of the transaction. If any conflict is identified in Board or Committee action, the Board or committee member refrains from voting. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The Executive Committee of the Board of Directors is authorized to serve as the Compensation Committee by the Board of Directors. The Executive Committee annually evaluates the President's performance based on established performance objectives. The committee reviews local and national comparable data for private, public and not-for-profit positions of similar skills and tenure including comprehensive data compiled and provided regularly by an independent third party. The Executive Committee approves compensation adjustments for the President and reviews with the Board of Directors. The deliberations and decisions are documented in the committee minutes. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The Executive Committee and Board of Directors also annually review and approve compensation adjustments for all IDMI employees and officers following a similarly deliberative process as described above. The President prepares individual employee compensation adjustment recommendations based on the organization's documented evaluation system and comparable data provided regularly by an independent third party. Recommendations are within a total compensation amount defined by the IDMI Finance Committee. The Executive Committee reviews and approves the compensation adjustment and reviews with Board of Directors. The deliberations and decisions are documented in the committee minutes. |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Indianapolis Downtown Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Monument Circle | AddressLine1Txt |
| Address Line2 | Suite 250 | AddressLine2Txt |
| City | Indianapolis | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351877771 | EIN |
| Primary Activities | Downtown Management | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
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