INDIANAPOLIS DOWNTOWN INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
INDIANAPOLIS DOWNTOWN INC (EIN 35-1877771)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202023179349302992
Schema version
2019v5.0
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

FieldValueIRS element (for citing)
Return2020-11-12T11:03:06-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13815 River Crossing Parkway Suite 3AddressLine1Txt
Address Line200AddressLine2Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP462400977ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN351877771EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Indianapolis Downtown IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDIBusinessNameControlTxt
Phone3172372222PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 MONUMENT CIR 250AddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTim BoruffPersonNm
Person TitleVP of Finance & OperationsPersonTitleTxt
Signature2020-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone3175698989PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Sherry SeiwertBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 MONUMENT CIR 250AddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,033,707GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.downtownindy.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionIndianapolis Downtown, Inc. exists to improve downtown Indianapolis. IDI was established to continue the economic, social, and cultural development in downtown Indianapolis by educational, scientific, and charitable means.ActivityOrMissionDesc
Voting Members Governing Body39VotingMembersGoverningBodyCnt
Voting Members Independent39VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers1000TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,964,019PYContributionsGrantsAmt
CY Contributions Grants$195,624CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$381,096PYInvestmentIncomeAmt
CY Investment Income$199,129CYInvestmentIncomeAmt
PY Other Revenue$1,726PYOtherRevenueAmt
CY Other Revenue$2,340CYOtherRevenueAmt
PY Total Revenue$4,346,841PYTotalRevenueAmt
CY Total Revenue$397,093CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,364CYTotalFundraisingExpenseAmt
PY Other Expenses$354,030PYOtherExpensesAmt
CY Other Expenses$1,177,243CYOtherExpensesAmt
PY Total Expenses$354,030PYTotalExpensesAmt
CY Total Expenses$1,177,243CYTotalExpensesAmt
PY Revenues Less Expenses$3,992,811PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$780,150CYRevenuesLessExpensesAmt
Total Assets BOY$9,753,509TotalAssetsBOYAmt
Total Assets EOY$9,782,896TotalAssetsEOYAmt
Total Liabilities BOY$58,559TotalLiabilitiesBOYAmt
Total Liabilities EOY$199,233TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,694,950NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,583,663NetAssetsOrFundBalancesEOYAmt
MissionIndianapolis Downtown, Inc. (IDI) exists to improve downtown Indianapolis. It is action-oriented and addresses critical issues that affect downtown growth and well-being. IDI was established to continue the economic, social, and cultural development in downtown Indianapolis by educational, scientific, and charitable means. IDI serves the general public in the City of Indianapolis, Indiana.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,142,612ExpenseAmt
Grant$0GrantAmt
Revenue$2,340RevenueAmt
DescIndianapolis Downtown, Inc. performs various programs and services that benefit the general public and help manage downtown. These programs include: (1) Safety & Security; (2) Traffic & Transportation and Public Rights-of-Way; and (3) Beautification & Cleanliness. Specific IDI programs include: bike and walking police patrol officers independently contracted to help keep downtown safe, increase police presence and supplement efforts of Indianapolis Metropolitan Police Department (IDI's security partnership convenes public and private security partners to coordinate public safety efforts); planting and maintaining 200 planters and 2 gardens, including Washington St., I-70 Gateway, Jackson Place and Rotary Greenway; maintaining & installing holiday decor on Monument Circle; direction downtown wayfinding signage; and pest bird mitigation.Desc
Total Program Service Expenses$1,142,612TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members39GoverningBodyVotingMembersCnt
Independent Voting Member39IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Tim BoruffBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3172372222PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 Monument Circle Suite 250AddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
Charles Bantz
Chair Thru April 2019 / Director1.0Yes (X)Yes (X)$0$0$0
Joe Whitsett
Director thru April 2019 / Chair1.0Yes (X)Yes (X)$0$0$0
Karen Burns
Treasurer1.0Yes (X)Yes (X)$0$0$01.0
Krista Skidmore
Secretary1.0Yes (X)Yes (X)$0$0$0
Vop Osili
Vice Chair1.0Yes (X)Yes (X)$0$0$0
Adairius Gardner
Director1.0Yes (X)$0$0$0
Amy Conrad Warner
Director1.0Yes (X)$0$0$0
Andrew Baker
Director1.0Yes (X)$0$0$0
Andrew Buroker
Director1.0Yes (X)$0$0$0
Angela Smith Jones
Director - Partial Year1.0Yes (X)$0$0$0
Bill Browne
Director1.0Yes (X)$0$0$0
Brian Burdick
Director1.0Yes (X)$0$0$0
Brian Payne
Director1.0Yes (X)$0$0$0
C Perry Griffith Jr
Director1.0Yes (X)$0$0$0
Craig Huse
Director1.0Yes (X)$0$0$0
Darin Moody
Director1.0Yes (X)$0$0$0
Daryl Graham
Director1.0Yes (X)$0$0$0
David Hakanson
Director1.0Yes (X)$0$0$0
David Lies
Director1.0Yes (X)$0$0$0
Dennis Sponsel
Director1.0Yes (X)$0$0$0
Greg Chester
Director1.0Yes (X)$0$0$0
Isaac Bamgbose
Director1.0Yes (X)$0$0$0
J Albert Smith Jr
Director1.0Yes (X)$0$0$0
Jarrett Jones
Director - Partial Year1.0Yes (X)$0$0$0
Jason Leet
Director1.0Yes (X)$0$0$0
Jerry Semler
Director1.0Yes (X)$0$0$0
Jessica Robertson
Director - Partial Year1.0Yes (X)$0$0$0
Jim Dora Jr
Director1.0Yes (X)$0$0$0
John Griffin
Director - Partial Year1.0Yes (X)$0$0$0
Kalen Irsay Jackson
Director1.0Yes (X)$0$0$0
Keith Shopnick
Director - Partial Year1.0Yes (X)$0$0$0
Korlon Kilpatrick
Director1.0Yes (X)$0$0$0
Kristen Metzger
Director1.0Yes (X)$0$0$0
Leonard Hoops
Director1.0Yes (X)$0$0$0
Michael Wells
Director1.0Yes (X)$0$0$0
Nadine Givens
Director1.0Yes (X)$0$0$0
Nathan Brames
Director1.0Yes (X)$0$0$0
Robert Reynolds
Director1.0Yes (X)$0$0$0
Steve Menser
Director1.0Yes (X)$0$0$0
Steven Humke
Director1.0Yes (X)$0$0$0
Stevi Stoesz Kersh
Director1.0Yes (X)$0$0$0
Tanya Sovinski
Director1.0Yes (X)$0$0$0
Tim Massey
Director1.0Yes (X)$0$0$0
Todd Taylor
Director1.0Yes (X)$0$0$0
Bob Schultz
Vice President39.0Yes (X)$0$128,750$21,5381.0
Sherry Seiwert
President39.0Yes (X)$0$200,957$19,6771.0
Tim Boruff
Vice President Finance & Operations39.0Yes (X)$0$108,774$22,9841.0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$438,481TotReportableCompRltdOrgAmt
Total Other Compensation$64,199TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Dodd Technologies
720 Pioneer Terrace 3200PendletonIN46064Production for events.$1,098,735
Innovative
202 S Main StPendletonIN46064Production for events.$805,750
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$195,624AllOtherContributionsAmt
Total Contributions$195,624TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$154,423TotalRevenueColumnAmt
Exclusion$154,423ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$681,320SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$636,614SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$44,706SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,706TotalRevenueColumnAmt
Exclusion$44,706ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Business900099BusinessCd
Total Revenue Column$2,340TotalRevenueColumnAmt
Related Or Exempt Func Income$2,340RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,340OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$397,093TotalRevenueColumnAmt
Related Or Exempt Func Income$2,340RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$199,129ExclusionAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$19,317TotalAmt
Program Services$19,317ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Downtown Special Projects$780,154$780,154
DOWNTOWN MANAGEMENT SERVICES$313,141$313,141
MANAGEMENT AND GENERAL$33,267$33,267
PROGRAM SUPPORT$30,000$30,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,364TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$1,364FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,177,243TotalAmt
Program Services$1,142,612ProgramServicesAmt
Management And General$33,267ManagementAndGeneralAmt
Fundraising$1,364FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,969,703BOYAmt
EOY$1,985,957EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$15,150EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$421BOYAmt
EOY$7,190EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,484,629LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,484,629EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,547,979BOYAmt
EOY$4,964,564EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,235,406BOYAmt
EOY$1,325,406EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,753,509BOYAmt
EOY$9,782,896EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$58,559BOYAmt
EOY$199,233EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$58,559BOYAmt
EOY$199,233EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,379,942BOYAmt
EOY$2,169,953EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,315,008BOYAmt
EOY$7,413,710EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,694,950BOYAmt
EOY$9,583,663EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,753,509BOYAmt
EOY$9,782,896EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$780,150ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$668,863NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$52,066CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,066CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,526CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,964,019CurrentTaxYearMinus1YearAmt
Current Tax Year$195,624CurrentTaxYearAmt
Total$4,290,301TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$52,066CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,066CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,526CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,964,019CurrentTaxYearMinus1YearAmt
Current Tax Year$195,624CurrentTaxYearAmt
Total$4,290,301TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,775,013SubstantialContributorsTotAmt
Public Support Total170$515,288PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$161,300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$101,464CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$108,564CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$109,340CurrentTaxYearMinus1YearAmt
Current Tax Year$154,423CurrentTaxYearAmt
Total$635,091TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,499CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,986CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,703CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,726CurrentTaxYearMinus1YearAmt
Current Tax Year$2,340CurrentTaxYearAmt
Total$14,254TotalAmt
FieldValueIRS element (for citing)
Total Support$4,939,646TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
Public Support CY1700.1043PublicSupportCY170Pct
Public Support PY1700.1038PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part II, Line 17a 10%-facts-and-circumstances test-2019THE IRS RECORDS INDICATE THAT THE FILING ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF 509(A) OF THE CODE BECAUSE THE ORGANIZATION IS DESCRIBED IN SECTION(S) 509(A)(1) AND 170(B)(1)(A)(VI). FURTHERMORE, 10% OR MORE OF SUPPORT COMES FROM GOVERNMENT AGENCIES, CONTRIBUTIONS FROM THE GENERAL PUBLIC, AND CONTRIBUTIONS OF GRANTS FROM OTHER PUBLIC CHARITIES AND THE FACTS AND CIRCUMSTANCES INDICATE IT IS A PUBLICLY SUPPORTED ORGANIZATION. THE ORGANIZATION GENERALLY SOLICITS FUNDS FROM THE GENERAL PUBLIC / COMMUNITY AND HAS A GOVERNING BODY WHICH REPRSENTS THE BROAD INTEREST OF THE PUBLIC.
Schedule A, Part II, Line 10 Other IncomeDESCRIPTION - MISCELLANEOUS, COLUMN A - 1499.0, COLUMN B - 6986.0, COLUMN C - 1703.0, COLUMN D - 1726.0, COLUMN E - 2340.0, COLUMN F - 14254.0;

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,484,629OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$1,484,629BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,484,629TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDue From IDMIDesc
Book Value$1,325,406BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,325,406TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc
Deferred Rent & Lease Incentives
Due to Indianapolis Downtown Marketing, Inc
FieldValueIRS element (for citing)
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,046,639TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$668,863NetUnrealizedGainsInvstAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$668,863RevenueNotReportedAmt
Revenue Subtotal$377,776RevenueSubtotalAmt
Investment Expenses Not Incld$19,317InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$19,317RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$397,093TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,157,926TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,157,926ExpensesSubtotalAmt
Investment Expenses Not Incld2$19,317InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$19,317ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,177,243TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationIDI 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, 2019 and 2018.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Sherry Seiwert
President$0$200,957$0$0$0$0$0$1,950$0$17,727$0$220,634$0$0
Bob Schultz
Vice President$0$128,750$0$0$0$0$0$3,000$0$18,538$0$150,288$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 3 Arrangement used to establish the top management official's compensationFormAndLineReferenceDesc
ExplanationCompensation for top management is determined by the Executive Committee of Indianapolis Downtown Marketing, Inc. (IDMI). IDMI uses a Compensation committee, Independent compensation consultant, Form 990 of other organizations, Compensation survey study, and Approval by the board or Compensation committee to establish the top management official's compensation.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 15 Process for Determining Compensation of Top OfficialsIndianapolis Downtown, Inc. (IDI) has no employees. The organization's President and Vice President are employees of and paid by Indianapolis Downtown Marketing, Inc. (IDMI), a related organization. Since the organization does not compensate these employees, these questions are not applicable and have been answered no per the instructions.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeAs stated in Section 2.11 (Executive Committee) of the Bylaws, "The Executive Committee shall have and exercise, during intervals between the meetings of the Board of Directors, all powers vested in the Board of Directors."
Form 990, Part VI, Line 11b Review of form 990 by governing bodyForm 990 is prepared by IDI staff and independent accountants and submitted to the IDI Finance & Audit Committee of the IDI Board of Directors. The Finance & Audit Committee reviews and approves Form 990 and submits it to the Board of Directors for approval. The Board of Directors reviews and approves Form 990 before filing.
Form 990, Part VI, Line 12c Conflict of interest policyAll Board Members and employees 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 19 Required documents available to the publicThe organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.
Public Private PartnershipIndianapolis Downtown, Inc. (IDI) and its related organization, Indianapolis Downtown Marketing, Inc. (IDMI), represent a public private partnership. IDI is contracted by the City of Indianapolis to perform specific services consistent with IDI's mission to improve downtown. These services include strategic oversight, community development, security, parking/rights-of-way management and beautification. Private sector and other non-public revenues provide additional funding to IDI and IDMI to carry out services to improve downtown. These private and other non-public revenues comprise 58% of IDI and IDMI's consolidated budget. IDI also serves as the fiscal agent for a task force of public and private sector partners who contract for pest bird mitigation.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Indianapolis Downtown Marketing IncBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 Monument CircleAddressLine1Txt
Address Line2Suite 250AddressLine2Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
EIN351885205EIN
Primary ActivitiesMarketingPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Exempt Code Section501(c)(6)ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Indianapolis Downtown IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Indianapolis Downtown Marketing IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeOTransactionTypeTxt
Involved$130,991InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

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