2020-11-12T11:02:48-06:00 2019-12-31 350921680 CROWE LLP 3815 River Crossing Parkway Suite 3 00 Indianapolis IN 462400977 990 2019-01-01 351885205 Indianapolis Downtown Marketing Inc INDI 3172372222 111 Monument Cir 250 Indianapolis IN 46204 Tim Boruff VP of Finance & Operations 2020-11-12 true Nicole Bencik P00756195 3175698989 2019 2021-04-22 16:20:28Z Sherry Seiwert 111 Monument Cir 250 Indianapolis IN 46204 4022107 false X www.downtownindy.org X 1993 IN Indianapolis Downtown Marketing, Inc. (IDMI) exists to improve downtown Indianapolis. IDMI focuses on marketing downtown businesses, destinations, organizations, activities and events. 55 55 31 0 0 0 588145 621806 1441460 1424351 163812 69288 4377 4121 2197794 2119566 0 0 1328054 1184864 0 0 1495203 1246426 2823257 2431290 -625463 -311724 2648251 2735980 1757188 1884314 891063 851666 Indianapolis Downtown Marketing, Inc. (IDMI) exists to improve downtown Indianapolis. IDMI focuses on marketing downtown businesses, destinations, organizations, activities and events. false false 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. 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. 0 false true false false false false false true false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 2 0 true 31 true false false false false false false false false X 55 55 false false false false true true false true true false false true true true true true true true true false IN X Tim Boruff 3172372222 111 Monument Circle Suite 250 Indianapolis IN 46204 X Chris Ratay Vice Chair 1.0 X X 0 0 0 Stevi Stoesz-Kersh Chair 1.0 X X 0 0 0 Amy Lamb Director 1.0 X 0 0 0 Amy Vaughan Director 1.0 X 0 0 0 Andy Klotz Director 1.0 X 0 0 0 Becca Manolov Director 1.0 X 0 0 0 Bert Beiswanger Director 1.0 X 0 0 0 Bill Brooks Director 1.0 X 0 0 0 Bob StCharles Director 1.0 X 0 0 0 Brent Frymier Director 1.0 X 0 0 0 Brittany Smith Director 1.0 X 0 0 0 Bryn Jones Director 1.0 X 0 0 0 Charlie Henry Director 1.0 X 0 0 0 Chris Gahl Director 1.0 X 0 0 0 Craig Mince Director 1.0 X 0 0 0 Danielle Dove Director 1.0 X 0 0 0 Debbie Hennessey Director 1.0 X 0 0 0 Dennis Woerner Director 1.0 X 0 0 0 Elizabeth Belange Director 1.0 X 0 0 0 Emily Kibling Director 1.0 X 0 0 0 Ethan Brown Director 1.0 X 0 0 0 Greg Bires Director 1.0 X 0 0 0 Jennifer Boehm Director 1.0 X 0 0 0 Jennifer Pittman Director 1.0 X 0 0 0 Joe Pellman Director 1.0 X 0 0 0 John McDonald Director 1.0 X 0 0 0 Jonathan Allinson Director 1.0 X 0 0 0 Joshua Shuck Director 1.0 X 0 0 0 Julie Schaefer Director 1.0 X 0 0 0 Kara Kovert Director 1.0 X 0 0 0 Karen Burns Director - Partial Year 1.0 1.0 X 0 0 0 Kelly Dodds Director 1.0 X 0 0 0 Kelly Young Director 1.0 X 0 0 0 Kim Howell Director 1.0 X 0 0 0 Kyle Johnston Director 1.0 X 0 0 0 LaMar Holliday Director 1.0 X 0 0 0 Lauren Day Director 1.0 X 0 0 0 Lisa Townsend Director 1.0 X 0 0 0 Lorraine Vavul Director 1.0 X 0 0 0 Malina Simone-Jeffers Director 1.0 X 0 0 0 Mary Azar-Callahan Director 1.0 X 0 0 0 Meredith Easley Director 1.0 X 0 0 0 Michael Brouder Director 1.0 X 0 0 0 Michelle Klein Director 1.0 X 0 0 0 Michelle Manard Director 1.0 X 0 0 0 Mindy Woolman Director 1.0 X 0 0 0 Nicole Duncan Director 1.0 X 0 0 0 Polina Osherov Director 1.0 X 0 0 0 Ramona Adams Director 1.0 X 0 0 0 Raven Reckley Director 1.0 X 0 0 0 Sabrina List Director 1.0 X 0 0 0 Sarah Myer Director 1.0 X 0 0 0 Sharon Smith Director 1.0 X 0 0 0 Sherrell Robinson Director 1.0 X 0 0 0 Stephanie Pemberton Director 1.0 X 0 0 0 Zachary Lockett Director 1.0 X 0 0 0 Bob Schultz Vice President 1.0 39.0 X 128750 0 21538 Sherry Seiwert President 1.0 39.0 X 200957 0 19677 Tim Boruff Vice President Finance & Operations 1.0 39.0 X 108774 0 22984 438481 0 64199 3 false true false Dodd Technologies Inc 720 W Pioneer Trace Suite 200 Pendleton IN 46064 Event production services 134800 1 621806 621806 Membership Dues 900099 747200 747200 Georgia Street Revenue 900099 677151 677151 0 0 0 0 1424351 50669 50669 0 0 1921160 1902541 18619 0 18619 18619 Other Revenue 900099 4121 4121 0 0 0 0 4121 2119566 1428472 0 69288 502680 523735 88467 69982 1500 39395 7567 45728 0 0 0 84195 31842 38291 357793 5633 13584 37429 50615 MANAGEMENT AND GENERAL 232976 EVENTS 185512 AWARDS AND RECOGNITION 19073 FUNDRAISING 8094 87199 0 0 0 2431290 0 0 0 250343 109580 331175 451852 0 0 0 0 29731 30999 688479 558088 167820 130391 1869182 2013158 0 0 0 0 2648251 2735980 310477 271601 144788 177989 0 0 1301923 1434724 1757188 1884314 X 891063 851666 891063 851666 2648251 2735980 -311724 272327 0 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 21988 0 21988 666491 558088 108403 130391 Deferred Rent & Lease Incentives 109318 Due to IDI 1325406 1434724 X 3710426 272327 1326100 0 1598427 2111999 7567 0 7567 2119566 3749823 1326100 0 1326100 2423723 7567 0 7567 2431290 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, 2019 and 2018. X X X X X false false false Sherry Seiwert President 200957 0 0 0 0 0 1950 0 17727 0 220634 0 0 0 Bob Schultz Vice President 128750 0 0 0 0 0 3000 0 18538 0 150288 0 0 0 Form 990, Part VI, Line 1a Delegate broad authority to a committee As stated in Section 4.11 (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 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. Indianapolis Downtown Inc 111 Monument Circle Suite 250 Indianapolis IN 46204 351877771 Downtown Management IN 501(c)(3) 7 NA false false false false false false false false false false false false true true true true true true false false