Vibrant & Safe Downtown FY2020 filing

Tax-deductible

Minneapolis, MN501(c)(3)Crime & LegalEIN 20-5357228Revenue $529K in FY2020

On file with the IRS81 S 9th St Ste 260, 55402-3266 · Minneapolis, MNTax-exempt since Dec 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Collaborates and offers services that increase the vibrancy and safety of Downtown minneapolis.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $424 a year · under 1% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $286K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
69
of 70 voting members
Looks good: 69 of 70 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$529K
Spent
$285K
To programs
93%
Net assets
$305K
By yearFY2020–FY2024
Revenue
$529K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$529K
FY2021$1.9M
FY2022$345K
FY2023$1.8M
FY2024$939K
Expenses
$285K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$285K
FY2021$2.0M
FY2022$388K
FY2023$1.9M
FY2024$948K
Net assets
$305K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$305K
FY2021$179K
FY2022$137K
FY2023$68K
FY2024$60K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $266K Management & general 7% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

79 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Vibrant & Safe Downtown executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Collaborates with public and private partners to reduce crime and boost vibrancy in downtown Minneapolis through safety initiatives, including a shared security radio network.

Questions for Vibrant & Safe Downtown

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Provided by the organization

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1 program · $266K · in their own filed words · FY2020
01

Enhanced safety and vibrancy of downtown through collaborations with public and private sectors aided to reduce crime in the downtown core through involvement in over 35 various initiatives and strategies including managing the radiolink program, a network of over 60 private security personnel.

$266Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 106 grants · $4.2M · 2020–2024
Minneapolis Downtown CouncilFY2024$371,777
Marketing Minneapolis LLCFY2024$256,236
Minneapolis Police FederationFY2024$5,500
Minneapolis Downtown CouncilFY2023$1,632,500
Minneapolis Police FederationFY2023$29,500
Minneapolis Downtown CouncilFY2022$105,000
Minneapolis Downtown CouncilFY2022$50,000
Minneapolis Police FoundationFY2022$7,500
Minneapolis Downtown CouncilFY2021$162,500
Zb Restaurant Group LLC (dba Zen Box Izakaya)FY2021$20,000
Wolf & Raven LLC DBA Devil's AdvocateFY2021$20,000
Vellee Deli LLCFY2021$20,000
Union Hospitality LLCFY2021$20,000
Toro Restaurant LLC DBA BarrioFY2021$20,000
Thomas Joseph and SonsFY2021$20,000
The Sixth Street Brothers Deli INCFY2021$20,000
The News RoomFY2021$20,000
See all 106 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$529K
Ln 12
Gifts and grantsLn 1h$529K
Money outPt IX
$285K
Ln 25
Programscol B$266K
Managementcol C$19K
Owns and owesPt X
$305K
net assets · Ln 32
Cash and savingsLn 1–2$286K
Total assetsLn 16$315K
LiabilitiesLn 26$10K
PeoplePt VI, VII
79
listed · VII A
PaidVII A0
Voting boardVI 1a70
IndependentVI 1b69
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$529K
Total revenueLn 12$529K
Assets in detailPt X, end of year
CashLn 1$286K
Cash and savings togetherLn 1–2$286K
Land, buildings, equipmentLn 10c$11K
Total assetsLn 16$315K
LiabilitiesLn 26$10K
Net assetsLn 32$305K
OperationsPt I, VI
EmployeesI 50
VolunteersI 685
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$48K$286K
Land, buildings, equipmentLn 10c$13K$11K
Total assetsLn 16$188K$315K
LiabilitiesLn 26$125K$10K
Net assetsLn 32$62K$305K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$105K$105K
Other salaries and wagesLn 7$50K$34K$16K
Other fees for servicesLn 11g$102K$102K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$8K$7K$593
OccupancyLn 16$3K$3K
Depreciation, depletion and amortizationLn 22$10K$10K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$285K$266K$19K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $939K$948K−$9K$60K 990 PDF
FY2023 $1.8M$1.9M−$68K$68K 990 PDF
FY2022 $345K$388K−$42K$137K 990 PDF
FY2021 $1.9M$2.0M−$126K$179K 990 PDF
FY2020 Viewing $529K$285K$243K$305K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $528,664 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $649,595$528,664
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $649,595$528,664
I-13 Grants and similar amounts paidPrior year $355,182$104,654
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $54,000$49,950
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $332,530$130,838
I-18 Total expensesPrior year $741,712$285,442
I-19 Revenue less expensesPrior year −$92,117$243,222
Part VI · Governance 69 of 70 board members independent, no flags
VI-1a Voting members of the governing body70
VI-1b Independent voting members69
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $528,664 across 4 lines filed
VIII-1d Related organizations$87,819
VIII-1f All other contributions, gifts and grants$440,845
VIII-1h Total contributions, gifts and grants$528,664
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$528,664
Part IX · Statement of functional expenses $285,442 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $104,654$104,654
IX-7 Other salaries and wagesPrograms $34,187 · Management $15,763$49,950
IX-11g Other fees for servicesPrograms $102,038$102,038
IX-12 Advertising and promotionPrograms $3,120$3,120
IX-13 Office expensesPrograms $7,015 · Management $593$7,608
IX-16 OccupancyManagement $2,731$2,731
IX-22 Depreciation, depletion and amortizationPrograms $10,305$10,305
IX-24 Other expenses (24a–d)Programs $5,036$5,036
IX-25 Total functional expensesPrograms $266,355 · Management $19,087 · Fundraising $0$285,442
Part X · Balance sheet $315,386 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $47,754$285,906
X-4 Accounts receivableStart of year $102,441$15,058
X-9 Prepaid expenses and deferred chargesStart of year $24,194$3,391
X-10c Land, buildings and equipment, netStart of year $13,112$11,031
X-16 Total assetsStart of year $187,501$315,386
X-17 Accounts payable and accrued expensesStart of year $125,446$10,109
X-26 Total liabilitiesStart of year $125,446$10,109
X-27 Net assets without donor restrictionsStart of year −$931$7,916
X-28 Net assets with donor restrictionsStart of year $62,986$297,361
X-32 Total net assets or fund balancesStart of year $62,055$305,277
X-33 Total liabilities and net assetsStart of year $187,501$315,386
Part XI · Reconciliation of net assets $305,277 net assets at year end
XI-1 Total revenue$528,664
XI-2 Total expenses$285,442
XI-3 Revenue less expenses$243,222
XI-4 Net assets at start of year$62,055
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$305,277

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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