Downtown Kansas City Civic Ventures EIN 26-4136368

Downtown Kansas City Civic Ventures

EIN  26-4136368 Public charity (501(c)(3)) Kansas City, MO
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Improves downtown Kansas City through education, services for the homeless, and making the city clean and attractive.
Leadership
Charlie Miller · Secretary
Money in and out
$973K revenue, $954K expenses
Bottom line
99% program efficiency

Improves downtown Kansas City through education, services for the homeless, and making the city clean and attractive. For fiscal year 2024 it reported $973K in revenue, $954K in expenses, and $951K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$973K
Pt VIII · Ln 12
Total expenses
$954K
Pt IX · Ln 25
Net assets
$951K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.00 Fundraising $0.01
Program efficiency
99%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▲ +74% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +125% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$973K
FY2024▼ -19%
Expenses
$954K
FY2024▼ -27%
Total assets
$1.0M
FY2024▲ +7%
Total liabilities
$55K
FY2024▲ +814%
Total revenue
$973K
Pt VIII · Ln 12
Total expenses
$954K
Pt IX · Ln 25
Net assets
$951K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$19K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $942K of program spending, described in the organization's own filed words · FY2024.
01

Launch Kc

Attract tech entrepreneurs and their early stage businesses to ESTABLISH/GROW their new and emerging businesses in kansas city.

$553Kprogram expense
02

Office Space

Provide a building available for rent to other nonprofit organizations providing social and community services to persons who are homeless or at risk of homelessness.

$389Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDowntown Kansas City Civic Ventures
EINHdr · item D26-4136368
Principal addressHdr · item CKansas City, MO
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P85)
Ruling yearIRS BMFSep 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director/Top Management of
$0Pt VII · Sec A
Top Financial Official
$0Pt VII · Sec A
See Downtown Kansas City Civic Ventures executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$973K
Total revenueLn 12$973K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.00 Fundraising $0.01
Program services99%$942K
Management & general$239
Fundraising1%$12K
Total functional expensesLn 25$954K

Balance Sheet

Part X · end of year
CashLn 1$316K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$55K
Total net assetsLn 32$951K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $316K · Operating expenses/yr $954K
4.0 months
Where the money goes
Program services
Program services $942K · Total expenses $954K
99%
Management & General
Management & general $239 · Total expenses $954K
0%
Fundraising
Fundraising $12K · Total expenses $954K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $1.0M
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $973K · Total revenue $973K
100%
Government reliance
Government grants — · Total revenue $973K
Earned-income share
Program service revenue $0 · Total revenue $973K
0%
Investment reliance
Investment income $0 · Total revenue $973K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $954K
0%
Growth & trend
Revenue growth (YoY)
This year $973K · Prior year $1.2M
-19%
Revenue CAGR
FY2020 $392K · FY2024 $973K
+26%
Net-asset trend (YoY)
End of year $951K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $973K · Expenses $954K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $951K · Total assets $1.0M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charlie Miller · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $954K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $954K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0%
Fundraising cost ratio 1%
Revenue growth -19%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$415K
See all 3 funders →
Grants paid · 35 grants · $1.3M · 2022–2024
Sra Health INCFY2024$50,000
Raven Space Systems INCFY2024$50,000
Lotus TmsFY2024$50,000
Heft IqFY2024$50,000
Foresight Reporting INCFY2024$50,000
Codealgo LLCFY2024$50,000
Nourish KcMO · FY2024$25,000
Storytailor INCFY2024$10,000
Integrity Capital ManagementFY2024$10,000
Good Oak LLCFY2024$10,000
Godfrey Riddle DBA Civic SaintFY2024$10,000
ConnectivitiesFY2024$10,000
Cobuild LLCFY2024$10,000
Base Academy of MusicMO · FY2024$10,000
Seeinme INCFY2023$50,000
Inventxyz CorporationFY2023$50,000
Matchrite Care LLCFY2023$50,000
See all 35 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$973K revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$847K revenue · ⤓ 990 PDF
FY2021$486K revenue · ⤓ 990 PDF
FY2020$392K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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