Downtown Springfield Association FY2023 filing

Not tax-deductible

Springfield, MO501(c)(6)Since 1965Mutual / membership EIN 43-0836959Revenue $444K in FY2023

On file with the IRSitsalldowntown.com134 Park Central Sq Ste 120, 65806-1340 · Springfield, MOTax-exempt since Oct 1972

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The dsa's mission is to cultivate and sustain a vibrant business community represented by a balance of retail, professional, service, dining and entertainment entrepreneurs.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $8K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$101K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$444K
+9% vs prior year
Spent
$457K
To programs
0%
Net assets
$156K
By yearFY2020–FY2025
Revenue
$444K
FY2023▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$363K
FY2021$342K
FY2022$409K
FY2023$444K
FY2024$508K
FY2025$429K
Expenses
$457K
FY2023▲ +28%
Tap a bar for its year
Expenses by fiscal year
FY2020$363K
FY2021$315K
FY2022$358K
FY2023$457K
FY2024$506K
FY2025$543K
Net assets
$156K
FY2023▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$91K
FY2021$119K
FY2022$169K
FY2023$156K
FY2024$158K
FY2025$44K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1972.

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

Who runs it and what they're paid

16 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$92,704Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Raymond Worley—$93,352$92,704$95,778$87,031$90,686
Raymond Worley Resigned$93,428—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Downtown Springfield Association 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 15aNo

Programs and updates

Fosters a thriving business community with diverse shops, services, and entertainment.

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Provided by the organization

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1 program · in their own filed words · FY2022
01

Cultivate and sustain a vibrant business community represented by a balance of retail, professional, service, dining and entertainment entrepreneurs. Total members for the year were 150.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 9 grants · $45K · 2024–2024
Yo SeasoningsFY2024$5,000
Terry's Deluxe Stump GrindingFY2024$5,000
Individual RecipientFY2024$5,000
Individual RecipientFY2024$5,000
Mahogany LLCFY2024$5,000
Genesis Brain CenterFY2024$5,000
Individual RecipientFY2024$5,000
Cog Studios LLCFY2024$5,000
Mama G'S Kitchen DowntownFY2024$5,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$444K
Ln 12
Fees for servicesLn 2g$421K
Gifts and grantsLn 1h$23K
Money outPt IX
$457K
Ln 25
Owns and owesPt X
$156K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$258K
LiabilitiesLn 26$101K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23K
Government grantsLn 1e$10K
Fees for servicesLn 2g$421K
Total revenueLn 12$444K
Assets in detailPt X, end of year
CashLn 1$173K
Cash and savings togetherLn 1–2$173K
Land, buildings, equipmentLn 10c$13K
Total assetsLn 16$258K
LiabilitiesLn 26$101K
Net assetsLn 32$156K
OperationsPt I, VI
EmployeesI 512
VolunteersI 6350
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$216K$173K
Land, buildings, equipmentLn 10c$16K$13K
Total assetsLn 16$269K$258K
LiabilitiesLn 26$100K$101K
Net assetsLn 32$169K$156K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$95K
Other salaries and wagesLn 7$177K
Pension plan contributionsLn 8$2K
Payroll taxesLn 10$20K
Accounting feesLn 11c$7K
Advertising and promotionLn 12$14K
Office expensesLn 13$11K
OccupancyLn 16$23K
Conferences, conventions and meetingsLn 19$772
InterestLn 20$3K
Depreciation, depletion and amortizationLn 22$3K
InsuranceLn 23$11K
Other expenses (24a–d)Ln 24$90K
Total functional expensesLn 25$457K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $429K$543K−$114K$44K 990 PDF
FY2024 $508K$506K$2K$158K 990 PDF
FY2023 Viewing $444K$457K−$13K$156K 990 PDF
FY2022 $409K$358K$51K$169K 990 PDF
FY2021 $342K$315K$27K$119K 990 PDF
FY2020 $363K$363K$124$91K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $444,117 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,594$23,063
I-9 Program service revenuePrior year $342,952$421,054
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $408,546$444,117
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $212,253$293,962
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $145,675$162,934
I-18 Total expensesPrior year $357,928$456,896
I-19 Revenue less expensesPrior year $50,618−$12,779
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $444,117 across 5 lines filed
VIII-1e Government grants$10,054
VIII-1f All other contributions, gifts and grants$13,009
VIII-1h Total contributions, gifts and grants$23,063
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $421,054$421,054
VIII-12 Total revenueRelated to mission $421,054$444,117
Part IX · Statement of functional expenses $456,896 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$95,485
IX-7 Other salaries and wages$176,871
IX-8 Pension plan contributions$1,509
IX-10 Payroll taxes$20,097
IX-11c Accounting fees$7,425
IX-12 Advertising and promotion$13,596
IX-13 Office expenses$11,366
IX-16 Occupancy$22,564
IX-19 Conferences, conventions and meetings$772
IX-20 Interest$2,996
IX-22 Depreciation, depletion and amortization$2,857
IX-23 Insurance$11,042
IX-24 Other expenses (24a–d)$90,316
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$456,896
Part X · Balance sheet $257,932 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $215,959$172,677
X-4 Accounts receivableStart of year $30,891$66,207
X-8 Inventories for sale or useStart of year $6,582$6,082
X-10c Land, buildings and equipment, netStart of year $15,823$12,966
X-16 Total assetsStart of year $269,255$257,932
X-17 Accounts payable and accrued expenses$1,456
X-26 Total liabilitiesStart of year $100,000$101,456
X-27 Net assets without donor restrictionsStart of year $169,255$156,476
X-32 Total net assets or fund balancesStart of year $169,255$156,476
X-33 Total liabilities and net assetsStart of year $269,255$257,932
Part XI · Reconciliation of net assets $156,476 net assets at year end
XI-1 Total revenue$444,117
XI-2 Total expenses$456,896
XI-3 Revenue less expenses−$12,779
XI-4 Net assets at start of year$169,255
XI-10 Net assets at end of year$156,476

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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