Downtown Now: FY2020 Nonprofit Profile & Form 990 (EIN 43-1874939)

Revenue by fiscal year
FY2020	$244K
FY2021	$177K
FY2022	$39K
FY2023	$265K
FY2024	$112K

Expenses by fiscal year
FY2020	$326K
FY2021	$304K
FY2022	$141K
FY2023	$357K
FY2024	$164K

Net assets by fiscal year
FY2020	$6.1M
FY2021	$6.0M
FY2022	$5.9M
FY2023	$5.8M
FY2024	$5.7M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2000.

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

Where the money goes

95 cents of each dollar spent went to programs.

95%

Program services 95% · $308K Management & general 5% · $17K

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

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation

Missy Kelley

President

$0Pt VII · Sec A

Bob O'Loughlin

Vice President

$0Pt VII · Sec A

Bill Dewitt

Treasurer

$0Pt VII · Sec A

Ron Kruszewski

Chairperson

$0Pt VII · Sec A

See Downtown Now executive salaries →

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

Revitalizes and supports downtown St. Louis to ensure its stability and strength.

Questions for Downtown Now

Tap to ask. Downtown Now sees how many people are interested.

Your first name shows with your question. Downtown Now answers here, for everyone.

2 programs · $308K · in their own filed words · FY2020

01

Downtown now! Helps to lessen the burdens of government and facilitate the city of ST louis' 1990 action plan through the development of property for the purpose of economic business retention in downtown ST. Louis.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1874939) · Dispute this line

$167Kprogram expense

02

Economic development of downtown ST louis

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1874939) · Dispute this line

$141Kprogram 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 · FY2023

Downtown Stl INCFY2023$60K

Total grants receivedfrom 1 funder$60K

Grants paid · 1 grant · $183K · 2023–2023

Greater St Louis INC FoundationMO · FY2023$182,776

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$244K

Ln 12

Gifts and grantsLn 1h$150K

Fees for servicesLn 2g$93K

Investment incomeLn 3$3

Money outPt IX

$326K

Ln 25

Programscol B$308K

Managementcol C$17K

Owns and owesPt X

$6.1M

net assets · Ln 32

Cash and savingsLn 1–2$16K

Total assetsLn 16$6.1M

LiabilitiesLn 26$7K

PeoplePt VI, VII

4

listed · VII A

PaidVII A0

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$150K

Government grantsLn 1e$99K

Fees for servicesLn 2g$93K

Investment incomeLn 3$3

Total revenueLn 12$244K

Assets in detailPt X, end of year

CashLn 1$16K

Cash and savings togetherLn 1–2$16K

Accounts receivableLn 4$3K

Prepaid expenses and deferred chargesLn 9$2K

Land, buildings, equipmentLn 10c$6.1M

Total assetsLn 16$6.1M

LiabilitiesLn 26$7K

Net assetsLn 32$6.1M

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

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

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$16K	$16K
Land, buildings, equipmentLn 10c	$6.2M	$6.1M
Total assetsLn 16	$6.3M	$6.1M
LiabilitiesLn 26	$177K	$7K
Net assetsLn 32	$6.2M	$6.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$6K	$6K	$296
Accounting feesLn 11c	$14K		$14K
Office expensesLn 13	$57		$57
OccupancyLn 16	$44K	$44K
Depreciation, depletion and amortizationLn 22	$111K	$111K
InsuranceLn 23	$9K	$7K	$3K
Other expenses (24a–d)Ln 24	$141K	$141K
Total functional expensesLn 25	$326K	$308K	$17K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Nov 13, 2025	$112K	$164K	−$52K	$5.7M	990 PDF
FY2023Filed with the IRS Nov 7, 2024	$265K	$357K	−$92K	$5.8M	990 PDF
FY2022Filed with the IRS Nov 14, 2023	$39K	$141K	−$102K	$5.9M	990 PDF
FY2021Filed with the IRS Nov 15, 2022	$177K	$304K	−$127K	$6.0M	990 PDF
FY2020 ViewingFiled with the IRS May 15, 2021	$244K	$326K	−$82K	$6.1M	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $243,676 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $48,736$150,339

I-9 Program service revenuePrior year $57,283$93,334

I-10 Investment incomePrior year $2$3

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $106,021$243,676

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $250,609$325,576

I-18 Total expensesPrior year $250,609$325,576

I-19 Revenue less expensesPrior year −$144,588−$81,900

Part VI · Governance 4 of 4 board members independent, 1 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

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

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $243,676 across 6 lines filed

VIII-1e Government grants$99,075

VIII-1f All other contributions, gifts and grants$51,264

VIII-1h Total contributions, gifts and grants$150,339

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $93,334$93,334

VIII-3 Investment incomeExcluded from tax $3$3

VIII-12 Total revenueRelated to mission $93,334 · Unrelated business $0 · Excluded from tax $3$243,676

Part IX · Statement of functional expenses $325,576 across 7 lines filed

IX-11b Legal feesPrograms $5,614 · Management $296$5,910

IX-11c Accounting feesManagement $14,385$14,385

IX-13 Office expensesManagement $57$57

IX-16 OccupancyPrograms $43,902$43,902

IX-22 Depreciation, depletion and amortizationPrograms $111,217$111,217

IX-23 InsurancePrograms $6,739 · Management $2,602$9,341

IX-24 Other expenses (24a–d)Programs $140,764$140,764

IX-25 Total functional expensesPrograms $308,236 · Management $17,340 · Fundraising $0$325,576

Part X · Balance sheet $6,086,509 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $15,826$15,531

X-4 Accounts receivableStart of year $143,123$3,348

X-9 Prepaid expenses and deferred chargesStart of year $2,664$2,192

X-10c Land, buildings and equipment, netStart of year $6,176,656$6,065,438

X-16 Total assetsStart of year $6,338,269$6,086,509

X-17 Accounts payable and accrued expensesStart of year $79,756$6,659

X-19 Deferred revenueStart of year $96,763$0

X-26 Total liabilitiesStart of year $176,519$6,659

X-27 Net assets without donor restrictionsStart of year $6,161,750$6,079,850

X-32 Total net assets or fund balancesStart of year $6,161,750$6,079,850

X-33 Total liabilities and net assetsStart of year $6,338,269$6,086,509

Part XI · Reconciliation of net assets $6,079,850 net assets at year end

XI-1 Total revenue$243,676

XI-2 Total expenses$325,576

XI-3 Revenue less expenses−$81,900

XI-4 Net assets at start of year$6,161,750

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$6,079,850

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

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

Downtown Now FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Downtown Now

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV

Featured nonprofit jobs