philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Downtown Georgetown Association FY2020 filing

Not tax-deductible

Georgetown, TX501(c)(6)Community Development EIN 74-1976744Revenue $90K in FY2020

On file with the IRSthegeorgetownsquare.com116 W 8th Street, 78626-5800 · Georgetown, TXTax-exempt since Dec 1999

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To promote and protect the quality of life and integrity of Downtown Georgetown through activities that create commerce, guide growth and development, and provdie a clean, safe environment for residents and visitors.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
55¢ 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)(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
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
4 of 5
filings with a surplus
Average surplus $40K a year · 20% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 15.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$90K
Spent
$91K
To programs
55%
Net assets
$116K
By yearFY2020–FY2024
Revenue
$90K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$90K
FY2021$162K
FY2022$169K
FY2023$220K
FY2024$370K
Expenses
$91K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$91K
FY2021$128K
FY2022$157K
FY2023$164K
FY2024$271K
Net assets
$116K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$116K
FY2021$149K
FY2022$161K
FY2023$218K
FY2024$317K

From the FY2020 Form 990 · see the original

Give 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 1999.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $50K Management & general 45% · $41K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Jeffrey Cartledge
Vice Preside
$0Pt VII · Sec A
Lisa King
President
$0Pt VII · Sec A
Ron Parks
Membership D
$0Pt VII · Sec A
Dawn Steele
Secretary
$0Pt VII · Sec A
See Downtown Georgetown Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Improves downtown Georgetown's quality of life by fostering commerce, guiding development, and ensuring a clean, safe environment.

Questions for Downtown Georgetown Association

Tap to ask. Downtown Georgetown Association sees how many people are interested.

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

Provided by the organization

Know this org? Add your story

3 programs · $50K · in their own filed words · FY2020
01

Market Days

Downtown georgetown association sponsors a market days event in each month from march through november on the square in georgetown.

$34Kprogram expense
02

Christmas Stroll

Annual event open to the public free of charge. Activites include a parade, vendors, music and entertainment, santa, rides and children's activities. Gifts for the brown and blue santa programs are collected.

$16Kprogram expense
03

Williamson County Wine & Food Festival

Annual event held to promote the restaurant and wine business of georgeown. Downtown georgetown association sponsors various small events such as "first fridays on the square", "boo bash". "music on the square- and "lighting the square".

$597program expense

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$90K
Ln 12
Fees for servicesLn 2g$90K
Gifts and grantsLn 1h$100
Investment incomeLn 3$15
Money outPt IX
$91K
Ln 25
Programscol B$50K
Managementcol C$41K
Owns and owesPt X
$116K
net assets · Ln 32
Cash and savingsLn 1–2$119K
Total assetsLn 16$119K
LiabilitiesLn 26$3K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$100
Fees for servicesLn 2g$90K
Investment incomeLn 3$15
Total revenueLn 12$90K
Assets in detailPt X, end of year
CashLn 1$119K
Cash and savings togetherLn 1–2$119K
Total assetsLn 16$119K
LiabilitiesLn 26$3K
Net assetsLn 32$116K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$120K$119K
Total assetsLn 16$120K$119K
LiabilitiesLn 26$3K$3K
Net assetsLn 32$117K$116K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$35K$35K
Payroll taxesLn 10$3K$3K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$3K$1K$2K
Office expensesLn 13$15K$305$15K
Information technologyLn 14$936$936
OccupancyLn 16$10K$2K$8K
InsuranceLn 23$1K$1K$27
Other expenses (24a–d)Ln 24$3K$3K
Total functional expensesLn 25$91K$50K$41K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $370K$271K$99K$317K 990 PDF
FY2023 $220K$164K$56K$218K 990 PDF
FY2022 $169K$157K$12K$161K 990 PDF
FY2021 $162K$128K$34K$149K 990 PDF
FY2020 Viewing $90K$91K−$1K$116K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $89,625 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,905$100
I-9 Program service revenuePrior year $262,684$89,510
I-10 Investment incomePrior year $31$15
I-11 Other revenue$0
I-12 Total revenuePrior year $267,620$89,625
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $84,036$38,154
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $130,837$52,785
I-18 Total expensesPrior year $214,873$90,939
I-19 Revenue less expensesPrior year $52,747−$1,314
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $89,625 across 5 lines filed
VIII-1b Membership dues$100
VIII-1h Total contributions, gifts and grants$100
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $89,510$89,510
VIII-3 Investment incomeRelated to mission $15$15
VIII-12 Total revenueRelated to mission $89,525$89,625
Part IX · Statement of functional expenses $90,939 across 10 lines filed
IX-7 Other salaries and wagesPrograms $35,375$35,375
IX-10 Payroll taxesPrograms $2,779$2,779
IX-11c Accounting feesManagement $11,969$11,969
IX-11g Other fees for servicesPrograms $7,048$7,048
IX-12 Advertising and promotionPrograms $1,148 · Management $1,797$2,945
IX-13 Office expensesPrograms $305 · Management $14,753$15,058
IX-14 Information technologyManagement $936$936
IX-16 OccupancyPrograms $2,363 · Management $7,666$10,029
IX-23 InsurancePrograms $1,379 · Management $27$1,406
IX-24 Other expenses (24a–d)Management $3,394$3,394
IX-25 Total functional expensesPrograms $50,397 · Management $40,542 · Fundraising $0$90,939
Part X · Balance sheet $118,939 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $120,363$118,939
X-16 Total assetsStart of year $120,363$118,939
X-17 Accounts payable and accrued expensesStart of year $1,214$497
X-25 Other liabilitiesStart of year $2,131$2,738
X-26 Total liabilitiesStart of year $3,345$3,235
X-27 Net assets without donor restrictionsStart of year $117,018$115,704
X-32 Total net assets or fund balancesStart of year $117,018$115,704
X-33 Total liabilities and net assetsStart of year $120,363$118,939
Part XI · Reconciliation of net assets $115,704 net assets at year end
XI-1 Total revenue$89,625
XI-2 Total expenses$90,939
XI-3 Revenue less expenses−$1,314
XI-4 Net assets at start of year$117,018
XI-10 Net assets at end of year$115,704

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

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

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.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street 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, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.