Austin Dmo INC FY2023 filing

Austin, TX · Membership association · Since 1993

! Not tax-deductible Latest data FY2023
Revenue
$10.6M
▲ +3% vs prior year
Spent
$11.7M
To programs
90%
Net assets
$2.4M
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending April 2023 (IRS tax year 2022).

Figures match the IRS filing checked 7/18/26 · see original: IRS

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
90% to programs
Form 990 Part IX, latest filing.
Size and trend
$10–100M
↑ +3% vs prior year
Legal name (IRS)Hdr · item CAustin Dmo INC
EINHdr · item D74-2640134
Exempt statusHdr · item I501(c)(4) · active
Ruling yearIRS BMFMay 1993
Year of formationHdr · item L1993
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAustin, TX
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jdowntownaustin.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.09 Fundraising $0.01
Program services90%$10.5M
Management & general9%$994K
Fundraising1%$153K
Total functional expensesLn 25$11.7M

Financial health

Revenue & expenses by yearFY2021–FY2025
Revenue
$10.6M
FY2023▲ +3%
Expenses
$11.7M
FY2023▲ +20%
Operating surplus
-10%
revenue over expenses
Earned revenue
2%
of revenue from program services & dues
Payroll share
32%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$5.5M
FY2023+0.2%
Total liabilities
$3.1M
FY2023▲ +56%
Revenue less expensesPt I · Ln 19−$1.1M
Total assetsPt X · Ln 16$5.5M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 347
Independent voting membersPt I · Ln 447

Balance Sheet

Part X · end of year
CashLn 1$3.4M
Total assetsLn 16$5.5M
Total liabilitiesLn 26$3.1M
Total net assetsLn 32$2.4M
Months of cash on handcomputed3.5

Statement of Revenue

Part VIII
Contributions & grants$10.4M · 98%
Program service revenue$196K · 2%
Contributions & grants98%$10.4M
Program service revenue2%$196K
Investment income$4K
— government grantsLn 1e$10.4M
Total revenueLn 12$10.6M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.4M · Operating expenses/yr $11.7M
3.5 months
Where the money goes
Program services
Program services $10.5M · Total expenses $11.7M
90%
Management & General
Management & general $994K · Total expenses $11.7M
9%
Fundraising
Fundraising $153K · Total expenses $11.7M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $133K · Solicited contributions (3-yr avg) $4K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $10.4M · Total revenue $10.6M
98%
Government reliance
Government grants $10.4M · Total revenue $10.6M
98%
Earned-income share
Program service revenue $196K · Total revenue $10.6M
2%
Investment reliance
Investment income $4K · Total revenue $10.6M
+0.03%
Program self-sufficiency
Program service revenue $196K · Total expenses $11.7M
2%
Growth & trend
Revenue growth (YoY)
This year $10.6M · Prior year $10.2M
+3%
Net-asset trend (YoY)
End of year $2.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $10.6M · Expenses $11.7M
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $5.5M
—
Net-asset ratio
Net assets $2.4M · Total assets $5.5M
44%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dewitt Peart · Reported title CEO/President · Highest reported compensation $406K · Total expenses $11.7M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.8M · Total expenses $11.7M
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%——
Overhead ratio 9%——
Fundraising cost ratio 1%——
Revenue growth 3%——
Legal fee ratio 0.4%——
Accounting fee ratio 0.10%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
CEO/President
$405,604Pt VII · Sec A
Cheif Opertating Officer
$208,132Pt VII · Sec A
SVP Invester Relations
$177,139Pt VII · Sec A
Chief Program Officer
$176,249Pt VII · Sec A
Executive Director
$168,413Pt VII · Sec A
Chief Financial Officer
$155,818Pt VII · Sec A
Chief Impact Officer
$147,182Pt VII · Sec A
VP Economic Development
$139,587Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Dewitt Peart$426,070$412,866$405,604$370,274$386,505
Meliss Barry$227,677$217,119———
Samia Burns$221,429$210,981$155,818—$133,173
Jenell Moffett$221,011$195,349$147,182$127,000$115,601
Julia Fitch—$167,655$208,132$174,287$180,460
Molly Alexander——$168,413$176,430$196,103
Willia Brice$194,977$186,859———
Raasin McIntosh$181,771$168,668$107,405——

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 Austin Dmo INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a47
Independent voting membersPt VI · Ln 1b47
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Enhances downtown Austin's vitality through street cleaning, safety ambassadors, homeless services advocacy, urban planning, and support for local arts and cultural districts.

Provided by the organization

This section is blank until Austin Dmo INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $9.0M of program spending, described in the organization's own filed words · FY2022.
01

Safety and Hospitality

The Downtown Ambassadors are the cornerstone of our direct services program. Every day our team of 60 ambassadors works from 6 a.m. to 11 p.m. removing trash and pressure washing streets, interacting with our community, and beautify downtown through various paitning and planting projects. We support safety on all fronts downtown.

$5.3Mprogram expense
02

Research and Strategic Communication

The Downtown Austin Alliance's research team conducts primary research on downtown-related issues and also compiles and analyzes third-party research. Our website is a central repository for data on economic development, real estate, mobility trends and more.

$2.1Mprogram expense
03

Planing and Urban Mobility

The Downtown Vision calls for a growing and ever-evolving tapestry of complete, vibrant and walkable neighborhoods and districts that express Austin's authentic character. As downtown's steward, not only are we at the center of all active district planning projects, but we also ensure all parties have a holistic view of how the districts…

$1.6Mprogram expense

Run this program? Claim this org to tell your story

Funders

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 31 grants · $1.2M · 2020–2024
Caritas of AustinTX · FY2024$60,000
Movability INCTX · FY2024$60,000
Downtown Austin Parks LLCTX · FY2024$14,000
Mexic-Arte MuseumTX · FY2023$80,000
Movability INCTX · FY2023$60,000
Preservation AustinTX · FY2023$15,000
Downtown Austin Parks LLCTX · FY2023$14,000
Movability INCTX · FY2022$60,000
The AtxeleratorFY2022$15,000
Other Ones Foundation INCTX · FY2022$10,000
Sustainable Food Center INCTX · FY2022$10,000
American City Business Jouirnals INCFY2022$8,500
Movability INCTX · FY2021$60,000
See all 31 grants →

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $16.5M$14.5M+28% 990 PDF
FY2024 $12.9M$12.4M+22% 990 PDF
FY2023 Viewing $10.6M$11.7M+3% 990 PDF
FY2022 $10.2M$9.7M-2% 990 PDF
FY2021 $10.4M$8.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Austin Dmo INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 peer-cohort and compensation comparisons above.