Centro Public Improvement District EIN 74-2930580 Form 990 (PDF) Claim this org

Centro Public Improvement District

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Revitalizes downtown San Antonio by enhancing properties and businesses for living, working, and entertainment. For fiscal year 2024 it reported $8.3M in revenue, $8.2M in expenses, and $445K in net assets.Pt I

Founded
1999
Type
Membership association · Community Development
Location
San Antonio, TX
Website
centrosanantonio.org
Filings
5 on file (2020–2024)
Revenue
$8.3MFY2024
Expenses
$8.2M
Net assets
$445K
People
25
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2930580 Membership association San Antonio, TX Founded 1999
Form 990 (PDF)
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Figures match the IRS filing checked 8/16/26 · see original: IRS
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Size
$1–10M
What they do
Revitalizes downtown San Antonio by enhancing properties and businesses for living, working, and entertainment.
Leadership
Alice Arnn · Director
Money in and out
$8.3M revenue, $8.2M expenses
Bottom line
+1% operating surplus
Membership & operating revenue · FY2024
Total revenue
$8.3M
Pt VIII · Ln 12
Total expenses
$8.2M
Pt IX · Ln 25
Net assets
$445K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $92K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Operating surplus
+1%
revenue over expenses▲ +35% vs prior filing year
Earned revenue
100%
of revenue from program services & dues+0.03% vs prior filing year
Program spending
80%
of expenses reach member services▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$8.3M
FY2024▲ +7%
Expenses
$8.2M
FY2024▲ +6%
Total assets
$3.1M
FY2024▲ +17%
Total liabilities
$2.6M
FY2024▲ +15%
Total revenue
$8.3M
Pt VIII · Ln 12
Total expenses
$8.2M
Pt IX · Ln 25
Net assets
$445K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$92K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 325
Independent voting membersPt I · Ln 425

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCentro Public Improvement District
EINHdr · item D74-2930580
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jcentrosanantonio.org
Year of formationHdr · item L1999
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCommunity Development (S31)
Ruling yearIRS BMFMar 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a25
Independent voting membersPt VI · Ln 1b25
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $5.9M of program spending, described in the organization's own filed words · FY2024.
01

Centro pid, through contract services, cleans and maintains the sidewalks, removes graffiti from public areas, and coordinates with city personnel to repair and clean public right-of-ways within the improvement district.

$4.5Mprogram expense
02

Centro pid, through contract services, employs and trains personnel that provide information and directions within the downtown area and render assistance to pedestrians within the district.

$1.3Mprogram expense
03

Centro pid develops marketing materials featuring and describing the services and activities of the district to reach downtown workers, residents, visitors, surrounding neighborhoods and the greater san antonio metropolitan areas.

$124Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$8.3M
Investment income$3K
Total revenueLn 12$8.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$6.6M
Management & general20%$1.6M
Total functional expensesLn 25$8.2M

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$3.1M
Total liabilitiesLn 26$2.6M
Total net assetsLn 32$445K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $8.2M
1.9 months
Where the money goes
Program services
Program services $6.6M · Total expenses $8.2M
80%
Management & General
Management & general $1.6M · Total expenses $8.2M
20%
Fundraising
Fundraising $0 · Total expenses $8.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $8.3M
0%
Government reliance
Government grants — · Total revenue $8.3M
Earned-income share
Program service revenue $8.3M · Total revenue $8.3M
100%
Investment reliance
Investment income $3K · Total revenue $8.3M
+0.03%
Program self-sufficiency
Program service revenue $8.3M · Total expenses $8.2M
101%
Growth & trend
Revenue growth (YoY)
This year $8.3M · Prior year $7.8M
+7%
Revenue CAGR
FY2019 $5.5M · FY2024 $8.3M
+9%
Net-asset trend (YoY)
End of year $445K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $8.3M · Expenses $8.2M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $445K · Total assets $3.1M
14%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alice Arnn · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $8.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $8.2M
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Revenue growth 7%

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 · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$96K

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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$7.8M revenue · ⤓ 990 PDF
FY2023$6.6M revenue · ⤓ 990 PDF
FY2022$6.3M revenue · ⤓ 990 PDF
FY2021$6.2M revenue · ⤓ 990 PDF
FY2020$5.5M 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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