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

Downtown Tempe Foundation

Tax-deductible

Tempe, AZ501(c)(3)Since 2009Community DevelopmentEIN 86-1043201Revenue $1.1M in FY2025

On file with the IRSdowntowntempe.com1 W Rio Salado Pkwy, 85281-3743 · Tempe, AZTax-exempt since Sep 2009Publicly supported — 509(a)(2)

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 curate diverse and impactful experienes that cultivate community engagement.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 280 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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 surplus $21K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $108K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+5% vs prior year
Spent
$988K
To programs
95%
Net assets
$121K
By yearFY2020–FY2025
Revenue
$1.1M
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$132K
FY2021$110K
FY2022$877K
FY2023$1.0M
FY2024$1.0M
FY2025$1.1M
Expenses
$988K
FY2025▲ +0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$231K
FY2021$116K
FY2022$820K
FY2023$977K
FY2024$983K
FY2025$988K
Net assets
$121K
FY2025▲ +245%
Tap a bar for its year
Net assets by fiscal year
FY2020−$107K
FY2021−$113K
FY2022−$56K
FY2023−$3K
FY2024$35K
FY2025$121K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2009.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $934K Management & general 5% · $53K

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

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Lori Foster
Exec Dir/Pre
$0Pt VII · Sec A
$0Pt VII · Sec A
Nancy Baker
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Barbara Lloyd
Vice Chair
$0Pt VII · Sec A
Linda Spears
Director
$0Pt VII · Sec A
Robin Trick
Director
$0Pt VII · Sec A
See Downtown Tempe Foundation 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 15aYes

Programs and updates

Creates diverse experiences to foster community engagement.

Questions for Downtown Tempe Foundation

Tap to ask. Downtown Tempe Foundation sees how many people are interested.

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

Provided by the organization

Know this org? Add your story

1 program · $934K · in their own filed words · FY2024
01

The foundation produces large scale evens that showcase downtown tempe and hopefully generate sales for merchants, create a sense of community, and build a connection for families and visitors to downtown. Events are always free to attend and present a diverse range of cultural components.

$934Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Downtown Tempe Authority INCFY2024$108K
Total grants receivedfrom 1 funder$108K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$751K
Gifts and grantsLn 1h$319K
Other incomeLn 4–11$4K
Money outPt IX
$988K
Ln 25
Programscol B$934K
Managementcol C$53K
Owns and owesPt X
$121K
net assets · Ln 32
Cash and savingsLn 1–2$122K
Total assetsLn 16$122K
LiabilitiesLn 26$1K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$319K
Government grantsLn 1e$30K
Noncash giftsLn 1g$72K
Fees for servicesLn 2g$751K
Other incomeLn 4–11$4K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$122K
Cash and savings togetherLn 1–2$122K
Total assetsLn 16$122K
LiabilitiesLn 26$1K
Net assetsLn 32$121K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6280
Fiscal year endsHeaderJune
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
LineStart FY25End FY25
Cash and savingsLn 1–2$41K$122K
Total assetsLn 16$43K$122K
LiabilitiesLn 26$8K$1K
Net assetsLn 32$35K$121K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$42K$19K$23K
Advertising and promotionLn 12$31K$31K
Office expensesLn 13$44K$25K$20K
OccupancyLn 16$10K$10K
InsuranceLn 23$24K$24K
Other expenses (24a–d)Ln 24$836K$836K
Total functional expensesLn 25$988K$934K$53K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.1M$988K$86K$121K 990 PDF
FY2024 $1.0M$983K$38K$35K 990 PDF
FY2023 $1.0M$977K$52K−$3K 990 PDF
FY2022 $877K$820K$57K−$56K 990 PDF
FY2021 $110K$116K−$6K−$113K 990 PDF
FY2020 $132K$231K−$99K−$107K 990 PDF

More to add? 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
See the full FY2025 990 (6 parts)
Part I · Summary $1,073,608 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $272,516$318,602
I-9 Program service revenuePrior year $745,473$751,453
I-10 Investment income$0
I-11 Other revenuePrior year $2,992$3,553
I-12 Total revenuePrior year $1,020,981$1,073,608
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $982,544$987,725
I-18 Total expensesPrior year $982,544$987,725
I-19 Revenue less expensesPrior year $38,437$85,883
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,073,608 across 7 lines filed
VIII-1e Government grants$30,050
VIII-1f All other contributions, gifts and grants$288,552
VIII-1g Noncash contributions (included above)$71,700
VIII-1h Total contributions, gifts and grants$318,602
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $751,453$751,453
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,553$3,553
VIII-12 Total revenueRelated to mission $755,006$1,073,608
Part IX · Statement of functional expenses $987,725 across 6 lines filed
IX-11c Accounting feesPrograms $18,615 · Management $23,385$42,000
IX-12 Advertising and promotionPrograms $31,037$31,037
IX-13 Office expensesPrograms $24,532 · Management $19,879$44,411
IX-16 OccupancyManagement $10,056$10,056
IX-23 InsurancePrograms $24,000$24,000
IX-24 Other expenses (24a–d)Programs $836,221$836,221
IX-25 Total functional expensesPrograms $934,405 · Management $53,320 · Fundraising $0$987,725
Part X · Balance sheet $122,268 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $40,958$122,268
X-16 Total assetsStart of year $43,458$122,268
X-17 Accounts payable and accrued expensesStart of year $8,445$332
X-25 Other liabilities$1,040
X-26 Total liabilitiesStart of year $8,445$1,372
X-27 Net assets without donor restrictionsStart of year $35,013$120,896
X-32 Total net assets or fund balancesStart of year $35,013$120,896
X-33 Total liabilities and net assetsStart of year $43,458$122,268
Part XI · Reconciliation of net assets $120,896 net assets at year end
XI-1 Total revenue$1,073,608
XI-2 Total expenses$987,725
XI-3 Revenue less expenses$85,883
XI-4 Net assets at start of year$35,013
XI-10 Net assets at end of year$120,896

Form 990 e-file (XML) FY2025 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.