Civic Intelligence

Spearfish Downtown Business Assoc

EIN 20-0964739 • 501(c)6 • Spearfish, SD

Profile

Provide special entertainment events to attract visitors and shoppers to visit and shop downtown spearfish. To make available and promote local events for families and community members to shop locally.

810 N Main St 199Spearfish, SD 57783

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

93rd percentile

42%

Higher net margin than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

424%

Faster asset growth than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

71%

Faster revenue growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$115,775

Up $55,040 (+91%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$115,775

Up $55,040 (+91%) from 2023

Revenue

Up

$134,509

Up $14,328 (+12%) from 2023

Expenses

Up

$79,469

Up $9,467 (+14%) from 2023

Net Income

Up

$55,040

Up $4,861 (+9.7%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2015: $31,751Net Assets 2015: $31,7512015Assets 2016: $37,012Net Assets 2016: $37,0122016Assets 2017: $32,767Net Assets 2017: $32,7672017Assets 2018: $46,943Liabilities 2018: $1,219Net Assets 2018: $45,7242018Assets 2019: $33,765Liabilities 2019: $1,170Net Assets 2019: $32,5952019Assets 2020: $33,868Liabilities 2020: $2,055Net Assets 2020: $31,8132020Assets 2021: $12,400Liabilities 2021: $2,389Net Assets 2021: $10,0112021Assets 2022: $11,597Liabilities 2022: $1,041Net Assets 2022: $10,5562022Assets 2023: $60,735Net Assets 2023: $60,7352023Assets 2024: $115,775Net Assets 2024: $115,7752024

Highlighted filing

2024

Assets$115,775
Liabilities-
Net Assets$115,775

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $73,714Expenses 2015: $70,897Net Income 2015: $2,8172015Revenue 2016: $68,710Expenses 2016: $63,449Net Income 2016: $5,2612016Revenue 2017: $57,180Expenses 2017: $61,425Net Income 2017: -$4,2452017Revenue 2018: $88,577Expenses 2018: $75,620Net Income 2018: $12,9572018Revenue 2019: $69,551Expenses 2019: $82,679Net Income 2019: -$13,1282019Revenue 2020: $55,264Expenses 2020: $56,047Net Income 2020: -$7832020Revenue 2021: $51,933Expenses 2021: $73,733Net Income 2021: -$21,8002021Revenue 2022: $70,332Expenses 2022: $69,785Net Income 2022: $5472022Revenue 2023: $120,181Expenses 2023: $70,002Net Income 2023: $50,1792023Revenue 2024: $134,509Expenses 2024: $79,469Net Income 2024: $55,0402024

Highlighted filing

2024

Revenue$134,509
Expenses$79,469
Net Income$55,040

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 17, 2025
Return Version
2024v5.0
Gross Receipts
$134,509
Mission and Program Overview

Mission

Provide special entertainment events to attract visitors and shoppers to visit and shop downtown spearfish. To make available and promote local events for families and community members to shop locally.

Program Services

DescriptionGrantsExpenses
HOSTED FRIDAY NIGHT LIVE MUSICAL ENTERTAINMENT AND STREET VENDORS TO ATTRACT VISITORS TO DOWNTOWN SPEARFISH.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LUKE DONOVANPresident-$0--
BLAINE BACONSecretary-$0--
LELAND RUZICKABoard Member-$0--
CYNTHIA JENSENBoard Member-$0--
TOBIAS STEEVESBoard Member-$0--
MIKE STULLBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Spearfish Downtown Business Assoc
EIN
20-0964739
Address
810 N MAIN ST 199, SPEARFISH, SD 57783

Signing Officer

Name
Luke Donovan
Title
President
Signed
2025-02-17

Preparer

Firm
Donovan CPA Prof LLC
Address
219 E HUDSON ST, SPEARFISH, SD 57783-2344
Preparer
Jenny L Donovan
Phone
6055590566
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Downtown friday nights cost of goods sold 20,697 expenses advertising 4,552 fees 350 licenses & permits 500 office 51 penalties 221 insurance 4,591 ascap music fees 314 downtown dollars expense 1,311 mainstreet lights 375 py payroll taxes 1,275 repairs & maint 290 supplies 3,299 total 37,826

Form 990-ez, Part II, Line 24

Furniture & fixtures 862 0 less accumulated depreciation 862 0 total 0 0

Form 990-ez, Part III

Provide special entertainment events to attract visitors and shoppers to visit and shop downtown spearfish. To make available and promote local events for families and community members to shop locally.

Raw XML Appendix115 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SPEARFISH DBA
IRS990EZ/BooksInCareOfDetail/PhoneNum06056418019
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0810 N MAIN ST 199
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPEARFISH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057783
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060735
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0115775
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt071303
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt055040
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt041135
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt060735
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0115775
IRS990EZ/GrossReceiptsAmt0134509
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01107
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt060735
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0115775
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt060735
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0115775
IRS990EZ/OccupancyRentUtltsAndMaintAmt0359
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LUKE DONOVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BLAINE BACON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LELAND RUZICKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CYNTHIA JENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TOBIAS STEEVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE STULL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt037826
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SPECIAL ENTERTAINMENT EVENTS TO ATTRACT VISITORS AND SHOPPERS TO VISIT AND SHOP DOWNTOWN SPEARFISH. TO MAKE AVAILABLE AND PROMOTE LOCAL EVENTS FOR FAMILIES AND COMMUNITY MEMBERS TO SHOP LOCALLY.
IRS990EZ/PrintingPublicationsPostageAmt0149
IRS990EZ/ProgramServiceRevenueAmt062099
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOSTED FRIDAY NIGHT LIVE MUSICAL ENTERTAINMENT AND STREET VENDORS TO ATTRACT VISITORS TO DOWNTOWN SPEARFISH.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt079469
IRS990EZ/TotalRevenueAmt0134509
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DOWNTOWN FRIDAY NIGHTS COST OF GOODS SOLD 20,697 EXPENSES ADVERTISING 4,552 FEES 350 LICENSES & PERMITS 500 OFFICE 51 PENALTIES 221 INSURANCE 4,591 ASCAP MUSIC FEES 314 DOWNTOWN DOLLARS EXPENSE 1,311 MAINSTREET LIGHTS 375 PY PAYROLL TAXES 1,275 REPAIRS & MAINT 290 SUPPLIES 3,299 TOTAL 37,826
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & FIXTURES 862 0 LESS ACCUMULATED DEPRECIATION 862 0 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE SPECIAL ENTERTAINMENT EVENTS TO ATTRACT VISITORS AND SHOPPERS TO VISIT AND SHOP DOWNTOWN SPEARFISH. TO MAKE AVAILABLE AND PROMOTE LOCAL EVENTS FOR FAMILIES AND COMMUNITY MEMBERS TO SHOP LOCALLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LUKE DONOVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPEARFISH DOWNTOWN BUSINESS ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0SPEA
ReturnHeader/Filer/EIN0200964739
ReturnHeader/Filer/USAddress/AddressLine1Txt0810 N MAIN ST 199
ReturnHeader/Filer/USAddress/CityNm0SPEARFISH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057783
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931774219
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONOVAN CPA PROF LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0219 E HUDSON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPEARFISH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0577832344
ReturnHeader/PreparerPersonGrp/PhoneNum06055590566
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNY L DONOVAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-18T11:45:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.