Civic Intelligence

Downtown Lexington Corporation

EIN 20-3026004 • 501(c)3 • Lexington, KY

Profile

To provide a way for business and individuals to invest in Dowtown Lexington through multicultural events, education, homeless issues & beautification.

Refreshing map…

333 West Vine Street Suite 206Lexington, KY 40507

www.downtownlex.com/dlcf

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

55th percentile

0.0%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,868

Down $3,463 (-47%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$25

Flat from 2022

Expenses

Down

$3,800

Down $400 (-9.5%) from 2022

Net Income

Up

-$3,775

Up $400 (+9.6%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

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

$800K$600K$400K$200K$0Assets 2010: $762,663Liabilities 2010: $0Net Assets 2010: $762,6632010Assets 2011: $99,738Liabilities 2011: $0Net Assets 2011: $99,7382011Assets 2012: $8,966Liabilities 2012: $0Net Assets 2012: $8,9662012Assets 2013: $7,978Liabilities 2013: $0Net Assets 2013: $7,9782013Assets 2014: $7,113Liabilities 2014: $0Net Assets 2014: $7,1132014Assets 2015: $26,456Liabilities 2015: $0Net Assets 2015: $26,4562015Assets 2016: $19,968Liabilities 2016: $0Net Assets 2016: $19,9682016Assets 2019: $49,254Liabilities 2019: $0Net Assets 2019: $49,2542019Assets 2020: $11,481Liabilities 2020: $0Net Assets 2020: $11,4812020Assets 2021: $11,506Net Assets 2021: $11,5062021Assets 2022: $7,331Net Assets 2022: $7,3312022Assets 2023: $3,868Liabilities 2023: $02023

Highlighted filing

2023

Assets$3,868
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0-$500KExpenses 2010: $62,5772010Expenses 2011: $995,5922011Revenue 2012: $21,616Expenses 2012: $112,388Net Income 2012: -$90,7722012Revenue 2013: $10,327Expenses 2013: $11,315Net Income 2013: -$9882013Revenue 2014: $4,561Expenses 2014: $5,426Net Income 2014: -$8652014Revenue 2015: $33,184Expenses 2015: $13,841Net Income 2015: $19,3432015Revenue 2016: $11,108Expenses 2016: $13,069Net Income 2016: -$1,9612016Revenue 2019: $205,285Expenses 2019: $174,171Net Income 2019: $31,1142019Revenue 2020: $6,340Expenses 2020: $44,113Net Income 2020: -$37,7732020Revenue 2021: $252021Revenue 2022: $25Expenses 2022: $4,200Net Income 2022: -$4,1752022Revenue 2023: $25Expenses 2023: $3,800Net Income 2023: -$3,7752023

Highlighted filing

2023

Revenue$25
Expenses$3,800
Net Income-$3,775
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$3,868
Liabilities
$0
Net assets
-
Revenue
$25
Expenses
$3,800
Net income
-$3,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.00$0.04$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.12$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.06$0.44$0.38
2019Summary only. Only limited summary data is available for this year.$0.49$0.00$0.49$2.05$1.74$0.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.11$0.13$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.33$0.14$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.05$0.05$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.10$0.11$0.01
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.22$1.12$0.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.00$1.00$9.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.63$0.00$7.63$0.63
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 22, 2023
Return Version
2022v5.0
Gross Receipts
$25
Mission and Program Overview

Mission

To provide a way for business and individuals to invest in dowtown lexington through multicultural events, education, homeless issues & beautification.

Program Services

DescriptionGrantsExpenses
MULTICULTURAL & EDUCATIONAL EFFORTS - THIS WILL INCLUDE EVENTS SUCH AS MAYFEST, HOLIDAY CELEBRATOIN, AND OTHER DOWNTOWN INITIATIVES.-$4,200
BEAUTIFICATION OF DOWNTOWN - EXAMPLES OF THESE ISSUES INCLUDE IMPROVING PUBLIC CLEANLINESS AND SANITATION.--
HOMELESS ISSUES - PUBLICATION OF HOMELESS SERVICES RESOURCES AND PARTICIPATION IN HOMELESS TASK FORCES.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry SweeneyPresident-$0--
Jennifer TaylorChairman-$0--
Melody FlowersChairman-$0--
Paul JohnstonTreasurer-$0--
Woodford WebbSecretary-$0--
Steve GrossmanDirector-$0--
Lawrence WetherbyDirector-$0--
Ann BakhausDirector-$0--
Steve KellyDirector-$0--
Mary Beth WrightDirector-$0--
Camden SkidmoreDirector-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Lexington Corporation
EIN
20-3026004
Phone
8593358640
Address
333 West Vine Street Suite 206, Lexington, KY 40507

Signing Officer

Name
Paul Johnston
Title
Treasurer
Signed
2023-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Vaughn Hall PLLC
Address
1795 Alysheba Way Ste 6204, Lexington, KY 40509
Preparer
Richard Hall CPA
Phone
8594886630
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Mayfest Operation $4200”

Raw XML Appendix162 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Company
IRS990EZ/BooksInCareOfDetail/PhoneNum08593358640
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 West Vine Street Suite 206
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lexington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040507
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011506
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07331
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt025
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4175
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011506
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07331
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt025
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011506
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07331
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011506
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07331
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Terry Sweeney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jennifer Taylor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Melody Flowers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Paul Johnston
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Woodford Webb
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Steve Grossman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Lawrence Wetherby
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Ann Bakhaus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Steve Kelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Mary Beth Wright
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Camden Skidmore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A WAY FOR BUSINESS AND INDIVIDUALS TO INVEST IN DOWTOWN LEXINGTON THROUGH MULTICULTURAL EVENTS, EDUCATION, HOMELESS ISSUES & BEAUTIFICATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MULTICULTURAL & EDUCATIONAL EFFORTS - THIS WILL INCLUDE EVENTS SUCH AS MAYFEST, HOLIDAY CELEBRATOIN, AND OTHER DOWNTOWN INITIATIVES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BEAUTIFICATION OF DOWNTOWN - EXAMPLES OF THESE ISSUES INCLUDE IMPROVING PUBLIC CLEANLINESS AND SANITATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2HOMELESS ISSUES - PUBLICATION OF HOMELESS SERVICES RESOURCES AND PARTICIPATION IN HOMELESS TASK FORCES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04200
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04200
IRS990EZ/TotalProgramServiceExpensesAmt04200
IRS990EZ/TotalRevenueAmt025
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.downtownlex.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt050
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt050
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt050
IRS990ScheduleA/TotalSupportAmt050
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mayfest Operation $4200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Johnston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Downtown Lexington Corporation
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Foundation
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0203026004
ReturnHeader/Filer/PhoneNum08593358640
ReturnHeader/Filer/USAddress/AddressLine1Txt0333 West Vine Street Suite 206
ReturnHeader/Filer/USAddress/CityNm0Lexington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040507
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874577013
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vaughn Hall PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01795 Alysheba Way Ste 6204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040509
ReturnHeader/PreparerPersonGrp/PhoneNum08594886630
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard Hall CPA
ReturnHeader/ReturnTs02023-08-22T08:41:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Paul
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Johnston
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits