Civic Intelligence

Downtown Dsm Inc

EIN 42-1174898 • 501(c)6 • Des Moines, IA

Profile

Provides leadership, initiative, and advocacy in order to achieve shared solutions and a shared vision for the future of downtown des moines.

700 Locust Street Suite 100Des Moines, IA 50309

www.downtowndesmoines.com

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.33x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.15x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

46th percentile

3.2%

Higher net margin than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

23rd percentile

-3.3%

Faster asset growth than 23% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-3.1%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$531,579

Down $18,115 (-3.3%) from 2023

Liabilities

Down

$176,148

Down $55,626 (-24%) from 2023

Net Assets

Up

$355,431

Up $37,511 (+12%) from 2023

Revenue

Down

$1,157,425

Down $37,262 (-3.1%) from 2023

Expenses

Down

$1,119,914

Down $15,854 (-1.4%) from 2023

Net Income

Down

$37,511

Down $21,408 (-36%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $222,686Liabilities 2010: $2,740,238Net Assets 2010: -$2,517,5522010Assets 2011: $128,531Liabilities 2011: $3,592,900Net Assets 2011: -$3,464,3692011Assets 2012: $353,429Liabilities 2012: $219,344Net Assets 2012: $134,0852012Assets 2013: $419,616Liabilities 2013: $133,649Net Assets 2013: $285,9672013Assets 2014: $668,951Liabilities 2014: $191,753Net Assets 2014: $477,1982014Assets 2015: $575,818Liabilities 2015: $153,689Net Assets 2015: $422,1292015Assets 2016: $503,670Liabilities 2016: $116,494Net Assets 2016: $387,1762016Assets 2017: $391,076Liabilities 2017: $97,894Net Assets 2017: $293,1822017Assets 2018: $270,654Liabilities 2018: $45,487Net Assets 2018: $225,1672018Assets 2019: $292,222Liabilities 2019: $110,284Net Assets 2019: $181,9382019Assets 2020: $314,985Liabilities 2020: $226,997Net Assets 2020: $87,9882020Assets 2021: $544,599Liabilities 2021: $476,175Net Assets 2021: $68,4242021Assets 2022: $539,675Liabilities 2022: $280,671Net Assets 2022: $259,0042022Assets 2023: $549,694Liabilities 2023: $231,774Net Assets 2023: $317,9202023Assets 2024: $531,579Liabilities 2024: $176,148Net Assets 2024: $355,4312024

Highlighted filing

2024

Assets$531,579
Liabilities$176,148
Net Assets$355,431

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $768,648Expenses 2010: $1,638,947Net Income 2010: -$870,2992010Expenses 2011: $1,888,4722011Expenses 2012: $1,796,5072012Revenue 2013: $977,299Expenses 2013: $1,948,654Net Income 2013: -$971,3552013Revenue 2014: $2,082,148Expenses 2014: $1,890,917Net Income 2014: $191,2312014Revenue 2015: $1,845,709Expenses 2015: $1,900,778Net Income 2015: -$55,0692015Revenue 2016: $1,732,247Expenses 2016: $1,767,200Net Income 2016: -$34,9532016Revenue 2017: $1,857,502Expenses 2017: $1,951,496Net Income 2017: -$93,9942017Revenue 2018: $1,987,368Expenses 2018: $2,055,383Net Income 2018: -$68,0152018Revenue 2019: $2,004,818Expenses 2019: $2,048,047Net Income 2019: -$43,2292019Revenue 2020: $1,512,245Expenses 2020: $1,606,195Net Income 2020: -$93,9502020Revenue 2021: $1,499,002Expenses 2021: $1,518,566Net Income 2021: -$19,5642021Revenue 2022: $1,740,101Expenses 2022: $1,549,521Net Income 2022: $190,5802022Revenue 2023: $1,194,687Expenses 2023: $1,135,768Net Income 2023: $58,9192023Revenue 2024: $1,157,425Expenses 2024: $1,119,914Net Income 2024: $37,5112024

Highlighted filing

2024

Revenue$1,157,425
Expenses$1,119,914
Net Income$37,511

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.18$0.36$1.16$1.12$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.23$0.32$1.19$1.14$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.28$0.26$1.74$1.55$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.54$0.48$0.07$1.50$1.52$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.23$0.09$1.51$1.61$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.11$0.18$2.00$2.05$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.05$0.23$1.99$2.06$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.10$0.29$1.86$1.95$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.12$0.39$1.73$1.77$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.15$0.42$1.85$1.90$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.19$0.48$2.08$1.89$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.13$0.29$0.98$1.95$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.22$0.13$1.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$3.59$3.46$1.89
2010Summary only. Only limited summary data is available for this year.$0.22$2.74$2.52$0.77$1.64$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,157,425
Mission and Program Overview

Mission

Provides leadership, initiative, and advocacy in order to achieve shared solutions and a shared vision for the future of downtown des moines.

Promote downtown dsm development, vibrancy, and placemaking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$322,889$415,206▲ $92,317
Rtn Earn Endowment Incm Other Fnds$317,920$355,431▲ $37,511
Accounts Receivable$226,805$116,373▼ $110,432
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$549,694$531,579▼ $18,115
Liabilities
Accounts Payable and Accrued Expenses$231,774$176,148▼ $55,626
Total Liabilities$231,774$176,148▼ $55,626
Net Assets / Fund Balance
Total Net Assets Fund Balance$317,920$355,431▲ $37,511
Total Liabilities and Net Assets / Fund Balance$549,694$531,579▼ $18,115
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$728,814
Program Service Revenue
$428,611
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$37,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$672,712
Salaries, Compensation, and Employee Benefits$447,202
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$334,761$96,485-$431,246
Other Salaries and Wages$365,467--$365,467
Payments to Affiliates$82,000--$82,000
Occupancy$73,496--$73,496
Advertising$63,505--$63,505
Payroll Taxes$28,549--$28,549
Pension Plan Contributions$26,835--$26,835
Other Employee Benefits$26,351--$26,351
Travel$3,806--$3,806
Fees for Services Accounting$2,600--$2,600
Fees for Services Other$2,543--$2,543
Office Expenses$1,700--$1,700
Conferences and Meetings$820--$820
Other Expenses$199--$199
Total Functional Expenses$1,023,429$96,485$0$1,119,914
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The board is comprised of a large number of individuals from many different businesses in the region. The organizations represented on the board operate in a number of industries and serve a broad range of customers. As such, the various organizations represented by the board members have ordinary and usual business relationships with certain other organizations also represented on the board. Those relationships are all in the ordinary course of business and do not create conflicts of interest relative to the work of the organizations.

Form 990, Part VI, Section B, Line 11B

The form 990 information was compiled by the chief financial and administrative officer of the greater des moines partnership with support from its independent tax preparer. The review of the information ensured the accuracy of the data, along with compliance with irs requirements. The form 990 was reviewed in detail by the greater des moines partnership's finance committee to ensure its accuracy, transparency, and completeness. The form 990 was provided to all board members for their review.

Form 990, Part VI, Section B, Line 12C

Each year, all employees and board members review the conflict of interest policy. The policy requires that each individual acknowledges having received the policy, they've read and understood the policy, and agree to comply withthe policy. Employees disclose on a semi-annual basis any apparent or actual conflicts of interest. That information is reviewed by the officers of the greater des moines partnership, a related organization, in order to determine whether a conflict of interest does or may exist. According to the policy, if upon review of these disclosures, a conflict of interest does exist, a management plan will be developed and implemented to resolve the conflict of interest. During the year, there were no conflicts of interest identified for board members or for employees. Consistent with prior years, the annual affirmation was again conducted as of the first of the year.

Form 990, Part VI, Section C, Line 18

The organizations audit report is available to the public upon request. In every situation where the report was requested, the audit reports requested were provided.

Form 990, Part VI, Section C, Line 19

When governing documents such as articles of incorporation are requested, those have been shared. There have been infrequent requests for these documents, but in every case, information is shared as requested.

Filing and Contact Details

Filer

Filer Name
Downtown Dsm Inc
EIN
42-1174898
Phone
5152864950
Address
700 LOCUST STREET SUITE 100, DES MOINES, IA 50309

Signing Officer

Name
Amanda Briggs
Title
Cfao
Phone
5152864955
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Briggs
Formed
1981
Legal Domicile
Ia
Voting Board Members
35
Independent Board Members
35
Employees
4
Volunteers
150

Preparer

Firm
Andersen Tax LLC
Address
699 WALNUT STREET SUITE 1260, DES MOINES, IA 50309
Preparer
Holly Larson
Phone
5152453737
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm5ALEX BRIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm6ALEX CRUZ KOENIG
IRS990/Form990PartVIISectionAGrp/PersonNm7AMANDA WEATHERS
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IRS990/Form990PartVIISectionAGrp/PersonNm9ASHTIN HOTEK
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIDGET CRAVENS-NEELY
IRS990/Form990PartVIISectionAGrp/PersonNm11CAMERON NICHOLSON
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IRS990/Form990PartVIISectionAGrp/PersonNm27KATE HIGHTSHOE-LAMBERT
IRS990/Form990PartVIISectionAGrp/PersonNm28KATHRYN KUNERT
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IRS990/Form990PartVIISectionAGrp/PersonNm31MATT ANDERSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSITANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt035
IRS990/GrantsToIndividualsInd00
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IRS990/GrantToRelatedPersonInd00
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