Civic Intelligence

Downtown Stl Inc

990 • Fiscal year 2017 • EIN 43-0735493

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

720 Olive St No 450St Louis, MO 63101

(314) 436-6500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.54x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.06x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

22nd percentile

-3.0%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$272,627

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

4th percentile

-23%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-11%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$289,687

Down $84,530 (-23%) from 2016

Net Assets

Down

$134,129

Down $76,621 (-36%) from 2016

Liabilities

Down

$155,558

Down $7,909 (-4.8%) from 2016

Revenue

Down

$2,556,074

Down $314,570 (-11%) from 2016

Expenses

Down

$2,632,695

Down $214,364 (-7.5%) from 2016

Net Income

Down

-$76,621

Down $100,206 (-425%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $164,778Liabilities 2010: $71,391Net Assets 2010: $93,3872010Assets 2011: $163,675Liabilities 2011: $45,564Net Assets 2011: $118,1112011Assets 2012: $410,332Liabilities 2012: $197,485Net Assets 2012: $212,8472012Assets 2013: $488,901Liabilities 2013: $303,182Net Assets 2013: $185,7192013Assets 2014: $306,874Liabilities 2014: $165,441Net Assets 2014: $141,4332014Assets 2015: $350,650Liabilities 2015: $163,485Net Assets 2015: $187,1652015Assets 2016: $374,217Liabilities 2016: $163,467Net Assets 2016: $210,7502016Assets 2017: $289,687Liabilities 2017: $155,558Net Assets 2017: $134,1292017Assets 2018: $409,056Liabilities 2018: $251,063Net Assets 2018: $157,9932018Assets 2019: $520,513Liabilities 2019: $342,353Net Assets 2019: $178,1602019Assets 2020: $497,183Liabilities 2020: $395,845Net Assets 2020: $101,3382020Assets 2021: $160,099Liabilities 2021: $736Net Assets 2021: $159,3632021Assets 2022: $141,061Liabilities 2022: $272Net Assets 2022: $140,7892022Assets 2023: $129,779Liabilities 2023: $7,391Net Assets 2023: $122,3882023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$289,687
Liabilities$155,558
Net Assets$134,129

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,486,3022010Expenses 2011: $2,379,9632011Expenses 2012: $2,428,1582012Revenue 2013: $2,652,672Expenses 2013: $2,679,800Net Income 2013: -$27,1282013Revenue 2014: $2,559,907Expenses 2014: $2,604,193Net Income 2014: -$44,2862014Revenue 2015: $2,790,199Expenses 2015: $2,764,267Net Income 2015: $25,9322015Revenue 2016: $2,870,644Expenses 2016: $2,847,059Net Income 2016: $23,5852016Revenue 2017: $2,556,074Expenses 2017: $2,632,695Net Income 2017: -$76,6212017Revenue 2018: $2,237,380Expenses 2018: $2,213,516Net Income 2018: $23,8642018Revenue 2019: $1,918,904Expenses 2019: $1,898,737Net Income 2019: $20,1672019Revenue 2020: $2,197,739Expenses 2020: $2,274,561Net Income 2020: -$76,8222020Revenue 2021: $1,272,902Expenses 2021: $1,216,247Net Income 2021: $56,6552021Revenue 2022: $3,319Expenses 2022: $21,893Net Income 2022: -$18,5742022Revenue 2023: $0Expenses 2023: $18,401Net Income 2023: -$18,4012023Revenue 2024: $0Expenses 2024: $122,388Net Income 2024: -$122,3882024

Highlighted filing

2017

Revenue$2,556,074
Expenses$2,632,695
Net Income-$76,621
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$2,654,536
Mission and Program Overview

Mission

Downtown stl, inc's mission is to be a catalyst for economic development, residential growth and place-making such that the 2.8 million people in the metropolitan statistical area are engaged in downtown; have a positive perception of downtown; consider downtown a destination for dining, entertainment and culture; and advocate for investment in downtown and promote it as a positive destination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,562$159,976▲ $55,414
Prepaid Expenses and Deferred Charges$45,939$50,659▲ $4,720
Land, Buildings, and Equipment, Net$33,385$28,670▼ $4,715
Accounts Receivable$105,145$20,327▼ $84,818
Total Assets$374,217$289,687▼ $84,530
Other Assets Total$85,186$30,055▼ $55,131
Liabilities
Other Liabilities$149,661$124,450▼ $25,211
Accounts Payable and Accrued Expenses$11,839$20,363▲ $8,524
Deferred Revenue$1,967$10,745▲ $8,778
Total Liabilities$163,467$155,558▼ $7,909
Net Assets / Fund Balance
Unrestricted Net Assets$210,750$134,129▼ $76,621
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$210,750$134,129▼ $76,621
Total Liabilities and Net Assets / Fund Balance$374,217$289,687▼ $84,530

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,215$80,006-
Leasehold Improvements$13,455$33,456-
Other Assets Org$30,055--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Missy KelleyPresident/CEOPT$153,440$10,136$163,576
Mike SondagChief Administrative Offic-$6,702$139,986$146,688
Craig HellerDirector of DevelopmentPT$27,210$110,039$137,249

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$412,951
Program Service Revenue
$2,241,585
Investment Income
$0
Other Revenue
$-98,462
Change in Net Assets
$-76,621

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,556,074
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$98,462
Total Revenue per Audited Statements
$2,654,536
Total Revenue per Form 990
$2,556,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,346,609
Other Expenses$286,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,738,598
Other Employee Benefits---$295,357
Current Officers, Directors, Trustees, and Key Employees---$170,911
Payroll Taxes---$141,743
Occupancy---$95,694
Fees for Services Accounting---$92,856
Office Expenses---$38,503
Travel---$22,937
Insurance---$16,530
Depreciation Depletion---$10,757
Conferences and Meetings---$1,234
Other Expenses---$142
Total Functional Expenses$0$0$0$2,632,695

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,731,157
Expenses per Audited Statements$2,632,695
Total Expenses per Form 990$2,632,695
Expenses Not Reported on Form 990$98,462
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$98,462
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$66,787-$59,026-
Issues and Answers$50,377-$39,436-
Total Events$118,627-$98,462$-98,462
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$101,092
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$108,165
Straight-line Lease Liability$12,510
Tenant Improvement Allowance Liability$3,775
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Downtown stl, inc. Has one class of members.

Form 990, Part VI, Section A, Line 7B

The membership has the right to vote on any referendum brought to them by the board of directors.

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

The form 990 is reviewed by the president, chief administrative officer, and the finance committee of the board of directors prior to filing.

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

Downtown stl, inc. Requires its board members to complete a conflict of interest self-disclosure questionnaire annually.

Form 990, Part VI, Section B, Line 15A

The chairperson of the board reviews the comparability data and sets the compensation for the president. The president reviews and approves the compensation for the other officers and key employees.

Form 990, Part VI, Section C, Line 19

Downtown stl, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Downtown Stl Inc
EIN
43-0735493
Phone
3144366500
Address
720 OLIVE ST NO 450, ST LOUIS, MO 63101

Signing Officer

Name
Missy Kelley
Title
President/CEO
Phone
3144366500
Signed
2018-05-14

Organization Details

Principal Officer
Missy Kelley
Formed
1958
Legal Domicile
Mo
Voting Board Members
45
Independent Board Members
44
Employees
58
Volunteers
44

Preparer

Firm
Rsm US Llp
Address
8182 MARYLAND AVENUE SUITE 900, ST LOUIS, MO 63105
Preparer
Steve Johnson
Phone
3142414100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(6) of the internal revenue code and similar provisions of state law. The organization files federal information returns. The statutes of limitations for information returns filed for the tax years ended june 30, 2014 through 2016 have not expired and therefore are subject to examination. The financial accounting standards board (fasb) issued accounting standards codification (asc) section 740-10 (formerly known as fasb interpretation no. 48), accounting for uncertainty in income taxes - an interpretation of fasb no. 109. This interpretation clarifies the accounting for income taxes by prescribing the minimum standard a tax position is required to meet before being recognized in the financial statements. The organization has not taken any uncertain tax positions that should be accounted for under asc section 740-10.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct expense of fundraising events 98,462.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct expense of fundraising events 98,462.

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IRS990/Form990PartVIISectionAGrp/PersonNm45LAWRENCE O'TOOLE
IRS990/Form990PartVIISectionAGrp/PersonNm46CRAIG HELLER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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/TitleTxt18DIRECTOR
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/TitleTxt27EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt32VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt33SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35CHIEF ADMINISTRATIVE OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt36PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt39DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.12$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.00$0.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.27$1.22$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.40$0.10$2.20$2.27$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.34$0.18$1.92$1.90$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.25$0.16$2.24$2.21$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.16$0.13$2.56$2.63$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.16$0.21$2.87$2.85$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.16$0.19$2.79$2.76$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.17$0.14$2.56$2.60$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.30$0.19$2.65$2.68$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.20$0.21$2.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.05$0.12$2.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.07$0.09$2.49