Civic Intelligence

Norman Downtowners Association

EIN 47-2985275 • 501(c)6 • Norman, OK

Profile

The purpose of the company is to foster an environment consistent with the area's function as a housing, entertainment, cultural, convention, business, artists, performing artists, sports activities and retail section of the city that supports downtown norman.

115 E Gray StNorman, OK 73069

downtonwnorman.com

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 2020

Liabilities / Revenue

50th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

45th percentile

-1.2%

Higher net margin than 45% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

48th percentile

-2.0%

Faster asset growth than 48% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

49th percentile

0.8%

Faster revenue growth than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$3,707

Down $74 (-2.0%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$3,707

Down $74 (-2.0%) from 2019

Operations
Liabilities / Revenue50th percentileNet Margin45th percentile

Revenue

Up

$6,200

Up $51 (+0.8%) from 2019

Expenses

Down

$6,274

Down $1,237 (-16%) from 2019

Net Income

Up

-$74

Up $1,288 (+95%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2015: $3,101Liabilities 2015: $0Net Assets 2015: $3,1012015Assets 2016: $7,123Liabilities 2016: $0Net Assets 2016: $7,1232016Assets 2017: $4,549Liabilities 2017: $0Net Assets 2017: $4,5492017Assets 2018: $5,143Liabilities 2018: $0Net Assets 2018: $5,1432018Assets 2019: $3,781Liabilities 2019: $0Net Assets 2019: $3,7812019Assets 2020: $3,707Liabilities 2020: $0Net Assets 2020: $3,7072020

Highlighted filing

2020

Assets$3,707
Liabilities$0
Net Assets$3,707
Open 2020 Filing

Operations Trend

Revenue Growth49th percentile

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

$10K$5.0K$0-$5.0KRevenue 2015: $6,364Expenses 2015: $3,263Net Income 2015: $3,1012015Revenue 2016: $6,125Expenses 2016: $2,103Net Income 2016: $4,0222016Revenue 2017: $5,983Expenses 2017: $8,557Net Income 2017: -$2,5742017Revenue 2018: $5,075Expenses 2018: $4,481Net Income 2018: $5942018Revenue 2019: $6,149Expenses 2019: $7,511Net Income 2019: -$1,3622019Revenue 2020: $6,200Expenses 2020: $6,274Net Income 2020: -$742020

Highlighted filing

2020

Revenue$6,200
Expenses$6,274
Net Income-$74
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,707
Liabilities
$0
Net assets
$3,707
Revenue
$6,200
Expenses
$6,274
Net income
-$74
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$3,707$0$3,707$6,200$6,274$74
2019Detailed filing. Detailed filing data is available for this year.$3,781$0$3,781$6,149$7,511$1,362
2018Detailed filing. Detailed filing data is available for this year.$5,143$0$5,143$5,075$4,481$594
2017Detailed filing. Detailed filing data is available for this year.$4,549$0$4,549$5,983$8,557$2,574
2016Detailed filing. Detailed filing data is available for this year.$7,123$0$7,123$6,125$2,103$4,022
2015Detailed filing. Detailed filing data is available for this year.$3,101$0$3,101$6,364$3,263$3,101
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 20, 2021
Return Version
2020v4.1
Gross Receipts
$6,200
Mission and Program Overview

Mission

The purpose of the company is to foster an environment consistent with the area's function as a housing, entertainment, cultural, convention, business, artists, performing artists, sports activities and retail section of the city that supports downtown norman.

Program Services

DescriptionGrantsExpenses
PROVIDING ORGANIZATIONAL SUPPORT FOR EVENTS IN DOWNTOWN NORMAN, OKLAHOMA SUCH AS SECOND FRIDAY ART WALK, NORMAN MUSIC FESTIVAL AND NORMAN FALL FESTIVAL.$0$0
COLLABORATING WITH OTHER ORGANIZATIONS INTERESTED IN URBAN REVITALIZATION AND DEVELOPMENT$0$0
ASSISTING OTHER ORGANIZATIONS WITH SIMILAR AND COMPATIBLE INTEREST IN MAINTAINING DOWNTOWN NORMAN$0$0
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN KORANDAChair/Secretary-$0--
ERINN GAVAGHANVice Chair-$0--
CHUCK THOMPSONTreasurer-$0--
DAN SCHEMMDirector-$0--
NATHAN THOMPSONDirector-$0--
JIM ADAIRDirector-$0--
RONALD FRANTZDirector-$0--
GABRIEL BIRDDirector-$0--
JAMES HOWARDDirector-$0--
MATT ROBINSONDirector-$0--
ANDY GMEINERDirector-$0--
RUSTY RASMUSSENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Norman Downtowners Association
EIN
47-2985275
Phone
4063605369
Address
115 E GRAY ST, NORMAN, OK 73069

Signing Officer

Name
Chuck Thompson
Title
Treasurer
Phone
4063605369
Signed
2021-10-20
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly Llp
Address
2402 WESTPORT DR, NORMAN, OK 73069-6336
Preparer
Kelley Grace CPA
Phone
4052922900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: norman arts council. Grantee address: 122 e main st norman, ok 73069. Amount given: 1,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: downtown lighting. Amount: 2,463. Description: insurance. Amount: 1,249. Description: event expenses. Amount: 300. Total to form 990-ez, line 16: 4,012.”

Raw XML Appendix172 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORMAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04012
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE COMPANY IS TO FOSTER AN ENVIRONMENT CONSISTENT WITH THE AREA'S FUNCTION AS A HOUSING, ENTERTAINMENT, CULTURAL, CONVENTION, BUSINESS, ARTISTS, PERFORMING ARTISTS, SPORTS ACTIVITIES AND RETAIL SECTION OF THE CITY THAT SUPPORTS DOWNTOWN NORMAN.
IRS990EZ/PrintingPublicationsPostageAmt0267
IRS990EZ/ProgramServiceRevenueAmt01800
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING ORGANIZATIONAL SUPPORT FOR EVENTS IN DOWNTOWN NORMAN, OKLAHOMA SUCH AS SECOND FRIDAY ART WALK, NORMAN MUSIC FESTIVAL AND NORMAN FALL FESTIVAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COLLABORATING WITH OTHER ORGANIZATIONS INTERESTED IN URBAN REVITALIZATION AND DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ASSISTING OTHER ORGANIZATIONS WITH SIMILAR AND COMPATIBLE INTEREST IN MAINTAINING DOWNTOWN NORMAN
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt06274
IRS990EZ/TotalRevenueAmt06200
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0DOWNTONWNORMAN.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: NORMAN ARTS COUNCIL. GRANTEE ADDRESS: 122 E MAIN ST NORMAN, OK 73069. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DOWNTOWN LIGHTING. AMOUNT: 2,463. DESCRIPTION: INSURANCE. AMOUNT: 1,249. DESCRIPTION: EVENT EXPENSES. AMOUNT: 300. TOTAL TO FORM 990-EZ, LINE 16: 4,012.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHUCK THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04063605369
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORMAN DOWNTOWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0NORM
ReturnHeader/Filer/EIN0472985275
ReturnHeader/Filer/PhoneNum04063605369
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 E GRAY ST
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLEY GRACE CPA
ReturnHeader/ReturnTs02021-10-26T09:53:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHUCK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THOMPSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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