Downtown Des Moines Self-supported Municipal Improvement District
Only null% goes to programs Strong reserves
Downtown Des Moines Self-supported Municipal Improvement District is a 501(c)(6) organization based in Des Moines, Iowa, registered in 2003, with $2,791,259 in FY2024 revenue. CharityIndex grades it C+.
700 Locust St Ste 100, Des Moines, IA, 50309 EIN 86-1058466 Since 2003
Revenue (FY2024)
$2.8M
▼ 13.4% vs prior year
Community median: $184K
Expenses (FY2024)
$3.2M
Net assets
$2.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Downtown Des Moines Self-supported Municipal Improvement District— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating9 mo reserves · -15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Downtown Des Moines Self-supported Municipal Improvement District: 9 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Downtown Des Moines Self-supported Municipal Improvement District— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Downtown Des Moines Self-supported Municipal Improvement District: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 700 Locust St Ste 100, Des Moines, IA, 50309
- City
- Des Moines
- State
- Iowa
- Subcategory
- Business & Industry Associations
- Website
- …
Financial trends
Revenue declined from $3.1M (FY2020) to $2.8M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $649KNet assets $2.5M
Operating margin
-14.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$649K
Net assets
$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,791,259▼13.4% | $3,204,108▼1.1% | $2,485,754▼14.2% | $3,134,445▼10.9% | 990 |
| 2023 | $3,221,470▼2.1% | $3,239,459▼8.0% | $2,898,603▼0.6% | $3,519,194▼4.8% | 990 |
| 2022 | $3,290,652▲9.3% | $3,521,320▲29.8% | $2,916,592▼7.3% | $3,694,788▲0.6% | 990 |
| 2021 | $3,009,507▼2.6% | $2,712,308▲3.5% | $3,147,261▲10.4% | $3,674,454▲13.8% | 990 |
| 2020 | $3,090,620 | $2,621,802 | $2,850,062 | $3,227,975 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $619K total
21 grants to Downtown Des Moines Self-supported Municipal Improvement District totaling $619K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Prairie Meadows Race Track & Casino Inc | Moving fresque | 2024 | $72,902 |
| Central Iowa Hospital Corporation | Event sponsor | 2024 | $46,667 |
| Central Iowa Hospital Corporation | Program support | 2023 | $46,667 |
| Central Iowa Hospital Corporation | Program support | 2022 | $35,000 |
| Catholic Health Initiatives-iowa Corp | Community support | 2022 | $15,000 |
| Prairie Meadows Race Track & Casino Inc | Court district enterainment zone - 2021 | 2021 | $75,000 |
| Central Iowa Hospital Corporation | Program support | 2020 | $35,000 |
| Catholic Health Initiatives-iowa Corp | Community support | 2020 | $30,000 |
| Central Iowa Hospital Corporation | Program support | 2019 | $26,000 |
| Central Iowa Hospital Corporation | Program support | 2019 | $26,000 |
| Prairie Meadows Race Track & Casino Inc | Brenton skating plaza zamboni | 2019 | $20,000 |
| Central Iowa Hospital Corporation | Program support | 2018 | $21,000 |
| Central Iowa Hospital Corporation | Program support | 2017 | $21,000 |
| Catholic Health Initiatives-iowa Corp | Community support | 2017 | $15,000 |
| Prairie Meadows Race Track & Casino Inc | Brenton skating plaza. | 2017 | $7,000 |
Similar organizations in Community
Community
Muscatine Center For Social Action
Muscatine, IA
$2.7M
Bannual revenue
Community
Dubuque Area Convention and Visitors Bureau
Dubuque, IA
$2.8M
Bannual revenue
- Community
Iowa Rural Health Telecommunications Program
Des Moines, IA
$2.9M
C+annual revenue
- Community
Ocdc Inc
Orange City, IA
$2.6M
C+annual revenue
Community
Newbo City Market
Cedar Rapids, IA
$2.5M
Bannual revenue
- Community
Guttenberg Economic and Industrial Development Committee
Guttenberg, IA
$3.2M
Dannual revenue
- Community
Center At Sixth
Des Moines, IA
$3.2M
C+annual revenue
Community
Healthcare Quality Association On Accreditation Inc
Waterloo, IA
$2.3M
Bannual revenue
- Community
Neighborhood Investment Corporation
Des Moines, IA
$2.2M
Fannual revenue
Community
Downtown Parking Management Inc
Cedar Rapids, IA
$3.5M
Dannual revenue
Compare Downtown Des Moines Self-supported Municipal Improvement District
Frequently asked questions
- Is Downtown Des Moines Self-supported Municipal Improvement District a legitimate nonprofit?
- Yes. Downtown Des Moines Self-supported Municipal Improvement District is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 86-1058466, based in Des Moines, Iowa.
- What is Downtown Des Moines Self-supported Municipal Improvement District's EIN?
- Downtown Des Moines Self-supported Municipal Improvement District's Employer Identification Number (EIN) is 86-1058466.
- How much revenue does Downtown Des Moines Self-supported Municipal Improvement District report?
- Downtown Des Moines Self-supported Municipal Improvement District reported $2,791,259 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Downtown Des Moines Self-supported Municipal Improvement District have?
- CharityIndex grades Downtown Des Moines Self-supported Municipal Improvement District C+, based on financial health (reserves and operating margin).
More nonprofits in Des Moines
Explore more
Data for Downtown Des Moines Self-supported Municipal Improvement District (EIN 86-1058466) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.