Downtown Events Group Inc is a 501(c)(3) organization based in Des Moines, Iowa, registered in 2005, with $1,515,360 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$1.5M
▲ 2.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.4M
Net assets
$41K
Employees
—
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 Events Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Events Group Inc: 0 mo reserves · +11% margin earns a C on this criterion. See the exact thresholds →
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 Events Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Events Group Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $817K (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$193K
Total liabilities
$151K
Net assets
$41K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,515,360▲2.9% | $1,352,404▼0.3% | $41,478▲134% | $192,667▼18.9% | 990 |
| 2023 | $1,472,914▲252% | $1,356,134▲123% | -$121,478▲49.0% | $237,513▲410% | 990 |
| 2022 | $418,181▼43.3% | $608,760▼15.2% | -$238,258▼400% | $46,540▼70.3% | 990 |
| 2021 | $737,514▲45.9% | $717,950▲74.5% | -$47,679▲29.1% | $156,873▲68.4% | 990 |
| 2020 | $505,378▼36.0% | $411,428▼44.9% | -$67,243▲58.3% | $93,167▲17.8% | 990 |
| 2019 | $789,892▲13.1% | $746,663▲18.4% | -$161,193▲21.1% | $79,081▼25.9% | 990 |
| 2018 | $698,437▼10.9% | $630,420▼8.6% | -$204,422▲25.0% | $106,760▲53.4% | 990 |
| 2017 | $783,743▲1.8% | $689,748▼6.1% | -$272,439▲25.7% | $69,587▼27.1% | 990 |
| 2016 | $769,832▲9.7% | $734,881▲13.6% | -$366,434▲8.7% | $95,416▲75.4% | 990 |
| 2015 | $702,008▼17.9% | $646,939▼38.1% | -$401,385▲12.1% | $54,399▲1276% | 990 |
| 2014 | $854,578▲4.6% | $1,045,809▲8.0% | -$456,454▼72.1% | $3,952▼93.9% | 990 |
| 2013 | $816,619 | $968,500▲42.5% | -$265,223▼134% | $64,841▼20.0% | 990 |
| 2012 | — | $679,608▲40.6% | -$113,342▼332% | $81,027▼7.4% | 990 |
| 2011 | — | $483,368 | -$26,248 | $87,475 | 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.
61 grants to Downtown Events Group Inc totaling $1.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central Iowa Hospital Corporation | Capital building campaign | 2024 | $266,000 |
| Community Fdn of Greater Des Moines | Operating grant cycle 2024 - first quarter payment | 2024 | $88,000 |
| Prairie Meadows Race Track & Casino Inc | Downtown farmers' market | 2024 | $60,000 |
| Prairie Meadows Race Track & Casino Inc | 2024 world food & music festival | 2024 | $25,000 |
| Prairie Meadows Race Track & Casino Inc | 2024 downtown activations | 2024 | $10,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2024 | $10,000 |
| Prairie Meadows Race Track & Casino Inc | 2024 holiday promenade | 2024 | $10,000 |
| Prairie Meadows Race Track & Casino Inc | 2024 winter market | 2024 | $10,000 |
| Prairie Meadows Race Track & Casino Inc | 2023 world food & music festival | 2023 | $25,000 |
| Prairie Meadows Race Track & Casino Inc | 2024 book festival | 2023 | $25,000 |
| Central Iowa Hospital Corporation | Event sponsor | 2023 | $19,403 |
| Prairie Meadows Race Track & Casino Inc | 2023 holiday promenade in the historic east village | 2023 | $10,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,000 |
| Central Iowa Hospital Corporation | Capital building campaign | 2022 | $250,000 |
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Data for Downtown Events Group Inc (EIN 75-3175987) 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.