Downtown Sioux Falls is a 501(c)(4) organization based in Sioux Falls, South Dakota, registered in 1989, with $1,173,256 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.2M
▲ 10.7% vs prior year
Expenses (FY2024)
$1.4M
Net assets
$775K
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 Sioux Falls— 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 Sioux Falls: 7 mo reserves · -17% 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 Sioux Falls— 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 Sioux Falls: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $988K (FY2013) to $1.2M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-16.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$382K
Net assets
$775K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,173,256▲10.7% | $1,367,548▲30.9% | $775,457▼20.0% | $1,157,650▼20.1% | 990 |
| 2023 | $1,059,476▲16.5% | $1,045,018▲8.8% | $969,749▲1.5% | $1,449,666▲14.3% | 990 |
| 2022 | $909,771▼3.5% | $960,841▼0.6% | $955,291▼5.1% | $1,268,781▼3.4% | 990 |
| 2021 | $943,014▲13.0% | $966,242▲18.8% | $1,006,361▼2.3% | $1,313,562▲1.2% | 990 |
| 2020 | $834,798▼2.3% | $813,160▼3.4% | $1,029,589▲2.1% | $1,297,403▲12.0% | 990 |
| 2019 | $854,870▲9.0% | $842,118▼3.4% | $1,007,951▲1.3% | $1,158,239▲6.5% | 990 |
| 2018 | $784,566▼1.2% | $872,167▲34.5% | $995,201▲3.1% | $1,087,235▲9.6% | 990 |
| 2015 | $794,136▲10.6% | $648,475▼1.5% | $965,064▲17.8% | $992,333▲17.7% | 990 |
| 2014 | $718,334▼27.3% | $658,526▲14.3% | $819,403▲7.9% | $842,935▲7.4% | 990 |
| 2013 | $987,599 | $575,888▲2.1% | $759,595▲118% | $784,947▲115% | 990 |
| 2012 | — | $564,246▼16.0% | $347,885▲29.4% | $365,211▲19.4% | 990 |
| 2011 | — | $671,987▲5.8% | $268,860▼11.7% | $305,970▼7.7% | 990 |
| 2010 | — | $634,914 | $304,398 | $331,528 | 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.
26 grants to Downtown Sioux Falls totaling $467K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | Community challenge grant to support reconnecting communities | 2024 | $20,500 |
| Sioux Falls Area Community Foundation Inc | Clean and safer service evaluation, program support | 2024 | $15,500 |
| Avera Health | Community development | 2023 | $10,000 |
| Sioux Falls Area Community Foundation Inc | Street musician program, holiday lights | 2022 | $34,697 |
| Sanford | Economic development | 2022 | $29,104 |
| Avera Health | Sponsorship | 2022 | $18,000 |
| Sioux Falls Area Community Foundation Inc | Program support | 2021 | $79,000 |
| Sanford | Economic development | 2021 | $27,457 |
| Avera Health | Sponsorship | 2021 | $6,000 |
| Sanford | Yearly donation for downtown trolley | 2020 | $24,371 |
| Avera Health | Sponsorship | 2020 | $22,000 |
| AARP | Sponsorship of the dtsf passport app. to support aarp's livable communities initiative | 2020 | $10,000 |
| AARP | General support | 2019 | $24,365 |
| AARP | General support | 2019 | $24,365 |
| Sanford | Support donation to downtown sf $5k; donation to riverfest event $3,500 | 2019 | $8,500 |
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Data for Downtown Sioux Falls (EIN 36-3627217) 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.