Danville Business Alliance
- Assets
- $341.4k
- Revenue
- $140.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Danville, PA
- Founding
- 08/2006
- Data as of
- 06/2021
- EIN
- 23-3076617
Organization Overview
Danville Business Alliance is located in Danville, PA. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Danville Business Alliance employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danville Business Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Danville Business Alliance generated $140.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $125.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SERVE CHARITABLE PURPOSES. SPECIFICALLY, THE EDUCATION OF ITS COMMUNITY, THE PRESERVATION OF ITS HISTORICAL AND ARCHITECTURAL HERITAGE AND THE PROMOTION OF THE ARTS IN ITS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOWNTOWN BEAUTIFICATION AND PROMOTION OF THE HISTORICAL AND ARCHITECTURAL HERITAGE OF DOWNTOWN DANVILLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Dressler Executive Director | Officer | 40 | $46,889 |
Catherine Caldwell President | OfficerTrustee | 2 | $0 |
Jay Reed Vice President | OfficerTrustee | 2 | $0 |
Brian Wiktor Secretary | OfficerTrustee | 2 | $0 |
Andrew Arnold Treasurer | OfficerTrustee | 2 | $0 |
Tom Forrestal Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,885 |
| Investment income | $189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,213 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,966 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $46,889 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,478 |
| Office expenses | $11,999 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,579 |
| Travel | $272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,371 |
| All other expenses | $0 |
| Total functional expenses | $125,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,022 |
| Savings and temporary cash investments | $11,420 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,442 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $69,818 |
| Other liabilities | $1,880 |
| Total liabilities | $71,698 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $269,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Danville Business Alliance has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Columbia County Tourist Promotion Agency Inc Bloomsburg, PA PURPOSE: TOURISM | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music And Event Management Inc Cincinnati, OH | $33,809,112 | $73,072,797 |
Cuyahoga County Convention Facilities Development Corporation Cleveland, OH | $27,851,572 | $49,456,687 |
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |
Westchester Academic Library Directors Organization Inc New York, NY | $47,276,623 | $38,534,511 |
Pro Publica Inc New York, NY | $60,782,681 | $36,005,300 |
Pittsburgh Trust For Cultural Resources Pittsburgh, PA | $189,016,990 | $50,601,813 |
Dia Center For The Arts Inc New York, NY | $215,209,262 | $19,693,933 |
Munson-Williams-Proctor Arts Institute Utica, NY | $139,434,457 | $25,944,561 |
Bethel Woods Center For The Arts Inc Liberty, NY | $30,099,296 | $24,809,456 |
Artsquest Bethlehem, PA | $46,615,180 | $27,430,533 |
Lincoln Park Performing Arts Center Midland, PA | $37,610,958 | $11,880,429 |
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |