Historic Dupont Circle Main Streets
- Assets
- $255.1k
- Revenue
- $706.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 01/2005
- Data as of
- 09/2023
- EIN
- 45-0523612
Organization Overview
Historic Dupont Circle Main Streets is located in Washington, DC. The organization was established in 2005. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Historic Dupont Circle Main Streets employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Dupont Circle Main Streets 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 09/2023, Historic Dupont Circle Main Streets generated $706.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $616.4k during the year ending 09/2023. While expenses have increased by 8.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HISTORIC DUPONT CIRCLE MAIN STREET, INC., IS TO PROMOTE, COORDINATE AND MAINTAIN IMPROVEMENTS IN THE CULTURAL, ECONOMIC AND ENVIRONMENTAL QUALITIES OF THE DUPONT CIRCLE AND WOODLEY PARK NEIGHBORHOODS OF WASHINGTON, DC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023, HISTORIC DUPONT CIRCLE MAIN STREET INC. (ORGANIZATION), FOSTERED ECONOMIC DEVELOPMENT AND ORGANIZED COMMUNITY EVENTS IN THE DUPONT CIRCLE AND WOODLEY PARK NEIGHBORHOODS OF WASHINGTON, DC. THE ORGANIZATION HELPED KEEP THE DUPONT CIRCLE NEIGHBORHOOD CLEAN THROUGH THE CLEAN TEAM. THE TEAM TEACHES ITS MEMBERS DISCIPLINE, HARD WORK AND COMRADESHIP. THE TEAM PLANTS AND MAINTAINS LANDSCAPED AREAS SUCH AS ROAD MEDIANS. THE ORGANIZATION CONDUCTED A PROGRAM FOR BUSINESSES TO OBTAIN SIGNS, AWNINGS AND SIMILAR IMPROVEMENTS. IT REGULARLY REVIEWED LISTS OF VACANCIES AND CONTACTED IDEAL TENANTS IN THE AREAS OF RETAIL, RESTAURANTS AND SERVICES. IT HELPED BUSINESSES WITH MARKETING AND USE OF SOCIAL MEDIA. IT ALSO HELD SPECIAL COMMUNITY EVENTS. THE ORGANIZATION PROVIDED CONSULTING SERVICES AND GRANTS TO BUSINESSES AND SIMILAR MISSION ORGANIZATIONS. PROGRAM EXPENSES WERE SUPPLEMENTED BY DONATED FACILITY SPACE VALUED AT $4,200.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kain Director | Trustee | 1 | $0 |
Rob Halligan Director | Trustee | 1 | $0 |
Paul London Director | Trustee | 1 | $0 |
Robert Meins Director | Trustee | 1 | $0 |
Mesha Williams Director | Trustee | 1 | $0 |
Rev Susan Taylor Director, Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $630,192 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,769 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $674,961 |
| Total Program Service Revenue | $31,455 |
| Investment income | $184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $706,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $59,250 |
| Compensation of current officers, directors, key employees. | $9,835 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $900 |
| Other employee benefits | $2,453 |
| Payroll taxes | $5,733 |
| Fees for services: Management | $88,104 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,650 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,730 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,537 |
| All other expenses | $17,654 |
| Total functional expenses | $616,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,197 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,127 |
| Accounts payable and accrued expenses | $28,667 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,667 |
| Net assets without donor restrictions | $163,002 |
| Net assets with donor restrictions | $63,458 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,127 |