Downtown Frederick Partnership Inc

Organization Overview

Downtown Frederick Partnership Inc is located in Frederick, MD. The organization was established in 1990. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Downtown Frederick Partnership Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Frederick Partnership Inc 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 06/2022, Downtown Frederick Partnership Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 8.6% per year over the past 7 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.

Since 2016, Downtown Frederick Partnership Inc has awarded 27 individual grants totaling $229,423. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DOWNTOWN FREDERICK PARTNERSHIP WORKS TO ENHANCE, PROMOTE AND PRESERVE THE VITALITY, LIVABILITY AND DIVERSITY OF DOWNTOWN FREDERICK, A NATIONAL MAIN STREET COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION FORMED TO ENHANCE, PROMOTE AND PRESERVE THE VITALITY, LIVABILITY AND DIVERSITY OF DOWNTOWN FREDERICK, MARYLAND. CURRENT MAJOR PROGRAMS INCLUDE LIVE DOWNTOWN, WORK DOWNTOWN, STAY DOWNTOWN, PLAY DOWNTOWN AND CONNECT DOWNTOWN. COLLECTIVELY PARTNERSHIP EVENTS, PRIMARILY FIRST SATURDAY, ATTRACTS ABOUT 150,000 PEOPLE TO DOWNTOWN FREDERICK EACH YEAR. ALIVE @ 5 BROUGHT IN OVER 18,000 FOR FY22.


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Board, Officers & Key Employees

Name (title)Compensation
Kara Norman
Executive Director
$112,604
Carla Clarke
President
$0
Derek Mcgee
Vice-President
$0
Chris Smariga
Treasurer
$0
Sean Norris
Director
$0
Kelly Russell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $478,457
All other contributions, gifts, grants, and similar amounts not included above$507,046
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$985,503
Total Program Service Revenue$898,370
Investment income $3,104
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 $1,886,977

Grants Awarded

Over the last fiscal year, Downtown Frederick Partnership Inc has awarded $73,124 in support to 7 organizations.

Grant RecipientAmount

FERGUSON PROPERTIES LLC

PURPOSE: FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE SPRINKLER SYSTEM

$21,729

SOMA INVESTMENTS LLC

PURPOSE: FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE EXTERIOR FACADES OF BUILDINGS. FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE INTERIOR OF RETAIL SPACES

$14,000

FREDERICK STRENGTH AND CONDITIONING

PURPOSE: FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE EXTERIOR FACADES OF BUILDINGS

$10,000

SADIE LLC

PURPOSE: FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE EXTERIOR FACADES OF BUILDINGS

$7,357

10 CLARKE PLACE

PURPOSE: FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE EXTERIOR FACADES OF BUILDINGS

$6,838

FREDERICKTOWNE PROPERTY LLC

PURPOSE: FUNDS USED TO MAKE CAPITAL IMPROVEMENTS TO THE EXTERIOR FACADES OF BUILDINGS

$6,750
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Downtown Frederick Partnership Inc has recieved totaling $311,495.

Awarding OrganizationAmount
Tourism Council Of Frederick County Inc

Frederick, MD

PURPOSE: TRIPP ADVERTISING & MAIN STREET PROGRAMS

$165,218
Delaplaine Foundation Inc

Frederick, MD

PURPOSE: MUSIC SERIES

$47,000
The Ausherman Family Trust

Frederick, MD

PURPOSE: SATURDAY PROFILE STUDY & CARROLL CREEK PARK

$40,000
Ausherman Family Foundation Inc

Frederick, MD

PURPOSE: FOR SUPPORT OF EXEMPT PURPOSE

$33,750
Joseph D Baker Fund Inc

Frederick, MD

PURPOSE: CHARITABLE USE

$15,000
William E Cross Foundation Inc

Frederick, MD

PURPOSE: FOR PROGRAM SERVICES

$10,000
View Grant Recipient Profile

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