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New York · Public charity

Downtown Albany Restoration Program Inc

To restore, promote, and maintain the character and viability of downtown Albany and to improve the quality of life and overall image for those who live, work and visit the Capital City

$120k
Granted FY2021
5
Itemized grants FY2021
5
Organizations funded FY2021
100%
First-time grantees FY2021
Read the full brief
Itemized, FY2021
$28k
The rest is grants the schedule does not break out
Median grant, FY2021
$5,500
Largest grant, FY2021
$5,500
Organizations funded a year
1 to 5
FY2018 to FY2021
States reached, FY2021
1
Total assets, FY2021
$1.2M

How open it is to new grantees

In FY2021, 100% of the organizations Downtown Albany Restoration Program Inc funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2021, 0% of grant dollars renewed an existing relationship; $28k went to new ones.

50%100%’19’20’21
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20215$28k100%
FY20201$73k100%
FY20192$183k100%
FY20181$100kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2021.

Arts & Culture$185kHuman Services$115kCommunity Improvement$73kFood & Nutrition$6kRecreation & Sports$6k

Top grantees

Largest recipients by total granted, FY2018 to FY2021, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Broadway 414 LLC$100,0001n/a
Moutopoulous Brother Inc$98,4001n/a
420 Broadway Albany LLC$85,0001n/a
402 Broadway Enterprises LLC$73,4001n/a
Mc Gearys Irish Pub$5,5001n/a
Dawns Victory Sports Cafe$5,5001n/a
Wine and Dine Group LLC$5,5001n/a

Plus 2 recipients with no EIN on record ($11k), not named here.

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About Downtown Albany Restoration Program Inc

How much does Downtown Albany Restoration Program Inc give?
Downtown Albany Restoration Program Inc reported 5 itemized grants totaling $27,500, out of $119,666 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 1 and 5 organizations a year over FY2018 to FY2021.
What does Downtown Albany Restoration Program Inc fund?
By grant dollars over FY2018 to FY2021, its largest causes are Arts & Culture (48%), Human Services (30%), Community Improvement (19%).
Who are Downtown Albany Restoration Program Inc's largest grantees?
By total granted over FY2018 to FY2021: Broadway 414 LLC ($100k), Moutopoulous Brother Inc ($98k), 420 Broadway Albany LLC ($85k).
Does Downtown Albany Restoration Program Inc fund new organizations?
In FY2021, 100% of the organizations it funded were first-time grantees.
Where is Downtown Albany Restoration Program Inc based?
Downtown Albany Restoration Program Inc is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 9 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2021, the most recent year this funder made grants.

Source object · view filing

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