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Kentucky · Public charity

Downtown Development Corporation

The louisville DOWNTOWN DEVELOPMENT CORPORATION(ddc) is a private, non profit 501(c)(3) organization dedicated to the long term economic health of downtown louisville and represents the community's civic and business leadership. Since 1988, ddc has played a crucial role in bringing together both the public and private sectors as partners…

$79k
Granted FY2024(still arriving)
1
Itemized grants FY2024
2
Organizations funded FY2022
100%
First-time grantees FY2022
Read the full brief
Itemized, FY2024
$25k
The rest is grants the schedule does not break out
Median grant, FY2024
$25,000
Largest grant, FY2024
$25,000
Organizations funded a year
1 to 5
FY2017 to FY2022
States reached, FY2024
1
Total assets, FY2024
$2.7M

How open it is to new grantees

In FY2022, 100% of the organizations Downtown Development Corporation funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2022, 0% of grant dollars renewed an existing relationship; $63k went to new ones.

50%100%’18’19’20’21’22
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22
Community ImprovementOther
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
FY2024still arriving1$25k0%
FY20222$63k100%
FY20215$65k60%
FY20201$23k0%
FY20191$30k0%
FY20183$48k67%
FY20174$79kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Arts & Culture$169kCommunity Improvement$132kPublic Benefit$25kYouth Development$6k

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Visual Presentation$119,7924n/a
Louisville Downtown Management District$52,5001n/a
Fund for the Arts Inc$41,50020%
Louisville Zoological Gardens$36,0002n/a
Transit Authority of River City$25,0001n/a
Waterfront Development Corporation$20,0002n/a
Greater Louisville Pride Foundation Inc$10,5001n/a
Louisville Tango Festival Inc$8,0001n/a
Louisville Area Chamber of Commerce Inc$7,25010%
Phriend LLC$6,0001n/a
Show all 11 grantees
All grantees of Downtown Development Corporation by total granted
GranteeTotal grantedYearsShare of their budget
Visual Presentation$119,7924n/a
Louisville Downtown Management District$52,5001n/a
Fund for the Arts Inc$41,50020%
Louisville Zoological Gardens$36,0002n/a
Transit Authority of River City$25,0001n/a
Waterfront Development Corporation$20,0002n/a
Greater Louisville Pride Foundation Inc$10,5001n/a
Louisville Tango Festival Inc$8,0001n/a
Louisville Area Chamber of Commerce Inc$7,25010%
Phriend LLC$6,0001n/a
Black Market Ky LLC$5,7251n/a

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About Downtown Development Corporation

How much does Downtown Development Corporation give?
Downtown Development Corporation reported 1 itemized grants totaling $25,000, out of $78,625 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 5 organizations a year over FY2017 to FY2022.
What does Downtown Development Corporation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Arts & Culture (51%), Community Improvement (40%), Public Benefit (8%).
Who are Downtown Development Corporation's largest grantees?
By total granted over FY2017 to FY2024: Visual Presentation ($120k), Louisville Downtown Management District ($53k), Fund for the Arts Inc ($42k).
Does Downtown Development Corporation fund new organizations?
In FY2022, 100% of the organizations it funded were first-time grantees.
Where is Downtown Development Corporation based?
Downtown Development Corporation is based in KY.

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 11 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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