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Ohio · Nonprofit

COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION

COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION (Ohio) receives grants from 6 organizations whose IRS filings report $22,789,500 to it, the largest being THE WEXNER FAMILY CHARITABLE FUND ($16,866,000). 3 of them have funded it in more than one year.

Revenue FY2024
$41M
Funders on record
6
Grants received
$23M
Net assets
$127M
3/6 repeat fundersgrants exceed reported revenue in one year
01What it does

What Columbus Downtown Development Corporation does

Mission

Planning, development, and management of projects for the revitalization of downtown columbus. Please see part I, line 1 and schedule o for continuation of the significant activities statement.

As stated on its FY2024 Form 990.

Program

  1. Cddc continues with the implementation of the 2010 strategic business plan developed with community input and promulgated by the mayor and city council. These efforts include the renovation of a former downtown department store into premier office and retail space, development of downtown parks through the oversight of the scioto mile park and the scioto greenways project, the construction of a new national veterans memorial and museum and the development of the downtown scioto peninsula. In november 2018, cddc's subsidiary sp holdings entered into separate purchase, sale and development agreements with three developers for development sites on scioto peninsula property the corporation and sp holdings are leasing from the city. See schedule o.the sales of these sites were completed in september 2020. The developers of the phase 1 office, hotel and residential sites started construction in 2021. The phase 1 office site opened in 2022, while the residential and hotel sites opened in 2023. Planning and development of the remaining components of the scioto peninsula master plan continued into 2024, with announcements for phase 2 expected in 2025. In response to a priority identified…

    $23,533,554 spentof which $632,353 as grants$9,732,533 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $23,533,554.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.0M) Expenses 100 ($5.9M) Net assets 100 ($162M)2018 Revenue 110 ($5.5M) Expenses 138 ($8.2M) Net assets 98 ($159M)2019 Revenue 411 ($20M) Expenses 234 ($14M) Net assets 103 ($168M)2020 Revenue 96 ($4.8M) Expenses 1201 ($71M) Net assets 63 ($102M)2021 Revenue 245 ($12M) Expenses 189 ($11M) Net assets 65 ($106M)2022 Revenue 426 ($21M) Expenses 248 ($15M) Net assets 68 ($110M)2023 Revenue 439 ($22M) Expenses 378 ($22M) Net assets 68 ($110M)2024 Revenue 821 ($41M) Expenses 414 ($24M) Net assets 78 ($127M)
'17'18'19'20'21'22'23'24
Revenue (821)Expenses (414)Net assets (78)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $182M to $116M (−36%).

$184M
$176M
$182M
$116M
$119M
$125M
$135M
$151M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 46% · 2018 0% · 2019 0% · 2022 46% · 2023 49% · 2024 73%. Grants only. Government contracts and fees sit inside program revenue.

74% of COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 696 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$964k
’17
−$2.7M
’18
$6.5M
’19
−$66M
’20
$943k
’21
$6.5M
’22
−$613k
’23
$16M
’24
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Greg Davies

CEO

Board chair

Alex Fischer

Board member/chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2021252028272324
Joined·+2+4+1+9+10+1+2
No longer listed·10611151
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $16M → $20k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $17M from 4 payers (the payer shares this organization's board, largest Columbus Foundation). These are real filings, and they are not money COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION raised.

From the IRS filings of COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION leans on a few funders — its largest provides 74% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

74%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 69% · 2018 99% · 2019 93% · 2020 87% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

97% of COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION's grant income comes from Ohio funders.

OH
DE

In-state vs out-of-state, by year

’17
’18
’19
’20
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 659 community improvement nonprofits its size.

Operating margin40% · top quartile
Months of reserve14.4mo · top quartile
Revenue growth (annualized)35% · top quartile

this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024

Organizations like COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 12 related entities

  • Cddc Holdings 17 Ltd · disregarded
  • Cddc Holdings 21 Ltd · disregarded
  • Cddc Holdings 37 Ltd · disregarded
  • Center City Dora Ltd · disregarded
  • Forty West Long Ltd · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION?
COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION (Ohio) receives grants from 6 organizations whose IRS filings report $22,789,500 to it, the largest being THE WEXNER FAMILY CHARITABLE FUND ($16,866,000). 3 of them have funded it in more than one year.
How many funders does COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION have?
IRS filings report 6 organizations giving $22,789,500 in grants to COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION?
THE WEXNER FAMILY CHARITABLE FUND is the largest funder on record, with $16,866,000 in grants. The full list of funders is on this page.
How can an organization like COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing