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Iowa · Nonprofit

DOWNTOWN EVENTS GROUP INC

DOWNTOWN EVENTS GROUP INC (Iowa) receives grants from 6 organizations whose IRS filings report $156,000 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($40,000). 4 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
6
Grants received
$156k
Net assets
$117k
4/6 repeat funderspeak grant-dependency 4%
01What it does

What Downtown Events Group Inc does

Mission

Producing annual large-scale festivals and events to enhance the quality of life, economic activity, and cultural diversity in greater des moines.

As stated on its FY2025 Form 990.

Programs

  1. The festival began in 2005 and is a three-day event which celebrates iowa's diversity and culture. It encompasses culinary vendors that highlight cuisine from around the globe, professional cooking demonstrations, interactive cultural education programs, dancers and musicians. Authentic cultural experiences are enjoyed by all. Attendance has reached over 100,000 people over the three-day event. The expenses incurred reflect all costs incurred in carrying out the various aspects of the event

    $432,183 spent$410,003 earned by the program
    29% of program spending
  2. Downtown des moines farmers market the market, which dates back to 1976, is held each saturday from may to october. The market boasts over 320 vendors and averages more than 35,000 in attendance each week. In addition, an indoor winter market is held over one weekend in november. The nationally-recognized market includes a variety of vendors and product offerings and is produced, operated, and managed by the organization.

    $331,393 spent$709,014 earned by the program
    22% of program spending
  3. Activations are surprise and delight moments that downtown residents, visitors and employees can stumble upon and enjoy. Previous activations have included; hide & seek ornaments you keep, the great dsm hot air balloon hunt, out to lunch and more. These events offer des moines (dsm) new opportunities to explore and support small businesses in downtown dsm.

    $17,595 spent$17,750 earned by the program
    1% of program spending
  4. Other program services, not described on the e-filed return.

    $700,295 spent
    47% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,481,466.

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 ($784k) Expenses 100 ($690k) Net assets -657 ($-272439)2018 Revenue 89 ($698k) Expenses 91 ($630k) Net assets -493 ($-204422)2019 Revenue 101 ($790k) Expenses 108 ($747k) Net assets -389 ($-161193)2020 Revenue 64 ($505k) Expenses 60 ($411k) Net assets -162 ($-67243)2021 Revenue 94 ($738k) Expenses 104 ($718k) Net assets -115 ($-47679)2022 Revenue 53 ($418k) Expenses 88 ($609k) Net assets -574 ($-238258)2023 Revenue 188 ($1.5M) Expenses 197 ($1.4M) Net assets -293 ($-121478)2024 Revenue 193 ($1.5M) Expenses 196 ($1.4M) Net assets 100 ($41k)2025 Revenue 199 ($1.6M) Expenses 215 ($1.5M) Net assets 282 ($117k)
'17'18'19'20'21'22'23'24'25
Revenue (199)Expenses (215)Net assets (282)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 2022 to 2023, from $47k to $238k (+410%).

$70k
$107k
$79k
$93k
$157k
$47k
$238k
$193k
$167k
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

100% of DOWNTOWN EVENTS GROUP INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$94k
’17
$68k
’18
$43k
’19
$94k
’20
$20k
’21
−$191k
’22
$117k
’23
$163k
’24
$76k
’25
1.0
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

Tiffany Tauscheck

President & CEO

Board chair

Ashtin Hotek

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed37403938373735368
Joined·+9+10+8+14+0+12+15+6
No longer listed·6119150141434
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $40k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% 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: $1.6M from 4 payers (the payer shares this organization's board, largest Central Iowa Hospital Corporation). These are real filings, and they are not money DOWNTOWN EVENTS GROUP INC raised.

From the IRS filings of DOWNTOWN EVENTS GROUP INC’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

DOWNTOWN EVENTS GROUP INC leans on a few funders — its largest provides 26% of grant income and the top three 71%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

42% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DOWNTOWN EVENTS GROUP INC.

26%
largest funder
71%
top three
~5
effective funders

Largest funder’s share by year: 2019 100% · 2020 94% · 2021 67% · 2022 100% · 2023 75% — diversifying over time.

“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

74% of DOWNTOWN EVENTS GROUP INC's grant income comes from Iowa funders.

NY
IA

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

’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $40k 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

DOWNTOWN EVENTS GROUP INC runs a healthier operating margin than half of the 3,430 arts & culture nonprofits its size.

Operating margin5% · above the median
Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Organizations like DOWNTOWN EVENTS GROUP INC

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 Iowa

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

35
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

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

Footprint & structure

Part of a family of 2 related entities

  • Downtown Dsm Inc · exempt
  • Greater Des Moines Partnership · exempt

Screen this organization

A dated, signed PDF of the compliance screen for DOWNTOWN EVENTS GROUP INC: 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 DOWNTOWN EVENTS GROUP INC?
DOWNTOWN EVENTS GROUP INC (Iowa) receives grants from 6 organizations whose IRS filings report $156,000 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($40,000). 4 of them have funded it in more than one year.
How many funders does DOWNTOWN EVENTS GROUP INC have?
IRS filings report 6 organizations giving $156,000 in grants to DOWNTOWN EVENTS GROUP INC, 4 of which have funded it in more than one year.
Who is the largest funder of DOWNTOWN EVENTS GROUP INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like DOWNTOWN EVENTS GROUP INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Downtown Events Group →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), 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 22, 2026. What this page cannot tell you · view filing