Skip to content

North Carolina · Nonprofit

DOWNTOWN GREENSBORO INC

DOWNTOWN GREENSBORO INC (North Carolina) receives grants from 5 organizations whose IRS filings report $170,750 to it, the largest being NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATES ($95,000). 4 of them have funded it in more than one year.

Revenue FY2025
$2.3M
Funders on record
5
Grants received
$171k
Net assets
$1.4M
4/5 repeat funderspeak grant-dependency 7%
01What it does

What Downtown Greensboro Inc does

Mission

Promote and stimulate new investment, interest and economic development in the center city area of greensboro, north carolina.

As stated on its FY2025 Form 990.

Programs

  1. Downtown municipal service district (dmsd) funds project to provide funds levied and collected by the city from ad valorem property taxes and sales taxes in the dmsd as authorized by ncgs 160a-536(d)to dgi to perform, promote, and develop services, facilities, functions, and promotional and developmental activities in the dmsd. Funds are used to position the downtown business improvement district as an attractive, vibrant destination for those who work, play and live here through public space management, economic development initiatives, marketing services, special events and advocacy activities.

  2. Economic services project - to provide for the revitalization and economic development of downtown greensboro. Services include marketing of the downtown area, economic development programs, program management and implementation as well as providing long term vision development and planning recommendations for the downtown area.

The 2 programs described on its FY2024 Form 990, listed largest first by expense.

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.

100 = 20172017 Revenue 100 ($850k) Expenses 100 ($1.0M) Net assets 100 ($409k)2018 Revenue 158 ($1.3M) Expenses 98 ($1.0M) Net assets 181 ($740k)2019 Revenue 172 ($1.5M) Expenses 127 ($1.3M) Net assets 217 ($889k)2020 Revenue 223 ($1.9M) Expenses 143 ($1.5M) Net assets 323 ($1.3M)2021 Revenue 188 ($1.6M) Expenses 149 ($1.5M) Net assets 337 ($1.4M)2022 Revenue 227 ($1.9M) Expenses 183 ($1.9M) Net assets 349 ($1.4M)2023 Revenue 276 ($2.3M) Expenses 222 ($2.3M) Net assets 364 ($1.5M)2024 Revenue 252 ($2.1M) Expenses 196 ($2.0M) Net assets 396 ($1.6M)2025 Revenue 272 ($2.3M) Expenses 244 ($2.5M) Net assets 347 ($1.4M)
'17'18'19'20'21'22'23'24'25
Revenue (272)Expenses (244)Net assets (347)

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 $983k to $1.4M (+41%).

$560k
$848k
$983k
$1.4M
$1.4M
$1.5M
$1.6M
$1.7M
$1.6M
'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

Government-grant reliance: 2017 92% · 2018 85% · 2019 11% · 2020 22% · 2021 11% · 2022 12% · 2023 21% · 2024 11% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$177k
’17
$331k
’18
$149k
’19
$431k
’20
$70k
’21
$47k
’22
$61k
’23
$132k
’24
−$202k
’25
4.4
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.

Board chair

Stu Nichols

Board chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed252723232424242217
Joined·+5+5+2+9+1+8+0+8
No longer listed·392818213
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $1k → $8k.

Left out of every figure on this page: $2.5M from one payer (the payer shares this organization's board, largest Downtown Greensboro Foundation). These are real filings, and they are not money DOWNTOWN GREENSBORO INC raised.

From the IRS filings of DOWNTOWN GREENSBORO 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 GREENSBORO INC leans on a few funders — its largest provides 56% of grant income and the top three 98%; half comes from just 1 funder.

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

56% 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 GREENSBORO INC.

56%
largest funder
98%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 98% · 2020 91% · 2021 83% · 2022 59% · 2023 67% — 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

DOWNTOWN GREENSBORO INC draws 56% of its grant income from funders outside North Carolina, across 2 states in all.

NC
DC

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

’17
’18
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. 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

Organizations like DOWNTOWN GREENSBORO 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 North Carolina

Nationally

05Profile & governance

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

Governance

14
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Downtown Greensboro Foundation · exempt
  • Downtown Greensboro Improvement Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for DOWNTOWN GREENSBORO 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 GREENSBORO INC?
DOWNTOWN GREENSBORO INC (North Carolina) receives grants from 5 organizations whose IRS filings report $170,750 to it, the largest being NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATES ($95,000). 4 of them have funded it in more than one year.
How many funders does DOWNTOWN GREENSBORO INC have?
IRS filings report 5 organizations giving $170,750 in grants to DOWNTOWN GREENSBORO INC, 4 of which have funded it in more than one year.
Who is the largest funder of DOWNTOWN GREENSBORO INC?
NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATES is the largest funder on record, with $95,000 in grants. The full list of funders is on this page.
How can an organization like DOWNTOWN GREENSBORO INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 FY2025 (financials across 2017–2025), and the filings of 5 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