Program areas at DLC
Other program services - includes events such as state of Downtown event, ice rink, annual meeting, holidays, as well as general member services
Membership services - encourages responsible economic development in the Downtown business core and in the various neighborhoods surrounding this central area. Advocates diversity, communication and leadership in assisting property owners, businesses, employees and residents in making Downtown Lexington a location for retail businesses, restaurants, offices, arts and cultural activities as well as a wonderful place to live and work.
Thursday night live - weekly outdoor event in Downtown Lexington that draws patrons to Downtown to enjoy food from local restaurants and music from local bands.
Personnel at DLC
| Name | Title | Compensation | Date of data |
|---|
| Terry Sweeney | President and Chief Executive Officer | $134,169 | 2022-12-31 |
| Allen McDaniel | Executive Director | $95,865 | 2023-12-31 |
| Paul Johnston | Treasurer | $0 | 2024-02-15 |
| Jennifer Taylor | Chairman | $0 | 2023-12-31 |
| Woodford Webb | Secretary | $0 | 2023-12-31 |
| ...and 2 more key personnel |
Financials for DLC
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $201,050 | $232,575 | -13.6% |
| Program services | $386,123 | $314,257 | 22.9% |
| Investment income and dividends | $1,617 | $299 | 440.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $-7,160 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $588,790 | $539,971 | 9% |
Organizations like DLC
| Organization | Type | Location | Revenue |
|---|
| Main Street Kent | 501(c)(4) | Kent, OH | $236,550 |
| Mooresville Downtown Commission | 501(c)(4) | Mooresville, NC | $284,446 |
| Downtown Billings Partnership | 501(c)(4) | Billings, MT | $415,268 |
| Westchester County Association | 501(c)(4) | White Plains, NY | $2,370,076 |
| Downtown Huntsville | 501(c)(6) | Huntsville, AL | $576,495 |
| National Association of Development Organizations (NADO) | 501(c)(4) | Washington, DC | $1,464,455 |
| Downtown Sioux Falls | 501(c)(4) | Sioux Falls, SD | $909,771 |
| West Houston Association | 501(c)(4) | Houston, TX | $430,409 |
| The Blacksburg Partnership | 501(c)(4) | Blacksburg, VA | $243,978 |
| Greater Laredo Development Foundation | 501(c)(4) | Laredo, TX | $728,926 |
Data update history
May 22, 2024
Updated personnel
Identified 7 new personnel
October 15, 2023
Updated personnel
Identified 10 new personnel
October 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsMuseumsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsPolitical advocacyState / local level
General information
- Address
- 333 W Vine St Ste 206
- Lexington, KY 40507
- Metro area
- Lexington-Fayette, KY
- County
- Fayette County, KY
- Website URL
- downtownlex.com/Â
- Phone
- (859) 335-8640
- Facebook page
- DowntownLexCorpÂ
- Twitter profile
- @downtownlexcorpÂ
IRS details
- EIN
- 61-1189677
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1988
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 7121: Museums, Historical Sites, and Similar Institutions
- Parent/child status
- Central organization
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