THE DOWNTOWN LITTLE ROCK PARTNERSHIP Charity Report

Public IRS 990 nonprofit record

THE DOWNTOWN LITTLE ROCK PARTNERSHIP

EIN 71-0602465 · Community & Neighborhood Development (S20)

What they do

THE ORGANIZATION STRIVES to PROVIDE LEADERSHIP BY ADDRESSING or ADVOCATING for PLANNING, LEGISLATION, TRANSPORTATION, ECONOMIC DEVELOPMENT and NUMEROUS PUBLIC and PRIVATE INITIATIVES. THESE INITIATIVES SERVE to STRENGTHEN THE OVERALL DOWNTOWN BUSINESS, CULTURAL, ENTERTAINMENT, RECREATIONAL, and RESIDENTIAL COMMUNITIES and to ENHANCE THE IMAGE of DOWNTOWN LITTLE ROCK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $69.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders70 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.30%of revenue went to mission work69.4% of expenses · Program services

15.79%of revenue went to fundraising15.4% of expenses

$102.75spent for every $100 of revenueSpending was higher than revenue this year.

15.66%of revenue went to management and office costs15.2% of expenses

$0.47in assets for every $1 spent this yearSome assets cannot be spent right away.

86.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $22,515 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $176,418 for GABE HOLMSTROM (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$818,768

Mission workProgram services$583,76271.30% of revenue69.4% of expenses

ManagementOffice and general costs$128,20315.66% of revenue15.2% of expenses

FundraisingAsking for donations$129,31815.79% of revenue15.4% of expenses

Total expenses$841,283102.75% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 69.4% mission · 15.2% management · 15.4% fundraisingTotal expenses: 102.75% of revenue

2023Expense mix: 74.5% mission · 15.2% management · 10.3% fundraisingTotal expenses: 115.52% of revenue

2022Expense mix: 74.9% mission · 15.1% management · 10.0% fundraisingTotal expenses: 95.20% of revenue

2021Expense mix: 72.2% mission · 17.2% management · 10.6% fundraisingTotal expenses: 89.06% of revenue

2020Expense mix: 77.8% mission · 18.8% management · 3.4% fundraisingTotal expenses: 109.81% of revenue

2019Expense mix: 89.3% mission · 2.5% management · 8.2% fundraisingTotal expenses: 107.13% of revenue

2018Expense mix: 90.3% mission · 4.4% management · 5.2% fundraisingTotal expenses: 97.39% of revenue

2017Expense mix: 93.1% mission · 3.0% management · 3.9% fundraisingTotal expenses: 94.65% of revenue

Money in and money out

Revenue$818,768

Expenses$841,283

Annual shortfall $22,515 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$583,762 · 69.4% of expenses

Management and office costs$128,203 · 15.2% of expenses

Fundraising$129,318 · 15.4% of expenses

See all reported dollar amounts

Revenue$818,768

Expenses$841,283

Assets$392,371

Income$818,768

Contributions$704,854

Mission work (program services)$583,762

Fundraising$129,318

Grants given$45,313

Average grant$9,063

Management and general$128,203

Accounting fees$16,716

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GABE HOLMSTROMEXECUTIVE DIRECTOR · 40 hrs/week $176,418Base $169,633 · Other $6,785

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (70)

GABE HOLMSTROMEXECUTIVE DIRECTOR

MANDY MARSHALLDIRECTOR

NATHAN COULTERAT LARGE

NATALIE GHIDOTTIDIRECTOR

MIMI SAN PEDRODIRECTOR

MAYOR FRANK D SCOTT JRCITY OF LITTLE ROCK MAYOR

MATTHEW DEARNLEYDIRECTOR

MARTI NICHOLSONDIRECTOR

MARK STODOLADIRECTOR

NIKKI CRANE-HASTYAT LARGE

LISA LAKEDIRECTOR

LESLEY NALLEYDIRECTOR

KELLI MCDANIELSDIRECTOR

KELLEY BASSDIRECTOR

KATY BARTLETTDIRECTOR

JUSTIN ALLENDIRECTOR

JOY SECUBANDIRECTOR

JOSH MALONEDIRECTOR

SARAH BETH LEADERDIRECTOR

WILL TRICEDIRECTOR

WANDA HOOVERDIRECTOR

VALERIE ERKMANDIRECTOR

TRACY CRYDERDIRECTOR

STANLEY HASTINGS JRDIRECTOR

STACI MILLERDIRECTOR

SHEALYN SOWERSDIRECTOR

SHANNON HEARDDIRECTOR

JOHN MARTINDIRECTOR

SARAH THOMASDIRECTOR

ROSS CRANFORDDIRECTOR

ROBERT KLEINDIRECTOR

REBECCA TENNILLEDIRECTOR

QUANTIA KEY FLETCHERDIRECTOR

PHIL BRANDONDIRECTOR

PATTIE DAVIDSONTREASURER

ODELL NICKELBERRYDIRECTOR

CHAD CAUSEYDIRECTOR

DOUG MEYERMETROCENTRE REPRESENTATIVE

DENISE HANSONDIRECTOR

DAVID SARGENTPRESIDENT

DAVID LANGDIRECTOR

DAVID HUTCHISONDIRECTOR

COLIN CRAWFORDDIRECTOR

CHRISTA CLARKDIRECTOR

CHRIS EASTDIRECTOR

DR DEAN KUMPURISCITY BOARD DIRECTOR

CAROL WORLEYPAST PRESIDENT

BRENT BIRCHDIRECTOR

BLAKE BOWLINDIRECTOR

ARLTON LOWERYDIRECTOR

AMY MOOREHEADDIRECTOR

AMY BLAKEDIRECTOR

ALEX THOMASDIRECTOR

HANK KELLEYAT LARGE

JIMMY MOSESAT LARGE

JEREMIAH WOODDIRECTOR

JEFF UTECHTDIRECTOR

JAY HARTMANDIRECTOR

JAMES SULLIVANDIRECTOR

JACOB E HALLDIRECTOR

JACOB FAIRDIRECTOR

HEARTSILL RAGON IIIDIRECTOR

ALECIA CASTLEBERRYDIRECTOR

GUY CHOATEDIRECTOR

GREG MCCARROLLDIRECTOR

GINA GEMBERLINGLRCVB REPRESENTATIVE

EMILY COXACTING CITY MANAGER

ELIZABETH MICHAELDIRECTOR

DREW WILLIAMSDIRECTOR

DR VICTORIA RAMIREZDIRECTOR

About this charity

Recognized since: January 1999
Location: 101 E CAPITOL AVE STE 106, LITTLE ROCK, AR 72201-3821
County: Pulaski
In care of: KYLE LEYENBERGER
Primary officer: KYLE LEYENBERGER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emaildowntownpartnership@downtownlr.com Phone(501) 375-0121

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LANDMARK PLC CPAS
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development
Grant-giving organization: Yes