Muncie Downtown Development Partnership
EIN: 352021943 · Muncie, IN · NTEE: S21Z
| Metric | Value |
|---|---|
| Total Revenue | $582K |
| Total Expenses | $478K |
| Net Assets | $246K |
Is Muncie Downtown Development Partnership Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Muncie Downtown Development Partnership
Muncie Downtown Development Partnership (EIN: 352021943) is a nonprofit organization based in Muncie, IN, classified under NTEE code S21Z. The organization reported total revenue of $582K and total assets of $264K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Muncie Downtown Development Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Muncie Downtown Development Partnership is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $478K |
| Surplus / Deficit | $-18,986 |
| Total Assets | $246K |
| Total Liabilities | $132 |
| Net Assets | $246K |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, Muncie Downtown Development Partnership reported a deficit of $19K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Muncie Downtown Development Partnership's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.3% | -5.3% | -14.1% |
| 2022 | +74.3% | +33.0% | -0.3% |
| 2021 | -21.4% | +22.1% | -22.3% |
| 2020 | -0.3% | -21.2% | +51.0% |
| 2018 | -7.9% | -6.9% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Muncie Downtown Development Partnership has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Muncie Downtown Development Partnership with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Muncie Downtown Development Partnership
Is Muncie Downtown Development Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Muncie Downtown Development Partnership (EIN: 352021943) insufficient data. 0 red flags identified, 0 strengths noted.
How does Muncie Downtown Development Partnership spend its money?
Detailed spending breakdown data is not yet available for Muncie Downtown Development Partnership. Check back for updated IRS 990 analysis.
Are donations to Muncie Downtown Development Partnership tax-deductible?
Muncie Downtown Development Partnership is registered as a tax-exempt nonprofit (EIN: 352021943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Muncie Downtown Development Partnership located?
Muncie Downtown Development Partnership is headquartered in Muncie, Indiana and files with the IRS under EIN 352021943. It is classified under NTEE code S21Z.
How many years of IRS 990 filings does Muncie Downtown Development Partnership have?
Muncie Downtown Development Partnership has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $582K in total revenue.
Filing History
IRS 990 filing history for Muncie Downtown Development Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Muncie Downtown Development Partnership's revenue has grown by 125.5%, moving from $203K to $459K. Total assets increased by 21.8% over the same period, from $202K to $246K. Total functional expenses rose by 184.4%, from $168K to $478K. In its most recent filing year (2023), Muncie Downtown Development Partnership reported a deficit of $19K, with expenses exceeding revenue. The organization holds $132 in liabilities against $246K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $478K | $246K | $132 | — | — |
| 2022 | $517K | $505K | $287K | $0 | — | — |
| 2021 | $297K | $379K | $288K | $847 | — | View 990 |
| 2020 | $377K | $311K | $370K | $747 | — | View 990 |
| 2018 | $378K | $395K | $245K | $747 | — | View 990 |
| 2017 | $411K | $424K | $265K | $747 | — | — |
| 2016 | $386K | $505K | $327K | $747 | — | View 990 |
| 2015 | $542K | $444K | $447K | $747 | — | View 990 |
| 2014 | $1.3M | $1.2M | $349K | $747 | — | View 990 |
| 2013 | $494K | $451K | $224K | $0 | — | View 990 |
| 2012 | $350K | $333K | $188K | $6K | — | View 990 |
| 2011 | $14K | $47K | $170K | $6K | — | View 990 |
| 2011 | $203K | $168K | $202K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $478K, and assets of $246K (revenue -11.3% year-over-year).
- 2022: Revenue of $517K, expenses of $505K, and assets of $287K (revenue +74.3% year-over-year).
- 2021: Revenue of $297K, expenses of $379K, and assets of $288K (revenue -21.4% year-over-year).
- 2020: Revenue of $377K, expenses of $311K, and assets of $370K (revenue -0.3% year-over-year).
- 2018: Revenue of $378K, expenses of $395K, and assets of $245K (revenue -7.9% year-over-year).
- 2017: Revenue of $411K, expenses of $424K, and assets of $265K (revenue +6.5% year-over-year).
- 2016: Revenue of $386K, expenses of $505K, and assets of $327K (revenue -28.8% year-over-year).
- 2015: Revenue of $542K, expenses of $444K, and assets of $447K (revenue -57.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $349K (revenue +159.1% year-over-year).
- 2013: Revenue of $494K, expenses of $451K, and assets of $224K (revenue +40.9% year-over-year).
- 2012: Revenue of $350K, expenses of $333K, and assets of $188K (revenue +2366.3% year-over-year).
- 2011: Revenue of $14K, expenses of $47K, and assets of $170K (revenue -93.0% year-over-year).
- 2011: Revenue of $203K, expenses of $168K, and assets of $202K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Muncie Downtown Development Partnership:
Data Sources and Methodology
This transparency report for Muncie Downtown Development Partnership is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.