The Downtown Dream Machine
EIN: 581364867 · Memphis, TN · NTEE: A190
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $93K |
| Net Assets | $328K |
Is The Downtown Dream Machine Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Downtown Dream Machine
The Downtown Dream Machine (EIN: 581364867) is a nonprofit organization based in Memphis, TN, classified under NTEE code A190. The organization reported total revenue of $95K and total assets of $328K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Downtown Dream Machine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Downtown Dream Machine is a micro nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $93K |
| Surplus / Deficit | +$2K |
| Total Assets | $328K |
| Net Assets | $328K |
| Operating Margin | 2.4% |
| Months of Reserves | 42.5 months |
Financial Health Grade: A
In 2024, The Downtown Dream Machine reported a surplus of $2K with revenue exceeding expenses, holds 42.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), The Downtown Dream Machine's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.7% | -9.7% | +7.7% |
| 2023 | +39.1% | +33.5% | -1.0% |
| 2022 | +35.2% | +13.0% | -3.3% |
| 2021 | -64.2% | -36.7% | -3.0% |
| 2020 | +23.9% | +20.4% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Downtown Dream Machine 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 The Downtown Dream Machine 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about The Downtown Dream Machine
Is The Downtown Dream Machine a legitimate charity?
Based on AI analysis of IRS 990 filings, The Downtown Dream Machine (EIN: 581364867) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Downtown Dream Machine spend its money?
Detailed spending breakdown data is not yet available for The Downtown Dream Machine. Check back for updated IRS 990 analysis.
Are donations to The Downtown Dream Machine tax-deductible?
The Downtown Dream Machine is registered as a tax-exempt nonprofit (EIN: 581364867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Downtown Dream Machine located?
The Downtown Dream Machine is headquartered in Memphis, Tennessee and files with the IRS under EIN 581364867. It is classified under NTEE code A190.
How many years of IRS 990 filings does The Downtown Dream Machine have?
The Downtown Dream Machine has 14 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 $95K in total revenue.
Filing History
IRS 990 filing history for The Downtown Dream Machine showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Downtown Dream Machine's revenue has declined by 9.4%, moving from $105K to $95K. Total assets increased by 241.5% over the same period, from $96K to $328K. Total functional expenses rose by 6.3%, from $87K to $93K. In its most recent filing year (2024), The Downtown Dream Machine reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $95K | $93K | $328K | $0 | — | — |
| 2023 | $103K | $103K | $305K | $0 | — | View 990 |
| 2022 | $74K | $77K | $308K | $0 | — | View 990 |
| 2021 | $55K | $68K | $318K | $0 | — | — |
| 2020 | $153K | $107K | $328K | $8K | — | — |
| 2019 | $123K | $89K | $277K | $3K | — | View 990 |
| 2018 | $130K | $101K | $244K | $3K | — | View 990 |
| 2017 | $115K | $81K | $214K | $3K | — | View 990 |
| 2016 | $86K | $69K | $180K | $3K | — | View 990 |
| 2015 | $98K | $81K | $182K | $1K | — | View 990 |
| 2014 | $112K | $72K | $164K | $1K | — | View 990 |
| 2013 | $98K | $78K | $124K | $1K | — | View 990 |
| 2012 | $85K | $77K | $104K | $1K | — | View 990 |
| 2011 | $105K | $87K | $96K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $95K, expenses of $93K, and assets of $328K (revenue -7.7% year-over-year).
- 2023: Revenue of $103K, expenses of $103K, and assets of $305K (revenue +39.1% year-over-year).
- 2022: Revenue of $74K, expenses of $77K, and assets of $308K (revenue +35.2% year-over-year).
- 2021: Revenue of $55K, expenses of $68K, and assets of $318K (revenue -64.2% year-over-year).
- 2020: Revenue of $153K, expenses of $107K, and assets of $328K (revenue +23.9% year-over-year).
- 2019: Revenue of $123K, expenses of $89K, and assets of $277K (revenue -5.5% year-over-year).
- 2018: Revenue of $130K, expenses of $101K, and assets of $244K (revenue +13.0% year-over-year).
- 2017: Revenue of $115K, expenses of $81K, and assets of $214K (revenue +34.5% year-over-year).
- 2016: Revenue of $86K, expenses of $69K, and assets of $180K (revenue -12.7% year-over-year).
- 2015: Revenue of $98K, expenses of $81K, and assets of $182K (revenue -12.2% year-over-year).
- 2014: Revenue of $112K, expenses of $72K, and assets of $164K (revenue +13.9% year-over-year).
- 2013: Revenue of $98K, expenses of $78K, and assets of $124K (revenue +16.2% year-over-year).
- 2012: Revenue of $85K, expenses of $77K, and assets of $104K (revenue -19.2% year-over-year).
- 2011: Revenue of $105K, expenses of $87K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Downtown Dream Machine:
Data Sources and Methodology
This transparency report for The Downtown Dream Machine 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.