Downtown Denver Events Inc

Address
1515 Arapahoe St Tower 2 No 400
Denver, CO 80202
Contact
Website: http://www.downtowndenver.com
Phone: +1 (303) 534-6161
Nonprofit
NTEE: A99 - Arts, Culture, and Humanities N.E.C.
EIN: 20-1168758

Mission

Downtown Denver Events is a non-profit entity focused on the activation of the Downtown Denver public realm. The organization produces parades, festivals, concerts and exhibits to engage the community. The organization also collaborates with other organizations to produce and support similar activities.
 20172016201520142013
Basic features of the organization
Year of formation2004
Subsection code03
PF filing required0    
Metropolitan statistical area2082
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers638620595603588
Number of highly compensated contractors4282 
Personnel
Alton, Sharon
TitleVP Public Events and ActivVP Public Events and ActivationVP Public Events effective 6/15  
Name of key/compensated personSharon AltonSharon AltonSharon Alton  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officerTrueTrueTrue  
Average hours per week working for org40.0040.0040.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$1,670.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $117,673.00$0.00$0.00  
Desmond, Gary
Title  Board MemberBoard MemberBoard Member
Name of key/compensated person  Gary DesmondGary DesmondGary Desmond
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  2.002.002.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Door, Tamara
TitleChairChairChairChairChair
Name of key/compensated personTamara DoorTamara DoorTamara DoorTamara DoorTamara Door
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.001.000.0040.0040.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$32,481.00$30,188.00$29,774.00$29,010.00$25,312.00
Corresponding comp from related orgs
Reportable compensation from related orgs $421,166.00$411,605.00$383,877.00$371,941.00$348,992.00
Kark, Susan
Title  Executive Director thru 3/15Executive DirectorExecutive Director
Name of key/compensated person  Susan Rogers KarkSusan Rogers KarkSusan Rogers Kark
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Current officer  TrueTrueTrue
Average hours per week working for org  40.0040.0040.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $18,224.00$17,573.00$16,641.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $169,840.00$163,858.00$156,332.00
Kennedy, Louis
Title Sr. VP, Fin. & Admin (thru Oct)Sr. VP, Finance and AdministrationDirector of Finance and AdministrationDirector of Finance and Ad
Name of key/compensated person Louis KennedyLouis KennedyLouis KennedyLouis Kennedy
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 1.000.0040.0040.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $18,206.00$15,972.00$15,196.00$14,263.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $155,332.00$138,631.00$134,155.00$124,383.00
Laus, Charlene
TitleSr. VP, Fin. & AdminSr. VP, Fin. & Admin (from Feb)   
Name of key/compensated personCharlene LausCharlene Laus   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org1.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$3,354.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $127,297.00$0.00   
Rodriguez, Trini
TitleVice ChairmanVice Chairman   
Name of key/compensated personTrini RodriguezTrini Rodriguez   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrueTrue   
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Rodriguez, Trinidad
Title   Secretary & TreasurerSecretary & Treasurer
Name of key/compensated person   Trinidad RodriguezTrinidad Rodriguez
Position of compensated person
Current individual trustee or director   TrueTrue
Current officer   TrueTrue
Average hours per week working for org   2.002.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Rogers-Kark, Susan
Title Executive Director (thru March 2015)   
Name of key/compensated person Susan Rogers-Kark   
Position of compensated person
Current individual trustee or director True   
Current officer True   
Average hours per week working for org 40.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $16,337.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $83,777.00   
Vanderlaan, Meg
Title  Board MemberBoard MemberBoard Member
Name of key/compensated person  Meg VanderLaanMeg VanderLaanMeg VanderLaan
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  2.002.002.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Zoellner, Mike
TitleTreasurerTreasurer   
Name of key/compensated personMike ZoellnerMike Zoellner   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrueTrue   
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Zoelner, Mike
Title  Secretary/Treasurer  
Name of key/compensated person  Mike Zoelner  
Position of compensated person
Current individual trustee or director  True  
Current officer  True  
Average hours per week working for org  2.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSee Form 990, Part III, Line 1See Form 990, Part III, Line 1See Form 990, Part III, Line 1See Form 990, Part III, Line 1See Form 990, Part III, Line 1
Program service expenses, total$5,800,475.00$5,334,911.00$4,957,952.00$4,963,305.00$4,792,248.00
Programs, including revenue & expenses
Commons on Champa:The Commons supports startups and expands access to entrepreneurship in Denver. Space is provided for programming, education, networking, and resources at low or no cost for local entrepreneurs.
Program expenses$641,313.00    
Program revenue$394,842.00    
Program descriptionCommons on Champa:The Commons supports startups and expands access to entrepreneurship in Denver. Space is provided for programming, education, networking, and resources at low or no cost for local entrepreneurs.    
Downtown Denver Holiday:DDE promoted Downtown Denver as a unique holiday shopping and entertainment destination by producing a holiday lighting display, providing event and marketing support for other holiday-themed events including the "Downtown Denver's Grand Illumination", "Tuba Christmas" and "German Christkindl Market" in Skyline Park, and creating a public art opportunity by placing six pianos outdoors for people to play. In addition, seasonal entertainment was provided and DDE produced a marketing campaign promoting Downtown businesses and attractions.
Program expenses   $397,335.00$406,464.00
Program revenue   $305,513.00$349,286.00
Program description   Downtown Denver Holiday:DDE promoted Downtown Denver as a unique holiday shopping and entertainment destination by producing a holiday lighting display, providing event and marketing support for other holiday-themed events including the "Downtown Denver's Grand Illumination", "Tuba Christmas" and "German Christkindl Market" in Skyline Park, and creating a public art opportunity by placing six pianos outdoors for people to play. In addition, seasonal entertainment was provided and DDE produced a marketing campaign promoting Downtown businesses and attractions.Downtown Denver Holiday:DDE promoted Downtown Denver as a unique holiday shopping and entertainment destination by producing a holiday lighting display, providing event and marketing support for other holiday-themed events including the "Downtown Denver's Grand Illumination", "Tuba Christmas" and "German Christkindl Market" in Skyline Park, and creating a public art opportunity by placing six pianos outdoors for people to play.
Festivals and Events: DDE produced three signature events that collectively brought over 900,000 people to Downtown Denver: A Taste of Colorado, Parade of Lights and New Year's Eve Fireworks. DDE activated Skyline Park by programming entertainment and producing a series of events including "Southwest Movies at Skyline Park".
Program expenses   $3,763,431.00$3,658,074.00
Program revenue   $2,657,451.00$2,712,318.00
Program description   Festivals and Events: DDE produced three signature events that collectively brought over 900,000 people to Downtown Denver: A Taste of Colorado, Parade of Lights and New Year's Eve Fireworks. DDE activated Skyline Park by programming entertainment and producing a series of events including "Southwest Movies at Skyline Park".Festivals and Events: DDE produced three signature events that collectively brought over 1,000,000 people to Downtown Denver: A Taste of Colorado, Parade of Lights and New Year's Eve Fireworks. DDE activated Skyline Park by programming entertainment and producing a series of events including "Mile High Movies" and the "Skyline Park Summer Concert Series".
Festivals and Events: Downtown Denver Events produces a wide array of community events that activate the public realm, perpetuate a positive brand for the Center City and engage the community with two primary events, Parade of Lights and A Taste of Colorado.
Program expenses$4,016,057.00$3,937,733.00$3,922,375.00  
Program revenue$2,944,185.00$2,904,087.00$2,866,354.00  
Program descriptionFestivals and Events: Downtown Denver Events produces a wide array of community events that activate the public realm, perpetuate a positive brand for the Center City and engage the community with two primary events, Parade of Lights and A Taste of Colorado.Festivals and Events: Downtown Denver Events produces a wide array of community events that activate the public realm, perpetuate a positive brand for the Center City and engage the community with two primary events, Parade of Lights and A Taste of Colorado.Festivals and Events: Downtown Denver Events produces a wide array of community events that activate the public realm, perpetuate a positive brand for the Center City and engage the community with two primary events, Parade of Lights and A Taste of Colorado.  
Skating Rink:DDE built and managed a temporary ice skating rink offering free skating to the public. Special programming included musical performances, free skating lessons, skating exhibitions, broomball games and more. Over 40,000 people attended.
Program expenses   $507,570.00$499,398.00
Program revenue   $62,290.00$63,042.00
Program description   Skating Rink:DDE built and managed a temporary ice skating rink offering free skating to the public. Special programming included musical performances, free skating lessons, skating exhibitions, broomball games and more. Over 40,000 people attended.Skating Rink:DDE built and managed a temporary ice skating rink offering free skating to the public. Special programming included musical performances, free skating lessons, skating exhibitions, broomball games and more. Over 31,000 people attended.
Skating Rink:DDE produces a skating rink in Skyline Park that runs the duration of the winter months. This event attracted over 45,000 skaters. The rink is activated with music, skating lessons, and other forms of entertainment and activities.
Program expenses$505,417.00$444,519.00$480,980.00  
Program revenue$88,196.00$81,887.00$124,254.00  
Program descriptionSkating Rink:DDE produces a skating rink in Skyline Park that runs the duration of the winter months. This event attracted over 45,000 skaters. The rink is activated with music, skating lessons, and other forms of entertainment and activities.Skating Rink:DDE produces a skating rink in Skyline Park that runs the duration of the winter months. This event attracted over 45,000 skaters. The rink is activated with music, skating lessons, and other forms of entertainment and activities.Skating Rink:DDE produces a skating rink in Skyline Park that runs the duration of the winter months. This event attracted over 45,000 skaters. The rink is activated with music, skating lessons, and other forms of entertainment and activities.  
Winter in the City:Downtown Denver Events produces a series of events and activities throughout the Winter Season to engage the community and activate Downtown. This comprehensive program includes supporting and collaborating with other entities on holiday themed programs, such as the Grand Illumination Lighting of Downtown's public realm, Tuba Christmas and the German Chistkindl Market. This category also includes the New Year's Eve Fireworks and the promotion of other public Downtown events.
Program expenses $409,494.00$431,157.00  
Program revenue $429,790.00$377,716.00  
Program description Winter in the City:Downtown Denver Events produces a series of events and activities throughout the Winter Season to engage the community and activate Downtown. This comprehensive program includes supporting and collaborating with other entities on holiday themed programs, such as the Grand Illumination Lighting of Downtown's public realm, Tuba Christmas and the German Chistkindl Market. This category also includes the New Year's Eve Fireworks and the promotion of other public Downtown events.Winter in the City:Downtown Denver Events produces a series of events and activities throughout the Winter Season to engage the community and activate Downtown. This comprehensive program includes supporting and collaborating with other entities on holiday themed programs, such as the Grand Illumination Lighting of Downtown's public realm, Tuba Christmas and the German Chistkindl Market. This category also includes the New Year's Eve Fireworks and the promotion of other public Downtown events.  
Financial data
Revenue
Total revenue$4,888,767.00$5,527,902.00$6,120,571.00$5,164,499.00$4,604,001.00
Revenue from contributions (total)$1,324,851.00$1,963,611.00$2,747,065.00$2,139,245.00$1,479,355.00
Investment income, current yr$0.00$0.00$0.00$0.00$0.00
Total revenue from grants, etc., current yr$1,324,851.00$1,963,611.00$2,747,065.00$2,139,245.00$1,479,355.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$136,693.00$148,527.00$5,182.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$3,427,223.00$3,415,764.00$3,368,324.00$3,025,254.00$3,124,646.00
Gross receipts$4,888,767.00$5,527,902.00$6,120,571.00$5,164,499.00$4,604,001.00
Sources of contributions
Revenue from all other contributions$1,324,851.00$1,963,611.00$2,747,065.00$2,139,245.00$1,479,355.00
Other types of revenue
Miscellaneous revenue (total)$136,693.00$148,527.00$5,182.00  
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$5,964,394.00$5,391,947.00$5,045,434.00$5,069,378.00$4,919,277.00
Total functional expenses: program service $5,800,475.00$5,334,911.00$4,957,952.00$4,963,305.00$4,792,248.00
Total functional expenses: management and general$163,919.00$57,036.00$87,482.00$106,073.00$127,029.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$1,722,423.00$2,646,947.00$2,750,093.00$1,426,783.00$1,366,122.00
Total assets, beginning of year$2,646,947.00$2,750,093.00$1,426,783.00$1,366,122.00$1,737,211.00
Total liabilities$400,489.00$249,386.00$488,487.00$240,314.00$274,774.00
Total liabilities, beginning of year$249,386.00$488,487.00$240,314.00$274,774.00$330,587.00
Pledges & accounts receivable, net$665,500.00$1,140,043.00$771,250.00$851,000.00$564,600.00
Unrestricted net assets, end of yr$363,778.00$1,099,518.00$1,323,606.00-$60,781.00$408,598.00
Temporarily restricted net assets$958,156.00$1,298,043.00$938,000.00$1,247,250.00$682,750.00
Net assets$1,321,934.00$2,397,561.00$2,261,606.00$1,186,469.00$1,091,348.00
Net assets, beginning of year$2,397,561.00$2,261,606.00$1,186,469.00$1,091,348.00$1,406,624.00
Other liabilities$2,495.00$2,495.00$7,680.00$826.00$26,941.00
Investments: publicly traded securities$558,325.00$558,325.00$548,914.00$539,503.00$515,942.00
Cash: non-interest bearing-$1,508,674.00-$1,224,494.00-$706,874.00-$316,110.00-$89,547.00
Cash: non-interest bearing, beginning of year-$1,224,494.00-$706,874.00-$316,110.00-$89,547.00$258,975.00
Other financial variables
Revenue less expenses-$1,075,627.00$135,955.00$1,075,137.00$95,121.00-$315,276.00
Advertising (total)$143,996.00$156,401.00$156,858.00$155,335.00$177,833.00
Accounts receivable, net$59,579.00$51,637.00$48,085.00$41,549.00$45,577.00
Prepaid expenses & deferred charges$430,390.00$411,561.00$348,796.00$294,178.00$308,586.00
Accounts payable & accrued expenses$174,676.00$39,616.00$262,580.00$49,811.00$73,010.00
Deferred revenue$223,318.00$207,275.00$218,227.00$189,677.00$174,823.00
Total net assets or fund balances$1,321,934.00$2,397,561.00$2,261,606.00$1,186,469.00$1,091,348.00
Depreciation, depletion, amortization$2,346.00 $4,301.00$4,301.00$4,301.00
Governance and accountability
Number of voting members34555
Number of independent voting members22333
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Indicators for schedules (selected)
Business transaction with entity ownerTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-12-202017-02-152016-07-142015-02-232014-03-15
IRS schema version2016v3.02015v2.12014v6.02013v4.02012v2.1
Filing identifier201743009349300124201613069349301331201630439349303183201530409349300443201420319349300582
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