Downtown Lexington Corporation
Public records raise at least one point you should look into before giving.
What it says it does
DOWNTOWN LEXINGTON CORPORATION DLC WITH MORE THAN 200 MEMBERS WHO REPRESENT THE LARGEST BUSINESSES, THE SMALLEST PROPRIETORS AND ENTREPRENEURS, NEIGHBORHOOD ASSOCIATIONS, CHURCHES, EDUCATIONAL INSTITUTIONS, AND INDIVIDUALS, IS A COMMUNITY AND BUSINESS ADVOCACY GROUP FOUNDED IN 1988. DLC ENCOURAGES RESPONSIBLE ECONOMIC DEVELOPMENT IN THE DOWNTOWN BUSINESS CORE AND IN THE VARIOUS NEIGHBORHOODS SURROUNDING THIS CENTRAL AREA. DLC 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.
- Income
- $629,434
- Spending
- $637,454
- Employees
- 3
- Volunteers
- 20
- Highest pay
- $129,500, executive dir.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $174,173 spent. OTHER PROGRAM SERVICES - INCLUDES EVENTS SUCH AS STATE OF DOWNTOWN EVENT, ICE RINK, ANNUAL MEETING, HOLIDAYS, AS WELL AS GENERAL MEMBER SERVICES
- $101,573 spent. 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.
- $87,692 spent. 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.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.