Downtown Slc Presents
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROMOTE CULTURAL AND ARTISTIC EXPERIENCES IN DOWNTOWN SALT LAKE CITY THROUGH PLACEMAKING, PROMOTIONAL ACTIVITIES, AND PROGRAMS THAT ENLIVEN THE CULTURAL CORE OF THE COMMUNITY THROUGHOUT THE YEAR.
- Income
- $769,400
- Spending
- $708,051
- Spent on programs
- 99%
- Reserves
- 6.5 months of spending
- Largest source of income
- government grants, 79%
- Employees
- 2
- Volunteers
- 26
- Highest pay
- $572,394, president & chief executive officer
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 84 out of 100. Higher than 63% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 6.5 months of spending.
Debt
16 of 20It owes 18% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 90% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2525 of 26 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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)
- $421,084 spent. Promoted 23 local art organizations, dozens of independent productions, artists and installations in downtown Salt Lake City.
- $270,167 spent. Curated and produced public art and activations to vitalize and beautify downtown Salt Lake City and attract visitors. Works included a community-made mural, painted outdoor pianos, a pop-up gallery, a rooftop dance performance, music performances on the sidewalks, a nighttime light display and rotating art by local artists displayed on four kiosks.
- $10,223 spent. Produced and promoted free, live programming and activated underutilized areas of downtown Salt Lake City. Programs included ten music concerts, a rooftop dance performance, a fashion show, and a mariachi festival. Additionally, fifty-four buskers were hired to perform at key times throughout the year.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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)(3) charitable 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 October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, 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 June 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 November 1997.
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 October 21, 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.