Overview
What is Downtown Austin Parks Llc?
Downtown Austin Parks LLC is a nonprofit organization located in Suite 2150, 515 Congress Avenue, Austin, Texas 78701. Their mission is to create a lively, historical, and active urban hub at the heart of Austin. During the pandemic, they served as a vital respite for boosting physical and mental health, while hosting the Sustainable Food Center's Downtown Farmers' Market. They aim to elevate inclusive and engaging programs and experiences in downtown parks and public spaces, expand and coordinate programming in downtown parks and trails, and regularly sponsor and produce arts, cultural, and music events. Their approach emphasizes the importance of quality management of public space and programming that respects the historical relevance of Republic Square, while ensuring ample time for community members to enjoy the space for relaxation and socialization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Downtown Austin Parks LLC has received a solid Three-Star rating from Charity Navigator, indicating a good level of financial health and accountability. With an Accountability & Finance Score of 80, the organization demonstrates effective governance through its majority independent board members and a clear conflict of interest policy. Additionally, the charity has successfully documented board meeting minutes and maintained a favorable liabilities to assets ratio of 14.16%.
The organization excels in its program expense ratio, which stands at an impressive 90.52%. This figure suggests that a significant portion of its resources is directed towards its programs and mission, indicating a commitment to maximizing impact in the community. The absence of material diversion of assets further reinforces the organization's responsible financial management.
While the overall rating reflects positively on the charity, potential donors and stakeholders may still want to consider any qualitative factors or specific program outcomes that could enhance their understanding of Downtown Austin Parks LLC's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Downtown Austin Parks Llc legitimate?
Downtown Austin Parks Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Austin Parks Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Downtown Austin Parks Llc?
The mission of Downtown Austin Parks LLC is centered around establishing a lively, historical, and engaging urban environment. By managing public spaces effectively and implementing creative programming with historical significance, they aim to enrich the community at the heart of the city. It is crucial for Downtown Austin Parks LLC to strike a balance, ensuring that ample time is set aside for people to utilize the space as a serene retreat, a place for relaxation, socializing, and enjoying the outdoors with friends and family.
Who is the CEO of Downtown Austin Parks Llc?
Dewitt Peart is the Director of Downtown Austin Parks Llc.
What is the revenue of Downtown Austin Parks Llc?
Downtown Austin Parks Llc's revenue in 2022 was $206,476.
Who are the executives of Downtown Austin Parks Llc and what are their salaries?
There 20 volunteers at Downtown Austin Parks Llc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Downtown Austin Parks Llc?
Downtown Austin Parks Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Downtown Austin Parks Llc
Downtown Austin Parks LLC strives to establish a lively, historically significant, and engaging urban setting at the core of Austin, Texas. This nonprofit organization achieves this mission by managing public spaces with great care and implementing creative programming that is rooted in the historical significance of Republic Square. It is crucial for Downtown Austin Parks LLC to strike a balance between programming and providing ample opportunities for visitors to unwind and appreciate the space as a peaceful retreat. The organization encourages individuals to utilize the park for socializing with friends and family, relaxing, and enjoying the outdoors, all while preserving the area's rich heritage.
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Impact
October, 2024
Downtown Austin Parks LLC plays a crucial role in enhancing the vibrancy and livability of downtown Austin. By managing and activating public spaces like Republic Square, it fosters a historic and active urban environment that serves as a central gathering place for the community. The organization has adapted to challenges presented by the pandemic, transforming these outdoor areas into essential spaces for physical and mental well-being, offering safe retreats for residents and visitors alike.
Through initiatives like the Downtown Farmers' Market, Downtown Austin Parks LLC supports local farmers while providing the community with healthy food options, thereby strengthening local economies and promoting wellness. The organization also elevates inclusive and engaging programs that cater to diverse community interests. By sponsoring and producing arts, cultural, and music events, it not only enriches the cultural landscape of the city but also nurtures social connections among community members.
Furthermore, by balancing programming with unstructured enjoyment of the parks, Downtown Austin Parks LLC creates spaces where individuals can relax, socialize, and connect with nature. The emphasis on quality management and creative programming ensures that these public spaces remain lively, accessible, and relevant, ultimately making a significant impact on the community's quality of life and fostering a strong sense of place in downtown Austin.
This information is meant to be a general summary of Downtown Austin Parks Llc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $147,025
- Gross Receipts: $206,476
Assets and Liabilities:
- Total Assets: $181,564
- Total Liabilities: $75,577
- Net Assets: $105,987
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Park Activation
Revenue
$147,025
Organization Details
Founding Year
2016
Phone
(512) 469-1766Principal Officer
Dewitt Peart
Main Address
515 Congress Avenue Suite 2150, Austin, TX, 78701
NTEE Category
Code: A80 - Arts
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