Public Charity

DOWNTOWN AUSTIN DEVELOPMENT CORPORATION

DOWNTOWN AUSTIN DEVELOPMENT CORPORATION, of Austin, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $392K in revenue, $500K in expenses, $618K in total assets. 5 publicly reported grants to this organization, totaling roughly $233K, appear in IRS filings.

EIN: 742862219 Austin, TX Fund Raising & Fund Distribution NTEE: C12 Latest filing: 2025
Total Revenue$392K
Total Expenses$500K
Total Assets$618K
Grant Records5
Funding Total$233K
Filing Years2021–2025

Mission

To enhance the downtown area of Austin, Texas, and to support and implement the Downtown Vision of the Austin DMO, Inc. d.b.a. Downtown Austin Alliance and implement services and projects benficial to Downtown Austin, including parks improvement projects and other large scale projects.

Where $100 goes at Downtown Austin Development Corporation

How Downtown Austin Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$89 Programs the work itself
$1 Management running the organization
$10 Fundraising raising the next dollar

Inside the $89 for programs

$89
The Foundation's mission is to ignite the potential of downtown-through art and creative spaces that capture the spirit of Austin-by and for everyone
All program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
PROMOTE CULTURAL EXPERIENCES AND DESTINATIONS THAT ATTRACT AUSTIN-BASED TOURISM
$140,946
2023
PROMOTE CULTURAL EXPERIENCES AND DESTINATIONS THAT ATTRACT AUSTIN-BASED TOURISM
$12,000
$10,000
2019
PROGRAM SUPPORT
$25,000
2018
HISTORICAL PRESERVATION
$45,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

Secretary Dewitt Peart
Director Jenny Wiebrand
Director Kevin Brown
Chair Nick Moulinet
Director Saul Paul
Director Xavier Pena

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$197,946 3 grants
General Support
$35,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $392K $500K $618K
2024 $180K $174K $707K
2023 $431K $139K $693K
2022 $141K $52K $428K
2021 $129K $59K $315K

Between 2021 and 2025, reported annual revenue grew from $129K to $392K (+204%), with total assets most recently reported at $618K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DOWNTOWN AUSTIN DEVELOPMENT CORPORATION

Complete financials, all 5 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time