DOWNTOWN AKRON PARTNERSHIP INC

AKRON, OH, 44308-1461 (330) 374-7676 Est. 1995 EIN 34-1823835

S20— Community Improvement Form 990 501(c)(3)

Mission

PROMOTE AND BUILD A VIBRANT AND VALUABLE DOWNTOWN AKRON

Total Revenue

$1,590,474

Total Expenses

$1,613,284

Net Assets

$776,536

9 employees 178 volunteers

From latest filing (tax period ending 2024-06-30)

Operating Reserve

5.8 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 18.8%

Expenses ↓ 14.2%

Revenue Sources

Contributions 28.2% Earned revenue 65.6% Investment 1.0% Other 5.0%

Expense Breakdown

Program 90.5% Management 9.5%

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Year	Revenue	Expenses	Net Assets
2023 Form 990	$1,590,474 ↓	$1,613,284	$776,536
2022 Form 990	$1,958,751 ↑	$1,881,246	$799,346
2021 Form 990	$1,495,105 ↓	$1,651,785	$721,841
2020 Form 990	$2,254,805 ↑	$2,201,801	$878,521
2019 Form 990	$1,331,608 ↓	$1,803,586	$825,517
2017 Form 990	$2,373,654	$2,005,178	$999,332