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EIN 82-0832831

Cool Spring Downtown District

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Fayetteville
State
North Carolina
Year formed
2017
Most recent tax filings
2023-06-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
Cool Spring Downtown District creates and sustains an arts and entertainment district emanating from the core of the city. It promotes and supports multiple arts and cultural events in Fayetteville's Downtown District, making it a vibrant center of artistic, cultural, civic, and commercial activity. Cool Spring Downtown District is a place where people come together to celebrate creativity and community.
Total revenues
$917,731
2023
Total expenses
$951,054
2023
Total assets
$340,186
2023
Num. employees
4
2023

Program areas at Cool Spring Downtown District

The organization has organized, promoted and supported multiple arts & cultural events in the central core of the city's Downtown District.

Personnel at Cool Spring Downtown District

NameTitleCompensation
Bianca ShonemanPresident and Chief Executive Officer$115,000
C John MalzoneTreasurer$0
Molly ArnoldChair$0
Michael PenninkVice Chair$0
Rhonda HaskinsPast Treasurer$0
...and 8 more key personnel

Financials for Cool Spring Downtown District

RevenuesFYE 06/2023
Total grants, contributions, etc.$809,050
Program services$145,643
Investment income and dividends$4
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-36,966
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$917,731

Form 990s for Cool Spring Downtown District

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-14990View PDF
2022-062022-11-28990View PDF
2021-062021-12-17990View PDF
2020-062021-02-24990View PDF
2019-062019-11-01990View PDF
...and 2 more Form 990s

Organizations like Cool Spring Downtown District

OrganizationLocationRevenue
Spirit of SpringfieldSpringfield, MA$1,703,972
St Petersburg Warehouse Arts DistrictSaint Petersburg, FL$724,366
Lincoln Park Coast Cultural DistrictNewark, NJ$839,482
Mainstreet Laurens USALaurens, SC$526,912
Downtown PKBParkersburg, WV$431,414
Uptown AssociationMinneapolis, MN$509,984
Paristown SalonLouisville, KY$580,621
Golden Civic FoundationGolden, CO$427,599
Lovington Mainstreet CorporationLovington, NM$240,899
The Center for Mediation and Collaboration Rhode IslandWarwick, RI$411,093
Data update history
January 22, 2024
Updated personnel
Identified 2 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 5, 2023
Updated personnel
Identified 2 new personnel
May 12, 2023
Received grants
Identified 2 new grant, including a grant for $57,017 from The Arts Council of Fayetteville Cumberland County
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvement
Characteristics
Partially liquidatedFundraising eventsState / local levelReceives government fundingTax deductible donations
General information
Address
222 Hay St
Fayetteville, NC 28301
Metro area
Fayetteville, NC
County
Cumberland County, NC
Website URL
visitdowntownfayetteville.com/ 
Phone
(910) 723-3753
IRS details
EIN
82-0832831
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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