Downtown Manhattan Inc

Nonprofit profile at a glance

EIN
480699074
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2021
Location
Manhattan, KS, USA
Phone
7855379683
Rating confidence
Limited

Reported finances

Revenue
$333,895
Expenses
$342,962
Assets
$18,859
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • BEN BURTON (PRESIDENT)
  • KELLY KARL (VICE PRESIDENT)
  • REGINA SNYDER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • REGINA SNYDER (EXECUTIVE DIRECTOR): $75,705 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Downtown manhattan, inc. Is a not-for-profit community volunteer organization working in the areas of economic development, street design, retail and business recruitment and marketing and promotion. It is our mission to increase consumer awareness; to strengthen retail and professional business institutions; to increase the economic vitality of the city's center and to promote and attract new businesses to the downtown.

What it reported doing in 2025

Downtown manhattan, inc has long worked to create and grow a healthy economic city center on multiple fronts. Our main areas of focus are advocating, beautifying and revitalizing. The staff and board of directors advocate for ordinances and initiatives that support and bolster our small business community. We work with local and state officials to enact or revise legislation that supports small businesses and their special needs. We create programming and events that bring patrons and visitors to the district and in doing so, generates sales tax revenue. Downtown manhattan, inc staff are responsible for the care and keeping of the district and it is part of our mission along with the city of manhattan to ensure that our public spaces are clean, beautiful and as safe as possible. We work to achieve an appealing aesthetic in every season with our flag/banner program, flower baskets, holiday lighting and event props and decor. The dmi board of directors and executive director advocate for the revitalization and repurposing of tired and worn buildings and spaces. We are also mindful and diligent about protecting and preserving our history and are proud of our national registry of historic places listing.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2.7%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 22.1%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $76K · 13 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 16/100.