TY 2023 Form 990EZ

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
Downtown Provo Inc

Number and street (or P. O. box, if mail is not delivered to street address)55 North University Avenue
Room/suite

City or town, state or province, country, and ZIP or foreign postal code Provo, UT84601

D Employer identification number

45-3910530

E Telephone number

(801) 722-8588

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501C6 OF THE INTERNAL REVENUE CODE OF 1986 AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED. THE CORPORATION IS NOT ORGANIZED FOR PROFIT AND WILL NOT ENGAGE IN ANY ACTIVITY ORDINARILY CARRIED ON FOR PROFIT. SUBJECT TO THE FOREGOING, THE SPECIFIC PURPOSES AND OBJECTIVES FOR WHICH THIS CORPORATION IS ORGANIZED ARE TO PROMOTE GROWTH, FOSTER DEVELOPMENT AND ENCOURAGE ACTIVITIES WITHIN THE PROVO CITY DOWNTOWN BUSINESS AREA.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501C6 OF THE INTERNAL REVENUE CODE OF 1986 AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED. THE CORPORATION IS NOT ORGANIZED FOR PROFIT AND WILL NOT ENGAGE IN ANY ACTIVITY ORDINARILY CARRIED ON FOR PROFIT. SUBJECT TO THE FOREGOING, THE SPECIFIC PURPOSES AND OBJECTIVES FOR WHICH THIS CORPORATION IS ORGANIZED ARE TO PROMOTE GROWTH, FOSTER DEVELOPMENT AND ENCOURAGE ACTIVITIES WITHIN THE PROVO CITY DOWNTOWN BUSINESS AREA. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
Quinn D Peterson Executive Dir.	40.00	73,560
Curtis Blair Director	0	0
Julie Hatchet Director	0	0
Joel Raker Director	0	0
Peter Jay Director	0	0
Carol Walker Director	0	0
Anders Taylor Director	0	0
Dean Judd Director	0	0
Nick Whiting Director	0	0
Dixon Holmes Director	0	0
Doug Lund Director	0	0
Michael Hilbig Director	0	0
Rich Nielson Director	0	0
Gary Winterton Director	0	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $32302
Other Expenses.1002	Office Expenses $600
Other Expenses.1009	Depreciation $761
Other Expenses.1012	Insurance $686
Other Expenses.1	Downtown Improvements $15528
Other Expenses.2	Dues & subscriptions $2331
Other Expenses.3	Bank charges $699
Other Expenses.4	Meals $553
Other Expenses.5	Merchant deposit fees $177
Other Expenses.6	Payroll processing fees $98
Other Expenses.8	Business license & fees $81
Other Assets.1003	Machinery and Equipment - Beginning $1234 Machinery and Equipment - Ending $4118
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $3458 Accounts Payable and Accrued Expenses - Ending $4369

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $32302

Other Expenses.1002

Office Expenses $600

Other Expenses.1009

Depreciation $761

Other Expenses.1012

Insurance $686

Other Expenses.1

Downtown Improvements $15528

Other Expenses.2

Dues & subscriptions $2331

Other Expenses.3

Bank charges $699

Other Expenses.4

Meals $553

Other Expenses.5

Merchant deposit fees $177

Other Expenses.6

Payroll processing fees $98

Other Expenses.8

Business license & fees $81

Other Assets.1003

Machinery and Equipment - Beginning $1234 Machinery and Equipment - Ending $4118

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3458 Accounts Payable and Accrued Expenses - Ending $4369

1	Contributions, gifts, grants, and similar amounts received ....................	1	192,898
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	192,898

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	132,259
13	Professional fees and other payments to independent contractors ............	13	4,575
14	Occupancy, rent, utilities, and maintenance ...................	14	5,962
15	Printing, publications, postage, and shipping ...................	15	90
16	Other expenses (describe in Schedule O) ...................	16	53,816
17	Total expenses. Add lines 10 through 16 .................	17	196,702

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-3,804
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	21,413
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	17,609

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	23017518
Software Version:	2023v5.0