APPLETON DOWNTOWN INC

EIN: 391727622

APPLETON, WI

Total Revenue
$1,040,608
Total Expenses
$1,043,246
Total Assets
$772,436
Net Assets
$446,412
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WI
Principal Officer
JENNIFER STEPHANY
Phone
9209549112
Tax Period
2024-01-01 to 2024-12-31

APPLETON DOWNTOWN INC, founded in 1991, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024.

Mission

OUR MISSION TO ESTABLISH A VIBRANT AND ACCESSIBLE DESTINATION FOR BUSINESS, LEARNING, LIVING AND LEISURE IS ANCHORED IN OUR FOCUS TO CREATE AN ENVIRONMENT OF SUCCESS AND SUSTAINABILITY FOR THE NEW EXHIBITION CENTER, A ROBUST EMPLOYMENT CENTER AND A MORE LIVABLE DOWNTOWN. OUR STRATEGIC INITIATIVES BUILD SUPPORT FOR AN EXCEPTIONAL VISITOR EXPERIENCE, A STRONG BUSINESS CLIMATE AND AN ATTRACTIVE, ACCESSIBLE AND INCLUSIVE DOWNTOWN WHERE MORE PEOPLE WANT TO LIVE.

Program Service Accomplishments

Program 1

DOWNTOWN VITALITY THROUGH PROMOTING AND MANAGING DOWNTOWN EVENTS AND PROMOTING A CLEAN, SAFE AND FRIENDLY ENVIRONMENT IS ANOTHER AREA THAT DOMINATES OUR TASK LIST. EVENTS PROVIDE QUALITY OF LIFE...

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DOWNTOWN VITALITY THROUGH PROMOTING AND MANAGING DOWNTOWN EVENTS AND PROMOTING A CLEAN, SAFE AND FRIENDLY ENVIRONMENT IS ANOTHER AREA THAT DOMINATES OUR TASK LIST. EVENTS PROVIDE QUALITY OF LIFE EXPERIENCES, GENERATE FOOT TRAFFIC FOR THE BUSINESSES AND PROVIDE ADDITIONAL OPPORTUNITY TO SHOWCASE THE DISTIRCT. OUR EVENTS TYPICALLY GENERATE SUPPORT DOLLARS FOR THE ORGANIZATION HOWEVER SOME ARE STRICTLY DESIGNED TO DRIVE TRAFFIC TO THE BUSINESSES AND ARE NOT CONSIDERED FUNDRAISERS. THE DOWNTOWN SUMMER FARM MARKET, WHICH FEATURED 88 LOCAL AND REGIONAL VENDORS, THE HEID MUSIC SUMMER CONCERT SERIES FEATURED TOP LOCAL ACTS AND PUT ON 11 FREE LIVE SHOWS. WE HOSTED TWO NIGHT MARKET EVENTS FREE TO ATTEND FEATURING CULUTRAL PERFORMANCES, ARTISTIC EXPERIENCES, LIVE MUSIC, VENDORS AND FOOD. OUR EVENTS INCLUDED A VARIETY OF EXPERIENCE EVENTS INCLUDING DEATH BY CHOCOLATE, SOUP WALK, CULTURAL CUISINE WALK, CRAFT BEER WALK, WINE WALK, AND CAFE WALK. THESE EVENTS ARE DESIGNED TO GET PEOPLE MOVING AROUND THE DISTRICT AND VISIT VENUES. WE ARE THE MANAGEMENT ARM FOR THE COMMUNITY PARADES HANDELING LOGISTICS. WE ARE ALSO A CONTRACTED PARTNER OF OCTOBERFEST HELPING TO MANAGE THE ARTS AND CRAFTS AREA AND WRISTBAND BOOTHS. WE HOSTED OR PARTICIPATED IN A TOTAL OF 53 COMMUNITY EVENTS.

Program 2

OUR EFFORTS IN DISTRICT MARKETING ARE FOCUSED ON SHOWCASING THE DOWNTOWN AS A DESTINATION FOR BUSINESS, ARTS AND LEISURE. ADVERTISING RANGES FROM IMAGE MARKETING TO EVENT MARKETING THAT DRAWS...

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OUR EFFORTS IN DISTRICT MARKETING ARE FOCUSED ON SHOWCASING THE DOWNTOWN AS A DESTINATION FOR BUSINESS, ARTS AND LEISURE. ADVERTISING RANGES FROM IMAGE MARKETING TO EVENT MARKETING THAT DRAWS THOUSANDS OF VISITORS TO OUR DOWNTOWN. WE USE A VARIETY OF AVENUES INCLUDING RADIO, DIGITAL BILLBOARD ADS, PRINT ADS, TV ADS, KIOSK AND WINDOW DISPLAYS, AND SOCIAL MEDIA. OUR SOCIAL MEDIA ADVERTISING INCLUDES EMAIL, EBLAST, A WEB PAGE WITH 195K TOTAL ACTIVE USERS, FACEBOOK WITH 26,511 LIKES, AND INSTAGRAM WITH 8,995 FOLLOWERS. WE PRODUCE AN ANNUAL DOWNTOWN GUIDE AND DISTRIBUTED 15,000 OF THEM TO VISITORS AND LOCAL RESIDENCE, EXPENSE OF $8420. WEEKLY COMMUNICATION TO THE BUSINESSES AND GENERAL PUBLIC KEEPS EVERYONE INFORMED ON ISSUES AND HAPPENINGS IN THE DISTRICT, WE SWITCHED TO CONSTANT CONTACT THIS YEAR $1344 FOR THE SUBSCRIPTION. AN IMAGE MARKETING CAMPAIGN WAS LAUNCHED INVESTING A TOTAL OF: $55,150 INVESTED. WE CONTRACTED WITH COALSCE MARKETING AND INVESTED $21,100 TO HAVE OUR WEBSITE REBUILT. A TOTAL OF $59,042 WAS INVESTED IN CONTENT DEVELOPMENT AND GRAPHIC DESIGN. THE DOWNTOWN GUIDE AND SMALL BUSINESS SATURDAY PROGRAM ATTRACT COOPERATIVE INVESTMENT OF $25,700 FROM DOWNTOWN BUSINESSES AND SPONSORS. $104,690 OF OUR MARKETING AND PRINTING EXPENSES ARE COVERED BY BID FUNDING.

Program 3

WE SUPPORT PROGRAMS FOR THE RECRUITMENT, IMPROVEMENT AND RETENTION OF 206 PROPERTY MEMBERS IN DOWNTOWN APPLETON. BID BUILDING IMPROVEMENT FUNDS ARE DESIGNED TO IMPROVE PHYSICAL APPEARANCE. IN 2024...

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WE SUPPORT PROGRAMS FOR THE RECRUITMENT, IMPROVEMENT AND RETENTION OF 206 PROPERTY MEMBERS IN DOWNTOWN APPLETON. BID BUILDING IMPROVEMENT FUNDS ARE DESIGNED TO IMPROVE PHYSICAL APPEARANCE. IN 2024 THE BID DISTRIBUTED $49,079 FOR BUILDING AND SIGNAGE IMPROVEMENT GRANTS AND $10,650 IN NEW BUSINESS SUPPORT GRANTS FROM THE BUSINESS IMPROVEMENT DISTRICT. SUPPORT FOR BUSINESS RECRUITMENT THROUGH OUR SEARCHABLE ONLINE PROPERTY TOOL HELPS CONNECT BUILDING OWNERS WITH POTENTIAL TENANTS OR BUYERS. WE ALSO PROVIDE A RESIDENT AND EMPLOYEE WELCOME PACKET PROGRAM. ALL PROGRAMS ARE BID SUPPORTED. WE CONTINUE TO PARTNER WITH THE CITY OF APPLETON TO EXECUTE THE DOWNTOWN PLAN CHAPTER 14 OF THE CITY'S COMPREHENSIVE PLAN.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $569,251
Program Service Revenue $437,409
Investment Income $18,088
Other Revenue $15,860
TOTAL REVENUE $1,040,608

Expense Breakdown

Grants Paid $0
Salaries & Benefits $343,817
Fundraising Expenses $0
Other Expenses $629,443
TOTAL EXPENSES $1,043,246

Year-over-Year Comparison

2024 2023 Change
Revenue $1,040,608 $991,116 +0.0%
Expenses $1,043,246 $933,777 +0.1%
Net Income $-2,638 $57,339 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
9
Volunteers
55

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$100,248
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MADERA ALLEN DIRECTOR 0.50
Director
$0 $0 $0
LYSSA KING PRESIDENT 2.00
Officer Director
$0 $0 $0
NATALIE KLIKA DIRECTOR 1.00
Director
$0 $0 $0
TOM KLISTER TREASURER 1.50
Officer Director
$0 $0 $0
KOLBY KNUTH SECRETARY 1.50
Officer Director
$0 $0 $0
STEVE LONSWAY VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
LAURA VARGOSKO PAST PRESIDENT 2.50
Officer Director
$0 $0 $0
TODD HEID DIRECTOR 1.50
Director
$0 $0 $0
JEFF GEIGER DIRECTOR 1.50
Director
$0 $0 $0
AMANDA FURMAN DIRECTOR 0.50
Director
$0 $0 $0
BRI KAPHEIM DIRECTOR 0.50
Director
$0 $0 $0
MONIKA AUSTIN DIRECTOR 2.00
Director
$0 $0 $0
JON SEARLES DIRECTOR 0.50
Director
$0 $0 $0
STEPHANIE LOWNEY DIRECTOR 0.50
Director
$0 $0 $0
KAY HALBROOK DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER STEPHANY EXECUTIVE DIRECTOR 35.00
Officer
$97,081 $3,167 $100,248
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,040,608 $1,043,246 $772,436 $-2,638
2023 $991,116 $933,777 $842,172 $57,339
2022 $932,337 $871,152 $879,739 $61,185
2021 $932,108 $723,848 $578,850 $208,260
2020 $559,579 $598,828 $373,487 $-39,249
2019 $907,328 $908,322 $200,111 $-994
2018 $877,920 $886,375 $213,580 $-8,455
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