Downtown Raleigh Alliance Inc

RALEIGH, NC EIN: 56-1994005 Website

ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.8M

+4.9% YoY

Annual Giving

$79K

Grant Count

9

Avg Grant Size

$9K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$933K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$1,810,181$1,726,101$1,180,214
Revenue$3,393,530$3,074,121$2,444,068
Expenses$3,386,180$2,885,176$2,373,390
Qualifying Distributions
Net Investment Income$5,127$3,881$103
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$96K$191K$287K$382K0 grants20201 grants20210 grants20220 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

FLAVOR HILLS$15KTHE GREEN MONKEY$15KBLACKBIRD BOOKS AND COFF…$13KBARBER WINE COMPANY$10KRALEIGH POPSICLE CO$8KROLLEY LLC$8KTHE BATH PLACE LLC$5KNORTH SOUTH HOSPITALITY …$3KHAUSE OF DOGS LLC$2K

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Downtown Raleigh Alliance Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BILL KINGPRESIDENT & CEO$188K

From 2024 filing

NameTitleHoursCompensation
BILL KINGPRESIDENT & CEO20$188,008
DAVID MEEKERPAST CHAIR1
SKIP HILLVICE CHAIR/CHAIR-ELECT1
JOSEPH BO DEMPSTERLEGAL COUNSEL1
TIA MCLAURINAT LARGE MEMBER1
MICHAEL MUNNAT LARGE MEMBER1
ALLYSON DICKENSTREASURER1
PAULETTE DILLARDBOARD CHAIR1
BRITT THOMASSECRETARY1
MARY-ANN BALDWINDIRECTOR1
MONICA BARNESDIRECTOR1
TIFFANY BARRIERDIRECTOR1
CHRIS BUDNICKDIRECTOR1
PETE BYERSDIRECTOR1
NICHOLLE ALLEN-STEELEDIRECTOR1
ADRIENNE COLEDIRECTOR1
NATALIE BATTENDIRECTOR1
DENNY EDWARDSDIRECTOR1
DAVID ELLISDIRECTOR1
EMILY WILLIAMSDIRECTOR1
DERRICK REMERDIRECTOR1
JOHNNY HACKETTDIRECTOR1
YVETTE HOLMESDIRECTOR1
GREGG SANDREUTERDIRECTOR1
CHARLIE IBARRADIRECTOR1
CARLY JONESDIRECTOR1
MAGGIE KANEDIRECTOR1
ROBBY LAWSONDIRECTOR1
MATT LILLEYDIRECTOR1
LARRY MILLERDIRECTOR1
BRIAN O'HAVERDIRECTOR1
EVAN RALEIGHDIRECTOR1
FELICIA TRUJILLODIRECTOR1
MIKE SMITHDIRECTOR1
ZAC VUNCANNONDIRECTOR1
JASON WIDENDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

JacksonvilleRaleighRocky MountYoungsville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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