Downtown Raleigh Alliance Inc
ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+4.9% YoY
Annual Giving
$79K
Grant Count
9
Avg Grant Size
$9K
About Downtown Raleigh Alliance Inc
Based on IRS filings
Downtown Raleigh Alliance Inc is a nonprofit organization, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 9 grants totaling $79K. Net investment income was $5K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Open Grants
1 open opportunity from Downtown Raleigh Alliance Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Flavor Hills ($15,000), The Green Monkey ($15,000), Blackbird Books and Coffee Llc ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BARBER WINE COMPANY RALEIGH, NC | STORE FRONT UPLIFT | $10,196 |
| BLACKBIRD BOOKS AND COFFEE LLC YOUNGSVILLE, NC | STOREFRONT UPFIT GRANT | $12,500 |
| FLAVOR HILLS JACKSONVILLE, NC | STOREFRONT UPFIT GRANT | $15,000 |
| RALEIGH POPSICLE CO RALEIGH, NC | STOREFRONT UPFIT GRANT | $8,330 |
| ROLLEY LLC RALEIGH, NC | STOREFRONT UPFIT GRANT | $7,500 |
| THE BATH PLACE LLC ROCKY MOUNT, NC | STOREFRONT UPFIT GRANT | $5,345 |
| THE GREEN MONKEY RALEIGH, NC | STOREFRONT UPFIT GRANT | $15,000 |
| HAUSE OF DOGS LLC RALEIGH, NC | STOREFRONT UPFIT GRANT | $2,481 |
| NORTH SOUTH HOSPITALITY LLC RALEIGH, NC | STOREFRONT UPFIT GRANT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILL KING | PRESIDENT & CEO | 20 | $188,008 |
| DAVID MEEKER | PAST CHAIR | 1 | — |
| SKIP HILL | VICE CHAIR/CHAIR-ELECT | 1 | — |
| JOSEPH BO DEMPSTER | LEGAL COUNSEL | 1 | — |
| TIA MCLAURIN | AT LARGE MEMBER | 1 | — |
| MICHAEL MUNN | AT LARGE MEMBER | 1 | — |
| ALLYSON DICKENS | TREASURER | 1 | — |
| PAULETTE DILLARD | BOARD CHAIR | 1 | — |
| BRITT THOMAS | SECRETARY | 1 | — |
| MARY-ANN BALDWIN | DIRECTOR | 1 | — |
| MONICA BARNES | DIRECTOR | 1 | — |
| TIFFANY BARRIER | DIRECTOR | 1 | — |
| CHRIS BUDNICK | DIRECTOR | 1 | — |
| PETE BYERS | DIRECTOR | 1 | — |
| NICHOLLE ALLEN-STEELE | DIRECTOR | 1 | — |
| ADRIENNE COLE | DIRECTOR | 1 | — |
| NATALIE BATTEN | DIRECTOR | 1 | — |
| DENNY EDWARDS | DIRECTOR | 1 | — |
| DAVID ELLIS | DIRECTOR | 1 | — |
| EMILY WILLIAMS | DIRECTOR | 1 | — |
| DERRICK REMER | DIRECTOR | 1 | — |
| JOHNNY HACKETT | DIRECTOR | 1 | — |
| YVETTE HOLMES | DIRECTOR | 1 | — |
| GREGG SANDREUTER | DIRECTOR | 1 | — |
| CHARLIE IBARRA | DIRECTOR | 1 | — |
| CARLY JONES | DIRECTOR | 1 | — |
| MAGGIE KANE | DIRECTOR | 1 | — |
| ROBBY LAWSON | DIRECTOR | 1 | — |
| MATT LILLEY | DIRECTOR | 1 | — |
| LARRY MILLER | DIRECTOR | 1 | — |
| BRIAN O'HAVER | DIRECTOR | 1 | — |
| EVAN RALEIGH | DIRECTOR | 1 | — |
| FELICIA TRUJILLO | DIRECTOR | 1 | — |
| MIKE SMITH | DIRECTOR | 1 | — |
| ZAC VUNCANNON | DIRECTOR | 1 | — |
| JASON WIDEN | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Downtown Raleigh Alliance Inc?
As of 2024, Downtown Raleigh Alliance Inc holds $1.8M in total assets with $3.4M in annual revenue. It awarded 9 grants totaling $79K in 2024.
Where does Downtown Raleigh Alliance Inc operate?
Downtown Raleigh Alliance Inc has awarded grants in North Carolina.
What size grants does Downtown Raleigh Alliance Inc award?
In 2024, Downtown Raleigh Alliance Inc awarded 9 grants totaling $79K — an average of about $9K per grant, based on its IRS Form 990 filings.
What is Downtown Raleigh Alliance Inc's EIN?
Downtown Raleigh Alliance Inc's EIN (Employer Identification Number) is 56-1994005. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Downtown Raleigh Alliance Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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