Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance
Development of the downtown area of knoxville.
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance at a glance
In short: Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance gave $80K across 8 grants in 2025 (avg $10K), mostly in Tennessee. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $80,000
- -90.1% vs 2024
- Grants made (2025)
- 8
- +0.0% vs 2024
- Average grant
- $10,000
- -90.1% vs 2024
- Median grant
- $10,000
- Total assets
- $2,137,280
- +27.3% vs 2024
- Primary geography
- Tennessee (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Nourish Knoxville ($15K). Together the top 8 received $80K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 32 grants of 39 (82%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
How Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance gives
- Giving grew 46% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $55K (2022) to $805K (2024). In 2025 it made 8 grants totaling $80K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nourish Knoxville Knoxville, TN | Market Square Farmer's Market | $15,000 |
| Asian Festival Knoxville, TN | Economic Development to Benefit Downtown Knoxville | $10,000 |
| Old City Market Knoxville, TN | Economic Development to Benefit Downtown Knoxville | $10,000 |
| Big Ears Knoxville, TN | Economic Development to Benefit Downtown Knoxville | $10,000 |
| East TN Historical Society Knoxville, TN | Economic Development to Benefit Downtown Knoxville | $10,000 |
| Violins of Hope | Public Exhibit to Boost Morale in Downtown Knoxville | $10,000 |
| Dogwood Arts Knoxville, TN | Economic Development to Benefit Downtown Knoxville | $9,000 |
| Knox Pride Fest Knoxville, TN | Economic Development to Benefit Downtown Knoxville | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,137,280 | $1,363,859 | $988,706 | $80,000 | 8 | $79,968 |
| 2024 | $1,678,918 | $1,197,709 | $1,548,031 | $805,000 | 8 | $14,574 |
| 2023 | $1,342,666 | $1,148,489 | $989,904 | $346,500 | 7 | $3,774 |
| 2022 | $975,958 | $994,784 | $835,155 | $54,700 | 5 | $405 |
| 2021 | $998,708 | $778,875 | $988,500 | $385,000 | 11 | $946 |
| 2020 | $1,058,976 | $781,448 | $668,952 | $106,000 | 5 | $1,819 |
About Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance
Based on IRS filings
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance is a public charity focused on Community Improvement & Capacity Building, based in Knoxville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 8 grants totaling $80K. Net investment income was $80K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance is led by Mary Katherine Wormsley, Chair since 2025 (on filings since 2021); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mary Katherine Wormsley
Chair
Board Member → Secretary, 2022
Secretary → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Vince Fusco
Vice Chair
Board Member → Vice Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Blaine Wedekind
Board Member
On filings since 2024
1 hr/week
No compensation reported
Chip Barry
Board Member
On filings since 2024
1 hr/week
No compensation reported
Natalea Cummings
Board Member
On filings since 2024
1 hr/week
No compensation reported
Bobby McCarter
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Faris Ed
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Gay Lyons
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Nikki Elliott
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (12)
- Former: Lorie Matthews (2020–2024) — Vice Chair
- Former: Matthew Debardelaben (2020–2024) — Chair
- Former: Adrienne Webster (2022–2024) — Treasurer
- Former: John Sanders (2022–2024) — Board Member
- Former: Rick Emmett (2020–2023) — Board Member
- Former: Daniel Smith (2021–2023) — Board Member
- Former: Drew McKenna (2022–2023) — Board Member
- Former: Becky Hancock (2020–2021) — Secretary
- Former: Michael Riley (2020–2021) — Treasurer
- Former: Robin Easter (2020–2021) — Board Member
- Former: Nanci Solomon (2020) — Board Member
- Former: Tim Hill (2020) — Chair
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance
How much does Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance give each year?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance gave $80K across 8 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $805K across 8 grants.
What is Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's typical grant size?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's median grant in 2025 was $10,000, and its average grant was $10,000, across 8 grants on its 2025 IRS Form 990.
Where does Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance give grants?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance gives mostly in Tennessee: 88% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Knoxville, TN (7 grants).
Does Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Economic Development to Benefit Downtown Knoxville" (6 grants).
Who are Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's largest grantees?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's largest 2025 grantees include Nourish Knoxville ($15,000), Asian Festival ($10,000) and Old City Market ($10,000), according to its 2025 IRS Form 990. Together they received 44% of its itemized 2025 grant dollars.
How large is Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance reported $2.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.4M.
What is Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance is a public charity focused on Community Improvement & Capacity Building, based in Knoxville, TN. It holds $2.1M in total assets as of 2025.
What is Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's EIN?
Knoxville Cbid Management Corporation DBA Downtown Knoxville Alliance's EIN (Employer Identification Number) is 62-1556225. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 5, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 8, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 22, 2025)
- IRS filings on file for fiscal years 2020–2025
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