The Downtown Little Rock Partnership logo

The Downtown Little Rock Partnership

Public charity · Grantmaker Little Rock, AR EIN: 71-0602465 Website

The organization strives to provide leadership by addressing or advocating for planning, legislation, transportation, economic development and numerous public and private initiatives. These initiatives serve to strengthen the overall downtown business, cultural, entertainment, recreational, and residential communities and to enhance the image of downtown little rock.

Key facts about The Downtown Little Rock Partnership

In short: The Downtown Little Rock Partnership gave $29K across 3 grants in 2024 (avg $10K), mostly in Arkansas. Source: 2024 IRS Form 990.

EIN
71-0602465
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$28,875
Grants made (2024)
3
Average grant
$9,625
Median grant
$10,778
Total assets
$392,371
Primary geography
Arkansas (63% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$392K

-8.5% YoY

Annual Giving

$29K

+304.7% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$10K

+34.9% YoY

About The Downtown Little Rock Partnership

Based on IRS filings

The Downtown Little Rock Partnership is a public charity focused on Community Improvement & Capacity Building, based in Little Rock, AR. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $392K in total assets. In 2024, it awarded 3 grants totaling $29K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Little RockDallas

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2018 0 grants2019 0 grants2020 Total only2021 1 grant2022 1 grant2023 3 grants2024

From 2021 to 2024, annual grant giving ranged from $7K (2023) to $29K (2024). In 2024 it made 3 grants totaling $29K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Ar Repertory Theatre: $11KAr Repertory Theatre$11KCrossroads Decorative Pavement: $11KCrossroads Decorative Pavement$11KThird Street Merchants: $7KThird Street Merchants$7K

The largest 2024 recipient was Ar Repertory Theatre ($11K). Together the top 3 received $29K.

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ar Repertory Theatre Little Rock, ARFunding to Support Window Repair$11,097
Crossroads Decorative Pavement Dallas, TXFunding to Support Soma Art Weekend$10,778
Third Street Merchants Little Rock, ARFunding to Support St Patricks Day Event$7,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M2018 2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$392,371$428,821$519,430
Revenue$818,768$674,713$750,502
Expenses$841,283$779,402$714,496
Net Investment Income$8,191$3,395$739

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2018 (received by the IRS September 9, 2021)
  2. Added Form 990 for fiscal year 2019 (received by the IRS September 9, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS April 17, 2023)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Downtown Little Rock Partnership is led by Gabe Holmstrom, Executive Director since 2021 (on filings since 2018); 1 of 70 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Gabe Holmstrom

    Executive Director

    Executive Di → Executive Director, 2021

    On filings since 2018

    40 hrs/week

    $131K (2018) → $170K (2024)

  • David Sargent

    President

    Vice President & Director → Vice President, 2023

    Vice President → President, 2024

    On filings since 2021

    No compensation reported

  • Brent Birch

    Director

    President → Past President, 2022

    Past President → Director, 2024

    On filings since 2018

    No compensation reported

  • David Lang

    Director

    On filings since 2018

    No compensation reported

  • Dean Kumpuris

    City Board Director

    City Board O → City Board of Directors, 2021

    City Board of Directors → City Board Director, 2024

    On filings since 2018

    No compensation reported

  • Denise Hanson

    Director

    On filings since 2018

    No compensation reported

  • Elizabeth Michael

    Director

    On filings since 2018

    No compensation reported

  • Greg McCarroll

    Director

    On filings since 2018

    No compensation reported

  • Heartsill Ragon III

    Director

    On filings since 2018

    No compensation reported

  • Jeff Utecht

    Director

    On filings since 2018

    No compensation reported

  • Jeremiah Wood

    Director

    On filings since 2018

    No compensation reported

  • Josh Malone

    Director

    On filings since 2018

    No compensation reported

  • Justin Allen

    Director

    On filings since 2018

    No compensation reported

  • Katy Bartlett

    Director

    On filings since 2018

    No compensation reported

  • Kelley Bass

    Director

    On filings since 2018

    No compensation reported

  • Mark Stodola

    Director

    Mayor of Cit → Director, 2019

    On filings since 2018

    No compensation reported

  • Ross Cranford

    Director

    On filings since 2018

    No compensation reported

  • Stanley Hastings Jr.

    Director

    On filings since 2018

    No compensation reported

  • Wanda Hoover

    Director

    On filings since 2018

    No compensation reported

  • Chris East

    Director

    At Large → Director, 2024

    On filings since 2019

    No compensation reported

  • Jay Hartman

    Director

    On filings since 2019

    No compensation reported

  • Staci Miller

    Director

    On filings since 2019

    No compensation reported

  • Victoria Ramirez

    Director

    On filings since 2019

    No compensation reported

  • Alex Thomas

    Director

    On filings since 2021

    No compensation reported

  • Arlton Lowery

    Director

    On filings since 2021

    No compensation reported

  • Christa Clark

    Director

    On filings since 2021

    No compensation reported

  • James Sullivan

    Director

    On filings since 2021

    No compensation reported

  • John Martin

    Director

    On filings since 2021

    No compensation reported

  • Mandy Marshall

    Director

    On filings since 2021

    No compensation reported

  • Mimi San Pedro

    Director

    On filings since 2021

    No compensation reported

  • Odell Nickelberry

    Director

    On filings since 2021

    No compensation reported

  • Phil Brandon

    Director

    On filings since 2021

    No compensation reported

  • Rebecca Tennille

    Director

    On filings since 2021

    No compensation reported

  • Will Trice

    Director

    On filings since 2021

    No compensation reported

  • Sarah Thomas

    Director

    On filings since 2022

    No compensation reported

  • Valerie Erkman

    Director

    On filings since 2022

    No compensation reported

  • Blake Bowlin

    Director

    On filings since 2023

    No compensation reported

  • Colin Crawford

    Director

    On filings since 2023

    No compensation reported

  • David Hutchison

    Director

    On filings since 2023

    No compensation reported

  • Drew Williams

    Director

    On filings since 2023

    No compensation reported

  • Guy Choate

    Director

    On filings since 2023

    No compensation reported

  • Jacob E. Hall

    Director

    On filings since 2023

    No compensation reported

  • Jacob Fair

    Director

    On filings since 2023

    No compensation reported

  • Lesley Nalley

    Director

    On filings since 2023

    No compensation reported

  • Lisa Lake

    Director

    On filings since 2023

    No compensation reported

  • Marti Nicholson

    Director

    On filings since 2023

    No compensation reported

  • Sarah Beth Leader

    Director

    On filings since 2023

    No compensation reported

  • Shannon Heard

    Director

    On filings since 2023

    No compensation reported

  • Alecia Castleberry

    Director

    New on the 2024 filing

    No compensation reported

  • Amy Blake

    Director

    New on the 2024 filing

    No compensation reported

  • Amy Moorehead

    Director

    New on the 2024 filing

    No compensation reported

  • Chad Causey

    Director

    New on the 2024 filing

    No compensation reported

  • Joy Secuban

    Director

    New on the 2024 filing

    No compensation reported

  • Kelli McDaniels

    Director

    New on the 2024 filing

    No compensation reported

  • Matthew Dearnley

    Director

    New on the 2024 filing

    No compensation reported

  • Natalie Ghidotti

    Director

    New on the 2024 filing

    No compensation reported

  • Quantia Key Fletcher

    Director

    New on the 2024 filing

    No compensation reported

  • Robert Klein

    Director

    New on the 2024 filing

    No compensation reported

  • Shealyn Sowers

    Director

    New on the 2024 filing

    No compensation reported

  • Tracy Cryder

    Director

    New on the 2024 filing

    No compensation reported

  • Carol Worley

    Past President

    Vice President → President, 2022

    President → Past President, 2024

    On filings since 2018

    No compensation reported

  • Hank Kelley

    At Large

    Director → At Large, 2019

    On filings since 2018

    No compensation reported

  • Jimmy Moses

    At Large

    Director → At Large, 2021

    On filings since 2018

    No compensation reported

  • Doug Meyer

    Metrocentre Representative

    Metrocentre → Metrocentre Representative, 2021

    On filings since 2019

    No compensation reported

  • Gina Gemberling

    Lrcvb Representative

    Director → Lrvcb Representative, 2022

    Lrvcb Representative → Lrcvb Representative, 2024

    On filings since 2021

    No compensation reported

  • Mayor Frank D. Scott Jr.

    City of Little Rock Mayor

    On filings since 2021

    No compensation reported

  • Nathan Coulter

    At Large

    Director → At Large, 2024

    On filings since 2021

    No compensation reported

  • Pattie Davidson

    Treasurer

    Past President → Treasurer, 2022

    On filings since 2021

    No compensation reported

  • Emily Cox

    Acting City Manager

    New on the 2024 filing

    No compensation reported

  • Nikki Crane-Hasty

    At Large

    New on the 2024 filing

    No compensation reported

Former officers (69)
  • Former: Anne Laidlaw (2018–2023) — Director
  • Former: Bruce Moore (2018–2023) — City Manager
  • Former: Jay Chesshir (2018–2023) — Director
  • Former: Judge Barry Hyde (2018–2023) — Director
  • Former: Nate Coulter (2018–2023) — Director
  • Former: Patricia Blick (2018–2023) — Director
  • Former: Paul Parnell (2018–2023) — Director
  • Former: Tommy Lasiter (2018–2023) — Director
  • Former: Christina Drale (2021–2023) — Director
  • Former: Debbie Shock (2021–2023) — Director
  • Former: Kyle James (2021–2023) — Director
  • Former: Madeline Balgavy (2021–2023) — Director
  • Former: Nikki Crane (2021–2023) — Director
  • Former: Rocky Goodman (2021–2023) — Director
  • Former: Casey Covington (2023) — Director
  • Former: Colleen Bailey (2023) — Director
  • Former: Greg Pirkle (2023) — Director
  • Former: Justin Avery (2023) — Director
  • Former: Ross Owyoung (2023) — Director
  • Former: Chad Young (2018–2022) — Director
  • Former: Charles Frazier (2018–2022) — Director
  • Former: Joe Fox (2018–2022) — Director
  • Former: Melinda Faubel (2018–2022) — Director
  • Former: Pat Miller (2018–2022) — Director
  • Former: Tab Townsell (2018–2022) — Director
  • Former: Ashley Bearden (2021–2022) — Director
  • Former: Chris Ho (2021–2022) — Director
  • Former: David Stogsdill (2021–2022) — Director
  • Former: Debbie Davis (2021–2022) — Director
  • Former: Jacob Spears (2021–2022) — Director
  • Former: Joe Weinsinger (2021–2022) — Director
  • Former: Kathryn Tucker (2021–2022) — Director
  • Former: Kevin Case (2021–2022) — Director
  • Former: Lawrence Montgomery (2021–2022) — Director
  • Former: Marisha Dicarlo (2021–2022) — Director
  • Former: Robert Birch (2021–2022) — Director
  • Former: Tabitha McNulty (2021–2022) — Director
  • Former: Gretchen Hall (2018–2021) — Lrvcb Representative
  • Former: Todd Larson (2018–2021) — Director
  • Former: Andrew Rogerson (2018–2020) — Director
  • Former: David Robinson (2018–2020) — Director
  • Former: Jay Meador (2018–2020) — Director
  • Former: Jennifer Goss (2018–2020) — Director
  • Former: John Stuckey (2018–2020) — Director
  • Former: Jordan Thomas (2018–2020) — Director
  • Former: Margot Vogel (2018–2020) — Director
  • Former: Michael Chaffin (2018–2020) — Director
  • Former: Pattie Weed (2018–2020) — Director
  • Former: Rett Tucker (2018–2020) — Secretary
  • Former: Richard Bearden (2018–2020) — Director
  • Former: Rob Tiffee (2018–2020) — Director
  • Former: Sarah Stricklin (2018–2020) — Director
  • Former: Scott Schallhorn (2018–2020) — Director
  • Former: Stephanie Streett (2018–2020) — Director
  • Former: Susie Smith (2018–2020) — Director
  • Former: Tom Spinnato (2018–2020) — Director
  • Former: Wyck Nisbet (2018–2020) — Treasurer
  • Former: Caroline Reddmann (2019–2020) — Director
  • Former: Frank D. Scott Jr. (2019–2020) — Mayor
  • Former: Anna Strong (2018) — Director
  • Former: Bob East (2018) — Director
  • Former: James Meyer (2018) — Director
  • Former: Jennifer Peper (2018) — Director
  • Former: Laine Harber (2018) — Director
  • Former: Nicole Boddington (2018) — Director
  • Former: Paul Brewster (2018) — Director
  • Former: Richard Cooper (2018) — Director
  • Former: Rick Urias (2018) — Director
  • Former: Scott Stine (2018) — Director

Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Gabe Holmstrom — Executive Director: $170KGabe HolmstromExecutive Director$170K

The highest reported compensation on the 2024 filing was $170K, to Gabe Holmstrom (Executive Director).

Frequently asked questions about The Downtown Little Rock Partnership

How much does The Downtown Little Rock Partnership give each year?

The Downtown Little Rock Partnership gave $29K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $7K across 1 grant.

What is The Downtown Little Rock Partnership's typical grant size?

The Downtown Little Rock Partnership's median grant in 2024 was $10,778, and its average grant was $9,625, across 3 grants on its 2024 IRS Form 990.

Where does The Downtown Little Rock Partnership give grants?

The Downtown Little Rock Partnership gives mostly in Arkansas: 63% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Texas (37%). The most frequent recipient cities were Little Rock, AR (2 grants).

Does The Downtown Little Rock Partnership give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on The Downtown Little Rock Partnership's 2024 IRS Form 990 were described as general or operating support.

How large is The Downtown Little Rock Partnership?

The Downtown Little Rock Partnership reported $392K in total assets on its 2024 IRS Form 990. Its revenue that year was $819K.

What is The Downtown Little Rock Partnership?

The Downtown Little Rock Partnership is a public charity focused on Community Improvement & Capacity Building, based in Little Rock, AR. It holds $392K in total assets as of 2024.

What is The Downtown Little Rock Partnership's EIN?

The Downtown Little Rock Partnership's EIN (Employer Identification Number) is 71-0602465. IRS Form 990 filing data is available on this page for 2018–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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