Nashville Downtown Partnership Inc

Overview

The Nashville Downtown Partnership Inc is a nonprofit organization dedicated to enhancing and promoting downtown Nashville. Established in 1994, it aims to make downtown Nashville a vibrant and attractive urban center in the Southeast for living, working, playing, and investing[1][3].

Mission and Activities

The organization's core purpose is to maintain downtown Nashville as a clean, safe, and lively area. This is achieved through several key activities:

• Business Recruitment and Retention: The Partnership works to attract and retain businesses in the downtown area, fostering economic growth.
• Residential and Retail Development: It supports the development of residential and retail spaces to create a thriving community.
• Public Space Management: The organization oversees the management of public spaces, ensuring they remain welcoming and well-maintained.
• Access and Transportation: Efforts are focused on improving access and transportation options within the area.
• Communications and Marketing: The Partnership promotes downtown destinations through effective marketing and communication strategies[1].

The organization operates within two Business Improvement Districts (BIDs): the Central Business Improvement District (CBID) and The Gulch Business Improvement District (GBID)[1].

Financial Information

As of the fiscal year ending in December 2023, the Nashville Downtown Partnership Inc reported significant financial figures:

• Revenue: $19.4 million, primarily generated from program services (96.6%)[2].
• Expenses: Totaled $19 million, with notable allocations to executive compensation and other salaries and wages[2].
• Total Assets: Amounted to $7.84 million[2].
• Total Liabilities: Were approximately $3.93 million[2].

Programs and Services

One of the notable services provided by the Partnership is the deployment of downtown ambassadors. These individuals patrol sidewalks and public spaces 365 days a year to enhance safety, cleanliness, and hospitality in the area[4]. This initiative contributes significantly to the overall appeal and quality of life in downtown Nashville.

Classification

The Nashville Downtown Partnership Inc is classified as a business league or chamber of commerce-type nonprofit. It focuses on community improvement and the promotion of business conditions. However, donations to this organization are not tax deductible[2].

[1] https://nashvilledowntown.com/about [2] https://projects.propublica.org/nonprofits/organizations/621774641 [3] https://www.visitmusiccity.com/local-business/nashville-downtown-partnership [4] https://www.guidestar.org/profile/62-1774641 [5] https://www.bizjournals.com/profile/company/org_mv_2140547