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CHARITY REVIEW
Issued: March 2024 Expires: March 2025

Center City of Amarillo, Inc.

Accredited Charity
Accredited Charity

Meets Standards
(806) 372-6744
1000 S Polk St
Amarillo, TX, 79101
https://centercity.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Center City of Amarillo, Inc. meets the 20 Standards for Charity Accountability.

Stated Purpose:
"Center City of Amarillo, Inc. brings people to downtown Amarillo through organization, events, promotion, design and facilitation of economic restructuring."

Year, State Incorporated:
1995, TX

Center City is a nonprofit organization dedicated to downtown revitalization, historic preservation and building a neighborhood that bridges the past and the present.

For the year ended September 30, 2022, Center City of Amarillo, Inc.'s program expenses were:

Programs $303,455
Total Program Expenses $303,455

Chief Executive
Beth Duke, Executive Director

Compensation*
$114,925

Board Size
24

Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Other

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Center City of Amarillo, Inc.'s audited financial statements - combined for the year ended September 30, 2022.

Source of Funds
Operation Grant City of Amarillo $115,000
Special Events $98,847
Business Facade Grant City of Amarillo $70,000
Membership Fees $68,220
In Kind Contributions $13,561
Contributions $12,631
Interest Income $2,522
Other Income $268
Total Income $381,049

Programs: 81% Fundraising: 9% Administrative: 10%

Total Income $381,049
Total expenses: $372,839
  Program expenses $303,455
  Fundraising expenses $32,446
  Administrative expenses $36,938
  Other expenses $0
Income in Excess of Expenses $8,210
Beginning Net Assets $462,323
Other Changes In Net Assets $0
Ending Net Assets $470,533
Total Liabilities $81,015
Total Assets $551,548

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB of Amarillo