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Exterior shot of the former DLC Office, 145 West Main St. Frequently Asked Questions

 

Q:  Is the Downtown Lexington Corporation a part of LFUCG?

A:  No, we are not a government agency and not affiliated with LFUCG. The DLC is an independent, non-profit organization devoted to the entertainment, vitality and lifestyle of the Downtown Lexington area.

 

Q:  Does LFUCG provide financial support to the DLC?

A:  Yes.  DLC has a purchase of service agreement with LFUCG to provide certain events and activities for Downtown Lexington.  In addition, LFUCG sometimes provides financial support to specific events in the form of in-kind sponsorships, and our offices are located in the LFUCG owned Phoenix Building.

 

Q:  Where does the DLC get its money?

A:  DLC is a member-based organization; therefore the majority of our financial revenue comes in the form of annual membership dues from its members.  Members may also provide financial support for individual events in the form of cash sponsorship.  The DLC also generates a small amount of revenue from events through beverage sales, vendor fees and merchandise sales.

 

Q: Are my individual donations to the DLC tax-deductible?

A:  No.  DLC carries a 501(c)4 non-profit status, therefore membership dues are not tax-deductible.  However, DLC recently formed a 501(c)3 foundation and these donations are tax-deductible.  The DLC Foundation focuses on beautification, homelessness, education and multicultural activities.  For more information on the DLC Foundation, visit the Foundation page of our website.

 

Q:  What does the DLC do with the money it raises?

A:  As a non-profit organization, the DLC is required to put all the money it makes back into the organization and its programs.  The money is used to pay our employees, to give our members exposure, to advocate for and promote Downtown Lexington and to produce free events in the downtown area for the public to enjoy.

 

Q:  Who can join the DLC as a member?

A:  Anybody who has an interest in supporting the vitality of Downtown Lexington.  Our members are not limited by geographical boundaries and we have members who are large corporations, small businesses, non-profit organizations and individuals.  Anyone who wants to see Lexington stand out as a world class city should invest in a safe, vibrant downtown. 

 

Q:  Are there benefits to membership?

A:  Yes.  Most of the direct benefits are geared toward our business and non-profit members in the form of exposure and advertising opportunities.  We work cooperatively with our members to create win-win situations that give to each other and the community.  Visit our membership page for more information.

 

Q:  How is the DLC different from Commerce Lexington (Lexington’s Chamber of Commerce)?

A:  Commerce Lexington focuses specifically on economic development and the promotion of its business members.  While the DLC includes economic development, the DLC also produces entertainment events that benefit the public at large whereas Commerce Lexington produces events that focus primarily on benefiting or recruiting business members.  For more information about Commerce Lexington visit their website at www.commercelexington.com.

 

Q:  How is the DLC different from Lexington Downtown Development Authority (LDDA)?

A:   LDDA is primarily focused on economic development as it relates to downtown.  They work to recruit residential developments and businesses to locate in Downtown Lexington.  The DLC is focused on ensuring these entities have a good quality of life experience once they are in Downtown Lexington.  For more information on LDDA visit their website at www.lexingtondda.com.

 

Q:  Can I get involved with the DLC?

A:  Yes!  Since the DLC functions with a very small core staff, we rely heavily on the help of our interns and volunteers.  We have opportunities to help with office-related tasks, special research projects and events.  We work closely with the local colleges and universities to provide student internships opportunities each semester.   We also have a number of committees which are open to the public.  If you are interested in volunteering in any of these areas, contact our office at 859-425-2590 or info@downtownlex.com.

 

 

 

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