Creative Portland Corporation
- Assets
- $167.9k
- Revenue
- $114.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 05/2010
- Data as of
- 06/2022
- EIN
- 27-0843775
Organization Overview
Creative Portland Corporation is located in Portland, ME. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Portland Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Creative Portland Corporation generated $114.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $106.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATIVE PORTLAND IS A NONPROFIT ORGANIZATION THAT LEVERAGES, GROWS AND SUSTAINS PORTLAND'S CREATIVE INDUSTRIES, ENTERPRISES AND WORKFORCE. AS THE CITY'S OFFICIAL LOCAL ARTS AGENCY, WE PAY PARTICULAR ATTENTION TO SUPPORTING ARTISTS AND CULTURAL INSTITUTIONS THAT ARE KEY TO PORTLAND'S IDENTITY, ECONOMY & COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PORTLAND ARTIST RELIEF FUND IS AN EMERGENCY RELIEF FUND FOR VISUAL ARTISTS AND PERFORMING ARTISTS IN THE GIG ECONOMY TO HELP MAKE ENDS MEET. CREATIVE PORTLAND HAS ASSEMBLED A REVIEW COMMITTEE OF ARTS COMMUNITY LEADERS AND STAKEHOLDERS TO SELECT APPLICANTS AND TO DISPERSE STIPENDS FOR TO ELIGIBLE ARTISTS. CREATIVE PORTLAND RETAINS A 10% ADMINN FEE AS AN ADDITIONAL CONTRIBUTION FOR PROGRAMS THAT HELP TO SUSTAIN THE CREATIVE COMMUNITY.
CREATIVE PORTLAND, IN PARTNERSHIP WITH GREATER PORTLAND METRO AND THE GREATER PORTLAND COUNCIL OF GOVERNMENTS, INITIATED A CREATIVE BUS SHELTER PROGRAM MADE POSSIBLE BY A NEA GRANT. ARTISTS ARE SELECTED TO INSTALL THEIR VISION USING THE CANVAS OF THE BUS SHELTER FOR PUBLIC ART. THE PROJECT STRENGTHENS COMMUNITIES BY ENGAGING LOCAL ARTISTS, IN PARTNERSHIP WITH TRANSIT PROVIDERS, AND IN COLLABORATION WITH THE OFFICE OF ECONOMIC OPPORTUNITY AND THE GREATER PORTLAND IMMIGRANT WELCOME CENTER, FOR POSITIVE SOCIAL IMPACT AND SYSTEMS CHANGE.
DURING FY 6/30/21, CREATIVE MAINE SERVED AS FISCAL SPONSOR TO SEVENTEEN EMERGING ARTISTS AND ART ORGANIZATIONS IN ALL DISCIPLINES WITHIN THE PORTLAND AREA. THIS PROGRAM ALLOWS ORGANIZATIONS WITH A CHARITABLE MISSION, THAT ALIGNS WITH CREATIVE PORTLAND, AND QUALIFIES UNDER 501(C) (3), TO OPERATE UNDER AN EXISTING NONPROFIT ORGANIZATION. CREATIVE PORTLAND CHARGES AN ADMINISTRATION FEE ON ALL FUNDS HELD THROUGH THE SPONSORSHIP PROGRAM. OTHER PROJECTS AND PRIORITIES INCLUDE PORMOTION OF THE CITY'S RAPID RESPONSE BUSINESS ASSISTANCE PROGRAMS; HEALTH AND SAFETY ARTS MESSAGING; CULTURAL COMMUNITY DISCUSSION; FIRST FRIDAY ART WALK; PORTLAND ARTS APP; AND SUMMER STAGE PRESENTATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brenerman Secretary | OfficerTrustee | 0.5 | $0 |
Eliza Ginn Vice Preside | OfficerTrustee | 0.5 | $0 |
Kate Anker President | OfficerTrustee | 0.5 | $0 |
Gibrian Foltz Treasurer | OfficerTrustee | 0.5 | $0 |
Anne Mcguire Ex Officio | OfficerTrustee | 0.25 | $0 |
Dinah Minot Executive Di | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,131 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,631 |
| Total Program Service Revenue | $14,273 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $10,584 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,580 |
| Advertising and promotion | $2,378 |
| Office expenses | $8,792 |
| Information technology | $4,519 |
| Royalties | $0 |
| Occupancy | $5,741 |
| Travel | $25 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,687 |
| Insurance | $1,629 |
| All other expenses | $8,743 |
| Total functional expenses | $106,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,661 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,233 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $167,894 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,098 |
| Total liabilities | $28,098 |
| Net assets without donor restrictions | $139,796 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $167,894 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Creative Portland Corporation has recieved totaling $164,472.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Arts & Culture, COVID-19 Related Assistance, Racial Equity, Economic Development | $136,772 |
Elmina B Sewall Foundation Freeport, ME PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: BLACK OWNED MAINE, ONE MAINE GROUP: INCUBATOR PILOT | $10,000 |
Good Sheperd Food Bank Auburn, ME PURPOSE: Food distribution programs | $7,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Maine Development Corporation Bangor, ME | $11,518,769 | $64,676,194 |
Northern Maine Development Commission Inc Caribou, ME | $20,810,299 | $32,269,814 |
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Maine Development Foundation Hallowell, ME | $970,799 | $2,681,444 |
Maine Tourism Association Hallowell, ME | $2,552,212 | $2,806,092 |
Maine Manufacturing Extension Partnership Augusta, ME | $1,279,245 | $1,939,009 |
Rockingham Economic Development Corporation Raymond, NH | $17,369,754 | $4,323,565 |
Kennebec Valley Council Of Governments Fairfield, ME | $3,745,709 | $1,561,553 |
Main Street Skowhegan Skowhegan, ME | $357,285 | $771,437 |
Convention Visitors Bureau Of Greater Portland Portland, ME | $563,151 | $741,115 |
Walpole Foundation Walpole, NH | $9,906,634 | $599,898 |
New Hampshire Lodging And Resturant Association Concord, NH | $788,383 | $690,976 |