Creative Ability Development Inc
- Assets
- $1.1m
- Revenue
- $468.6k
- Investments
- $0.0
- Employees
- 19
- Location
- Rochester, NY
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1611231
Organization Overview
Creative Ability Development Inc is located in Rochester, NY. The organization was established in 2014. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Creative Ability Development Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Ability Development Inc 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 12/2022, Creative Ability Development Inc generated $468.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $417.7k during the year ending 12/2022. 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
TO PROVIDE STUDENTS OF ALL AGES AN ENVIRONMENT IN WHICH TO DEVELOP THEIR MUSICAL ARTISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KANACK SCHOOL OF MUSICAL ARTISTRY HAS HAD A RICH HISTORY IN THE ROCHESTER COMMUNITY FOR OVER 20 YEARS. WE PROVIDE STUDENTS OF ALL AGES A WARM, DISCIPLINED, AND NON-COMPETITIVE ENVIRONMENT IN WHICH TO DEVELOP THEIR MUSICAL ARTISTRY. WE OFFER PRIVATE LESSONS IN VIOLIN, VIOLA, CELLO, PIANO, VOICE, FLUTE, FIDDLE, GUITAR, MANDOLIN, UKULELE, AND BANJO. BECAUSE THE SCHOOL WAS FOUNDED ON A COMBINATION OF THE PHILOSOPHY OF CREATIVE ABILITY DEVELOPMENT AND THE SUZUKI METHOD, WE STRONGLY BELIEVE GROUP CLASSES ARE CRUCIAL TO THE GROWTH OF MUSICAL ARTISTRY. ANY DAY OF THE WEEK STUDENTS HAVE ACCESS TO MANY CLASSES. (CONTINUED ON SCHEDULE O)CAD IMPROVISATION CLASSES, SUZUKI REPERTOIRE CLASSES, ORCHESTRA, FIDDLE, BLUEGRASS BANDS, MUSIC THEORY AND COMPOSITION, CHORUS, OPERA AND MUSICAL THEATER SCENES, AND PIANO DUETS ARE ALL AVAILABLE TO OUR STUDENTS. THESE CLASSES NOT ONLY HELP TO DEVELOP THEIR MUSICAL TALENT, BUT ALSO TO DEVELOP SOCIAL SKILLS THAT WILL AID THEM IN LIFE. WE OFFER OUR GROUP CLASSES AT NO ADDITIONAL CHARGE TO PRIVATE LESSON TUITION SO THAT EVERY STUDENT HAS THE SAME ACCESS TO THESE IMPORTANT OPPORTUNITIES.THE KANACK SCHOOL OF MUSICAL ARTISTRY ALSO OFFERS A WIDE RANGE OF SUMMER CAMPS INCLUDING TRADITIONAL ORCHESTRAL AND CHAMBER MUSIC, MUSICAL THEATER, ADULT CHAMBER MUSIC, AND FIDDLE. THE KANACK SCHOOL OF MUSICAL ARTISTRY ALSO HAS AN OPEN-DOOR POLICY FOR TEACHERS FROM AROUND THE WORLD SEEKING TO LEARN MORE ABOUT CREATIVE ABILITY DEVELOPMENT. WE ALSO OFFER TEACHER TRAINING SESSIONS LOCALLY AND INTERNATIONALLY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Thurston Chair | OfficerTrustee | 0.7 | $0 |
Alice Kanack Vice Chair/executive Director | OfficerTrustee | 40 | $73,090 |
Andrew Barnhart Artistic Director | OfficerTrustee | 40 | $56,158 |
Scarlett Miles Marketing | Trustee | 0.7 | $0 |
Teryle Watson Faculty Representative | Trustee | 0.7 | $0 |
Michele Bitler Faculty Representative (through 09/2022) | Trustee | 0.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,266 |
| Related organizations | $0 |
| Government grants | $17,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,356 |
| Total Program Service Revenue | $341,509 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,133 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $468,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,753 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $136,018 |
| Compensation of current officers, directors, key employees. | $23,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,476 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,823 |
| Advertising and promotion | $6,477 |
| Office expenses | $4,845 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,804 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,128 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,488 |
| Insurance | $9,821 |
| All other expenses | $10,134 |
| Total functional expenses | $417,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,131 |
| Savings and temporary cash investments | $314,269 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,738 |
| 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 | $713,081 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,096,219 |
| Accounts payable and accrued expenses | $1,277 |
| 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 | $150,000 |
| Secured mortgages and notes payable | $197,662 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,537 |
| Total liabilities | $369,476 |
| Net assets without donor restrictions | $418,916 |
| Net assets with donor restrictions | $307,827 |
| 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 | $1,096,219 |