Create Arts Center Inc
- Assets
- $432.6k
- Revenue
- $398.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Silver Spring, MD
- Founding
- 06/1988
- Data as of
- 06/2021
- EIN
- 52-1489164
Organization Overview
Create Arts Center Inc is located in Silver Spring, MD. The organization was established in 1988. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Create Arts Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Create Arts Center 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 06/2021, Create Arts Center Inc generated $398.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $365.0k during the year ending 06/2021. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPARK CREATIVITY, FOSTER LEARNING, EMPOWER INDIVIDUALS, AND FACILITATE COMMUNITY CONNECTIONS THROUGH THE VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART EDUCATION AND ART THERAPY PROGRAMS FOR CHILDREN, ADOLESCENTS AND ADULTS
ART EDUCATION AND ART THERAPY PROGRAMS FOR CHILDREN, ADOLESCENTS AND ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Marson Cox Executive Di | Officer | 40 | $57,200 |
Ilana Hofberg Treasurer & | OfficerTrustee | 3 | $0 |
Abena Tate President & | OfficerTrustee | 3 | $0 |
Nancy Bateman Secretary & | OfficerTrustee | 2 | $0 |
Armand Peterson Former Direc | Trustee | 1 | $0 |
Cassandra Mckee Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $203,980 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,535 |
| Total Program Service Revenue | $136,809 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $398,733 |
| 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. | $60,100 |
| Compensation of current officers, directors, key employees. | $12,020 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,235 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,848 |
| Advertising and promotion | $1,963 |
| Office expenses | $8,400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,499 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,470 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,295 |
| Insurance | $7,068 |
| All other expenses | $1,147 |
| Total functional expenses | $365,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $406,314 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,235 |
| 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 | $7,689 |
| Net Land, buildings, and equipment | $11,320 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $432,558 |
| Accounts payable and accrued expenses | $17,879 |
| Grants payable | $0 |
| Deferred revenue | $87,071 |
| 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 | $209,027 |
| Other liabilities | $13,886 |
| Total liabilities | $327,863 |
| Net assets without donor restrictions | $90,962 |
| Net assets with donor restrictions | $13,733 |
| 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 | $432,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Create Arts Center Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Shirley Brownrigg Charitable Tr Uw Fbo Shirley Brownrigg Williamstown, MA PURPOSE: CHARITABLE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Arts For Learning Maryland Inc Baltimore, MD | $6,641,105 | $9,137,823 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Baltimore School For The Arts Fdn Inc Baltimore, MD | $22,453,780 | $3,552,392 |
The Metropolitan Center For The Visual Arts Inc Rockville, MD | $1,589,727 | $2,983,675 |
International Public Management Association For Human Resources Alexandria, VA | $3,795,401 | $2,711,747 |
Caring Communities For Aids Wilkes Barre, PA | $1,533,545 | $2,739,121 |
Samuel S Fleisher Art Memorial Inc Philadelphia, PA | $22,590,929 | $2,413,309 |
Philadelphia Arts In Education Partnership Philadelphia, PA | $1,201,357 | $1,737,170 |
Yocum Institute For Arts Education Inc West Lawn, PA | $15,531,722 | $1,674,179 |
Theatre Lab Washington, DC | $1,317,349 | $1,528,317 |
Wide Angle Youth Media Inc Baltimore, MD | $2,050,575 | $2,195,413 |