Transforming Creatives Inc
- Assets
- $68.6k
- Revenue
- $278.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Denver, CO
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 82-4053553
Organization Overview
Transforming Creatives Inc is located in Denver, CO. The organization was established in 2019. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Transforming Creatives Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transforming Creatives 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 12/2021, Transforming Creatives Inc generated $278.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $260.7k during the year ending 12/2021. 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
THE ORGANIZATION PROVIDES EDUCATIONAL WORKSHOPS AND EVENTS, AS WELL AS SPACE TO CREATE AND WORK FOR ARTISTS, CREATIVE ENTREPRENEURS, AND SMALL NONPROFITS. THIS SUPPORT INFRASTRUCTURE HELPS INDIVIDUALS AND ORGANIZATIONS EXPLORE AND DEVELOP THEIR OWN CREATIVE PATH AND BE SUPPORTED IN THEIR PERSONAL OR PROFESSIONAL ARTS AND CULTURE WORK. IN DOING SO, TRANSFORMING CREATIVES HELPS TO DEEPEN THE SOCIETAL IMPACT OF THE ARTS WHILE FACILITATING ENTREPRENEURIAL GROWTH AND NONPROFIT SUSTAINABILITY IN THE CREATIVE SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE A SUPPORT INFRASTRUCTURE OF CLASSES AND WORKSHOPS, BUSINESS EXPERTISE, MENTORING, COUNSELING, SOUL CARE AND MORE TO HUNDREDS OF LOCAL CREATIVES. OUR CREATIVE INCUBATOR, CONVERGE DENVER, IS HOME TO OVER 50 FILMMAKERS, PHOTOGRAPHERS, VISUAL ARTISTS, DESIGNERS, JOURNALISTS, NONPROFITS, AND OTHER SUPER CREATIVE HUMANS WHO ARE WORKING IN COMMUNITY TO CREATE A MORE JUST, EQUITABLE, AND FLOURISHING SOCIETY. THESE COMMUNITY TENANTS HAVE SHOWN CONSISTENT GROWTH IN BUSINESS, SOCIAL IMPACT, HIRING, OUTREACH, PROGRAM EXPANSION, AND CULTURAL PRODUCTS AND EVENTS CREATED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Maikowski Executive Director | Officer | 50 | $73,000 |
Linda Maikowski Board Treasurer | OfficerTrustee | 50 | $7,000 |
Sam Noyes Board President | OfficerTrustee | 2 | $0 |
Brian Brewington Board Member | Trustee | 2 | $0 |
William Pierson Board Member | Trustee | 2 | $0 |
Gregory Joseph Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,154 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,522 |
| Total Program Service Revenue | $118,545 |
| 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 | $278,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,255 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $73,000 |
| Compensation of current officers, directors, key employees. | $10,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,916 |
| Payroll taxes | $7,816 |
| 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 | $0 |
| Advertising and promotion | $460 |
| Office expenses | $18,743 |
| Information technology | $2,688 |
| Royalties | $0 |
| Occupancy | $108,837 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,706 |
| All other expenses | $0 |
| Total functional expenses | $260,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,979 |
| 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 | $3,600 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $68,579 |
| Accounts payable and accrued expenses | $1,441 |
| 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 | $2,000 |
| Other liabilities | $6,826 |
| Total liabilities | $10,267 |
| Net assets without donor restrictions | $58,312 |
| 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 | $68,579 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Transforming Creatives Inc has recieved totaling $8,057.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $7,982 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oktoberfest Inc Tulsa, OK | $2,688,468 | $7,024,472 |
Colorado Education Initiative Denver, CO | $5,028,811 | $3,690,284 |
Archaeology Southwest Tucson, AZ | $12,685,440 | $3,597,421 |
National Little Britches Rodeo Colorado Springs, CO | $2,643,862 | $2,636,797 |
Latino Community Foundation Of Colorado Inc Denver, CO | $7,867,698 | $2,394,861 |
Flower Hill Institute Jemez Pueblo, NM | $823,224 | $2,237,551 |
Southwestern Association For Indian Arts Inc Santa Fe, NM | $785,210 | $1,802,877 |
Life-Line Denver, CO | $658,638 | $1,555,832 |
Tribal Education Departments National Assembly Co Oklahoma City, OK | $43,006 | $1,157,227 |
Fort Apache Heritage Foundation Inc Fort Apache, AZ | $2,439,706 | $1,250,700 |
Native Renewables Inc Flagstaff, AZ | $1,342,329 | $2,136,177 |
Cihuapactli Collective Phoenix, AZ | $864,626 | $1,497,266 |