Creative Ladder
- Assets
- $1.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- Data as of
- 06/2023
- EIN
- 86-3255346
Organization Overview
Creative Ladder is located in Washington, DC. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Creative Ladder employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Ladder 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 06/2023, Creative Ladder generated $2.3m in total revenue. All expenses for the organization totaled $1.0m during the year ending 06/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATIVE LADDER'S PRIMARY EXEMPT PURPOSE IS TO MAKE CREATIVE CAREERS ACCESSIBLE TO ALL. THE ORGANIZATION HELPS STUDENTS AND YOUNG PROFESSIONALS FROM ALL BACKGROUNDS TO LEARN ABOUT CREATIVE CAREERS AND OFFERS LEADERSHIP TRAINING AND MENTORSHIP OPPORTUNITIES AMONG OTHER PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS AND WORKSHOPSTHROUGH BOTH IN-PERSON EVENTS AND VIRTUAL OPPORTUNITIES OPEN TO ALL, THE CREATIVE LADDER CONNECTS EMERGING PROFESSIONALS - ESPECIALLY THOSE FROM UNDERREPRESENTED BACKGROUNDS - WITH INSPIRING CREATIVE LEADERS VIA INTENTIONAL PROGRAMMING ON TOPICS SUCH AS CREATIVE INDUSTRY SKILLS, FINANCIAL LITERACY, AND WELLBEING. THE ORGANIZATION'S SEMINARS AND WORKSHOPS RECEIVED DONATED SERVICES FOR GUEST SPEAKER FEES TOTALING $5,900 WHICH IS NOT REFLECTED IN THE FINANCIAL STATEMENTS FOR THE FORM 990.LEADERSHIP DEVELOPMENTTHE CREATIVE LADDER'S FULLY VIRTUAL LEADERSHIP ACADEMY PROVIDES MONTHS OF IMMENSELY VALUABLE LESSON PLANS, INTERACTIVE DISCUSSIONS, AND ACCESS TO INDUSTRY EXPERTS FOR RISING CREATIVE PROFESSIONALS WHO ASPIRE TO BE LEADERS IN THEIR INDUSTRIES.STUDENT OUTREACH75% OF CREATIVE PROFESSIONALS-AND 78% OF NONWHITE CREATIVE PROFESSIONALS-SAY THEY DIDN'T KNOW THEIR CURRENT CAREERS EXISTED WHEN THEY GRADUATED HIGH SCHOOL. OUR CREATIVE CAREER INSIGHTS PROGRAM HELPS CLOSE THIS AWARENESS GAP BY VISITING HIGH SCHOOLS AND COLLEGES TO SHARE VALUABLE, EXCITING INFORMATION ABOUT CAREERS IN CREATIVE FIELDS.PEER AND DIVERSITY NETWORKSWE CREATE OPPORTUNITIES FOR RISING LEADERS TO LEARN AND FORM PROFESSIONAL CONNECTIONS WITH CREATIVE LADDER SUPPORTERS AT JOINT EVENTS AND ACTIVATIONS.THE ORGANIZATION RECEIVED SIGNIFICANT STRATEGIC OPERATIONS DONATED SERVICES THAT SUPPORTED THE DEVELOPMENT OF ALL OF THE ORGANIZATION'S PROGRAMS. TOTAL VALUE OF THESE SERVICES IS $1,073,677 WHICH IS NOT REFLECTED IN THE FINANCIAL STATEMENTS OF THE FORM 990.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Orchid Bertelsen Board Chair | OfficerTrustee | 2 | $0 |
Thas Naseemuddeen Secretary | OfficerTrustee | 2 | $0 |
Carmen Rodriguez Director | Trustee | 2 | $0 |
Claude Silver Director | Trustee | 2 | $0 |
Colleen Decourcy Director | Trustee | 2 | $0 |
Danny Robinson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,297,882 |
| Noncash contributions included in lines 1a–1f | $310,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,297,882 |
| Total Program Service Revenue | $0 |
| Investment income | $22,524 |
| 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 | $2,320,406 |
| 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. | $330,228 |
| Compensation of current officers, directors, key employees. | $123,368 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,154 |
| Pension plan accruals and contributions | $10,166 |
| Other employee benefits | $55,446 |
| Payroll taxes | $34,877 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,546 |
| Fees for services: Accounting | $66,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $258 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,057 |
| Advertising and promotion | $11,105 |
| Office expenses | $4,527 |
| Information technology | $21,937 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $46,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $172,520 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,313 |
| Insurance | $1,712 |
| All other expenses | $0 |
| Total functional expenses | $1,019,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,917 |
| Savings and temporary cash investments | $1,049,451 |
| Pledges and grants receivable | $26,000 |
| 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 | $15,982 |
| Net Land, buildings, and equipment | $4,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $284,167 |
| Other assets | $0 |
| Total assets | $1,494,721 |
| Accounts payable and accrued expenses | $44,376 |
| 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 | $0 |
| Total liabilities | $44,376 |
| Net assets without donor restrictions | $1,390,345 |
| Net assets with donor restrictions | $60,000 |
| 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 | $1,494,721 |