Skip to content
Nonprofiteer
← CREATIVE CAPITAL FOUNDATION

Form 990 for tax year 2024

Filed by CREATIVE CAPITAL FOUNDATION.

Totals

Total revenue
$6,733,011
Total expenses
$7,146,546
Contributions and grants received
$6,126,168
Grants paid
$3,379,081
Program service revenue
$23,700
Investment income
$574,120
Other revenue
$9,023
Total assets, end of year
$11,895,542
Total liabilities, end of year
$771,798
Net assets or fund balances, end of year
$11,123,744
Program services expenses (Part IX)
$6,232,319
Management and general expenses
$342,848
Fundraising expenses
$571,379
Program service expenses (Part III)
$6,232,319

Program services were 87.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $37,680

  • 1e · Government grants (contributions)

    $125,238

  • 1f · All other contributions, gifts and grants

    $5,963,250

  • 1g · Noncash contributions included above

    $5,000

  • 2a · Program service revenue: PROGRAM FEES

    total $15,000 · related or exempt $15,000

  • 2b · Program service revenue: CONTRACT INCOME

    total $8,700 · related or exempt $8,700

  • 3 · Investment income

    total $252,294 · excluded $252,294

  • 7a · Gross sales of assets other than inventory

    securities $1,780,169

  • 7b · Less cost or other basis and sales expenses

    securities $1,458,343

  • 7c · Gain or loss

    securities $321,826

  • 7d · Net gain or loss

    total $321,826 · excluded $321,826

  • 8a · Fundraising events: gross income

    $5,376

  • 8a · Fundraising events: contributions included on line 1c

    $37,680

  • 8b · Fundraising events: direct expenses

    $10,000

  • 8c · Net income from fundraising events

    total -$4,624 · excluded -$4,624

  • 11a · Other revenue: MISCELLANEOUS

    total $13,647 · related or exempt $13,647

  • 11e · Other revenue, total

    $13,647

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $183,833 · program services $183,833

  • 2 · Grants to domestic individuals

    total $3,150,248 · program services $3,150,248

  • 3 · Grants to foreign organizations and individuals

    total $45,000 · program services $45,000

  • 5 · Compensation of officers, directors and key employees

    total $586,891 · program services $417,737 · management and general $50,956 · fundraising $118,198

  • 7 · Other salaries and wages

    total $1,087,793 · program services $774,268 · management and general $94,447 · fundraising $219,078

  • 8 · Pension plan contributions

    total $45,274 · program services $32,080 · management and general $3,929 · fundraising $9,265

  • 9 · Other employee benefits

    total $176,098 · program services $124,972 · management and general $15,285 · fundraising $35,841

  • 10 · Payroll taxes

    total $119,000 · program services $84,490 · management and general $10,329 · fundraising $24,181

  • 11b · Fees: legal

    total $26,723 · program services $13,765 · management and general $5,005 · fundraising $7,953

  • 11c · Fees: accounting

    total $31,220 · program services $16,081 · management and general $5,848 · fundraising $9,291

  • 11f · Fees: investment management

    total $36,166 · management and general $36,166

  • 11g · Fees: other

    total $496,967 · program services $417,757 · management and general $58,364 · fundraising $20,846

  • 12 · Advertising and promotion

    total $37,734 · program services $31,893 · management and general $1,887 · fundraising $3,954

  • 13 · Office expenses

    total $90,703 · program services $65,279 · management and general $9,190 · fundraising $16,234

  • 14 · Information technology

    total $115,602 · program services $97,220 · management and general $5,336 · fundraising $13,046

  • 16 · Occupancy

    total $321,034 · program services $275,736 · management and general $13,323 · fundraising $31,975

  • 17 · Travel

    total $87,944 · program services $51,924 · management and general $1,345 · fundraising $34,675

  • 19 · Conferences, conventions and meetings

    total $76,064 · program services $22,266 · management and general $30,119 · fundraising $23,679

  • 22 · Depreciation, depletion and amortization

    total $11,560 · program services $9,634 · management and general $567 · fundraising $1,359

  • 23 · Insurance

    total $15,343 · program services $12,787 · management and general $752 · fundraising $1,804

  • 24a · Other expenses: HONORARIUMS

    total $204,876 · program services $204,876

  • 24b · Other expenses: AWARDEE CONFERENCE

    total $200,473 · program services $200,473

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,094,986 · end of year $2,060,839

  • 3 · Pledges and grants receivable

    beginning of year $2,668,126 · end of year $1,651,632

  • 9 · Prepaid expenses and deferred charges

    beginning of year $129,175 · end of year $141,984

  • 10a · Land, buildings and equipment: cost or other basis

    $547,350

  • 10b · Land, buildings and equipment: accumulated depreciation

    $517,356

  • 10c · Land, buildings and equipment, net

    beginning of year $10,149 · end of year $29,994

  • 11 · Investments: publicly traded securities

    beginning of year $7,213,376 · end of year $7,668,648

  • 15 · Other assets

    beginning of year $577,635 · end of year $342,445

  • 17 · Accounts payable and accrued expenses

    beginning of year $360,299 · end of year $163,014

  • 18 · Grants payable

    beginning of year $376,530 · end of year $256,530

  • 25 · Other liabilities

    beginning of year $633,892 · end of year $352,254

  • 27 · Net assets without donor restrictions

    beginning of year $1,844,675 · end of year $2,158,894

  • 28 · Net assets with donor restrictions

    beginning of year $9,478,051 · end of year $8,964,850

Mission and programs · 2024

Mission

CREATIVE CAPITAL SUPPORTS INDIVIDUAL ARTISTS' PROJECTS THROUGH AWARDS AND CAREER DEVELOPMENT SERVICES.

Activities or mission (Part I)

CREATIVE CAPITAL SUPPORTS INDIVIDUAL ARTISTS' PROJECTS THROUGH AWARDS AND CAREER DEVELOPMENT.

  • IN FY25 CREATIVE CAPITAL FUNDED A NEW COHORT OF 50 AWARDEE PROJECTS. THE ORGANIZATION CONTINUED TO INVEST IN MULTI-YEAR RELATIONSHIPS WITH ARTISTS WHO WERE AWARDEES IN PAST YEARS. CREATIVE CAPITAL CONTINUES TO PROVIDE NON-MONETARY SUPPORT TO AWARDEES IN THE FORM OF CONSULTATIONS AND MEETINGS AT KEY MOMENTS IN THE LIVES OF THE FUNDED PROJECTS BY ASSISTING WITH PLANNING, MARKETING AND DISTRIBUTION. IN FY25, THE ORGANIZATION CONTINUED TO PROVIDE A SKILLS BUILDING PROGRAM FREE OF COST FOR CREATIVE CAPITAL AWARDEES AND NON-AWARDEE ARTISTS. ALSO IN FY25, CREATIVE CAPITAL HOSTED A TWO DAY IN-PERSON COMMUNITY BUILDING EVENT FOR AWARDEES, DONORS AND INDUSTRY CONSULTANTS WITH 338 PARTICIPANTS. THE ARTS WRITERS GRANT PROGRAM MADE 30 NEW GRANTS TO ARTS WRITERS AND CONTINUED WORK ON THEIR PAMPHLET SERIES, "COOKIE JAR."

    Expenses $6,232,319 · Grants $3,379,081 · Revenue $23,700

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Reginald Browne

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Emi Kolawole

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lyda Kuth

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Colleen Jennings- Roggensack

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Edgar Arceneaux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Isa Catto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joseph Melillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joel Wachs

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Paige West

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Raven Chacon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Cheryl Finley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tamar Guttmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Grace Oh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Corey Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristina Wong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Laura Bardier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Timur Galen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gina Gibney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deirdre Guice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tatiana Nikitina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michele Tortorelli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leslie Singer

    CHIEF OPERATING OFFICER

    Total calculated
    $222,341
    From this org
    $192,898
    From related orgs
    $0
    Other
    $29,443
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,898
    Bonus
    $0
    Other
    $0
    Deferred
    $13,527
    Nontaxable benefits
    $15,916
    Filer's total
    $222,341

  • Christine Kuan

    PRESIDENT & EXECUTIVE DIRE

    Total calculated
    $374,472
    From this org
    $335,556
    From related orgs
    $0
    Other
    $38,916
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $335,556
    Bonus
    $0
    Other
    $0
    Deferred
    $23,000
    Nontaxable benefits
    $15,916
    Filer's total
    $374,472

  • Pradeep Dalal

    DIRECTOR OF ARTS WRITERS G

    Total calculated
    $135,339
    From this org
    $126,485
    From related orgs
    $0
    Other
    $8,854
    Hours/week
    28

  • Emily Gerard

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $162,116
    From this org
    $141,400
    From related orgs
    $0
    Other
    $20,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,400
    Bonus
    $0
    Other
    $0
    Deferred
    $4,800
    Nontaxable benefits
    $15,916
    Filer's total
    $162,116

  • Angela Mattox

    DIRECTOR OF ARTISTIC INITI

    Total calculated
    $148,691
    From this org
    $130,375
    From related orgs
    $0
    Other
    $18,316
    Hours/week
    40

  • Jason Bailey

    DIRECTOR OF AUDIENCE ENGAGEMENT

    Total calculated
    $148,216
    From this org
    $132,300
    From related orgs
    $0
    Other
    $15,916
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
4 March 2026
IRS schema version
2024v5.5
Source object
202620639349300117

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.