Creative Arts Alliance

Analysis

Creative Arts Alliance is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Creative Arts Alliance reported income of $347k and spending of $469k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $347k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Creative Arts Alliance sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Storyknife Writers Retreat ($347k), Christ in the Arts of West Texas Inc ($347k) and Artspace Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $121k (26% of expenses). At year end it held assets of $60k against liabilities of $0, net assets of $60k. It reported 4 employees.