Creative Commons Corporation

Analysis

Creative Commons Corporation is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Commons Corporation reported income of $4.9m and spending of $4.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.9m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 945%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Commons Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include New Jersey Civic Information Consortium ($4.9m), Montlake Futures Fund ($4.9m) and Emergent Order Foundation Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $706k (15% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $11.0m against liabilities of $335k, net assets of $10.6m. It reported 16 employees.