Creative Action Institute Inc

Analysis

Creative Action Institute Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in February 2006, 20 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 Action Institute Inc reported income of $802k and spending of $808k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $465k to $802k (+73%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 73% 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 Action Institute Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Arts Impact Incorporated ($802k), Sixty Inches From Center ($803k) and The House of Songs ($802k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $107k (13% of expenses). Other salaries and wages came to $240k. At year end it held assets of $1.4m against liabilities of $9,180, net assets of $1.4m. It reported 5 employees.