Creative Nonfiction Foundation

Analysis

Creative Nonfiction Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1994, 32 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 June 2023, Creative Nonfiction Foundation reported income of $302k and spending of $441k, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $754k to $302k (-60%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 104% 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 Nonfiction Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Historic Elkhart River Queen Inc ($302k), Natureworks Inc ($303k) and Colonial Theatre School Inc ($302k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $59k (13% of expenses). Other salaries and wages came to $61k. At year end it held assets of $316k against liabilities of $96k, net assets of $220k. It reported 7 employees.