Detroit Creativity Project

Analysis

Detroit Creativity Project is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Detroit Creativity Project reported income of $198k and spending of $273k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $335k to $198k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Detroit Creativity Project sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Jasmine Rhose Foundation Inc ($198k), The Pontotoc County Peak Inc ($198k) and Flickinger Weidner Foundation for the Benefit of the Flickinger ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $132k. At year end it held assets of $89k against liabilities of $2,629, net assets of $86k. It reported 14 employees.