Creative City Project Inc

Analysis

Creative City Project Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 2014, 12 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 City Project Inc reported income of $1.6m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 98% 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 City Project Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Clear Space Theatre Company ($1.6m), Performing Arts Workshop Inc ($1.6m) and Church Street School for Music and Art ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $165k (12% of expenses). Other salaries and wages came to $9,349. At year end it held assets of $766k against liabilities of $609k, net assets of $157k. It reported 2 employees.