Creative Nomads Ltd

Analysis

Creative Nomads Ltd is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Creative Nomads Ltd reported income of $306k and spending of $315k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $306k (+46%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 99% 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 Nomads Ltd sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include McDaniel-Tichenor House Inc ($306k), The Roebling Main Gate Museum ($306k) and The Boston Camerata Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $80k (25% of expenses). At year end it held assets of $21k against liabilities of $5,014, net assets of $16k. It reported 1 employees.