Center for Creative Education

Analysis

Center for Creative Education is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in January 1996, 30 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 September 2023, Center for Creative Education reported income of $3.5m and spending of $3.7m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $3.5m (+94%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 74%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Creative Education sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include KSMQ Public Service Media Inc ($3.5m), Music Conservatory of Westchester ($3.5m) and Sciencenter Discovery Museum ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $232k (6.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $15.8m against liabilities of $4.1m, net assets of $11.8m. It reported 62 employees.