Creative Time Inc

Organization Overview

Creative Time Inc is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Creative Time Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Time Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Creative Time Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREATIVE TIME COMMISSIONS, PRODUCES AND PRESENTS TEMPORARY PUBLIC ARTS PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Justine Ludwig
Executive Director
$200,446
Jon Neidich
Chair
$0
Francesca Campbell
Treasurer
$0
Eric Richter
Director
$0
Stephen Kramarsky
Director
$0
Victoria Rogers
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$12,150
Fundraising events$0
Related organizations$0
Government grants $363,725
All other contributions, gifts, grants, and similar amounts not included above$2,628,269
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,004,144
Total Program Service Revenue$0
Investment income $7,790
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,080
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $31,043
Miscellaneous Revenue$0
Total Revenue $3,167,795

Grants Recieved

Over the last fiscal year, we have identified 35 grants that Creative Time Inc has recieved totaling $1,656,082.

Awarding OrganizationAmount
Ford Foundation

New York, NY

PURPOSE: CORE SUPPORT OF WHEN WE GATHER FOR A DANCE AND SPOKEN WORD FILM PRODUCTION TO PROMOTE UNITY, INSPIRED BY VICE-PRESIDENT ELECT KAMALA HARRIS, AND PRODUCED BY AN ALL-FEMALE TEAM OF PREEMINENT VISUAL AND PERFORMANCE ARTISTS

$300,000
Foundation To Promote Open Society

New York, NY

PURPOSE: TO PROVIDE GENERAL SUPPORT

$200,000
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$150,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: ARTS

$100,000
Thomas R Schiff Foundation

Cincinnati, OH

PURPOSE: SPECIAL EXHIBITION TO OCCUR IN 2023

$100,000
Tides Foundation

San Francisco, CA

PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$411,997
Net Contributions$975,000
Other Expense$711,363
Ending Balance$675,634

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