Creative Arts Team Inc
- Assets
- $4.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2003
- Data as of
- 06/2022
- EIN
- 26-0073627
Organization Overview
Creative Arts Team Inc is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creative Arts Team 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 06/2022, Creative Arts Team Inc generated $46.7k 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 (9.3%) each year. All expenses for the organization totaled $69.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
USE OF THEATRE AND INTERACTIVE DRAMA AS A CATALYST FOR SOCIAL CHANGE, PROMOTING THE GROWTH AND WELL-BEING OF YOUNG PEOPLE, TEACHERS, AND PARENTS, INCLUDING YOUTH THEATRE, BULLYING AND ANTI-VIOLENCE PREVENTION IN SCHOOLS, NYC STUDENT SHAKESPEARE FESTIVAL, AIDS/HIV PREVENTION, LITERACY SUPPORT. ESTIMATE 11,000 BENEFITTED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Aiello President | 0.2 | $0 | |
David Jones Treasurer | 0.2 | $0 | |
Jack Lusk Secretary | 0.2 | $0 | |
Jeanne Houck Executive Director | 1.5 | $0 | |
Nancy Clarke Finance Director | 1 | $2,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,848 |
| Total Program Service Revenue | $5,806 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $64 |
| Total Revenue | $46,718 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $28,287 |
| Occupancy, rent, utilities, and maintenance | $4,317 |
| Printing, publications, postage, and shipping | $1,353 |
| Other expenses | $35,200 |
| Total expenses | $69,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,068 |
| Other assets | $0 |
| Total assets | $4,212 |
| Total liabilities | $20,432 |
| Net assets or fund balances | -$16,220 |