College For Creative Studies

Organization Overview

College For Creative Studies is located in Detroit, MI. The organization was established in 1957. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, College For Creative Studies employed 1,024 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College For Creative Studies 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 06/2020, College For Creative Studies generated $81.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $84.9m during the year ending 06/2020. While expenses have increased by 3.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE COLLEGE FOR CREATIVE STUDIES IS A PRIVATE COLLEGE OFFERING A BACHELOR OF FINE ARTS DEGREE IN 13 DIFFERENT MAJORS AND MASTER OF FINE ARTS DEGREES IN FOUR MAJORS. CCS IS AN ACCREDITED INSTITUTIONAL MEMBER OF THE NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION. THE COLLEGE ENROLLED 1,400 STUDENTS IN DEGREE SEEKING PROGRAMS. THE COLLEGE ALSO OFFERS NON-CREDIT COURSES IN THE VISUAL ARTS THROUGH ITS CONTINUING EDUCATION PROGRAMS AND ANNUALLY PROVIDES OVER 3,000 DETROIT YOUTH WITH ART AND DESIGN EDUCATION THROUGH PARTNERSHIP PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLEGE LEVEL ENVIRONMENT IN ART AND DESIGN. AVERAGE ENROLLMENT WAS 1380 IN DEGREE SEEKING PROGRAMS AND 112 IN CONTINUING EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Universal Security Services
Security Services
$1,525,080
Continental Cafe Llc
Food Service
$1,248,082
Albert M Higley Llc
Construction Services
$2,686,114
Dell Marketing Lp
Computer Equipment
$776,978
Foremost Communications
Print And Distribution Services
$623,327
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$13,608,261
Investment income $426,812
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,492,022
Net Gain/Loss on Asset Sales -$349,093
Net Income from Fundraising Events -$243,327
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $220,563
Miscellaneous Revenue$0
Total Revenue $81,212,922

Grants Recieved

Over the last fiscal year, we have identified 45 grants that College For Creative Studies has recieved totaling $8,700,768.

Awarding OrganizationAmount
Edward C And Linda Dresner Levy Foundation

Reston, VA

PURPOSE: FOR THE "LINDA DRESNER ENDOWED CHAIR OF FASHION DESIGN"

$2,000,000
Kresge Foundation

Troy, MI

PURPOSE: TO CONTRIBUTE TO THE VIBRANCY OF DETROIT COMMUNITIES BY PROVIDING CRITICAL SUPPORT TO INDIVIDUAL ARTISTS IN THE TRI-COUNTY REGION.

$1,823,000
Kresge Foundation

Troy, MI

PURPOSE: TO CONTRIBUTE TO THE VIBRANCY OF DETROIT COMMUNITIES BY PROVIDING CRITICAL SUPPORT TO INDIVIDUAL ARTISTS IN THE TRI-COUNTY REGION.

$1,625,000
Benson & Edith Ford Fund

Detroit, MI

PURPOSE: PROGRAM SERVICES

$600,000
Kresge Foundation

Troy, MI

PURPOSE: TO PROVIDE GENERAL OPERATING FUNDS FOR DESIGN CORE DETROIT IN SUPPORT OF ITS MISSION TO POSITION DETROIT AS A GLOBAL SOURCE OF CREATIVE TALENT AND TO STRENGTHEN AND PROMOTE DETROIT'S DESIGN-DRIVEN BUSINESSES.

$250,000
Kresge Foundation

Troy, MI

PURPOSE: TO PROVIDE GENERAL OPERATING FUNDS FOR DESIGN CORE DETROIT IN SUPPORT OF ITS MISSION TO POSITION DETROIT AS A GLOBAL SOURCE OF CREATIVE TALENT AND TO STRENGTHEN AND PROMOTE DETROIT'S DESIGN-DRIVEN BUSINESSES.

$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$76,285,464
Earnings$33,045,172
Net Contributions$232,947
Other Expense$4,391,440
Grants$178,091
Ending Balance$104,994,052

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$305,531,376
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$275,909,448
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$212,201,058
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$170,125,801
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$287,422,849
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$168,516,078
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$184,916,713
Hope College
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$161,551,169
Ohio Northern University
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$166,164,613
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Cedarville, OH
$182,725,706
Kenyon College
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$159,022,032
Marian University
Indianapolis, IN
$176,218,802

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