Creativefuture Inc

Organization Overview

Creativefuture Inc is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2021, Creativefuture Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creativefuture Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Creativefuture Inc generated $2.3m 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 (7.1%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Creativefuture Inc has awarded 17 individual grants totaling $214,636. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREATIVEFUTURE PROMOTES THE VALUE OF EXPANDED DIGITAL ACCESS TO LEGITIMATE CONTENT, AND THE FUNDAMENTAL RIGHT OF CREATIVES TO DETERMINE HOW THEIR WORKS ARE DISTRIBUTED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
New Partners Consulting Inc
Social Media Manage.
$130,000
One Grain Of Rice Productions Llc
Messaging & Comms
$115,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,250,000
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,250,000

Grants Awarded

Over the last fiscal year, Creativefuture Inc has awarded $27,124 in support to 2 organizations.

Grant RecipientAmount

THE WRAP NEWS INC

PURPOSE: Event Sponsorship

$15,000

SLAMDANCE INC

PURPOSE: Festival Sponsorship

$12,124
View Grant Profile

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