Quick charity verification for Creative Time Inc (EIN: 132835847)
Verdict: Creative Time Inc appears trustworthy
85/100Mission Score
$2.9MRevenue
$3.4MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue and expense fluctuations, indicating potential funding instability or project-based operational model.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive compensation.
Healthy and growing asset base, increasing from $3.07M in 2014 to $4.37M in 2023.
Low liabilities relative to assets, suggesting strong financial solvency.
Consistent positive net income in most recent years (e.g., $834,739 in 2023 and $1,691,416 in 2022).
Spending Breakdown
How Creative Time Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Creative Time Inc
Is Creative Time Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Time Inc (EIN: 132835847) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Creative Time Inc a good charity to donate to?
Creative Time Inc has a Mission Score of 85/100. Revenue: $2.9M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Creative Time Inc?
The Employer Identification Number (EIN) for Creative Time Inc is 132835847. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Creative Time Inc spend its money?
Creative Time Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Creative Time Inc's tax-exempt status?
You can verify Creative Time Inc's tax-exempt status using EIN 132835847 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Creative Time Inc. demonstrates a fluctuating but generally positive financial trajectory over the past decade. While revenue and expenses have varied significantly year-to-year, the organization has consistently maintained a healthy asset base, with assets growing from $3,076,753 in 2014 to $4,373,702 in 2023. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and financial efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The significant year-over-year fluctuations in revenue and expenses, such as the drop from $6,772,610 in revenue in 2022 to $3,916,169 in 2023, warrant further investigation to understand the underlying operational dynamics and funding stability.