Creative Time Inc
Creative Time Inc. shows fluctuating revenues but consistent asset growth and zero reported officer compensation over the past decade.
EIN: 132835847 · New York, NY · NTEE: A200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $3.1M |
| Program Spending | 80% |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is Creative Time Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creative Time Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Creative Time Inc
Creative Time Inc (EIN: 132835847) is a nonprofit organization based in New York, NY, classified under NTEE code A200. The organization reported total revenue of $2.9M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Time Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Time Inc is a mid-size nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$835K |
| Total Assets | $4.4M |
| Total Liabilities | $115K |
| Net Assets | $4.3M |
| Operating Margin | 21.3% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Creative Time Inc reported a surplus of $835K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Creative Time Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.2% | -39.4% | +9.5% |
| 2022 | +113.8% | +73.8% | +117.6% |
| 2021 | +69.9% | +76.1% | +18.3% |
| 2020 | +11.6% | -14.2% | +19.2% |
| 2019 | -15.0% | -18.1% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Creative Time Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Creative Time Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $835K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Creative Time Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is a highly positive indicator for a nonprofit, suggesting a strong commitment to directing resources towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Creative Time Inc's IRS 990 filings:
- Significant year-over-year revenue and expense fluctuations, indicating potential funding instability or project-based operational model.
Strengths
The following positive indicators were identified for Creative Time Inc:
- 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).
Frequently Asked Questions about Creative Time Inc
Is Creative Time Inc a legitimate charity?
Creative Time Inc (EIN: 132835847) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Creative Time Inc spend its money?
Creative Time Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Creative Time Inc tax-deductible?
Creative Time Inc is registered as a tax-exempt nonprofit (EIN: 132835847). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Creative Time Inc's spending goes to programs?
Creative Time Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Creative Time Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Creative Time Inc is above average for NTEE category A200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Creative Time Inc located?
Creative Time Inc is headquartered in New York, New York and files with the IRS under EIN 132835847. It is classified under NTEE code A200.
How many years of IRS 990 filings does Creative Time Inc have?
Creative Time Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
What caused the significant revenue fluctuation from $6.77M in 2022 to $3.91M in 2023?
The provided data does not specify the reasons for these fluctuations, but such large changes could be due to project-based funding cycles, major grants, or specific fundraising campaigns that vary year-to-year.
How does Creative Time Inc. manage to operate with 0% reported officer compensation?
This could mean that executive roles are filled by volunteers, or that compensation for these roles is categorized differently within the expense structure, such as under general salaries, rather than explicitly as 'officer compensation' on the 990 form. Further detail from the full 990 would be needed to clarify.
What is the organization's strategy for maintaining financial stability given the variable revenue streams?
While not explicitly stated, the consistent growth in assets, from $3.07M in 2014 to $4.37M in 2023, suggests effective asset management and potentially a strategy of building reserves to buffer against revenue volatility.
Filing History
IRS 990 filing history for Creative Time Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Creative Time Inc's revenue has grown by 208.5%, moving from $1.3M to $3.9M. Total assets increased by 56.4% over the same period, from $2.8M to $4.4M. Total functional expenses rose by 167.4%, from $1.2M to $3.1M. In its most recent filing year (2023), Creative Time Inc reported a surplus of $835K, with revenue exceeding expenses. The organization holds $115K in liabilities against $4.4M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.1M | $4.4M | $115K | — | — |
| 2022 | $6.8M | $5.1M | $4.0M | $574K | — | View 990 |
| 2021 | $3.2M | $2.9M | $1.8M | $62K | — | View 990 |
| 2020 | $1.9M | $1.7M | $1.6M | $51K | — | View 990 |
| 2019 | $1.7M | $1.9M | $1.3M | $25K | — | View 990 |
| 2018 | $2.0M | $2.4M | $1.6M | $55K | — | View 990 |
| 2017 | $2.1M | $2.9M | $2.0M | $49K | — | View 990 |
| 2016 | $3.8M | $3.6M | $2.8M | $80K | — | View 990 |
| 2015 | $4.0M | $4.2M | $2.7M | $193K | — | View 990 |
| 2014 | $5.1M | $4.4M | $3.1M | $366K | — | View 990 |
| 2013 | $3.4M | $3.3M | $3.0M | $974K | — | View 990 |
| 2012 | $3.0M | $3.4M | $2.4M | $224K | — | View 990 |
| 2011 | $3.1M | $3.0M | $2.7M | $200K | — | View 990 |
| 2010 | $1.3M | $1.2M | $2.8M | $254K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.1M, and assets of $4.4M (revenue -42.2% year-over-year).
- 2022: Revenue of $6.8M, expenses of $5.1M, and assets of $4.0M (revenue +113.8% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.9M, and assets of $1.8M (revenue +69.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $1.6M (revenue +11.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.9M, and assets of $1.3M (revenue -15.0% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.4M, and assets of $1.6M (revenue -5.3% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.9M, and assets of $2.0M (revenue -45.9% year-over-year).
- 2016: Revenue of $3.8M, expenses of $3.6M, and assets of $2.8M (revenue -3.6% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.2M, and assets of $2.7M (revenue -22.3% year-over-year).
- 2014: Revenue of $5.1M, expenses of $4.4M, and assets of $3.1M (revenue +51.8% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.3M, and assets of $3.0M (revenue +10.6% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.4M, and assets of $2.4M (revenue -0.6% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.0M, and assets of $2.7M (revenue +141.4% year-over-year).
- 2010: Revenue of $1.3M, expenses of $1.2M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Time Inc:
Data Sources and Methodology
This transparency report for Creative Time Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.