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Arts, Culture, Humanities : Performing Arts

Creative Capital Foundation

Investing in artists who shape the future

four stars

90.29

15 Maiden Lane 18th Floor
New York, NY 10038
tel: (212) 598-9900   Web Site
EIN: 31-1605982

Board Leadership
Stephen Reily
Chair

CEO
Suzy Delvalle
President, Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.29 four stars
  Financial 86.87 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Creative Capital supports innovative and adventurous artists across the country through funding, counsel and career development services. Our pioneering venture philanthropy approach helps artists working in all creative disciplines realize their visions and build sustainable practices. Creative Capital provides each funded project with up to $50,000 in direct funding and career development services valued at $45,000, for a total commitment of up to $95,000 per project. Since 1999, we have committed $40 million in financial and advisory support to 511 projects representing 642 artists, and our Professional Development Program has reached nearly 15,000 artists in over 700 communities.

Creative Capital supports innovative and adventurous artists across the country through funding, counsel and career development services. Our pioneering venture philanthropy approach helps artists working in all creative disciplines realize their visions and build sustainable practices. Creative Capital provides each funded project with up to $50,000 in direct funding and career development services valued at $45,000, for a total commitment of up to $95,000 per project. Since 1999, we have committed $40 million in financial and advisory support to 511 projects representing 642 artists, and our Professional Development Program has reached nearly 15,000 artists in over 700 communities.

Impact Information

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Financial

three stars

86.87

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.8%
  Administrative Expenses 9.0%
  Fundraising Expenses 8.0%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 1.17
  Program Expenses Growth -18.3%
  Liabilities to Assets 6.0%
All data for Financial Performance Metrics calculations was provided by Creative Capital Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Creative Capital Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Creative Capital Foundation (NY) 90.29 four stars
The NOCCA Institute (LA) 92.00 four stars
New Music USA (NY) 85.39 three stars
Herbie Hancock Institute of Jazz (DC) 91.45 four stars
The Actors Fund (NY) 94.28 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,038,568
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $21,500
   Related Organizations $0
   Government Grants $63,010
Total Contributions $4,123,078
   Program Service Revenue $334,043
Total Primary Revenue $4,457,121
   Other Revenue $139,406
TOTAL REVENUE $4,596,527
   
EXPENSES  
   Program Expenses $3,690,551
   Administrative Expenses $875,050
   Fundraising Expenses $535,233
TOTAL FUNCTIONAL EXPENSES $5,100,834
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-504,307
   
Net Assets $8,562,583

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Creative Capital Foundation has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 90.29 four stars
2017-06 11/01/2018 92.38 four stars
2016-06 02/01/2018 96.28 four stars
2015-06 08/01/2017 95.70 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1605982
Name in IRS Master File CREATIVE CAPITAL FOUNDATION
NTEE Code P20
NTEE Classification Human Service Organizations - Multipurpose
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(561) Gifts or grants to individuals (other than scholarships)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1998
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$222,591 4.36% Susan R. Delvalle President, Executive Director
Other Salaries of Note
$210,071 4.11% Ruby Lerner Former Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Creative Capital Foundation (NY) 90.29 four stars
America-Israel Cultural Foundation (NY) 86.64 three stars
Montalvo Arts Center (CA) 92.01 four stars
The Lark (NY) 88.13 three stars
Young Concert Artists (NY) 86.61 three stars

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Charity Contact Info

Creative Capital Foundation
15 Maiden Lane
18th Floor
New York, NY 10038
tel: (212) 598-9900
fax: (212) 598-4934
EIN: 31-1605982

Visit Web Site

Board Leadership

Stephen Reily
Chair

CEO

Suzy Delvalle
President, Executive Director

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