C R E A T E Community Studios Inc is a 501(c)(3) organization based in Schenectady, New York, registered in 2017, with $510,063 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$510K
▲ 32.1% vs prior year
Expenses (FY2024)
$439K
Net assets
$118K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for C R E A T E Community Studios Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For C R E A T E Community Studios Inc: 3 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for C R E A T E Community Studios Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For C R E A T E Community Studios Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $85K (FY2018) to $510K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
13.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$197K
Total liabilities
$80K
Net assets
$118K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $510,063▲32.1% | $439,205▲23.1% | $117,855▲151% | $197,363▲38.7% | 990 |
| 2023 | $386,213▲43.5% | $356,817▲31.5% | $46,997▲167% | $142,296▲675% | 990 |
| 2022 | $269,060▲63.5% | $271,426▲58.8% | $17,600▼64.8% | $18,361▼67.5% | 990 |
| 2021 | $164,566▲107% | $170,889▲165% | $49,973▼11.2% | $56,484▼6.4% | 990EZ |
| 2020 | $79,653▼27.7% | $64,412▼43.4% | $56,296▲37.1% | $60,342▲33.8% | 990EZ |
| 2019 | $110,095▲28.8% | $113,899▲158% | $41,055▼8.5% | $45,101▼7.8% | 990EZ |
| 2018 | $85,478 | $44,101 | $44,859 | $48,904 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to C R E A T E Community Studios Inc totaling $28K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Skidmore College | Community collaboration | 2023 | $8,000 |
| Skidmore College | Community collaboration | 2021 | $15,000 |
| Skidmore College | Community collaboration | 2020 | $5,000 |
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Data for C R E A T E Community Studios Inc (EIN 82-1094458) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.