Createfixate Foundation

Nonprofit profile at a glance

EIN
262431218
IRS 990-EZ coverage
2012–2016
Forms available
Form 990-EZ 2016, Form 990-N 2011
Location
Venice, CA, USA
Phone
3104632399
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$5,963
Expenses
$8,362
Assets
$435
Liabilities
$1,972

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • TED WERTH (BOARD CHAIR)
  • JAMES SLAZAS (VICE CHAIR)
  • HENRY SELF (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Create: fixate is dedicated to supporting emerging artists and bringing together a community where creativity is a catalyst of expression and dialogue. Through festive art exhibits, the organization exposes new talent in a professional environment along with attracting and cultivating a new generation of art lovers. These events attract new art enthusiasts through artist involvement, community outreach, and education programs.goals: enhance artists ability to connect to their audience increase appreciation of art in todays culture increase access to the arts and arts education for teens and at-risk youth develop a community of artists and supporters

What it reported doing in 2016

Create: fixate exhibitsc: f curates large-scale exhibits in site-specific locations all over los angeles. Each exhibit, curated by the artistic director, has an overall theme. These group shows bring together about 40 visual artists, including painters, sculptors, fashion designers, along with installations in sound, multimedia, assemblage, interactive, video and performance. 160 artists exhibit each year with create: fixate, 4,800 patrons attend annuallyyoung creatives programcreate: fixate supports at-risk youths by presenting on-site art residencies at schools and community service organizations, such as a place called home, youth speak collective, green ambassadors, sun valley high school, and venice arts. The residency consists of 6 sessions which are 45 minutes long and serves 60 low-income teenagers (total of 180 for the year), aged 13-18. So far, c: f has worked with 350 students in south central la, sun valley, venice, lawndale, and pacoima.this program serves approximately 160 at-risk youth annually

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -40.2%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 4.53; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -50.5% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -19.3% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -29.7% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2012 to 2016
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.