Creative Arts Team Inc

Nonprofit profile at a glance

EIN
260073627
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
2126522800
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts Education

Official website

Reported finances

Revenue
$60,559
Expenses
$65,430
Assets
$3,841
Liabilities
$33,173

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Steven Aiello (President)
  • Jeanne Houck (Executive Director)

People named in this filing

  • Steven Aiello (President)
  • David Jones (Treasurer)
  • Jack Lusk (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To use theatre as a catalyst for social change and to promote the growth and well-being of young people, teachers and parents

What it reported doing in 2024

Use of theatre and interactive drama as a catalyst for social change, promoting the growth and well-being of young people, teachers, and parents, including youth theatre, bullying and anti-violence prevention in schools, NYC Student Shakespeare Festival, literacy support. Estimate 11,000 benefitted

Operating model

Revenue model
Donor-supported. 76% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 75.5%; rating input score 76

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -8%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 8.64; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -9.5% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: -8.1% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -16.3% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 75.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.