Creative Hub Worcester
Nonprofit profile at a glance
- EIN
- 812613929
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019, Form 990-N 2017
- Location
- Worcester, MA, USA
- Phone
- 9782731422
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,470,321
- Expenses
- $838,852
- Assets
- $6,158,307
- Liabilities
- $2,558,257
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- LAURA MAROTTA (EXECUTIVE DIRECTOR)
- STACY LORD (PRESIDENT)
Highest reported compensation
- LAURA MAROTTA (EXECUTIVE DIRECTOR): $107,027 total reported compensation
- STACY LORD (PRESIDENT): $20,672 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to support our local community through providing accessible arts programs, community outreach, culturally focused events, and offering a safe and welcoming space and platform for other arts and community-oriented organizations to grow and sustain their programming.
What it reported doing in 2024
The organization's after school program ran remote learning and summer programming for the first time in 2020. Served over 50 children total; majority dcf children and single-parent households. Hired 2 new part-time staff and a program administrator
Operating model
- Revenue model
- Grant-funded. 86% of the money available for current operations came from government grants.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. 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: 38
- Transparency & Controls: 92
- Accountability: 74
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.4%; rating input score 26
- Program expense ratio: 45%; rating input score 45
- Fundraising efficiency: $60.37 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 42.9%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 7.34; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 15.2%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 29.2% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 34% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 45.6% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 26.4% of revenue deployed · 45% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $377K in reported program spending
- Leadership: top reported pay $107K · 12 people listed
- Highest-paid contractors: 2 contractors listed · $1M reported
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 3 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 — Financial Efficiency: Mission deployment rate scored 26/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 22/100.