Creative Minds Mt Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

3 people listed

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

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Support and Promote Local Arts, Music and Cultural Events

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for affiliated organizations.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 81.8%; rating input score 82; 1st percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail

Operating margin: -15.9%; rating input score 18; 18th percentile among comparable filings
Total-asset coverage ratio: 0.12; rating input score 7; 7th percentile among comparable filings
Liabilities to assets ratio: 0.96; rating input score 6; 6th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Program expense growth: -5.9% per year; rating input score 0; 17th percentile among comparable filings
Revenue growth: 22.9% per year; rating input score 100; 89th percentile among comparable filings
Asset growth: -15.5% per year; rating input score 0; 4th percentile among comparable filings

Where the money goes: 100% of spending went to programs
Governance: 0 of 3 board members independent · 2 of 7 filing controls reported
Programs: 3 filed program accomplishments
Leadership: top reported pay $0 · 3 people listed
Consistency: 40 of 42 current checks pass · 2 findings to review
Schedules: 3 filed schedules
Filing history: 2 filing years from 2022 to 2023
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.

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

High — Accountability: Independent voting board scored 0/100.
High — Accountability: Governance controls: 5 of 7 not reported.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Operating margin scored 18/100.
High — Sustainability: Total-asset coverage ratio scored 7/100.
High — Growth: Asset growth scored 0/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
Moderate — Transparency & Controls: Schedule D other liabilities reconciliation did not reconcile in the filed values.
High — Sustainability: Liabilities to assets ratio scored 6/100.