Creative Santa Fe

Nonprofit profile at a glance

EIN
202457936
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Santa Fe, NM, USA
Phone
5054659212
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$475,878
Expenses
$443,311
Assets
$104,751
Liabilities
$83,712

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

Leadership & pay

8 people listed

Executive titles in this filing

  • SORAKAMOL ANNETTE PRAPASIRI (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SORAKAMOL ANNETTE PRAPASIRI (EXECUTIVE DIRECTOR): $110,000 total reported compensation
  • MAYO MILLER KING (SECRETARY (JAN-SEP) & FINANCE DIRECTOR): $45,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Creative santa fe's mission is to drive positive change through creativity and collaboration to promote cross-cultural vibrancy and economic vitality.

What it reported doing in 2024

Skill-up - providing tools for successwe are all about a growth mindset to explore new ways of solving problems and skilling up our community. But how does one acquire this mindset? We are partnering with various organizations to bring learning experiences to youths and adults alike. The following programs are two such ways we do so, designed to address peoples' differing attention spans. Beyond profit is a roll-up-your-sleeves series to learn responsible leadership from business and educational experts. Story me is our presentation design and public speaking curriculum designed to foster confidence in emerging creative voices. (see schedule o for continuation)skill-up - providing tools for success* beyond profit - a think+do series for courageous entrepreneurstogether with our partner unm anderson school of management, we are rethinking the role of return on investment (roi) and introducing the idea of return to society (rts) through our beyond profit series - a think+do series focusing on best practices in building responsible enterprises.a responsible entrepreneur raises the bar on how business is done. Effectively solving a social, cultural, and environmental problem while building profitable business is no easy task. Beyond profit series lays the foundation to skilling up entrepreneurs and community leaders (mentors, investors, and policymakers) to support their courageous endeavor. Roll up your sleeves and lean in to hone your rts skills.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 98% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 31
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59%; rating input score 59
  • Program expense ratio: 62.9%; rating input score 63
  • Fundraising efficiency: $4.1 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 6.8%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 35%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -4.4% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 59% of revenue deployed · 62.9% of spending went to programs
  • Governance: 4 of 4 board members independent · 5 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $279K in reported program spending
  • Leadership: top reported pay $110K · 8 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 9 filing years from 2015 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.