Hidden Gem Creative Studios
Nonprofit profile at a glance
- EIN
- 882297487
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Oakland, CA, USA
- Phone
- 2062147496
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Film, Video
Reported finances
- Revenue
- $156,030
- Expenses
- $153,207
- Assets
- $58,844
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Rafael Flores (President & CEO)
- Erica Gomez Maldanado (Vice President)
People named in this filing
- Rafael Flores (President & CEO)
- Bethynia Cardenas (Director)
- Paul Flores (Director)
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
"The Hidden Gem" is a creative studio and shared workspace for experimental artists in the Latino, African-American and Asian communities. Hosting some of Oakland's most promising artists, "The Hidden Gem" hosts private networking events for emerging arts entrepreneurs.
What it reported doing in 2024
The Hidden GEM operated a 12 month career training program for young filmmakers, hosted film festivals/screenings, and employed artists to make social justice cinema for community clients. We also founded student film productions and operated a studio facility where we mentored and advised youth filmmakers.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.7%; rating input score 79
- Program expense ratio: 80.2%; rating input score 80
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: 1.8%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 94.3% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 78.7% of revenue deployed · 80.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $123K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.