Civic Intelligence

Center for Creative Economy

EIN 27-5003133 • 501(c)3 • Winston Salem, NC

Profile

Our mission:to launch, grow, and accelerate creative entrepreneurs and business owners. Our vision for the community:- creatives will seek out and set up businesses in winston-salem- the city is known as an ideal place for creatives to both learn artistic skills and set up creative enterprises- winston-salem is an important hub and market for creative business. Our vision for center for creative economy:-to be known as a premier economic development organization that is building the creative economy and creative community in winston-salem, the triad, north carolina, and the southeast region.

500 W Fifth St STE Suite 800 PMB 12Winston Salem, NC 27101

centerforcreativeeconomy.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.84x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

47th percentile

0.1%

Higher net margin than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-21%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$98,899

Down $5,032 (-4.8%) from 2024

Liabilities

Down

$82,671

Down $5,268 (-6.0%) from 2024

Net Assets

Up

$16,228

Up $236 (+1.5%) from 2024

Operations
Liabilities / Revenue87th percentileNet Margin47th percentile

Revenue

Down

$388,983

Down $2,486 (-0.6%) from 2024

Expenses

Down

$388,747

Down $44,179 (-10%) from 2024

Net Income

Up

$236

Up $41,693 (+101%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2017: $79,019Liabilities 2017: $0Net Assets 2017: $79,0192017Assets 2018: $98,837Liabilities 2018: $0Net Assets 2018: $98,8372018Assets 2019: $105,687Liabilities 2019: $0Net Assets 2019: $105,6872019Assets 2020: $114,308Liabilities 2020: $4,078Net Assets 2020: $110,2302020Assets 2021: $233,130Liabilities 2021: $88,700Net Assets 2021: $144,4302021Assets 2022: $203,616Liabilities 2022: $88,700Net Assets 2022: $114,9162022Assets 2023: $146,370Liabilities 2023: $87,634Net Assets 2023: $58,7362023Assets 2024: $103,931Liabilities 2024: $87,939Net Assets 2024: $15,9922024Assets 2025: $98,899Liabilities 2025: $82,671Net Assets 2025: $16,2282025

Highlighted filing

2025

Assets$98,899
Liabilities$82,671
Net Assets$16,228
Open 2025 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2017: $235,020Expenses 2017: $194,867Net Income 2017: $40,1532017Revenue 2018: $231,394Expenses 2018: $211,576Net Income 2018: $19,8182018Revenue 2019: $249,790Expenses 2019: $242,940Net Income 2019: $6,8502019Revenue 2020: $258,521Expenses 2020: $253,978Net Income 2020: $4,5432020Revenue 2021: $289,523Expenses 2021: $255,323Net Income 2021: $34,2002021Revenue 2022: $249,947Expenses 2022: $279,461Net Income 2022: -$29,5142022Revenue 2023: $255,848Expenses 2023: $312,028Net Income 2023: -$56,1802023Revenue 2024: $391,469Expenses 2024: $432,926Net Income 2024: -$41,4572024Revenue 2025: $388,983Expenses 2025: $388,747Net Income 2025: $2362025

Highlighted filing

2025

Revenue$388,983
Expenses$388,747
Net Income$236
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$98,899
Liabilities
$82,671
Net assets
$16,228
Revenue
$388,983
Expenses
$388,747
Net income
$236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.83$0.16$3.89$3.89$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.88$0.16$3.91$4.33$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.88$0.59$2.56$3.12$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.89$1.15$2.50$2.79$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.89$1.44$2.90$2.55$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.04$1.10$2.59$2.54$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.00$1.06$2.50$2.43$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$2.31$2.12$0.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$2.35$1.95$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 19, 2025
Return Version
2024v5.2
Gross Receipts
$388,983
Mission and Program Overview

Mission

To launch, grow, and accelerate creative entrepreneurs and business owners. Our vision for the community: - creatives will seek out and set up businesses in winston-salem - the city is known as an ideal place for creatives to both learn artistic skills and set up creative enterprises - winston-salem is an important hub and market for creative business. Our vision for center for creative economy: -to be known as a premier economic development organization that is building the creative economy and creative community in winston-salem, the triad, north carolina, and the southeast region.

Since its founding in 2011, The focus of the Center for Creative EconomyCCE has been to provide programming for inception and early-stage businesses to expand their ability to emerge as viable entrepeneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$91,807$86,775▼ $5,032
Other Notes and Loans Receivable, Net$12,124$12,124→ $0
Total Assets$103,931$98,899▼ $5,032
Liabilities
Unsecured Notes Loans Payable$87,939$82,671▼ $5,268
Total Liabilities$87,939$82,671▼ $5,268
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,992$16,228▲ $236
Total Net Assets Fund Balance$15,992$16,228▲ $236
Total Liabilities and Net Assets / Fund Balance$103,931$98,899▼ $5,032
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Michael FulksBoard Member/Chair
Frederick VaughnBoard Member/ Vice Chair
-Board Member
Alexia MitchellBoard Member
Dawn BookerBoard Member
Dawn McGeeBoard Member
Girish RajBoard Member
Hayden HollimanBoard Member
Julia TownsendBoard Member
Shuyi MoBoard Member
Valerie BleezaBoard member
Jay TurnerBoard Member/Secretary
Roberts BassBoard member/Treasurer
Margaret CollinsExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$377,304
Program Service Revenue
$9,357
Investment Income
$2,322
Other Revenue
$0
All Other Contributions
$176,093
Change in Net Assets
$236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$236,390
Other Expenses$152,357
Total Fundraising Expense$57,185
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,259$20,501$51,254$205,014
Payroll Taxes$17,246$5,354$192$22,792
Advertising$12,656$93-$12,749
Travel$10,005$25$25$10,055
Occupancy$4,438$4,437-$8,875
Other Employee Benefits$6,009$1,717$858$8,584
Fees for Services Accounting-$5,787-$5,787
Other Expenses$3,728$1,243$485$4,971
Information Technology$1,415$1,415$1,887$4,717
Insurance$1,923$1,282-$3,205
Office Expenses$311$2,551$157$3,019
Fees for Services Other$1,981--$1,981
All Other Expenses$827$414$138$1,379
Conferences and Meetings$232$185$46$463
Total Functional Expenses$269,415$62,147$57,185$388,747
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The Finance committee of the Board of Directors reviews 990 before filing.”

Form 990, Part VI, Section B, Line 12C

“Board members sign a statement of compliance with the conflict of interest policy upon serving on the Board.”

Form 990, Part VI, Section B, Line 15B

“Board determines and approves compensation.”

Form 990, Part VI, Section C, Line 19

“information is available at CCEs office for review by appointment.”

Filing and Contact Details

Filer

Filer Name
Center for Creative Economy
EIN
27-5003133
In Care Of
% Margaret Collins
Phone
3365801037
Address
500 W Fifth St STE Suite 800 PMB 12, Winston Salem, NC 27101

Signing Officer

Name
Roberts Bass
Title
Treasurer
Phone
3365801037
Signed
2025-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roberts Bass
Formed
2011
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
12
Employees
4

Preparer

Firm
Preston Sims & Darden PA
Address
3410 Healy Drive, Winston Salem, NC 27103
Preparer
Mark T Preston
Phone
3366556300
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IRS990/OccupancyGrp/ManagementAndGeneralAmt04437
IRS990/OccupancyGrp/ProgramServicesAmt04438
IRS990/OccupancyGrp/TotalAmt08875
IRS990/OfficeExpensesGrp/FundraisingAmt0157
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02551
IRS990/OfficeExpensesGrp/ProgramServicesAmt0311
IRS990/OfficeExpensesGrp/TotalAmt03019
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0858
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01717
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06009
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08584
IRS990/OtherExpensesGrp/Desc0General Fundraising
IRS990/OtherExpensesGrp/Desc1Membership Dues
IRS990/OtherExpensesGrp/Desc2Program expense
IRS990/OtherExpensesGrp/Desc3Website Development
IRS990/OtherExpensesGrp/FundraisingAmt02143
IRS990/OtherExpensesGrp/FundraisingAmt1485
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01213
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115930
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21243
IRS990/OtherExpensesGrp/ProgramServicesAmt0728
IRS990/OtherExpensesGrp/ProgramServicesAmt174657
IRS990/OtherExpensesGrp/ProgramServicesAmt23728
IRS990/OtherExpensesGrp/TotalAmt02143
IRS990/OtherExpensesGrp/TotalAmt12426
IRS990/OtherExpensesGrp/TotalAmt290587
IRS990/OtherExpensesGrp/TotalAmt34971
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt051254
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020501
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0133259
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205014
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt012124
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt012124
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt0192
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05354
IRS990/PayrollTaxesGrp/ProgramServicesAmt017246
IRS990/PayrollTaxesGrp/TotalAmt022792
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Roberts Bass
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Program revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09357
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0377397
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02277
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0176512
IRS990/PYProgramServiceRevenueAmt011795
IRS990/PYRevenuesLessExpensesAmt0-41457
IRS990/PYSalariesCompEmpBnftPaidAmt0256414
IRS990/PYTotalExpensesAmt0432926
IRS990/PYTotalRevenueAmt0391469
IRS990/ReconcilationRevenueExpnssAmt0236
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0386580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0377396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0237576
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0257871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0272248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01531671
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02322
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02277
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01439
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01192
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09511
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03952
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0330
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04282
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99110
IRS990ScheduleA/PublicSupportPY170Pct00.83280
IRS990ScheduleA/PublicSupportTotal170Amt01531671
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0386580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0377396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0237576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0257871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0272248
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01531671
IRS990ScheduleA/TotalSupportAmt01545464
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Finance committee of the Board of Directors reviews 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members sign a statement of compliance with the conflict of interest policy upon serving on the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board determines and approves compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3information is available at CCEs office for review by appointment.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0103931
IRS990/TotalAssetsEOYAmt098899
IRS990/TotalAssetsGrp/BOYAmt0103931
IRS990/TotalAssetsGrp/EOYAmt098899
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0377304
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt057185
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062147
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269415
IRS990/TotalFunctionalExpensesGrp/TotalAmt0388747
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt087939
IRS990/TotalLiabilitiesEOYAmt082671
IRS990/TotalLiabilitiesGrp/BOYAmt087939
IRS990/TotalLiabilitiesGrp/EOYAmt082671
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt015992
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016228
IRS990/TotalProgramServiceExpensesAmt0269415
IRS990/TotalProgramServiceRevenueAmt09357
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011679
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0388983
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103931
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt098899
IRS990/TravelGrp/FundraisingAmt025
IRS990/TravelGrp/ManagementAndGeneralAmt025
IRS990/TravelGrp/ProgramServicesAmt010005
IRS990/TravelGrp/TotalAmt010055
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt087939
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt082671
IRS990/UponRequestInd0X

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