Civic Intelligence

Crafty Mart

990EZ • Fiscal year 2021 • EIN 47-1337945

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 20, 2022

526 South Main Street Suite 217Akron, OH 44311

(330) 607-3976

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

53rd percentile

11%

Higher net margin than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$19,200

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

74th percentile

34%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

33rd percentile

-18%

Faster revenue growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$34,670

Up $8,858 (+34%) from 2020

Net Assets

Up

$34,670

Up $8,858 (+34%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$70,240

Down $15,079 (-18%) from 2020

Expenses

Down

$62,498

Down $10,356 (-14%) from 2020

Net Income

Down

$7,742

Down $4,723 (-38%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2019: $17,793Liabilities 2019: $3,776Net Assets 2019: $14,0172019Assets 2020: $25,812Net Assets 2020: $25,8122020Assets 2021: $34,670Net Assets 2021: $34,6702021Assets 2022: $49,024Net Assets 2022: $49,0242022Assets 2023: $16,454Net Assets 2023: $16,4542023

Highlighted filing

2021

Assets$34,670
Liabilities-
Net Assets$34,670

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2019: $82,814Expenses 2019: $82,402Net Income 2019: $4122019Revenue 2020: $85,319Expenses 2020: $72,854Net Income 2020: $12,4652020Revenue 2021: $70,240Expenses 2021: $62,498Net Income 2021: $7,7422021Revenue 2022: $91,069Expenses 2022: $76,721Net Income 2022: $14,3482022Revenue 2023: $7,801Expenses 2023: $40,371Net Income 2023: -$32,5702023

Highlighted filing

2021

Revenue$70,240
Expenses$62,498
Net Income$7,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 20, 2022
Return Version
2021v4.0
Gross Receipts
$74,408
Mission and Program Overview

Mission

Crafty mart supports local artists, makers and artisans by providing opportunities to learn how to refine and expand their creative businesses through education and markets. Crafty mart hosts handmade markets for local and regional makers and artists to sell their work and to act as a stepping stone for their small creative businesses. Crafty mart also offers unique programming to these artists to help them expand their businesses. Crafty mart works hard to advocate for the importance of shopping local and handmade in our community and to spotlight and elevate the artists and makers we support. We work hard to build important, meaningful and authentic partnerships with likeminded organizations and businesses to impact creative networking for our community, shoppers and makers.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION ACCOMPLISHED THE FOLLOWING DURING 2021: -SUCCESSFULLY HELD 5 HANDMADE MARKETS THAT HOSTED ABOUT 250 MAKERS -HOSTED APPROXIMATELY 7500 SHOPPERS AT OUR EVENTS -OVERALL, SUPPORTED 350 SMALL BUSINESSES WITH MARKETS, NETWORKING OPPORTUNITIES, DIY WORKSHOPS AND EDUCATIONAL PROGRAMMING -HOSTED OUR 4TH ANNUAL CREATIVE CATAPULT EVENT IN SUPPORT OF 3 MAKERS AND AWARDED 1 OF THOSE MAKERS WITH 2,000 TO EXPAND THEIR HANDMADE BUSINESS -CREATIVE CATAPULT HOSTED 70 COMMUNITY MEMBERS TO LEARN MORE ABOUT THE 3 PARTICIPATING MAKERS AND WHAT THEY DO, AND VOTED ON THEIR FAVORITE IDEA WHILE ENJOYING A LIGHT MEAL -MAINTAINED A CRAFTY CLOSET AND HOSTED 2 OPEN HOUSES THAT ENCOURAGED OUR COMMUNITY TO DONATE UNUSED CRAFT SUPPLIES AND IS OPEN TO THE PUBLIC TO SHOP FOR WHAT THEY NEED TO COMPLETE THEIR CRAFTY PROJECT -HOSTED 4 DIY WORKSHOPS THAT WERE OPEN FOR OUR COMMUNITY TO PARTICIPATE IN -RAN A SUCCESSFUL CAPITAL CAMPAIGN TO FURTHER OUR 7,000SQ FT EVENT SPACE IMPROVEMENTS AND SOLIDIFY THE ONGOING PARTNERSHIP WITH BOUNCE INNOVATION HUB -NETWORKED OUR MAKER SESSION PARTICIPANTS WITH 16 LOCAL PROFESSIONALS IN TAX, MARKETING, BRANDING, CUSTOMER SERVICE, ETC. -HOSTED 16 MAKER SESSIONS THAT SUPPORTED 30 HANDMADE BUSINESSES AND COVERED TOPICS: BUILDING A BUSINESS PLAN, BOOTH BUILDING, PHOTOGRAPHY, BRANDING, TAXES, MARKETING AND SOCIAL MEDIA -AWARDED 5 SCHOLARSHIPS TO THE MAKER SESSIONS PROGRAMMING -DEVELOPED AND EXPANDED OUR MISSION, VISION AND VALUES AND STRATEGIC GOALS -CONTINUED OUR COVID RESPONSE PROGRAM, THE OHIO MAKER BOXES TO SUPPORT MAKERS IN A CURATED BOX THAT WAS SHIPPED TO SHOPPERS DOORS.-$54,792
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARISSA MCCLELLANExecutive DiPT$19,200-$19,200
ALEXANDER DRAVENTrustee-$0--
MEGHAN MEEKERPresident, R-$0--
WELBY BROADDUSTrustee-$0--
MAGGIE OLSONVice-Preside-$0--
CHRIS RUTANCo-Treasurer-$0--
HANNAH FLORIANSecretary-$0--
DARA HARPERTrustee-$0--
DINA YOUNISTrustee-$0--
BRYON DELPINALTrustee-$0--
DAENA JOHNSONCo-Treasurer-$0--
SARAH GOTT RESIGNEDTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Crafty Mart
EIN
47-1337945
Phone
3306073976
Address
526 SOUTH MAIN STREET SUITE 217, AKRON, OH 44311

Signing Officer

Name
Marissa Mcclellan
Title
Executive Director
Phone
3306073976
Signed
2022-10-20
Discuss with paid preparer
Yes

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 5,272 office supplies and postage 1,871 insurance 1,186 bank charges and fees 770 program supplies 3,507 speakers 1,205 registration and licenses 647 shipping and handling 581 communications and tech 1,949 equipment rental 709 maintenance supplies 1,541 gifts 2,083 non-investment depreciation 95 total 21,416

Form 990-ez, Part I, Line 20

Prior period adjustment 1,114

Form 990-ez, Part II, Line 24

Leasehold improvements 0 17,096 less accumulated depreciation 0 95 total 0 17,001

Form 990-ez, Part III

Crafty mart supports local artists, makers and artisans by providing opportunities to learn how to refine and expand their creative businesses through education and markets. Crafty mart hosts handmade markets for local and regional makers and artists to sell their work and to act as a stepping stone for their small creative businesses. Crafty mart also offers unique programming to these artists to help them expand their businesses. Crafty mart works hard to advocate for the importance of shopping local and handmade in our community and to spotlight and elevate the artists and makers we support. We work hard to build important, meaningful and authentic partnerships with likeminded organizations and businesses to impact creative networking for our community, shoppers and makers.

Form 990-ez, Part III, Line 28

The organization accomplished the following during 2021: -successfully held 5 handmade markets that hosted about 250 makers -hosted approximately 7500 shoppers at our events -overall, supported 350 small businesses with markets, networking opportunities, diy workshops and educational programming -hosted our 4th annual creative catapult event in support of 3 makers and awarded 1 of those makers with 2,000 to expand their handmade business -creative catapult hosted 70 community members to learn more about the 3 participating makers and what they do, and voted on their favorite idea while enjoying a light meal -maintained a crafty closet and hosted 2 open houses that encouraged our community to donate unused craft supplies and is open to the public to shop for what they need to complete their crafty project -hosted 4 diy workshops that were open for our community to participate in -ran a successful capital campaign to further our 7,000sq ft event space improvements and solidify the ongoing partnership with bounce innovation hub -networked our maker session participants with 16 local professionals in tax, marketing, branding, customer service, etc. -hosted 16 maker sessions that supported 30 handmade businesses and covered topics: building a business plan, booth building, photography, branding, taxes, marketing and social media -awarded 5 scholarships to the maker sessions programming -developed and expanded our mission, vision and values and strategic goals -continued our covid response program, the ohio maker boxes to support makers in a curated box that was shipped to shoppers doors.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 5,272 OFFICE SUPPLIES AND POSTAGE 1,871 INSURANCE 1,186 BANK CHARGES AND FEES 770 PROGRAM SUPPLIES 3,507 SPEAKERS 1,205 REGISTRATION AND LICENSES 647 SHIPPING AND HANDLING 581 COMMUNICATIONS AND TECH 1,949 EQUIPMENT RENTAL 709 MAINTENANCE SUPPLIES 1,541 GIFTS 2,083 NON-INVESTMENT DEPRECIATION 95 TOTAL 21,416
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEASEHOLD IMPROVEMENTS 0 17,096 LESS ACCUMULATED DEPRECIATION 0 95 TOTAL 0 17,001
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CRAFTY MART SUPPORTS LOCAL ARTISTS, MAKERS AND ARTISANS BY PROVIDING OPPORTUNITIES TO LEARN HOW TO REFINE AND EXPAND THEIR CREATIVE BUSINESSES THROUGH EDUCATION AND MARKETS. CRAFTY MART HOSTS HANDMADE MARKETS FOR LOCAL AND REGIONAL MAKERS AND ARTISTS TO SELL THEIR WORK AND TO ACT AS A STEPPING STONE FOR THEIR SMALL CREATIVE BUSINESSES. CRAFTY MART ALSO OFFERS UNIQUE PROGRAMMING TO THESE ARTISTS TO HELP THEM EXPAND THEIR BUSINESSES. CRAFTY MART WORKS HARD TO ADVOCATE FOR THE IMPORTANCE OF SHOPPING LOCAL AND HANDMADE IN OUR COMMUNITY AND TO SPOTLIGHT AND ELEVATE THE ARTISTS AND MAKERS WE SUPPORT. WE WORK HARD TO BUILD IMPORTANT, MEANINGFUL AND AUTHENTIC PARTNERSHIPS WITH LIKEMINDED ORGANIZATIONS AND BUSINESSES TO IMPACT CREATIVE NETWORKING FOR OUR COMMUNITY, SHOPPERS AND MAKERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ACCOMPLISHED THE FOLLOWING DURING 2021: -SUCCESSFULLY HELD 5 HANDMADE MARKETS THAT HOSTED ABOUT 250 MAKERS -HOSTED APPROXIMATELY 7500 SHOPPERS AT OUR EVENTS -OVERALL, SUPPORTED 350 SMALL BUSINESSES WITH MARKETS, NETWORKING OPPORTUNITIES, DIY WORKSHOPS AND EDUCATIONAL PROGRAMMING -HOSTED OUR 4TH ANNUAL CREATIVE CATAPULT EVENT IN SUPPORT OF 3 MAKERS AND AWARDED 1 OF THOSE MAKERS WITH 2,000 TO EXPAND THEIR HANDMADE BUSINESS -CREATIVE CATAPULT HOSTED 70 COMMUNITY MEMBERS TO LEARN MORE ABOUT THE 3 PARTICIPATING MAKERS AND WHAT THEY DO, AND VOTED ON THEIR FAVORITE IDEA WHILE ENJOYING A LIGHT MEAL -MAINTAINED A CRAFTY CLOSET AND HOSTED 2 OPEN HOUSES THAT ENCOURAGED OUR COMMUNITY TO DONATE UNUSED CRAFT SUPPLIES AND IS OPEN TO THE PUBLIC TO SHOP FOR WHAT THEY NEED TO COMPLETE THEIR CRAFTY PROJECT -HOSTED 4 DIY WORKSHOPS THAT WERE OPEN FOR OUR COMMUNITY TO PARTICIPATE IN -RAN A SUCCESSFUL CAPITAL CAMPAIGN TO FURTHER OUR 7,000SQ FT EVENT SPACE IMPROVEMENTS AND SOLIDIFY THE ONGOING PARTNERSHIP WITH BOUNCE INNOVATION HUB -NETWORKED OUR MAKER SESSION PARTICIPANTS WITH 16 LOCAL PROFESSIONALS IN TAX, MARKETING, BRANDING, CUSTOMER SERVICE, ETC. -HOSTED 16 MAKER SESSIONS THAT SUPPORTED 30 HANDMADE BUSINESSES AND COVERED TOPICS: BUILDING A BUSINESS PLAN, BOOTH BUILDING, PHOTOGRAPHY, BRANDING, TAXES, MARKETING AND SOCIAL MEDIA -AWARDED 5 SCHOLARSHIPS TO THE MAKER SESSIONS PROGRAMMING -DEVELOPED AND EXPANDED OUR MISSION, VISION AND VALUES AND STRATEGIC GOALS -CONTINUED OUR COVID RESPONSE PROGRAM, THE OHIO MAKER BOXES TO SUPPORT MAKERS IN A CURATED BOX THAT WAS SHIPPED TO SHOPPERS DOORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01640 AKRON PENINSULA RD STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044313
ReturnHeader/PreparerPersonGrp/PhoneNum03308671222
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN K CRUM
ReturnHeader/ReturnTs02022-10-27T09:22:51-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARISSA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCLELLAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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