Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Creative Ability Development Inc.
990 • Fiscal year 2023 • EIN 47-1611231
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.37x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Balance Sheet
Assets
Down$1,045,051
Down $51,168 (-4.7%) from 2022
Net Assets
Down$656,257
Down $70,486 (-9.7%) from 2022
Liabilities
Up$388,794
Up $19,318 (+5.2%) from 2022
Revenue And Expenses
Revenue
Down$420,918
Down $47,697 (-10%) from 2022
Expenses
Up$491,404
Up $73,723 (+18%) from 2022
Net Income
Down-$70,486
Down $121,420 (-238%) from 2022
Historical Trend
Filing Detail Status
This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview
Mission
See Schedule OThe Kanack School of Musical Artistry is the not-for-profit epicenter of Creative Ability Development (CAD) within our community and internationally. We provide an enriching, nurturing, and inclusive environment where all can grow to reach their fullest potential: artistically, creatively, socially, and intellectually. CAD defined: a pedagogical system which uses disciplined musical improvisation to develop the creative part of the brain, to heighten each student's innate musicality, and to enhance creative ability across multiple intellectual pursuits.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $1,045,051
- Liabilities
- $388,794
- Net assets
- $656,257
- Revenue
- $420,918
- Expenses
- $491,404
- Net income
- -$70,486