Civic Intelligence

Charlotte Is Creative

990EZ • Fiscal year 2018 • EIN 47-5329696

Jan 01, 2018 to Dec 31, 2018 • Filed on May 20, 2019

Organization ProfileWWW.CHARLOTTEISCREATIVE.COM
2341 Chesterfield AveCharlotte, NC 28205

(917) 273-3772

Siviq Scores

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

Liabilities / Assets

55th percentile

0.01x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • NTEE A20 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • NTEE A20 • <$500k nonprofits • Source year 2018

Net Margin

87th percentile

39%

Higher net margin than 87% of similar nonprofits.

2018 filings • NTEE A20 • <$500k nonprofits • Source year 2018

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE A20 • <$500k nonprofits • Source year 2018

Asset Growth

96th percentile

319%

Faster asset growth than 96% of similar nonprofits.

2018 filings • NTEE A20 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

165%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • NTEE A20 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$59,832

Up $45,546 (+319%) from 2017

Net Assets

Up

$59,296

Up $45,546 (+331%) from 2017

Liabilities

Flat

$536

Flat from 2017

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin87th percentile

Revenue

Up

$115,701

Up $72,073 (+165%) from 2017

Expenses

Up

$70,155

Up $34,698 (+98%) from 2017

Net Income

Up

$45,546

Up $37,375 (+457%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$600K$400K$200K$0Assets 2016: $6,115Liabilities 2016: $5362016Assets 2017: $14,286Liabilities 2017: $536Net Assets 2017: $13,7502017Assets 2018: $59,832Liabilities 2018: $536Net Assets 2018: $59,2962018Assets 2019: $99,584Liabilities 2019: $2,195Net Assets 2019: $97,3892019Assets 2020: $225,103Liabilities 2020: $40,241Net Assets 2020: $184,8622020Assets 2021: $265,786Liabilities 2021: $6,391Net Assets 2021: $259,3952021Assets 2022: $300,918Liabilities 2022: $6,264Net Assets 2022: $294,6542022Assets 2023: $397,547Liabilities 2023: $5,966Net Assets 2023: $391,5812023Assets 2024: $408,576Liabilities 2024: $5,516Net Assets 2024: $403,0602024

Highlighted filing

2018

Assets$59,832
Liabilities$536
Net Assets$59,296
Open 2018 Filing

Operations Trend

Revenue Growth93rd percentile

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

$1.0M$500K$0Revenue 2016: $19,877Expenses 2016: $14,913Net Income 2016: $4,9642016Revenue 2017: $43,628Expenses 2017: $35,457Net Income 2017: $8,1712017Revenue 2018: $115,701Expenses 2018: $70,155Net Income 2018: $45,5462018Revenue 2019: $415,994Expenses 2019: $377,901Net Income 2019: $38,0932019Revenue 2020: $452,334Expenses 2020: $364,861Net Income 2020: $87,4732020Revenue 2021: $545,865Expenses 2021: $471,332Net Income 2021: $74,5332021Revenue 2022: $545,747Expenses 2022: $510,488Net Income 2022: $35,2592022Revenue 2023: $834,383Expenses 2023: $737,456Net Income 2023: $96,9272023Revenue 2024: $817,420Expenses 2024: $805,941Net Income 2024: $11,4792024

Highlighted filing

2018

Revenue$115,701
Expenses$70,155
Net Income$45,546
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 20, 2019
Return Version
2018v3.1
Gross Receipts
$115,701
Mission and Program Overview

Mission

To provide charlotte's fast-growing creative set a place to call home, to get inspired, to support each other, to forge relationships and to collaborate. Dedicated to celebrating charlotte's creative talent and to showcase the city's creative thinkers, makers and doers.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$13,000$57,156
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT OLINPresidentPT$0--
TIM MINERVice PresidentPT$0--
MICHAEL SAMMUTChairPT$0--
Filing and Contact Details

Filer

Filer Name
Charlotte Is Creative
EIN
47-5329696
Phone
9172733772
Address
2341 CHESTERFIELD AVE, CHARLOTTE, NC 28205

Signing Officer

Name
Matt Olin
Title
President
Phone
9172733772
Signed
2019-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Lba Haynes Strand Pllc
Address
212 W MATTHEWS ST STE 102, MATTHEWS, NC 28105
Preparer
David D Fraser
Phone
7048411120
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: charitable contributions. Amount: 50. Description: advertising and promotion. Amount: 4,669. Description: event expenses. Amount: 35,137. Description: gifts for volunteers. Amount: 54. Description: office expenses. Amount: 8,335. Description: travel. Amount: 2,316. Total to form 990-ez, line 16: 50,561.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: security deposit. Beg. Of year amount: 0. End of year amount: 600.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: note payable. Beg. Of year amount: 536. End of year amount: 536.”

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATT OLIN
IRS990EZ/BooksInCareOfDetail/PhoneNum09172733772
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05127 CHADWICK PLACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028226
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014286
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059232
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0115701
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt045546
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01350
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014286
IRS990EZ/Form990TotalAssetsGrp/EOYAmt059832
IRS990EZ/GrantsAndSimilarAmountsPaidAmt013000
IRS990EZ/GrossReceiptsAmt0115701
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013750
IRS990EZ/NetAssetsOrFundBalancesEOYAmt059296
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013750
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059296
IRS990EZ/OccupancyRentUtltsAndMaintAmt04800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT OLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TIM MINER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL SAMMUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0600
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt050561
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CHARLOTTE'S FAST-GROWING CREATIVE SET A PLACE TO CALL HOME, TO GET INSPIRED, TO SUPPORT EACH OTHER, TO FORGE RELATIONSHIPS AND TO COLLABORATE. DEDICATED TO CELEBRATING CHARLOTTE'S CREATIVE TALENT AND TO SHOWCASE THE CITY'S CREATIVE THINKERS, MAKERS AND DOERS.
IRS990EZ/PrintingPublicationsPostageAmt0444
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt057156
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0536
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0536
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt070155
IRS990EZ/TotalProgramServiceExpensesAmt057156
IRS990EZ/TotalRevenueAmt0115701
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHARLOTTEISCREATIVE.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0115701
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt043628
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt019877
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03122
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0182328
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0182328
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115701
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt043628
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt019877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03122
IRS990ScheduleA/Total509Grp/TotalAmt0182328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt043628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt019877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03122
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0182328
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CHARITABLE CONTRIBUTIONS. AMOUNT: 50. DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 4,669. DESCRIPTION: EVENT EXPENSES. AMOUNT: 35,137. DESCRIPTION: GIFTS FOR VOLUNTEERS. AMOUNT: 54. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 8,335. DESCRIPTION: TRAVEL. AMOUNT: 2,316. TOTAL TO FORM 990-EZ, LINE 16: 50,561.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: NOTE PAYABLE. BEG. OF YEAR AMOUNT: 536. END OF YEAR AMOUNT: 536.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT OLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09172733772
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHARLOTTE IS CREATIVE
ReturnHeader/Filer/BusinessNameControlTxt0CHAR
ReturnHeader/Filer/EIN0475329696
ReturnHeader/Filer/PhoneNum09172733772
ReturnHeader/Filer/USAddress/AddressLine1Txt02341 CHESTERFIELD AVE
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028205
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId000627C4E83039E24BFD3CDD397C08B80C442FF59
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId000627C4E83039E24BFD3CDD397C08B80C442FF59
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.106.171.34
ReturnHeader/FilingSecurityInformation/IPDt02019-05-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm007:23:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204759472
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LBA HAYNES STRAND PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0212 W MATTHEWS ST STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MATTHEWS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028105
ReturnHeader/PreparerPersonGrp/PhoneNum07048411120
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID D FRASER
ReturnHeader/ReturnTs02019-06-17T16:58:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,832
Liabilities
$536
Net assets
$59,296
Revenue
$115,701
Expenses
$70,155
Net income
$45,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.09$0.06$4.03$8.17$8.06$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.98$0.06$3.92$8.34$7.37$0.97
2022Detailed filing. Detailed filing data is available for this year.$3.01$0.06$2.95$5.46$5.10$0.35
2021Detailed filing. Detailed filing data is available for this year.$2.66$0.06$2.59$5.46$4.71$0.75
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.40$1.85$4.52$3.65$0.87
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.02$0.97$4.16$3.78$0.38
2018Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$1.16$0.70$0.46
2017Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.14$0.44$0.35$0.08
2016Summary only. Only limited summary data is available for this year.$0.06$0.01$0.20$0.15$0.05