Civic Intelligence

Creative Armenia

990 • Fiscal year 2021 • EIN 81-2439399

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 18, 2022

Organization ProfileWWW.CREATIVEARMENIA.ORG
101 Groverton PlaceLos Angeles, CA 90077

(310) 933-1034

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

35th percentile

0.00x

Higher debt load relative to revenue than 35% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

35th percentile

3.7%

Higher net margin than 35% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$97,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

47th percentile

8.1%

Faster asset growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

185%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$356,973

Up $26,656 (+8.1%) from 2020

Net Assets

Up

$354,350

Up $26,166 (+8.0%) from 2020

Liabilities

Up

$2,623

Up $490 (+23%) from 2020

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin35th percentile

Revenue

Up

$720,785

Up $467,880 (+185%) from 2020

Expenses

Up

$694,009

Up $444,913 (+179%) from 2020

Net Income

Up

$26,776

Up $22,967 (+603%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$400K$300K$200K$100K$0Assets 2017: $71,370Liabilities 2017: $2,061Net Assets 2017: $69,3092017Assets 2018: $290,159Liabilities 2018: $2,161Net Assets 2018: $287,9982018Assets 2019: $326,521Liabilities 2019: $2,146Net Assets 2019: $324,3752019Assets 2020: $330,317Liabilities 2020: $2,133Net Assets 2020: $328,1842020Assets 2021: $356,973Liabilities 2021: $2,623Net Assets 2021: $354,3502021Assets 2022: $309,256Liabilities 2022: $2,592Net Assets 2022: $306,6642022Assets 2023: $103,564Liabilities 2023: $2,527Net Assets 2023: $101,0372023Assets 2024: $49,343Liabilities 2024: $0Net Assets 2024: $49,3432024

Highlighted filing

2021

Assets$356,973
Liabilities$2,623
Net Assets$354,350
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

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

$1.0M$500K$0-$500KRevenue 2017: $335,360Expenses 2017: $266,051Net Income 2017: $69,3092017Revenue 2018: $467,284Expenses 2018: $248,595Net Income 2018: $218,6892018Revenue 2019: $549,068Expenses 2019: $512,691Net Income 2019: $36,3772019Revenue 2020: $252,905Expenses 2020: $249,096Net Income 2020: $3,8092020Revenue 2021: $720,785Expenses 2021: $694,009Net Income 2021: $26,7762021Revenue 2022: $211,626Expenses 2022: $259,312Net Income 2022: -$47,6862022Revenue 2023: $66,681Expenses 2023: $272,308Net Income 2023: -$205,6272023Revenue 2024: $82,461Expenses 2024: $134,155Net Income 2024: -$51,6942024

Highlighted filing

2021

Revenue$720,785
Expenses$694,009
Net Income$26,776
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 18, 2022
Return Version
2021v4.2
Gross Receipts
$720,785
Mission and Program Overview

Mission

Creative armenia is a public charity on a mandate to discover, develop, and promote creative talent across the arts. It does so with a special focus on armenian culture and through a variety of programs including, creative challenges, production support, artist promotion, and fellowships.

Supports creative artists and serves to encourage and develop emerging talent in film, music, and across all arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$330,317$356,973▲ $26,656
Rtn Earn Endowment Incm Other Fnds$328,184$354,350▲ $26,166
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$330,317$356,973▲ $26,656
Liabilities
Other Liabilities$2,133$2,623▲ $490
Total Liabilities$2,133$2,623▲ $490
Net Assets / Fund Balance
Total Net Assets Fund Balance$328,184$354,350▲ $26,166
Total Liabilities and Net Assets / Fund Balance$330,317$356,973▲ $26,656
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Garin HovannisianPresidentFT$97,500$97,500

Board Members and Trustees

NameTitle
Mark StefanosVice President
Hakop BarseghianCFO/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$720,785
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$720,785
Change in Net Assets
$26,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$544,475
Salaries, Compensation, and Employee Benefits$105,245
Other Expenses$44,289
Total Fundraising Expense$1,892
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$419,410--$419,410
Foreign Grants$125,065--$125,065
Current Officers, Directors, Trustees, and Key Employees$73,125$24,375-$97,500
Payroll Taxes$5,809$1,936-$7,745
Other Expenses$4,153$1,888-$6,041
Travel$3,399-$1,892$5,291
Fees for Services Accounting-$3,750-$3,750
Advertising$1,987--$1,987
Office Expenses-$1,154-$1,154
Information Technology$195--$195
Total Functional Expenses$659,014$33,103$1,892$694,009
International Activity

International Summary

Offices
0
Employees
0
Spending
$125,065

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Russia and Neighboring StatesProgram ServicesGrants00$111,760
EuropeProgram ServicesGrants00$7,935
North AmericaProgram ServicesGrants00$3,830
East Asia and the PacificProgram ServicesGrants00$1,540
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,623
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
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

“Form 990 is first reviewed by the chief financial officer. After the review, form 990 is then presented to the board at a meeting to seek any input. After having received feedback from the board, the chief financial officer then consults with the chief executive officer, accountant and bookkeeper to make any necessary changes. Once this process is complete, the board votes by majority to submit form 990.”

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

“In connection with any actual or possible conflict of interest, an interested person must disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. The board actively monitors the organization's transactions and agreements, and flags for immediate discussion any real or perceived conflict of interest with intent to obviate such conflict in keeping with both the law and its own conflict of interest policies.”

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

“The board meets, in the absence of the compensated officer, to decide compensation of officers. It does so in a three-step process recommended by the irs, as outlined by the council of nonprofits. Leaning on reliable information regarding executive compensation for similar non-profit organizations (sources include guidestar, payscale, and charity navigator) and after an evaluation of the officer's experience and expertise, it suggests a fair salary for approval by the board.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Creative Armenia
EIN
81-2439399
Phone
3109331034
Address
101 GROVERTON PLACE, LOS ANGELES, CA 90077

Signing Officer

Name
Garin Hovannisian
Title
President
Phone
3109331034
Signed
2022-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garin Hovannisian
Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
2

Preparer

Firm
Baker Tilly US Llp
Address
18500 VON KARMAN AVE 10TH FLOOR, IRVINE, CA 92612
Preparer
Brian Yacker
Phone
9492222999
Raw XML AppendixShowing 400 of 410 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORTS CREATIVE ARTISTS AND SERVES TO ENCOURAGE AND DEVELOP EMERGING TALENT IN FILM, MUSIC, AND ACROSS ALL ARTS.
IRS990/AdvertisingGrp/ProgramServicesAmt01987
IRS990/AdvertisingGrp/TotalAmt01987
IRS990/AllOtherContributionsAmt0720785
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GARIN HOVANNISIAN
IRS990/BooksInCareOfDetail/PhoneNum03109331034
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 GROVERTON PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090077
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0330317
IRS990/CashNonInterestBearingGrp/EOYAmt0356973
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024375
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt073125
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt097500
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0720785
IRS990/CYGrantsAndSimilarPaidAmt0544475
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt044289
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt026776
IRS990/CYSalariesCompEmpBnftPaidAmt0105245
IRS990/CYTotalExpensesAmt0694009
IRS990/CYTotalFundraisingExpenseAmt01892
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0720785
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FISCAL SPONSORSHIP: A PROGRAM BY WHICH FILMMAKERS, MUSICIANS, AND OTHER ARTISTS RAISE INTEREST AND FUNDS FOR THEIR CREATIVE PROJECTS, BY ASKING DONORS TO CONTRIBUTE VIA CREATIVE ARMENIA, WHICH RETAINS AN INDUSTRY-STANDARD FEE, THEN PASSES ON THE DONATION TO THE ARTIST HIM/HERSELF.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0418869
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03750
IRS990/FeesForServicesAccountingGrp/TotalAmt03750
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt0125065
IRS990/ForeignGrantsGrp/TotalAmt0125065
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0GARIN HOVANNISIAN
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK STEFANOS
IRS990/Form990PartVIISectionAGrp/PersonNm2HAKOP BARSEGHIAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt097500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO/SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0408750
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0419410
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0419410
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0720785
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0195
IRS990/InformationTechnologyGrp/TotalAmt0195
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREATIVE ARMENIA IS A PUBLIC CHARITY ON A MANDATE TO DISCOVER, DEVELOP, AND PROMOTE CREATIVE TALENT ACROSS THE ARTS. IT DOES SO WITH A SPECIAL FOCUS ON ARMENIAN CULTURE AND THROUGH A VARIETY OF PROGRAMS INCLUDING, CREATIVE CHALLENGES, PRODUCTION SUPPORT, ARTIST PROMOTION, AND FELLOWSHIPS.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt0328184
IRS990/NetAssetsOrFundBalancesEOYAmt0354350
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01154
IRS990/OfficeExpensesGrp/TotalAmt01154
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01888
IRS990/OtherExpensesGrp/ProgramServicesAmt025871
IRS990/OtherExpensesGrp/ProgramServicesAmt14153
IRS990/OtherExpensesGrp/TotalAmt025871
IRS990/OtherExpensesGrp/TotalAmt16041
IRS990/OtherLiabilitiesGrp/BOYAmt02133
IRS990/OtherLiabilitiesGrp/EOYAmt02623
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01936
IRS990/PayrollTaxesGrp/ProgramServicesAmt05809
IRS990/PayrollTaxesGrp/TotalAmt07745
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GARIN HOVANNISIAN
IRS990/PriorPeriodAdjustmentsAmt0-610
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ARTIST PROMOTION: A PROGRAM OF SUPPORT FOR MORE THAN A HUNDRED ARTISTS WHO BELONG TO THE CREATIVE ARMENIA NETWORK. THE PROGRAM INCLUDES GRANTS CALLED SPARK GRANTS, AS WELL AS A VARIETY OF OTHER PROMOTIONAL AND CAREER GROWTH BENEFITS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt079912
IRS990/ProgSrvcAccomActy2Grp/GrantAmt029684
IRS990/ProgSrvcAccomActy3Grp/Desc0CA-AGBU FELLOWSHIPS: AN ANNUAL FELLOWSHIP THAT PROVIDES A PACKAGE OF FUNDING, MENTORSHIP, AND PROMOTION TO INNOVATIVE ARTISTS ACROSS ALL FIELDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt073733
IRS990/ProgSrvcAccomActy3Grp/GrantAmt029980
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS: A CREATIVE RESIDENCY FOR CUTTING-EDGE ARTISTS (EAST-WEST RESIDENCY), A CREATIVE INCUBATOR (ARTBOX) WHICH NURTURES BUSINESS-MINDED ART PROJECTS, AND A DIGITAL COMPETITION SERIES (CREATIVE CHALLENGES).
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt086500
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt076060
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0252905
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0109316
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt050681
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03809
IRS990/PYSalariesCompEmpBnftPaidAmt089099
IRS990/PYTotalExpensesAmt0249096
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0252905
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt026776
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0328184
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0354350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0720785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0252905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0549068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0467284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0335360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02325402
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73250
IRS990ScheduleA/PublicSupportPY170Pct00.61900
IRS990ScheduleA/PublicSupportTotal170Amt01703418
IRS990ScheduleA/SubstantialContributorsTotAmt0621984
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0720785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0252905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0549068
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0467284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0335360
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02325402
IRS990ScheduleA/TotalSupportAmt02325402
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02623
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt02623
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0111760
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt17935
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt23830
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt31540
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0RUSSIA AND NEIGHBORING STATES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt043860
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt17935
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt23830
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt31540
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt026
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt13
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt23
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt31
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0RUSSIA AND NEIGHBORING STATES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EUROPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2NORTH AMERICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0ASSISTANCE TO ARTISTS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1ASSISTANCE TO ARTISTS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2ASSISTANCE TO ARTISTS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3ASSISTANCE TO ARTISTS
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt067900
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0ASSISTANCE TO ARTISTS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0RUSSIA AND NEIGHBORING STATES
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0125065
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE AWARDING OF GRANTS IS THE RESULT OF A RIGOROUS, MULTI-TIERED SELECTION PROCESS COMPRISING INDUSTRY EXPERTS AND HIGH-LEVEL CREATIVE PROFESSIONALS. THE FAIRNESS OF THE PROCESS IS ENSURED BY THE CREATIVE ARMENIA BOARD. WRITTEN RECORDS ARE CREATED AND KEPT FOR ALL GRANTS AND CREATIVE ARMENIA STAFF FOLLOW UP WITH GRANT RECIPIENTS ON A REGULAR BASIS TO ENSURE THAT GRANT FUNDS ARE BEING SPENT FOR THE CREATIVE PROJECTS FOR WHICH THEY WERE INTENDED, IN KEEPING WITH LAW AND CREATIVE ARMENIA'S MISSION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0125065
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0419410
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ASSISTANCE TO ARTISTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE AWARDING OF GRANTS IS THE RESULT OF A RIGOROUS, MULTI-TIERED SELECTION PROCESS COMPRISING INDUSTRY EXPERTS AND HIGH-LEVEL CREATIVE PROFESSIONALS. THE FAIRNESS OF THE PROCESS IS ENSURED BY THE CREATIVE ARMENIA BOARD. WRITTEN RECORDS ARE CREATED AND KEPT FOR ALL GRANTS AND CREATIVE ARMENIA STAFF FOLLOW UP WITH GRANT RECIPIENTS ON A REGULAR BASIS TO ENSURE THAT GRANT FUNDS ARE BEING SPENT FOR THE CREATIVE PROJECTS FOR WHICH THEY WERE INTENDED, IN KEEPING WITH LAW AND CREATIVE ARMENIA'S MISSION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS FIRST REVIEWED BY THE CHIEF FINANCIAL OFFICER. AFTER THE REVIEW, FORM 990 IS THEN PRESENTED TO THE BOARD AT A MEETING TO SEEK ANY INPUT. AFTER HAVING RECEIVED FEEDBACK FROM THE BOARD, THE CHIEF FINANCIAL OFFICER THEN CONSULTS WITH THE CHIEF EXECUTIVE OFFICER, ACCOUNTANT AND BOOKKEEPER TO MAKE ANY NECESSARY CHANGES. ONCE THIS PROCESS IS COMPLETE, THE BOARD VOTES BY MAJORITY TO SUBMIT FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD ACTIVELY MONITORS THE ORGANIZATION'S TRANSACTIONS AND AGREEMENTS, AND FLAGS FOR IMMEDIATE DISCUSSION ANY REAL OR PERCEIVED CONFLICT OF INTEREST WITH INTENT TO OBVIATE SUCH CONFLICT IN KEEPING WITH BOTH THE LAW AND ITS OWN CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEETS, IN THE ABSENCE OF THE COMPENSATED OFFICER, TO DECIDE COMPENSATION OF OFFICERS. IT DOES SO IN A THREE-STEP PROCESS RECOMMENDED BY THE IRS, AS OUTLINED BY THE COUNCIL OF NONPROFITS. LEANING ON RELIABLE INFORMATION REGARDING EXECUTIVE COMPENSATION FOR SIMILAR NON-PROFIT ORGANIZATIONS (SOURCES INCLUDE GUIDESTAR, PAYSCALE, AND CHARITY NAVIGATOR) AND AFTER AN EVALUATION OF THE OFFICER'S EXPERIENCE AND EXPERTISE, IT SUGGESTS A FAIR SALARY FOR APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0330317
IRS990/TotalAssetsEOYAmt0356973
IRS990/TotalAssetsGrp/BOYAmt0330317
IRS990/TotalAssetsGrp/EOYAmt0356973
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0720785
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01892
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033103
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0659014
IRS990/TotalFunctionalExpensesGrp/TotalAmt0694009
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02133
IRS990/TotalLiabilitiesEOYAmt02623
IRS990/TotalLiabilitiesGrp/BOYAmt02133
IRS990/TotalLiabilitiesGrp/EOYAmt02623
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0328184
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0354350
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt086500
IRS990/TotalOtherProgSrvcGrantAmt076060
IRS990/TotalProgramServiceExpensesAmt0659014
IRS990/TotalReportableCompFromOrgAmt097500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0720785
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0330317
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0356973
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01892
IRS990/TravelGrp/ProgramServicesAmt03399
IRS990/TravelGrp/TotalAmt05291
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 GROVERTON PLACE
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090077
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.CREATIVEARMENIA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GARIN HOVANNISIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03109331034
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREATIVE ARMENIA
ReturnHeader/Filer/BusinessNameControlTxt0CREA
ReturnHeader/Filer/EIN0812439399
ReturnHeader/Filer/PhoneNum03109331034
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 GROVERTON PLACE
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090077
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018500 VON KARMAN AVE 10TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092612
ReturnHeader/PreparerPersonGrp/PhoneNum09492222999

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$356,973
Liabilities
$2,623
Net assets
$354,350
Revenue
$720,785
Expenses
$694,009
Net income
$26,776
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.82$1.34$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.03$1.01$0.67$2.72$2.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.03$3.07$2.12$2.59$0.48
2021Detailed filing. Detailed filing data is available for this year.$3.57$0.03$3.54$7.21$6.94$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$0.02$3.28$2.53$2.49$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.02$3.24$5.49$5.13$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$0.02$2.88$4.67$2.49$2.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.02$0.69$3.35$2.66$0.69