Civic Intelligence

Creative Hub Worcester Inc.

990EZ • Fiscal year 2020 • EIN 81-2613929

Feb 01, 2019 to Jan 31, 2020 • Filed on Jul 31, 2020

2 Ionic AveWorcester, MA 01608

(978) 273-1422

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

59%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$1,620

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

79th percentile

48%

Faster asset growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-26%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$229,826

Up $74,090 (+48%) from 2019

Net Assets

Up

$228,826

Up $79,823 (+54%) from 2019

Liabilities

Down

$1,000

Down $5,733 (-85%) from 2019

Revenue

Down

$136,355

Down $49,030 (-26%) from 2019

Expenses

Up

$56,532

Up $13,060 (+30%) from 2019

Net Income

Down

$79,823

Down $62,090 (-44%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $155,736Liabilities 2019: $6,733Net Assets 2019: $149,0032019Assets 2020: $229,826Liabilities 2020: $1,000Net Assets 2020: $228,8262020Assets 2021: $332,708Liabilities 2021: $3,432Net Assets 2021: $329,2762021Assets 2022: $508,701Liabilities 2022: $8,506Net Assets 2022: $500,1952022Assets 2023: $1,786,963Liabilities 2023: $48,269Net Assets 2023: $1,738,6942023Assets 2024: $4,636,934Liabilities 2024: $1,668,353Net Assets 2024: $2,968,5812024Assets 2025: $6,158,307Liabilities 2025: $2,558,257Net Assets 2025: $3,600,0502025

Highlighted filing

2020

Assets$229,826
Liabilities$1,000
Net Assets$228,826

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2019: $185,385Expenses 2019: $43,472Net Income 2019: $141,9132019Revenue 2020: $136,355Expenses 2020: $56,532Net Income 2020: $79,8232020Revenue 2021: $210,014Expenses 2021: $109,564Net Income 2021: $100,4502021Revenue 2022: $320,770Expenses 2022: $209,692Net Income 2022: $111,0782022Revenue 2023: $1,689,510Expenses 2023: $465,660Net Income 2023: $1,223,8502023Revenue 2024: $1,903,273Expenses 2024: $684,011Net Income 2024: $1,219,2622024Revenue 2025: $1,470,321Expenses 2025: $838,852Net Income 2025: $631,4692025

Highlighted filing

2020

Revenue$136,355
Expenses$56,532
Net Income$79,823
Jump To
Filing Snapshot
Filing Period
Feb 1, 2019 to Jan 31, 2020
Signed
Jul 31, 2020
Return Version
2019v5.0
Gross Receipts
$138,026
Mission and Program Overview

Mission

The organization's mission is to support our local community through providing accessible arts programs, community outreach, culturally focused events, and offering a safe and welcoming space and platform for other arts and community-oriented organizations to grow and sustain their programming.

Program Services

DescriptionGrantsExpenses
PROVIDED YOUTH PROGRAMMING THROUGH SUBSIDIZED AFTER SCHOOL AND OUTSIDE OF SCHOOL CHILDCARE PROGRAMS AND WORKSHOPS/CLASSES, FOCUSED ON SERVING YOUTH FROM THE WORCESTER COMMUNITY AND YOUTH IN THE MAIN SOUTH REGION OF WORCESTER. ENROLLED 26 YOUTHS AGES 6-14. HOSTED AN EXHIBITION SERIES FOR UNDER-REPRESENTED ARTIST COMMUNITIES THROUGHOUT THE GREATER WORCESTER AREA.-$46,213
BUILD AND SUSTAIN A COMMUNITY ARTS CENTER IN THE FORMER IONIC AVE BOYS' CLUB, WHICH WILL INCLUDE ARTIST STUDIOS, CLASSES AND WORKSHOPS FOR THE COMMUNITY SERVING ALL AGES INCLUDING DANCE, THEATER, YOGA AND MORE. EVENTS THAT ARE OPEN TO THE PUBLIC AND THAT ENGAGE OUR DIVERSE POPULATION IN WORCESTER.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURA MAROTTAPresidentFT$1,620-$1,620
STACY LORDVice PresidePT$0--
COLLEEN MCSHEAClerk-$0--
TIMOTHY DOYLETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Creative Hub Worcester
EIN
81-2613929
Phone
9782731422
Address
2 IONIC AVE, WORCESTER, MA 01608

Signing Officer

Name
Laura Marotta
Title
President
Phone
9782731422
Signed
2020-07-31
Discuss with paid preparer
Yes

Preparer

Firm
Nancy E Field CPA
Address
1069 MAIN STREET, LEICESTER, MA 01524-1324
Preparer
Nancy E Field
Phone
5083407110
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & marketing 1,635 travel 2,355 interest 163 insurance 4,048 office expense 2,588 meals 2,252 bank charges 235 filing fees 180 dues & subscriptions 1,824 hadley expenses and suppl 6,277 taxes and licenses 1,031 non-investment depreciation 2,499 total 25,087

Form 990-ez, Part II, Line 24

Accounts receivable 52 0 97,469 97,469 less accumulated depreciation 1,187 3,686 total 96,334 93,783

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 210 0 unsecured notes and loans payable 6,523 1,000

Form 990-ez, Part III

The organization's mission is to support our local community through providing accessible arts programs, community outreach, culturally focused events, and offering a safe and welcoming space and platform for other arts and community-oriented organizations to grow and sustain their programming.

Form 990-ez, Part III, Line 28

Provided youth programming through subsidized after school and outside of school childcare programs and workshops/classes, focused on serving youth from the worcester community and youth in the main south region of worcester. Enrolled 26 youths ages 6-14. Hosted an exhibition series for under-represented artist communities throughout the greater worcester area.

Form 990-ez, Part III, Line 29

Build and sustain a community arts center in the former ionic ave boys' club, which will include artist studios, classes and workshops for the community serving all ages including dance, theater, yoga and more. Events that are open to the public and that engage our diverse population in worcester.

Raw XML Appendix169 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO SUPPORT OUR LOCAL COMMUNITY THROUGH PROVIDING ACCESSIBLE ARTS PROGRAMS, COMMUNITY OUTREACH, CULTURALLY FOCUSED EVENTS, AND OFFERING A SAFE AND WELCOMING SPACE AND PLATFORM FOR OTHER ARTS AND COMMUNITY-ORIENTED ORGANIZATIONS TO GROW AND SUSTAIN THEIR PROGRAMMING.
IRS990EZ/ProgramServiceRevenueAmt042111
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED YOUTH PROGRAMMING THROUGH SUBSIDIZED AFTER SCHOOL AND OUTSIDE OF SCHOOL CHILDCARE PROGRAMS AND WORKSHOPS/CLASSES, FOCUSED ON SERVING YOUTH FROM THE WORCESTER COMMUNITY AND YOUTH IN THE MAIN SOUTH REGION OF WORCESTER. ENROLLED 26 YOUTHS AGES 6-14. HOSTED AN EXHIBITION SERIES FOR UNDER-REPRESENTED ARTIST COMMUNITIES THROUGHOUT THE GREATER WORCESTER AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BUILD AND SUSTAIN A COMMUNITY ARTS CENTER IN THE FORMER IONIC AVE BOYS' CLUB, WHICH WILL INCLUDE ARTIST STUDIOS, CLASSES AND WORKSHOPS FOR THE COMMUNITY SERVING ALL AGES INCLUDING DANCE, THEATER, YOGA AND MORE. EVENTS THAT ARE OPEN TO THE PUBLIC AND THAT ENGAGE OUR DIVERSE POPULATION IN WORCESTER.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & MARKETING 1,635 TRAVEL 2,355 INTEREST 163 INSURANCE 4,048 OFFICE EXPENSE 2,588 MEALS 2,252 BANK CHARGES 235 FILING FEES 180 DUES & SUBSCRIPTIONS 1,824 HADLEY EXPENSES AND SUPPL 6,277 TAXES AND LICENSES 1,031 NON-INVESTMENT DEPRECIATION 2,499 TOTAL 25,087
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 52 0 97,469 97,469 LESS ACCUMULATED DEPRECIATION 1,187 3,686 TOTAL 96,334 93,783
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 210 0 UNSECURED NOTES AND LOANS PAYABLE 6,523 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S MISSION IS TO SUPPORT OUR LOCAL COMMUNITY THROUGH PROVIDING ACCESSIBLE ARTS PROGRAMS, COMMUNITY OUTREACH, CULTURALLY FOCUSED EVENTS, AND OFFERING A SAFE AND WELCOMING SPACE AND PLATFORM FOR OTHER ARTS AND COMMUNITY-ORIENTED ORGANIZATIONS TO GROW AND SUSTAIN THEIR PROGRAMMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDED YOUTH PROGRAMMING THROUGH SUBSIDIZED AFTER SCHOOL AND OUTSIDE OF SCHOOL CHILDCARE PROGRAMS AND WORKSHOPS/CLASSES, FOCUSED ON SERVING YOUTH FROM THE WORCESTER COMMUNITY AND YOUTH IN THE MAIN SOUTH REGION OF WORCESTER. ENROLLED 26 YOUTHS AGES 6-14. HOSTED AN EXHIBITION SERIES FOR UNDER-REPRESENTED ARTIST COMMUNITIES THROUGHOUT THE GREATER WORCESTER AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BUILD AND SUSTAIN A COMMUNITY ARTS CENTER IN THE FORMER IONIC AVE BOYS' CLUB, WHICH WILL INCLUDE ARTIST STUDIOS, CLASSES AND WORKSHOPS FOR THE COMMUNITY SERVING ALL AGES INCLUDING DANCE, THEATER, YOGA AND MORE. EVENTS THAT ARE OPEN TO THE PUBLIC AND THAT ENGAGE OUR DIVERSE POPULATION IN WORCESTER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09782731422
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CREATIVE HUB WORCESTER
ReturnHeader/Filer/BusinessNameControlTxt0CREA
ReturnHeader/Filer/EIN0812613929
ReturnHeader/Filer/PhoneNum09782731422
ReturnHeader/Filer/USAddress/AddressLine1Txt02 IONIC AVE
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
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ReturnHeader/FilingSecurityInformation/IPDt02020-09-17
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ReturnHeader/FilingSecurityInformation/IPTm007:57:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043544242
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NANCY E FIELD CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01069 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEICESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0015241324
ReturnHeader/PreparerPersonGrp/PhoneNum05083407110
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANCY E FIELD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-17T07:57:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-02-01
ReturnHeader/TaxPeriodEndDt02020-01-31
ReturnHeader/TaxYr02019

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