Civic Intelligence

Transforming Creatives Inc.

990EZ • Fiscal year 2019 • EIN 82-4053553

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 15, 2020

3848 Zuni StreetDenver, CO 80211

(720) 453-1444

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

82nd percentile

28%

Higher net margin than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

97th percentile

$79,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 57.7% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$58,470

No earlier filing loaded for comparison.

Net Assets

$55,854

No earlier filing loaded for comparison.

Liabilities

$2,616

No earlier filing loaded for comparison.

Revenue

$136,976

No earlier filing loaded for comparison.

Expenses

$97,998

No earlier filing loaded for comparison.

Net Income

$38,978

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2019: $58,470Liabilities 2019: $2,616Net Assets 2019: $55,8542019Assets 2020: $67,515Liabilities 2020: $26,566Net Assets 2020: $40,9492020Assets 2021: $68,579Liabilities 2021: $10,267Net Assets 2021: $58,3122021Assets 2022: $20,519Liabilities 2022: $2,539Net Assets 2022: $17,9802022

Highlighted filing

2019

Assets$58,470
Liabilities$2,616
Net Assets$55,854

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $136,976Expenses 2019: $97,998Net Income 2019: $38,9782019Revenue 2020: $226,828Expenses 2020: $241,733Net Income 2020: -$14,9052020Revenue 2021: $278,067Expenses 2021: $260,704Net Income 2021: $17,3632021Revenue 2022: $199,359Expenses 2022: $239,690Net Income 2022: -$40,3312022

Highlighted filing

2019

Revenue$136,976
Expenses$97,998
Net Income$38,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.0
Gross Receipts
$137,911
Mission and Program Overview

Mission

The organization provides educational workshops and events, as well as space to create and work for artists, creative entrepreneurs, and small nonprofits. This support infrastructure helps individuals and organizations explore and develop their own creative path and be supported in their personal or professional arts and culture work. In doing so, Transforming Creatives helps to deepen the societal impact of the arts while facilitating entrepreneurial growth and nonprofit sustainability in the creative sector.

Program Services

DescriptionGrantsExpenses
We provide a support infrastructure of classes and workshops, business expertise, mentoring, counseling, soul care and more to hundreds of local creatives. Our creative incubator, Converge Denver, is home to over 50 filmmakers, photographers, visual artists, designers, journalists, nonprofits, and other super creative humans who are working in community to create a more just, equitable, and flourishing society. These community tenants have shown consistent growth in business, social impact, hiring, outreach, program expansion, and cultural products and events created.$0$80,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John MaikowskiExecutive DirectorFT$73,000$6,000$79,000
Linda MaikowskiBoard President And TreasurerFT$12,000-$12,000
Gregory JosephBoard Member-$0--
William PiersonBoard Member-$0--
Kathy EscobarBoard Member-$0--
Brian BrewingtonBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ripple Effect$44,153$8,295$391$7,904
Total Events$44,153$8,295$935$7,360
Filing and Contact Details

Filer

Filer Name
Transforming Creatives Inc
EIN
82-4053553
Phone
7204531444
Address
3848 Zuni Street, Denver, CO 80211

Signing Officer

Name
Linda Maikowski
Title
Treasurer
Phone
7204531444
Signed
2020-06-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Contributions to individual artists

Form 990-EZ, Part I, Line 16

Description;Amount^bank and credit card fees;1097|program related expense for tenants;9286|other;694^Total;11077^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Accounts Receivable;3450|Prepaid Security Deposit;3600^Total;7050^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Payroll Related Liabilities;2616^Total;2616^

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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-15
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ReturnHeader/Filer/EIN0824053553
ReturnHeader/Filer/PhoneNum07204531444
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ReturnHeader/Filer/USAddress/ZIPCd080211
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0205.170.63.230
ReturnHeader/ReturnTs02020-06-11T14:10:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings