Creative Cauldron INC EIN 31-1816020 Form 990 (PDF) Claim this org

Creative Cauldron INC FY2021 filing

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Offers arts workshops and presents theater and music performances for all ages. For fiscal year 2021 it reported $546K in revenue, $524K in expenses, and $163K in net assets.Pt I

Founded
2002
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Falls Church, VA
Website
www.creativecauldron.org
Filings
6 on file (2020–2021)
Revenue
$546KFY2021
Expenses
$524K
Net assets
$163K
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  31-1816020 Public charity (501(c)(3)) Falls Church, VA Founded 2002
Form 990 (PDF)
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Size
$1–10M
What they do
Offers arts workshops and presents theater and music performances for all ages.
Leadership
Laura Conners Hull · Founder/Producing Director · $62K
Money in and out
$546K revenue, $524K expenses
Bottom line
75% program efficiency
Where the money goes · FY2021
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$163K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.22 Fundraising $0.03
Program efficiency
75%
of spending reaches programs
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$546K
FY2021▼ -0.7%
Expenses
$524K
FY2021▼ -10%
Total assets
$490K
FY2021▲ +100%
Total liabilities
$327K
FY2021▲ +195%
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$163K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$490K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreative Cauldron INC
EINHdr · item D31-1816020
Principal addressHdr · item CFalls Church, VA
WebsiteHdr · item Jwww.creativecauldron.org
Year of formationHdr · item L2002
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A25)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Founder/Producing Director
$62,204Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Laura Conners Hull’s $72K as Ex-Officio/Founding Artistic Director is at the 13th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Laura Conners Hull$72,050$69,744$67,915$65,759$62,204$62,331
Elizabeth Meade$36,565$52,000$40,384$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $391K of program spending, described in the organization's own filed words · FY2021.
01

Educational Arts Programs

Programs were offered virtually in winter and spring and in person in the fall. Workshops included Learning Theater Studios for youth, the Learning Theater Ensemble and Musical Theater Training Ensemble, as well as adult classes in acting and visual art, six Arts Adventure Camps exploring the performing and visual arts and private voice…

$167Kprogram expense
02

Producing Theater

Hybrid programming in 2021 included 88 live performances attended by 3,970 patrons and 13 streamed performances watched by 3,047 households (estimated 6,094 patrons). Live performances included 12 outdoor performances of "Always Patsy ClineX and 3 performances of "Daddy Long Legs".

$126Kprogram expense
03

Presenting

Creative Cauldron presented 20 in-person concerts and cabarets serving 931 patrons, and 20 streamed performances reaching 1,829 households (estimated 3,678 patrons). These included our "Passport to the World of Music" annual series that features music from around the globe, a summer concert and a holiday cabaret series.

$98Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$248K · 45%
Contributions & grants$239K · 44%
Other revenue$58K · 11%
Program service revenue45%$248K
Contributions & grants44%$239K
Other revenue11%$58K
Investment income$22
— government grantsLn 1e$84K
Total revenueLn 12$546K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.22 Fundraising $0.03
Program services75%$391K
Management & general22%$115K
Fundraising3%$17K
Total functional expensesLn 25$524K

Balance Sheet

Part X · end of year
CashLn 1$282K
Total assetsLn 16$490K
Total liabilitiesLn 26$327K
Total net assetsLn 32$163K
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $282K · Operating expenses (Pt IX) $524K · Less non-cash grants $700 · Cash operating expenses/yr $523K
6.5 months
Where the money goes
Program services
Program services $391K · Total expenses $524K
75%
Management & General
Management & general $115K · Total expenses $524K
22%
Fundraising
Fundraising $17K · Total expenses $524K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $18K · Solicited contributions (2-yr avg) $176K
$0.10 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $239K · Total revenue $546K
44%
Government reliance
Government grants $84K · Total revenue $546K
15%
Earned-income share
Program service revenue $248K · Total revenue $546K
45%
Investment reliance
Investment income $22 · Total revenue $546K
<0.01%
Program self-sufficiency
Program service revenue $248K · Total expenses $524K
47%
Growth & trend
Revenue growth (YoY)
This year $546K · Prior year $550K
-0.7%
Net-asset trend (YoY)
End of year $163K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $546K · Expenses $524K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $490K
Net-asset ratio
Net assets $163K · Total assets $490K
33%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $490K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura Conners Hull · Reported title Founder/producing director · Highest reported compensation $62K · Total expenses $524K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $330K · Total expenses $524K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 22%
Fundraising cost ratio 7%
Revenue growth -0.7%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$980K revenue · ⤓ 990 PDF
FY2022$883K revenue · ⤓ 990 PDF
FY2021$546K revenue · viewing · ⤓ 990 PDF
FY2020$550K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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