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

Creative Cauldron INC FY2024 filing

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Offers arts workshops and presents theater and music performances for all ages. For fiscal year 2024 it reported $1.4M in revenue, $1.0M in expenses, and $560K 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 (2020–2024)
Revenue
$1.4MFY2024
Expenses
$1.0M
Net assets
$560K
People
21
Filings
6
Updates
0
More identity details & actions ⌄
EIN  31-1816020 Public charity (501(c)(3)) Falls Church, VA Founded 2002
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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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 · Ex-Officio/Founding Artistic Director · $70K
Money in and out
$1.4M revenue, $1.0M expenses
Bottom line
77% program efficiency
Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$560K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $352K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.18 Fundraising $0.05
Program efficiency
77%
of spending reaches programs
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▲ +42%
Expenses
$1.0M
FY2024▲ +5%
Total assets
$2.0M
FY2024▲ +43%
Total liabilities
$1.4M
FY2024▲ +20%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$560K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$352K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services account for $799K of program spending, described in the organization's own filed words · FY2024.
01

Producing Theater

In 2024 Creative Cauldron produced seven shows: Working, The Princess and the Pea, Chicks in Heaven, The Bubbly Black Girl Sheds her Chamelon Skin, Sondheim Tribute Review, Alice in Wonderland, and Madelines Christmas, for a total of 116 performances attended by 7,122 patrons live and 84 livestreamed.

$393Kprogram expense
02

Educational Arts Programs

Creative Cauldron offered 6 sessions of Arts Adventure Camps in the performing and visual arts. Scholarships were available to students with financial need. Workshop offerings included Learning Theater Studios for youth, the Learning Theater and Musical Theater Ensemble, Comics and Cartooning, and on-line classes in visual arts and…

$291Kprogram expense
03

Presenting

In 2024, Creative Cauldron presented our annual Passport Music Festival, Summer Concert Series and Holiday cabarets. 39 concerts representing diverse musical genres were offered and 2,182 patrons attended live and 225 live streamed.

$115Kprogram expense

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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 1a17
Independent voting membersPt VI · Ln 1b17
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
Ex-Officio/Founding Artistic Director
$69,744Pt VII · Sec A
Ex-Officio/Development Director
$52,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$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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Statement of Revenue

Part VIII
Contributions & grants$892K · 64%
Program service revenue$466K · 34%
Other revenue$24K · 2%
Contributions & grants64%$892K
Program service revenue34%$466K
Other revenue2%$24K
Investment income$6K
— government grantsLn 1e$106K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.18 Fundraising $0.05
Program services77%$799K
Management & general18%$185K
Fundraising5%$52K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$406K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$1.4M
Total net assetsLn 32$560K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $406K · Operating expenses (Pt IX) $1.0M · Less non-cash grants $15K · Cash operating expenses/yr $1.0M
4.8 months
Where the money goes
Program services
Program services $799K · Total expenses $1.0M
77%
Management & General
Management & general $185K · Total expenses $1.0M
18%
Fundraising
Fundraising $52K · Total expenses $1.0M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $44K · Solicited contributions (3-yr avg) $486K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $892K · Total revenue $1.4M
64%
Government reliance
Government grants $106K · Total revenue $1.4M
8%
Earned-income share
Program service revenue $466K · Total revenue $1.4M
34%
Investment reliance
Investment income $6K · Total revenue $1.4M
+0.5%
Program self-sufficiency
Program service revenue $466K · Total expenses $1.0M
45%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $980K
+42%
Revenue CAGR
FY2020 $550K · FY2024 $1.4M
+26%
Net-asset trend (YoY)
End of year $560K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.0M
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $560K · Total assets $2.0M
29%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura Conners Hull · Reported title Ex-officio/Founding Artistic Director · Highest reported compensation $70K · Total expenses $1.0M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $655K · Total expenses $1.0M
63%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 18%
Fundraising cost ratio 6%
Revenue growth 42%
Accounting fee ratio 1%

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 · viewing · ⤓ 990 PDF
FY2023$980K revenue · ⤓ 990 PDF
FY2022$883K revenue · ⤓ 990 PDF
FY2021$546K revenue · ⤓ 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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