Create Wisconsin INC EIN 39-1763871 Form 990 (PDF) Claim this org

Create Wisconsin INC FY2024 filing

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Enriching people and communities through cultural development in Wisconsin. For fiscal year 2024 it reported $271K in revenue, $238K in expenses, and $-156K in net assets.Pt I

Founded
1993
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Madison, WI
Website
createwisconsin.org
Filings
5 on file (2020–2024)
Revenue
$271KFY2024
Expenses
$238K
Net assets
$-156K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  39-1763871 Public charity (501(c)(3)) Madison, WI Founded 1993
Form 990 (PDF)
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Size
$100K–1M
What they do
Enriching people and communities through cultural development in Wisconsin.
Leadership
Anne Katz · Executive Dir. · $62K
Money in and out
$271K revenue, $238K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$271K
Pt VIII · Ln 12
Total expenses
$238K
Pt IX · Ln 25
Net assets
$-156K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $33K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$271K
FY2024▼ -40%
Expenses
$238K
FY2024▼ -61%
Total assets
$28K
FY2024▲ +164%
Total liabilities
$183K
FY2024▼ -8%
Total revenue
$271K
Pt VIII · Ln 12
Total expenses
$238K
Pt IX · Ln 25
Net assets
$-156K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$28K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreate Wisconsin INC
EINHdr · item D39-1763871
Principal addressHdr · item CMadison, WI
WebsiteHdr · item Jcreatewisconsin.org
Year of formationHdr · item L1993
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A99Z)
Ruling yearIRS BMFJun 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$61,667Pt VII · Sec A
Artist & Entrep
$0Pt VII · Sec A
Professor
$0Pt VII · Sec A
Events & Promot
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Deputy Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Anne Katz’s $70K as Executive Dir. is at the 64th percentile of top reported officer pay among 2216 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Anne Katz$70,000$61,667$70,417$60,000$60,000$57,500

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 $219K of program spending, described in the organization's own filed words · FY2023.
01

Create wisconsin's technical assistance, training, and education services provide professional, leadership, management, and entrepreneurial development for wisconsin's arts sector through conferences, workshops, and GATHERINGS.CREATE wisconsin's information and research services provide data about and resources for wisconsin's art sector.

$145Kprogram expense
02

Create wisconsin's advocacy and visibility for the arts services speak up for and promote the arts as part of the economic, educational, and civic solution for wisconsin's future.

$75Kprogram expense
03

Wisconsin arts, business, education,government, political, and civic leaders and supportors people who care about wisconsin's future, spoke up for the arts and creativity throughout wisconsin, on arts day in march.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$236K · 87%
Program service revenue$34K · 12%
Contributions & grants87%$236K
Program service revenue12%$34K
Investment income$676
— government grantsLn 1e$12K
Total revenueLn 12$271K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$219K
Management & general8%$19K
Total functional expensesLn 25$238K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$28K
Total liabilitiesLn 26$183K
Total net assetsLn 32$-156K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $17K · Operating expenses/yr $238K
0.8 months
Where the money goes
Program services
Program services $219K · Total expenses $238K
92%
Management & General
Management & general $19K · Total expenses $238K
8%
Fundraising
Fundraising $0 · Total expenses $238K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $264K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $236K · Total revenue $271K
87%
Government reliance
Government grants $12K · Total revenue $271K
4%
Earned-income share
Program service revenue $34K · Total revenue $271K
12%
Investment reliance
Investment income $676 · Total revenue $271K
+0.2%
Program self-sufficiency
Program service revenue $34K · Total expenses $238K
14%
Growth & trend
Revenue growth (YoY)
This year $271K · Prior year $454K
-40%
Revenue CAGR
FY2019 $109K · FY2023 $271K
+26%
Net-asset trend (YoY)
End of year $-156K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $271K · Expenses $238K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $28K
Net-asset ratio
Net assets $-156K · Total assets $28K
-566%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $28K
0%
People & payroll
Highest Reported Total Compensation
Individual Anne Katz · Reported title Executive Dir. · Highest reported compensation $62K · Total expenses $238K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $66K · Total expenses $238K
28%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth -40%
Investment management fee ratio 0.04%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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 · FY2025
Max Fund INCFY2025$360
Total grants receivedfrom 3 funders$61K
See all 3 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
FY2024$271K revenue · viewing · ⤓ 990 PDF
FY2023$454K revenue · ⤓ 990 PDF
FY2022$377K revenue · ⤓ 990 PDF
FY2021$164K revenue · ⤓ 990 PDF
FY2020$109K 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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