The Creative Gift Foundation INC

IRS exemption revoked

Orlando, FL501(c)(3)EIN 59-2344000

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990-PF
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $4K a year · 16% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
990-PF Pt I · 3 filings
Cash reserves
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$333
0.08% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19K
-38% vs prior year
Spent
$28K
Net assets
$405K
By yearFY2020–FY2022
Revenue
$19K
FY2022▼ -38%
Revenue by fiscal year
FY2020$23K
FY2021$30K
FY2022$19K
Expenses
$28K
FY2022▲ +103%
Expenses by fiscal year
FY2020$43K
FY2021$14K
FY2022$28K
Net assets
$405K
FY2022▼ -2%
Net assets by fiscal year
FY2020$397K
FY2021$414K
FY2022$405K

From the FY2022 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Mar 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 80% · $22K Operating & administrative 20% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
Pres/Treasurer
$0Pt VII · Sec A
VP/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Creative Gift Foundation INC executive salaries →

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Programs and updates

A private foundation based in Orlando, FL.

Provided by the organization

This section is blank until The Creative Gift Foundation INC claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 4 grants · $22K · 2022–2022
Lambs Players TheatreCA · FY2022$10,000
The Taproot TheatreWA · FY2022$5,000
Fusionfest INCFL · FY2022$5,000
Applied Theatre Center INCSC · FY2022$1,895

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV4
Average grantPart XV$5K
Median grantPart XV$5K
Largest grantPart XV$10K
Top cause focusNTEEArts & Culture (75%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$19K
Investment income$19K
Money out
$28K
Grants paid$22K
Running costs$6K
Owns and owes
$405K
net assets
Cash and savings$17K
Total assets$405K
Liabilities$333
People
3
listed
Paid0
2In more detail
Revenue in detail
Investment income$19K
Total revenue$19K
Assets in detailEnd of year
Cash and savings together$17K
Total assets$405K
Liabilities$333
Net assets$405K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $19K$28K−$9K$405K 990 PDF
FY2021 $30K$14K$17K$414K 990 PDF
FY2020 $23K$43K−$19K$397K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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