Transformative Culture Project INC EIN 80-0214659

Transformative Culture Project INC

EIN  80-0214659 Public charity (501(c)(3)) Uphams Corner, MA
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Size
$100K–1M
What they do
Empowers artists and students through creative programs, career development, and community support.
Leadership
Letia Larok Knight · Executive Director · $77K
Money in and out
$437K revenue, $248K expenses
Bottom line
82% program efficiency

Empowers artists and students through creative programs, career development, and community support. For fiscal year 2025 it reported $437K in revenue, $248K in expenses, and $331K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$437K
Pt VIII · Ln 12
Total expenses
$248K
Pt IX · Ln 25
Net assets
$331K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $189K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.14 Fundraising $0.04
Program efficiency
82%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
12.6mo
months of highly liquid reserves at operating expense rate▲ +19% vs prior filing year
Surplus margin
+43%
revenue over expenses, this year▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$437K
FY2025▲ +56%
Expenses
$248K
FY2025▲ +55%
Total assets
$336K
FY2025▲ +136%
Total liabilities
$5K
FY2025
Total revenue
$437K
Pt VIII · Ln 12
Total expenses
$248K
Pt IX · Ln 25
Net assets
$331K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$189K
Total assetsPt X · Ln 16$336K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $203K of program spending, described in the organization's own filed words · FY2024.
01

Our beyond creative program is a full-service media agency through which youth participate in paid, career-oriented training. In addition to technical, artistic, and career training, youth receive holistic wrap-around supports to build resilience from their often traumatic experiences.

$203Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTransformative Culture Project INC
EINHdr · item D80-0214659
Principal addressHdr · item CUphams Corner, MA
WebsiteHdr · item Jtcproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A31)
Ruling yearIRS BMFJan 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$77,497Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Fundraising Chair/Former E
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Letia Larok Knight’s $77K as Executive Director is at the 73rd percentile of top reported officer pay among 2213 $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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Letia Larok Knight$77,497$62,500$56,479
Aziza Goodnight Robinson$46,192
Letia Larock$34,928

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$397K · 91%
Program service revenue$39K · 9%
Contributions & grants91%$397K
Program service revenue9%$39K
— government grantsLn 1e$62K
Total revenueLn 12$437K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.14 Fundraising $0.04
Program services82%$203K
Management & general14%$34K
Fundraising4%$11K
Total functional expensesLn 25$248K

Balance Sheet

Part X · end of year
CashLn 1$261K
Total assetsLn 16$336K
Total liabilitiesLn 26$5K
Total net assetsLn 32$331K
Months of cash on handcomputed12.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $261K · Operating expenses/yr $248K
12.6 months
Where the money goes
Program services
Program services $203K · Total expenses $248K
82%
Management & General
Management & general $34K · Total expenses $248K
14%
Fundraising
Fundraising $11K · Total expenses $248K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $213K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $397K · Total revenue $437K
91%
Government reliance
Government grants $62K · Total revenue $437K
14%
Earned-income share
Program service revenue $39K · Total revenue $437K
9%
Investment reliance
Investment income $0 · Total revenue $437K
0%
Program self-sufficiency
Program service revenue $39K · Total expenses $248K
16%
Growth & trend
Revenue growth (YoY)
This year $437K · Prior year $279K
+56%
Revenue CAGR
FY2020 $185K · FY2024 $437K
+24%
Net-asset trend (YoY)
End of year $331K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $437K · Expenses $248K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $336K
Net-asset ratio
Net assets $331K · Total assets $336K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $336K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Letia Larok Knight · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $77K · Total expenses $248K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $98K · Total expenses $248K
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 14%
Fundraising cost ratio 3%
Revenue growth 56%
Accounting fee ratio 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
Edvestors INCFY2024$6K
Total grants receivedfrom 4 funders$76K
See all 4 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)$437K revenue · viewing · ⤓ 990 PDF
FY2024$279K revenue · ⤓ 990 PDF
FY2023$193K revenue · ⤓ 990 PDF
FY2022$197K revenue · ⤓ 990 PDF
FY2021$185K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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