Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
3 people listed on the 990; $41K paid to officers and key staff.
Garin Hovannisian’s $41K as President is at the 37th percentile of top reported officer pay among 1636 $100K–1M international 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Garin Hovannisian | $40,625 | $48,750 | $97,500 | $97,500 | $97,500 | $82,500 |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Nurtures emerging talent in film, music, and all arts by supporting creative artists.
Questions for Creative Armenia
Your first name shows with your question. Creative Armenia answers here, for everyone.
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Artist Promotion
A program of support for more than a hundred artists who belong to the creative armenia network. The program includes grants called spark grants, as well as a variety of other promotional and career growth benefits.
Program by which filmmakers, musicians, and other artists raise interest and funds for their creative projects.
East-West Residency
A creative residency for cutting-edge artists.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $49K | $166K |
| Total assetsLn 16 | $49K | $166K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $49K | $166K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $141K | $141K | ||
| Pay of current officers, directors and key staffLn 5 | $41K | $30K | $10K | |
| Payroll taxesLn 10 | $3K | $2K | $805 | |
| Accounting feesLn 11c | $6K | $6K | ||
| Other fees for servicesLn 11g | $49K | $49K | ||
| Office expensesLn 13 | $13K | $11K | $3K | $136 |
| Information technologyLn 14 | $789 | $789 | ||
| Other expenses (24a–d)Ln 24 | $14K | $11K | $2K | |
| Total functional expensesLn 25 | $267K | $245K | $22K | $136 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $385K | $267K | $117K | $166K | 990 PDF |
| FY2024 | $82K | $134K | −$52K | $49K | 990 PDF |
| FY2023 | $67K | $272K | −$206K | $101K | 990 PDF |
| FY2022 | $212K | $259K | −$48K | $307K | 990 PDF |
| FY2021 | $721K | $694K | $27K | $354K | 990 PDF |
| FY2020 | $253K | $249K | $4K | $328K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $384,512 revenue, 12 lines filed
Part VI · Governance 2 of 3 board members independent, 2 to look at
Part VIII · Statement of revenue $384,512 across 3 lines filed
Part IX · Statement of functional expenses $267,380 across 8 lines filed
Part X · Balance sheet $166,475 assets, 5 lines filed
Part XI · Reconciliation of net assets $166,475 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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