Create Now INC EIN 95-4590574

Create Now INC FY2023 filing

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Offers arts programs and mentorship to youth facing homelessness or other challenges. For fiscal year 2023 it reported $390K in revenue, $318K in expenses, and $139K in net assets.Pt I

Founded
1996
Type
Public charity (501(c)(3)) · Education
Location
Los Angeles, CA
Website
createnow.org
Filings
4 on file (2021–2023)
Revenue
$390KFY2023
Expenses
$318K
Net assets
$139K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  95-4590574 Public charity (501(c)(3)) Los Angeles, CA Founded 1996
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers arts programs and mentorship to youth facing homelessness or other challenges.
Leadership
Brandon Johnson · CEO · $60K
Money in and out
$390K revenue, $318K expenses
Bottom line
78% program efficiency
Where the money goes · FY2023
Total revenue
$390K
Pt VIII · Ln 12
Total expenses
$318K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $72K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.10 Fundraising $0.12
Program efficiency
78%
of spending reaches programs
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$390K
FY2023▲ +13%
Expenses
$318K
FY2023▼ -12%
Total assets
$146K
FY2023▲ +91%
Total liabilities
$7K
FY2023▼ -25%
Total revenue
$390K
Pt VIII · Ln 12
Total expenses
$318K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$72K
Total assetsPt X · Ln 16$146K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $106K of program spending, described in the organization's own filed words · FY2022.
01

Funded Programming

We provide comprehensive arts classes to students in Title 1 schools throughout the region. We work with LAUSD and charter systems to bring programming to students from Pre-K through 12th grade. Our school-based programs include music programs, graphic design, writing, visual arts, and so much more.

$73Kprogram expense
02

Community Projects & Events

Several times per year we bring together families for festivals and holiday celebrations. Our events feature opportunities to enjoy art and performances, games, food, and lasting gifts for all children.

$26Kprogram expense
03

Cultural Journeys

Each year we take thousands of children (our students and program participants of partner agencies) to excursions such as, concerts, plays, circuses, museums, film studios tours. Many of these excursions are hosted by premier venues - Hollywood Bowl, Cirque du Soleil, Walt Disney Concert Hall, and LACMA.

$6Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreate Now INC
EINHdr · item D95-4590574
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jcreatenow.org
Year of formationHdr · item L1996
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFOct 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 (FY2022); the FY2023 filing did not itemize Part VII
$59,691Pt VII · Sec A
Director, Board Chair
$0Pt VII · Sec A
Director, Vice-Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Brandon Johnson’s $64K as CEO is at the 56th percentile of top reported officer pay among 1616 $100K–1M education 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

NameFY2024FY2024FY2023FY2022FY2021
Brandon Johnson$64,000
Brandon Johnson$64,000$59,691$63,984
Jill Gurr$42,672

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$369K · 95%
Program service revenue$21K · 5%
Contributions & grants95%$369K
Program service revenue5%$21K
Total revenueLn 12$390K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.10 Fundraising $0.12
Program services78%$250K
Management & general10%$32K
Fundraising12%$37K
Total functional expensesLn 25$318K

Balance Sheet

Part X · end of year
CashLn 1$146K
Total assetsLn 16$146K
Total liabilitiesLn 26$7K
Total net assetsLn 32$139K
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $146K · Operating expenses/yr $318K
5.5 months
Where the money goes
Program services
Program services $250K · Total expenses $318K
78%
Management & General
Management & general $32K · Total expenses $318K
10%
Fundraising
Fundraising $37K · Total expenses $318K
12%
Cost to raise $1
Fundraising expense (3-yr avg) $36K · Solicited contributions (3-yr avg) $300K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $369K · Total revenue $390K
95%
Government reliance
Government grants $0 · Total revenue $390K
0%
Earned-income share
Program service revenue $21K · Total revenue $390K
5%
Investment reliance
Investment income $0 · Total revenue $390K
0%
Program self-sufficiency
Program service revenue $21K · Total expenses $318K
7%
Growth & trend
Revenue growth (YoY)
This year $390K · Prior year $346K
+13%
Net-asset trend (YoY)
End of year $139K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $390K · Expenses $318K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $146K
Net-asset ratio
Net assets $139K · Total assets $146K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $146K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brandon Johnson · Reported title CEO · Highest reported compensation $60K · Total expenses $318K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $183K · Total expenses $318K
58%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 10%
Fundraising cost ratio 10%
Revenue growth 13%
Investment management fee ratio 0%
Legal fee ratio 0.03%
Accounting fee ratio 1%
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 · FY2024
See all 6 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$534K revenue · ⤓ 990 PDF
FY2023$390K revenue · viewing · ⤓ 990 PDF
FY2022$346K revenue · ⤓ 990 PDF
FY2021$315K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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