Overview
What is Center For Creative Economy?
The Center for Creative Economy is a nonprofit organization situated in Winston-Salem, North Carolina. Its primary mission is to foster and support creative entrepreneurs and business owners, aiming to establish Winston-Salem as a thriving hub for creative ventures. The organization accomplishes this through its Velocity Accelerator program, which has been running for six consecutive years, including the last three under the new brand. This program offers a comprehensive curriculum for serious entrepreneurs, focusing on business skills, financial analysis, marketing strategies, and investor strategies. Participants work with experienced mentors and engage in workshops, culminating in a pitch competition for seed stage investment. The Center for Creative Economy's vision is to be recognized as a leading economic development organization that strengthens the creative economy and community in Winston-Salem, the Triad, North Carolina, and the Southeast region.
Is Center For Creative Economy legitimate?
Center For Creative Economy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Creative Economy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $77,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,345
For more financial information, click here
What is the mission statement of Center For Creative Economy?
The Center for Creative Economy's mission is to promote and foster the growth of creative entrepreneurs and business owners. Their vision is to establish the organization as a leading economic development entity, contributing to the development of the creative economy and community on a regional scale, extending beyond Winston-Salem, North Carolina, to the Southeast region. The Center aims to attract creatives to set up businesses in the area and establish Winston-Salem as a hub and market for creative enterprises. By doing so, it aspires to become a premier organization that actively builds and nurtures the creative economy and community.
Who is the CEO of Center For Creative Economy?
Margaret Collins is the Executive Di of Center For Creative Economy.
What is the revenue of Center For Creative Economy?
Center For Creative Economy's revenue in 2022 was $249,947.
Who are the executives of Center For Creative Economy and what are their salaries?
The average compensation at Center For Creative Economy during 2022 was $28,336. There are 6 employees and 65 volunteers at Center For Creative Economy.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Center For Creative Economy?
Center For Creative Economy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center For Creative Economy
The Center for Creative Economy is committed to launching, growing, and accelerating creative entrepreneurs and business owners. Their vision is to establish Winston-Salem and the surrounding regions as a premier location for creatives, both for learning artistic skills and setting up creative enterprises. The Center aims to be recognized as a leading economic development organization, actively building the creative economy and community in Winston-Salem, the Triad, North Carolina, and the Southeast region.
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Impact
October, 2024
The Center for Creative Economy significantly impacts the growth and vibrancy of creative entrepreneurship in Winston-Salem and the broader Southeast region. Through its innovative Velocity Accelerator program, it provides a comprehensive 10-week curriculum designed for serious creative entrepreneurs. This program offers intensive business skills training, mentorship, and resources tailored to the unique challenges faced by creative businesses.
Participants engage in a hybrid learning format that combines online and in-person sessions, allowing them to critically analyze their business models, marketing strategies, and financials while honing their entrepreneurial mindset. The program culminates in Velocity Week, a dynamic experience that includes workshops, personalized mentoring, and a public demo day, which not only showcases the work of participants but also fosters community engagement and support.
By cultivating a supportive ecosystem for creatives, the Center for Creative Economy positions Winston-Salem as a desirable hub for artistic professionals to launch and grow their businesses. Its commitment to empowering entrepreneurs has the potential to create a robust creative economy, attracting talent and investment into the region and enhancing the local community's cultural and economic landscape. Overall, the Center plays a crucial role in fostering a vibrant creative community that stimulates innovation, collaboration, and economic growth.
This information is meant to be a general summary of Center For Creative Economy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,439
- Program Service Revenue: $8,615
- Gross Receipts: $271,877
Assets and Liabilities:
- Total Assets: $203,616
- Total Liabilities: $88,700
- Net Assets: $114,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$8,615
Organization Details
Founding Year
2011
Phone
(336) 580-1037Principal Officer
Margaret Collins
Main Address
5212 CEDARWOOD CREEK DRIVE, WINSTONSALEM, NC, 27104
NTEE Category
Code: S30 - Community improvement
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