Overview
What is Creative Tech Alliance?
The Creative Tech Alliance, based in Minneapolis, Minnesota, is a nonprofit organization committed to supporting creative technology entrepreneurs at the forefront of art and technology. They achieve this by offering a fiscal sponsorship program that enrolls projects like Game Devs of Color Expo and Galaxy Fund. Game Devs of Color Expo amplifies the creative power of individuals of color in the gaming industry through revolutionary events, community engagement, and access to knowledge, funding, and opportunities. Galaxy Fund, on the other hand, is a prototype grant focused on the earliest stage of development, providing unrestricted funding for founders to use as they see fit. The Creative Tech Alliance further supports its mission through real estate development and public engagement programming, aiming to create equitable, community-led spaces for minority entrepreneurs in the field of art and technology.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Creative Tech Alliance has received an 80% overall score from Charity Navigator, which translates to a Three-Star rating. This score reflects strong performance in accountability and finance, indicating that the organization maintains a high standard of financial health and transparency in its operations.
The nonprofit boasts a fully independent board, with 10 out of 10 members meeting the criteria for independence. Additionally, it has demonstrated solid governance practices, such as having no material diversion of assets and actively documenting board meeting minutes. Its program expense ratio is notably high at 91.06%, suggesting that the majority of its expenditures are directed towards its core mission.
While the organization has excelled in various metrics, the overall score is solely derived from accountability and finance, indicating a potential lack of broader impact metrics available for evaluation. Nonetheless, the strong financial ratios and governance practices reflect a commitment to responsible management and ethical operations.
This AI summary has been generated from information found on Charity Navigator.
Is Creative Tech Alliance legitimate?
Creative Tech Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creative Tech Alliance 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:
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What is the mission statement of Creative Tech Alliance?
The Creative Technology Alliance is committed to supporting innovative entrepreneurs at the intersection of art and technology. They accomplish this mission through a combination of real estate development and public engagement programming. The organization's primary goal is to create equitable, community-led spaces, specifically designed for minority entrepreneurs who are leading the way in this field. Their initiatives aim to foster a supportive environment where these visionaries can thrive and make significant contributions to the world of art and technology.
Who is the CEO of Creative Tech Alliance?
Nicolaas Vanmeerten is the Treasurer of Creative Tech Alliance.
What is the revenue of Creative Tech Alliance?
Creative Tech Alliance's revenue in 2022 was $536,664.
Who are the executives of Creative Tech Alliance and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Creative Tech Alliance?
Creative Tech Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Creative Tech Alliance
The Creative Tech Alliance is an organization committed to supporting creative technology entrepreneurs who are pioneering at the intersection of art and technology. Their mission is to facilitate this goal through real estate development and public engagement programming, with the aim of establishing equitable, community-led spaces for these minority innovators. By doing so, the Alliance seeks to foster an inclusive environment where these entrepreneurs can thrive and make significant contributions to the field.
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Impact
July, 2024
Creative Tech Alliance's impact can be seen through its dedication to supporting creative technology entrepreneurs at the forefront of art and technology. By facilitating real estate development and public engagement programming, the organization is actively creating equitable, community-led spaces for minority entrepreneurs in this innovative field. Through initiatives like the Game Devs of Color Expo and the Galaxy Fund, Creative Tech Alliance is amplifying the creative power of people of color in the realm of games and providing crucial early-stage funding for founders to pursue their visions without restrictions. This hands-on approach is not only empowering individuals but also fostering a vibrant and inclusive community within the art and technology sector.
This information is meant to be a general summary of Creative Tech Alliance. 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: $22
- Program Service Revenue: $44,837
- Gross Receipts: $536,664
Assets and Liabilities:
- Total Assets: $138,099
- Total Liabilities: $44,274
- Net Assets: $93,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$44,837
Organization Details
Founding Year
2015
Phone
(651) 339-2871Principal Officer
Nicolaas Vanmeerten
Main Address
2829 UNIVERSITY AVENUE SE SUITE 745, MINNEAPOLIS, MN, 55414
NTEE Category
Code: A99 - Arts
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