Overview
What is Cade Creativity Labs Inc?
Cade Creativity Labs Inc, situated in Gainesville, Florida, is a nonprofit organization dedicated to inspiring and equipping future innovators, entrepreneurs, and visionaries. Their primary activity involves operating the Cade Museum for Creativity and Innovation, a museum that showcases exhibits focusing on invention, creativity, and innovation. The museum, which opened to the public in May 2018, features both permanent and temporary exhibits. Interactive modules and kiosks are utilized as teaching tools to reinforce visitor learning experiences. The organization also hosts field trips, camps, and classes to further enhance the educational value of the museum. With a workforce of 66 individuals, Cade Creativity Labs Inc aims to inspire and empower communities through its innovative programming.
Official website here: www.cademuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Cade Creativity Labs Inc has earned a Three-Star rating due to its solid performance in accountability and finance with a score of 77%. This rating reflects the organization's commitment to transparency and proper governance, as evidenced by its independent board structure and comprehensive financial oversight mechanisms.
The organization demonstrates strengths in various areas, including having a majority of independent board members and maintaining robust financial statements with no noted material diversion of assets. Their governance policies, such as conflict of interest and whistleblower policies, are well-documented, showcasing their focus on ethical operations and accountability.
However, a notable limitation is the organization's liabilities to assets ratio, which scored 0 out of 15 points, indicating potential financial concerns that may affect its overall stability. Despite this, the program expense ratio is strong, suggesting that the majority of funds are directed towards its programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is Cade Creativity Labs Inc legitimate?
Cade Creativity Labs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cade Creativity Labs Inc 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: $108,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $845,130
For more financial information, click here
Official website here: www.cademuseum.org
What is the mission statement of Cade Creativity Labs Inc?
Cade Creativity Labs Inc's mission is centered around transforming communities by inspiring and equipping future inventors, entrepreneurs, and visionaries. They achieve this through the operation of the Cade Museum for Creativity and Invention, often referred to as "The Museum." The museum, which opened to the public in May 2018, features both permanent and temporary exhibits. Interactive modules and kiosks are utilized as teaching tools to reinforce the learning experiences for visitors. Apart from public visits, the museum also conducts field trips, camps, and classes to enhance the educational experience further.
Official website here: www.cademuseum.org
Who is the CEO of Cade Creativity Labs Inc?
Stephanie Bailes is the Chairperson of Cade Creativity Labs Inc.
Official website here: www.cademuseum.org
What is the revenue of Cade Creativity Labs Inc?
Cade Creativity Labs Inc's revenue in 2021 was $2,474,598.
Official website here: www.cademuseum.org
Who are the executives of Cade Creativity Labs Inc and what are their salaries?
The average compensation at Cade Creativity Labs Inc during 2021 was $14,455. There are 66 employees and 327 volunteers at Cade Creativity Labs Inc.
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Official website here: www.cademuseum.org
Where can I find the form 990 for Cade Creativity Labs Inc?
Cade Creativity Labs Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.cademuseum.org
Learn more at the official website: www.cademuseum.org
Mission Statement of Cade Creativity Labs Inc
Cade Creativity Labs Inc, a nonprofit organization, aims to transform communities by inspiring and equipping future inventors, entrepreneurs, and visionaries. They accomplish this mission through the operation of the Cade Museum for Creativity and Invention, commonly known as "The Museum." The museum, which opened to the public in May 2018, features both permanent and temporary exhibits. These exhibits utilize interactive modules and kiosks as teaching tools, allowing visitors to reinforce what they see, learn, and do.
In addition to the exhibits, Cade Creativity Labs Inc offers field trips, camps, and classes to enhance the learning experience at the museum. These educational programs provide hands-on opportunities for visitors to apply the concepts they've learned, fostering a deeper understanding of creativity and invention. By inspiring and equipping individuals with these skills, Cade Creativity Labs Inc aims to contribute to the growth and development of their communities.
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Impact
July, 2024
Cade Creativity Labs Inc, through the operation of the Cade Museum for Creativity and Invention, has a significant impact on inspiring and equipping future inventors, entrepreneurs, and visionaries. By offering interactive exhibits focusing on invention, creativity, and innovation, the museum serves as a hub for learning and exploration. Through field trips, camps, and classes, the organization enhances the educational experience and fosters creativity in individuals of all ages. This direct engagement with the community helps to transform mindsets and empower individuals to think creatively and innovate, thus contributing to the development of a more inventive and entrepreneurial society.
This information is meant to be a general summary of Cade Creativity Labs Inc. 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 2021.
- Investment Income: $20
- Program Service Revenue: $508,040
- Gross Receipts: $2,499,209
Assets and Liabilities:
- Total Assets: $12,320,065
- Total Liabilities: $9,992,183
- Net Assets: $2,327,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANT REVENUE
Revenue
$237,486
PROGRAMMING
Revenue
$152,736
MEMBERSHIP & ADMISSION
Revenue
$114,715
Organization Details
Founding Year
2016
Phone
(352) 371-8001Principal Officer
Stephanie Bailes
Main Address
904 S MAIN ST, GAINESVILLE, FL, 326017925
Website
www.cademuseum.orgNTEE Category
Code: A50 - Arts
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