KC CREATES INC

EIN: 043810756 501(c)(3)

KANSAS CITY, MO

Total Revenue
$863,992
Total Expenses
$432,042
Total Assets
$9,394
Net Assets
$-79,969
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MO
Principal Officer
Mark Connaroe
Phone
8165164750
Tax Period
2019-07-01 to 2020-06-30

KC CREATES INC, founded in 2006, is a small nonprofit that reported $864K in total revenue in fiscal year 2019. Revenue fell 58% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $432K, a strong 50% operating margin.

Mission

OUR MISSION IS TO ATTRACT DIVERSE PEOPLE, NURTURE ARTISTS, AND STRENGTHEN THE KANSAS CITY ECONOMICALLY THROUGH PRODUCING EDUCATIONAL, CULTURAL, ACCESSIBLE, AND AFFORDABLE EVENTS THAT CONNECT AUDIENCES, ARTISTS, BUSINESSES, AND CIVIC ORGANIZATIONS. WE ARE COMMITTED TO FOSTERING AN INCLUSIVE ARTS COMMUNITY, PROVIDING OPPORTUNITIES FOR ARTISTS, FROM EMERGING TO ESTABLISHED, TO SHARE THEIR WORK, AND CELEBRATING ARTISTIC EXPRESSION.

Program Service Accomplishments

Program 1
Expenses: $224,147 Revenue: $172,033

KANSAS CITY FRINGE, ANNUAL COMMUNITY BASED FESTIVAL HIGHLIGHTING PERFORMING ARTS. In its 17th year, the Fringe is an 11-day explosion of performing and visual arts. It is the single largest...

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KANSAS CITY FRINGE, ANNUAL COMMUNITY BASED FESTIVAL HIGHLIGHTING PERFORMING ARTS. In its 17th year, the Fringe is an 11-day explosion of performing and visual arts. It is the single largest celebration of arts and culture in the Kansas City metropolitan area. Since its inception, total attendance at the Festival is estimated at more than 250,000. In 2019, there were more than 400 individual performances and events featuring 75 artists or groups in nearly every artistic genre. The Festival provides a platform for performing artists to test new work. It fosters innovation, experimentation, and collaboration among artists and genres. In addition to the main Festival program, there are youth and teen events;YOUth and Teen Fringe provide free, family-friendly events for children, teens and families. Fringe Presents is a curated theatrical event that brings original, challenging, contemporary theater to area audiences, from both US and international artists. This event features thought-provoking, timely, relevant subjects that often address social issues such as race, mental health, and poverty, that can be hard to discuss.

Program 2
Expenses: $138,995 Revenue: $7,200

OPEN SPACES, CITY-WIDE ARTS FESTIVAL HELD IN AUGUST-OCTOBER 2018. Activities for 2019-20 included finishing off the financial activities. Built on the model of Prospect New Orleans and many European...

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OPEN SPACES, CITY-WIDE ARTS FESTIVAL HELD IN AUGUST-OCTOBER 2018. Activities for 2019-20 included finishing off the financial activities. Built on the model of Prospect New Orleans and many European biennales, Open Spaces is a new and unique public-philanthropic partnership between KC Creates and the City of Kansas City, Missouri, and private donors and foundations. The inaugural event consisted of multiple large-scale visual art installations by regional, national, and internationally recognized artists. Envisioned by Mayor Sly James, the Festival was geared towards addressing some of the geographic and cultural divides in our community. For nine weeks, in paces both familiar and new, in parks and urban spaces, in galleries, performance halls, and outdoor stages, Open Spaces transformed Kansas City into a living cultural tapestry into which the best of the world's collective imagination was woven. Nearly 100,000 Kansas Citians took part in the 2018 events.

Program 3
Expenses: $-437 Revenue: $-139

WATERFIRE, A FREE OUTDOOR FESTIVAL OF MUSIC AND PERFORMING ARTS ON THE WATER. ACCOUNTING FOR THE 2019 EVENT WAS MOVED TO KC WATERFIRE. The event is a celebration of art with over 50 sparkling...

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WATERFIRE, A FREE OUTDOOR FESTIVAL OF MUSIC AND PERFORMING ARTS ON THE WATER. ACCOUNTING FOR THE 2019 EVENT WAS MOVED TO KC WATERFIRE. The event is a celebration of art with over 50 sparkling bonfires that float in Brush Creek through the Country Club Plaza, sintered by the award-winning art installation by Barnaby Evans. The fragrant wood smoke, the flickering firelight on the arched bridges, and the enchanting music from around the world engage all the senses of those who stroll the banks of Brush Creek. The urban landscape becomes a living work of art, and integrates live music, dance, and fire performances in the Dark. For many attendees, WaterFire is their first experience of "art." Kansas City is one of only three cities in the world where this inspirational art installation can be experienced. Over 100,000 people have participated in this free event since it started in Kansas City in 2009.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $486,086
Program Service Revenue $377,893
Investment Income $13
Other Revenue $0
TOTAL REVENUE $863,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,754
Fundraising Expenses $537
Program Expenses $362,705
Other Expenses $393,288
TOTAL EXPENSES $432,042

Year-over-Year Comparison

2019 2018 Change
Revenue $863,992 $2,046,324 -0.6%
Expenses $432,042 $2,871,656 -0.8%
Net Income $431,950 $-825,332 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$6,864
Total Directors
9
$42,864
Key Employees
1
$36,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL L KIMMI EXECUTIVE DIRECTOR 40
Director Key Emp Highest
$36,000 $0 $36,000
DIANA ARGANBRIGHT SECRETARY 10
Officer Director
$6,864 $0 $6,864
TRUDIE HOMAN TREASURER 1
Officer Director
$0 $0 $0
MARK CONNEROE PRESIDENT 1
Officer Director
$0 $0 $0
KATHERINE HOLLAND-FOX DIRECTOR 1
Officer Director
$0 $0 $0
DON DAGENAIS DIRECTOR 1
Director
$0 $0 $0
STACY JOHNSON-COSBY DIRECTOR 1
Director
$0 $0 $0
STEPHANIE ROBERTS DIRECTOR 1
Director
$0 $0 $0
DAVE WOOD DIRECTOR 1
Director
$0 $0 $0
ROBERT MCINTYRE VICE PRESIDENT 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $863,992 $432,042 $9,394 $431,950
2019 $2,046,324 $2,871,656 $17,797 $-825,332
2018 $2,176,599 $1,805,056 $814,235 $371,543
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