ASSOCIATION FOR CREATIVE INDUSTRIES

EIN: 131496862

CHICAGO, IL

Total Revenue
$343,813
Total Expenses
$999,177
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
IL
Principal Officer
LEAH SIFFRINGER
Phone
2018351200
Tax Period
2021-01-01 to 2021-11-30

ASSOCIATION FOR CREATIVE INDUSTRIES, founded in 1955, is a small nonprofit that reported $344K in total revenue in fiscal year 2021. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $999K exceeded revenue, resulting in a 191% operating deficit.

Mission

TO STIMULATE THE SALES GROWTH OF THE CREATIVE ARTS PRODUCTS INDUSTRY WORLDWIDE

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $340,091
Investment Income $3,722
Other Revenue $0
TOTAL REVENUE $343,813

Expense Breakdown

Grants Paid $116,226
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $882,951
TOTAL EXPENSES $999,177

Year-over-Year Comparison

2021 2020 Change
Revenue $343,813 $1,716,627 -0.8%
Expenses $999,177 $2,212,395 -0.5%
Net Income $-655,364 $-495,768 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM SCATENA BOARD CHAIR 10.00
Officer Director
$0 $0 $0
JOE MCCLAIN VICE CHAIR 10.00
Officer Director
$0 $0 $0
JOSHUA BELT SECRETARY 5.00
Officer Director
$0 $0 $0
BRIGID ENGLISH TREASURER 5.00
Officer Director
$0 $0 $0
JIM THIELEN IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
BRADLEY BECK DIRECTOR 1.00
Director
$0 $0 $0
EDWARD GRIFFITH DIRECTOR 1.00
Director
$0 $0 $0
LAWRENCE HOFFMAN DIRECTOR 1.00
Director
$0 $0 $0
LISA KISER DIRECTOR 1.00
Director
$0 $0 $0
FARSHAD MELAMED DIRECTOR 1.00
Director
$0 $0 $0
URSULA MORGAN DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY SMITH DIRECTOR 1.00
Director
$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
2021 $343,813 $999,177 No data $-655,364
2020 $1,716,627 $2,212,395 $880,848 $-495,768
2019 $2,383,220 $2,086,585 $2,526,140 $296,635
2018 $3,891,018 $4,049,549 $3,338,019 $-158,531
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