CREATIVE MANY MICHIGAN INC (EIN 382537585) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

STEVE WILSON

Phone

3134835705

Tax Period

2019-10-01 to 2020-09-30

CREATIVE MANY MICHIGAN INC, founded in 1983, is a micro nonprofit that reported $6K in total revenue in fiscal year 2019. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $41K exceeded revenue, resulting in a 539% operating deficit.

Mission

CREATIVE MANY MICHIGAN IS THE STATEWIDE ORGANIZATION ADVANCING CREATIVE INDUSTRIES IN MICHIGAN. OUR MISSION IS TO "DEVELOP CREATIVE PEOPLE, CREATIVE PLACES, AND THE CREATIVE ECONOMY FOR A STRONG AND RESILIENT MICHIGAN." OUR PORTFOLIO OF WORK INCLUDES RESEARCH, ADVOCACY, AND PUBLIC POLICY, PROFESSIONAL PRACTICE DEVELOPMENT, INVESTMENT, AND MEDIA COMMUNICATIONS. WE RESEARCH AND ADVOCATE TO FRAME THE CREATIVE INDUSTRIES AND ARTS EDUCATION AS PRIORITIES FOR MICHIGAN, AND INTEGRAL TO THRIVING COMMUNITIES. WE EMPOWER AND INVEST IN CREATIVE PEOPLE - MICHIGAN'S CREATIVE MANY - THE FULL SPECTRUM OF ARTISTS, MAKERS, DESIGNERS, ARTS AND CULTURAL ORGANIZATIONS, ART EDUCATORS, CREATIVE ENTREPENEURS AND BUSINESSES WHO COMPRISE MICHIGAN'S CREATIVE INDUSTRIES. WE CONNECT THEM WITH RESOURCES, NEWORKS, FUNDING, AND OPPORTUNITIES TO DEVELOP THEIR CREATIVE PRACTICE. A POWERFUL FORCE FOR MICHIGAN, CREATIVE PEOPLE STIMULATE OUR CULTURE, COMMUNITIES AND ECONOMY. CREATIVE MANY IS THE DESIGNATED MICHIGAN REPRE

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $6,416

Program Service Revenue $10

Investment Income $6

Other Revenue $0

TOTAL REVENUE $6,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $41,071

TOTAL EXPENSES $41,071

Year-over-Year Comparison

	2019	2018	Change
Revenue	$6,432	$315,685	-1.0%
Expenses	$41,071	$1,182,196	-1.0%
Net Income	$-34,639	$-866,511	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE BELLAVANCE	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW BOWER	TREASURER	N/A	Officer Director	$0	$0	$0
CAROL BREEN	DIRECTOR	N/A	Director	$0	$0	$0
LARRY FARAGALLI	DIRECTOR	N/A	Director	$0	$0	$0
KENNETH KRAYER	DIRECTOR	N/A	Director	$0	$0	$0
DAVID MIX	SECRETARY	N/A	Officer Director	$0	$0	$0
JOAN MOORE	DIRECTOR	N/A	Director	$0	$0	$0
DEBORAH PFLIEGEL	PAST CHAIR	N/A	Director	$0	$0	$0
DAMIEN ROCCHI	DIRECTOR	N/A	Director	$0	$0	$0
ARA TOPOUZIAN	DIRECTOR	N/A	Director	$0	$0	$0
ARNOLD WEINFELD	VICE CHAIR	N/A	Officer Director	$0	$0	$0
SKOT WELCH	DIRECTOR	N/A	Director	$0	$0	$0
STEVE WILSON	PRESIDENT/CE	N/A	Officer Director	$0	$0	$0
BRYAN ZOCHER	BOARD CHAIR	N/A	Officer 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
2020	$6,432	$41,071	No data	$-34,639
2019	$315,685	$1,182,196	$36,223	$-866,511
2018	$2,373,447	$1,197,313	$1,754,242	$1,176,134

CREATIVE MANY MICHIGAN INC