Creative Ability Development Inc

EIN: 471611231 501(c)(3) Arts, Culture & Humanities

Rochester, NY

Total Revenue
$420,918
Total Expenses
$491,404
Total Assets
$1,045,051
Net Assets
$656,257
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
Alice Kanack
Phone
5852446910
Tax Period
2023-01-01 to 2023-12-31

Creative Ability Development Inc, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $421K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $491K exceeded revenue, resulting in a 17% operating deficit.

Mission

The Kanack School of Musical Artistry is the not-for-profit epicenter of Creative Ability Development (CAD) within our community and internationally. We provide an enriching, nurturing, and inclusive environment where all can grow to reach their fullest potential: artistically, creatively, socially, and intellectually. CAD defined: a pedagogical system which uses disciplined musical improvisation to develop the creative part of the brain, to heighten each student's innate musicality, and to enhance creative ability across multiple intellectual pursuits.

Program Service Accomplishments

Program 1
Expenses: $400,398 Revenue: $376,179

The Kanack School of Musical Artistry has had a rich history in the Rochester community for over 20 years. We provide students of all ages a warm, disciplined, and non-competitive environment in...

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The Kanack School of Musical Artistry has had a rich history in the Rochester community for over 20 years. We provide students of all ages a warm, disciplined, and non-competitive environment in which to develop their musical artistry. We offer private lessons in violin, viola, cello, piano, voice, flute, fiddle, guitar, mandolin, ukulele, and banjo. Because the school was founded on a combination of the philosophy of Creative Ability Development and the Suzuki Method, we strongly believe group classes are crucial to the growth of musical artistry. Any day of the week students have access to many classes. (Continued on Schedule O)CAD improvisation classes, Suzuki repertoire classes, orchestra, fiddle, bluegrass bands, music theory and composition, chorus, opera and musical theater scenes, and piano duets are all available to our students. These classes not only help to develop their musical talent, but also to develop social skills that will aid them in life. We offer our group classes at no additional charge to private lesson tuition so that every student has the same access to these important opportunities.The Kanack School of Musical Artistry also offers a wide range of summer camps including traditional orchestral and chamber music, musical theater, adult chamber music, and fiddle. The Kanack School of Musical Artistry also has an open-door policy for teachers from around the world seeking to learn more about Creative Ability Development. We also offer teacher training sessions locally and internationally.

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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 (2023)

Revenue Breakdown

Contributions & Grants $44,739
Program Service Revenue $375,474
Investment Income $0
Other Revenue $705
TOTAL REVENUE $420,918

Expense Breakdown

Grants Paid $35,667
Salaries & Benefits $312,413
Fundraising Expenses $2,334
Program Expenses $400,398
Other Expenses $143,324
TOTAL EXPENSES $491,404

Year-over-Year Comparison

2023 2022 Change
Revenue $420,918 $468,615 -0.1%
Expenses $491,404 $417,681 +0.2%
Net Income $-70,486 $50,934 -2.4%
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
11
Independent Members
10
Employees
28
Volunteers
25

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
$128,971
Total Directors
12
$128,971
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Thurston Chair 0.70
Officer Director
$0 $0 $0
Alice Kanack Vice Chair/Executive Director 40.00
Officer Director
$78,210 $5,278 $83,488
Andrew Barnhart Artistic Director (Thru 8/2023) 40.00
Officer Director
$45,483 $0 $45,483
Scarlett Miles Director 0.70
Director
$0 $0 $0
Joy Irwin Director 0.70
Director
$0 $0 $0
Joan Klafehn Director 0.70
Director
$0 $0 $0
Todd Klafehn Secretary 0.70
Officer Director
$0 $0 $0
Dr Edith Jaffe Director 0.70
Director
$0 $0 $0
Amanda Herman Treasurer (Thru 7/2023) 0.70
Officer Director
$0 $0 $0
Dr Zachary Preucil CAD Representative 0.70
Director
$0 $0 $0
Masumi Per Rostad Director 0.70
Director
$0 $0 $0
Margaret Maria Tobolovska CAD Representative (Start 4/2023) 0.70
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
2024 No data No data No data No data
2023 $420,918 $491,404 $1,045,051 $-70,486
2022 $468,615 $417,681 $1,096,219 $50,934
2021 $716,154 $409,956 $1,038,898 $306,198
2020 $357,646 $367,507 $748,151 $-9,861
2019 $449,694 $381,857 $795,475 $67,837
2018 $494,124 $417,222 $760,972 $76,902
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