WE ARE THE CULTURE CREATORS NONPROFIT

EIN: 844069467 501(c)(3) Arts, Culture & Humanities

DETROIT, MI

Total Revenue
$396,365
Total Expenses
$377,865
Total Assets
$18,820
Net Assets
$18,820
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MI
Principal Officer
MICHAEL REYES
Phone
3139106539
Tax Period
2023-01-01 to 2023-12-31

WE ARE THE CULTURE CREATORS NONPROFIT, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $396K in total revenue in fiscal year 2023. Expenses of $378K left a modest 5% surplus.

Mission

To provide high quality arts/entrepreneurship education for young men of color in the city of Detroit; with an emphasis on: professional development, strategic goal setting, aesthetics, and artistic integrity. All held in a space that reflects them and their culture.

Program Service Accomplishments

Program 1

We officially opened a new media center February 2023 led by one of our youth members Xavier Cuevas. This center will house a computer lab, small editing setup for video, sound lab and meeting space...

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We officially opened a new media center February 2023 led by one of our youth members Xavier Cuevas. This center will house a computer lab, small editing setup for video, sound lab and meeting space for young adults across Detroit. The main key to this new space will be the infinity wall we will be building. Currently the media house is in the final process of build out and we anticipate it to be complete by the end of 2024.

Program 2

Youth Organizing Stipend We hired 2 youth at, $17,500 stipends each year. The youth organizers within our program organize and maintain our projects. These youth organizers are youth themselves...

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Youth Organizing Stipend We hired 2 youth at, $17,500 stipends each year. The youth organizers within our program organize and maintain our projects. These youth organizers are youth themselves between 18-24 which allows them to have direct influence on our projects.

Program 3

Berlin International Music Exchange Program BETROIT We have commited to a 3 year International Music Exchange Program with the Nonprofit Gang Ways in Berlin, Germany {they work with hundreds at risk...

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Berlin International Music Exchange Program BETROIT We have commited to a 3 year International Music Exchange Program with the Nonprofit Gang Ways in Berlin, Germany {they work with hundreds at risk youth of color in Germany} which consists of a 10 youth artist exchange and music collaboration. This was our 3rd international exchange program within We Are Culture Creators. We had 3 Major Cultural Event Programs for the year of 2023 which we used 4k dedicated to curation. The 3 cultural events are Bloom on the Block a juneteenth Celebration, Cinco De Mayo and our Day of the Dead Gala Fundraising event.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,225
Program Service Revenue $375,140
Investment Income $0
Other Revenue $0
TOTAL REVENUE $396,365

Expense Breakdown

Grants Paid $43,580
Salaries & Benefits $60,000
Fundraising Expenses $14,774
Other Expenses $180,743
TOTAL EXPENSES $377,865

Year-over-Year Comparison

2023 2022 Change
Revenue $396,365 $380,713 +0.0%
Expenses $377,865 $380,393 0.0%
Net Income $18,500 $320 +56.8%
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
7
Independent Members
5
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
2
$60,000
Total Directors
2
$60,000
Key Employees
2
$60,000
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH STONE DEPUTY DIRECTOR 40
Officer Director Key Emp Highest
$30,000 $0 $30,000
MICHAEL REYES EXECUTIVE DIRECTOR 40
Officer Director Key Emp Highest
$30,000 $0 $30,000
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
2023 $396,365 $377,865 $18,820 $18,500
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