Take Creative Control Inc

EIN: 862532236 501(c)(3) Human Services

Washington, DC

Total Revenue
$1,738,127
Total Expenses
$2,545,884
Total Assets
N/A
Net Assets
$-85,433
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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
2021
Legal Domicile
MD
Principal Officer
Kimberly Tignor
Phone
2402775119
Tax Period
2024-01-01 to 2024-12-31

Take Creative Control Inc, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 108% from the prior year, signaling strong growth momentum. Expenses of $2.5M exceeded revenue, resulting in a 46% operating deficit.

Mission

Take Creative Control (TCC) is a creator-informed and creator-focused education and advocacy organization building a multicultural community of creator-advocates.

Program Service Accomplishments

Program 1
Expenses: $2,545,884

Program Descriptions Continuing Legal Eduction (CLE) - programming provides accelerated trainings for attorneys & advocates focused on intellectual property, cultural equity, & the evolving rights of...

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Program Descriptions Continuing Legal Eduction (CLE) - programming provides accelerated trainings for attorneys & advocates focused on intellectual property, cultural equity, & the evolving rights of creators. These sessions bring legal expertise with real world creative industry challenges. Community Outreach - outreach programming meets creators where they are through workshops, pop-ups, & community events that bild knowledge, confidence, and access to creative and econominc opportunity. Creative Partnerships - Through its partnership programming, TTC collaborates with artists, institutions, & value aligned partners to produce events, campaigns, & cultural activations that connect policy, storytelling and impact. Research & White Papers - TCCs research programming generates original studies, policy briefs, & white papers that shape national dialogue on the creative economy and guide equitable frameworks for creative rights & ownership.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,738,127
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,738,127

Expense Breakdown

Grants Paid $1,202,017
Salaries & Benefits $108,433
Fundraising Expenses $0
Program Expenses $2,545,884
Other Expenses $1,235,434
TOTAL EXPENSES $2,545,884

Year-over-Year Comparison

2024 2023 Change
Revenue $1,738,127 $835,010 +1.1%
Expenses $2,545,884 $288,473 +7.8%
Net Income $-807,757 $546,537 -2.5%
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
3
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberly Tignor Execuitve Director 0.00
Officer
$0 $0 $0
Abdul Fouzi Chair 0.00
Officer
$0 $0 $0
Dana Hollman Secretary 0.00
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
2024 $1,738,127 $2,545,884 No data $-807,757
2024 No data No data No data No data
2023 No data No data No data No data
2023 $835,010 $114,939 $720,071 $720,071
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