Charity Impact Media

Home › Philanthropy, voluntarism & grantmaking

Create Foundation

Tupelo, MS · EIN 23-7248582 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Create Foundation reported $23.6 million in revenue and $24.2 million in expenses for calendar year 2025. Of every $100 it spent, $90.44 went to program services, $5.78 to management and general costs and $3.78 to fundraising. Its largest source of revenue was contributions and grants: 76.0% of the total. The highest compensation it reported for one person was $299,295 (PRESIDENT). 3 people received more than $100,000 in reportable compensation. Revenue fell 11% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $24M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.4%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
5.8%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.8%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
76.0%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
2.3%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.1%0.0%
Highest reported compensation
Part VII-A, columns D–F
$299,295$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.23%1.56%
People paid over $100,000
Part VII, line 2
33
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
98.956.6
Independent voting board members
Part VI 1a–1b
24 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$22M expenses · 100.0% of program spending · grants $20M · revenue $28,285

Contributions were made to various charitable organizations including public schools and universities to improve education and community life and to promote charitable giving. The organization also operates as a fiscal agent for a number of charitable projects as well as building permanent community endowments, encouraging philanthropy and managing charitable funds contributed by individuals, families, organizations, and corporations, serves to strenthen regional community development capacity, and provides leadership on key community issues

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$299,295$0$0$299,295
DIRECTOR
Director/trustee, 1.00 hrs/week
$0$147,519$0$147,519
SENIOR V.P.
Officer, 40.00 hrs/week
$143,000$0$0$143,000
VP - TOYOTA
Highest compensated employee, 40.00 hrs/week
$129,247$0$0$129,247

3 people received more than $100,000 in reportable compensation from Create Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $442K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M2019202020212022202320242025$24M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$24M$24M90.4%$200M$299,295
2024 ⓘ$26M$22M92.1%$182M$275,994
2023 ⓘ$22M$15M89.5%$167M$258,828
2022 ⓘ$18M$15M93.6%$145M$247,444
2021 ⓘ$21M$12M93.0%$167M$258,856
2020 ⓘ$15M$13M94.4%$145M$227,823
2019 ⓘ$27M$11M94.2%$135M$240,254

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 510

Private foundation grants it received

9 private foundations reported grants to Create Foundation totaling $3.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Create Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Create Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Mississippi

Questions people ask

How much of Create Foundation's spending goes to programs?

In calendar year 2025, Create Foundation reported that 90.4% of its $24.2 million in expenses went to program services, 5.8% to management and general and 3.8% to fundraising (Form 990, Part IX).

How much does Create Foundation pay its top executive?

The largest total compensation Create Foundation reported for one person in calendar year 2025 was $299,295, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Create Foundation get its money?

Of $23.6 million in revenue in calendar year 2025, 76.0% came from contributions and grants (including 2.3% from government grants) and 0.1% from program service revenue (Form 990, Part VIII).

Is Create Foundation a registered charity?

The IRS lists EIN 23-7248582 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202641699349300734 · read the filing · XML
  • 2024: Form 990 for calendar year 2024, object 202501019349301555 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202441309349304764 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202331109349300618 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202221329349306697 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202101139349301355 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202021149349301502 · read the filing

All filings for EIN 23-7248582: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.