Creative Armenia Logo

MIP Score

47

International Affairs
International Cultural Exchange

Creative Armenia

Mission

Creative Armenia is an innovative arts foundation that discovers, develops, and champions the creative visionaries who are pushing the boundaries of our cultural future. It supports Armenian artists and projects through fellowships, residencies, incubators, and promotes their talents on an international stage.

Basic Information

Tax-Exempt

Address

101 Groverton Pl, Los Angeles, California, 90077

View all Los Angeles charities

Founded in

2016

EIN

81-2439399

Total Assets

$309.3 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

East-West Residency

East-West Residency

Three artists from Armenia will spend a month in Brussels for a creative residency, with all expenses covered.

Spark Grants

Spark Grants

Creative Armenia awarded over $100,000 in Spark Grants to innovative creators across the world.

Artbox Greenlights Projects

Artbox Greenlights Projects

24 creative projects have been selected for incubation through the Artbox program.

Impact Stats

€210,000

Total funding awarded

Artbox Accelerator Program

16 creative businesses successfully completed the 8-week Artbox Accelerator program, with 7 of them receiving €30,000 each to boost their growth.

4

Number of challenges launched

Creative Challenges Initiative

Digital competitions with cash prizes for winners worldwide, including challenges like Self-Quarantine and others.

$50,000

Total funding awarded to fellows

2023 Creative Armenia-AGBU Fellowships

10 fellows selected for the Creative Armenia-AGBU fellowships, emphasizing projects related to Artsakh.

Past Events

Spark Grant Awards 2021

2021-06-15

An initiative that awarded grants to support creative projects in Armenia.

Youth Creative Workshops 2020

2020-08-10

A series of workshops focused on fostering creativity in young artists.

International Art Fair Showcase 2019

2019-09-20

A showcase of Armenian artists at an International Art Fair.

Upcoming Events

East-West Residency Applications Open

East-West Residency Applications Open

2024-12-18

Artists from Armenia can apply for a month-long residency in Brussels.

Learn More

2023 Fellowship Announcement

2023-11-20

An event to announce the new fellows for the 2023 Creative Armenia-AGBU Fellowships.

Learn More

Artbox Incubator Launch

2024-01-15

Launch event for the new series of incubator projects supporting emerging artists.

Learn More

Our Programs

Artbox

Artbox

A comprehensive incubator and accelerator for creative projects.

Learn More

Fellowships

Creative Armenia-AGBU Fellowships support artistic projects primarily focusing on Artsakh.

Learn More

Spark Grants

Funding provided for innovative creative projects worldwide.

Learn More

Volunteer Opportunities

Creative Workshops Volunteer

Assist in organizing and facilitating workshops for emerging artists.

Learn More

Event Coordinator Assistant

Help coordinate events and programs hosted by Creative Armenia.

Testimonials

"Creative Armenia has been pivotal in bringing visibility and support to artists who contribute to our cultural heritage."
Garin Hovannisian

Garin Hovannisian

Founder & Director

"The fellowships provided by Creative Armenia are a unique opportunity for artists to enhance their skills and reach a global audience."

Maryam Israelyan

Communications Manager

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

47

54

/100

Program Expense Ratio

85.64%

18

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.008381

20

/20

Working Capital Ratio

1.183

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants211.6K100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue211.6K100.00%