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
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.
Showing 3 of 5 goals
At a Glance
East-West Residency
Three artists from Armenia will spend a month in Brussels for a creative residency, with all expenses covered.
Spark Grants
Creative Armenia awarded over $100,000 in Spark Grants to innovative creators across the world.
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
2024-12-18
Artists from Armenia can apply for a month-long residency in Brussels.
Learn More2023 Fellowship Announcement
2023-11-20
An event to announce the new fellows for the 2023 Creative Armenia-AGBU Fellowships.
Learn MoreArtbox Incubator Launch
2024-01-15
Launch event for the new series of incubator projects supporting emerging artists.
Learn MoreOur Programs
Fellowships
Creative Armenia-AGBU Fellowships support artistic projects primarily focusing on Artsakh.
Learn MoreVolunteer Opportunities
Creative Workshops Volunteer
Assist in organizing and facilitating workshops for emerging artists.
Learn MoreEvent 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
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
Impact Reports
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
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 211.6K | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 211.6K | 100.00% |
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