New England Quilt Museum

Organization Overview

New England Quilt Museum, operating under the name New England Quilt Museum Inc, is located in Lowell, MA. The organization was established in 1992. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, New England Quilt Museum Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Quilt Museum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, New England Quilt Museum Inc generated $396.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $420.3k during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE N.E. QUILT MUSEUM USES QUILTS AND THE STORIES OF QUILTMAKING TO INSPIRE AND EDUCATE QUILTERS AND THE GENERAL PUBLIC. THE MUSEUM PRESENTS, PRESERVES, AND STUDIES AMERICAN QUILTMAKING, BOTH PAST AND PRESENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXHIBITION AND PRESENTATION OF QUILTS, LECTURING, EDUCATION AND PARTICIPATION IN LOCAL CULTURAL EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Patrice Denault
President
$0
Marjorie Miller
Vice President
$0
Kaitlin Demartin
Treasurer
$0
Karen Leavitt
Secretary
$0
Kathie Beltz
Director
$0
Sara Brook-Campbell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$49,287
Fundraising events$0
Related organizations$0
Government grants $44,580
All other contributions, gifts, grants, and similar amounts not included above$178,438
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$272,305
Total Program Service Revenue$39,231
Investment income $25,679
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $47,890
Miscellaneous Revenue$0
Total Revenue $396,315

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