Handweavers Guild Of America Inc
- Assets
- $1.1m
- Revenue
- $477.2k
- Investments
- $348.4k
- Employees
- 8
- Location
- Atlanta, GA
- Founding
- 03/1977
- Data as of
- 03/2022
- EIN
- 06-0866181
Organization Overview
Handweavers Guild Of America Inc is located in Atlanta, GA. The organization was established in 1977. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, Handweavers Guild Of America Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Handweavers Guild Of America 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 03/2022, Handweavers Guild Of America Inc generated $477.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $512.7k during the year ending 03/2022. While expenses have increased by 4.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, SUPPORT, AND INSPIRE THE FIBER ARTS COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVERGENCE IS A 7-DAY BIENNIAL FIBER ART CONFERENCE PRESENTED IN EVEN YEARS WITH A SIGNIFICANT AMOUNT OF THE PLANNING OCCURRING DURING ODD YEARS. THE CONFERENCE ATTRACTS MORE THAN 1,500 PARTICIPANTS FROM AROUND THE WORLD FOR A MULTI-FACETED EXPERIENCE WITH EXHIBITIONS, VENDORS, FASHION SHOW, TOURS,WORKSHOPS, SEMINARS, LECTURES, AND MORE. AT THE HEART OF CONVERGENCE IS THE SESSIONS, TAUGHT BY THE WORLD'S LEADING FIBER ARTS INSTRUCTORS AS WELL AS THOSE THAT ARE UP-AND-COMING IN THE FIELD, KNOWN AS CONVERGENCE LEADERS. THE CONFERENCE INCLUDES 4 JURIED AND 2 INVITATIONAL EXHIBITS.
CERTIFICATE OF EXCELLENCE AND SMALL EXPRESSIONS
"SHUTTLE SPINDLE & DYEPOT" HGA'S MEMBERSHIP MAGAZINE PROVIDES INSPIRING, HISTORICAL, CULTURAL, AND EDUCATIONAL INFORMATION TO HGA MEMBERS THROUGH ARTICLES FEATURING FIBER ARTISTS' PROFILES; MUSEUM AND GALLERY EXHIBITIONS; ETHNIC, TRADITIONAL, AND INNOVATIVE FIBER ART AND/OR TEXTILE TECHNIQUES; APPROXIMATELY 4,000 COPIES OF THE MAGAZINE ARE PUBLISHED QUARTERLY AND WE CONTINUE TO SEE AN INCREASE IN REQUESTS FOR ACCESS TO DIGITAL COPIES.
HGA CONTINUES TO EXPAND ITS EDUCATIONAL PROGRAMMING. THIS INCLUDES VIRTUAL PROGRAMS SUCH AS TEXTILES & TEA, GUILD DEVELOPMENT RETREAT, CAREERS IN TEXTILES SYMPOSIUM, SPINNING & WEAVING WEEK CELEBRATION, AND JURORS' TALKS. THESE PROGRAMS HAVE A POSITIVE IMPACT ON OUR OUTREACH TO THE FIBER ART COMMUNITY, INCLUDING OUR DIVERSITY, EQUITY, AND INCLUSION INITIATIVES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Williamson Executive Di | Officer | 40 | $82,887 |
Suzi Ballenger President | OfficerTrustee | 5 | $0 |
Sarah Beyer Secretary | OfficerTrustee | 3 | $0 |
Dell Christy Director | Trustee | 3 | $0 |
Laura Disano Vice Preside | OfficerTrustee | 3 | $0 |
Mark Grigalunas Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $197,607 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,087 |
| Noncash contributions included in lines 1a–1f | $1,800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $385,694 |
| Total Program Service Revenue | $83,933 |
| Investment income | $5,509 |
| 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 | $2,105 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $477,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,908 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,506 |
| Payroll taxes | $24,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,667 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,097 |
| Advertising and promotion | $11,039 |
| Office expenses | $37,980 |
| Information technology | $22,665 |
| Royalties | $0 |
| Occupancy | $1,020 |
| Travel | $692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,177 |
| All other expenses | $196 |
| Total functional expenses | $512,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,172 |
| Savings and temporary cash investments | $325,295 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,056 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $79,493 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $348,431 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,090,447 |
| Accounts payable and accrued expenses | $1,416 |
| Grants payable | $0 |
| Deferred revenue | $590,190 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $50,490 |
| Other liabilities | $0 |
| Total liabilities | $642,096 |
| Net assets without donor restrictions | $448,351 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,090,447 |