Quilters Guild Of Indianapolis
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/1979
- Data as of
- 12/2021
- EIN
- 31-0951649
Organization Overview
Quilters Guild Of Indianapolis is located in Indianapolis, IN. The organization was established in 1979. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quilters Guild Of Indianapolis is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Quilters Guild Of Indianapolis generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $22.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WORKSHOPS AND SPEAKERS TO GUILD MEMBERS AND THEGENERAL PUBLIC-AVERAGE ATTENDANCE 50 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Weflen Vice President | 2 | $0 | |
Betsy Labelle Secretary | 2 | $0 | |
Maggie Carr Treasurer | 5 | $0 | |
Lynn Thomas President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,098 |
| Membership dues | $9,383 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,651 |
| Total Revenue | $17,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,930 |
| Occupancy, rent, utilities, and maintenance | $4,675 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,916 |
| Total expenses | $22,521 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,510 |
| Other assets | $0 |
| Total assets | $58,660 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,660 |
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|---|---|---|
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Hyde Park Art Center Chicago, IL | $13,112,741 | $7,741,893 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Arts Club Of Chicago Chicago, IL | $22,777,301 | $152,339 |
Graham Foundation For Advanced Studies In The Fine Arts Chicago, IL | $0 | $687,158 |
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Craft Alliance St Louis, MO | $3,775,459 | $2,483,894 |
Lillian Florsheim Foundation for Fine Arts Chicago, IL | $0 | $525,901 |
Intuit The Center For Intuitive And Outside Art Chicago, IL | $2,150,549 | $1,698,097 |
Painting & Decorating Contractors Of America Maryland Heights, MO | $1,053,782 | $1,259,349 |
Kmac Museum Inc Louisville, KY | $6,171,593 | $857,618 |