Michigan League Of Handweavers
- Assets
- $128.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portage, MI
- Founding
- 11/1989
- Data as of
- 08/2023
- EIN
- 38-2527089
Organization Overview
Michigan League Of Handweavers is located in Portage, MI. The organization was established in 1989. According to its NTEE Classification (A24) the organization is classified as: Folk 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. Michigan League Of Handweavers 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 08/2023, Michigan League Of Handweavers generated $56.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $66.5k during the year ending 08/2023. While expenses have increased by 14.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONFERENCES AND WORKSHOPS TO PROVIDE MEMBERS OPPORTUNITIES TO COME TOGETHER TO LEARN AND TO EXCHANGE IDEAS BY SPONSORING LECTURES - SCH O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Root President | 2 | $0 | |
Janney Simpson Vice President | 2 | $0 | |
Marge Sumner Secretary | 2 | $0 | |
Nancy Reile Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $875 |
| Total Program Service Revenue | $46,795 |
| Membership dues | $7,315 |
| Investment income | $1,825 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,810 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $195 |
| Other expenses | $65,796 |
| Total expenses | $66,491 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,533 |
| Other assets | $0 |
| Total assets | $128,533 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,533 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Folkert Family Foundation Grand Rapids, MI | $0 | $25,640 |
Association Of Artists And Craftsmen Of Porter County Incorpo Chesterton, IN | $230,671 | $240,577 |
Mary Sully Foundation Frankfort, MI | $334,015 | $489,743 |
Michigan League Of Handweavers Portage, MI | $128,533 | $0 |
Harold K & Myrtle C Folk Charitable Foundation Cleveland, OH | $592,066 | $53,230 |