Needlework Guild Of Minnesota
- Assets
- $107.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis Park, MN
- Founding
- 06/1980
- Data as of
- 05/2024
- EIN
- 41-1366259
Organization Overview
Needlework Guild Of Minnesota is located in St Louis Park, MN. The organization was established in 1980. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Needlework Guild Of Minnesota 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 05/2024, Needlework Guild Of Minnesota generated $89.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $86.5k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maryanne Gay President | 4 | $0 | |
Marilyn Mcmahon Vice President | 1 | $0 | |
Janet Whitoff Secretary | 1 | $0 | |
Jane Matson Treasurer | 2 | $0 | |
Viki Bosin Board Member | 1 | $0 | |
Julie Mafi Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,456 |
| Total Program Service Revenue | $52,961 |
| Membership dues | $5,325 |
| Investment income | $1,116 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,858 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $4,511 |
| Printing, publications, postage, and shipping | $639 |
| Other expenses | $80,779 |
| Total expenses | $86,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,837 |
| Other assets | $0 |
| Total assets | $107,837 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,837 |