Textile Center Of Minnesota is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 03/2021, Textile Center Of Minnesota employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Textile Center 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 03/2021, Textile Center Of Minnesota generated $802.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $906.5k during the year ending 03/2021. While expenses have increased by 2.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEXTILE CENTER'S MISSION IS TO HONOR TEXTILE TRADITIONS, PROMOTE EXCELLENCE AND INNOVATION, AND INSPIRE WIDESPREAD PARTICIPATION IN FIBER ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXTILE CENTER WAS FOUNDED IN 1994 AND IS A NATIONAL CENTER FOR FIBER ART BASED IN MINNEAPOLIS. OUR PROGRAMMING INCLUDES YEAR-ROUND EXHIBITIONS THAT ARE FREE AND OPEN TO THE PUBLIC, FIBER ART EDUCATION PROGRAMS FOR ADULTS AND YOUTH, A LIBRARY THAT IS HOME TO MORE THAN 30,000 BOOKS AND PERIODICALS DEDICATED TO TEXTILES AND FIBER ART, A RETAIL ARTISAN SHOP THAT PROVIDES INCOME TO FIBER ARTISTS FROM AROUND THE REGION, COMMUNITY OUTREACH PROGRAMS, OUR DYE LAB AND DYE GARDEN, AND THE MCKNIGHT FELLOWSHIPS FOR FIBER ARTISTS. WHEN IT COMES TO ARTISTIC EXPRESSION AMONG MINNESOTANS, FIBER ART IS FIRST, ACCORDING TO A STUDY RELEASED SEVERAL YEARS AGO BY MINNESOTA COMPASS AND LED BY WILDER RESEARCH. THE POPULARITY OF THIS ART FORM, WHICH ENCOMPASSES ALL OF MINNESOTA'S DIVERSE COMMUNITIES FROM OJIBWE BEAD WORKERS TO SOMALI WEAVERS IS A STRENGTH OF OUR STATE WHEN ADDRESSING A WIDE RANGE OF ISSUES, RANGING FROM REUSE OF MATERIALS TO REDUCE "DISPOSABLE FASHION" IN OUR LANDFILLS, TO PRODUCING MASKS EARLY IN THE PANDEMIC FOR HEALTH CARE WORKERS, FIRST RESPONDERS, AND LONG-TERM CARE FACILITIES TO REDUCE THE SPREAD OF COVID19. WE HAVE STRIVED TO LEAD THE FIELD THROUGH INNOVATION BY ADAPTING OUR PROGRAMMING FOR THE PANDEMIC AND BEYOND, CREATING MEANINGFUL OPPORTUNITIES FOR ARTISTS, STUDENTS, AND AUDIENCES TO PARTICIPATE IN TEXTILE CENTER PROGRAMMING THROUGH ONLINE AND REMOTE LEARNING OPTIONS, AND SERVING AS A MODEL FOR HOW TO MAKE QUALITY FIBER ARTS EDUCATION AVAILABLE OUTSIDE THE TRADITIONAL CLASSROOM SETTING. TEXTILE CENTER HAS PROVEN TO BE RESILIENT DURING THE COVID-19 PANDEMIC, AND DURING OUR FISCAL YEAR 2021, WE ADAPTED PROGRAMS INTO DIGITAL FORMATS, INCLUDING VIRTUAL EXHIBITIONS, ONLINE RETAIL SALES, AND DIGITAL CLASSES, WORKSHOPS, AND ART SPEAKS PRESENTATIONS. INDIVIDUALS, FOUNDATIONS, AND GOVERNMENT SOURCES PROVIDED CONTRIBUTED REVENUE THAT HELPED US THROUGH A VERY CHALLENGING YEAR, INCLUDING TWO FORGIVABLE PAYCHECK PROTECTIONS PROGRAM LOANS. WE ACHIEVED THE HIGHEST LEVEL OF GIVING TO OUR ANNUAL FUND BY INDIVIDUALS IN OUR ORGANIZATION'S HISTORY DURING THIS FISCAL YEAR, AND THESE GENEROUS DONORS HELPED FUND THE GAP WE EXPERIENCED DUE TO STEEP DECLINES IN EARNED REVENUE FROM CLASS TUITION, SHOP SALES, AS WELL AS RENTAL AND MEMBERSHIP INCOME DUE TO THE PANDEMIC. OUR BUILDING ATTENDANCE IS JUST ONE WAY WE CAN ILLUSTRATE THE IMPACT OF THE PANDEMIC. IN FISCAL YEAR 2019 ENDING MARCH 31, 2019, WE HAD 19,865 VISITORS, COMPARED TO 2,380 FOR END OF FY 2021 (WE WERE CLOSED TO THE PUBLIC APRIL THROUGH JUNE).WE EMBRACE ALL FORMS OF FIBER ART INCLUDING WEAVING, QUILTING, KNITTING, SEWING, DYEING, FELTING, NEEDLEWORK, LACE MAKING, BEADING, SCULPTURE, INSTALLATION, SOFT SCULPTURE, AND MULTI-MEDIA PIECES. ALL FIBER ARTS DISCIPLINES ARE OFFERED AND RANGE FROM INTRODUCTORY CLASSES FOR THE CURIOUS TO EXHIBITS OF WORKS BY MASTER ARTISTS. PROGRAMMING IS OFFERED THROUGHOUT THE TWIN CITIES, AND WE ARE EXPANDING OUR STATEWIDE AND NATIONAL REACH THROUGH OUR ONLINE PROGRAMMING. IN ADDITION TO FIBER ART CLASSES, OUR RESOURCES FOR INNOVATION INCLUDE ELLEN EREDE WELLS DYE LAB, A PLACE FOR LEARNING, EXPLORATION, AND EXPERIMENTATION, AND OUR PAT O'CONNOR LIBRARY, A SINGULAR RESOURCE FOR INVENTIVENESS AND INNOVATION, AND ONE OF THE LARGEST CIRCULATING COLLECTIONS ON FIBER ART IN THE NATION.EXHIBITS AND CLASSES ADDRESS A VARIETY OF INTERESTS AND THEMES. THIS YEAR, IN RESPONSE TO THE COMMUNITY UNREST OUR COMMUNITY ENDURED LAST SUMMER, WE LAUNCHED OUR WE ARE THE STORY QUILT INITIATIVE IN COLLABORATION WITH WOMEN OF COLOR QUILTERS NETWORK. THESE EXHIBITIONS, PROGRAMS, AND NOW A NEW BOOK, HAVE BROUGHT NATIONAL ATTENTION TO TEXTILE CENTER, INCLUDING COVERAGE IN THE NEW YORK TIMES, THE BOSTON GLOBE, AND CHRISTIAN SCIENCE MONITOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karl Reichert Executive Director | Officer | 40 | $104,842 |
Mariana Shulstad President | OfficerTrustee | 2 | $0 |
Jeffrey J White Secretary | OfficerTrustee | 2 | $0 |
Jeanne Hilpisch Treasurer | OfficerTrustee | 2 | $0 |
Maggie Dayton Vice President | OfficerTrustee | 2 | $0 |
Linda Mcshannock Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $605,362 |
Investment income | $6,951 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,144 |
Net Income from Fundraising Events | $12,151 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $81,879 |
Miscellaneous Revenue | $0 |
Total Revenue | $802,435 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $51,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $114,382 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $400,668 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $37,092 |
Payroll taxes | $43,037 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $27,023 |
Advertising and promotion | $2,398 |
Office expenses | $22,865 |
Information technology | $27,212 |
Royalties | $0 |
Occupancy | $53,817 |
Travel | $545 |
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 | $52,949 |
Insurance | $12,369 |
All other expenses | $0 |
Total functional expenses | $906,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $463,699 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $193,317 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,251 |
Prepaid expenses and deferred charges | $5,250 |
Investments—publicly traded securities | $428,067 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $21,167 |
Total assets | $2,483,413 |
Accounts payable and accrued expenses | $52,718 |
Grants payable | $0 |
Deferred revenue | $37,881 |
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 | $508,717 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $599,316 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $1,884,097 |
Over the last fiscal year, we have identified 9 grants that Textile Center Of Minnesota has recieved totaling $127,195.
Awarding Organization | Amount |
---|---|
Patrick & Aimee Butler Family Foundation St Paul, MN PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $23,200 |
Patrick & Aimee Butler Family Foundation St Paul, MN PURPOSE: COVID-19 EMERGENCY RELIEF | $20,000 |
Raft Charitable Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATING | $20,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $16,355 |
William Boss Foundation St Paul, MN PURPOSE: GENERAL OPERATING FUND | $10,000 |
Beg. Balance | $287,131 |
Earnings | $149,135 |
Other Expense | $18,301 |
Ending Balance | $417,965 |
Organization Name | Assets | Revenue |
---|---|---|
Minnesota Transitions Chartered School Minneapolis, MN | $28,235,035 | $63,864,968 |
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
College Possible Saint Paul, MN | $23,283,310 | $31,201,183 |
Midwest Dairy Association Saint Paul, MN | $7,228,337 | $23,101,295 |
Und Sports Facilities Inc Grand Forks, ND | $57,543,376 | $14,333,337 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
Wisconsin Center For Manufacturing And Productivity Inc Madison, WI | $1,793,408 | $5,861,220 |
Heritage Christian Schools Inc New Berlin, WI | $9,766,972 | $6,403,349 |
Minnesota Society Of Certified Public Accountants Bloomington, MN | $11,208,207 | $6,449,608 |