Black Hills Quilters Guild
- Assets
- $59.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 09/1977
- Data as of
- 06/2022
- EIN
- 46-0341494
Organization Overview
Black Hills Quilters Guild is located in Rapid City, SD. The organization was established in 1977. 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. Black Hills Quilters Guild is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Black Hills Quilters Guild generated $38.2k 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 (6.4%) each year. All expenses for the organization totaled $37.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reta Welsh Vice President | 3 | $0 | |
Sandy Johnson President | 3 | $0 | |
Kim Wind Secretary | 2 | $0 | |
Charlotte Schoonover Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,770 |
| Membership dues | $6,415 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,188 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $28,707 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,288 |
| Occupancy, rent, utilities, and maintenance | $3,070 |
| Printing, publications, postage, and shipping | $630 |
| Other expenses | $4,094 |
| Total expenses | $37,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,495 |
| Other assets | $0 |
| Total assets | $59,821 |
| Total liabilities | $17,988 |
| Net assets or fund balances | $41,833 |
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