Iowa Quilt Museum
- Assets
- $469.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Winterset, IA
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-4036015
Organization Overview
Iowa Quilt Museum is located in Winterset, IA. The organization was established in 2015. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Iowa Quilt Museum employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Quilt Museum 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 12/2021, Iowa Quilt Museum generated $110.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $115.1k during the year ending 12/2021. 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
TO PROMOTE THE HISTORY OF QUILTING THROUGH MUSEUM EXHIBITS, EDUCATIONAL PROGRAMS, AND PRESENTATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Barrett Executive Dir. | 30 | $17,993 | |
Carissa Heckathorn Executive Dir. | 30 | $9,900 | |
Randall Parkin President | 20 | $0 | |
Marianne Fons Director | 15 | $0 | |
Star Ann Kloberdanz Director | 10 | $0 | |
Gaylene Blankers Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,484 |
| Total Program Service Revenue | $42,597 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,925 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,107 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $22,918 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,608 |
| Total expenses | $115,133 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,415 |
| Other assets | $0 |
| Total assets | $469,858 |
| Total liabilities | $105,468 |
| Net assets or fund balances | $364,390 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Iowa Quilt Museum has recieved totaling $82.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $82 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
National Czech & Slovak Museum & Library Cedar Rapids, IA | $33,480,949 | $3,909,322 |
Vesterheim Norwegian American Museum Decorah, IA | $24,953,272 | $7,187,886 |
Leigh Yawkey Woodson Art Museum Inc Wausau, WI | $54,767,608 | $3,707,378 |