Iowa Quilt Museum
- Assets
- $438.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Winterset, IA
- Founding
- 12/2015
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Iowa Quilt Museum generated $84.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $108.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE HISTORY OF QUILTING THROUGH MUSEUM EXHIBITS, EDUCATIONAL PROGRAMS, AND PRESENTATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne Fons Director | 15 | $0 | |
Randall Parkin President | 20 | $0 | |
Star Ann Kloberdanz Director | 10 | $0 | |
Gaylene Blankers Secretary | 10 | $0 | |
Lisa Schumacher Director | 5 | $0 | |
Carissa Heckathorn Executive Dir. | 30 | $29,484 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,882 |
| Total Program Service Revenue | $31,352 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,766 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,512 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $16,550 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,719 |
| Total expenses | $108,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,624 |
| Other assets | $0 |
| Total assets | $438,244 |
| Total liabilities | $97,869 |
| Net assets or fund balances | $340,375 |