Craft Yarn Council Of America Inc

Organization Overview

Craft Yarn Council Of America Inc is located in Carrollton, TX. The organization was established in 1983. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2022, Craft Yarn Council Of America Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Craft Yarn Council Of America Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 03/2022, Craft Yarn Council Of America Inc generated $267.8k 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 (7.7%) each year. All expenses for the organization totaled $331.0k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCH O

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLASSES ARE OFFERED ON-SITE OR VIA CORRESPONDENCE AND COVER TECHNICAL SKILLS AS WELL AS THE SPECIFICS OF HOW TO TEACH THESE SKILLS TO OTHERS. AN ON-SITE CLASS INCLUDES BETWEEN 15-17 HOURS OF INTENSIVE HANDS-ON INSTRUCTION WITH A MASTER TEACHER. THE CORRESPONDENCE PROGRAM COVERS THE SAME INFORMATION. PARTICIPANTS WORK IS REVIEW PERSONALLY BY ONE OF THE PROGRAMS MASTER TEACHERS THROUGH A COMBINATION OF WRITTEN WORK AND TELEPHONE INTERVIEWS. THE PROGRAM IS ALSO OFFERED AS PART OF THE FASHION INSTITUTE OF TECHNOLOGYS (FIT) CONTINUING EDUCATION PROGRAM. FIT, WHICH IS BASED IN NEW YORK CITY, OFFERS CIP PARTICIPANTS WHO COMPLETE THE PROGRAM DEGREE CREDIT(S).


THE COUNCIL ALSO MAINTAINS A DATABASE OF CIP GRADUATES AND ALERTS THEM TO JOB OPPORTUNITIES IN THE COMMUNITIES. IN ADDITION, MANY GRADUATES GO ON TO FIND JOBS TEACHING IN RETAIL STORES OR VOLUNTEERING IN SCHOOLS AND OTHER VENUES ON THEIR OWN. BY TRAINING TEACHERS, THE COUNCIL IS FULFILLING THE MANDATE OF ITS MEMBERS TO RAISE AWARENESS OF YARN RELATED SKILLS SUCH AS KNITTING AND CROCHETING WHILE REACHING AND TEACHING NEW GENERATIONS THESE WORTHWHILE SKILLS. INDUSTRY PROMOTION- HUMANS THAT YARN CAMPAIGN TO SHOWCASE ALL THE DIFFERENT TYPES OF CRAFTS THAT CAN BE MADE WITH YARN AND DIFFERENT TYPES OF PEOPLE WHO IDENTIFY AS A YARNIST. AS WELL AS TEACHING WORKSHOPS AND PARTICIPATION IN OTHER CRAFT SHOWS TO PROMOTE THE YARN INDUSTRY. I LOVE YARN DAY AND THE GREAT YARN CHALLANGE ARE PROGRAMS TO RAISE PUBLIC AWARENESS ACROSS THE COUNTRY ON A SPECIFIC DAY EACH YEAR. SPREADING THE GOOD FEELING PEOPLE GET FROM YARN AND YARN-RELATED CRAFTS IS WHAT THESE EVENTS AREALL ABOUT. CONSUMERS ARE ENCOURAGED TO PARTICIPATE BY MAKING A YARN CRAFT OR PROJECT TO DECLARE LOVE FOR YARN.


FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTSDISCOVER PROGRAM THIS PROGRAM, WHICH LAUNCHED IN 2010, CONTINUES TO BE SUCCESSFUL AS AN EDUCATIONAL AND PROMOTIONAL TOOL TO INCREASE KNIT AND CROCHET PROJECTS. THE CRAFT YARN COUNCIL HAS IMPLEMENTED A SERIES OF KNIT AND CROCHET CLASSES FROM BEGINNER TO ADVANCED CLASSES AND FROM KIDS TO SENIOR ADULTS AVAILABLE FOR ALL THROUGH THE INTERNET. GRADUATES OF THE COUNCILS CERTIFIED INSTRUCTORS PROGRAM (CIP) TEACH CLASSES AND SHARE A PASSION FOR KNITTING AND CROCHETING AND FOR TEACHING OTHERS TO DISCOVER THE FUN AND THERAPEUTICS OF KNITTING AND CROCHETING. THE CYC STAFF WORKS WITH THE TEACHERS, CRAFTS ASSOCIATES IN THE U.S. AND CANADA, AND THE MEMBERS OF THE COUNCIL. TOGETHER THEY DESIGNED A SERIES OF KNIT AND CROCHET CLASSES.


FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES DESCRIPTIONCERTIFIED INSTRUCTORS PROGRAM (CIP) INITIATED IN 1982, THE GOAL OF THE CIP IS TO TRAIN KNITTERS AND CROCHETERS WHO HAVE GOOD BASIC SKILLS IN THESE CRAFT TO GAIN THE KNOWLEDGE AND CONFIDENCE TO TEACH OTHERS. THERE ARE TWO SEPARATE PROGRAMS-ONE FOR KNITTING AND ONE FOR CROCHETING AND THERE ARE THREE LEVELS TO EACH CIP PROGRAM: INSTRUCTOR, TEACHER, AND PROFESSIONAL.


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Board, Officers & Key Employees

Name (title)Compensation
Jenny A Bessonette
Executive Director
$0
Chris Mills
Director
$0
Richard Ezra
Chairman
$0
Sajive Jain
Director
$0
David Blumenthal
Director
$0
Ryan Newell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$234,000
Fundraising events$500
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$234,500
Total Program Service Revenue$25,775
Investment income $23
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,500
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $267,798

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