Friendship Knot Quilters Guild Inc
- Assets
- $61.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 65-0406664
Organization Overview
Friendship Knot Quilters Guild Inc is located in Sarasota, FL. The organization was established in 2010. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Friendship Knot Quilters Guild Inc 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, Friendship Knot Quilters Guild Inc generated $28.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $23.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 8 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 |
|---|---|---|---|
Joy Abbott Treasurer | 0 | $0 | |
Cathy Lane President | 0 | $0 | |
Diane Cooper Vice President Education | 0 | $0 | |
Ellen Simon Vice President Programs | 0 | $0 | |
Marcia Slocum Secretary | 0 | $0 | |
Cass Bowen Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,520 |
| Membership dues | $5,498 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $144 |
| Total Revenue | $28,165 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,245 |
| Occupancy, rent, utilities, and maintenance | $5,753 |
| Printing, publications, postage, and shipping | $191 |
| Other expenses | $14,741 |
| Total expenses | $23,930 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,136 |
| Other assets | $0 |
| Total assets | $61,136 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,136 |
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|---|---|---|
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South Fulton Institute Inc Atlanta, GA | $1,909,108 | $891,815 |
St Petersburg Warehouse Arts District Inc Saint Petersburg, FL | $4,246,537 | $1,210,830 |
El Espacio 23 Inc Miami, FL | $6,319,448 | $659,257 |
Gadsden Arts Inc Quincy, FL | $3,309,221 | $583,615 |
Repurpose Project Gainesville, FL | $1,065,562 | $834,868 |
Artfest Fort Myers Inc Fort Myers, FL | $264,384 | $469,990 |
Handweavers Guild Of America Inc Atlanta, GA | $1,090,447 | $477,241 |
Hub On Canal Inc New Smyrna Beach, FL | $1,198,178 | $493,305 |
Cisneros Fontanals Foundation For The Arts Miami, FL | $7,132 | $430,753 |