Gulf States Quilting Association Inc
- Assets
- $49.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 06/1985
- Data as of
- 12/2023
- EIN
- 72-0995552
Organization Overview
Gulf States Quilting Association Inc is located in New Orleans, LA. The organization was established in 1985. 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. Gulf States Quilting Association 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 12/2023, Gulf States Quilting Association Inc generated $55.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $55.8k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HELD FOUR QUARTERLY GENERAL MEMBERSHIP MEETINGS WITH LECTURES AND PRESENTATIONS BY NATIONAL QUILTING TEACHERS. A FOUR DAY SEMINAR FEATURING NATIONAL QUILT TEACHERS WAS HELD. FIVE ONE DAY CLASSES WERE HELD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donita Qualey President | 10 | $0 | |
Angela Helman Secretary | 7 | $0 | |
Joel Sellers Treasurer | 15 | $0 | |
Laura Broders Past President | 2 | $0 | |
Loretta Webre President Elect | 4 | $0 | |
Maia Hunt Historian | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120 |
| Total Program Service Revenue | $22,135 |
| Membership dues | $15,648 |
| Investment income | $2,588 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,671 |
| Total Revenue | $55,099 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $10,879 |
| Printing, publications, postage, and shipping | $2,140 |
| Other expenses | $41,695 |
| Total expenses | $55,764 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,563 |
| Other assets | $0 |
| Total assets | $49,563 |
| Total liabilities | $27 |
| Net assets or fund balances | $49,536 |