Friends Of Latimer Quilt And Textile Center
- Assets
- $278.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tillamook, OR
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 93-1051679
Organization Overview
Friends Of Latimer Quilt And Textile Center is located in Tillamook, OR. The organization was established in 1993. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Friends Of Latimer Quilt And Textile Center 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, Friends Of Latimer Quilt And Textile Center generated $99.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $70.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
OPERATING A TEXTILE MUSEUM, INCLUDING RESTORATION OF DISPLAY MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Weber President | 5 | $0 | |
Rhoda Degiovanni Vice President | 2 | $0 | |
Marci Hallock Board Member | 2 | $0 | |
Carol Lacabanne Board Member | 2 | $0 | |
Kathy Park Board Member | 2 | $0 | |
James Mathews Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,675 |
| Total Program Service Revenue | $5,379 |
| Membership dues | $14,460 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $95 |
| Total Revenue | $99,255 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,054 |
| Professional fees and other payments to independent contractors | $2,545 |
| Occupancy, rent, utilities, and maintenance | $4,514 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,027 |
| Total expenses | $70,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,634 |
| Other assets | $0 |
| Total assets | $277,971 |
| Total liabilities | $10,414 |
| Net assets or fund balances | $267,557 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Latimer Quilt And Textile Center has recieved totaling $52.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Center For The Arts Escondido Foundation Escondido, CA | $1,637,426 | $6,432,180 |
Screen Actors Guild - American Federation Of Television And Radio Los Angeles, CA | $32,891,873 | $7,217,007 |
Carmel Mission Foundation Inc Carmel, CA | $1,231,681 | $982,770 |
All Classical Public Media Inc Portland, OR | $12,996,411 | $4,875,278 |
Oregon Shakespearean Festival Endowment Fund Inc Ashland, OR | $33,018,945 | $1,149,955 |
Ford Theatre Foundation Hollywood, CA | $2,293,812 | $4,065,513 |
Henry Gallery Association Inc Seattle, WA | $28,956,119 | $4,211,330 |
Mccallum Theatre Foundation Inc Palm Desert, CA | $10,233,971 | $253,349 |
Wing Luke Memorial Foundation Seattle, WA | $11,076,869 | $11,490,156 |
California State Railroad Museum Foundation Inc Sacramento, CA | $11,474,601 | $3,874,416 |
The California Museum Of History Women And The Arts Sacramento, CA | $9,367,922 | $1,679,886 |
Crocker Art Museum Foundation Sacramento, CA | $46,079,263 | $5,867,542 |