Weavers Guild Of Minnesota Inc
- Assets
- $405.5k
- Revenue
- $347.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Minneapolis, MN
- Founding
- 10/1974
- Data as of
- 08/2021
- EIN
- 23-7423013
Organization Overview
Weavers Guild Of Minnesota Inc is located in Minneapolis, MN. The organization was established in 1974. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 08/2021, Weavers Guild Of Minnesota Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weavers Guild Of Minnesota 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 08/2021, Weavers Guild Of Minnesota Inc generated $347.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $270.8k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING AND ADVANCING THE ARTS OF WEAVING, SPINNING AND DYEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WGM OFFERED OVER 46 CLASSES IN A VARIETY OF LEVELS, TOPICS, AND APPROACHES IN FY2021. DUE TO THE PANDEMIC, CLASSES WERE OFFERED ENTIRELY ONLINE FROM SEPTEMBER 2020 THROUGH APRIL 2021. WGM FEATURED A VARIETY OF ACTIVITIES AT A RANGE OF PRICES AND SKILL LEVELS, FROM BEGINNING-LEVEL FOUNDATION COURSES IN WEAVING AND SPINNING TO IN-DEPTH MASTER CLASSES IN TRADITIONAL AND CONTEMPORARY APPROACHES. STUDENTS HAVE THE OPPORTUNITY TO TRY MANY TECHNIQUES WITHIN THE ARTS OF WEAVING AND SPINNING: FLOOR LOOM WEAVING, RIGID HEDDLE LOOM WEAVING, SPINNING ON A WHEEL OR DROP SPINDLE, CARD/TABLET WEAVING, INKLE LOOM WEAVING, TAPESTRY WEAVING, SAORI JAPANESE WEAVING, AND KUMIHIMO JAPANESE BRAIDING. CONTINUED ON SCHEDULE O. CONTINUED FROM PAGE 2:THE PROGRAMS ARE ACCESSIBLE TO INDIVIDUALS AT ALL SKILL LEVELS, BACKGROUNDS AND ABILITIES. PRIVATE LESSONS ARE AVAILABLE BY REQUEST, SO STUDENTS WHO ARE NOT ABLE TO ATTEND SCHEDULED CLASSES OR NEED CUSTOMIZED INSTRUCTION CAN LEARN FROM OUR TEACHING ARTISTS. CLASSES OFFERED: 46CLASSES HELD: 45TALKS OFFERED: 8TALKS HELD: 8 VISITING ARTIST WORKSHOPS OFFERED: 6VISITING ARTIST WORKSHOPS HELD: 6TOTAL NUMBER OF STUDENTS IN A CLASS OR WORKSHOP: 356 (AVG 8 PER CLASS)NUMBER OF INSTRUCTORS CONTRACTED: 9 (NOT INCLUDING VISITING ARTISTS)
WGM OFFERED OVER 46 CLASSES IN A VARIETY OF LEVELS, TOPICS, AND APPROACHES IN FY2021. DUE TO THE PANDEMIC, CLASSES WERE OFFERED ENTIRELY ONLINE FROM SEPTEMBER 2020 THROUGH APRIL 2021. WGM FEATURED A VARIETY OF ACTIVITIES AT A RANGE OF PRICES AND SKILL LEVELS, FROM BEGINNING-LEVEL FOUNDATION COURSES IN WEAVING AND SPINNING TO IN-DEPTH MASTER CLASSES IN TRADITIONAL AND CONTEMPORARY APPROACHES. STUDENTS HAVE THE OPPORTUNITY TO TRY MANY TECHNIQUES WITHIN THE ARTS OF WEAVING AND SPINNING: FLOOR LOOM WEAVING, RIGID HEDDLE LOOM WEAVING, SPINNING ON A WHEEL OR DROP SPINDLE, CARD/TABLET WEAVING, INKLE LOOM WEAVING, TAPESTRY WEAVING, SAORI JAPANESE WEAVING, AND KUMIHIMO JAPANESE BRAIDING. CONTINUED ON SCHEDULE O. CONTINUED FROM PAGE 2:THE PROGRAMS ARE ACCESSIBLE TO INDIVIDUALS AT ALL SKILL LEVELS, BACKGROUNDS AND ABILITIES. PRIVATE LESSONS ARE AVAILABLE BY REQUEST, SO STUDENTS WHO ARE NOT ABLE TO ATTEND SCHEDULED CLASSES OR NEED CUSTOMIZED INSTRUCTION CAN LEARN FROM OUR TEACHING ARTISTS. CLASSES OFFERED: 46CLASSES HELD: 45TALKS OFFERED: 8TALKS HELD: 8 VISITING ARTIST WORKSHOPS OFFERED: 6VISITING ARTIST WORKSHOPS HELD: 6TOTAL NUMBER OF STUDENTS IN A CLASS OR WORKSHOP: 356 (AVG 8 PER CLASS)NUMBER OF INSTRUCTORS CONTRACTED: 9 (NOT INCLUDING VISITING ARTISTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melba Granlund Member At Large | Trustee | 2 | $1,456 |
Celeste Grant Past President | OfficerTrustee | 5 | $0 |
Linda Soranno President | OfficerTrustee | 5 | $0 |
Amanda Anderson President Elect | OfficerTrustee | 5 | $0 |
Matthew Schutz Treasurer | OfficerTrustee | 5 | $0 |
Beth Friedman Interim Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,595 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,374 |
| Noncash contributions included in lines 1a–1f | $49,404 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $261,014 |
| Total Program Service Revenue | $63,405 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $23,077 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $347,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,872 |
| Pension plan accruals and contributions | $2,000 |
| Other employee benefits | $12,916 |
| Payroll taxes | $12,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,182 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,458 |
| Advertising and promotion | $1,803 |
| Office expenses | $2,771 |
| Information technology | $3,350 |
| Royalties | $0 |
| Occupancy | $48,792 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,917 |
| Insurance | $3,233 |
| All other expenses | $833 |
| Total functional expenses | $270,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,360 |
| Savings and temporary cash investments | $165,466 |
| Pledges and grants receivable | $2,103 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,283 |
| Prepaid expenses and deferred charges | $1,798 |
| Net Land, buildings, and equipment | $15,671 |
| Investments—publicly traded securities | $2,833 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $405,514 |
| Accounts payable and accrued expenses | $10,619 |
| Grants payable | $0 |
| Deferred revenue | $5,522 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,660 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,338 |
| Total liabilities | $36,139 |
| Net assets without donor restrictions | $369,255 |
| Net assets with donor restrictions | $120 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $405,514 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Weavers Guild Of Minnesota Inc has recieved totaling $98.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $98 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlachen Country Club Edina, MN | $38,666,862 | $19,906,229 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Minneapolis Club Inc Minneapolis, MN | $13,677,806 | $3,594,595 |
Spring Hill Golf Club Wayzata, MN | $14,177,799 | $4,336,296 |
Chenequa Country Club Inc Hartland, WI | $8,162,285 | $3,577,706 |
Tuckaway Country Club Inc Franklin, WI | $8,452,752 | $4,849,926 |
Lake Geneva Country Club Fontana, WI | $6,852,229 | $4,168,458 |
West Bend Country Club West Bend, WI | $5,974,564 | $4,364,708 |