Quilters Guild Of Indianapolis
- Assets
- $61.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/1979
- Data as of
- 12/2023
- EIN
- 31-0951649
Organization Overview
Quilters Guild Of Indianapolis is located in Indianapolis, IN. The organization was established in 1979. 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. Quilters Guild Of Indianapolis is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Quilters Guild Of Indianapolis generated $24.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $27.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
WORKSHOPS AND SPEAKERS TO GUILD MEMBERS AND THEGENERAL PUBLIC-AVERAGE ATTENDANCE 50 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Labell President | 10 | $0 | |
Joyce Blakely Vice President | 2 | $0 | |
Jan Ayers Secretary | 2 | $0 | |
Diane Burgan Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52 |
| Total Program Service Revenue | $1,799 |
| Membership dues | $6,715 |
| Investment income | $146 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,679 |
| Other Revenue | $10,783 |
| Total Revenue | $24,174 |
| 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 | $8,006 |
| Occupancy, rent, utilities, and maintenance | $3,899 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,863 |
| Total expenses | $27,768 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,051 |
| Other assets | $0 |
| Total assets | $61,201 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,201 |