Needlework Guild Of Minnesota
- Assets
- $115.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis Park, MN
- Founding
- 06/1980
- Data as of
- 05/2022
- EIN
- 41-1366259
Organization Overview
Needlework Guild Of Minnesota is located in St Louis Park, MN. The organization was established in 1980. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Needlework Guild Of Minnesota 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 05/2022, Needlework Guild Of Minnesota generated $101.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $23.5k during the year ending 05/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE NEEDLEWORK GUILD OF MINNESOTA IS AN EDUCATIONAL ORGANIZATION DEVOTED TO THE ART OF NEEDLEWORK. MEMBERS OF THE GUILD ARE INVOLVED IN TEACHING NEEDLEWORK TO ADULTS AT MEETINGS AND THROUGH COMMUNITY OUTREACH PROGRAMS IN THE AREA. IN ADDITION THEY ALSO DEMONSTATE AND DISPLAY A VARIETY OF NEEDLEWORK AT THE MINNESOTA STATE FAIR AND TEXTILE CENTER OF MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Mcmahon President | 4 | $0 | |
Jane Matson Treasurer | 2 | $0 | |
Laura Ericksen Vice Preside | 0 | $0 | |
Betty Miller Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168 |
| Total Program Service Revenue | $94,012 |
| Membership dues | $6,900 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,084 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $4,054 |
| Printing, publications, postage, and shipping | $387 |
| Other expenses | $18,635 |
| Total expenses | $23,526 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,656 |
| Other assets | $0 |
| Total assets | $115,656 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,656 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Needlework Guild Of Minnesota has recieved totaling $46.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
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|---|---|---|
American Swedish Institute Minneapolis, MN | $53,674,080 | $22,744,075 |
First Peoples Fund Rapid City, SD | $11,478,942 | $11,058,456 |
Coalition Of Asian American Leaders St Paul, MN | $4,205,998 | $3,284,074 |
National Native American Boarding School Healing Coalition Minneapolis, MN | $8,382,833 | $1,366,565 |
Black Hills Badlands & Lakes Association Rapid City, SD | $1,241,083 | $1,774,171 |
The Germanic-American Institute St Paul, MN | $1,003,743 | $1,467,088 |
Blackhawks Of St Paul St Paul, MN | $194,784 | $1,434,871 |
Native American Community Development Institute Minneapolis, MN | $2,572,714 | $2,143,377 |
Siouxland Expo Center Sioux City, IA | $20,203,719 | $764,942 |
Pella Historical Society Pella, IA | $6,258,526 | $1,077,939 |
Ka Joog Non Profit Organization Minneapolis, MN | $518,800 | $1,454,173 |
Norway House Minneapolis, MN | $14,269,923 | $2,850,328 |