Madison Knitters Guild Inc
- Assets
- $56.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 03/2006
- EIN
- 41-2151727
Organization Overview
Madison Knitters Guild Inc is located in Madison, WI. The organization was established in 2006. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Knitters Guild Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending undefined, Madison Knitters Guild Inc generated $39.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $25.7k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda E M Haynes President | 5 | $0 | |
Polly Shoemaker Vice President | 5 | $0 | |
Courtney Gradel Secretary | 1 | $0 | |
Julie Vincent Treasurer | 2 | $0 | |
Kay Simmons Programming Chair | 6 | $0 | |
Denise Sobering Knit-In Committee Chair | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,002 |
| Membership dues | $18,455 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,731 |
| Total Revenue | $39,633 |
| Statement of Expenses | |
|---|---|
| Total expenses | $25,748 |
| Balance Sheet | |
|---|---|
| Total assets | $56,320 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,320 |