Kansas City Regional Quilt Festival Inc
- Assets
- $133.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-3942082
Organization Overview
Kansas City Regional Quilt Festival Inc, operating under the name Kcrqf, is located in Overland Park, KS. The organization was established in 2014. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Kcrqf 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 12/2022, Kcrqf generated $134.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $24.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (45.4%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KCRQF HAS 13 REGIONAL QUILT GUILDS AS CORPORATE MEMBERS WHO, THROUGH THEIR VOLUNTEERS, PLAN AND EXECUTE A CONFERENCE EVERY OTHER YEAR. THE 2021 FESTIVAL PROVIDED CLASSES AND LECTURES TO TEACH VARIOUS SKILLS FOR QUILTING. THE MEMBER GUILDS EXHIBITED QUILTS DEMONSTRATING THE CRAFT OF QUILTING. THERE WERE 3 SPECIAL EXHIBITIONS OF QUILTING. MAKERS ENTERED QUILTS TO BE JUDGED IN MULTIPLE CATEGORIES AND ENTRANTS RECEIVED THE JUDGE'S WRITTEN EVALUATION. AWARDS WERE GIVEN OUT IN VARIOUS CATEGORIES OF QUILTING SKILL. PROFITS FROM THE FESTIVAL/CONFERENCE WERE DISTRIBUTED TO THE MEMBER GUILDS WHO USE THOSE PROCEEDS FOR EDUCATIONAL PROGRAMMING. NO INDIVIDUALS RECEIVE COMPENSATION FOR THEIR SERVICES.
Describe the Organization's Program Activity:
Part 3
RENTAL OF THE OVERLAND PARK CONVENTION CENTER AND OTHER EXPENSES SUPPORTING THE 2021 QUILT FESTIVAL
100 QUILTS WERE ENTERED IN THE FESTIVAL FOR DISPLAY AND TO BE JUDGED BY A CERTIFIED JUDGE
DEVELOPMENT OF WEBSITE FOR 2021 QUILT FESTIVAL INCLUDING CLASS REGISTRATION, AND GENERAL INFORMATION REGARDING THE FESTIVAL
HELD CLASSES FOR ATTENDEES OF THE FESTIVAL WHICH TAUGHT VARIOUS QUILTING SKILLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Palmer President | 10 | $0 | |
Kathy Limpic Vice President | 20 | $0 | |
Beth Ennis Vice President | 10 | $0 | |
Julie Kiffin Secretary | 5 | $0 | |
Molly Hundley Treasurer | 10 | $0 | |
Heather Buchwitz Member At Large | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $134,538 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $50 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,588 |
| 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 | $1,800 |
| Occupancy, rent, utilities, and maintenance | $15,500 |
| Printing, publications, postage, and shipping | $212 |
| Other expenses | $6,456 |
| Total expenses | $23,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,473 |
| Other assets | $0 |
| Total assets | $133,473 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,473 |