Asheville Quilt Guild Inc
- Assets
- $102.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 05/1989
- EIN
- 56-1594774
Organization Overview
Asheville Quilt Guild Inc is located in Asheville, NC. The organization was established in 1989. 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. Asheville Quilt Guild 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 undefined, Asheville Quilt Guild Inc generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (30.1%) each year. All expenses for the organization totaled $18.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 6 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
Describe the Organization's Program Activity:
Part 3
DUE TO COVID, WE DID NOT HOLD OUR ANNUAL QUILT SHOWOR ANY IN-PERSON WORKSHOPS FOR OUR MEMBERS. PROGRAMSWERE LIMITED TO ON-LINE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Walker President | 20 | $0 | |
Linda Schissler Vice President | 5 | $0 | |
Mary Jo Leonard Past President | 2 | $0 | |
Nancy Rehan Secretary | 2 | $0 | |
Laura Suich Treasurer | 7 | $0 | |
Lynda Feldman Member-At-Large | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $485 |
| Total Program Service Revenue | $965 |
| Membership dues | $8,730 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,202 |
| Statement of Expenses | |
|---|---|
| Total expenses | $18,543 |
| Balance Sheet | |
|---|---|
| Total assets | $102,083 |
| Total liabilities | $10,670 |
| Net assets or fund balances | $91,413 |