Quilters Guild Of Dallas Inc
- Assets
- $449.6k
- Revenue
- $237.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/1987
- Data as of
- 08/2023
- EIN
- 75-1786682
Organization Overview
Quilters Guild Of Dallas Inc is located in Dallas, TX. The organization was established in 1987. 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 Dallas 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 08/2023, Quilters Guild Of Dallas Inc generated $237.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $202.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING AND SUPPORTING THE ART OF QUILTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUILT SHOW AND EXHIBITION - ANNUAL SHOW PROMOTING QUILTING TO THE GENERAL PUBLIC, ATTENDED BY 5,230 INDIVIDUALS.
RETREAT - ANNUAL RETREAT TO EXHIBIT QUILTING TECHNIQUES AND SEW AS A GROUP.
PROGRAMS & WORKSHOPS - PROVIDING OPPORTUNITIES FOR THE GENERAL PUBLIC TO INCREASE THEIR KNOWLEDGE OF QUILTING THROUGH CLASSES AND LECTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Henry VP Membership | Officer | 1 | $0 |
Dana Ryan VP Programs | Officer | 1 | $0 |
Kelly Edwards VP Comm | Officer | 1 | $0 |
Linda Bartley President | Officer | 1 | $0 |
Bonnie Ambrose VP Show | Officer | 1 | $0 |
Alice Mcelroy VP Education | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,965 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,781 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,746 |
| Total Program Service Revenue | $193,038 |
| Investment income | $5,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,827 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,575 |
| Fees for services: Other | $3,232 |
| Advertising and promotion | $0 |
| Office expenses | $1,040 |
| Information technology | $782 |
| Royalties | $0 |
| Occupancy | $2,595 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,533 |
| All other expenses | $9,866 |
| Total functional expenses | $202,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,811 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $378,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $449,563 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $449,563 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $449,563 |
Grants Awarded
Over the last fiscal year, Quilters Guild Of Dallas Inc has awarded $17,536 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WILLIAMETTE HERITAGE CENTER PURPOSE: PROJECT FUNDING | $1,900 |
UNT COLLEGE OF VISUAL ARTS PURPOSE: PROJECT FUNDING | $5,000 |
DALLAS COUNTY HERITAGE SOCIETY PURPOSE: PROJECT FUNDING | $1,758 |
SAN JOSE MUSEUM OF QUILTS AND TEXTILES PURPOSE: PROJECT FUNDING | $2,500 |
NEILL COCHRAN HOUSE PURPOSE: PROJECT FUNDING | $1,378 |
TEXAS TECH UNIVERSITY MUSEUM PURPOSE: PROJECT FUNDING | $5,000 |