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Handweavers Guild Of America Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060866181 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Handweavers Guild Of America Inc?

Handweavers Guild of America Inc, based in Atlanta, Georgia, is a nonprofit organization with a mission to educate, support, and inspire the fiber arts community. They achieve this through their membership magazine, "Shuttle Spindle & Dyepot", which delivers informative and educational content to its members. The magazine showcases fiber artists, museum exhibitions, and various fiber art techniques, both traditional and innovative. With a circulation of around 4,000 copies published quarterly, there has been an increase in demand for digital access to the publication. The organization boasts a workforce of six dedicated individuals.


Official website here: www.weavespindye.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

The Handweavers Guild of America Inc has received a solid rating of 80%, reflecting a commendable level of accountability and financial health. With 100% of its board members being independent, the organization demonstrates a strong governance structure that minimizes conflicts of interest. Its commitment to transparency is further evidenced by the presence of essential policies, including conflict of interest and whistleblower policies.

Financially, the organization has shown effective management of resources, with a program expense ratio of 69.45%, indicating that a significant portion of its funds is utilized for its programs. Additionally, the low liabilities to assets ratio of 2.14% suggests a strong financial footing, allowing the charity to sustain its operational activities without excessive debt.

While the charity's overall score is impressive, potential donors may consider the details of its programs and services to ensure alignment with their philanthropic goals. The organization appears to be well-managed, but further insights into its impact and outreach efforts would provide a fuller picture of its effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Handweavers Guild Of America Inc legitimate?

Handweavers Guild Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Handweavers Guild Of America Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $78,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,908

For more financial information, click here


Official website here: www.weavespindye.org

What is the mission statement of Handweavers Guild Of America Inc?

Handweavers Guild of America Inc. is committed to educating, supporting, and inspiring the fiber arts community. This mission is carried out through their membership magazine, Shuttle Spindle & Dyepot, which provides members with a wealth of information. The magazine features articles on fiber artists, museum and gallery exhibitions, and various fiber art and textile techniques. It also showcases ethnic, traditional, and innovative techniques, aiming to educate and inspire members. There has been an increase in requests for digital copies of the magazine over the past year.


Official website here: www.weavespindye.org

Who is the CEO of Handweavers Guild Of America Inc?

Elizabeth Williamson is the Executive Dir. of Handweavers Guild Of America Inc.


Official website here: www.weavespindye.org

What is the revenue of Handweavers Guild Of America Inc?

Handweavers Guild Of America Inc's revenue in 2022 was $477,241.


Official website here: www.weavespindye.org

Who are the executives of Handweavers Guild Of America Inc and what are their salaries?

The average compensation at Handweavers Guild Of America Inc during 2022 was $45,068. There are 6 employees and 89 volunteers at Handweavers Guild Of America Inc.


Here are 11 key members and their salaries:


Elizabeth Williamson (Executive Dir.)
  • Compensation: $78,500
  • Related: $0
  • Other: $0
Sheila Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Disano (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dell Christy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Grigalunas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherman Myers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Shimkin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penelope Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Gavin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzi Ballenger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Beyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.weavespindye.org

Where can I find the form 990 for Handweavers Guild Of America Inc?

Handweavers Guild Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.weavespindye.org

Learn more at the official website: www.weavespindye.org

Mission Statement of Handweavers Guild Of America Inc

Handweavers Guild of America Inc, a renowned organization, is dedicated to fostering the fiber arts community. Its primary mission is to educate, support, and inspire individuals involved in this field. Through its activities, the guild aims to disseminate knowledge and insights about fiber arts, showcasing the works of artists, museums, and galleries. The guild's quarterly publication, Shuttle Spindle & Dyepot, serves as a vital resource for its members, offering a wealth of information on various fiber art techniques and historical, cultural, and innovative perspectives. Over the past year, there has been a significant increase in requests for digital copies of the magazine, reflecting the growing interest and engagement within the fiber arts community.

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Impact




July, 2024

The Handweavers Guild Of America Inc has a significant impact on the fiber arts community by educating, supporting, and inspiring its members. Through their membership magazine, Shuttle Spindle & Dyepot, they provide a platform for sharing inspiration, historical, cultural, and educational information related to fiber arts. The magazine features articles on fiber artist profiles, museum and gallery exhibitions, ethnic, traditional, and innovative fiber art techniques. With approximately 4,000 copies published quarterly and an increasing demand for digital access, HGA is reaching a wide audience and contributing to the growth and development of the fiber arts community.




This information is meant to be a general summary of Handweavers Guild Of America Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$477,241 (2022)
Expenses
$512,723 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,509
  • Program Service Revenue: $83,933
  • Gross Receipts: $477,241

Assets and Liabilities:

  • Total Assets: $1,090,447
  • Total Liabilities: $642,096
  • Net Assets: $448,351

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADVERTISING INCOME

Revenue

$49,399

CERTIFICATE OF EXCELLENCE

Revenue

$2,813

EXHIBITS

Revenue

$3,384

MISC PROG REVENUE

Revenue

$28,337

Organization Details

Founding Year

1969

Principal Officer

Elizabeth Williamson

Main Address

1201 PEACHTREE ST STE 200, ATLANTA, GA, 30361

NTEE Category

Code: A03 - Arts

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