Overview
What is Vermont Quilt Festival Inc?
Vermont Quilt Festival Inc is a nonprofit organization dedicated to fostering the art of quilting within its community. They accomplish this by organizing quilting shows, giving lectures, and providing classes to inspire and educate individuals. Their primary goal is to promote and enhance the craft of quilt making, showcasing various quilt ideas and exhibits. The festival serves as a platform for both education and development in the field of quilting, contributing to the enrichment of the community.
Official website here: www.vqf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Vermont Quilt Festival Inc has received a Three-Star rating from Charity Navigator, reflecting a commendable score of 76%. This rating primarily arises from its accountability and financial practices, with a notable emphasis on the independence of its board members, all of whom are independent. The organization demonstrates strong financial health, with a program expense ratio of 77.00%, indicating that the majority of its funding is directed towards its programs.
While the organization showcases strengths in transparency and independent governance, there are significant areas for improvement. Notably, the charity lacks essential policies such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction, which could impact governance quality. Addressing these limitations could enhance the organization's overall accountability and public trust.
Overall, Vermont Quilt Festival Inc displays a solid commitment to its mission with effective financial management and a fully independent board. However, enhancing its governance practices by implementing missing policies would further solidify its reputation and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Quilt Festival Inc legitimate?
Vermont Quilt Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Quilt Festival Inc submitted a form 990EZ, 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.
Official website here: www.vqf.org
What is the mission statement of Vermont Quilt Festival Inc?
The mission of Vermont Quilt Festival Inc is centered around fostering the art of quilting. They aim to encourage quilting by organizing shows, lectures, classes, and other related events. The primary objective is to stimulate quilt ideas and exhibits, ultimately serving to educate and develop the craft of quilt making within the community. The festival serves as a platform to promote and showcase the skill and creativity associated with quilting.
Official website here: www.vqf.org
Who is the CEO of Vermont Quilt Festival Inc?
Ellen Morris is the Treasurer of Vermont Quilt Festival Inc.
Official website here: www.vqf.org
What is the revenue of Vermont Quilt Festival Inc?
Vermont Quilt Festival Inc's revenue in 2022 was $30,213.
Official website here: www.vqf.org
Who are the executives of Vermont Quilt Festival Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Compensation: $500
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- Compensation: $500
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- Compensation: $500
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Official website here: www.vqf.org
Where can I find the form 990EZ for Vermont Quilt Festival Inc?
Vermont Quilt Festival Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.vqf.org
Learn more at the official website: www.vqf.org
Mission Statement of Vermont Quilt Festival Inc
Vermont Quilt Festival Inc is dedicated to fostering the art of quilting within the community. Their mission is threefold: promoting the creation of quilts and displays, encouraging innovative quilt ideas, and showcasing quilting exhibits through various events such as quilt shows, lectures, and classes. By organizing these activities, the festival aims to educate and develop the craft of quilt making, thereby encouraging its growth and appreciation among the public.
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Impact
August, 2024
Vermont Quilt Festival Inc promotes the making of quilts and encourages quilting through various activities such as quilt shows, lectures, classes, and exhibits. The organization aims to educate and develop the craft of quilt making within the community. By organizing a quilt festival, Vermont Quilt Festival Inc creates a platform for quilters to showcase their work, exchange ideas, and inspire others to appreciate the art of quilting. Through these initiatives, the organization has a notable impact on fostering creativity, skill development, and a sense of community among quilting enthusiasts in Essex Junction, VT.
This information is meant to be a general summary of Vermont Quilt Festival 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $28
- Program Service Revenue: $29,909
- Gross Receipts: $30,213
Assets and Liabilities:
- Total Assets: $107,338
- Total Liabilities: $858
- Net Assets: $106,480
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Organization Details
Phone
(802) 872-0034Principal Officer
Ellen Morris
Main Address
11 Pearl Street, Essex Junction, VT, 05452
Website
www.vqf.orgNTEE Category
Code: A03 - Arts
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