Overview
What is Textile Center Of Minnesota?
The Textile Center of Minnesota, established in 1994, is a distinguished national hub for fiber art located in Minneapolis, Minnesota. It serves as a focal point for year-round exhibitions, educational programs for both adults and youth, a vast library with 35,000 books and periodicals specializing in textiles and fiber art, and a retail shop that supports local fiber artists. The center also engages in community outreach, boasts a dye lab and dye garden, and offers the McKnight Fellowships for fiber artists. With fiber art being the most popular form of art among Minnesotans, the Textile Center has played a significant role in championing this art form. The organization's mission is to honor textile traditions, foster excellence and innovation, and inspire widespread participation in fiber art. The Textile Center, located near the Metro Green Line Prospect Park Station, provides free and open exhibitions five days a week and offers online programs to reach a broader audience. It embraces various fiber art disciplines and provides resources for innovation, including the Ellen Eredes Wells Dye Lab and the Pat O'Connor Library.
Official website here: www.textilecentermn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Textile Center of Minnesota has received a commendable score of 96%, reflecting its strong performance in accountability and finance. This high rating signifies effective fiscal management and transparency, crucial for donors looking to support responsible organizations. The organization boasts a fully independent board, which enhances governance, and it has received full marks in various accountability measures.
Key strengths of the Textile Center include a strong commitment to financial oversight, with a program expense ratio of 79.59%, indicating that a significant portion of its budget is directed toward programs rather than administrative costs. Additionally, the presence of well-documented policies, such as conflict of interest and whistleblower protections, further underscores its dedication to ethical practices and organizational integrity.
While the Textile Center has demonstrated strong financial health and governance, there are no specific limitations noted in the available data. Overall, its Four-Star rating from Charity Navigator suggests that it is a reliable and responsible nonprofit worthy of support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Textile Center Of Minnesota?
84% of the 347 reviewers on Facebook would recommend the Textile Center of Minnesota. Here is a summary of their reviews:
Many users appreciate the charming gift shop, highlighting its unique offerings and lovely atmosphere. The art displayed throughout the center is frequently mentioned as beautiful and inspiring, contributing to a positive experience for those visiting the nonprofit.
Overall, the sentiments shared indicate that patrons find value in their visits, enjoying both the artistic elements and the merchandise available for purchase. People feel that the Textile Center successfully blends creativity with a welcoming shopping environment.
This AI summary has been generated from reviews found on Facebook.
Is Textile Center Of Minnesota legitimate?
Textile Center Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Textile Center Of Minnesota 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: $120,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $446,984
For more financial information, click here
Official website here: www.textilecentermn.org
What is the mission statement of Textile Center Of Minnesota?
The Textile Center of Minnesota's mission is centered around honoring traditional textile practices, promoting excellence and innovation in fiber art, fostering appreciation for the craft, and inspiring widespread participation. The organization aims to increase knowledge and skills in fiber arts, with a commitment to inclusivity and affordability. They offer a range of exhibitions, classes, and resources for artists and enthusiasts, including their retail shop and extensive library. The Textile Center presents more than 20 exhibitions annually, both physically and online, and encourages appreciation and entrepreneurship through demonstrations and consignment opportunities. They are dedicated to embracing various fiber art disciplines and cater to both beginners and master artists.
Official website here: www.textilecentermn.org
Who is the CEO of Textile Center Of Minnesota?
Karl Reichert is the President of Textile Center Of Minnesota.
Official website here: www.textilecentermn.org
What is the revenue of Textile Center Of Minnesota?
Textile Center Of Minnesota's revenue in 2023 was $1,166,686.
Official website here: www.textilecentermn.org
Who are the executives of Textile Center Of Minnesota and what are their salaries?
The average compensation at Textile Center Of Minnesota during 2023 was $37,814. There are 15 employees and 75 volunteers at Textile Center Of Minnesota.
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- Compensation: $114,225
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- Other: $9,527
Official website here: www.textilecentermn.org
Where can I find the form 990 for Textile Center Of Minnesota?
Textile Center Of Minnesota's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.textilecentermn.org
Learn more at the official website: www.textilecentermn.org
Mission Statement of Textile Center Of Minnesota
The Textile Center of Minnesota is dedicated to upholding the rich traditions of textile art, while simultaneously promoting excellence and innovation in this field. Their mission is multifaceted, aiming to foster widespread participation and appreciation for fiber art. They achieve this by offering a variety of programs and resources, including year-round exhibitions, educational courses for both adults and youth, a vast library focused on textiles, a retail artisan shop, community outreach programs, a dye lab and dye garden, and the prestigious McKnight Fellowships for fiber artists. The Textile Center plays a significant role in promoting fiber art, being the primary champion for this art form in Minnesota, where it is the most popular art form among residents.
The Textile Center is committed to increasing knowledge and skills in fiber arts, which directly supports their strategic goals. These objectives include leading with inclusive principles to ensure equal opportunities for all, prioritizing affordability and accessibility of their program offerings, and supporting and inspiring fiber artists, makers, and appreciators at all levels. The center presents more than 20 exhibitions annually across four galleries, offering free and public access to these exhibitions five days a week and also virtually on their website. Their artisan retail shop provides opportunities for the public to meet artists and learn about their work, and they offer mentorship to consignment artists on business practices. The Textile Center embraces all forms of fiber art, offering classes and exhibits that cater to both beginners and master artists. They extend their programming throughout the Twin Cities and are expanding their reach nationally through online programming.
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Impact
July, 2024
The Textile Center of Minnesota plays a crucial role in honoring textile traditions, promoting excellence and innovation, nurturing appreciation, and inspiring widespread participation in fiber art. As a national center for fiber art based in Minneapolis, the organization provides year-round exhibitions, fiber art education programs for both adults and youth, a vast library dedicated to textiles and fiber art, a retail artisan shop supporting fiber artists, community outreach programs, a dye lab and dye garden, and the prestigious McKnight Fellowships for fiber artists.
By offering over 20 exhibitions annually in its galleries, including free access to the public, the Textile Center fosters an environment where fiber art is appreciated and embraced. Additionally, the organization supports fiber artists at all levels through classes, exhibitions, fellowships, sales, and collaboration. Its inclusive principles ensure opportunities for all constituents, regardless of background, to thrive in the fiber art community.
Through a wide range of programming that includes all forms of fiber art such as weaving, quilting, knitting, sewing, dyeing, felting, and more, the Textile Center expands its reach locally and nationally. The organization's dedication to increasing fiber arts knowledge and skills not only supports its strategic goals but also contributes to the larger cultural landscape. Overall, the Textile Center of Minnesota has a significant impact on the fiber art community, fostering creativity, innovation, and a deep appreciation for textile traditions.
This information is meant to be a general summary of Textile Center Of Minnesota. 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 2023.
- Investment Income: $9,044
- Program Service Revenue: $165,622
- Gross Receipts: $1,266,111
Assets and Liabilities:
- Total Assets: $2,444,518
- Total Liabilities: $402,455
- Net Assets: $2,042,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION/PROGRAM FEES
Revenue
$126,413
WORKSHOP RENTAL
Revenue
$39,209
Organization Details
Founding Year
1994
Phone
(612) 436-0464Principal Officer
Karl Reichert
Main Address
3000 UNIVERSITY AVE SE, MINNEAPOLIS, MN, 55414
Website
www.textilecentermn.orgNTEE Category
Code: B99 - Education
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