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American Association Of Woodturners

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

EIN: 453809279 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is American Association Of Woodturners?

The American Association of Woodturners (AAW) is a nonprofit organization based in St. Paul, Minnesota. With a commitment to education, information, and organization in the field of woodturning, they cater to a diverse group of enthusiasts, including professionals, amateurs, collectors, and suppliers. The AAW annually hosts a significant gathering, the International Woodturning Symposium, which attracts over a thousand registered attendees and an additional 500 visitors. The event offers a premier learning opportunity for woodturners. The association's mission encompasses various woodturning applications, from decorative and functional items like bowls and vases to architectural elements, toys, musical instruments, and even sculptural art. The AAW, with a team of six dedicated individuals, provides a valuable platform for the woodturning community.


Official website here: www.woodturner.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star Rating

The American Association of Woodturners has received an 88% overall score, indicating a solid performance in terms of accountability and finance. The organization boasts a fully independent board, which enhances its governance structure. Additionally, it has strong oversight mechanisms, evidenced by a complete audit and oversight committee, and it maintains transparency by posting its financial statements and tax forms on its website.

While the organization shows commendable strengths, such as a low liabilities to assets ratio and a decent program expense ratio, it does have areas needing improvement. Notably, the association lacks a whistleblower policy, which is critical for ensuring transparency and protection for individuals reporting misconduct. This gap may raise concerns about governance practices, despite the other robust policies in place.

Overall, the American Association of Woodturners demonstrates a commitment to accountability and financial responsibility, but it could benefit from addressing the absence of certain governance policies to enhance its organizational integrity and trustworthiness further.


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

Is American Association Of Woodturners legitimate?

American Association Of Woodturners is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Woodturners 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: $107,987
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,082

For more financial information, click here


Official website here: www.woodturner.org

What is the mission statement of American Association Of Woodturners?

The American Association of Woodturners (AAW) is committed to providing education, information, and organization for individuals interested in woodturning. This branch of woodworking primarily involves using a lathe to shape wood, resulting in a diverse range of outcomes. From decorative and functional items like bowls, boxes, and vessels, to furniture, architectural spindles, toys, tools, musical instruments, and even sculptural art, woodturning encompasses a wide variety of creations. The AAW membership includes professionals, amateurs, gallery owners, collectors, wood and tool suppliers, among others, who share a passion for this unique art form.


Official website here: www.woodturner.org

Who is the CEO of American Association Of Woodturners?

Jennifer Newberg is the President of American Association Of Woodturners.


Official website here: www.woodturner.org

What is the revenue of American Association Of Woodturners?

American Association Of Woodturners's revenue in 2022 was $1,553,229.


Official website here: www.woodturner.org

Who are the executives of American Association Of Woodturners and what are their salaries?

The average compensation at American Association Of Woodturners during 2022 was $65,678. There are 6 employees and 100 volunteers at American Association Of Woodturners.


Here are 16 key members and their salaries:


Mike Summerer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Britt (President/Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Lobaito Trustee 72522 (Treasurer/Endowment Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Brown (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Beechwood Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kc Kendall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Winkle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dickey Thru 72522 (Endowment Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Burnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hill (Endowment Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wahl (Endowment Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kean Werner Starting 72522 (Endowment Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Winton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Mcdonald (Executive Director)
  • Compensation: $107,987
  • Related: $0
  • Other: $0


Official website here: www.woodturner.org

Where can I find the form 990 for American Association Of Woodturners?

American Association Of Woodturners's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.woodturner.org

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

Mission Statement of American Association Of Woodturners

The American Association of Woodturners, or AAW, is dedicated to offering education, information, and organization to individuals with an interest in woodturning. This specific branch of woodworking revolves around utilizing a lathe to shape wood, resulting in a diverse range of creations. From decorative and functional bowls, boxes, and vessels to furniture, architectural spindles, toys, tools, musical instruments, and even sculptural art, the outcomes of woodturning can be both familiar and profound.

The mission of the AAW encompasses connecting professionals, amateurs, gallery owners, collectors, wood, and tool suppliers through shared passion and knowledge. By providing resources and opportunities for growth, the organization fosters a supportive community where members can learn, collaborate, and showcase their work. Whether an individual is seeking to enhance their skills, discover new techniques, or connect with like-minded individuals, the AAW serves as a valuable resource in the world of woodturning.

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Impact




July, 2024

The American Association of Woodturners has a significant impact on the woodturning community by providing education, information, and organization to enthusiasts in this craft. Through events like the AAW International Woodturning Symposium, which draws large numbers of attendees and offers a premier learning opportunity, the organization fosters a vibrant woodturning culture. Woodturners of all levels benefit from the resources and support provided by the AAW, contributing to the growth and advancement of this unique form of woodworking.




This information is meant to be a general summary of American Association Of Woodturners. 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
$1,553,229 (2022)
Expenses
$1,711,471 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$26,904
  • Program Service Revenue: $1,362,065
  • Gross Receipts: $1,958,234

Assets and Liabilities:

  • Total Assets: $2,089,937
  • Total Liabilities: $611,996
  • Net Assets: $1,477,941

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Programs

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

MEMBERSHIP DUES

Revenue

$757,641

SYMPOSIUM

Revenue

$449,914

AMERICAN WOODTURNER

Revenue

$154,510

Organization Details

Founding Year

2011

Principal Officer

Jennifer Newberg

Main Address

222 LANDMARK CENTER 75 W 5TH ST, ST PAUL, MN, 55102

NTEE Category

Code: A40 - Arts

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