Overview
What is Modern Quilt Guild Inc?
Modern Quilt Guild Inc, based in Los Angeles, California, is a nonprofit organization dedicated to fostering and promoting modern quilting. Their mission involves supporting and encouraging the development of this art form through education and community engagement. In 2022, the organization returned to an in-person format for their annual convention, Quiltcon, after it was held virtually due to the pandemic in 2021. The event featured over 125 lecturers, workshops, and social events, drawing approximately 6,700 attendees from 49 US states and various countries. The event showcased over 650 displayed quilts, including a special exhibit of quilts created by Indigenous makers. This gathering serves as a platform for quilters of all ages to connect and share their passion for the craft, with the return to in-person events in 2022 being particularly appreciated by attendees who had been isolated for over two years. The organization, with a workforce of 7 individuals, has a significant impact on the modern quilting community.
Official website here: www.themodernquiltguild.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
The Modern Quilt Guild Inc has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in its accountability and financial management. While the organization has a strong independent board with 100% of its members being independent, and demonstrates solid program expense management, it struggles with essential governance policies such as a whistleblower policy and document retention procedures.
The Guild has shown strengths in its financial transparency and governance structure, with no material diversion of assets and proper documentation of board meeting minutes. However, the absence of critical policies and the lack of a posted tax form on their website have contributed to their lower score. The liabilities to assets ratio also raises concerns about the organization's overall financial health.
Improving governance practices and increasing transparency could help the Modern Quilt Guild enhance its rating and build greater trust with its donors and stakeholders. Addressing these limitations may also assist in better fulfilling its mission in the quilting community.
This AI summary has been generated from information found on Charity Navigator.
Is Modern Quilt Guild Inc legitimate?
Modern Quilt Guild Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Modern Quilt Guild 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: $99,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $318,038
For more financial information, click here
Official website here: www.themodernquiltguild.com
What is the mission statement of Modern Quilt Guild Inc?
The Modern Quilt Guild Inc's mission is centered around supporting and encouraging the growth and development of modern quilting through art, education, and community. They aim to accomplish this by fostering an environment that nurtures the creative and educational aspects of modern quilting, and by promoting a sense of community among quilters of all ages. Annually, they host events like QUILTCON, which brings together quilters from various states and countries, offering lectures, workshops, and social events. In 2022, the event showcased over 650 quilts, including a special exhibit highlighting indigenous quilters' work. The return to an in-person format in 2022 was particularly appreciated by attendees who had felt isolated during the pandemic.
Official website here: www.themodernquiltguild.com
Who is the CEO of Modern Quilt Guild Inc?
Vikki Gray is the Chairman And Regional Rep of Modern Quilt Guild Inc.
Official website here: www.themodernquiltguild.com
What is the revenue of Modern Quilt Guild Inc?
Modern Quilt Guild Inc's revenue in 2022 was $1,206,669.
Official website here: www.themodernquiltguild.com
Who are the executives of Modern Quilt Guild Inc and what are their salaries?
The average compensation at Modern Quilt Guild Inc during 2022 was $59,589. There are 7 employees and 381 volunteers at Modern Quilt Guild Inc.
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- Compensation: $102,750
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- Other: $2,947
Official website here: www.themodernquiltguild.com
Where can I find the form 990 for Modern Quilt Guild Inc?
Modern Quilt Guild Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.themodernquiltguild.com
Learn more at the official website: www.themodernquiltguild.com
Mission Statement of Modern Quilt Guild Inc
The Modern Quilt Guild Inc is dedicated to fostering and promoting the progression of modern quilting through artistic expression, education, and community engagement. Their mission is to stimulate and reinforce the growth and development of modern quilting, encouraging creators of all ages and backgrounds. This nonprofit organization achieves this by organizing events such as Quiltcon, an annual convention that brings together quilters from various parts of the world. In 2022, Quiltcon returned to an in-person format, attracting approximately 6,700 attendees from 49 U.S. states and numerous countries. The convention featured over 125 lecturers, workshops, and social events, showcasing more than 650 displayed quilts, including a special exhibit of quilts crafted by indigenous makers. This gathering not only provides a platform for quilters to connect and share their passion but also serves as a source of inspiration and education, furthering the development of modern quilting.
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Impact
July, 2024
Modern Quilt Guild Inc's impact lies in its support and encouragement of modern quilting through art, education, and community. The organization hosts QuiltCon, its annual convention, which returned to an in-person format in 2022 after being virtual in 2021 due to the pandemic. This event featured over 125 lecturers, workshops, and social events, attracting approximately 6,700 people from 49 U.S. states and multiple countries. With more than 650 displayed quilts, including a special exhibit by Indigenous makers, QuiltCon serves as a platform for quilters of all ages to connect and showcase their creations.
The return to in-person events in 2022 was particularly valued by attendees who had been isolated for the previous months. By organizing such events and providing a space for modern quilters to gather, learn, and inspire each other, Modern Quilt Guild Inc contributes to the growth and development of modern quilting as an art form.
This information is meant to be a general summary of Modern Quilt Guild 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: $570
- Program Service Revenue: $1,183,786
- Gross Receipts: $1,263,612
Assets and Liabilities:
- Total Assets: $471,322
- Total Liabilities: $403,791
- Net Assets: $67,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
QUILTCON
Revenue
$905,760
MEMBERSHIP DUES
Revenue
$278,026
Organization Details
Founding Year
2011
Phone
(503) 847-9418Principal Officer
Vikki Gray
Main Address
4470 W SUNSET BLVD 226, LOS ANGELES, CA, 90027
Website
www.themodernquiltguild.comNTEE Category
Code: A40 - Arts
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