Overview
What is The National Quilt Museum Inc?
The National Quilt Museum Inc, located at 215 Jefferson Street, Paducah, Kentucky, is a dedicated nonprofit institution established to educate, promote, and honor contemporary quiltmakers. With a mission to foster the appreciation of quilts, this organization offers programs and services that cater to a global audience, including the local and national public. As a non-profit, The National Quilt Museum Inc's primary objective is to promote the study of quilts and their rich history and heritage. With a committed workforce of 19 individuals, the museum strives to educate and honor today's quiltmakers, contributing to the ongoing evolution of this unique art form.
Official website here: www.quiltmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The National Quilt Museum Inc has achieved an impressive 96% rating from Charity Navigator, indicating a high level of financial health and accountability. Scoring 100% in Accountability & Finance, the organization demonstrates a strong commitment to transparency and responsible financial management. The museum's board is composed entirely of independent members, which enhances governance and ensures that decisions are made in the best interest of the organization.
Strengths of the National Quilt Museum include a solid financial structure, reflected in a low liabilities-to-assets ratio of 0.83%, and a significant program expense ratio of 72.03%. This suggests that a large portion of their resources is allocated directly towards their mission, supporting their programs and initiatives effectively. The presence of comprehensive policies such as conflict of interest, whistleblower, and document retention further underscores their commitment to ethical practices and governance.
There were no noted limitations in the data provided, highlighting the organization's robust operational practices and financial health. Overall, the National Quilt Museum Inc stands out as a well-managed nonprofit, committed to its mission and transparent in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is The National Quilt Museum Inc legitimate?
The National Quilt Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Quilt Museum 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: $31,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,007
For more financial information, click here
Official website here: www.quiltmuseum.org
What is the mission statement of The National Quilt Museum Inc?
The National Quilt Museum Inc, as a non-profit organization, was established with a mission to educate, promote, and honor contemporary quiltmakers. This institution serves to enlighten the local, national, and international public about the art, history, and heritage of quiltmaking. Through various programs and services, the museum aims to foster a deeper appreciation for quilts and the skill and creativity involved in their creation.
Official website here: www.quiltmuseum.org
What is the revenue of The National Quilt Museum Inc?
The National Quilt Museum Inc's revenue in 2024 was $997,314.
Official website here: www.quiltmuseum.org
Who are the executives of The National Quilt Museum Inc and what are their salaries?
The average compensation at The National Quilt Museum Inc during 2024 was $20,376. There are 19 employees and 30 volunteers at The National Quilt Museum Inc.
Here are 5 key members and their salaries:
- Compensation: $8,654
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.quiltmuseum.org
Where can I find the form 990 for The National Quilt Museum Inc?
The National Quilt Museum Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.quiltmuseum.org
Learn more at the official website: www.quiltmuseum.org
Mission Statement of The National Quilt Museum Inc
The National Quilt Museum Inc, a non-profit institution, is established with a mission to educate, promote, and honor today's quiltmakers. This organization serves as a platform to foster the study and appreciation of quilts, an art form deeply rooted in history and heritage. By offering programs and services, The National Quilt Museum Inc aims to engage the local, national, and international public, spreading knowledge about the art of quilting. This mission is carried out with a goal to celebrate and preserve the craftsmanship and creativity of quiltmakers, ensuring their legacy lives on.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The National Quilt Museum Inc's impact lies in its efforts to promote the study and appreciation of quilts. Through its programs and services, the museum educates the local, national, and international public about the art, history, and heritage of quiltmaking. By fulfilling its mission to educate, promote, and honor today's quiltmakers, The National Quilt Museum Inc plays a vital role in preserving and showcasing this unique form of artistic expression.
This information is meant to be a general summary of The National Quilt Museum 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 2024.
- Investment Income: $10,575
- Program Service Revenue: $398,658
- Gross Receipts: $1,300,784
Assets and Liabilities:
- Total Assets: $5,894,465
- Total Liabilities: $49,407
- Net Assets: $5,845,058
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions
Revenue
$387,709
Exhibits and misc.
Revenue
$10,949
Organization Details
Founding Year
1991
Principal Officer
Bonnie Schrock
Website
www.quiltmuseum.orgNTEE Category
Code: A500 - Arts
If you are a representative of The National Quilt Museum Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.