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Studio Art Quilt Assoc Inc

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

EIN: 770271652 ✦ Hebron, CT ✦ Designated as a 501(c)(3)

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Overview

What is Studio Art Quilt Assoc Inc?

Studio Art Quilt Associates Inc., established in 1989, is an international non-profit organization based in Hebron, Connecticut. With over 4,000 members worldwide, their primary mission is to champion the art quilt, which is characterized by layered and stitched or layered structures that reference this technique. They offer their members a multitude of exclusive resources and professional opportunities, aiming to foster their creative growth. These resources include a quarterly journal, online platforms, seminars, mentorship programs, annual conferences, and regional meetings. The organization's objectives are centered around education, exhibitions, professional development, documentation, and publications, working tirelessly to promote the art quilt on a global scale.


Official website here: www.saqa.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating)

The Studio Art Quilt Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization achieved an overall score of 85%, reflecting its strong performance in the Accountability & Finance category, which carries significant weight in the evaluation process. The charity is noted for having a fully independent board, with 17 members, which enhances its governance credibility.

The financial management of the organization appears robust, as evidenced by a perfect score in several areas, including independent financial audits and the absence of material diversion of assets. Further, the organization demonstrates a strong commitment to transparency and oversight, with policies in place for conflicts of interest and whistleblower protections, and it maintains documented board meeting minutes.

However, while the organization excels in many governance metrics, it has a liabilities to assets ratio of 59.82%, which may raise some concerns about its financial leverage. Nonetheless, the high program expense ratio of 76.02% suggests that a significant portion of its resources is directed towards fulfilling its mission, an encouraging sign for potential donors and stakeholders.


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

Is Studio Art Quilt Assoc Inc legitimate?

Studio Art Quilt Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Studio Art Quilt Assoc 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: $110,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,362

For more financial information, click here


Official website here: www.saqa.com

What is the mission statement of Studio Art Quilt Assoc Inc?

Studio Art Quilt Assoc Inc's mission is centered around promoting the art quilt. They achieve this through various means, including education, exhibitions, professional development, documentation, and publications. This non-profit organization, founded in 1989, offers its over 4,000 members numerous exclusive resources and professional opportunities to foster their creative growth. These resources include a quarterly journal, online resources, seminars, mentorship programs, an annual conference, and regional meetings.


Official website here: www.saqa.com

Who is the CEO of Studio Art Quilt Assoc Inc?

Martha Sielman is the Executive Director of Studio Art Quilt Assoc Inc.


Official website here: www.saqa.com

What is the revenue of Studio Art Quilt Assoc Inc?

Studio Art Quilt Assoc Inc's revenue in 2022 was $1,257,266.


Official website here: www.saqa.com

Who are the executives of Studio Art Quilt Assoc Inc and what are their salaries?

The average compensation at Studio Art Quilt Assoc Inc during 2022 was $61,602. There are 6 employees and 150 volunteers at Studio Art Quilt Assoc Inc.


Here are 21 key members and their salaries:


Martha Sielman (Executive Director)
  • Compensation: $105,909
  • Related: $0
  • Other: $3,305
Deborah Boschert (President)
  • Compensation: $950
  • Related: $0
  • Other: $0
Mel Beach (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolores Miller (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwyned Trefethen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne Gaskins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Brackmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Ducey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earamichia Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivika Denegre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Friedman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Conley (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Trail (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Vanderweit (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Phelan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Passmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jette Clover (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathie Kerler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lilo Bowman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaimianne Jacobin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Schiffer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saqa.com

Where can I find the form 990 for Studio Art Quilt Assoc Inc?

Studio Art Quilt Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.saqa.com

Learn more at the official website: www.saqa.com

Mission Statement of Studio Art Quilt Assoc Inc

Studio Art Quilt Associates, a renowned international non-profit organization established in 1989, is committed to advancing the art quilt. Their mission is multifaceted, encompassing education, exhibitions, professional development, documentation, and publications. This non-profit organization aims to promote the art quilt, defined as a creative visual work that is layered and stitched or references this form of stitched layered structure.

To accomplish this mission, Studio Art Quilt Associates offers a variety of exclusive resources and professional opportunities to its 4,000+ members. These benefits are designed to foster their creative growth. Members can expect a quarterly journal, providing a platform for showcasing and discussing the latest developments in the art quilt world. Additionally, the non-profit provides online resources, seminars, mentorship programs, and annual conferences to further enrich the members' artistic journey. Regional meetings are also organized, offering opportunities for members to connect and collaborate locally.

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Impact




July, 2024

Studio Art Quilt Assoc Inc has had a significant impact on promoting the art quilt medium through education, exhibitions, professional development, documentation, and publications. With a membership of over 4,000 individuals, this organization provides exclusive resources and opportunities for artists to enhance their creative growth. By offering services such as a quarterly journal, online resources, seminars, mentorship, an annual conference, and regional meetings, Studio Art Quilt Assoc Inc plays a crucial role in supporting artists in this unique form of creative expression.




This information is meant to be a general summary of Studio Art Quilt Assoc 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.

Revenue
$1,257,266 (2022)
Expenses
$1,212,396 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,273
  • Program Service Revenue: $664,997
  • Gross Receipts: $1,308,932

Assets and Liabilities:

  • Total Assets: $1,123,862
  • Total Liabilities: $672,404
  • Net Assets: $451,458

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Programs

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

MEMBERSHIP FEES

Revenue

$317,589

PRODUCTS AND PUBLICATIONS

Revenue

$136,666

EXHIBITION INCOME

Revenue

$115,725

CONFERENCES AND WORKSHOPS

Revenue

$95,017

Organization Details

Founding Year

1990

Principal Officer

Martha Sielman

Main Address

PO BOX 141, HEBRON, CT, 06248

NTEE Category

Code: A44Z - Arts

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