American Quilt Study Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 282,202 | 236,052 | 46,150 | 18.6 | 31% |
| 2013 | 356,433 | 240,292 | 116,141 | 24.1 | 30% |
| 2014 | 293,130 | 277,400 | 15,730 | 21.5 | 26% |
| 2015 | 285,828 | 249,176 | 36,652 | 25.5 | 34% |
| 2016 | 166,833 | 216,913 | −50,080 | 26.2 | 25% |
| 2017 | 327,233 | 289,861 | 37,372 | 23.1 | 30% |
| 2018 | 364,027 | 316,815 | 47,212 | 19.5 | 29% |
| 2019 | 297,904 | 261,032 | 36,872 | 29.5 | 35% |
| 2020 | 207,904 | 159,077 | 48,827 | 56.7 | 57% |
| 2021 | 377,246 | 291,761 | 85,485 | 36.5 | 34% |
| 2022 | 330,520 | 333,826 | −3,306 | 26.5 | 33% |
| 2023 | 524,772 | 450,187 | 74,585 | 23.8 | 29% |
In its most recent public year (2023), this organization brought in $74,585 more than it spent. Its reserves stood at about 23.8 months of spending, up from 18.6 in 2012. Staff pay was 29% of spending. $264,553 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
American Quilt Study Group's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works