Quilt Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,863 | 68,484 | 167,379 | 29.3 | 0% |
| 2012 | 419,281 | 289,311 | 129,970 | 12.3 | 0% |
| 2013 | 363,297 | 288,986 | 74,311 | 15.4 | 9% |
| 2014 | 457,228 | 330,474 | 126,754 | 17.8 | 11% |
| 2015 | 294,199 | 307,940 | −13,741 | 18.6 | 31% |
| 2016 | 321,883 | 363,182 | −41,299 | 14.4 | 28% |
| 2017 | 268,926 | 315,911 | −46,985 | 14.7 | 30% |
| 2018 | 253,157 | 317,745 | −64,588 | 12.2 | 31% |
| 2019 | 296,896 | 339,762 | −42,866 | 9.9 | 29% |
| 2020 | 234,389 | 214,019 | 20,370 | 18.7 | 43% |
| 2021 | 162,629 | 191,598 | −28,969 | 19.1 | 25% |
| 2022 | 207,120 | 290,628 | −83,508 | 9.4 | 32% |
| 2023 | 219,014 | 282,990 | −63,976 | 6.9 | 42% |
In its most recent public year (2023), this organization spent $63,976 more than it brought in. Its reserves stood at about 6.9 months of spending, down from 29.3 in 2011. Staff pay was 42% of spending.
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
Quilt Institute Inc'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