TEXTILE STUDY GROUP OF NEW YORK C/O RUTH MARCHESE

EIN: 061600686 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$43,386
Total Expenses
$37,534
Total Assets
$54,099
Net Assets
$54,099
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
DEBORAH MORRIS
Phone
7186257233
Tax Period
2023-01-01 to 2023-12-31

TEXTILE STUDY GROUP OF NEW YORK C/O RUTH MARCHESE, founded in 2000, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $43K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $38K left a modest 13% surplus.

Mission

THE TEXTILE STUDY GROUP OF NEW YORK ENCOURAGES AND PROMOTES GIFTED ARTISTS AND PUBLIC INTEREST IN THE FIBER ARTS. THE ORGANIZATION ARRANGES FOR AND CONDUCTS LECTURES, SEMINARS AND EXHIBITIONS IN FIBER ARTS.

Program Service Accomplishments

Program 1
Revenue: $12,027

THE TEXTILE STUDY GROUP OF NEW YORK ENCOURAGES AND PROMOTES GIFTED ARTISTS AND PUBLIC INTEREST IN THE FIBER ARTS. THE ORGANIZATION ARRANGES FOR AND CONDUCTS LECTURES, SEMINARS AND EXHIBITIONS IN...

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THE TEXTILE STUDY GROUP OF NEW YORK ENCOURAGES AND PROMOTES GIFTED ARTISTS AND PUBLIC INTEREST IN THE FIBER ARTS. THE ORGANIZATION ARRANGES FOR AND CONDUCTS LECTURES, SEMINARS AND EXHIBITIONS IN FIBER ARTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,348
Program Service Revenue $12,027
Investment Income $11
Other Revenue $0
TOTAL REVENUE $43,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,912
Other Expenses $37,534
TOTAL EXPENSES $37,534

Year-over-Year Comparison

2023 2022 Change
Revenue $43,386 $32,284 +0.3%
Expenses $37,534 $20,699 +0.8%
Net Income $5,852 $11,585 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERESA BERGER DIRECTOR N/A
Director
$0 $0 $0
ROBYN DANIAL DIRECTOR N/A
Director
$0 $0 $0
RUTH MARCHESE TREASURER N/A
Officer Director
$0 $0 $0
BARBARA MAXEY VICE PRESIDE N/A
Officer Director
$0 $0 $0
DEBORAH MORRIS PRESIDENT N/A
Officer Director
$0 $0 $0
ROBIN BUSCEMI RIVERA SECRETARY N/A
Officer Director
$0 $0 $0
RODICA TENEBAUM DIRECTOR N/A
Director
$0 $0 $0
SUSAN WELTMAN DIRECTOR N/A
Director
$0 $0 $0
MARGUERITE WOLFE DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $43,386 $37,534 $54,099 $5,852
2022 $32,284 $20,699 $48,247 $11,585
2021 $19,960 $14,954 $36,662 $5,006
2020 $37,255 $38,293 $32,534 $-1,038
2019 $47,843 $37,370 $34,450 $10,473
2018 $29,294 $27,564 $24,854 $1,730
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