THE QUILTERS HALL OF FAME INC

EIN: 770309588 501(c)(3) Arts, Culture & Humanities

MARION, IN

Total Revenue
$154,720
Total Expenses
$145,156
Total Assets
$644,422
Net Assets
$636,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
DEBRA SHEPLER
Phone
7656649333
Tax Period
2023-01-01 to 2023-12-31

THE QUILTERS HALL OF FAME INC, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $155K in total revenue in fiscal year 2023. Expenses of $145K left a modest 6% surplus.

Mission

THE MISSION OF THE QUILTERS HALL OF FAME IS TO CELEBRATE QUILTING AS AN ART FORM BY HONORING THE LIVES AND ACCOMPLISHMENTS OF THOSE PEOPLE WHO HAVE MADE OUTSTANDING CONTRIBUTIONS TO THE WORLD OF QUILTING; BY THE RESTORATION AND PRESERVATION OF THE HOME OF QUILT DESIGNER MARIE D WEBSTER IN MARION INDIANA; BY PROMOTING PUBLIC AWARENESS OF QUILTING THROUGH EDUCATIONAL PROGRAMS,EXHIBITS, PUBLICATIONS, AND RESEARCH; AND BY COLLECTING, PRESERVING AND DOCUMENTING MATERIALS RELATED TO THE HONOREES OF THE QUILTERS HALL OF FAME.

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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 $120,984
Program Service Revenue $26,501
Investment Income $662
Other Revenue $6,573
TOTAL REVENUE $154,720

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,599
Fundraising Expenses $0
Program Expenses $131,102
Other Expenses $84,557
TOTAL EXPENSES $145,156

Year-over-Year Comparison

2023 2022 Change
Revenue $154,720 $162,667 0.0%
Expenses $145,156 $145,184 0.0%
Net Income $9,564 $17,483 -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

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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
10
Independent Members
10
Employees
2
Volunteers
50

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAZEL CARTER DIRECTOR 1.00
Director
$0 $0 $0
JOHN DEVINE DIRECTOR 1.00
Director
$0 $0 $0
MIMI DIETRICH DIRECTOR 1.00
Director
$0 $0 $0
ANITA HARDEN DIRECTOR 1.00
Director
$0 $0 $0
JOYCE HOSTETLER SECRETARY 1.00
Officer Director
$0 $0 $0
CAROL MALONE DIRECTOR 1.00
Director
$0 $0 $0
SUE MUNN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ROSALAND WEBSTER PERRY DIRECTOR 1.00
Director
$0 $0 $0
DEBRA SHEPLER PRESIDENT 1.00
Officer Director
$0 $0 $0
MARY BETH SIMMS DIRECTOR 1.00
Director
$0 $0 $0
BARB TRISCARI DIRECTOR 1.00
Director
$0 $0 $0
REGINA THOMPSON TREASURER 1.00
Officer
$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
2024 No data No data No data No data
2023 $154,720 $145,156 $644,422 $9,564
2022 $162,667 $145,184 $633,188 $17,483
2021 $241,705 $122,452 $616,311 $119,253
2020 $142,050 $119,724 $496,139 $22,326
2019 $147,486 $132,359 $500,738 $15,127
2018 $120,001 $136,305 $514,237 $-16,304
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