Exeter Fine Crafts Inc

Nonprofit profile at a glance

EIN
020270374
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Exeter, NH, USA
Phone
6037788282
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$290,160
Expenses
$300,317
Assets
$272,283
Liabilities
$52,390

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • DALE ATKINS (CHAIRPERSON)
  • RENEE CRONIN (RECRUITING DIRECTOR)
  • LISA DOHERTY (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our purpose is to preserve and promote handcrafted arts and craftspeople in new england so they continue to be a visible, vital and cherished part of our cultural heritage. By providing both an educational and a retail environment, we expand public awareness and understanding of craft traditions and innovations, and increase public and private support for fine crafts and craftspeople.

What it reported doing in 2024

The organization operates a shop from which crafts made by members are sold. Classes are also held at this location. During 2024-2025, there were 83 regular studio classes conducted serving over 600 students. These included workshops in pottery, jewelry, felting, watercolors, and basket weaving.efc held jewelry classes as follows: one day workshops:-04/06/2024 learn to throw in one day workshop (4hr workshop) 8 students (full)-04/06/2024 nature inspired printmaking workshop (4.5hr workshop) 5 students-04/13/2024 sculpt with wire: bonsai tree workshop (5hr workshop) 3 students-04/20/2024 argentium: the magic silver workshop (5hr workshop) 8 students (full)-04/26/2024 felted spring nest with eggs workshop (4hr workshop) 6 students (full)-04/27/2024 felted spring bluebird workshop (5hr workshop) 6 students (full)-05/04/2024 may the 4th be with you! Star wars felting frenzy (5hr workshop) 4 students-05/08/2024 stackable rings workshop (5hr workshop) 7 students-05/11/2024 collage with tissue paper workshop (5hr workshop) 8 students (full)-05/11/2024 square basket weaving workshop (5hr workshop) 8 students (full)-05/18/2024 'things with wings' needle felting workshop (5hr workshop) 9 students-05/18/2024 get your prong on: gemstone setting workshop (5hr workshop) 6 students-05/18/2024 learn to throw in one day workshop (4hr workshop) 8 students (full)-06/01/2024 spinner ring workshop (5hr workshop) 8 students (full)-06/08/2024 pine needle basket workshop (6.5hr workshop) 4 students-06/15/2024 make your mark: treasure journals workshop (5hr workshop) 4 students-06/08/2024 learn to throw in one day workshop (4hr workshop) 7 students-06/13/2024 go with the flow: capturing summer w/watercolors (5hr workshop) 8 students-06/20/2024 basket weaving: grapevine rib tray (5hr workshop) 4 students-06/27/2024 fun with fiber: wet felted octopus (5hr workshop) 3 students-08/31/2024 botanical art: combining colored pencil/watercolor (5hr workshop) 9 students-09/07/2024 felted hummingbird workshop (5hr workshop) 4 students-09/14/2024 argentium: the magic silver workshop (5hr workshop) 6 students-09/28/2024 learn to throw in one day workshop (4hr workshop) 8 students-10/05/2024 capturing fall with watercolors (5hr workshop) 8 students-10/12/2024 cuff bracelet workshop (5hr workshop) 6 students (full)-10/19/2024 forging elegance: teardrop jewelry workshop (4hr workshop) 9 students (full)-10/28/2024 nuno felted scarf workshop (5hr workshop) 3 students-11/02/2024 block printed winter flora card sets workshop (5hr workshop) 8 students (full)-11/09/2024 torch fired enamel workshop (5hr workshop) 8 students (full)-11/16/2024 felted mushroom workshop (5hr workshop) 7 students (full)-11/23/2024 botanical illustration: w/colored pencils (5hr workshop) 6 students-11/23/2024 old world felted santa (6.5hr workshop) 3 students-02/08/2025 needlefelted lovebird workshop (5hr workshop) 10 student-02/15/2025 polymer clay jewelry workshop (3hr workshop) 7 students-02/28/2025 felted spring nest w/eggs workshop (4hr workshop) 4 students-03/01/2025 felted spring bluebird workshop (4hr workshop) 7 students (full)-03/08/2025 patterns in wool: lacy felted shawls workshop (6hr workshop) 6 students (full)-03/15/2025 stackable rings workshop (5hr workshop) 8 students (full)-03/22/2025 upcycle-the art of junk journals workshop (5hr workshop) 6 students-03/22/2025 introduction to punch needle workshop (4hr workshop) 6 students-03/29/2025 botanical art: needle felted florals workshop (5hr workshop) 6 students-03/29/2025 leaving an impression: silkscreen workshop (5hr workshop) 8 students (full)pottery open studio: 1-month increments- no fixed schedule, studio available during operating hours-july 2024: 11 students-august 2024: 12 students-december 2024: 13 students-january 2025: 11 students2 day workshops:-2 sessions 2 day triaxial basket weaving workshop (4hr sessions) 10/19 & 10/26: 6 students03/08 & 03/15: 4 students4 week workshops:- 05/07/24-05/28/24 plein air adventures in w

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.5%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $271K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.