Indiana Heritage Quilt Show
Nonprofit profile at a glance
- EIN
- 382021779
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025
- Location
- Bloomington, IN, USA
- Phone
- 8123279108
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $76,114
- Expenses
- $74,011
- Assets
- $101,126
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Brenda Duncan Davis (Chairman)
- Susan Colston (Vice Chair)
- Terry Pate (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Annual quilt show in Bloomington, IN, which includes quilting exhibits, classes, lectures, and Q&A forums by nationally recognized teachers. Prizes are given for various categories of quilted art and vendors promote the latest in quilting supplies
What it reported doing in 2025
Prize money - all entries are judged by outside professionalsand cash prizes awarded for winners
Operating model
- Revenue model
- Earned-program. 97% 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.3%; rating input score 57
- Program expense ratio: 60.5%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.8%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 16.2% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 1.7% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 57.3% of revenue deployed · 60.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $45K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 57/100.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.