Minnesota Quilters, Inc
Legal name: Minnesota Quilters Inc
Nonprofit profile at a glance
- EIN
- 411335108
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- St Paul, MN, United States
- Phone
- 651-224-3572
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $346,042
- Expenses
- $367,345
- Assets
- $188,773
- Liabilities
- $832
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- WENDY KIESER (PRESIDENT)
- WYNN MARTIN (PAST PRESIDENT)
People named in this filing
- WENDY KIESER (PRESIDENT)
- WYNN MARTIN (PAST PRESIDENT)
- MARCY HUGGINS (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
The mission of Minnesota Quilters, Inc. is to nurture the art and craft of quilting through inspiration and education, to support our communities through our craft, and to honor our quilting heritage. Our Vision. Are you a beginner quilter? We would love to support you through our scholarship. The winner gets free registration for the show plus a free workshop and other show benefits. Fill out the application form and send it in by October 1, 2025. Exhibiting your work Prepping your quilt for exhibit? Use these directions for adding a hanging sleeve so it will work with our hanging system.
What it reported doing in 2024
Membership services - two meetings are held each month. One is a zoom only meeting and the other is a zoom/in-person hybrid. These meetings are open to members and guests, and include demonstrations, lectures, programs, workshops, announcements and "show and tell." Minnesota quilt project - identifies and documents quilts, both privately and publicly held, that have a Minnesota connection. The goals of mqp are to preserve images and information collected by mqp and make that collection of information available to the public.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 88% 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 a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 94
- Accountability: 88
- Sustainability: 34
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 67.4%; rating input score 67
- 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: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: -6.2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -2.1% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: -1.7% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 18th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 75.7% of revenue deployed · 67.4% of spending went to programs
- Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $248K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2011 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.