Visions Museum of Textile Art
Nonprofit profile at a glance
- EIN
- 330122009
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- San Diego, CA, USA
- Phone
- 6195464872
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Visual Arts Organizations
Reported finances
- Revenue
- $470,841
- Expenses
- $523,456
- Assets
- $1,046,322
- Liabilities
- $50
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Katrina Bruins (Executive Director)
Highest reported compensation
- Katrina Bruins (Executive Director): $87,063 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of this corporation shall be the promotion and appreciation of the rich history, artistry, and cultural significance of quilting and textile art.
What it reported doing in 2025
The Organization presents workshops, lectures, contemporary quilt registry, and related activities to its members, world arts community and the general public. The art organization presents gallery exhibitions and biennial juried internationalexibitions along with a printed catalogue of exhibited pieces and information about each piece
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Accountability: 90
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.3%; rating input score 98
- Program expense ratio: 78.5%; rating input score 78
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -11.2%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 2; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 16.6%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: -1.4% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 98.3% of revenue deployed · 78.5% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $411K in reported program spending
- Leadership: top reported pay $87K · 9 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.