Pacific Northwest Quilt And Fiber Arts Museum
EIN: 911831289 · La Conner, WA · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $349K |
| Net Assets | $937K |
Is Pacific Northwest Quilt And Fiber Arts Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pacific Northwest Quilt And Fiber Arts Museum
Pacific Northwest Quilt And Fiber Arts Museum (EIN: 911831289) is a nonprofit organization based in La Conner, WA, classified under NTEE code A50. The organization reported total revenue of $404K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pacific Northwest Quilt And Fiber Arts Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pacific Northwest Quilt And Fiber Arts Museum is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $367K |
| Total Expenses | $349K |
| Surplus / Deficit | +$19K |
| Total Assets | $981K |
| Total Liabilities | $44K |
| Net Assets | $937K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 33.8 months |
Financial Health Grade: A
In 2022, Pacific Northwest Quilt And Fiber Arts Museum reported a surplus of $19K with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Pacific Northwest Quilt And Fiber Arts Museum's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -31.1% | +28.8% | -8.0% |
| 2021 | +263.8% | -0.9% | +22.6% |
| 2020 | -82.4% | -17.6% | -3.6% |
| 2019 | +281.7% | +16.0% | +110.9% |
| 2018 | +0.6% | +6.4% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pacific Northwest Quilt And Fiber Arts Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pacific Northwest Quilt And Fiber Arts Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Pacific Northwest Quilt And Fiber Arts Museum
Is Pacific Northwest Quilt And Fiber Arts Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Pacific Northwest Quilt And Fiber Arts Museum (EIN: 911831289) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pacific Northwest Quilt And Fiber Arts Museum spend its money?
Detailed spending breakdown data is not yet available for Pacific Northwest Quilt And Fiber Arts Museum. Check back for updated IRS 990 analysis.
Are donations to Pacific Northwest Quilt And Fiber Arts Museum tax-deductible?
Pacific Northwest Quilt And Fiber Arts Museum is registered as a tax-exempt nonprofit (EIN: 911831289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pacific Northwest Quilt And Fiber Arts Museum located?
Pacific Northwest Quilt And Fiber Arts Museum is headquartered in La Conner, Washington and files with the IRS under EIN 911831289. It is classified under NTEE code A50.
How many years of IRS 990 filings does Pacific Northwest Quilt And Fiber Arts Museum have?
Pacific Northwest Quilt And Fiber Arts Museum has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $404K in total revenue.
Filing History
IRS 990 filing history for Pacific Northwest Quilt And Fiber Arts Museum showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Pacific Northwest Quilt And Fiber Arts Museum's revenue has grown by 82.4%, moving from $201K to $367K. Total assets increased by 145% over the same period, from $401K to $981K. Total functional expenses rose by 163.1%, from $133K to $349K. In its most recent filing year (2022), Pacific Northwest Quilt And Fiber Arts Museum reported a surplus of $19K, with revenue exceeding expenses. The organization holds $44K in liabilities against $981K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $937K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $367K | $349K | $981K | $44K | — | View 990 |
| 2021 | $533K | $271K | $1.1M | $37K | — | View 990 |
| 2020 | $147K | $273K | $870K | $75K | — | — |
| 2019 | $834K | $331K | $902K | $8K | — | View 990 |
| 2018 | $218K | $286K | $428K | $54K | — | View 990 |
| 2017 | $217K | $268K | $445K | $4K | — | View 990 |
| 2016 | $231K | $233K | $516K | $23K | — | View 990 |
| 2015 | $216K | $241K | $501K | $6K | — | View 990 |
| 2014 | $246K | $236K | $557K | $44K | — | View 990 |
| 2013 | $248K | $214K | $547K | $44K | — | View 990 |
| 2012 | $285K | $171K | $510K | $40K | — | View 990 |
| 2011 | $201K | $133K | $401K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $367K, expenses of $349K, and assets of $981K (revenue -31.1% year-over-year).
- 2021: Revenue of $533K, expenses of $271K, and assets of $1.1M (revenue +263.8% year-over-year).
- 2020: Revenue of $147K, expenses of $273K, and assets of $870K (revenue -82.4% year-over-year).
- 2019: Revenue of $834K, expenses of $331K, and assets of $902K (revenue +281.7% year-over-year).
- 2018: Revenue of $218K, expenses of $286K, and assets of $428K (revenue +0.6% year-over-year).
- 2017: Revenue of $217K, expenses of $268K, and assets of $445K (revenue -6.0% year-over-year).
- 2016: Revenue of $231K, expenses of $233K, and assets of $516K (revenue +6.7% year-over-year).
- 2015: Revenue of $216K, expenses of $241K, and assets of $501K (revenue -12.0% year-over-year).
- 2014: Revenue of $246K, expenses of $236K, and assets of $557K (revenue -0.9% year-over-year).
- 2013: Revenue of $248K, expenses of $214K, and assets of $547K (revenue -13.1% year-over-year).
- 2012: Revenue of $285K, expenses of $171K, and assets of $510K (revenue +41.6% year-over-year).
- 2011: Revenue of $201K, expenses of $133K, and assets of $401K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pacific Northwest Quilt And Fiber Arts Museum:
Data Sources and Methodology
This transparency report for Pacific Northwest Quilt And Fiber Arts Museum is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.