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Arkansas · Nonprofit

MODERN QUILT GUILD INC

MODERN QUILT GUILD INC (Arkansas) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being BARNES FAMILY FOUNDATION ($10,000). 0 of them have funded it in more than one year.

Revenue FY2025
$1.9M
Funders on record
1
Grants received
$10k
Net assets
$91k
0/1 repeat funderspeak grant-dependency 1%
01What it does

What Modern Quilt Guild Inc does

Mission

The modern quilt guild's mission is to support and encourage the growth and development of modern quilting through art, education and community.

As stated on its FY2025 Form 990.

Programs

  1. Quiltcon, our annual convention, which connects quilting enthusiasts of all ages, was held in phoenix and had more than 180 lectures, workshops, and social events and attracted approximately 23,000 attendees from all 50 us states and several countries. The event featured more than 600 displayed quilts, including a special exhibit of quilts by indigenous makers, curated by the great lakes quilt center at michigan state university.

    $1,457,276 spentof which $18,640 as grants$1,445,167 earned by the program
    88% of program spending
  2. The modern quilt guild is an arts-based membership organization with over 18,000 members worldwide. The modern quilt guild provides online community resources, patterns, education, and other benefits to all members.

    $196,351 spent$470,119 earned by the program
    12% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,653,627.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($940k) Expenses 100 ($1.0M) Net assets 100 ($258k)2018 Revenue 123 ($1.2M) Expenses 104 ($1.1M) Net assets 140 ($363k)2019 Revenue 132 ($1.2M) Expenses 122 ($1.2M) Net assets 144 ($372k)2020 Revenue 133 ($1.3M) Expenses 122 ($1.2M) Net assets -17 ($-44086)2021 Revenue 113 ($1.1M) Expenses 62 ($629k) Net assets 152 ($393k)2022 Revenue 128 ($1.2M) Expenses 151 ($1.5M) Net assets 26 ($68k)2023 Revenue 172 ($1.6M) Expenses 160 ($1.6M) Net assets 25 ($64k)2024 Revenue 195 ($1.8M) Expenses 173 ($1.8M) Net assets 57 ($147k)2025 Revenue 206 ($1.9M) Expenses 197 ($2.0M) Net assets 35 ($91k)
'17'18'19'20'21'22'23'24'25
Revenue (206)Expenses (197)Net assets (35)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $372k to $866k (+132%).

$284k
$386k
$372k
$866k
$757k
$471k
$492k
$580k
$645k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 5%. Grants only. Government contracts and fees sit inside program revenue.

2% of MODERN QUILT GUILD INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$73k
’17
$104k
’18
$10k
’19
$14k
’20
$437k
’21
−$326k
’22
−$4k
’23
$83k
’24
−$56k
’25
2.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Karen Cooper

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed51111111012111210
Joined·+8+2+3+1+2+1+2+0
No longer listed·22320212
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of MODERN QUILT GUILD INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MODERN QUILT GUILD INC draws 100% of its grant income from funders outside Arkansas, across 1 state in all.

AZ

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MODERN QUILT GUILD INC has grown faster than half of the 3,230 arts & culture nonprofits its size.

Operating margin−3% · below the median
Months of reserve2.3mo · below the median
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like MODERN QUILT GUILD INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arkansas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

CA
DE

Screen this organization

A dated, signed PDF of the compliance screen for MODERN QUILT GUILD INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MODERN QUILT GUILD INC?
MODERN QUILT GUILD INC (Arkansas) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being BARNES FAMILY FOUNDATION ($10,000). 0 of them have funded it in more than one year.
How many funders does MODERN QUILT GUILD INC have?
IRS filings report 1 organization giving $10,000 in grants to MODERN QUILT GUILD INC.
Who is the largest funder of MODERN QUILT GUILD INC?
BARNES FAMILY FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like MODERN QUILT GUILD INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arkansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing