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Minnesota · Nonprofit

TEXTILE CENTER OF MINNESOTA

TEXTILE CENTER OF MINNESOTA (Minnesota) receives grants from 22 organizations whose IRS filings report $1,847,229 to it, the largest being The McKnight Foundation ($1,055,000). 13 of them have funded it in more than one year.

Revenue FY2026
$1.9M
Funders on record
22
Grants received
$1.8M
Net assets
$2.2M
13/22 repeat funderspeak grant-dependency 39%
01What it does

What Textile Center of Minnesota does

Mission

Textile center's mission is to honor textile traditions, promote excellence and innovation, nuture appreciation, and inspire widespread participation in fiber art.

As stated on its FY2026 Form 990.

Program

  1. Textile center advances fiber art through exhibitions, education, artist support, community engagement, and the preservation of textile traditions. Based in minneapolis, minnesota, textile center is distinguished nationally for the breadth of its programming. It serves simultaneously as an art center with galleries, a specialized library, a community gathering place, a retail incubator for artists, a center for innovation and entrepreneurship, and a steward of textile traditions.textile center serves as a convening organization for the fiber art community, bringing together artists, educators, collectors, scholars, and the public through exhibitions, educational programs, retail opportunities, and collaborative initiatives.in 2025, textile center welcomed more than 23,000 visitors to its minneapolis art center. More than 2,000 adults and youth participated in fiber art classes and workshops. Textile center presented 17 exhibitions, all of which were free and open to the public.the textile center library, with more than 35,000 books and periodicals, is one of the nation's largest circulating collections devoted to fiber art and serves artists, researchers, and lifelong learners.…

    $1,216,559 spentof which $50,000 as grants$790,079 earned by the program
    100% of program spending

The program described on its FY2026 Form 990. Program spending in total: $1,216,559.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($826k) Expenses 100 ($939k) Net assets 100 ($1.7M)2019 Revenue 122 ($1.0M) Expenses 103 ($971k) Net assets 103 ($1.7M)2020 Revenue 156 ($1.3M) Expenses 119 ($1.1M) Net assets 111 ($1.8M)2021 Revenue 97 ($802k) Expenses 97 ($907k) Net assets 113 ($1.9M)2022 Revenue 129 ($1.1M) Expenses 106 ($995k) Net assets 119 ($2.0M)2023 Revenue 141 ($1.2M) Expenses 112 ($1.1M) Net assets 123 ($2.0M)2024 Revenue 156 ($1.3M) Expenses 135 ($1.3M) Net assets 127 ($2.1M)2025 Revenue 135 ($1.1M) Expenses 151 ($1.4M) Net assets 108 ($1.8M)2026 Revenue 226 ($1.9M) Expenses 163 ($1.5M) Net assets 130 ($2.2M)
'18'19'20'21'22'23'24'25'26
Revenue (226)Expenses (163)Net assets (130)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 2025 to 2026, from $2.2M to $2.6M (+16%).

$2.1M
$2.2M
$2.3M
$2.5M
$2.3M
$2.4M
$2.5M
$2.2M
$2.6M
'18'19'20'21'22'23'24'25'26
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.

2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 10% · 2019 7% · 2020 6% · 2021 13% · 2022 29% · 2023 8% · 2024 26% · 2025 9% · 2026 3%. Grants only. Government contracts and fees sit inside program revenue.

74% of TEXTILE CENTER OF MINNESOTA’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$113k
’18
$36k
’19
$178k
’20
−$104k
’21
$70k
’22
$116k
’23
$23k
’24
−$309k
’25
$334k
’26
3.2
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

Karl Reichert

Executive director

As listed on its FY2026 Form 990.

'18'19'20'21'22'23'24'25'26
Listed151720191919161515
Joined·+5+4+3+0+3+4+5+4
No longer listed·31403764
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 9 funders, grant income rose $71k → $244k.

7 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TEXTILE CENTER OF MINNESOTA’s funders (the co-funder graph). Top 21 of 22 funders by total. 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.

How concentrated its funding is

TEXTILE CENTER OF MINNESOTA leans on a few funders — its largest provides 57% of grant income and the top three 76%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57%
largest funder
76%
top three
~3
effective funders

Largest funder’s share by year: 2017 52% · 2018 48% · 2019 81% · 2020 60% · 2021 55% · 2022 58% · 2023 72% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

43% of TEXTILE CENTER OF MINNESOTA's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

82% of TEXTILE CENTER OF MINNESOTA's grant income comes from Minnesota funders.

MN
SD
CT
CA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $142k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

TEXTILE CENTER OF MINNESOTA runs a healthier operating margin than half of the 204 education nonprofits its size.

Operating margin18% · above the median
Months of reserve3.2mo · below the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 204 education nonprofits $1M–$10M, FY2026

Organizations like TEXTILE CENTER OF MINNESOTA

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 Minnesota

Nationally

05Profile & governance

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

Where the money goes

79% of spending goes to programs.

Program 79%Management 14%Fundraising 7%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

77%

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

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for TEXTILE CENTER OF MINNESOTA: 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 TEXTILE CENTER OF MINNESOTA?
TEXTILE CENTER OF MINNESOTA (Minnesota) receives grants from 22 organizations whose IRS filings report $1,847,229 to it, the largest being The McKnight Foundation ($1,055,000). 13 of them have funded it in more than one year.
How many funders does TEXTILE CENTER OF MINNESOTA have?
IRS filings report 22 organizations giving $1,847,229 in grants to TEXTILE CENTER OF MINNESOTA, 13 of which have funded it in more than one year.
Who is the largest funder of TEXTILE CENTER OF MINNESOTA?
The McKnight Foundation is the largest funder on record, with $1,055,000 in grants. The full list of funders is on this page.
How can an organization like TEXTILE CENTER OF MINNESOTA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Textile Center of Minnesota →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2018–2026), and the filings of 22 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 22, 2026. What this page cannot tell you · view filing