Civic Intelligence

Visions Museum of Textile Art

990 • Fiscal year 2016 • EIN 33-0122009

Jan 01, 2016 to Dec 31, 2016 • Filed on May 31, 2017

2825 Dewey RoadSan Diego, CA 92106

(619) 546-4872

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

22nd percentile

-10%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

55th percentile

$73,267

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 28.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

69th percentile

7.9%

Faster asset growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-84%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,628,908

Up $119,101 (+7.9%) from 2015

Net Assets

Up

$1,628,062

Up $119,261 (+7.9%) from 2015

Liabilities

Down

$846

Down $160 (-16%) from 2015

Revenue

Down

$256,142

Down $1,325,423 (-84%) from 2015

Expenses

Up

$282,087

Up $66,859 (+31%) from 2015

Net Income

Down

-$25,945

Down $1,392,282 (-102%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $127,140Liabilities 2011: $5,096Net Assets 2011: $122,0442011Assets 2013: $156,599Liabilities 2013: $121Net Assets 2013: $156,4782013Assets 2014: $138,541Liabilities 2014: $743Net Assets 2014: $137,7982014Assets 2015: $1,509,807Liabilities 2015: $1,006Net Assets 2015: $1,508,8012015Assets 2016: $1,628,908Liabilities 2016: $846Net Assets 2016: $1,628,0622016Assets 2017: $1,725,337Liabilities 2017: $1,978Net Assets 2017: $1,723,3592017Assets 2018: $1,764,038Liabilities 2018: $656Net Assets 2018: $1,763,3822018Assets 2019: $1,846,269Liabilities 2019: $622Net Assets 2019: $1,845,6472019Assets 2020: $1,878,447Liabilities 2020: $25,474Net Assets 2020: $1,852,9732020Assets 2021: $1,930,231Liabilities 2021: $1,568Net Assets 2021: $1,928,6632021Assets 2022: $1,525,473Liabilities 2022: $459Net Assets 2022: $1,525,0142022Assets 2024: $1,098,887Liabilities 2024: $0Net Assets 2024: $1,098,8872024

Highlighted filing

2016

Assets$1,628,908
Liabilities$846
Net Assets$1,628,062

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $214,5542011Revenue 2013: $197,980Expenses 2013: $189,841Net Income 2013: $8,1392013Revenue 2014: $210,540Expenses 2014: $229,220Net Income 2014: -$18,6802014Revenue 2015: $1,581,565Expenses 2015: $215,228Net Income 2015: $1,366,3372015Revenue 2016: $256,142Expenses 2016: $282,087Net Income 2016: -$25,9452016Revenue 2017: $390,715Expenses 2017: $295,418Net Income 2017: $95,2972017Revenue 2018: $226,215Expenses 2018: $248,066Net Income 2018: -$21,8512018Revenue 2019: $204,460Expenses 2019: $300,716Net Income 2019: -$96,2562019Revenue 2020: $208,800Expenses 2020: $311,588Net Income 2020: -$102,7882020Revenue 2021: $312,146Expenses 2021: $344,181Net Income 2021: -$32,0352021Revenue 2022: $230,540Expenses 2022: $422,230Net Income 2022: -$191,6902022Revenue 2024: $328,531Expenses 2024: $477,848Net Income 2024: -$149,3172024

Highlighted filing

2016

Revenue$256,142
Expenses$282,087
Net Income-$25,945
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 31, 2017
Return Version
2016v3.0
Gross Receipts
$1,379,902
Mission and Program Overview

Mission

Dedicated to the promotion and appreciation of the quilt as art. Encourage and promote quilting of the highest aesthetic and artistic quality

Dedicated to the promotion and appreciation of the quilt as art. Encourage and promote quilting of the highest aesthetic and artistic quality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,070,172$1,297,216▲ $227,044
Savings and Temporary Cash Investments$297,634$128,383▼ $169,251
Land, Buildings, and Equipment, Net$48,464$103,539▲ $55,075
Inventories for Sale or Use$57,343$54,585▼ $2,758
Cash and Non-Interest-Bearing Accounts$36,194$45,185▲ $8,991
Total Assets$1,509,807$1,628,908▲ $119,101
Liabilities
Accounts Payable and Accrued Expenses$1,006$846▼ $160
Total Liabilities$1,006$846▼ $160
Net Assets / Fund Balance
Unrestricted Net Assets$1,508,801$1,628,062▲ $119,261
Total Net Assets Fund Balance$1,508,801$1,628,062▲ $119,261
Total Liabilities and Net Assets / Fund Balance$1,509,807$1,628,908▲ $119,101

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$90,109$15,312$105,421
Equipment$13,430$11,581$25,011
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth SmithExecutive DirectorFT$73,267$73,267

Board Members and Trustees

NameTitle
Carol Sebastian-NeelyPresident
Cristie McGuireDirector
Hilda RansomDirector
Kay LabodaDirector
Linda ChaseDirector
Pam Palmer-LoweDirector
Kim EgelandSecretary
Phyllis NewtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$241,582
Program Service Revenue
$37,231
Investment Income
$-62,202
Other Revenue
$39,531
All Other Contributions
$197,248
Change in Net Assets
$-25,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,640
Salaries, Compensation, and Employee Benefits$123,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$73,267--$73,267
Occupancy$60,896--$60,896
Other Salaries and Wages$47,680--$47,680
All Other Expenses$18,620--$18,620
Insurance$7,553--$7,553
Fees for Service Investment Mgmnt Fees-$7,068-$7,068
Depreciation Depletion$6,461--$6,461
Other Expenses$5,738--$5,738
Fees for Services Accounting-$4,284-$4,284
Other Employee Benefits$2,500--$2,500
Office Expenses$2,200--$2,200
Total Functional Expenses$270,735$11,352$0$282,087
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,823
Fundraising Direct Expenses$3,396
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is reviewed by meeting of Governing Body.

Conflict of interest policy compliance Part VI line 12C

Reviewed annually by the Governing Body

CEO executive director top management comp Part VI line 15A

Reviewed Annually by Governing Body and compared to similar organizations

Governing documents etc available to public Part VI line 19

Available to the public on request

Filing and Contact Details

Filer

Filer Name
Quilt San Diego
EIN
33-0122009
Address
2825 Dewey Road, San Diego, CA 92106
Doing Business As
Visions Art Museum

Signing Officer

Name
Elizabeth Smith
Title
Executive Direc
Phone
6195464872
Signed
2017-05-31
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
4

Preparer

Firm
Eric J Blackhall CPA
Address
1050 Rosecrans Street Suite 8, San Diego, CA 92106-3099
Preparer
Eric J Blackhall
Phone
6192241711
Supplemental Narrative

Financial Statement Notes

Not reporting collections (Part III, line 1A)

The Organization maintains a collection of donated quilts and display materials appraised at $119,045 which it holds for public exhibition and does not report on its financial statements as permitted by SFAS 116.

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IRS990/ReconcilationRevenueExpnssAmt0-25945
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0297634
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0128383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0241582
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01496674
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0122789
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0127168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0131846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02120059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021967
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt041545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt076762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt062924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt087748
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt060186
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0363621
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021967
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt041545
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt094
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0105
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.44490
IRS990ScheduleA/PublicSupportPY509Pct00.38830
IRS990ScheduleA/PublicSupportTotal509Amt01123640
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01360040
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01360040
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt01360040
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01360040
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0318344
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01559598
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0210537
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0203169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0192032
IRS990ScheduleA/Total509Grp/TotalAmt02483680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0337922
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01581565
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0210540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0203177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0192126
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02525330
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt013430
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011581
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025011
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt090109
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015312
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0105421
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization maintains a collection of donated quilts and display materials appraised at $119,045 which it holds for public exhibition and does not report on its financial statements as permitted by SFAS 116.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Not reporting collections (Part III, line 1a)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0103539
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by meeting of Governing Body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed annually by the Governing Body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed Annually by Governing Body and compared to similar organizations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available to the public on request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01509807
IRS990/TotalAssetsEOYAmt01628908
IRS990/TotalAssetsGrp/BOYAmt01509807
IRS990/TotalAssetsGrp/EOYAmt01628908
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0241582
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0270735
IRS990/TotalFunctionalExpensesGrp/TotalAmt0282087
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01006
IRS990/TotalLiabilitiesEOYAmt0846
IRS990/TotalLiabilitiesGrp/BOYAmt01006
IRS990/TotalLiabilitiesGrp/EOYAmt0846
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01508801
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01628062
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0270735
IRS990/TotalProgramServiceRevenueAmt037231
IRS990/TotalReportableCompFromOrgAmt073267
IRS990/TotalRevenueGrp/ExclusionAmt05427
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09133
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0256142
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01509807
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01628908
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01508801
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01628062

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.33$0.48$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.00$1.53$0.23$0.42$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.00$1.93$0.31$0.34$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.03$1.85$0.21$0.31$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.00$1.85$0.20$0.30$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.00$1.76$0.23$0.25$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.72$0.39$0.30$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.26$0.28$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$1.58$0.22$1.37
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.21$0.23$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.20$0.19$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.01$0.12$0.21
Peer Organizations

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