Civic Intelligence

Visions Museum of Textile Art

990 • Fiscal year 2021 • EIN 33-0122009

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 30, 2022

2825 Dewey Road STE 100San Diego, CA 92106

(619) 546-4872

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

15th percentile

-10%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

73rd percentile

$107,152

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 34.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

34th percentile

2.8%

Faster asset growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

49%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,930,231

Up $51,784 (+2.8%) from 2020

Net Assets

Up

$1,928,663

Up $75,690 (+4.1%) from 2020

Liabilities

Down

$1,568

Down $23,906 (-94%) from 2020

Revenue

Up

$312,146

Up $103,346 (+49%) from 2020

Expenses

Up

$344,181

Up $32,593 (+10%) from 2020

Net Income

Up

-$32,035

Up $70,753 (+69%) from 2020

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

2021

Assets$1,930,231
Liabilities$1,568
Net Assets$1,928,663

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

2021

Revenue$312,146
Expenses$344,181
Net Income-$32,035
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 30, 2022
Return Version
2021v4.2
Gross Receipts
$355,732
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$1,365,601$1,394,243▲ $28,642
Cash and Non-Interest-Bearing Accounts$110,652$133,911▲ $23,259
Savings and Temporary Cash Investments$88,481$88,490▲ $9
Land, Buildings, and Equipment, Net$78,753$75,803▼ $2,950
Inventories for Sale or Use$62,365$59,694▼ $2,671
Total Assets$1,878,447$1,930,231▲ $51,784
Other Assets Total$172,595$178,090▲ $5,495
Liabilities
Unsecured Notes Loans Payable$21,375--
Accounts Payable and Accrued Expenses$4,099$1,568▼ $2,531
Total Liabilities$25,474$1,568▼ $23,906
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,852,973$1,928,663▲ $75,690
Total Net Assets Fund Balance$1,852,973$1,928,663▲ $75,690
Total Liabilities and Net Assets / Fund Balance$1,878,447$1,930,231▲ $51,784

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$74,217$30,987$105,204
Equipment$1,586$24,636$26,222
Other Assets Org$178,090--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura MitchellExecutive DirectorFT$107,152$107,152

Board Members and Trustees

NameTitle
Linda ChasePast President
Sue RobertsonPresident
Karen MalinVice President
Barbara DodsonDirector
Christine SharpDirector
Lee Fowler SchwimmerDirector
Marty OrnishDirector
Susan LazearDirector
Tara RitaccoSecretary
Carrie FrederickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$197,544
Program Service Revenue
$69,097
Investment Income
$48,217
Other Revenue
$-2,712
All Other Contributions
$103,449
Change in Net Assets
$-32,035

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art3$5,495Fair Market Value (FMV)
Total Noncash Contributions3$5,495-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$208,165
Other Expenses$136,016
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$107,152--$107,152
Other Salaries and Wages$93,807--$93,807
Office Expenses$53,021--$53,021
Occupancy$49,774--$49,774
Payroll Taxes$7,206--$7,206
Fees for Service Investment Mgmnt Fees-$6,285-$6,285
Other Expenses$5,869--$5,869
Depreciation Depletion$3,944--$3,944
Fees for Services Accounting-$1,718-$1,718
Total Functional Expenses$336,178$8,003$0$344,181
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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

Organizational document changes Part VI line 4

Quilt San Diego changed its name to Visions Museum of Textile Art. the new name is better indication of the full range of the museums sprcialty areas.

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
Visions Museum of Textile Art
EIN
33-0122009
Address
2825 Dewey Road STE 100, San Diego, CA 92106

Signing Officer

Name
Laura Mitchell
Title
Executive Direc
Phone
6195464872
Signed
2022-04-30
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
6

Preparer

Firm
Eric J Blackhall CPA
Address
1229 Scott Street, San Diego, CA 92106-2724
Preparer
Eric J Blackhall
Phone
6192241711
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Permanent collection of Quilts and Textiles value changed to reflect appraisals

Raw XML AppendixShowing 400 of 455 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYOtherExpensesAmt0138022
IRS990/PYOtherRevenueAmt0-425
IRS990/PYProgramServiceRevenueAmt036764
IRS990/PYRevenuesLessExpensesAmt0-102788
IRS990/PYSalariesCompEmpBnftPaidAmt0173566
IRS990/PYTotalExpensesAmt0311588
IRS990/PYTotalRevenueAmt0208800
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-32035
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt088481
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088490
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0197544
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0136895
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt080471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0110928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0141710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0667548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt035566
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037961
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt036685
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0137441
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0295870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt066385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036339
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt086028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt078602
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt071984
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0339338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt035566
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037961
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036685
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0137441
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0295870
IRS990ScheduleA/InvestmentIncomeCYPct00.23000
IRS990ScheduleA/InvestmentIncomePYPct00.20000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.77290
IRS990ScheduleA/PublicSupportPY509Pct00.79890
IRS990ScheduleA/PublicSupportTotal509Amt01006886
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0263929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0173234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0166499
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0189530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0213694
IRS990ScheduleA/Total509Grp/TotalAmt01006886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0312146
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0208800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0204460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0226215
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0351135
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01302756
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/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0178090
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt05495
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt01586
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024636
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026222
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt0178090
IRS990ScheduleD/HeldWorksArtGrp/RevenuesIncludedAmt05495
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt074217
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt030987
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0105204
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0178090
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Permanent Quilt Collection
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075803
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0178090
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt03
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt05495
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Quilt San Diego changed its name to Visions Museum of Textile Art. the new name is better indication of the full range of the museums sprcialty areas.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by meeting of Governing Body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed annually by the Governing Body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Reviewed Annually by Governing Body and compared to similar organizations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available to the public on request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Permanent collection of Quilts and Textiles value changed to reflect appraisals
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Organizational document changes Part VI line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01878447
IRS990/TotalAssetsEOYAmt01930231
IRS990/TotalAssetsGrp/BOYAmt01878447
IRS990/TotalAssetsGrp/EOYAmt01930231
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0197544
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08003
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0336178
IRS990/TotalFunctionalExpensesGrp/TotalAmt0344181
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025474
IRS990/TotalLiabilitiesEOYAmt01568
IRS990/TotalLiabilitiesGrp/BOYAmt025474
IRS990/TotalLiabilitiesGrp/EOYAmt01568
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01852973
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01928663
IRS990/TotalOtherCompensationAmt00

Document Assets

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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
2021Detailed filing. Detailed filing data is available for this year.$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
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$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