Nonprofit · EIN 61-1193387
THE NATIONAL QUILT MUSEUM INC
Tax-exempt · PADUCAH, KY 42001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,416,897 | $1,037,896 | $379,001 | $6,863,795 | $560,705 | $6,303,090 |
| June 30, 2024 | 990 | $997,314 | $918,283 | $79,031 | $5,979,104 | $55,015 | $5,924,089 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $721,804
- of which government grants
- $40,338
- Program service revenue
- $440,449
- Investment income
- $12,799
- Net income from fundraising events
- -$2,084
- Net income from sales of inventory
- $243,929
- Other revenue
- $241,845
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $114,386
- Other salaries and wages
- $368,361
- Salaries, compensation and benefits (total)
- $524,566
- Professional fundraising fees
- $0
- Accounting fees
- $15,722
- Occupancy
- $99,956
- Travel
- $3,792
- Depreciation
- $111,014
- Program services (functional)
- $777,529
- Management and general (functional)
- $165,431
- Fundraising (functional)
- $94,936
Balance sheet and other
- Total assets, start of year
- $5,979,104
- Total assets, end of year
- $6,863,795
- Total liabilities, end of year
- $560,705
- Net assets, end of year
- $6,303,090
- Land, buildings and equipment
- $3,225,156
- Net assets without donor restrictions
- $6,261,584
- Net assets with donor restrictions
- $41,506
- Gross receipts
- $1,653,004
- Employees
- 17
- Volunteers
- 30
- Year formed
- 1991
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bonnie Schrock | Executive Director Trustee or director, Key employee | 40 | $114,386 |
| Meredith Schroeder | Board President Trustee or director, Officer | 5 | $0 |
| Barbara Veazey | Vice President Trustee or director, Officer | 5 | $0 |
| Lynn Loyd | Secretary Trustee or director, Officer | 5 | $0 |
| John Durbin | Treasurer Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bonnie Schrock | Executive Director Trustee or director, Key employee | 40 | $8,654 |
| Meredith Schroeder | Board President Trustee or director, Officer | 5 | $0 |
| Barbara Veazey | Vice President Trustee or director, Officer | 5 | $0 |
| Lynn Loyd | Secretary Trustee or director, Officer | 5 | $0 |
| John Durbin | Treasurer Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 215 JEFFERSON ST, PADUCAH, KY 42001-0714
- Principal officer (990 for 2024)
- Bonnie Schrock, 215 Jefferson, Paducah, KY 42001
- Signed the 990
- Bonnie Schrock, Executive Director
- Phone
- (270) 442-8856
- Website
- quiltmuseum.org
- Return prepared by
- William W Cox CPA
Mission
The National Quilt Museum is a non-profit institution established to educate, promote, and honor todays quiltmakers.
Program accomplishments
- Museum provided programs and services educating the local, national, and international public about the art, history, and heritage of quiltmaking.Expenses $735,904 · revenue $656,732
- Presented exhibits on site and throughout the country to educate the public about the art, history, and heritage of quiltmaking, including the diversity of quilts and their makers.Expenses $41,625 · revenue $27,646
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1193387
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $6,863,795
- Income (IRS master file)
- $1,653,004
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,416,897 | $1,037,896 | $6,863,795 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $997,314 | $918,283 | $5,979,104 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $983,789 | $958,247 | $5,894,465 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $1,075,894 | $893,413 | $5,863,742 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1193387).
Questions about THE NATIONAL QUILT MUSEUM INC
- What is the EIN of THE NATIONAL QUILT MUSEUM INC?
- The employer identification number (EIN) of THE NATIONAL QUILT MUSEUM INC is 61-1193387.
- Is THE NATIONAL QUILT MUSEUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to THE NATIONAL QUILT MUSEUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NATIONAL QUILT MUSEUM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE NATIONAL QUILT MUSEUM INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NATIONAL QUILT MUSEUM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE NATIONAL QUILT MUSEUM INC?
- The 990 for the year ended June 30, 2025 names Bonnie Schrock.
- Who are the officers and directors of THE NATIONAL QUILT MUSEUM INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $114,386 (Bonnie Schrock, Executive Director).
- How much revenue does THE NATIONAL QUILT MUSEUM INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,416,897, expenses of $1,037,896 and total assets of $6,863,795 at year end.
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