NEW ENGLAND QUILT MUSEUM

LOWELL, MA, 01852-1820 (978) 452-4207 Est. 1987 EIN 04-2971424
A500— Arts, Culture & Humanities Form 990 501(c)(3)
www.nequiltmuseum.org

Mission

THE N.E. QUILT MUSEUM USES QUILTS AND THE STORIES OF QUILTMAKING TO INSPIRE AND EDUCATE QUILTERS AND THE GENERAL PUBLIC. THE MUSEUM PRESENTS, PRESERVES, AND STUDIES AMERICAN QUILTMAKING, BOTH PAST AND PRESENT.

Financials

Total Revenue
$387,838
Total Expenses
$408,353
Net Assets
$1,548,474
10 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
3.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 2.1%
Expenses ↓ 2.8%
Revenue Sources
Contributions 73.2% Earned revenue 8.4% Investment 10.1% Other 8.0%
Expense Breakdown
Program 60.9% Management 39.1%

Officers & Key Employees (13)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$387,838 ↓$408,353$1,548,474
2023 Form 990$396,315 ↑$420,327$1,476,575
2022 Form 990$373,619 ↓$367,549$1,407,804
2021 Form 990$460,713 ↑$313,060$1,571,135
2020 Form 990$413,052 ↓$319,398$1,346,432
2018 Form 990$600,792 $338,682$1,107,880

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EIN: 04-2971424 · Source: IRS Form 990 e-file data