Tucson Quilters Guild in Tucson, Arizona (AZ)

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Tucson Quilters Guild
Employer Identification Number (EIN)860470424
Name of OrganizationTucson Quilters Guild
AddressPO BOX 14454, Tucson, AZ 85732-4454
ActivitiesOther cultural or historical activities, Hobby club
SubsectionPleasure, Recreational, or Social Club
Ruling Date08/1984
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period02/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$209,555
Amount of Income$133,902
Form 990 Revenue Amount$75,883

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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$83,421$75,376$75,883
Contributions, gifts, grants, and similar amounts received$438$0$153
Program service revenue including government fees and contracts$14,562$13,845$11,431
Membership dues and assessments$19,826$17,063$17,258
Investment income$137$1,709$2,391
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$46,840$40,926$42,909
Gross income from gaming$0$0$0
Gross income from fundraising events$119,644$110,580$100,928
Less: direct expenses from gaming and fundraising events$72,804$69,654$58,019
Gross profit/loss from sales of inventory$0$0$0
Other revenue$1,618$1,833$1,741
Total expenses$48,194$61,042$53,736
Total net assets$171,177$190,748$203,053
Excess/Deficit for the year$35,227$14,334$22,147
Net assets or fund balances at beginning of year$132,903$171,177$190,748
Other changes in net assets or fund balances$3,047$5,237$-9,842
Net assets or fund balances at end of year$190,748$203,053
Balance Sheets
Total assets$185,807$196,811$209,555
Total liabilities$14,630$6,063$6,502
Net assets or fund balances$171,177$190,748$203,053
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoYes
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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