2024-06-26T09:19:02-05:00 2023-12-31 611064249 DEMING MALONE LIVESAY & OSTROFF PSC 9300 SHELBYVILLE RD STE 1100 LOUISVILLE KY 402225187 990 2023-01-01 131914577 THE EMBROIDERERS' GUILD OF AMERICA INC EMBR 5025896956 1205 E WASHINGTON ST STE 104 LOUISVILLE KY 40206 KAREN HAMILTON PRESIDENT 5025896956 2024-06-25 1 KAREN HAMILTON 999009999 0 CHRISTINE N KOENIG P01022180 5024269660 2024-06-17 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KAREN HAMILTON 1205 E WASHINGTON ST STE 104 LOUISVILLE KY 40206 866678 0 X EGAUSA.ORG X 1958 KY TO STIMULATE APPRECIATION FOR AND CELEBRATE THE HERITAGE OF EMBROIDERY. 19 19 4 1920 11932 0 369201 455693 230274 297772 76668 94352 8298 2901 684441 850718 0 0 0 0 177247 192970 0 0 0 671917 718401 849164 911371 -164723 -60653 3152012 3225761 340958 283296 2811054 2942465 TO STIMULATE APPRECIATION FOR AND CELEBRATE THE HERITAGE OF EMBROIDERY BY ADVANCING THE HIGHEST STANDARDS OF EXCELLENCE IN ITS PRACTICE THROUGH EDUCATION, EXHIBITION, PRESERVATION, COLLECTION AND RESEARCH. 0 0 728499 288741 CULTIVATION, PROMOTION AND DISSEMINATION OF KNOWLEDGE AND INFORMATION CONCERNING THE ART OF EMBROIDERY AND ASSOCIATED ARTS THROUGH SEMINARS, EXHIBITS, PUBLICATIONS AND OTHER EDUCATIONAL AND PROMOTIONAL ACTIVITIES. 728499 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 4 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 KY X ORGANIZATION 5025896956 1205 E WASHINGTON ST STE 104 LOUISVILLE KY 40206 MARIA HALL DIRECTOR, METROPOLITAN 6.00 X 0 0 0 GAIL SMITH DIRECTOR, CAROLINAS 6.00 X 0 0 0 WENDY LYNN DIRECTOR MEMBERSHIP/MKT 25.00 X 0 0 0 DONNA PENCE DIRECTOR, MID-ATLANTIC 6.00 X 0 0 0 ROBIN BERRY DIRECTOR, GREATER PACIFIC 6.00 X 0 0 0 DEBORAH POWELL DIRECTOR, HEARTLAND 6.00 X 0 0 0 MARJORIE SINK DIRECTOR, TENNESSEE VALLEY 6.00 X 0 0 0 TRICIA BARRY DIRECTOR, NEW ENGLAND 6.00 X 0 0 0 MARI BANGS DIRECTOR, PACIFIC STHWST 6.00 X 0 0 0 TERESA BREWER DIRECTOR, SUN 6.00 X 0 0 0 VICKI SWERDLOW DIRECTOR OF BYLAWS 21.00 X 0 0 0 TRUDY POHAWPATCHOKO VICE PRESIDENT 30.00 X X 0 0 0 CHRISTENE THURSTON SECRETARY 10.00 X X 0 0 0 KAREN HAMILTON PRESIDENT 30.00 X X 0 0 0 PAM COLLER TREASURER 20.00 X X 0 0 0 VAL REECE DIRECTOR OF EDUCATION 28.00 X 0 0 0 SUSAN KOEHLER DIRECTOR, GREAT LAKES 6.00 X 0 0 0 JOANNA LORD DIRECTOR, ROCKY MOUNTAIN 6.00 X 0 0 0 JUDITH MCGRAW DIRECTOR, SOUTH CENTRAL 6.00 X 0 0 0 CYNTHIA WELCH ADMINISTRATOR 40.00 X 63359 0 0 63359 0 0 0 0 0 0 0 330194 125499 455693 EDUCATIONAL ACTIVITIES 900099 242054 242054 ANNUAL SEMINAR 900099 36581 36581 MAGAZINE INCOME 513190 19137 7205 11932 297772 94352 94352 18545 15960 2585 2585 MISCELLANEOUS 900099 316 316 316 850718 288741 11932 94352 63359 47399 15960 108815 81404 27411 4855 3632 1223 2490 1863 627 13451 10063 3388 1633 1633 31425 31425 6513 6513 7290 5015 2275 60754 60754 29730 22241 7489 15082 11283 3799 69479 51977 17502 45371 33942 11429 5570 4167 1403 34523 25827 8696 EDUCATIONAL EXPENSES 171454 171454 NEEDLE ARTS MAGAZINE 91761 91761 FIBER FORUM EXPENSE 38225 38225 BANK CHARGES 27099 27099 82492 67492 15000 911371 728499 182872 0 90336 129244 2500 24500 51371 102938 19845 7178 36110 23332 145584 141827 9327 3757 2314761 2365999 36812 36812 590950 532001 3152012 3225761 19570 4657 231575 248296 89813 30343 340958 283296 X 2738502 2866982 72552 75483 2811054 2942465 3152012 3225761 -60653 192064 0 X X 1 X 0 1 0 X 384369 361392 380584 369201 455693 1951239 211218 196584 225915 234893 288425 1157035 595587 557976 606499 604094 744118 3108274 824 5952 1263 706 14784 23529 0 824 5952 1263 706 14784 23529 3084745 62580 50604 41922 76668 94352 326126 10044 5667 7952 3360 11932 38955 72624 56271 49874 80028 106284 365081 668211 614247 656373 684122 850402 3473355 0.88810 0.90180 0.10510 0.09420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 502361 X X 0 56600 1350 57950 55500 1100 56600 53925 1575 55500 51925 2000 53925 50700 1225 51925 0.00000 1.00000 0.00000 0 0 86594 84236 2358 58990 57591 1399 3757 COLLECTION 502361 OPERATING LEASE RIGHT-OF-USE ASSET 29640 532001 OPERATING LEASE LIABILITY 30343 30343 X 1052229 192064 -6513 185551 866678 -15960 -15960 850718 920818 15960 15960 904858 6513 6513 911371 PART III, LINE 4: THE ORGANIZATION MAINTAINS A COLLECTION OF TEXTILES AND RELATED ARTICLES, LOCATED IN THE EGA OFFICE, TO INSPIRE PASSION FOR THE NEEDLE ARTS. THE COLLECTION REPRESENTS AS MANY TECHNIQUES, CULTURES, AND HISTORICAL ERAS AS POSSIBLE. PIECES ARE USED FOR EXHIBITION, REPRODUCTION, AND STUDY. PART V, LINE 4: THE ENDOWMENT FUND IS TO ENSURE THE FUTURE OF THE ORGANIZATION; SUPPORT EDUCATION PROGRAMS AND SPECIAL PROJECTS; AND PRESERVE THE COLLECTION AND LIBRARY. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION FILES AN INFORMATIONAL RETURN AS REQUIRED BY FEDERAL REGULATIONS AND A COPY IS FILED WITH THE KENTUCKY ATTORNEY GENERAL. INCOME FROM CERTAIN ADVERTISING ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEARS THEN ENDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES REPORTED IN NET INVESTMENT RETURN ON FS -6,513. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -15,960. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 15,960. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES REPORTED IN NET INVESTMENT RETURN ON FS 6,513. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A NON-STOCK, NON-PROFIT CORPORATION WITH MEMBERS AS DESIGNATED IN THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP CONSISTS OF CHAPTER MEMBERS AND MEMBERS-AT-LARGE. CHAPTER MEMBERS ARE VOTING MEMBERS, WHILE MEMBERS-AT-LARGE ARE NOT ENTITLED TO VOTE. ALL MEMBERS ARE ENTITLED TO SERVICES OF THE ORGANIZATION. THE AFFAIRS OF THE ORGANIZATION ARE MANAGED AND CONDUCTED BY THE ELECTED OFFICERS AND DIRECTORS AS STATED IN THE BYLAWS VIA THE NOMINATIONS AND ELECTIONS PROCESS. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING FIRM PREPARES THE FORM 990 WITH THE GUIDANCE AND ASSISTANCE OF MANAGEMENT AND THE BOARD OFFICERS. MANAGEMENT AND THE OFFICERS PROVIDE THE SIGNIFICANT NARRATIVE EXPLANATIONS AND DISCLOSURES AND CAREFULLY REVIEW ALL OTHER REPORTED ITEMS OF FINANCIAL OPERATIONS AND DISCLOSURES INCLUDED IN THE FORM 990. THE FORM 990 IS DISCUSSED WITH THE FULL BOARD AND COPIES ARE AVAILABLE TO THE FULL BOARD FOR THEIR REVIEW IF REQUESTED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED BY THE BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED ANNUALLY BY THE PERSONNEL COMMITTEE, WHICH INCLUDES THE ELECTED OFFICERS AND ONE OTHER MEMBER OF THE BOARD, AS DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CERTAIN FINANCIAL INFORMATION IS ALSO AVAILABLE IN THE ANNUAL REPORT LOCATED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 2C: PURSUANT TO EGA'S BYLAWS, THE EXECUTIVE COMMITTEE APPROVES THE INDEPENDENT ACCOUNTANT, AND THE AUDIT OR REVIEW IS SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL.