2024-09-17T15:00:03-05:00 2024-03-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ROSEVILLE MN 551131117 990 2023-04-01 411790700 TEXTILE CENTER OF MINNESOTA TEXT 6124360464 3000 UNIVERSITY AVENUE SE MINNEAPOLIS MN 55414 KARL REICHERT EXECUTIVE DIRECTOR 6124360464 2024-08-28 1 1 RYAN VETTRUS CPA P01243596 6514834521 2023 2024-08-08 14:25:15Z KARL REICHERT 3000 UNIVERSITY AVENUE SE MINNEAPOLIS MN 55414 1394575 0 X TEXTILECENTERMN.ORG X 1994 MN TEXTILE CENTER'S MISSION IS TO HONOR TEXTILE TRADITIONS, PROMOTE EXCELLENCE AND INNOVATION, NUTURE APPRECIATION, AND INSPIRE WIDESPREAD PARTICIPATION IN FIBER ART. 15 15 19 180 0 0 879273 832545 165622 270643 9044 39390 112747 144812 1166686 1287390 53000 51500 0 0 624485 777214 0 0 87381 372735 435625 1050220 1264339 116466 23051 2444518 2507037 402455 395285 2042063 2111752 X TEXTILE CENTER'S MISSION IS TO HONOR TEXTILE TRADITIONS, PROMOTE EXCELLENCE AND INNOVATION, NUTURE APPRECIATION, AND INSPIRE WIDESPREAD PARTICIPATION IN FIBER ART. 0 0 971456 51500 415433 TEXTILE CENTER WAS FOUNDED IN 1994 AND IS A NATIONAL CENTER FOR FIBER ART BASED IN MINNEAPOLIS. OUR PROGRAMMING INCLUDES YEAR-ROUND EXHIBITIONS, FIBER ART EDUCATION PROGRAMS FOR ADULTS AND YOUTH, A LIBRARY THAT IS HOME TO MORE THAN 35,000 BOOKS AND PERIODICALS DEDICATED TO TEXTILES AND FIBER ART, A RETAIL ARTISAN SHOP THAT PROVIDES INCOME TO FIBER ARTISTS FROM AROUND THE REGION, COMMUNITY OUTREACH PROGRAMS, OUR DYE LAB AND DYE GARDEN, AND THE MCKNIGHT FELLOWSHIPS FOR FIBER ARTISTS. FIBER ART IS THE #1 ART FORM PRACTICED BY MINNESOTANS ("MINNESOTANS AND THE ARTS" MINNESOTA COMPASS), AND TEXTILE CENTER HAS BEEN THE ITS CHAMPION. OUR HOME IS LOCATED AT 3000 UNIVERSITY AVE. SE IN MINNEAPOLIS, MINNESOTA, NEXT TO THE METRO GREEN LINE PROSPECT PARK STATION. TEXTILE CENTER IS COMMITTED TO INCREASING FIBER ARTS KNOWLEDGE AND SKILLS, WHICH CONCRETELY SUPPORTS OUR STRATEGIC GOALS TO:1. LEAD WITH INCLUSIVE PRINCIPLES TO ENSURE ALL CONSTITUENTS, REGARDLESS OF RACE, GENDER, SEXUAL ORIENTATION, AGE, INCOME, AND DISABILITIES, HAVE OPPORTUNITIES TO THRIVE.2. PRIORITIZE AFFORDABILITY AND ACCESSIBILITY OF OUR PROGRAM OFFERINGS.3. SUPPORT AND INSPIRE FIBER ARTISTS, MAKERS, AND APPRECIATORS AT ALL LEVELS THROUGH CLASSES, EXHIBITIONS, FELLOWSHIPS, SALES, AND COLLABORATION.TEXTILE CENTER PRESENTS MORE THAN 20 EXHIBITIONS PER YEAR IN ITS FOUR GALLERIES THE JOAN MONDALE GALLERY, MARY GILES GALLERY, COMMUNITY GALLERY, AND LIBRARY GALLERY. ALL EXHIBITIONS ARE FREE AND OPEN TO THE PUBLIC FIVE DAYS A WEEK, AND THEY ARE ALSO PRESENTED VIRTUALLY ON OUR WEBSITE. TO FOSTER FIBER ARTS APPRECIATION AND ENTREPRENEURISM, OUR ARTISAN RETAIL SHOP OFFERS THE PUBLIC OPPORTUNITIES TO MEET ARTISTS VIA DEMONSTRATIONS, TRUNK SHOWS, AND EXHIBITS, AND WE MENTOR CONSIGNMENT ARTISTS ON BUSINESS PRACTICES.WE EMBRACE ALL FORMS OF FIBER ART INCLUDING WEAVING, QUILTING, KNITTING, SEWING, DYEING, FELTING, NEEDLEWORK, LACE MAKING, BEADING, SCULPTURE, INSTALLATION, SOFT SCULPTURE, AND MULTI-MEDIA PIECES. ALL FIBER ARTS DISCIPLINES ARE OFFERED AND RANGE FROM INTRODUCTORY CLASSES FOR THE CURIOUS TO EXHIBITS OF WORKS BY MASTER ARTISTS. PROGRAMMING IS OFFERED THROUGHOUT THE TWIN CITIES, AND WE ARE EXPANDING OUR STATEWIDE AND NATIONAL REACH THROUGH OUR ONLINE PROGRAMMING. IN ADDITION TO FIBER ART CLASSES, OUR RESOURCES FOR INNOVATION INCLUDE ELLEN EREDE WELLS DYE LAB, A PLACE FOR LEARNING, EXPLORATION, AND EXPERIMENTATION, AND OUR PAT O'CONNOR LIBRARY, A SINGULAR RESOURCE FOR INVENTIVENESS AND INNOVATION, AND ONE OF THE LARGEST CIRCULATING COLLECTIONS ON FIBER ART IN THE NATION. 971456 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X ORGANIZATION 6124360464 3000 UNIVERSITY AVE SE MINNEAPOLIS MN 55414 JEFFREY J WHITE PRESIDENT 2.00 X X 0 0 0 LORRI TALBERG VICE PRESIDENT 2.00 X X 0 0 0 CYNDI KAYE MEIER TREASURER 2.00 X X 0 0 0 ABIGAIL KOSBERG SECRETARY 2.00 X X 0 0 0 MELAURA SCHMIDT DUNCAN BOARD MEMBER 2.00 X 0 0 0 RICHARD GILYARD BOARD MEMBER 2.00 X 0 0 0 ROBERTA JONES BOARD MEMBER 2.00 X 0 0 0 ROSANNE NATHANSON BOARD MEMBER 2.00 X 0 0 0 J LAWRENCE LARRY MCINTYRE BOARD MEMBER 2.00 X 0 0 0 LINDA MCSHANNOCK BOARD MEMBER 2.00 X 0 0 0 ARIANNE ZAGER BOARD MEMBER 2.00 X 0 0 0 CAROL GRIM BOARD MEMBER 2.00 X 0 0 0 MARY ANN SCHMIDT BOARD MEMBER 2.00 X 0 0 0 LISA STEINMANN BOARD MEMBER 2.00 X 0 0 0 MAGGIE DAYTON PAST PRESIDENT 2.00 X 0 0 0 KARL REICHERT EXECUTIVE DIRECTOR 40.00 X 107638 0 8237 107638 0 8237 1 0 0 0 0 51877 337674 442994 832545 EDUCATION/PROGRAM FEES 900099 264738 264738 WORKSHOP RENTAL 900099 5905 5905 270643 20037 20037 27688 8335 19353 19353 19353 243640 98850 144790 144790 MISCELLANEOUS 900099 22 22 22 1287390 415433 0 39412 51500 51500 116856 86481 19023 11352 569532 421230 92978 55324 39458 29346 6273 3839 51368 37915 8473 4980 16300 16300 26930 20445 2984 3501 2699 1782 917 41767 30182 11199 386 31983 9647 21977 359 73347 62180 8624 2543 23495 19511 2097 1887 9048 7083 1965 57598 53048 2822 1728 19945 17904 1294 747 PROGRAM ACTIVITIES & SU 104301 104301 CAPITAL CAMPAIGN EXPENS 9265 8533 454 278 HOSPITALITY 7054 3545 3509 MISCELLANEOUS 6768 4595 1716 457 5125 2228 2897 1264339 971456 205502 87381 394721 524085 337991 203297 14560 14025 5281 8431 2554866 1266635 1276756 1288231 381133 429215 34076 39753 2444518 2507037 72895 72596 47270 47970 282290 274719 402455 395285 X 1257370 1395924 784693 715828 2042063 2111752 2444518 2507037 23051 46638 0 X X 0 1 X 1 0 X 799673 605362 805944 879273 601308 3691560 799673 605362 805944 879273 601308 3691560 842391 2849169 9084 6951 11984 8174 20037 56230 986 22 176 26 22 1232 3749022 1966247 0.76000 0.76410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 986. 2020 AMOUNT: $ 22. 2021 AMOUNT: $ 176. 2022 AMOUNT: $ 26. 2023 AMOUNT: $ 22. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21569 X X X 0 370693 72630 25495 417828 428608 -36589 21326 370693 417965 30167 19524 428608 287131 149135 18301 417965 330547 -29696 13720 287131 0.43720 0.56280 0 0 523903 523903 1782659 1069186 713473 248304 197449 50855 1288231 X 1346850 46638 46638 1300212 -12822 -12822 1287390 1363189 98850 98850 1264339 0 1264339 PART III, LINE 4: TEXTILE CENTER'S LIBRARY COLLECTION CONTRIBUTES TO THE ORGANIZATION'S MISSION BY HONORING TEXTILE TRADITIONS AND PROVIDING FIBER ART RESOURCES FOR MEMBERS. PART V, LINE 4: THE PURPOSE OF THE JOAN MONDALE GALLERY ENDOWMENT IS TO PROVIDE A LONG-TERM, STEADY AND REASONABLY SECURE SOURCE OF FUNDS FOR THE JOAN MONDALE GALLERY TO SUSTAIN ITS EXEMPLARY LEVEL OF EXCELLENCE AND INNOVATION; TO SUPPORT, BUT NOT BE LIMITED TO, SUCH PROJECTS AS ARTISTS AWARDS, INVITATIONAL EXHIBITIONS, PUBLICATION OF EXHIBITION CATALOGS, AND TRAVELING SHOWS; AND OTHER RELATED GALLERY ACTIVITIES SUCH AS PROGRAMS RELATING TO A GALLERY EXHIBIT AND GALLERY OPERATING EXPENSES. PART X, LINE 2: THE ORGANIZATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO FEDERAL AND STATE INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS RECLASSED FROM EXPENSES TO NET WITH GROSS SALES -98,850. INVESTMENT INCOME 86,028. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS RECLASSED FROM EXPENSES TO NET WITH GROSS SALES 98,850. 1 2022 MCKNIGHT FIBER ARTIST FELLOWSHIPS FOR MID-CAREER MINNESOTANS WHO WILL RECEIVE FEEDBACK THROUGH STUDIO VISITS BY VISITING ART CRITICS/CURATORS, RAISE THEIR PROFILES THROUGH PUBLICITY AND MEDIA COVERAGE OF THE FELLOWSHIP AWARDS, PARTICIPATE IN PUBLIC DISCUSSIONS, RECEIVE FINANCIAL SUPPORT TO UNDERWRITE PROFESSIONAL DEVELOPMENT OPPORTUNITIES CULMINATING IN AN EXHIBIT AT TEXTILE CENTER. 2 50000 2021 MCKNIGHT FIBER ARTIST FELLOWS PROFESSIONAL DEVELOPMENT OPPORTUNITIES. 1 1500 PART I, LINE 2: THE SELECTION PROCEDURES FOR THE 2023-24 GRANT RECIPIENTS WERE AS FOLLOWS: A PANEL OF THREE JURORS SELECTED THE GRANT RECIPIENTS FOR THE 2023/2024 GRANT PROGRAM. THE PANEL WAS COMPRISED OF ACCOMPLISHED FIBER ARTISTS AND/OR ART EDUCATORS AND PROFESSIONALS FROM THROUGHOUT THE COUNTRY. JURORS WERE ANONYMOUS FOR THE APPLICATION PERIOD, BUT WERE ANNOUNCED AFTER THE GRANTS WERE AWARDED. JURORS REVIEWED INDIVIDUAL APPLICATIONS AND IMAGES, AND EACH SELECTED THEIR TOP TEN SEMI-FINALISTS BASED ON PROJECT MERIT AND PROPOSAL QUALITY. A LIST OF THE TOP 15 SEMIFINALISTS WAS COMPILED FROM THIS RANKING. DUE TO THE NUMBER OF APPLICATIONS RECEIVED, THE JURY PANEL ONLY DISCUSSED IN DETAIL THE PROJECT PROPOSALS OF THE 15 SEMI-FINALISTS DURING THE FINAL SELECTION MEETING. FORM 990, PART VI, SECTION A, LINE 1A TEXTILE CENTER'S EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND ONE OTHER MEMBER OF THE BOARD OF DIRECTORS WHO IS APPOINTED BY THE PRESIDENT. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS BETWEEN THE CONVENING OF REGULAR OR SPECIAL MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN TEXTILE CENTER OF MINNESOTA IS OPEN TO ANY INDIVIDUAL OR TEXTILE-RELATED ORGANIZATION UPON PAYMENT OF AN ANNUAL MEMBERSHIP FEE AS ESTABLISHED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B AGENDA'S ARE KEPT BUT NOT MINUTES FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND EXECUTIVE COMMITTEE REVIEWS AND PRESENTS THE FORM 990 TO THE BOARD OF DIRECTORS FOR APPROVAL AND ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST STATEMENT WHICH IS KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS REVIEW COMPARABLE DATA AND TAKE INTO ACCOUNT THE NEEDS AND RESTRAINTS OF THE ORGANIZATION BEFORE APPROVING THE EXECUTIVE DIRECTOR'S COMPENSATION. THIS WAS LAST COMPLETED FOR THE ED IN MARCH 2024 WITH AN INCREASE EFFECTIVE WITH THE FIRST PAY PERIOD IN FISCAL YEAR 2025 (APRIL 2024). FORM 990, PART VI, SECTION C, LINE 19 ANNUAL REPORT, ANNUAL AUDIT, POLICIES INCLUDING CONFLICT OF INTEREST, PERSONNEL, INVESTMENT, AND RETENTION OF RECORDS ARE AVAILABLE ON TEXTILE CENTER'S WEBSITE OR BY HARD COPY UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.