Nonprofit · EIN 45-5399614
LOCAL CLOTH INC
Also known as LOCAL CLOTH
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $413,052 | $266,023 | $147,029 | $241,832 | $314 | $241,518 |
| June 30, 2024 | 990 | $285,389 | $284,278 | $1,111 | $81,026 | $817 | $80,209 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $320,722
- of which government grants
- $15,000
- Membership dues
- $17,835
- Program service revenue
- $71,466
- Investment income
- $4,937
- Net income from fundraising events
- -$67
- Net income from sales of inventory
- $15,304
- Other revenue
- $15,927
Expenses
- Grants and similar amounts paid
- $114,320
- Compensation of officers, directors and key employees
- $4,063
- Salaries, compensation and benefits (total)
- $4,063
- Professional fundraising fees
- $0
- Accounting fees
- $3,741
- Occupancy
- $35,734
- Depreciation
- $356
- Program services (functional)
- $212,045
- Management and general (functional)
- $41,031
- Fundraising (functional)
- $12,947
Balance sheet and other
- Total assets, start of year
- $81,026
- Total assets, end of year
- $241,832
- Total liabilities, end of year
- $314
- Net assets, end of year
- $241,518
- Land, buildings and equipment
- $19,580
- Net assets without donor restrictions
- $169,454
- Net assets with donor restrictions
- $72,064
- Gross receipts
- $428,433
- Employees
- 0
- Volunteers
- 145
- Year formed
- 2012
- State of legal domicile
- NC
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 |
|---|---|---|---|
| Courtney LaCaria | Managing Director Officer | 25 | $15,660 |
| Judi Jetson | Chair (through 12/30/24) Trustee or director, Officer | 5 | $0 |
| Peggy Newell | Co-Chair Trustee or director, Officer | 10 | $0 |
| Mary Euler | Co-Chair Trustee or director, Officer | 5 | $0 |
| Gail Lazaras | Vice-Chair Trustee or director, Officer | 2 | $0 |
| Karen Stiwinter | Treasurer Trustee or director, Officer | 5 | $0 |
| Ann Brown | Assistance Treasurer Trustee or director, Officer | 10 | $0 |
| Danielle Blimline | Secretary Trustee or director, Officer | 2 | $0 |
| Jude Stuecker | Member Trustee or director | 1 | $0 |
| Joanne Bossert | Member Trustee or director | 1 | $0 |
| Peggy Eckel | Member Trustee or director | 2 | $0 |
| Betsy Skinner | Member Trustee or director | 5 | $0 |
| Caroline Williford | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE ARCURI | OFFICER Officer | – | $0 |
| JUDI JETSON | CHAIRMAN Officer | – | $0 |
| JOANN STANLEY | OFFICER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 408 DEPOT ST STE 100, ASHEVILLE, NC 28801-4324
- In care of
- % SHARON HORNE
- Mailing address (990-N for 2020)
- 408 Depot Street, Asheville NC 28801
- Principal officer (990 for 2024)
- Peggy Newell, 408 Depot Street Suite 100, Asheville, NC 28801
- Principal officer (990-N for 2020)
- Judi Jetson, 3 High Bluff Drive, Weaverville NC 28787
- Signed the 990
- Peggy Newell, Board Chair
- Phone
- (828) 774-5134
- Website
- https://localcloth.org/About
- Return prepared by
- CORLISS & SOLOMON PLLC
Mission
Sustained by a passion for fiber, Local Cloth is a volunteer-led non-profit network of fiber artists, farmers, small- scale fiber processors, educators, and fiber enthusiasts, dedicated to growing and supporting the fiber economy in Western North Carolina and increasing awareness of and access to regional production and artisan practices.
Program accomplishments
- Retail + Markets: Local Cloth operates a retail shop, online store, and regional market program that provides income-generating opportunities for fiber artists and farmers across the Blue Ridge Mountains Fibershed. Through a combination of brick-and-mortar retail, online sales, and participation in regional markets, Local Cloth connects local producers with customers, increasing visibility and access to locally made fiber goods. During the fiscal year, Local Cloth sold 6,239 items across 9 markets, in addition to ongoing retail shop and online sales. Following Hurricane Helene in September 2024, Local Cloth expanded its market presence and launched an online retail shop to sustain vendor opportunities while the physical studio underwent restoration. Retail operations are supported by staff and volunteers, including vendor participation models that allow artists to contribute time in exchange for increased commission rates. This program plays a critical role in Local Cloths mission by creating economic opportunity, supporting small-scale producers, and increasing public access to locally sourced fiber products.Expenses $212,045 · revenue $85,555
- Workshops + Education: Local Cloth offers a robust educational program that includes workshops, classes, and interest groups spanning a wide range of fiber arts techniques and skill levels. Programs are designed to support both beginners and advanced practitioners, with instruction provided by regional artists, farmers, and educators. During the fiscal year, Local Cloth hosted 183 workshops, serving 1,024 participants. Programming continued despite disruptions caused by Hurricane Helene, with workshops relocated to more than 10 alternative sites across the region, including artist studios, community spaces, and partner organizations. Interest Groups met regularly, both in-person and virtually, maintaining community connection and ongoing learning opportunities. Education remains central to Local Cloths mission, increasing awareness of regional fiber systems technical skills that support artistic and economic development. Programs emphasize accessibility, collaboration, and knowledge-sharing across the fibershed.
- Membership: Local Cloth maintains a membership program that supports a growing network of fiber artists, farmers, educators, and enthusiasts across the Blue Ridge Mountains Fibershed. Membership provides access to workshops, interest groups, retail opportunities, and community resources, while fostering connection and collaboration across the regional fiber economy. During the fiscal year, Local Cloth served 750 members, including 159 new members. Membership engagement remained strong despite disruptions caused by Hurricane Helene, with continued communication, virtual connection opportunities, and in-person gatherings hosted in alternative locations during the studio closure. The Membership Committee plays an active role in welcoming new members and supporting ongoing engagement. Initiatives such as Local Cloth Cares further strengthen community support by providing care and connection during times of need. Membership serves as a foundational element of Local Cloths work, sustaining both programs and relationships across the fibershed.
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
- 45-5399614
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $241,832
- Income (IRS master file)
- $428,433
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $413,052 | $266,023 | $241,832 | IRS |
| 990 | June 2024 | $285,389 | $284,278 | $81,026 | XML |
| 990 | June 2023 | $207,334 | $210,167 | $79,590 | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: Judi Jetson | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Sandra Hartmannsgruber | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-5399614).
Questions about LOCAL CLOTH INC
- What is the EIN of LOCAL CLOTH INC?
- The employer identification number (EIN) of LOCAL CLOTH INC is 45-5399614.
- Is LOCAL CLOTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to LOCAL CLOTH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOCAL CLOTH 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 LOCAL CLOTH 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 LOCAL CLOTH 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 LOCAL CLOTH INC?
- The 990 for the year ended June 30, 2025 names Peggy Newell.
- Who are the officers and directors of LOCAL CLOTH INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $15,660 (Courtney LaCaria, Managing Director).
- How much revenue does LOCAL CLOTH INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $413,052, expenses of $266,023 and total assets of $241,832 at year end.
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All nonprofits in ASHEVILLE · North Carolina · Arts, culture and humanities