Arts, Culture & Humanities
(A99)
990 on File
FREEDOM QUILTING BEE LEGACY
Financial strength (30%)
76/100
Reliability (20%)
45/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$443K
Total Revenue
$276K
Total Expenses
$599K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
68.6%
Fundraising Efficiency
N/A
Operating Reserve
26.02x
Liability-to-Asset
11.9%
Revenue Diversification
84.9%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
68.6% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.3% | 14.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
26.0 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.9% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.9% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
47.9% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
124.5% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
37.6% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $443K | $276K | $599K | 68.6% | 1 |
| 2023 | $299K | $123K | $433K | 53.1% | 1 |
| 2022 | $89K | $104K | $257K | 71.8% | — |
| 2021 | $568K | $13K | N/A | — | 0 |
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