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Passes our checks

Textile Center of Minnesota

EIN 41-1790700 · Minneapolis, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak36 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TEXTILE CENTER'S MISSION IS TO HONOR TEXTILE TRADITIONS, PROMOTE EXCELLENCE AND INNOVATION, NUTURE APPRECIATION, AND INSPIRE WIDESPREAD PARTICIPATION IN FIBER ART.

Income
$1.1 million
Spending
$1.4 million
Spent on programs
76%
Reserves
-0.3 months of spending
Largest source of income
donations and private grants, 44%
Employees
23
Volunteers
200
Highest pay
$121,248, executive director

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 36 out of 100. Higher than 11% of charities in its peer group (education, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    16 of 20

    It owes 20% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 28% of income.

  • Income trend

    5 of 15

    Income fell 14% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 17 cents.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.1 million spent. FOUNDED IN 1994, TEXTILE CENTER IS A NATIONAL CENTER FOR FIBER ART BASED IN MINNEAPOLIS, MINNESOTA. OUR PROGRAMMING INCLUDES YEAR-ROUND EXHIBITIONS, FIBER ART EDUCATION FOR ADULTS AND YOUTH, A LIBRARY WITH MORE THAN 35,000 BOOKS AND PERIODICALS DEDICATED TO TEXTILES AND FIBER ART, A RETAIL ARTISAN SHOP THAT SUPPORTS REGIONAL ARTISTS, ROBUST COMMUNITY OUTREACH, OUR ELLEN EREDE WELLS DYE LAB AND DYE GARDEN, AND THE MCKNIGHT FELLOWSHIPS FOR FIBER ARTISTS.FIBER ART IS THE MOST WIDELY PRACTICED ART FORM IN MINNESOTA ("MINNESOTANS AND THE ARTS," MINNESOTA COMPASS), AND TEXTILE CENTER HAS BEEN ITS LEADING CHAMPION. OUR HOME AT 3000 UNIVERSITY AVE SE IN MINNEAPOLIS IS ADJACENT TO THE METRO GREEN LINE'S PROSPECT PARK STATION.TEXTILE CENTER IS COMMITTED TO EXPANDING FIBER ARTS KNOWLEDGE AND SKILLS, ALIGNED WITH OUR STRATEGIC GOALS TO: 1. LEAD WITH INCLUSIVE PRINCIPLES TO ENSURE ALL CONSTITUENTS - REGARDLESS OF RACE, GENDER, SEXUAL ORIENTATION, AGE, INCOME, OR DISABILITY - HAVE OPPORTUNITIES TO THRIVE.2. PRIORITIZE THE AFFORDABILITY AND ACCESSIBILITY OF OUR PROGRAMS.3. SUPPORT AND INSPIRE FIBER ARTISTS, MAKERS, AND APPRECIATORS AT ALL LEVELS THROUGH CLASSES, EXHIBITIONS, FELLOWSHIPS, SALES OPPORTUNITIES, AND COLLABORATIVE INITIATIVES.WE PRESENT MORE THAN 20 EXHIBITIONS ANNUALLY IN OUR 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 ARE ALSO AVAILABLE VIRTUALLY ON OUR WEBSITE.TO FOSTER FIBER ARTS APPRECIATION AND ENTREPRENEURSHIP, OUR ARTISAN RETAIL SHOP PROVIDES THE PUBLIC WITH OPPORTUNITIES TO MEET ARTISTS THROUGH DEMONSTRATIONS, TRUNK SHOWS, AND EXHIBITS. WE ALSO MENTOR CONSIGNMENT ARTISTS IN BUSINESS PRACTICES.WE EMBRACE A WIDE SPECTRUM OF FIBER ARTS, INCLUDING WEAVING, QUILTING, KNITTING, SEWING, DYEING, FELTING, NEEDLEWORK, LACE MAKING, BEADING, SCULPTURE, INSTALLATION, SOFT SCULPTURE, AND MULTIMEDIA PIECES. OFFERINGS RANGE FROM INTRODUCTORY CLASSES FOR BEGINNERS TO EXHIBITIONS BY MASTER ARTISTS. OUR PROGRAMMING EXTENDS THROUGHOUT THE TWIN CITIES AND IS REACHING NEW AUDIENCES STATEWIDE AND NATIONALLY THROUGH ONLINE PLATFORMS.IN ADDITION TO FIBER ART CLASSES, WE PROVIDE RESOURCES FOR INNOVATION THROUGH THE ELLEN EREDE WELLS DYE LAB - A SPACE FOR LEARNING, EXPLORATION, AND EXPERIMENTATION - AND THE TEXTILE CENTER LIBRARY, ONE OF THE LARGEST CIRCULATING FIBER ART COLLECTIONS IN THE NATION.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2026.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1995.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.