2009

In 2009 the Alzheimer's Art Quilt Initiative earned $107,800 to fight Alzheimer's.



"Money IN / Money OUT"
Annual Report
(January 1, 2009 to December 31, 2009)


Income: $126,228




Expenses: $18,428:
(Does not include grants listed below—$20,000.)

  • Quilt Insurance for "Alzheimer's: Forgetting Piece by Piece:" $707.00

  • Licenses & Permits: $2,360.00
      Solicitation Registration & Corporate Registration:
    • Alabama: $25
    • Alaska: $40
    • California: $150
    • Colorado $10
    • Connecticut: $50
    • Florida: $125
    • Georgia: $35
    • Hawaii: $100
    • Illinois: $15
    • Kansas: $35
    • Maine: $75
    • Maryland: $200
    • Massachusetts: $50
    • Michigan: $10
    • Minnesota: $25
    • Mississippi: $50
    • Missouri: $15
    • Montana: $20
    • New Hampshire: $25
    • New Jersey: $150
    • New York: $25
    • North Carolina: $100
    • North Dakota: $75
    • Ohio: $200
    • Pennsylvania: $150
    • Rhode Island: $90
    • South Carolina: $50
    • Tennessee: $50
    • Utah: $100
    • Virginia: $300
    • Wisconsin: $15


  • Office Supplies: $108
    • Two ring binders to store research grant proposals $5.82
    • Portion of QuickBooks software upgrade $45.05
    • Manila envelopes (100) to mail solicitation registrations $8.26
    • Marking pens for patches, & Priority: Alzheimer's Quilt numbers $8.97
    • 100 Manilla file folders $18.47
    • Five Binders to store research grant proposals $9.43
    • Paper cutter blades, mat $11.96

  • Printing & Reproduction: $91
    • Printing of 990 forms for states requiring solicitation registration $76.56
    • Printing of AAQI Business Cards, note cards, etc. $13.87

  • Supplies: $271
    • Traveling Exhibit
      Pipe insulation for shower curtain hooks for exhibit: $2.93
      Plastic cable ties: $4.45
      Pens: $6.50 $13.88
    • Supplies For Quilt Sales
      Card stock for quilt tags: $28.07 ($11.98 +16.09)
      Plastic hang tabs for tags: $67.92
      Bulldog clips: $6.36 $102.35
    • Houston Booth Expenses
      Three spools black cording: $38.48
      Two curtain rods (Smackdown Quilts): $6.30
      Two pieces electrical conduit (AAQI signs): $15.56
      Supplies for shelving, walls: $78.28 $138.62
    • Piping $16.20

  • Credit Card Processing Fees: $2,791

  • Bank Service Charges: $40
    Annual credit card fee, checks

  • Telephone ($24.99/month + taxes): $800
    Includes $447.77 for telephone data line to process credit card orders at IQF, Houston, TX

  • Accountant’s Fees: $1,185.00 <
  • Legal Fees: $5,575

  • Café Press Web Page Hosting ($6.95/month): $26
  • Yahoo Web Page Hosting & Revenue Share ($39.95/month + 1.5% of sales): $946

  • Fulfillment Services: $3,001

  • Freight (postage): $440

  • Texas Sales Tax (Houston Quilt Festival 2008): $23 $160 written in 2009 for Houston 2008 subtract $138.18 TX sales tax collected in 2009. Net expense is above.

  • Michigan Sales Tax (paid quarterly): $24

  • Travel: $40.00
Airline fees for using frequent flyer miles to get 4 board members to Houston.



Funds Allocated to Alzheimer's Research in 2009:
  • $10,000 Awarded to University of Pittsburgh, Graduate School of Public Health for "Brain Cholesterol & Alzheimer's Disease Pathology" study conducted by Dr. Nicholas Fitz.

  • $10,000 Awarded to Cornell University for "Increase Vascular Permeability Near Amyloid-Beta Plaques in Alzheimer's Brains" study conducted by Dr. Christopher Schaffer.


The AAQI is a totally volunteer organization. No individual is compensated in any way for their work. If you've got any questions, just ask Ami.

(Please note that while every expense is shown to the penny, numbers in categories have been rounded to the nearest dollar.)

Click here to download our 2009 Form 990EZ.