2010

In 2010 the Alzheimer's Art Quilt Initiative raised $121,088.00 to fight Alzheimer's.

"Money IN / Money OUT"
Annual Report
(January 1, 2010 to December 31, 2010)

Income: $147,501
Does not include $25,785 in Quilt Inventory (Quilts received but not sold by 12/31/10)

• Alzheimer's: Forgetting Piece by Piece Book: $9,061.98
  
  
• Priority: Alzheimer's Quilts: $80,106.73
  
  
• Little Treasures Quilts: $16,184.23
  
  
• Exhibit Rental & Application Fees: $8,250.00
  
  
• Lecture Fees: $1,350.00
  
  
• Donations: $20,866.79
  
  
• Lapel Pin Donations: $1,940.00
  
  
• AAQI Logo Earrings: $735.00
  
  
• World Series Quilt Challenge Commemorative Earrings: $6,055.00
  
  
• Alzheimer's: Forgetting Piece by Piece CD: $2,386.71
  
  
• Rent-A-Top: $35.00
  
  
• AAQI Gear (Café Press): $1,705.94
  
  
• Amazon.com Affiliate Program: $93.96
  
  
• iGive.com Affiliate Program: $25.82
  
  
• Find A Cure Panel: $150.00
  
  
• Network for Good (Donations made on Facebook): $519.28
  
  
• Michigan Sales Tax collected: $143.57
  
  
• Interest Income: $939
  
  
• Shipping Income: $8.50
  
  
• GoodSearch.com and GoodShop.com: $321.00
  

Expenses: $26,413
(Does not include grants listed below—$140,000.)

• Quilt Insurance $1,042.00
  "Alzheimer's: Forgetting Piece by Piece"
  and
  "Alzheimer's Illustrated: From Heartbreak to Hope"
  
  
• Licenses & Fees: ($1,924.00)
  Solicitation Registration, Corporation Registration Fees
  • Alabama: $25.00
  • Alaska: $40.00
  • California: $50.00
  • Connecticut: $50.00
  • Colorado $10.00
  • Florida: $125.00
  • Georgia: 0
  • Hawaii: $100.00
  • Illinois: $15.00
  • Idaho $20.00
  • Kansas: $35.00
  • Maine: $25.00
  • Maryland: $200.00
  • Massachusetts: $70.00
  • Michigan: $20.00
  • Minnesota: $25.00
  • Mississippi: $50.00
  • Missouri: 0
  • Montana: 0
  • New Hampshire: 0
  • New Jersey: $150.00
  • New York: $60.00
  • North Carolina: $100.00
  • North Dakota: $20.00
  • Ohio: (refunded) -200.00
  • Oklahoma: $30.00
  • Oregon: $10.00
  • Pennsylvania: $150.00
  • Rhode Island: $90.00
  • South Carolina: $50.00
  • Tennessee: $200.00
  • Utah: $100.00
  • Virginia: $200.00
  • Washington: $20.00
  • West Virginia: $15.00
  • Wisconsin: $69.00
  
  
  
• Office Supplies (Administration Expenses): $83.56
  • PDFill 7.0 computer software to fill out solicitation forms $19.99
  • Surge Protecting Power Strip, 2 gig Flash drive, printer cable $63.57
  
  
  
• Supplies (Program Expenses): $480.69
  • Sandpaper (AI:FHtH): $2.12
  • Pens (AI:FHtH): $26.67
  • Photography light tent (shooting Priority: Alzheimer's Quilts): $16.20
  • Pens for writing on Name Quilts (AI:FHTH): $11.08
  • Headbands (AI:FHTH) to secure rolled Name Quilts $15.90
  • Styrofoam Pipe Insulation (AI:FHTH) for rolling Name Quilts $10.59
  • Pipe & Drape Rental $50.00
  • Yardsticks (weights for Name Quilts) $1.29
  • 69 Yard Sale Signs (to hang AI:FHTH PQs) $69.54
  • Bulldog clips (PQs) $32.09
  • Signage (banners for booth in Houston) $28.97
  • Plastic Hang tabs (tags for PQs in Houston) $33.61
  • Three reams of card stock (tags for PQs in Houston) $26.08
  • Stapler, staples, paper cutter blade (tags for PQs in Houston) $27.10
  • Corrugated plastic for bins (booth in Houston) $10.87
  • Cable ties, celotex boards, duct tape (booth in Houston) $92.64
  • Color ball pins, wholesale (both in Houston) $10.15
  • Pipe insulation (AI: FHtH Exhibit) $9.45
  • Earring nuts for World Series earrings $6.34
  
  
  
• AAQI Lapel Pins: $955.00
  
  
• AAQI Logo Earrings: $402.11
  
  
• World Series Earrings: $1,652.00
  
  
• Alzheimer's: Forgetting Piece by Piece CD: $222.48
  
  
• Printing & Reproduction: 0
  
  
• Credit Card Processing Fees: $3,343
  
  
• Bank Service Charges: $42.90
  
  
• Telephone: $695.62
  • Office: ($24.99/month + taxes): $413.74
  • Booth in Houston: $281.88
  
  
  
• Accountant’s Fees: $2,563.00
  
  
• Legal Fees: $7,213.17
  
  
• Café Press Web Hosting ($6.95/month): $6.95
  
  
• Yahoo Web Page Hosting & Revenue Share ($39.95/month + 1.5% of sales): $1,071.86
  
  
• Fulfillment Services: $6,328.50
  
  
• Freight (postage): $1,275
  
  
• Michigan & Texas Sales Tax (collected monthly, paid quarterly): ($239.08)
  • Michigan Sales tax paid: $21.53
  • Texas Sales tax paid: (2009 show paid in 1st quarter of 2010) $183.40
    
    
• Travel: $103.50 (Executive Director to attend 2010 Quilt Market for Rose of Sharon kick-off, Houston Super shuttle for 3 people, George Brown Convention Center parking)

  ALL PROFITS FUND ALZHEIMER'S RESEARCH
  2010 Research Grant Awards

  • University of Michigan: $30,000
    "The Roles of Metal Ions in Alzheimer's Disease."
    Dr. Mi Hee Lim
    
    
  • University of California, San Diego: $30,000
    "Stress- Signaling pathways & Alzheimer's Disease Pathology"
    Dr. Robert Rissman
    
    
  • Alzheimer's Association - New Investigator Research Grant: $40,000
    Brigham and Women's Hospital (Boston, MA)
    "MicroRNA Regulation of Early Events in Alzheimer's Disease"
    Dr. Anna Krichevsky
    
    
  • Alzheimer's Association - New Investigator Research Grant: $40,000
    Case Western Reserve University (Cleveland, OH)
    "Effect and Mechanism of Cell Cycle-Re-entry in Neurodegeneration"
    Dr. Hyoung-gon Lee
  
  
  Click here to read about research that has been funded by the Alzheimer's Art Quilt Initiative.
  
  Click here to download IRS Form 990EZ for 2010.