Show Me The Money

Show Me The Money
The Alzheimer's Art Quilt Initiative has raised more than $1.1 million for Alzheimer's research since January 2006!

2013 is our eighth year fighting Alzheimer's.
So far this year the AAQI has earned approximately $217,996.63 in profit during 2013. All profit is used to fund Alzheimer's research.

Please note: 2013 is our last year of fundraising. Read more here.


"Money IN / Money OUT" Report
(January 1, 2013 to November 27, 2013)

Income:

  • Priority: Alzheimer's Quilts: $176,197.20

  • Invitational Quilts: $29,585.00

  • Name Quilt Sales: $5,587.51

  • Exhibit Rental & Application Fees: $1,350.00

  • Donations: $21,542.69

  • Lapel Pin Donations: $250.00

  • AAQI Logo Earrings: $69.24

  • Stanley Cup Challenge Commemorative Earrings: $150.11

  • Alzheimer's: Forgetting Piece by Piece CD: $255.00

  • AAQI Gear (Café Press): $254.71

  • Amazon.com Affiliate Program Income: $1,012.24

  • Interest Income: $398.69

  • GoodSearch.com and GoodShop.com: $214.64


    Total Income: $236,867.03



    Expenses:

    • Quilt Insurance $1,025.00
      "Alzheimer's Illustrated: From Heartbreak to Hope" Exhibit

    • Licenses & Fees: $1,793.98
        Solicitation Registration, Corporation Registration Fees
        (Paid throughout the year as deadlines demand.)
      • Alabama: $25.00
      • Alaska: $40.00
      • California: $50.00
      • Connecticut: $50.00
      • Colorado $1.00
      • Florida: $125.00
      • Georgia: $20.00
      • Hawaii: $100.00
      • Illinois: $15.00
      • Idaho 0
      • Kansas: $35.00
      • Maine: $25.00
      • Maryland: $50.00
      • Massachusetts: $70.00
      • Michigan: $20.00
      • Minnesota: $25.00
      • Mississippi: $50.00
      • Missouri: 0
      • Montana: 0
      • New Hampshire: $75.00
      • New Jersey: $60.00
      • New York: $110.00
      • North Carolina: $50.00
      • North Dakota: $20.00
      • Ohio: 0
      • Oklahoma: $65.00
      • Oregon: $10.00
      • Pennsylvania: $100.00
      • Rhode Island: $93.98
      • South Carolina: $50.00
      • Tennessee: $200.00
      • Utah: $100.00
      • Virginia: $50.00
      • Washington: $40.00
      • West Virginia: $15.00
      • Wisconsin: $54.00


    • Office Supplies (Administrative Expenses): $63.14
      • Purple paper (May 2013) $9.53
      • Box of checks (August 2013) $20.71
      • Stapler, staples (September 2013) $19.65
      • 12 rolls thermal paper for cc machine (October 2013) $13.25


    • Supplies (Program Expenses): $300.72
      • Stamp to reconcile sold quilts with invoice number (Feb 2013) $28.61
      • 288 Bulldog Clips-quilt storage (May 2013) $20.12
      • 2,000 plastic hang tabs-Houston (September 2013) $54.14
      • 1,500 sheets card stock for quilt tags- Houston (September 2013) $50.55
      • Labels to correct date on tags-Houston (September 2013) $29.67
      • 3 50-gallon wheeled garbage cans to ship quilts (October 2013) $108.09
      • 9 LED bracelets, booth decoration (November 2013) $9.54


    • COST OF GOODS: $15.12
      • 14 Alzheimer's: Forgetting Piece by Piece CDs $15.12


    • Printing & Reproduction: $5.19 (For AAQI Letterhead)

    • Credit Card Processing Fees: $2,342.75

    • Bank Service Charges: $53.00

    • Telephone: $726.46
      • Office Telephone (Administrative): $408.45
        ( $24.99/month + taxes)
      • Booth in Houston (Tax, City of Houston): $318.01


    • Accountant’s Fees: $3,800.00

    • Legal Fees: 0

    • Café Press Web Hosting ($6.95/month or 10% of product income): $0

    • Web Hosting (AlzQuilts.org) through Yahoo Store ($39.95/month): $439.45

    • Store Transaction Fees / Revenue Share (1.5% of all items sold): $1,684.69

    • Domain Name Registration and Forwarding $100.49
      • No advertisement on AAQI Update and NameQuilt blogs (Feb) $60.00
      • AlzQuilts.org (January) $9.45
      • AAQI.org (April) $9.45
      • URL forwarding for AAQI.org $12.00
      • Unknown…looking into it $9.59


    • Fulfillment Services: $3,325.50

    • Freight (postage): 0

    • Michigan & Texas Sales Tax: $3,174.91
      • Michigan sales tax paid in 2013 for 2012 (January) $50.87
      • Texas sales tax paid in 2013 for 2012 (January) $2,872.83
      • Texas late fee---didn’t report zero tax liability, 3rd quarter (Feb) $52.00
      • Michigan sales tax – First Quarter (April) $75.47
      • Michigan sales tax — Second Quarter (July) $104.87
      • Michigan sales tax — Third Quarter (October) $18.87


    • Travel: $20.00
      Frequent flyer mileage fee (2 tickets to Houston)

      Total Expenses: $18,870.40



      Profit for 2013: $217,996.63


      ALL PROFITS FUND ALZHEIMER'S RESEARCH

      2013 Research Grant Awards: ($309,808.00)
      Texas A & M — $40,894
      "Amyloid cross-seeding as a mechanistic link between AD and diabetes"
      Dr. Ian V.J. Murray

      University of Texas Medical Branch at Galveston — $35,000
      "Protective mechanisms against Alzheimer's disease dementia"
      Dr. Nicole L. Bjorklund

      Johns Hopkins University, Bloomberg School of Public Health — $38,354
      "Bfk, a novel mediator of neuronal death in Alzheimer's disease"
      Dr. Lucian Soane

      Mount Sinai School of Medicine — $60,000
      "Metabotropic glutamate receptors in Alzheimer's disease"
      Dr. Michele E. Ehrlich

      Temple University — $75,000
      ”Five lipoxygenase and Alzheimer's disease related to tao pathology"
      Dr. Jin Chu

      Boston University Medical Center — $60,560
      "Exosome-mediated dissemination of tau aggregation in Alzheimer's"
      Dr. Tsuneya Ikezu

      (Even though grant awards are expenses of the nonprofit, they are not listed as expenses above. It is easier to show the amount the AAQI has raised for research this way. Accountants should examine our 990EZ forms below.)

      Prior Funds Allocated to Alzheimer's Research:

      Please click here to read about research that has been funded by the Alzheimer's Art Quilt Initiative.


      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.

      The Alzheimer's Art Quilt Initiative can only do what it does because of our volunteers and companies who give or discount their services. They are:

      • More than 2000 quilters who have donated quilts. See our Honor Roll.

      • BenefitBidding.com, donates auction services for monthly online auctions!

      • Recycled Paper, MPI Research in Mattawan, Michigan

      • Diane Petersmarck
        • Receives shipped quilts
        • Emails donor acknowledgements
        • Quilt Scanner
        • Uploads images to web site
        • Inserts BACK and NEXT buttons on auction quilt page
        • Creates archival disks of images and HTML coding
        • Updates auction page with buy buttons and price + insurance
        • Uploads Quilt-A-Month Club data to web page
        • Go-to person for all web page related emergencies


      • Beth Hartford
        • Receives quilt registration data from quilt donors
        • Builds web pages for donated quilts
        • Emails donor with quilt numbers
        • Archives HTML coding
        • Printing Czar
        • Houston Tag Builder, 2009-2010


      • Kathy Kennedy-Dennis
        • Co-Curator, "Alzheimer's Illustrated: From Heartbreak to Hope"
        • Administrates Quilt-A-Month Club
        • AAQI Answer Woman
        • On-call quilter
        • Houston Support Team


      • James Tyson, created and hosts quilt registration forms

      • Donna Moscinski and Eileen O'Regan, Quilt Scanners (2012-2013)

      • Robin Brooks
        • Quilt Scanner (2013)
        • Name Quilt Image Fixer

        • Barbara Miller
          • Sold Quilt Mover
          • $1,000 Promise Coordinator (2013)
          • Name Quilt page creator and name checker

          • Fannie Narte
            • Writes and posts FaceBook status updates
            • Comments on wall posts


          • Naomi Adams
            • Creates monthly auction pages on BenefitBidding.com
            • Creates thumbnail for auction
            • Creates quilt collage for AAQI home page


          • Daphne and Leon Stewart
            • Updates Honor Roll data
            • Notifies quilters in monthly auction
            • Transcribes comments from exhibit


          • Michele Bilyeu
            • Google alerts monitor
            • Keeps master blogger list


          • Robbi Eklow, CafePress.com product creator

          • Peg Howard, "Get Ideas" comment moderator

          • Ruth Langdon
            • Paper flipper
            • PQ Filing Goddess
            • Quilt check-in and price uploading
            • Houston Prep Team 2010, 2011, 2012


          • Mary Lecea, Tag Builder 2011
            • Invoicing March 2012 to present
            • Houston Prep Team, 2012


          • Anne Wolhfeil
            • Sewed quilts to mounting for AI:FHtH
            • Footie stitcher for AAQI booth in Houston
            • Invoicing 2011 to present


          • Barb Newtown, very necessary things, 2011

          • Houston Quilt Prep Team & Recovery 2012: Shelley Tuuri, Sharon Pelc, Emma Eaton, Marie Kudej and Ruth Murray.

          • Martha Wolfersberger, Houston Prep Team 2012

          • Jen Hinwood, Houston Prep Team 2012

          • Susan Pain, Houston Support Team

          • Karen Musgrave, press release writer, 2006-2012.

          • Carol Kolf, scrapbook scanner

          • Barbara Waxer
            • Copyright consultant
            • Word Wizard


          • Kathie Veach, Research Protocol Advisor

          • Sherry Whitford, blog interviewer

          • Ruth Murray, Houston Prep Team 2009, 2010, 2011, 2012

          • Lee Kirchner, logo rendering

          • Doug Tessler, audio recording for "Heartbreak to Hope" video

          • Robin June, Accountant, offering discounted services, July 2007-present

          • Karey Bresenhan (Quilts, Inc.) and Brooke & John Flynn - Exhibition space for Priority: Alzheimer's Quilts sale at International Quilt Festival in Houston, TX. 2006, 2007, 2008, 2009, 2010 2011, and 2012.

          • Rebekkah Tario
            • Invoicing 2010- February 2012
            • Houston Tag Builder, 2011
            • Keeper of Houston Master List, 2011


          • EE Schenck, fabric to cover walls in exhibit space at Houston International Quilt Festival, used 2006-2011.

          • Flyer-printers, Sticker-printers, Pipe Bootie Makers, Skrunchie Sewers, and quilters who roll up their sleeves to help.

          • The White Glove Brigade & Quilt Police, giving hugs and keeping the quilts safe.