Form 990 for tax year 2023

Totals

Total revenue

$5,653,162

Total expenses

$5,410,621

Contributions and grants received

$4,212,239

Grants paid

$105,285

Program service revenue

$1,231,880

Investment income

$221,181

Other revenue

-$12,138

Total assets, end of year

$6,187,879

Total liabilities, end of year

$1,079,847

Net assets or fund balances, end of year

$5,108,032

Program services expenses (Part IX)

$4,310,757

Management and general expenses

$493,902

Fundraising expenses

$605,962

Program service expenses (Part III)

$4,310,757

Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• THE NEST GUILD: THE NEST GUILD IS AN EVER-GROWING GLOBAL NETWORK OF 2,600+ HANDCRAFT ENTERPRISES AND MAKER BUSINESSES IN 125+ COUNTRIES. WHILE REPRESENTING A DIVERSITY OF CRAFT TYPES FROM BASKET WEAVING TO HAND DYEING, CERAMICS, AND WOODWORKING GUILD MEMBERS ARE UNITED IN THEIR PURSUIT OF SUSTAINABLE BUSINESS GROWTH AND SOCIAL IMPACT IN THEIR COMMUNITIES. IT'S FREE TO JOIN THE NEST GUILD, AND ARTISAN AND MAKER MEMBERS RECEIVE ACCESS TO ONGOING RESOURCES AND PROGRAMS. THIS NETWORK IMPRESSIVE SHOWCASES THE POWER AND REACH OF THE CREATIVE ECONOMY. GUILD MEMBERS GAIN ACCESS TO EXCLUSIVE OPPORTUNITIES INCLUDING NEST'S APPLICATION-BASED BUSINESS ACCELERATORS, FINANCING OPPORTUNITIES, AND PRO BONO MENTORSHIP PROVIDED THROUGH NEST'S NETWORK OF INDUSTRY PROFESSIONALS AND CORPORATE PARTNERS. THEY MAY ALSO BENEFIT FROM MARKET ACCESS SUPPORT AND CONSIDERATION FOR SOURCING OPPORTUNITIES WITH OUR GROWING NETWORK OF BRAND PARTNERS. ON AVERAGE, GUILD MEMBERS ACTIVELY INVOLVED IN NEST PROGRAMMING WERE EACH ABLE TO GENERATE $80,000 IN NEW REVENUE IN 2023! 85% OF GUILD MEMBERS SAID THAT THEIR INVOLVEMENT IN NEST PROGRAMMING HAS INCREASED THEIR CONFIDENCE TO GROW THEIR BUSINESS. 61% OF MEMBERS SAID THAT INVOLVEMENT IN NEST PROGRAMMING INCREASED THEIR OPPORTUNITIES FOR GENERATING REVENUE 60% OF MEMBERS STATED THAT THEY ARE MORE CONNECTED TO RESOURCES AND THE SUPPORT NETWORK THEY NEED TO GROW THEIR BUSINESSES SINCE JOINING THE GUILD. MAKERS UNITED: IS BUILDING A MORE INCLUSIVE COMMUNITY OF U.S. MAKER-ENTREPRENEURS AND CRAFTSPEOPLE BY CO-CREATING AN ECOSYSTEM WHERE BIPOC AND LOW- INCOME MAKERS FEEL RECOGNIZED AND REPRESENTED AND HAVE ACCESS TO THE TOOLS THEY NEED TO GROW THEIR BUSINESSES AND THRIVE. A SUBSET OF NEST'S GLOBAL NETWORK OF CREATIVE ENTREPRENEURS, MAKERS UNITED ELEVATES THE VOICES OF DIVERSE MAKERS IN THE UNITED STATES TO ENSURE THAT THE GROWING AMERICAN MAKERS MOVEMENT IS GENERATING OPPORTUNITY FOR ALL MAKERS REGARDLESS OF GENDER, RACE, ECONOMIC MEANS OR ABILITY. MAKERS UNITED IS COMMITTED TO BUILDING A BETTER-CONNECTED ECOSYSTEM FOR MAKERS. TO DO THIS, NEST MAPS THE LOCAL LANDSCAPE OF SMALL BUSINESS SUPPORT AND CONNECTS THE DOTS BETWEEN MAKERS AND THE LOCAL, NATIONAL, AND PEER RESOURCES THEY NEED. ADDITIONALLY, THROUGH THE PROGRAM, CREATIVE ENTREPRENEURS CAN GAIN ACCESS TO EXCLUSIVE OPPORTUNITIES LIKE THE MADEWELL MAKER COLLECTIVE, ETSY'S UPLIFT MAKERS PROGRAM, NEST'S FLAGSHIP MAKERS FUTURE FUND, AND MORE! NEST SUPPORTS HISTORICALLY MARGINALIZED COMMUNITIES ACROSS THE US AND INVESTS IN THE PRESERVATION OF IMPORTANT CRAFT TRADITIONS. THESE SPECIAL PROGRAMS INCLUDE WORK WITH GEE'S BEND QUILTERS OF ALABAMA, THE GULLAH WEAVERS OF SOUTH CAROLINA, NATIVE AND INDIGENOUS CRAFTSPEOPLE, MAKERS IN APPALACHIA, NYC'S GARMENT DISTRICT, THE CRAFT COMMUNITY IN PUERTO RICO. ADDITIONALLY, WE HAVE A REGIONAL PROGRAM FOR ARRIVING IMMIGRANTS AND REFUGEES IN 4 STATES. NEST'S ARTISAN BUSINESS ACCELERATORS ARE APPLICATION-BASED, INTENSIVE, AND HOLISTIC PROGRAMS THAT PROVIDE HIGH POTENTIAL HANDCRAFT BUSINESSES AND SOCIAL ENTERPRISES FROM THE NEST GUILD WITH THE SUPPORT THEY NEED TO BECOME VITAL PLAYERS IN THE INTERNATIONAL MARKETPLACE. NEST'S FLAGSHIP PROGRAM, THE ARTISAN ACCELERATOR, CONTINUES TO ESTABLISH ITSELF AS THE PREEMINENT ACCELERATOR OF ARTISAN BUSINESSES EQUIPPING HIGHLY MOTIVATED SOCIAL ENTREPRENEURS WITH A SUITE OF TARGETED PROGRAMMING TO DRIVE THEIR BUSINESS GROWTH AND SOCIAL IMPACT IN THE HANDCRAFT SECTOR. HANDCRAFT ENTERPRISES THAT PARTICIPATE IN ANY OF NEST'S BUSINESS ACCELERATOR PROGRAMS GAIN ACCESS TO KEY LEARNING RESOURCES AND DEVELOP NEW SKILLS TO COMPLEMENT AND STRENGTHEN THEIR BUSINESS OPERATIONS, DEVELOP AND MARKET THEIR PRODUCTS, AND SUPPORT THEIR WORKERS AND COMMUNITIES. 78 ARTISAN BUSINESSES REPRESENTING OVER 38 COUNTRIES HAVE PARTICIPATED IN THE FLAGSHIP ARTISAN ACCELERATOR SINCE THE PROGRAM'S INCEPTION IN 2018 81% OF PARTICIPATING BUSINESSES ACROSS NEST'S ACCELERATOR PROGRAMS ARE WOMEN-LED AND COLLECTIVELY EMPLOY 34,000+ ARTISANS, 77% OF WHOM ARE WOMEN $30M+ IN TOTAL REVENUE REPORTED BY 2022 ARTISAN ACCELERATOR PARTICIPANTS, WHICH PROVES THE FINANCIAL SUSTAINABILITY AND SUCCESS OF ARTISAN BUSINESSES IN THE PROGRAM 26% INCREASE IN PRODUCTION REPORTED BY ARTISAN ACCELERATOR PARTICIPANTS, WHICH IS VITAL FOR MAINTAINING PRODUCT QUALITY AND MEETING MARKET DEMANDS.

  Expenses $1,973,320 · Grants $105,285 · Revenue $90,384

• HANDWORKER SECTOR CONSULTING: NEST'S ETHICAL HANDCRAFT PROGRAM IS REVOLUTIONIZING THE INDUSTRY BY MAKING HOMEWORK A SAFE AND VIABLE OPTION FOR WORKERS WORLDWIDE. LEVERAGING INTERNATIONAL LABOR ORGANIZATION PRINCIPLES, NEST DEVELOPED THE FIRST-EVER SET OF UNIVERSALLY APPLICABLE STANDARDS AND VERIFICATION METHODOLOGY FOR DECENTRALIZED SUPPLY CHAINS IN THE UNREGULATED INFORMAL ECONOMY. ESTIMATES SUGGEST THAT AROUND THE WORLD 300 MILLION PEOPLE, THE MAJORITY OF WHOM ARE WOMEN, ARE WORKING FROM THEIR HOMES OR SMALL WORKSHOPS TO SUPPORT FASHION AND HOME DECOR PRODUCTION. THIS WORK RANGES FROM SKILLED-BASED LABOR LIKE HAND-KNOTTING RUGS AND SEWING SOLES ONTO SHOES, TO STRINGING BEADED JEWELRY, CRAFTING DECORATIVE TASSELS, FOLDING TISSUE PAPER, AND PACKING POLY BAGS. FOR THESE WORKERS, HANDWORK OFFERS THEM AN OPPORTUNITY TO EARN AN INCOME WHILE CARING FOR THEIR FAMILIES AND LIMITS THE NEED FOR LONG AND SOMETIMES DANGEROUS TRAVEL INTO CITIES. LAUNCHED AT THE UNITED NATIONS ALONGSIDE A COMMITTEE OF FOUNDING BRANDS AND RETAILERS, THE PROGRAM HAS REACHED SUPPLY CHAINS ON 5 CONTINENTS. TODAY, NEST PARTNERS WITH BRANDS LIKE TARGET, WEST ELM, POTTERY BARN, AND PATAGONIA TO IMPLEMENT ETHICAL HANDCRAFT PROGRAMMING WITHIN SELECT SUPPLY CHAINS. THIS PROVIDES THEM WITH GREATER INSIGHT INTO THEIR PRODUCTION AND ENABLES THEM TO MAKE BETTER-INFORMED SOURCING DECISIONS AND IMPACTFUL CORPORATE POLICIES. 57% INCREASE IN THE NUMBER OF BUSINESSES THAT HAVE POLICIES ON CRITICAL RIGHTS AND WELLBEING FOR HOME-BASED WORKERS 72% INCREASE IN THE NUMBER OF BUSINESSES THAT HAVE A SET MINIMUM HIRING AGE; A NECESSARY BENCHMARK TO LIMIT CHILD LABOR 78% INCREASE IN THE NUMBER OF BUSINESSES THAT HAVE SET ENVIRONMENTAL PROTECTION GUIDELINES FOR THEIR PRODUCTION.FEE FOR SERVICE PROGRAMS: NEST'S SOURCING SERVICES ADVANCE TRANSPARENCY, SOCIAL WELLBEING, AND ECONOMIC OPPORTUNITY FOR GLOBAL ARTISANS AND US MAKERS BY FACILITATING MATCHES BETWEEN BRANDS AND DESIGNERS AND NEST'S NETWORK OF ARTISANS AND MAKERS. NEST COLLABORATES WITH INDUSTRY-LEADING BRANDS INCLUDING CHLO, RALPH LAUREN, TORY BURCH, WEST ELM, AND MADEWELL TO CELEBRATE THE BEAUTY AND ARTISANSHIP OF MAKERS IN THE UNITED STATES AND ARTISAN BUSINESS LEADERS WORLDWIDE THROUGH CURATED HANDCRAFTED COLLECTIONS. NEST BELIEVES THAT SUSTAINABLE ECONOMIC GROWTH FOR ARTISANS IS ACHIEVED THROUGH TRANSPARENT SOURCING RELATIONSHIPS, WHICH IS WHY NEST CONNECTS BRANDS AND DESIGNERS WITH HANDCRAFT VENDORS OR INDEPENDENT MAKERS DIRECTLY. WE NEVER REQUIRE EXCLUSIVITY AGREEMENTS THAT MAY INHIBIT AN ARTISAN BUSINESS' ABILITY TO GROW AND ENCOURAGE CELEBRATION AND STORYTELLING FOR THE ARTISANS INVOLVED. NEST'S MODEL FOSTERS SUCCESSFUL LONG-TERM RELATIONSHIPS BETWEEN MAKERS AND BRANDS. OUR CONSULTATIONS, REPORTS, AND RETAINER SERVICES SUPPORT THE CREATION OF CRAFT VENDOR PROFILES WITH BEAUTIFUL PRODUCT PHOTOS, DETAILS ON THE TECHNIQUES, AS WELL AS CONTACT INFORMATION, APPROXIMATE PRICES AND LEAD TIMES. ALL OF NEST SERVICES INCLUDE AN EXCLUSIVE ARTISAN BEST PRACTICE TRAINING BASED ON NEST'S TWO DECADES OF EXPERIENCE FOR CORPORATE TEAMS, AS WELL AS MARKETING AND STORYTELLING SUPPORT FOR LAUNCHES. NEST PARTNERS WITH DESIGNERS, BRANDS, AND RETAILERS OF ALL SIZES TO PROVIDE HIGHLY CUSTOMIZED SOURCING SERVICES AND DELIVER INNOVATIVE IMPACT SOLUTIONS WHICH PRIORITIZE DIVERSITY, EQUITY, INCLUSION, AND CIRCULARITY. THROUGH CUSTOMIZED INITIATIVES, LIKE THE ETSY'S UPLIFT MAKERS PROGRAM, AND UNIQUE UPCYCLING SOLUTIONS, WE WORK ALONGSIDE BRANDS TO DEVELOP OPPORTUNITIES TO SUPPORT US MAKERS AND GLOBAL ARTISANS THAT EXTEND BEYOND SOURCING TO BENEFIT INDIVIDUALS, FAMILIES, AND COMMUNITIES.

  Expenses $1,299,535 · Revenue $1,078,996

• RESEARCH & ADVOCACY: MAKERS UNITED BRINGS VISIBILITY TO UNDER-REPRESENTED MAKERS AND THE CHALLENGES THEY FACE TO INCLUSION IN THE MICRO- AND SMALL-BUSINESS ECONOMY BY MAPPING THE REGIONAL LANDSCAPE OF SMALL BUSINESS SUPPORTS AND CONNECTING THE DOTS BETWEEN MAKERS AND THE LOCAL, NATIONAL, AND PEER RESOURCES THEY NEED. WE PUBLISH A REPORT THAT SHOWCASES THE OPPORTUNITIES FOR THE CREATIVE ECONOMY IN EACH CITY WE WORK IN TO HELP BUILD A STRONG ECOSYSTEM OF SUPPORT FOR MAKERS. NEST'S RESEARCH AND ADVOCACY INITIATIVES AIM TO BRING INDUSTRY AND PUBLIC AWARENESS TO THE OFTEN OVERLOOKED AND UNDER-REPRESENTED HANDWORKER SECTOR. FROM THOUGHT LEADERSHIP PIECES TO CONCISE RESEARCH BRIEFS AND FULL REPORTS, NEST'S PUBLICATIONS INVESTIGATE RESEARCH TOPICS THAT ARE TIMELY AND IMPORTANT TO THE SECTOR AND AIM TO SYNTHESIZE RESULTS IN A WAY THAT CAN BE CONVEYED WITH EASE TO ANY AUDIENCE.

  Expenses $1,037,902 · Revenue $62,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

• JIM BRIGHAM

  CHAIR

  Total calculated

  $0

  Hours/week

  5

• MARTY CORDES

  PARTNERSHIP CHAIR

  Total calculated

  $0

  Hours/week

  5

• NICOLE PECHANEC LUCK

  FINANCE CHAIR

  Total calculated

  $0

  Hours/week

  5

• LOUISE PARZICK

  TRUSTEE

  Total calculated

  $0

  Hours/week

  5

• JULIE MEYER

  TRUSTEE

  Total calculated

  $0

  Hours/week

  5

• HEATHER WINN BOWMAN

  TRUSTEE

  Total calculated

  $0

  Hours/week

  5

• TRACY REESE

  TRUSTEE

  Total calculated

  $0

  Hours/week

  5

• CLEMENT KING

  TRUSTEE

  Total calculated

  $0

  Hours/week

  5

• TRACEY AUSTIN-GROOMS

  TRUSTEE

  Total calculated

  $0

  Hours/week

  5

• AMANDA NUSZ

  TRUSTEE STARTING 4/1

  Total calculated

  $0

  Hours/week

  5

• CHRISTOPHER VAN BERGEN

  CHIEF FINANCIAL OFFICER

  Total calculated

  $203,300

  From this org

  $171,220

  From related orgs

  $0

  Other

  $32,080

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $166,220

  Bonus

  $5,000

  Other

  $0

  Deferred

  $16,623

  Nontaxable benefits

  $15,457

  Filer's total

  $203,300

• REBECCA VAN BERGEN

  EXECUTIVE DIRECTOR

  Total calculated

  $222,577

  From this org

  $175,304

  From related orgs

  $0

  Other

  $47,273

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $168,180

  Bonus

  $5,000

  Other

  $2,124

  Deferred

  $16,559

  Nontaxable benefits

  $30,714

  Filer's total

  $222,577

• ASHIA DEARWESTER

  CHIEF STRATEGY/PARTNERSHIPS OFFICER

  Total calculated

  $209,190

  From this org

  $156,006

  From related orgs

  $0

  Other

  $53,184

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $151,006

  Bonus

  $5,000

  Other

  $0

  Deferred

  $16,113

  Nontaxable benefits

  $37,071

  Filer's total

  $209,190

• LINDSEY STRUCK

  CHIEF HANDCRAFT PROGRAMS OFFICER

  Total calculated

  $169,885

  From this org

  $135,843

  From related orgs

  $0

  Other

  $34,042

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $126,243

  Bonus

  $5,000

  Other

  $4,600

  Deferred

  $13,585

  Nontaxable benefits

  $20,457

  Filer's total

  $169,885

• MARIKA SHIGA

  DIRECTOR OF ENGAGEMENT/PARTNERSHIPS

  Total calculated

  $137,117

  From this org

  $110,827

  From related orgs

  $0

  Other

  $26,290

  Hours/week

  40

• AMANDA LEE

  SR DIRECTOR- BRAND STRATEGY/SOURCING

  Total calculated

  $141,284

  From this org

  $114,660

  From related orgs

  $0

  Other

  $26,624

  Hours/week

  40

• ISABELLE KAYAL

  SR DIRECTOR- STRATEGIC PARTNERSHIPS

  Total calculated

  $123,727

  From this org

  $114,586

  From related orgs

  $0

  Other

  $9,141

  Hours/week

  40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

11 November 2024

IRS schema version

2023v5.1

Source object

202423189349304722

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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