Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 48% | — | — |
| Overhead ratio | 52% | — | — |
| Revenue growth | -4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Karen Giberson | $200,293 | $231,617 | $204,200 | $204,200 | $222,689 | $154,200 |
| Irene Fitzgerald | $166,212 | — | — | — | — | — |
| Sophia Strawser | — | — | $70,488 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
Promotes accessories to consumers and retailers, fostering industry discussion and advocacy.
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Where the work happens
Ace Awards
Program achieves its exempt purpose by bringing the industry together to further educate, stimulate and recognize the accessory industry and those who have made an impact.
Design Excellence Awards
This program achieves its exempt purpose by recognizing the achievement of students in the fashion industry which brings those in attendance together to further educate the industry as a whole.
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Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2025 Latest Viewing | $1.7M | $1.9M | -4% | 990 PDF |
| FY2024 | $1.8M | $1.8M | +39% | 990 PDF |
| FY2023 | $1.3M | $1.5M | -9% | 990 PDF |
| FY2022 | $1.4M | $1.3M | +10% | 990 PDF |
| FY2021 | $1.3M | $1.2M | +232% | 990 PDF |
| FY2020 | $383K | $546K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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