Watershed Center For The Ceramic Arts Incorporated

Organization Overview

Watershed Center For The Ceramic Arts Incorporated is located in Edgecomb, ME. The organization was established in 1994. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Watershed Center For The Ceramic Arts Incorporated employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watershed Center For The Ceramic Arts Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Watershed Center For The Ceramic Arts Incorporated generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $934.7k during the year ending 12/2022. While expenses have increased by 12.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ARTISTIC EDUCATION BY PROVIDING A RESIDENCY/RETREAT FOR CERAMIC ARTISTS FROM ACROSS THE COUNTRY AND ABROAD WHO CREATE IN CLAY AND PARTICIPATE IN THE CLAY ARTS AS WELL AS PROVIDING COMMUNITY EDUCATION PROGRAMS IN THE MID-COAST MAINE AREA AND NATIONALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUMMER RESIDENCY: WATERSHED HOSTS MULTIPLE GROUPS OF 5-17 ARTISTS-IN- RESIDENCE FOR TWO TO THREE WEEKS AND PROVIDES TIME, SPACE, CHEF-PREPARED MEALS, AND STUDIO SUPPORT WHILE THEY EXPLORE IDEAS IN THEIR CREATIVE PRACTICE AND CREATE CONNECTIONS WITH OTHER ARTISTS.


FALL RESIDENCY: WATERSHED HOSTS A GROUP OF 8-10 ARTISTS-IN-RESIDENCE FOR FOUR WEEKS AND PROVIDES TIME, SPACE, AND STUDIO SUPPORT WHILE THEY EXPLORE IDEAS IN THEIR CREATIVE PRACTICE AND CREATE CONNECTIONS WITH OTHER ARTISTS.


WORKSHOPS/FIRINGS: WATERSHED IS HOME TO SEVERAL DIFFERENT TYPES OF KILNS (WOODS, GAS, RAKU) WHICH ARE RENTED OUT TO LOCAL CERAMIC ARTISTS, MANY OF WHOM WOULD NOT HAVE ACCESS TO ATMOSPHERIC FIRINGS OTHERWISE.


EDUCATION: WATERSHED PROVIDES AFFORDABLE SKILL-BUILDING WORKSHOPS TO MAINE K-12 ART EDUCATORS, SO THA THEY ARE ABLE TO TEACH THHOSE SKILLS TO THEIR STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Francine Rudoff
Outgoing Exe
$72,324
Beth Ann Gerstein
Vice Preside
$0
Sarah Yardly Jenkins
Treasurer
$0
Amy Santoferraro
Trustee & Li
$0
Bernie Toale
President
$0
Sharon Townshend
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jf Scott Construction
Construction
$702,709
J Baldy & Sons
Construction
$113,447
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$590
Related organizations$0
Government grants $59,564
All other contributions, gifts, grants, and similar amounts not included above$3,883,825
Noncash contributions included in lines 1a–1f $3,074,095
Total Revenue from Contributions, Gifts, Grants & Similar$3,943,979
Total Program Service Revenue$193,678
Investment income $5,963
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,806
Net Income from Fundraising Events $22,592
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,176,018

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Watershed Center For The Ceramic Arts Incorporated has recieved totaling $56,898.

Awarding OrganizationAmount
Eskin Family Foundation

Iowa City, IA

PURPOSE: GENERAL SUPPORT

$25,000
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$15,290
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Visual Arts

$10,250
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$6,358
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$387,665
Earnings-$50,562
Admin Expense-$2,755
Net Contributions$3,070,762
Other Expense-$2,326,951
Ending Balance$1,078,159

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