Florida Watercolor Society Inc
- Assets
- $426.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 12/1974
- Data as of
- 12/2022
- EIN
- 23-7410596
Organization Overview
Florida Watercolor Society Inc is located in Gainesville, FL. The organization was established in 1974. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Watercolor Society Inc 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, Florida Watercolor Society Inc generated $120.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $106.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Yankwitt President | 10 | $0 | |
Nina Tarnuzzer Treasurer | 10 | $0 | |
Jacqueline Molsick First Vice President | 10 | $0 | |
Katherine Durdin Director Of Operations | 10 | $0 | |
Roberta Romeo Second Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,831 |
| Total Program Service Revenue | $59,887 |
| Membership dues | $43,009 |
| Investment income | $520 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,247 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,145 |
| Occupancy, rent, utilities, and maintenance | $12,672 |
| Printing, publications, postage, and shipping | $10,956 |
| Other expenses | $70,501 |
| Total expenses | $106,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $426,621 |
| Other assets | $0 |
| Total assets | $426,621 |
| Total liabilities | $0 |
| Net assets or fund balances | $426,621 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Watercolor Society Inc has recieved totaling $74.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
Two Red Roses Foundation Inc St Petersburg, FL | $81,826,203 | $5,214,247 |
The Armory Art Center Inc West Palm Beach, FL | $4,340,445 | $2,084,067 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Lighthouse Artcenter Inc Tequesta, FL | $3,825,019 | $2,482,262 |
Robert Craft Igor Stravinsky Foundation boca raton, FL | $11,119,320 | $752,022 |
The Studios Of Key West Inc Key West, FL | $13,984,404 | $3,906,460 |
Palm Beach Photographic Centre Inc West Palm Beach, FL | $1,110,051 | $866,676 |
Bakehouse Art Complex Inc Miami, FL | $1,346,627 | $1,198,887 |
Ann Norton Sculpture Gardens Inc West Palm Beach, FL | $4,892,273 | $1,857,308 |
National Press Photographers Association Inc Athens, GA | $607,292 | $735,008 |