Utah Watercolor Society
- Assets
- $181.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bountiful, UT
- Founding
- 04/1976
- Data as of
- 05/2023
- EIN
- 51-0188230
Organization Overview
Utah Watercolor Society is located in Bountiful, UT. The organization was established in 1976. 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. Utah Watercolor Society 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 05/2023, Utah Watercolor Society generated $49.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $56.6k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE HAD TEN MONTHLY MEETINGS THAT WERE IN PERSON AND ALSO PROVIDED TO THOSE WHO WANTED TO PARTICIPATE OVER ZOOM. WE HAD A 4-DAY LONG PLEIN AIR PAINTING EVENT IN CAPITOL REEF NATIONAL PARK. WE HAD TWO 5-DAY WORKSHOPS TAUGHT BY NATIONALLY RECOGNIZED ARTISTS, STAN MILLER AND MATTHEW BIRD, AND THREE MINI TWO OR THREE-DAY WORKSHOPS TAUGHT BY KRISTI GRUSSENDORF, CINDY BRIGGS AND BECKY HARTVIGSEN. WE HAD THREE JURIED EXHIBITIONS. A MEMBER CRITIQUE WITH TOM HOWARD AND SHERRY MEIDELL. SIX MONTHLY PLEIN AIR PAINT OUT OPPORTUNITIES. WE AWARDED TWO SCHOLARSHIPS TO UTAH HS STUDENTS FROM ENTRIES INTO THE SPRINGVILLE ANNUAL HS SHOW. WE WERE INVOLVED WITH THE WESTERN FEDERATION WATERCOLOR SOCIETIES ANNUAL EXHIBITION AND WORKSHOP EVENT. AWARDED NEW UWS SIGNATURE MEMBERS, AND TWO-STAR MEMBERS. WE DID PROMOTIONS THROUGH USE OF SOCIAL MEDIA: UWS WEBPAGE, FACEBOOK, INSTAGRAM, AND UTILIZED THE UWS WEBPAGE AND CONSTANT CONTACT EBLASTS TO COMMUNICATE NOTIFICATIONS ABOUT MEETINGS, WORKSHOPS, EXHIBITIONS, PAINT-OUTS AND OTHER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Galt Recording Se | 5 | $0 | |
Melody Greenlief President | 10 | $0 | |
Becky Hartvigsen Vice Preside | 5 | $0 | |
Cynthia Hepworth Secretary/tr | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,569 |
| Total Program Service Revenue | $32,856 |
| Membership dues | $0 |
| Investment income | $433 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,858 |
| 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 | $2,323 |
| Occupancy, rent, utilities, and maintenance | $4,432 |
| Printing, publications, postage, and shipping | $273 |
| Other expenses | $48,415 |
| Total expenses | $56,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,731 |
| Other assets | $0 |
| Total assets | $181,731 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,731 |