Utah Watercolor Society
- Assets
- $188.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bountiful, UT
- Founding
- 04/1976
- Data as of
- 05/2022
- 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 05/2022, Utah Watercolor Society generated $61.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $57.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
- 10 MONTHLY MEMBER MEETINGS THAT WERE IN PERSON AND ALSO PROVIDE TO THOSE WHO WANTED OVER ZOOM. SEPTEMBER WAS ON CREATIVITY BY BARBARA KIDD AND SHERRY MEIDELL, OCTOBER WAS A DEMO BY NATIONALLY KNOWN ARTIST, ANDY EVANSEN, NOVERMBER WAS PRESENTED BY MANELLE OLIPHANT AN ILLUSTRATOR WHO TALKED ABOUT BRANDING AND ILLUSTRATION, DECEMBER WAS A CHRISTMAS CARD PAINTING AND EXCHANGE, JANUARY WAS A GROUP CRITIQUE BY KRISTI GRUSSENDORF AND SHERRY MEIDELL, FEBRUARY WAS A DEMO BY JERRY FUHRIMAN, MARCH WAS A DEMO BY CARL PURCELL, APRIL WAS A DEMO BY JOYCE BARON, MAY WAS A DEMO BY STAN MILLER, JUNE WAS THE CLOSING SOCIAL. - 3 MONTHLY PLEIN AIR PAINT OUT OPPORTUNITIES - 2 MINI WORKSHOPS VIA ZOOM - 2 FULL WORKSHOPS VIA ZOOM - 2022 SPRING EXHIBITION - 2021 FALL EXHIBITION - 2021 SMALL WORKS EXHIBITION - 2021 ARTS AND THE PARKS EXHIBITION AND PLEIN AIR EVENT IN TORREY, UTAH (IN CONJUNCTION WITH ENTRADA) - AWARDED TWO SCHOLARSHIPS TO UTAH HIGH SCHOOL STUDENTS FROM TEH SPRINGVILLE ANNUAL HIGH SCHOOL SHOW - INVOLVED THE WESTERN FEDERATION WATERCOLOR SOCIETIES ANNUAL EXHIBITION AND WORKSHOP EVENT 9 MEMBERS WON AWARDS. - ENHANCED DIGITAL PROMOTIONS THROUGH USE OF SOCIAL MEDIA: UWS WEBPAGE, FACEBOOK, TWITTER, INSTAGRAM, PINTEREST, WEBPAGE - UTILIZED THE UWS WEBPAGE AND CONSTANT CONTACT EBLASTS TO COMMUNICATE NOTIFICATIONS ABOUT MEETINGS, WORKSHOPS, EXHIBITIONS, PAINT-OUTS AND OTHER EVENTS. - ADDED NEW UWS SIGNATURE MEMNBERS - COMPLETED NOMINATION AND VOTE FOR THE 2022-2023 NEW UWS BOARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Hepworth Treasurer | 10 | $1,620 | |
Sherry Meidell Board Presid | 10 | $0 | |
Melody Greenlief Vice Preside | 10 | $0 | |
Becky Hartvigsen Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,647 |
| Total Program Service Revenue | $45,914 |
| Membership dues | $0 |
| Investment income | $433 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,994 |
| 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 | $2,242 |
| Occupancy, rent, utilities, and maintenance | $3,219 |
| Printing, publications, postage, and shipping | $441 |
| Other expenses | $50,112 |
| Total expenses | $57,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,515 |
| Other assets | $0 |
| Total assets | $188,515 |
| Total liabilities | $0 |
| Net assets or fund balances | $188,515 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Utah Watercolor Society has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Redline Denver, CO | $19,188,382 | $2,483,556 |
National Council On Education For The Ceramic Arts Boulder, CO | $3,277,590 | $1,203,112 |
Cherry Creek Arts Festival Denver, CO | $2,617,133 | $1,539,850 |
Art Association Of Jackson Hole Jackson, WY | $1,265,273 | $1,643,063 |
Foothills Art Center Inc Golden, CO | $2,162,133 | $1,395,944 |
Samuel H French Iii And Katherine Weaver French Fund Las Vegas, NV | $10,532,990 | $916,663 |
Studio Arts Boulder Inc Boulder, CO | $3,831,022 | $2,254,756 |
Craft Lake City Salt Lake City, UT | $319,746 | $884,315 |
The Art Base Basalt, CO | $2,805,955 | $1,249,612 |
Turrell Art Foundation Flagstaff, AZ | $84,539,675 | $27,051,414 |
Downtown Aurora Visual Arts Aurora, CO | $2,225,877 | $774,018 |