The Baltimore Watercolor Society Inc
- Assets
- $81.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, MD
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 52-1164539
Organization Overview
The Baltimore Watercolor Society Inc is located in Dayton, MD. The organization was established in 1984. 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. Baltimore 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 12/2021, Baltimore Watercolor Society Inc generated $57.5k 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 $56.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) 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
2021
Describe the Organization's Program Activity:
Part 3
SEE NOTE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Rimpo Treasurer | 12 | $0 | |
Deborah Cohan Secretary | 3 | $0 | |
Sharon Morrel President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $43,319 |
| Membership dues | $13,990 |
| Investment income | $132 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $100 |
| Total Revenue | $57,541 |
| 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 | $6,981 |
| Occupancy, rent, utilities, and maintenance | $250 |
| Printing, publications, postage, and shipping | $815 |
| Other expenses | $47,912 |
| Total expenses | $55,958 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,624 |
| Other assets | $0 |
| Total assets | $81,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,150 |
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