Idaho Watercolar Society Inc
- Assets
- $123.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 10/1981
- Data as of
- 08/2024
- EIN
- 82-0365236
Organization Overview
Idaho Watercolar Society Inc is located in Boise, ID. The organization was established in 1981. 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. Idaho Watercolar 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 08/2024, Idaho Watercolar Society Inc generated $35.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $39.9k during the year ending 08/2024. While expenses have increased by 17.6% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Hayzlett Treasurer | 3 | $0 | |
Carol Browning President | 3 | $0 | |
Don Belts Vice President | 3 | $0 | |
Nancy Inaba Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $546 |
| Total Program Service Revenue | $19,497 |
| Membership dues | $14,054 |
| Investment income | $1,006 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,103 |
| 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 | $639 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,813 |
| Other expenses | $33,418 |
| Total expenses | $39,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,278 |
| Other assets | $0 |
| Total assets | $123,428 |
| Total liabilities | $3,292 |
| Net assets or fund balances | $120,136 |