Idaho Watercolar Society Inc
- Assets
- $130.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 10/1981
- Data as of
- 08/2022
- 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 08/2022, Idaho Watercolar Society Inc generated $27.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $27.3k during the year ending 08/2022. While expenses have increased by 7.5% 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 |
|---|---|---|---|
Don Belts Vice President | 3 | $0 | |
Carol Browning President | 3 | $0 | |
Carol Spoor Treasurer | 3 | $0 | |
Nancy Inaba Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $607 |
| Total Program Service Revenue | $16,745 |
| Membership dues | $9,679 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,067 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,307 |
| Other expenses | $23,633 |
| Total expenses | $27,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,119 |
| Other assets | $0 |
| Total assets | $130,269 |
| Total liabilities | $2,070 |
| Net assets or fund balances | $128,199 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Idaho Watercolar Society Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Jeker Family Trust Boise, ID PURPOSE: SEE STATEMENT 12, PART (1) | $10,000 |
Jeker Family Trust Boise, ID PURPOSE: SEE STATEMENT 12, PART (1) | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Gage Academy Of Art Seattle, WA | $3,068,571 | $2,623,877 |
Pratt Fine Arts Center Seattle, WA | $7,081,159 | $1,908,130 |
Art Association Of Jackson Hole Jackson, WY | $1,265,273 | $1,643,063 |
Woodworth Family Foundation Tacoma, WA | $16,382,874 | $3,452,473 |
Samuel H French Iii And Katherine Weaver French Fund Las Vegas, NV | $10,532,990 | $916,663 |
Pottery Northwest Seattle, WA | $1,169,498 | $523,661 |
Craft Lake City Salt Lake City, UT | $319,746 | $884,315 |
Hatch Bozeman, MT | $195,495 | $644,273 |
Salt Lake Art Center Salt Lake City, UT | $960,001 | $630,886 |
Oregon Society Of Artists Portland, OR | $357,338 | $646,733 |
Bainbridge Arts & Crafts Inc Bainbridge Island, WA | $908,274 | $485,325 |