Northwest Watercolor Society
- Assets
- $71.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 91-1108332
Organization Overview
Northwest Watercolor Society is located in Bellevue, WA. The organization was established in 0000. 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. Northwest Watercolor Society is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Northwest Watercolor Society generated $132.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $141.0k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 5 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 |
|---|---|---|---|
Peggy Willett Secretary | 6 | $0 | |
Molly Murrah Vice President | 2 | $0 | |
Deborah Roskopf President | 10 | $0 | |
Shirley Jordan Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,084 |
| Total Program Service Revenue | $87,545 |
| Membership dues | $43,787 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,438 |
| 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 | $22,938 |
| Occupancy, rent, utilities, and maintenance | $161 |
| Printing, publications, postage, and shipping | $8,923 |
| Other expenses | $105,970 |
| Total expenses | $140,992 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,980 |
| Other assets | $0 |
| Total assets | $70,980 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,980 |