Water Music Society
- Assets
- $52.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seaview, WA
- Founding
- 11/1985
- Data as of
- 12/2019
- EIN
- 91-1296224
Organization Overview
Water Music Society is located in Seaview, WA. The organization was established in 1985. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Water Music 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 12/2019, Water Music Society generated $69.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $59.0k during the year ending 12/2019. While expenses have increased by 1.7% per year over the past 2 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 |
|---|---|---|---|
Darlene Houser Secretary | 3 | $0 | |
Luey Anderson Director | 3 | $0 | |
Nancy Allen Vice President | 3 | $0 | |
Jim Sherman Director | 3 | $0 | |
Diane Marshall President | 3 | $0 | |
Susan Spence Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,745 |
| Total Program Service Revenue | $41,231 |
| Membership dues | $1,250 |
| Investment income | $758 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,560 |
| 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 | $2,060 |
| Occupancy, rent, utilities, and maintenance | $5,099 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $44,639 |
| Total expenses | $58,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,805 |
| Other assets | $0 |
| Total assets | $52,805 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,805 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Water Music Society has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Wyss Foundation Portland, OR PURPOSE: ARTCK. 02848 | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mosier Community School Foundation Inc Mosier, OR | $3,936,713 | $2,235,279 |
Seattle Chamber Music Festival Seattle, WA | $3,300,530 | $1,735,052 |
Washington Music Educators Association Renton, WA | $323,514 | $851,362 |
Seattle Jazzed Seattle, WA | $4,256,285 | $2,089,197 |
Rogue Valley Symphony Association Ashland, OR | $3,828,970 | $1,652,431 |
Music Center Of The Northwest Inc Seattle, WA | $2,802,841 | $1,300,374 |
Spokane American Youth Hockey Club Inc Spokane, WA | $411,285 | $808,966 |
Earshot Jazz Society Of Seattle Seattle, WA | $1,491,052 | $947,117 |
Music Conservatory Of Sandpoint Inc Sandpoint, ID | $1,006,215 | $718,046 |
Acoustic Sound Inc Milton, WA | $517,851 | $803,908 |
Soundview Uniserv Council Lakewood, WA | $662,629 | $619,022 |
Sitka Music Festival Inc Sitka, AK | $4,570,554 | $833,930 |