San Diego Watercolor Society is located in San Diego, CA. The organization was established in 1978. 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. San Diego Watercolor 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 09/2022, San Diego Watercolor Society generated $279.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $303.1k during the year ending 09/2022. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE RECOGNIZED LEADER IN EXPANDING THE APPRECIATION OF AND INVOLVEMENT IN WATERMEDIA PAINTING THROUGH MEMBER INSTRUCTION, EXHIBITION, COMMUNITY EDUCATION AND PROMOTION IN SAN DIEGO COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED NUMEROUS WORKSHOPS, WATERCOLOR DEMONSTRATIONS AND EXHIBITIONS DURING THE YEAR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marilyn Miles Secretary | Officer | 10 | $0 |
Scott Trimlett Vice President | Officer | 2 | $0 |
Mary Wood Treasurer | Officer | 10 | $0 |
Nell Bartlett President | Officer | 10 | $0 |
Susan Hewitt Director | Trustee | 2 | $0 |
Bev Tuzin Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $51,503 |
Fundraising events | $2,089 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $85,363 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $138,955 |
Total Program Service Revenue | $78,178 |
Investment income | $2,223 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $60,274 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $279,630 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $46,420 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $5,289 |
Office expenses | $6,645 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $87,103 |
Travel | $5,725 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,345 |
Insurance | $3,853 |
All other expenses | $40,681 |
Total functional expenses | $303,095 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,815 |
Savings and temporary cash investments | $88,692 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,195 |
Net Land, buildings, and equipment | $75,833 |
Investments—publicly traded securities | $0 |
Investments—other securities | $354,325 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,073 |
Total assets | $584,933 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,168 |
Total liabilities | $5,168 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $579,765 |
Total liabilities and net assets/fund balances | $584,933 |
Over the last fiscal year, we have identified 2 grants that San Diego Watercolor Society has recieved totaling $15,162.
Awarding Organization | Amount |
---|---|
Conrad Prebys Foundation San Diego, CA PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $162 |
Organization Name | Assets | Revenue |
---|---|---|
Creative Visions Foundation Malibu, CA | $2,694,700 | $10,872,980 |
Glaziers Architectural Metal & Glass Workers Local Union 1399 Hea Covina, CA | $12,022,551 | $5,262,157 |
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Elderheart Inc Sisters, OR | $6,200,437 | $6,066,501 |
Social And Public Art Resource Center Venice, CA | $5,398,489 | $1,298,270 |
Modern Quilt Guild Inc Los Angeles, CA | $471,322 | $1,206,669 |
Catchlight San Francisco, CA | $2,559,579 | $3,095,707 |
Self-Help Graphics And Arts Inc Los Angeles, CA | $7,358,688 | $2,282,621 |
California Anime Foundation Granada Hills, CA | $325,204 | $1,412,708 |
Bay Area Glass Institute Inc San Jose, CA | $1,447,752 | $1,103,523 |
Hui Noeau Makawao, HI | $6,399,050 | $1,181,820 |
American Society Of Media Photographers Inc San Francisco, CA | $534,568 | $1,162,030 |