Niagara Frontier Watercolor Society Inc
- Assets
- $30.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Amherst, NY
- Founding
- 03/2007
- Data as of
- 08/2022
- EIN
- 20-5429483
Organization Overview
Niagara Frontier Watercolor Society Inc is located in East Amherst, NY. The organization was established in 2007. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Niagara Frontier Watercolor 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, Niagara Frontier Watercolor Society Inc generated $12.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $20.7k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WORKSHOP SERIES WHERE ARTISTS WITH DIVERSE BACKGROUNDS GIVE DEMONSTRATIONS TO MEMBERS AND THE PUBLIC TO ADVANCE THE ART OF WATERCOLOR PAINTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Oreilly Board Member | 1 | $0 | |
Marilyn Drnevich Secretary | 2 | $0 | |
Pamela Pollock Board Member | 1 | $0 | |
Jennifer Koury Board Member | 1 | $0 | |
Debra Meier Vice-President | 2 | $0 | |
Sue Dewey Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13 |
| Total Program Service Revenue | $3,865 |
| Membership dues | $8,190 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $384 |
| Total Revenue | $12,452 |
| 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 | $3,875 |
| Occupancy, rent, utilities, and maintenance | $2,500 |
| Printing, publications, postage, and shipping | $1,189 |
| Other expenses | $13,146 |
| Total expenses | $20,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,366 |
| Other assets | $0 |
| Total assets | $30,300 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,300 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Niagara Frontier Watercolor Society Inc has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |
Marquis Studios Ltd Brooklyn, NY | $2,435,475 | $3,259,805 |