Florida Watercolor Society Inc
- Assets
- $459.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 12/1974
- Data as of
- 12/2023
- EIN
- 23-7410596
Organization Overview
Florida Watercolor Society Inc is located in Gainesville, FL. The organization was established in 1974. 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. Florida 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 12/2023, Florida Watercolor Society Inc generated $149.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $117.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 5 years. 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 |
|---|---|---|---|
Jacqueline Molsick 2023 President | 10 | $0 | |
Nina Tarnuzzer 2023 Treasurer | 10 | $0 | |
Roberta Romeo 2023 First Vice President | 10 | $0 | |
Katherine Leathers 2023 Second Vice President | 10 | $0 | |
Kathy Durdin 2023 Director Of Operations | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,164 |
| Total Program Service Revenue | $89,176 |
| Membership dues | $35,628 |
| Investment income | $7,728 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,696 |
| 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 | $13,491 |
| Occupancy, rent, utilities, and maintenance | $6,075 |
| Printing, publications, postage, and shipping | $10,209 |
| Other expenses | $87,191 |
| Total expenses | $116,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $452,476 |
| Other assets | $0 |
| Total assets | $459,351 |
| Total liabilities | $0 |
| Net assets or fund balances | $459,351 |