Potomac Valley Watercolorists
- Assets
- $32.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 05/2007
- Data as of
- 12/2023
- EIN
- 36-4575536
Organization Overview
Potomac Valley Watercolorists is located in Alexandria, VA. 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. Potomac Valley Watercolorists 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, Potomac Valley Watercolorists generated $43.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $47.7k during the year ending 12/2023. 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 |
|---|---|---|---|
Martha Petroff Program Chair | 1 | $0 | |
Marta Legeckis Program Chair | 1 | $0 | |
Deborah Conn Website/email | 1 | $0 | |
Thom Lowther Vice President | 1 | $0 | |
Noreen Brunini Membership | 1 | $0 | |
Donna Sturm Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $712 |
| Total Program Service Revenue | $37,081 |
| Membership dues | $5,795 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,595 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,250 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $133 |
| Other expenses | $45,783 |
| Total expenses | $47,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,479 |
| Other assets | $0 |
| Total assets | $32,479 |
| Total liabilities | $5,115 |
| Net assets or fund balances | $27,364 |