Watercolor Society Of Oregon
- Assets
- $112.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/1977
- Data as of
- 12/2023
- EIN
- 51-0157380
Organization Overview
Watercolor Society Of Oregon is located in Portland, OR. The organization was established in 1977. 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. Watercolor Society Of Oregon is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Watercolor Society Of Oregon generated $84.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $92.1k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EXHIBITIONS, CONVENTIONS AND WORKSHOPS TO SHOWCASE ACTIVE MEMBERS' WORK AND TO PROVIDE EDUCATIONAL OPPORTUNITIES IN THE CREATION AND APPRECIATION OF VISUAL ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Holt President | 8 | $0 | |
Becky Meier V.p./pres Elect | 8 | $0 | |
Nancy Fraser Treasurer | 8 | $0 | |
Amanda James Secretary | 8 | $0 | |
Rebecca Sentgeorge Past President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25 |
| Total Program Service Revenue | $61,712 |
| Membership dues | $22,085 |
| Investment income | $649 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,471 |
| 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 | $1,829 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $23,635 |
| Other expenses | $65,095 |
| Total expenses | $92,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,416 |
| Other assets | $0 |
| Total assets | $112,416 |
| Total liabilities | $35 |
| Net assets or fund balances | $112,381 |