The Baltimore Watercolor Society Inc
- Assets
- $95.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, MD
- Founding
- 10/1984
- Data as of
- 12/2023
- EIN
- 52-1164539
Organization Overview
The Baltimore Watercolor Society Inc is located in Dayton, MD. The organization was established in 1984. 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. Baltimore 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, Baltimore Watercolor Society Inc generated $86.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $71.6k during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 8 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
PROMOTION OF WATERCOLOR PAINTING VIA EXHIBITS,WORKSHOPS, PROGRAMS,SCHOLARSHIPS,AWARDS AND SMALL DONATIONS TO COMMUNITY NON-PROFIT ART ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Morell President | 25 | $0 | |
Janet Hansen Martinet Secretary | 3 | $0 | |
April Rimpo Treasurer | 15 | $0 | |
Ruth Lampi Membership Recruitment | 1 | $0 | |
Karen Norman Archivist (chair) | 0.5 | $0 | |
David Drown Exhibit Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,638 |
| Total Program Service Revenue | $43,693 |
| Membership dues | $17,565 |
| Investment income | $1,024 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,922 |
| 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 | $15,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,949 |
| Other expenses | $46,207 |
| Total expenses | $71,556 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,412 |
| Other assets | $0 |
| Total assets | $95,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,618 |