Southern Arizona Watercolor Guild Inc
- Assets
- $131.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 04/1981
- Data as of
- 05/2024
- EIN
- 86-0911124
Organization Overview
Southern Arizona Watercolor Guild Inc is located in Tucson, AZ. The organization was established in 1981. 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. Southern Arizona Watercolor Guild 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 05/2024, Southern Arizona Watercolor Guild Inc generated $116.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $107.4k during the year ending 05/2024. While expenses have increased by 2.9% 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
2024
Describe the Organization's Program Activity:
Part 3
THE SOUTHERN ARIZONA WATERCOLOR GUILD CELEBRATED ITS 50TH ANNIVERSARY THIS YEAR. THE GUILD BEGAN IN 1967 WITH TEN STUDENTS OF TUCSON ARTIST GERRY PEIRCE. SAWG IS ONE OF THE FOUNDING LEADERS OF THE WESTERN FEDERATION OF WATERCOLOR SOCIETIES AND WILL HOST THEIR 43RD EXHIBITION AND DELEGATE CONFERENCE IN 2018 HERE IN TUCSON. SAWG HAS PROVIDED EDUCATIONAL AND CULTURAL BENEFITS TO ITS 350 MEMBERS WITH FOUR PREMIER ARTIST WORKSHOPS, MINI-WORKSHOPS, PAINT-OUTS, AND MEETINGS FOR MEMBERSHIP INFORMATION AND EXCHANGE OF IDEAS; A GALLERY TO DISPLAY MEMBER ARTWORK BOTH ON A JURIED AND NON-JURIED BASIS; SCHOLARSHIPS OF OVER $100,000, THIS YEAR TOTALING NEARLY $6,000 FOR 7 HIGH SCHOOL SENIORS GOING ON TO ART CAREERS THROUGH COLLEGE STUDIES. SAWG ACCEPTS DONATIONS IN THE FORM OF BEQUESTS AND GIFTS TO FURTHER OUR EDUCATIONAL AND CULTURAL PROGRAMS CONSISTENT WITH OUR NON-PROFIT STATUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Sullivan Past President | 3 | $0 | |
Tracy Lynn Ross Vp-Shows | 5 | $0 | |
Ray Goodrow Treasurer | 5 | $0 | |
Karen Brungardt Vp-Programs | 5 | $0 | |
Sandy Walker Director | 1 | $0 | |
Sue Mahon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,041 |
| Total Program Service Revenue | $57,010 |
| Membership dues | $13,025 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,416 |
| Other Revenue | $11,700 |
| Total Revenue | $116,442 |
| 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 | $1,556 |
| Occupancy, rent, utilities, and maintenance | $26,028 |
| Printing, publications, postage, and shipping | $66 |
| Other expenses | $79,754 |
| Total expenses | $107,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,059 |
| Other assets | $0 |
| Total assets | $131,258 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,258 |