Overview
What is Watercolor Society Of Indiana Inc?
The Watercolor Society of Indiana Inc, located in Indianapolis, Indiana, is a nonprofit organization dedicated to fostering an appreciation for the watercolor medium among Indiana residents. They accomplish this through various means, such as exhibits, juried competitions, educational classes, discussions, and demonstrations. Their outreach programs and community service initiatives further engage the community with this artistic discipline. In 2022, their notable achievements include offering a scholarship to a high school student for college, hosting a juried exhibit with cash prizes, and providing resources and connections to their 235 members across the state through virtual meetings, newsletters, and their website.
Official website here: www.watercolorsocietyofindiana.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Watercolor Society of Indiana Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The overall score is derived solely from the Accountability & Finance beacon, which reflects the organization's commitment to transparency and responsible financial practices.
Strengths of the organization include a fully independent board with 100% of its 24 members lacking any conflicts of interest, demonstrating strong governance. Additionally, the society has no material diversion of assets, an excellent liabilities to assets ratio of 0.47%, and has allocated all of its expenses to its programs, showcasing efficient use of funds. The organization also maintains transparency by documenting board meeting minutes and including its website on the tax form.
Despite its strong performance in governance and finance, the focus on just one beacon score means that aspects like impact and program effectiveness are not evaluated in this rating. Nevertheless, the Watercolor Society of Indiana Inc shows a solid operational foundation, which could be appealing to potential donors looking for trustworthy organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Watercolor Society Of Indiana Inc legitimate?
Watercolor Society Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watercolor Society Of Indiana Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $29,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.watercolorsocietyofindiana.org
What is the mission statement of Watercolor Society Of Indiana Inc?
The Watercolor Society of Indiana aims to educate residents of Indiana about the art of watercolor through various means. This includes organizing exhibits, juried competitions, classes, discussions, demonstrations, outreach programs, and community service. Their mission is achieved by providing opportunities for learning and engagement with the watercolor medium, encouraging creativity and skill development among artists. In addition, they offer scholarships, evaluate applications, and host exhibits with cash prizes for top artists. The society also communicates with its members through virtual meetings, newsletters, mailings, and a website, fostering a sense of connection and community across the state.
Official website here: www.watercolorsocietyofindiana.org
Who is the CEO of Watercolor Society Of Indiana Inc?
Tanya Roberts is the Executive Director of Watercolor Society Of Indiana Inc.
Official website here: www.watercolorsocietyofindiana.org
What is the revenue of Watercolor Society Of Indiana Inc?
Watercolor Society Of Indiana Inc's revenue in 2022 was $50,049.
Official website here: www.watercolorsocietyofindiana.org
Who are the executives of Watercolor Society Of Indiana Inc and what are their salaries?
There 150 volunteers at Watercolor Society Of Indiana Inc.
Here are 24 key members and their salaries:
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Official website here: www.watercolorsocietyofindiana.org
Where can I find the form 990 for Watercolor Society Of Indiana Inc?
Watercolor Society Of Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watercolorsocietyofindiana.org
Learn more at the official website: www.watercolorsocietyofindiana.org
Mission Statement of Watercolor Society Of Indiana Inc
The Watercolor Society of Indiana, as an organization, aims to educate Indiana residents about the art of watercolor painting. They accomplish this mission through various means, including exhibits, juried competitions, classes, discussions, demonstrations, outreach programs, and community service. The society seeks to engage and serve its members, numbering around 235 individuals spread across the state, through quarterly newsletters, virtual meetings, and a well-maintained website. Furthermore, the Watercolor Society of Indiana provides opportunities for personal growth and recognition to its members, such as offering a scholarship to a high school student for further education in the field and hosting a juried exhibit, awarding cash prizes to the top performing artists among its 45 member artists.
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Impact
August, 2024
The Watercolor Society of Indiana Inc's impact can be seen through its dedication to educating Indiana residents about the watercolor medium. By organizing exhibits, juried competitions, classes, discussions, demonstrations, outreach programs, and community service initiatives, the society is actively fostering a greater appreciation for watercolor art among its members and the broader community. Some key accomplishments in 2022 include awarding the James C. Lentz Scholarship to a high school student, hosting a juried exhibit at Newfields/IMA featuring member artists, and providing virtual meetings, newsletters, and website resources to connect and serve its 235 members across the state. This organization's efforts are instrumental in promoting the arts and nurturing creative talent in Indiana.
This information is meant to be a general summary of Watercolor Society Of Indiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23,420
- Gross Receipts: $72,397
Assets and Liabilities:
- Total Assets: $621,167
- Total Liabilities: $2,957
- Net Assets: $618,210
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Organization Details
Founding Year
1983
Principal Officer
Tanya Roberts
Main Address
4181 EAST 96TH STREET, INDIANAPOLIS, IN, 46240
NTEE Category
Code: A400 - Arts
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