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AMERICAN WATERCOLOR SOCIETY INC

NEW YORK, NY · EIN 135658159 · Form 990 · FY2024 · NTEE A45Z · Arts, Culture & Humanities · Small ($100K-$1M)
revenue
$292K
expenses
$304K
net assets
$1.3M
employees
3
program ratio
71%
mission · from form 990

TO FOSTER THE ADVANCEMENT OF THE ART OF WATERCOLOR PAINTING.

profile · synthesized from sources

AMERICAN WATERCOLOR SOCIETY INC is a nonprofit organization based in New York dedicated to advancing the art of watercolor painting. The organization supports artists through exhibitions, educational initiatives, and community engagement activities centered on watercolor as a medium. Its programs aim to promote appreciation and mastery of watercolor techniques among artists and the public.

named programs · 2 · from sources

What they call their work

Annual Exhibition
Hosts a juried exhibition showcasing contemporary watercolor works by artists from across the country
Workshops and Demonstrations
Offers educational sessions led by professional watercolor artists to enhance technical skills and artistic development
activities · 1 group

What they do

  • Art Appreciation and Public Engagement 1 activity
    • Advancing watercolor painting through organizational programs and services
      Provides programs and services aimed at advancing the art of watercolor painting, including exhibitions, educational initiatives, and artist support.
financials · form 990 · fy2024
revenue
Total revenue$292K
Contributions & grants$135K46%
Program service revenue$86K29%
Investment income$72K25%
Other revenue$0
expenses
Total expenses$304K
Program expenses71%
Admin / overhead26%
Fundraising3%
Salaries & benefits$77K
Grants paid out$4K
Largest expense lineCompensation
balance sheet
Total assets$1.35M
Cash$46K
Investments$1.28M
Liabilities$47K
Net assets$1.30M
Liquid reserves52.2 mo
6 years on record · 2019–2024 · YoY revenue -2.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CHARITY VINCE EXECUTIVE DIRECTOR 40 $60K
board members · 8
  • ANTONIO MASI — PRESIDENT
  • CAROL MCDERMOTT — VICE-PRESIDENT
  • FREDERICK GRAFF — BOARD MEMBER
  • JOEL POPADICS — VP/TREASURER
  • NADINE CHARLSEN — BOARD MEMBER
  • SUSAN HOPE FOGEL — BOARD MEMBER
  • SUSAN WEINTRAUB — BOARD MEMBER
  • TERESA CROMWELL — SECRETARY
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Artistic Promotion and Development
    methodology: artistic_promotion
    By fostering the development and promotion of watercolor painting, we advance its recognition and status as a fine art form, because visibility and institutional support are critical to cultural legitimization.