Watercolor Society Of Indiana Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 54,751 | 56,271 | −1,520 | 75.0 | — |
| 2012 | 99,019 | 62,164 | 36,855 | 84.6 | — |
| 2013 | 51,960 | 60,690 | −8,730 | 102.8 | 42% |
| 2014 | 80,045 | 64,391 | 15,654 | 99.8 | 40% |
| 2015 | 59,168 | 66,768 | −7,600 | 90.5 | 45% |
| 2016 | 90,638 | 69,973 | 20,665 | 92.9 | 44% |
| 2017 | 57,952 | 83,099 | −25,147 | 86.0 | 34% |
| 2018 | 157,839 | 87,774 | 70,065 | 66.3 | 35% |
| 2019 | 74,148 | 78,632 | −4,484 | 86.8 | 40% |
| 2020 | 14,123 | 54,365 | −40,242 | 130.4 | 59% |
| 2021 | 25,484 | 49,359 | −23,875 | 169.8 | 61% |
| 2022 | 50,049 | 51,536 | −1,487 | 143.9 | 58% |
| 2023 | 60,101 | 59,818 | 283 | 132.8 | 54% |
In its most recent public year (2023), this organization brought in $283 more than it spent. Its reserves stood at about 132.8 months of spending, up from 75 in 2011. Staff pay was 54% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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