Transparent Watercolor Society of America
Nonprofit profile at a glance
- EIN
- 411280595
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025
- Location
- Oconomowoc, WI, USA
- Phone
- 2626527384
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $123,859
- Expenses
- $99,785
- Assets
- $295,520
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- CARLOTTA MILLER (President)
- MAUREEN HOLCOMB (Vice President)
People named in this filing
- JULIE SKODA (Director)
- LINDA MARASCO (Pres. Emeritus)
- PATRICIA RODELL (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance the stature of transparent watercolor as a major artist medium.
What it reported doing in 2025
Sponsorship of annual juried exhibition, publish newsletters and catalog, and offer transparent watercolor workshops.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 100
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.1%; rating input score 36
- Program expense ratio: 44.8%; rating input score 45
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 19.4%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 2.96; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 36.1% of revenue deployed · 44.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $45K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.