Utah Watercolor Society

Nonprofit profile at a glance

EIN
510188230
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025, Form 990-N 2012
Location
Bountiful, UT, USA
Phone
8012920391
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$53,644
Expenses
$53,844
Assets
$164,844
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MARGO COOK (PRESIDENT)
  • JANA PARKIN (VICE PRESIDENT/PRESIDENT ELECT)

People named in this filing

  • MARGO COOK (PRESIDENT)
  • JANA PARKIN (VICE PRESIDENT/PRESIDENT ELECT)
  • CYNTHIA HEPWORTH (SECRETARY/TREASURER)

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 promote the advancement of the art of painting watercolors, and to hold annual exhibitions of watercolors. Watercolors are defined here as paintings in transparent and/or opaque water media, or unvarnished water soluble media on paper.

What it reported doing in 2025

We had 10 monthly in person meetings. September- opening social with al rounds demonstration. October- demonstration by nationally known artist laurin mccraken, who then presented a three-day workshop. Our fall show was held at visual arts institute. We held our yearly 3-day plein air event in cooperation with entrada arts in the park at capital reef national park. Lester lee was our guest artist.november- lola krummenacher demonstration and 2-day mini workshop.december- annual christmas card painting party, silent auction and opportunity drawing to benefit scholarship fund.january- jeannie millecam demonstration and 2-day mini workshop.february- jana parkin demonstration. Small works show at red butte gardens.march- lester lee demonstration and 2-day mini workshop. Rising star show at alpine art and frame.april- john poon demonstration.may- julie rogers demonstration and 3-day workshop. Spring show at provo library.june- kristi grussendorf demonstration.

Operating model

Revenue model
Earned-program. 61% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.4%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 3.06; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 11.4% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 2% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $54K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.