Nonprofit · EIN 35-1598145
WATERCOLOR SOCIETY OF INDIANA INC
Tax-exempt · INDIANAPOLIS, IN 46202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $86,971 | $79,173 | $7,798 | $770,602 | $1,833 | $768,769 |
| December 31, 2024 | 990 | $80,598 | $63,721 | $16,877 | $709,684 | $3,210 | $706,474 |
| December 31, 2023 | 990 | $60,101 | $59,818 | $283 | $664,897 | $2,691 | $662,206 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $45,769
- Membership dues
- $13,380
- Program service revenue
- $0
- Investment income
- $40,022
- Net income from fundraising events
- $1,180
- Other revenue
- $1,180
Expenses
- Grants and similar amounts paid
- $3,000
- Compensation of officers, directors and key employees
- $44,121
- Salaries, compensation and benefits (total)
- $44,121
- Professional fundraising fees
- $0
- Accounting fees
- $1,875
- Occupancy
- $7,205
- Program services (functional)
- $79,173
Balance sheet and other
- Total assets, start of year
- $709,684
- Total assets, end of year
- $770,602
- Total liabilities, end of year
- $1,833
- Net assets, end of year
- $768,769
- Publicly traded securities
- $730,399
- Net assets without donor restrictions
- $768,769
- Gross unrelated business income
- $1,180
- Gross receipts
- $120,471
- Employees
- 0
- Year formed
- 1983
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERESA ALTEMEYER | CHAIRPERSON Trustee or director | 1 | $0 |
| DEBI BLACK | CHAIRPERSON Trustee or director | 1 | $0 |
| KAREN FEHR | CHAIRPERSON Trustee or director | 1 | $0 |
| RACHEL LATTIMORE | CHAIRPERSON Trustee or director | 1 | $0 |
| JOHN OCONNOR | CHAIRPERSON Trustee or director | 1 | $0 |
| BRENDA PETTIGREW | CHAIRPERSON Trustee or director | 1 | $0 |
| SHIRLEY WOOLARD | CHAIRPERSON Trustee or director | 1 | $0 |
| SHERYL THURSTON | CHAIRPERSON Trustee or director | 1 | $0 |
| MARCIA RELLER | CHAIRPERSON Trustee or director | 1 | $0 |
| NANCY RAIRDON | CHAIRPERSON Trustee or director | 1 | $0 |
| AMY PASKO-BLACKWELL | CHAIRPERSON Trustee or director | 1 | $0 |
| TIM LEWIS | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MARY JANE KEYS | CHAIRPERSON Trustee or director | 1 | $0 |
| SANDY HALL | CHAIRPERSON Trustee or director | 1 | $0 |
| SUSAN SEMENICK | CHAIRPERSON Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAT SHAURETTE | SECRETARY Trustee or director | 3 | $0 |
| AGGIE SWEENEY | CHAIRPERSON Trustee or director | 1 | $0 |
| SUSAN VOIGT | CHAIRPERSON Trustee or director | 1 | $0 |
| JENNIFER AIKEN | CHAIRPERSON Trustee or director | 1 | $0 |
| ANN COLE ROSE | CHAIRPERSON Trustee or director | 1 | $0 |
| BENJI CRAIG | CHAIRPERSON Trustee or director | 1 | $0 |
| LIZABETH MARKS-SHEPARD | CHAIRPERSON Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERESA ALTEMEYER | CHAIRPERSON Trustee or director | 1 | $0 |
| DEBI BLACK | CHAIRPERSON Trustee or director | 1 | $0 |
| KAREN FEHR | CHAIRPERSON Trustee or director | 1 | $0 |
| RACHEL LATTIMORE | CHAIRPERSON Trustee or director | 1 | $0 |
| JOHN OCONNOR | CHAIRPERSON Trustee or director | 1 | $0 |
| BRENDA PETTIGREW | CHAIRPERSON Trustee or director | 1 | $0 |
| SHIRLEY WOOLARD | CHAIRPERSON Trustee or director | 1 | $0 |
| SHERYL THURSTON | CHAIRPERSON Trustee or director | 1 | $0 |
| MARCIA RELLER | CHAIRPERSON Trustee or director | 1 | $0 |
| NANCY RAIRDON | CHAIRPERSON Trustee or director | 1 | $0 |
| AMY PASKO-BLACKWELL | CHAIRPERSON Trustee or director | 1 | $0 |
| TIM LEWIS | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MARY JANE KEYS | CHAIRPERSON Trustee or director | 1 | $0 |
| SANDY HALL | CHAIRPERSON Trustee or director | 1 | $0 |
| SUSAN SEMENICK | CHAIRPERSON Trustee or director | 1 | $0 |
| PAT SHAURETTE | SECRETARY Trustee or director | 3 | $0 |
| AGGIE SWEENEY | CHAIRPERSON Trustee or director | 1 | $0 |
| SUSAN VOIGT | CHAIRPERSON Trustee or director | 1 | $0 |
| JENNIFER AIKEN | CHAIRPERSON Trustee or director | 1 | $0 |
| ANN COLE ROSE | CHAIRPERSON Trustee or director | 1 | $0 |
| BENJI CRAIG | CHAIRPERSON Trustee or director | 1 | $0 |
| LIZABETH MARKS-SHEPARD | CHAIRPERSON Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA ROBERTS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $32,240 |
| SHERYL THURSTON | DIRECTOR Trustee or director | 1 | $0 |
| MARCIA RELLER | DIRECTOR Trustee or director | 1 | $0 |
| SHIRLEY WOOLARD | DIRECTOR Trustee or director | 1 | $0 |
| JOHN OCONNOR | DIRECTOR Trustee or director | 1 | $0 |
| BRENDA PETTIGREW | DIRECTOR Trustee or director | 1 | $0 |
| SANDY HALL | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN EDWARDS | DIRECTOR Trustee or director | 1 | $0 |
| MARY JANE KEYS | DIRECTOR Trustee or director | 1 | $0 |
| NANCY RAIRDON | DIRECTOR Trustee or director | 1 | $0 |
| AMY PASKO-BLACKWELL | DIRECTOR Trustee or director | 1 | $0 |
| DEBI BLACK | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL DRIGGS | DIRECTOR Trustee or director | 1 | $0 |
| TERESA ALTEMEYER | DIRECTOR Trustee or director | 1 | $0 |
| KAREN FEHR | DIRECTOR Trustee or director | 1 | $0 |
| DIANE KIEMEYER | DIRECTOR Trustee or director | 1 | $0 |
| BEVERLY MATHIS | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL LATTIMORE | DIRECTOR Trustee or director | 1 | $0 |
| RONDA FISCHER | MEMBER EX CHAIR Trustee or director, Officer | 1 | $0 |
| LINDA TROWBRIDGE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAARTA NEMETH | TREASURER Trustee or director, Officer | 2 | $0 |
| TIM LEWIS | JURIED EX CHAIR Trustee or director, Officer | 1 | $0 |
| JO BLEMONT | SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1125 E BROOKSIDE AVE S55, INDIANAPOLIS, IN 46202-3587
- In care of
- % TANYA ROBERTS
- Signed the 990
- TANYA ROBERTS, EXECUTIVE DIRECTOR
- Phone
- (317) 500-2275
- Return prepared by
- BRAWLEY & ASSOCIATES PC
Mission
THE WATERCOLOR SOCIETY OF INDIANA SEEKS TO EDUCATE INDIANA RESIDENTS ABOUT THE DISCIPLINE OF THE WATERCOLOR MEDIUM THROUGH EXHIBITS, JURIED COMPETITIONS, CLASSES, DISCUSSIONS, DEMONSTRATIONS, OUTREACH PROGRAMS AND COMMUNITY SERVICE.
Program accomplishments
- 2025 PROGRAM SERVICE ACCOMPLISHMENTS TOP 3: JAMES C. LENTZ SCHOLARSHIP TO A HIGH SCHOOL STUDENT FOR COLLEGE. APPROXIMATELY 40 HOURS BY WSI MEMBER VOLUNTEERS TO EVALUATE 25 APPLICATIONS. JURIED EXHIBIT AT NEWFIELDS/IMA REPRESENTING 45 MEMBER ARTISTS WITH CASH PRIZES FOR THE TOP 11 MEMBER ARTISTS. VIRTUAL MEETINGS, QUARTERLY NEWSLETTERS, MAILINGS AND WEBSITE TO EDUCATE, CONNECT, AND SERVE 235 WSI MEMBERS ACROSS THE STATE OF INDIANAExpenses $79,173
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1598145
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A400)
- Assets (IRS master file)
- $770,602
- Income (IRS master file)
- $120,471
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $86,971 | $79,173 | $770,602 | XML |
| 990 | December 2024 | $80,598 | $63,721 | $709,684 | XML |
| 990 | December 2023 | $60,101 | $59,818 | $664,897 | XML |
| 990 | December 2022 | $50,049 | $51,536 | $621,167 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1598145).
Questions about WATERCOLOR SOCIETY OF INDIANA INC
- What is the EIN of WATERCOLOR SOCIETY OF INDIANA INC?
- The employer identification number (EIN) of WATERCOLOR SOCIETY OF INDIANA INC is 35-1598145.
- Is WATERCOLOR SOCIETY OF INDIANA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to WATERCOLOR SOCIETY OF INDIANA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERCOLOR SOCIETY OF INDIANA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERCOLOR SOCIETY OF INDIANA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERCOLOR SOCIETY OF INDIANA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of WATERCOLOR SOCIETY OF INDIANA INC?
- The 990 for the year ended December 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does WATERCOLOR SOCIETY OF INDIANA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $86,971, expenses of $79,173 and total assets of $770,602 at year end.
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