Nonprofit · EIN 99-0754684
WATERMARK ARTS INC
Tax-exempt · RED HOOK, NY 12571
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $4,761 | $5,000 | -$239 | $3,129 | – | $3,129 |
| December 31, 2024 | 990-EZ | $10,953 | $7,585 | $3,368 | $3,368 | – | $3,368 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Investment income
- $4,761
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $5,000
- Program services (functional)
- $5,000
Balance sheet and other
- Total assets, start of year
- $3,368
- Total assets, end of year
- $3,129
- Total liabilities, end of year
- –
- Net assets, end of year
- $3,129
- Cash, savings and investments
- $3,129
- Gross receipts
- $4,761
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE COLANDREA | PRES | 0 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE COLANDREA | PRES | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 375 ACADEMY HILL RD, RED HOOK, NY 12571-4510
- In care of
- % ELAINE COLANDREA
- Signed the 990-EZ
- ELAINE COLANDREA, PRES
- Phone
- (845) 758-4143
- Return prepared by
- JACOB E HALPERN CPA
Mission
SUPPORT THE ACTIVITIES OF ARTISTS AND SOMATIC PRACTITIONERS WITH AGOAL OF OROMOTING AN ARTS MOVEMENT BASED IN EMBODIMENT AND SOMATIC AWARENESS BECAUSE THERSE ARE ESSENTIAL ASPECTS OF CREATING A MORE HUMANE,HEALTHY AND PEACEFUL WORLD.
Program accomplishments
- SUPPORT THE ACTIVITIES OF ARTISTS AND SOMATIC PRACTITIONERSExpenses $5,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | No data |
IRS record
- EIN
- 99-0754684
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $3,129
- Income (IRS master file)
- $4,761
Filing history
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about WATERMARK ARTS INC
- What is the EIN of WATERMARK ARTS INC?
- The employer identification number (EIN) of WATERMARK ARTS INC is 99-0754684.
- Is WATERMARK ARTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to WATERMARK ARTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERMARK ARTS INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of WATERMARK ARTS 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 WATERMARK ARTS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of WATERMARK ARTS INC?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does WATERMARK ARTS INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $4,761, expenses of $5,000 and total assets of $3,129 at year end.
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