Watercolor Society of Indiana INC
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Educates Indiana residents about watercolor through exhibits, classes, and community outreach. For fiscal year 2025 it reported $87K in revenue, $79K in expenses, and $769K in net assets.Pt I
Summary of the Filing
Where the work happens
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.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Tanya Roberts’s $32K as Executive Director is at the 88th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Tanya Roberts | $32,240 | $29,720 | — | — |
| Nancy Mullens | — | — | — | $32,200 |
| Tanya Roberts | — | — | $24,640 | — |
| Kathleen McAllen | — | — | $5,468 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 100% | — | — |
| Overhead ratio | 0% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 8% | — | — |
| Investment management fee ratio | 1% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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