Mission
To educate the public about watercolor art.
Public Charity
New Mexico Watercolor Society
Based in Albuquerque, NM, New Mexico Watercolor Society operates as a Public Charity. The organization reported $52K in revenue, $56K in expenses, $526K in total assets for fiscal year 2025.
EIN: 237434944
Albuquerque, NM
Art Museums
NTEE: A51
Latest filing: 2025
Total Revenue$52K
Total Expenses$56K
Total Assets$526K
Grant Records0
Filing Years2021–2025
Where $100 goes at New Mexico Watercolor Society
How New Mexico Watercolor Society divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$78
Programs
the work itself
$22
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $78 for programs
$78
Shows, workshops, and demonstrations held to educate the public on significance of watercolors as an importnt and creative painting medium
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
President
Arian Pregenzer
Treasurer
Jay Leutwyler
Member at Large
John Cormier
Southern Chapter President
Karen Steinburg
Membership Chair
Linda H Harding
Member at Large
Lonnie Shan
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $52K | $56K | $526K |
| 2024 | $49K | $52K | $515K |
| 2023 | $44K | $45K | $533K |
| 2022 | $105K | $93K | $495K |
| 2021 | $36K | $28K | $485K |
Between 2021 and 2025, reported annual revenue grew from $36K to $52K (+47%), with total assets most recently reported at $526K.
Interactive year-over-year charts and full filing details available with membership.