Organization Finances

Watershed is funded by a variety of individuals, businesses, private foundations and government agency grants, while fundraising events around the country augment the donated and earned income. Watershed's Board of Trustees and Advisors maintain 100% participation in supporting the organization with their monetary gifts.

Watershed Center for the Ceramic Arts is a 501(c)(3) non-profit organization and all donations are tax exempt to the extent allowed by law.



Support and Revenue
Contributions & Grants $319,505
Special Events $50,865
Program Fees $63,978
Other Revenue $3,333
Unrealized Appreciation $6,899
Total Support and Revenue $444,414





Expenses
Fees to Artists $12,593
Program Costs $177,463
General & Administrative $29,484
Fundraising $77,675
Total Expenses $297,215


Depreciation $118,195
Change in Net Assets $147,199
Net Assets as of December 31, 2003 $842,782

Audited financial statements available on request