Deep Water Projects Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Deep Water is dedicated to promoting the literary arts in Sullivan County NY and the surrounding area, with a view to building community by fostering engagement with story-telling in all its forms. Hand-in-hand is a passion to promote and support this region as a showcase for compelling arts programming, attracting nternationally acclaimed authors and artists, while simultaneously creating a platform to celebrate the artists and writers who live and work in our midst. Deep Water is committed to the development, expression and promotion of literature and art that reflects the voices and concerns of underrepresented and diverse communities.
- Income
- $81,322
- Spending
- $26,218
- Reserves
- 38.5 months of spending
- Largest source of income
- other income, 56%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $25,672 spent. Deep Water is dedicated to promoting the literary arts in Sullivan County NY and the surrounding area, with a view to building community by fostering engagement with story-telling in all its forms. Hand-in-hand is a passion to promote and support this region as a showcase for compelling arts programming, attracting nternationally acclaimed authors and artists, while simultaneously creating a platform to celebrate the artists and writers who live and work in our midst. Deep Water is committed to the development, expression and promotion of literature and art that reflects the voices and concerns of underrepresented and diverse communities.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2025 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.