Aktion	Zweigstelle	Standorte	Status	Frist	Vorbestellungen
Vorbestellen	Zweigstelle: 17., Hormayrg. 2	Standorte: CD.09 If / 70er	Status: Verfügbar	Frist:	Vorbestellungen: 0

Waterfall is the fourth album released for the American market by the English jazz rock band If. It was first issued in 1972 and reached #195 on the Billboard Pop Albums Chart.[2]

It is a rearranged version of If 4, containing two tracks, "Paint Your Pictures" and "Cast No Shadows", in substitution of "You in Your Small Corner" and "Svenska Soma", which had been released on IF 4. The original recording line-up was modified to include two new members, Cliff Davies and Dave Wintour, who filled the drum and bass chairs in substitution of Dennis Elliott and Jim Richardson, respectively.

The album was recorded in London at Command Studios in February and at Morgan Studios in July 1972.