Seacoast Artist Guild of South Carolina Inc

Analysis

Seacoast Artist Guild of South Carolina Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seacoast Artist Guild of South Carolina Inc reported income of $67k and spending of $63k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $67k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seacoast Artist Guild of South Carolina Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within SC. Charities of a similar size with the same main cause include Spokane Preservation Advocates ($67k), Synth Library Portland ($67k) and Grid Books Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.