Sammons Center Endowment Corp

Analysis

Sammons Center Endowment Corp is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Sammons Center Endowment Corp reported income of $89k and spending of $111k, spending 125% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $160k to $89k (-44%), an average of -14% a year. The sharpest change came in the year to August 2023, when income dropped by 37%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sammons Center Endowment Corp sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Trillium Arts ($89k), Encore Musicals of Owensboro Inc ($89k) and Fort Bend Symphony Orchestra ($89k).

At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m.