Seymour Area Arts Council

Analysis

Seymour Area Arts Council is a registered charity in United States, based in Seymour, MO. It received its IRS tax-exemption ruling in June 2005, 21 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, Seymour Area Arts Council reported income of $125k and spending of $34k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $125k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 28% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seymour Area Arts Council sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Lakeland Symphony Society Inc ($125k), Eastern Oregon Regional Theater Inc ($125k) and Vistas Lifelong Learning Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. At year end it held assets of $496k against liabilities of $0, net assets of $496k.