South East Texas Arts Council Inc

Analysis

South East Texas Arts Council Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in April 1975, 51 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 September 2023, South East Texas Arts Council Inc reported income of $184k and spending of $200k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $197k to $184k (-6.7%), an average of -1.7% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South East Texas Arts Council Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Orlando Community Arts Inc ($184k), Writers Bloc Presents ($184k) and Mercy for Humanity Inc ($184k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $50k (25% of expenses). Other salaries and wages came to $32k. At year end it held assets of $38k against liabilities of $805, net assets of $37k. It reported 2 employees.