Samsat

Analysis

Samsat is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 2016, 10 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, Samsat reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $1.6m (+261%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Samsat sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Little Theatre on the Square Inc ($1.6m), Santa Barbara Historical Museum ($1.6m) and Sandy Spring Museum Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $417k. At year end it held assets of $2.3m against liabilities of $25k, net assets of $2.3m.