Southeast Community Cultural Center Inc

Analysis

Southeast Community Cultural Center Inc is a registered charity in United States, based in East Point, GA. It received its IRS tax-exemption ruling in August 1984, 42 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, Southeast Community Cultural Center Inc reported income of $393k and spending of $369k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $393k (+265%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 131%. Over the whole period it spent 142% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeast Community Cultural Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Hallwalls Inc ($393k), World Stage Theatre ($393k) and Sturgeon Bay Historical Society Foundation Inc ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $17k (4.7% of expenses). Other salaries and wages came to $43k. At year end it held assets of $3.3m against liabilities of $19k, net assets of $3.3m. It reported 3 employees.