Southeastern Theatre Conference Inc

Analysis

Southeastern Theatre Conference Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in January 1965, 61 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southeastern Theatre Conference Inc reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.4m (-9.6%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeastern Theatre Conference Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Native Arts and Cultures Foundation Inc ($1.4m), Barcid Foundation ($1.4m) and Van Alen Institute Projects in Public Architecture ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Other salaries and wages came to $390k. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 10 employees.