Seminole Cultural Arts Council

Analysis

Seminole Cultural Arts Council is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in July 1995, 31 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, Seminole Cultural Arts Council reported income of $52k and spending of $71k, spending 136% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $63k to $52k (-17%), an average of -17% a year. The sharpest change came in the year to September 2023, when income dropped by 17%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seminole Cultural Arts Council sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include James Monroe Memorial Foundation ($52k), North American Deer Farmers Assoc Cervid Livestock Foundation ($52k) and Anchor Arts Management Inc ($52k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.