Seguinland Institute

Analysis

Seguinland Institute is a registered charity in United States, based in Georgetown, ME. It received its IRS tax-exemption ruling in February 2015, 11 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 August 2022, Seguinland Institute reported income of $302k and spending of $78k, leaving 74% of income unspent that year. Across the 2 years on record, from February 2022 to August 2022, income grew from $268k to $302k (+13%), an average of +13% a year. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seguinland Institute sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 56th percentile within ME. Charities of a similar size with the same main cause include Raven Drum Foundation ($302k), Friends of the Weston Community Inc ($302k) and Broadway and Vine Inc ($302k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $20k (26% of expenses). At year end it held assets of $256k against liabilities of $278, net assets of $255k.