Seminole Cultural Arts Theatre Inc

Analysis

Seminole Cultural Arts Theatre Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in April 1998, 28 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 Theatre Inc reported income of $97k and spending of $78k, spending 80% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $234k to $97k (-58%), an average of -25% a year. The sharpest change came in the year to September 2021, when income dropped by 76%. 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, Seminole Cultural Arts Theatre Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Irish American Society of County Will ($97k), Colorado Freedom Memorial Foundation ($97k) and Advice to the Players ($97k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.