Seg Foundation

Analysis

Seg Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seg Foundation reported income of $84k and spending of $2.0m, spending 2414% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $84k (-97%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seg Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within OK. Charities of a similar size with the same main cause include Works Com for Forum of the Imp Coachella Val Hi Des & Surr Commun ($84k), Wyuka Historical Foundation ($84k) and Rivertown Film Society Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 718% of the total. At year end it held assets of $21.2m against liabilities of $468k, net assets of $20.8m.