Seguin Art League

Analysis

Seguin Art League is a registered charity in United States, based in Seguin, TX. It received its IRS tax-exemption ruling in March 2002, 24 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 December 2023, Seguin Art League reported income of $102k and spending of $68k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $102k (-1.1%), an average of -1.1% a year. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seguin Art League sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include The Art Center Cooperative Inc ($102k), Malibu Adamson House Foundation ($102k) and Tribeca New Music Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $460k against liabilities of $2,972, net assets of $457k.