Southwest Seminars
Analysis
Southwest Seminars is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 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 December 2023, Southwest Seminars reported income of $202k and spending of $193k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $354k to $202k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 322%. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Seminars sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NM. Charities of a similar size with the same main cause include Cultural Arts Coalition Inc ($202k), Quogue Junior Theater Troupe Inc ($202k) and Fred Oldfield Western Heritage and Art Center ($202k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $63k (33% of expenses). At year end it held assets of $65k against liabilities of $0, net assets of $65k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.6%
- Program services 92%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cultural Arts Coalition Inc | Gainesville | $202k |
| Quogue Junior Theater Troupe Inc | Quogue | $202k |
| Fred Oldfield Western Heritage and Art Center | Puyallup | $202k |
| Wellsboro Foundation Inc | Wellsboro | $202k |