Civic Intelligence

Southeastern College Art Conference

990 • Fiscal year 2021 • EIN 56-1062475

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 25, 2022

Organization Profilewww.secacart.org
PO Box 25240Philadelphia, PA 19119

(856) 441-2004

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

0.01x

Higher debt load relative to revenue than 42% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

66th percentile

23%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

51st percentile

10%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

-1.9%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$736,793

Up $67,810 (+10%) from 2020

Net Assets

Up

$735,193

Up $68,835 (+10%) from 2020

Liabilities

Down

$1,600

Down $1,025 (-39%) from 2020

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin66th percentile

Revenue

Down

$131,328

Down $2,537 (-1.9%) from 2020

Expenses

Down

$101,119

Down $62,291 (-38%) from 2020

Net Income

Up

$30,209

Up $59,754 (+202%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $183,163Liabilities 2011: $3,119Net Assets 2011: $180,0442011Assets 2012: $222,796Liabilities 2012: $1,481Net Assets 2012: $221,3152012Assets 2013: $373,174Liabilities 2013: $2,414Net Assets 2013: $370,7602013Assets 2014: $387,444Liabilities 2014: $3,388Net Assets 2014: $384,0562014Assets 2015: $402,698Liabilities 2015: $3,627Net Assets 2015: $399,0712015Assets 2016: $425,428Liabilities 2016: $3,602Net Assets 2016: $421,8262016Assets 2017: $458,822Liabilities 2017: $1,990Net Assets 2017: $456,8322017Assets 2018: $563,408Liabilities 2018: $1,396Net Assets 2018: $562,0122018Assets 2019: $665,232Liabilities 2019: $2,574Net Assets 2019: $662,6582019Assets 2020: $668,983Liabilities 2020: $2,625Net Assets 2020: $666,3582020Assets 2021: $736,793Liabilities 2021: $1,600Net Assets 2021: $735,1932021Assets 2022: $636,189Liabilities 2022: $2,312Net Assets 2022: $633,8772022Assets 2023: $617,646Liabilities 2023: $972Net Assets 2023: $616,6742023Assets 2024: $659,353Liabilities 2024: $931Net Assets 2024: $658,4222024

Highlighted filing

2021

Assets$736,793
Liabilities$1,600
Net Assets$735,193
Open 2021 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $146,5392011Revenue 2012: $160,132Expenses 2012: $127,118Net Income 2012: $33,0142012Revenue 2013: $302,818Expenses 2013: $162,689Net Income 2013: $140,1292013Revenue 2014: $170,812Expenses 2014: $157,516Net Income 2014: $13,2962014Revenue 2015: $180,748Expenses 2015: $165,733Net Income 2015: $15,0152015Revenue 2016: $196,536Expenses 2016: $175,358Net Income 2016: $21,1782016Revenue 2017: $165,847Expenses 2017: $159,459Net Income 2017: $6,3882017Revenue 2018: $337,619Expenses 2018: $205,895Net Income 2018: $131,7242018Revenue 2019: $229,938Expenses 2019: $188,851Net Income 2019: $41,0872019Revenue 2020: $133,865Expenses 2020: $163,410Net Income 2020: -$29,5452020Revenue 2021: $131,328Expenses 2021: $101,119Net Income 2021: $30,2092021Revenue 2022: $222,406Expenses 2022: $205,082Net Income 2022: $17,3242022Revenue 2023: $219,836Expenses 2023: $275,655Net Income 2023: -$55,8192023Revenue 2024: $281,853Expenses 2024: $249,228Net Income 2024: $32,6252024

Highlighted filing

2021

Revenue$131,328
Expenses$101,119
Net Income$30,209
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 25, 2022
Return Version
2021v4.2
Gross Receipts
$196,238
Mission and Program Overview

Mission

To promote the visual arts in higher education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$613,788$716,102▲ $102,314
Savings and Temporary Cash Investments$40,338$20,424▼ $19,914
Cash and Non-Interest-Bearing Accounts$14,594$267▼ $14,327
Land, Buildings, and Equipment, Net$263--
Total Assets$668,983$736,793▲ $67,810
Liabilities
Other Liabilities$2,625$1,600▼ $1,025
Total Liabilities$2,625$1,600▼ $1,025
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$403,243$435,916▲ $32,673
Net Assets With Donor Restrictions$263,115$299,277▲ $36,162
Total Net Assets Fund Balance$666,358$735,193▲ $68,835
Total Liabilities and Net Assets / Fund Balance$668,983$736,793▲ $67,810

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,571$4,571

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$326,246$18,106▲ $39,146-$363,057
2020$322,041$840▲ $14,942-$326,246
2019$264,354$52,201▲ $17,809-$322,041
2018$131,564$133,455▲ $4,335-$264,354
2017$130,057-▲ $6,507-$131,564
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Greg ShelnuttFellowship Committee Chair
Sandra ReedPast President
Lawrence JenkensPresident
Carly Phinizy1st Vice President
Michael Borowski2nd Vice-President
Kerr HoustonConference Director
Rob JensenConference Director
Al DenyerDirector
Ann FordDirector
Christina VogelDirector
Claire KovacsDirector
Dennis IchiyamaDirector
Elise SmithDirector
Heather StarkDirector
Jeff SchmukiDirector
Jeff SchwartzDirector
Kathryn D ShieldsDirector
Kevin CatesDirector
Kofi OpokuDirector
Miriam KienleDirector
Rachel StephensDirector
Sarah ArchinoDirector
Tony BinghamDirector
Mysoon RizkArt Inquiries Editor
Sunny SpillaneSecretary
Beth MulvaneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,226
Program Service Revenue
$8,796
Investment Income
$63,306
Other Revenue
$0
All Other Contributions
$19,436
Change in Net Assets
$30,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$41,589
Other Expenses$39,089
Grants and Similar Amounts Paid$20,441
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,655$28,965-$38,620
Grants to Domestic Individuals$20,441--$20,441
Information Technology$7,511--$7,511
Office Expenses$4,386$1,480-$5,866
Fees for Services Other$5,000--$5,000
Fees for Service Investment Mgmnt Fees$4,495--$4,495
All Other Expenses$3,231$1,010-$4,241
Payroll Taxes$742$2,227-$2,969
Fees for Services Accounting$552$1,658-$2,210
Other Expenses$500--$500
Depreciation Depletion$197$65-$262
Total Functional Expenses$65,714$35,405$0$101,119
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$1,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Members are made up of visual art faculty members in higher education.”

Member election for additional members Part VI line 7A

“A link to vote is emailed to all members; a secure ballot is available online. Candidate biographies are included in the ballot.”

Governing body decisions Part VI line 7B

“A link to vote is emailed to all members; a secure ballot is available online. Candidate biographies are included in the ballot.”

Form 990 governing body review Part VI line 11

“An electronic copy of Form 990 is provided to the executive committee for its review prior to filing.”

Governing documents etc available to public Part VI line 19

“Minutes of meetings and similar documents are posted on the organizations website and similar documents are posted on the organizatioins webiste for public access. Form 990 is provided upon request.”

Filing and Contact Details

Filer

Filer Name
Secac
EIN
56-1062475
Address
PO Box 25240, Philadelphia, PA 19119

Signing Officer

Name
Beth Mulvaney
Title
Treasurer
Phone
8564412004
Signed
2022-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Mulvaney
Formed
1942
Legal Domicile
Va
Voting Board Members
24
Independent Board Members
24
Employees
1
Volunteers
24

Preparer

Firm
Houtz CPA LLC
Address
1215 W Baltimore Pike Unit 16, Media, PA 19063
Preparer
David A Houtz CPA CFP MSTFP
Phone
6107172829
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Conference Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt181st Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt192nd Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt20President
IRS990/Form990PartVIISectionAGrp/TitleTxt21Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt22Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt23Fellowship Committee Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt25Treasurer
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IRS990/ProgSrvcAccomActy2Grp/Desc0Grants (Artists Fellowship, established 1981, and Levin Award, established 2014) for the purposes of supporting member artists and art historians, and to encourage individual creative growth, the development of new ideas for exhibitions, publications, and creative projects. Through this program SECAC can more completely serve member artists, art historians, and institutions. Bosch Endowment grants were also provided to 68 student presenters and chairs.
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$736,793
Liabilities
$1,600
Net assets
$735,193
Revenue
$131,328
Expenses
$101,119
Net income
$30,209
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.59$0.01$6.58$2.82$2.49$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.18$0.01$6.17$2.20$2.76$0.56
2022Detailed filing. Detailed filing data is available for this year.$6.36$0.02$6.34$2.22$2.05$0.17
2021Detailed filing. Detailed filing data is available for this year.$7.37$0.02$7.35$1.31$1.01$0.30
2020Detailed filing. Detailed filing data is available for this year.$6.69$0.03$6.66$1.34$1.63$0.30
2019Detailed filing. Detailed filing data is available for this year.$6.65$0.03$6.63$2.30$1.89$0.41
2018Detailed filing. Detailed filing data is available for this year.$5.63$0.01$5.62$3.38$2.06$1.32
2017Detailed filing. Detailed filing data is available for this year.$4.59$0.02$4.57$1.66$1.59$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.25$0.04$4.22$1.97$1.75$0.21
2015Summary only. Only limited summary data is available for this year.$4.03$0.04$3.99$1.81$1.66$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.87$0.03$3.84$1.71$1.58$0.13
2013Detailed filing. Detailed filing data is available for this year.$3.73$0.02$3.71$3.03$1.63$1.40
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.01$2.21$1.60$1.27$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.03$1.80$1.47