Secac

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To promote the visual arts in higher education

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 20 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $6K a year · 3% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
91% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$15K
to officers and key staff · 6% of spending
Pay to officers and key staff is 6% of spending.
Part VII, Section A
3.7 mo
of spending, in cash
Plus $646K in investments, Pt X · Ln 11–13
3.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$802
0.1% of total assets
Liabilities are 0.1% of assets.
Pt X · Ln 26
Independent board members
26
of 26 voting members
26 of 26 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$309K
+10% vs prior year
Spent
$266K
To programs
91%
Net assets
$727K
By yearFY2020–FY2025
Revenue
$309K
FY2025▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$134K
FY2021$131K
FY2022$222K
FY2023$220K
FY2024$282K
FY2025$309K
Expenses
$266K
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$163K
FY2021$101K
FY2022$205K
FY2023$276K
FY2024$249K
FY2025$266K
Net assets
$727K
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$666K
FY2021$735K
FY2022$634K
FY2023$617K
FY2024$658K
FY2025$727K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $242K Management & general 9% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990; $15K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Conference Director
$15,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Tracy Stonestreet$15,000$16,250

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Secac executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes visual arts education in colleges and universities.

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3 programs · $242K · in their own filed words · FY2025
01

Annual Conference. Provides venue for scholarship, governance, and education.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
$211Kprogram expense
02

Grants (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.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
$27Kprogram expense
03

Publishing the organizations journal and member newsletter.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
$4Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 10 grants · $144K · 2020–2025
Unitemized GrantFY2025$22,192
Unitemized GrantFY2025$4,600
Unitemized GrantFY2024$21,156
Unitemized GrantFY2024$4,800
Unitemized GrantFY2023$19,212
Unitemized GrantFY2023$4,800
Unitemized GrantFY2022$19,636
Unitemized GrantFY2022$9,440
Unitemized GrantFY2021$20,441
Unitemized GrantFY2020$17,577

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$309K
Ln 12
Fees for servicesLn 2g$170K
Gifts and grantsLn 1h$80K
Other incomeLn 4–11$34K
Money outPt IX
$266K
Ln 25
Programscol B$242K
Managementcol C$24K
Owns and owesPt X
$727K
net assets · Ln 32
Cash and savingsLn 1–2$82K
Total assetsLn 16$727K
LiabilitiesLn 26$802
PeoplePt VI, VII
26
listed · VII A
PaidVII A1
Voting boardVI 1a26
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$80K
Fees for servicesLn 2g$170K
Investment incomeLn 3$25K
Other incomeLn 4–11$34K
Gains on assetsLn 7$34K
Total revenueLn 12$309K
Assets in detailPt X, end of year
CashLn 1$82K
Cash and savings togetherLn 1–2$82K
InvestmentsLn 11–13$646K
Total assetsLn 16$727K
LiabilitiesLn 26$802
Net assetsLn 32$727K
OperationsPt I, VI
EmployeesI 51
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$4K
Share of the $373K endowmentSch D 1g1.2%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$373K$355K$331K$334K$345K
AddedLn 1b$25K$80$420$250
SpentLn 1d–1f$27K$26K$23K$27K$20K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$66K$82K
InvestmentsLn 11–13$593K$646K
Total assetsLn 16$659K$727K
LiabilitiesLn 26$931$802
Net assetsLn 32$658K$727K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$27K$27K
Other salaries and wagesLn 7$47K$36K$12K
Payroll taxesLn 10$4K$3K$970
Accounting feesLn 11c$3K$2K$800
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$150$150
Office expensesLn 13$4K$3K$883
Information technologyLn 14$20K$19K$2K
Other expenses (24a–d)Ln 24$155K$152K$3K
All other expensesLn 24e$2K$1K$351
Total functional expensesLn 25$266K$242K$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jul 7, 2026 $309K$266K$43K$727K 990 PDF
FY2024Filed with the IRS Nov 13, 2025 $282K$249K$33K$658K 990 PDF
FY2023Filed with the IRS Aug 19, 2024 $220K$276K−$56K$617K 990 PDF
FY2022Filed with the IRS Sep 6, 2023 $222K$205K$17K$634K 990 PDF
FY2021Filed with the IRS Jul 26, 2022 $131K$101K$30K$735K 990 PDF
FY2020Filed with the IRS Jul 26, 2021 $134K$163K−$30K$666K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $308,923 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $80,560$80,255
I-9 Program service revenuePrior year $152,890$170,002
I-10 Investment incomePrior year $48,403$58,666
I-11 Other revenue$0
I-12 Total revenuePrior year $281,853$308,923
I-13 Grants and similar amounts paidPrior year $25,956$26,792
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $50,450$51,266
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $172,822$187,876
I-18 Total expensesPrior year $249,228$265,934
I-19 Revenue less expensesPrior year $32,625$42,989
Part VI · Governance 26 of 26 board members independent, 4 to look at
VI-1a Voting members of the governing body26
VI-1b Independent voting members26
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $308,923 across 8 lines filed
VIII-1b Membership dues$80,235
VIII-1f All other contributions, gifts and grants$20
VIII-1h Total contributions, gifts and grants$80,255
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $170,002$170,002
VIII-3 Investment incomeRelated to mission $24,845$24,845
VIII-7 Net gain or loss on sales of assetsRelated to mission $33,821$33,821
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $228,668 · Unrelated business $0 · Excluded from tax $0$308,923
Part IX · Statement of functional expenses $265,934 across 10 lines filed
IX-2 Grants to domestic individualsPrograms $26,792$26,792
IX-7 Other salaries and wagesPrograms $35,539 · Management $11,846$47,385
IX-10 Payroll taxesPrograms $2,911 · Management $970$3,881
IX-11c Accounting feesPrograms $2,400 · Management $800$3,200
IX-11f Investment management feesManagement $4,294$4,294
IX-11g Other fees for servicesManagement $150$150
IX-13 Office expensesPrograms $2,650 · Management $883$3,533
IX-14 Information technologyPrograms $18,597 · Management $1,582$20,179
IX-24 Other expenses (24a–d)Programs $152,252 · Management $2,664$154,916
IX-24e All other expensesPrograms $1,253 · Management $351$1,604
IX-25 Total functional expensesPrograms $242,394 · Management $23,540 · Fundraising $0$265,934
Part X · Balance sheet $727,490 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $66,017$81,698
X-11 Publicly traded securitiesStart of year $593,336$645,792
X-16 Total assetsStart of year $659,353$727,490
X-25 Other liabilitiesStart of year $931$802
X-26 Total liabilitiesStart of year $931$802
X-27 Net assets without donor restrictionsStart of year $372,287$419,526
X-28 Net assets with donor restrictionsStart of year $286,135$307,162
X-32 Total net assets or fund balancesStart of year $658,422$726,688
X-33 Total liabilities and net assetsStart of year $659,353$727,490
Part XI · Reconciliation of net assets $726,688 net assets at year end
XI-1 Total revenue$308,923
XI-2 Total expenses$265,934
XI-3 Revenue less expenses$42,989
XI-4 Net assets at start of year$658,422
XI-5 Net unrealized gains (losses) on investments$25,277
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$726,688

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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