Secac FY2020 filing

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To promote the visual arts in higher education

Form 990 Part I, line 1, FY2020. 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.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
4.0 mo
of spending, in cash
Plus $614K in investments, Pt X · Ln 11–13
4.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.4% of total assets
Liabilities are 0.4% of assets.
Pt X · Ln 26
Independent board members
24
of 24 voting members
24 of 24 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$134K
Spent
$163K
To programs
92%
Net assets
$666K
By yearFY2020–FY2025
Revenue
$134K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$134K
FY2021$131K
FY2022$222K
FY2023$220K
FY2024$282K
FY2025$309K
Expenses
$163K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$163K
FY2021$101K
FY2022$205K
FY2023$276K
FY2024$249K
FY2025$266K
Net assets
$666K
FY2020
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 FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

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

92 cents of each dollar spent went to programs.

Program services 92% · $150K Management & general 8% · $14K

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

24 people listed on the 990.

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

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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 · $150K · in their own filed words · FY2020
01

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

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
$117Kprogram 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, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
$18Kprogram expense
03

Publishing the organizations journal and member newsletter.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-1062475) · Dispute this line
$15Kprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$134K
Ln 12
Fees for servicesLn 2g$58K
Gifts and grantsLn 1h$50K
Investment incomeLn 3$19K
Money outPt IX
$163K
Ln 25
Programscol B$150K
Managementcol C$14K
Owns and owesPt X
$666K
net assets · Ln 32
Cash and savingsLn 1–2$55K
Total assetsLn 16$669K
LiabilitiesLn 26$3K
PeoplePt VI, VII
24
listed · VII A
PaidVII A0
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50K
Fees for servicesLn 2g$58K
Investment incomeLn 3$19K
Other incomeLn 4–11$7K
Gains on assetsLn 7$7K
Total revenueLn 12$134K
Assets in detailPt X, end of year
CashLn 1$15K
SavingsLn 2$40K
Cash and savings togetherLn 1–2$55K
Land, buildings, equipmentLn 10c$263
InvestmentsLn 11–13$614K
Total assetsLn 16$669K
LiabilitiesLn 26$3K
Net assetsLn 32$666K
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 $327K endowmentSch D 1g1.1%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$327K$322K$264K$132K$130K
AddedLn 1b$840$52K$133K
SpentLn 1d–1f$12K$12K$5K$5K$5K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$94K$55K
InvestmentsLn 11–13$570K$614K
Land, buildings, equipmentLn 10c$561$263
Total assetsLn 16$665K$669K
LiabilitiesLn 26$3K$3K
Net assetsLn 32$663K$666K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$18K$18K
Other salaries and wagesLn 7$38K$29K$10K
Payroll taxesLn 10$3K$2K$734
Legal feesLn 11b$500$500
Accounting feesLn 11c$2K$2K$571
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$5K$5K
Office expensesLn 13$6K$4K$1K
Information technologyLn 14$7K$7K
TravelLn 17$1K$1K
Depreciation, depletion and amortizationLn 22$298$224$74
Other expenses (24a–d)Ln 24$73K$73K
All other expensesLn 24e$6K$4K$1K
Total functional expensesLn 25$163K$150K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled 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
FY2020 ViewingFiled 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 FY2020 990
Part I · Summary $133,865 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $64,907$49,975
I-9 Program service revenuePrior year $130,392$57,666
I-10 Investment incomePrior year $34,639$26,224
I-11 Other revenue$0
I-12 Total revenuePrior year $229,938$133,865
I-13 Grants and similar amounts paidPrior year $24,003$17,577
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $39,582$41,292
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $125,266$104,541
I-18 Total expensesPrior year $188,851$163,410
I-19 Revenue less expensesPrior year $41,087−$29,545
Part VI · Governance 24 of 24 board members independent, 4 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
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 $133,865 across 7 lines filed
VIII-1b Membership dues$48,340
VIII-1f All other contributions, gifts and grants$1,635
VIII-1h Total contributions, gifts and grants$49,975
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $57,666$57,666
VIII-3 Investment incomeRelated to mission $19,113$19,113
VIII-7 Net gain or loss on sales of assetsRelated to mission $7,111$7,111
VIII-12 Total revenueRelated to mission $83,890 · Unrelated business $0 · Excluded from tax $0$133,865
Part IX · Statement of functional expenses $163,410 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $17,577$17,577
IX-7 Other salaries and wagesPrograms $28,768 · Management $9,590$38,358
IX-10 Payroll taxesPrograms $2,200 · Management $734$2,934
IX-11b Legal feesPrograms $500$500
IX-11c Accounting feesPrograms $1,714 · Management $571$2,285
IX-11f Investment management feesPrograms $3,720$3,720
IX-11g Other fees for servicesPrograms $5,000$5,000
IX-13 Office expensesPrograms $4,183 · Management $1,395$5,578
IX-14 Information technologyPrograms $7,136$7,136
IX-17 TravelPrograms $1,372$1,372
IX-22 Depreciation, depletion and amortizationPrograms $224 · Management $74$298
IX-24 Other expenses (24a–d)Programs $72,781$72,781
IX-24e All other expensesPrograms $4,401 · Management $1,470$5,871
IX-25 Total functional expensesPrograms $149,576 · Management $13,834 · Fundraising $0$163,410
Part X · Balance sheet $668,983 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $13,251$14,594
X-2 Savings and temporary cash investmentsStart of year $81,134$40,338
X-10c Land, buildings and equipment, netStart of year $561$263
X-11 Publicly traded securitiesStart of year $570,286$613,788
X-16 Total assetsStart of year $665,232$668,983
X-25 Other liabilitiesStart of year $2,574$2,625
X-26 Total liabilitiesStart of year $2,574$2,625
X-27 Net assets without donor restrictionsStart of year $399,754$403,243
X-28 Net assets with donor restrictionsStart of year $262,904$263,115
X-32 Total net assets or fund balancesStart of year $662,658$666,358
X-33 Total liabilities and net assetsStart of year $665,232$668,983
Part XI · Reconciliation of net assets $666,358 net assets at year end
XI-1 Total revenue$133,865
XI-2 Total expenses$163,410
XI-3 Revenue less expenses−$29,545
XI-4 Net assets at start of year$662,658
XI-5 Net unrealized gains (losses) on investments$33,245
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$666,358

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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