Sigma Kappa Sorority is located in Carmel, IN. The organization was established in 1943. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sigma Kappa Sorority is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Sigma Kappa Sorority generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $57.6k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $13,991 |
Membership dues | $41,249 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $55,240 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $770 |
Occupancy, rent, utilities, and maintenance | $14,257 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,620 |
Total expenses | $57,647 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,936 |
Other assets | $0 |
Total assets | $20,412 |
Total liabilities | $0 |
Net assets or fund balances | $20,412 |