Abstract We present a study of the magnetic behavior of two isomeric derivatives of the photomagnetic Fe(II) complex, Fe(stpy)4(NCSe)2 (stpy = 4-styrylpyridine, either all-trans or all-cis), whose magnetic state depends on the conformation of the photoisomer stpy ligands, and hence can exhibit the so-called ligand-driven light-induced spin-change (LD-LISC) effect. We compare the results of SQUID magnetization measurements on microcrystalline powder samples with those from UV–vis magnetic circular dichroism (MCD) measurements of the complexes in dilutely doped polymer thin films over a broad range of magnetic field (0–8 T) and temperature (5–220 K). For the all-cis complex, which is high-spin (S = 2) over the whole temperature range investigated, we have measured the field and temperature dependence of the MCD signal including the saturation regime where information concerning the magnetic environment of the Fe(II) core can be gained. In contrast, the all-trans complex possesses a high-spin ↔ low-spin crossover, which is observed in the microcrystalline powder SQUID measurements with a transition temperature of T1/2 ∼ 163 K. We show that the temperature-dependent MCD signal also allows observation of this spin crossover for complexes in dilutely doped polymer thin films. The behavior of the MCD signal indicates a significantly lower temperature range for the SCO transition in the polymer host in comparison to the microcrystalline environment due to changes in intermolecular interactions, which has a significant impact on the operating temperature range for the LD-LISC effect. The results demonstrate that the MCD technique is a valuable tool for probing the magnetic state of LD-LISC complexes in dilute randomly-oriented molecular samples, with the use of optical techniques in principle allowing the extension to time-resolved studies of photomagnetic switching down to the excited-state time scale.