Eastern States Exposition
Analysis
Eastern States Exposition is a registered charity in United States, based in West Springfield, MA. It received its IRS tax-exemption ruling in October 1940, 86 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Eastern States Exposition reported income of $32.2m and spending of $29.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.1m to $32.2m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 2259%. Over the whole period it spent 89% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eastern States Exposition sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include United States Ski Association ($31.9m), International Tennis Hall of Fame Incorporated ($32.7m) and Brooklyn Bridge Park Corporation ($31.0m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $704k (2.4% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $56.0m against liabilities of $5.4m, net assets of $50.6m. It reported 914 employees.
Income and spending
Where the income comes from
- Program services 98%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United States Ski Association | Park City | $31.9m |
| International Tennis Hall of Fame Incorporated | Newport | $32.7m |
| Brooklyn Bridge Park Corporation | Brooklyn | $31.0m |
| Asphalt Green Inc | New York | $33.6m |