Sesame Flyers International Inc

Analysis

Sesame Flyers International Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sesame Flyers International Inc reported income of $3.5m and spending of $4.2m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.5m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sesame Flyers International Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Young Concert Artists Inc ($3.5m), Legacy Senior Communities Inc ($3.5m) and Mississippi Arts and Entertainment Center ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $539k against liabilities of $1.2m, net assets of -$692k. It reported 65 employees.