Stuart Air Show Inc

Analysis

Stuart Air Show Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in April 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stuart Air Show Inc reported income of $1.4m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $478k to $1.4m (+185%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stuart Air Show Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include New York Gilbert & Sullivan Players Inc ($1.4m), Population Research Institute Inc ($1.4m) and Denver Theatre District Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 85% of the total. At year end it held assets of $653k against liabilities of $7,885, net assets of $645k.