Saint Louis Art Fair

Analysis

Saint Louis Art Fair is a registered charity in United States, based in Clayton, MO. It received its IRS tax-exemption ruling in January 1994, 32 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, Saint Louis Art Fair reported income of $738k and spending of $742k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $738k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saint Louis Art Fair sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Friends of the Drexel ($738k), Shoreline Historical Museum ($738k) and Opera House Arts ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $114k (15% of expenses). Other salaries and wages came to $58k. At year end it held assets of $375k against liabilities of $107k, net assets of $267k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.