Spirit of St Louis Air Show

Analysis

Spirit of St Louis Air Show is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Spirit of St Louis Air Show reported income of $553k and spending of $439k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $553k (-54%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 218949%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spirit of St Louis Air Show sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include All Austin Cooperative Nursery School ($553k), Young Aspirations-Young Artists Inc ($553k) and Jackson County Community Services Consortium Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. At year end it held assets of $1.6m against liabilities of $363k, net assets of $1.2m.