South Dakota Air and Space Foundation Inc

Analysis

South Dakota Air and Space Foundation Inc is a registered charity in United States, based in Box Elder, SD. It received its IRS tax-exemption ruling in June 1982, 44 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 2021, South Dakota Air and Space Foundation Inc reported income of $209k and spending of $164k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2019 to December 2021, income grew from $144k to $209k (+45%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Dakota Air and Space Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within SD. Charities of a similar size with the same main cause include MCM Productions ($209k), Island Breeze Ministries ($209k) and River Raisin Ragtime Revue ($209k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 71% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $44k (27% of expenses). Other salaries and wages came to $24k. At year end it held assets of $128k against liabilities of $1,460, net assets of $126k. It reported 4 employees.