2nd Star Productions Inc

Analysis

2nd Star Productions Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in December 2000, 26 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 June 2023, 2nd Star Productions Inc reported income of $131k and spending of $105k, spending 80% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $9,287 to $131k (+1306%), an average of +1306% a year. The sharpest change came in the year to June 2023, when income rose by 1306%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 2nd Star Productions Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include The Wisconsin Alliance of Artists and Craftspeople Inc ($131k), Lao Iu Mien Culture Association Inc ($131k) and Kainaat Studios Inc ($131k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. At year end it held assets of $105k against liabilities of $28k, net assets of $78k.