Stephenson Stellar Corporation

Analysis

Stephenson Stellar Corporation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stephenson Stellar Corporation reported income of $8.8m and spending of $9.1m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $8.8m (+75%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 98%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stephenson Stellar Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Elife Sciences Publications Ltd ($8.8m), LA Jolla Music Society ($8.8m) and Wings Over the Rockies Air & Space Museum ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (16% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $4.4m against liabilities of $1.3m, net assets of $3.1m. It reported 44 employees.