St Paul Figure Skating Club Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
St. Paul Figure Skating Club promotes and encourages participation in the sport of figure skating. The club offers daily practice sessions, seminars, shows, and competitions for figure skaters. Member skaters are encouraged to achieve the highest test levels and participate in qualifying competitions leading to national and international competitions.
- Income
- $566,574
- Spending
- $608,286
- Spent on programs
- 72%
- Reserves
- 5.4 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 0
- Volunteers
- 100
- Highest pay
- $44,344, board member
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 35% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 5.4 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1572% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 73% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $344,478 spent. Ice and Programs: Ice is purchased for daily training sessions during which private and group lessons are given. Daily sessions allow skaters to work on mastering the skating skills neede to progress in the sport of figure skating.
- $69,406 spent. Competitions: St. Paul FSC held the Basic Skills competition in May 2024 and the National Collegiate Championship in conjunction with the annual Skate St. Paul compeition in July 2024. All were sanctioned events by US Figure Skating.
- $10,581 spent. Shows and Activities: Skaters participate in the St. Paul FSC Annual Spring Skating Show and the Annual Holiday Skating Show. These shows provide the skaters with an opportunity to perform or participate in choreographed individuals and/or groups for families, friends and the community St. Paul FSC also hosts skater events such as Halloween Skate, Skate with Santa, Valentines Skate and Family Skate events.
- Seminars and Camps: Expenses of $7,552 and Revenues of $17,362. St. Paul FSC offers seminars to skaters to concentrate on specific aspects of the sports. This year St. Paul FSC hosted three Rising Stars Camps during the summer and speicial skills seminars through the year. Testing program: Expenses of $4,540 and Revenues of $3,220. Expenses from the testing programs include expense reimbursement for cost of the sessions and test medals awarded at the St. Paul Figure Skating Club Annual Awards Banquet and are partially offset by revenues from the testing program. Annual St. Paul FIgure Skating Club Awards Banquet revenues of $2,466 partially offset the cost of the awards banquet meal and venue.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.