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Nonprofit · EIN 92-1660633

THE 43 INSTITUTE

Tax-exempt · KAMAS, UT 84036

Financials

$382K$77K2023$872K$695K2024
Revenue Expenses · by fiscal year end
Financials of THE 43 INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$872,468$694,792$177,676$483,277$720$482,557
December 31, 2023990$381,586$76,705$304,881$307,366$2,485$304,881
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$636,571
Program service revenue
$48,078
Investment income
$0
Royalties
$6,565
Net income from fundraising events
$181,254
Other revenue
$187,819

Expenses

Grants and similar amounts paid
$90,180
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,034
Accounting fees
$3,000
Occupancy
$16,604
Program services (functional)
$631,678
Management and general (functional)
$47,562
Fundraising (functional)
$15,552

Balance sheet and other

Total assets, start of year
$307,366
Total assets, end of year
$483,277
Total liabilities, end of year
$720
Net assets, end of year
$482,557
Land, buildings and equipment
$2,102
Gross receipts
$1,144,334
Employees
0
Volunteers
4
Year formed
2023
State of legal domicile
UT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Lucy BlockPresident/Director
Trustee or director, Officer
20$0
Brian ScottoBoard Member
Trustee or director
4$0
Alastair BinksBoard Member
Trustee or director
4$0
Chad DiNennaBoard Member
Trustee or director
4$0
Chris GunnarsonBoard Member
Trustee or director
4$0
Jen VanDijkBoard Member
Trustee or director
4$0
Jeff PensieroBoard Member
Trustee or director
4$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Lucy BlockPresident
Trustee or director, Officer
2$0
Brian ScottoDirector
Trustee or director
2$0
Chad DiNennaDirector
Trustee or director
2$0
Alastair BinksTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
3016 E BENCH CREEK RD, KAMAS, UT 84036-9691
Principal officer (990 for 2024)
Lucy Block, 1776 Park Ave 4-426, Park City, UT 84060
Signed the 990
Lucy Block, President
Phone
(760) 715-4613
Return prepared by
Squire & Company PC

Mission

Create paths of opportunity for education, training, mentorship and support systems, especially youth and the underprivileged, to encourage their involvement in action sports, business and creative arts by providing grants and emphasizing attributes of success demonstrated by the late Ken Block, all in an effort to foster personal progress and make dreams happen.

990 for the year ended December 31, 2024

Program accomplishments

  • Support system for growth and success in action sports, motorsports, and the creative arts through the following initiatives:(1) Project Brain Bucket: Donating 43 helmets per quarter to youth organizations promoting helmet safety for mental and physical health.(2) 43i Four Pillars: provide grants to other non-profits that support the 43 Institute mission.(3) Provide awards for excellent achievement consistent with the mission of the organization.
    Expenses $631,678 · grants $90,180 · revenue $48,078

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-1660633
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$483,277
Income (IRS master file)
$1,144,334

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$872,468$694,792$483,277XML
990December 2023$381,586$76,705$307,366XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-1660633).

Questions about THE 43 INSTITUTE

What is the EIN of THE 43 INSTITUTE?
The employer identification number (EIN) of THE 43 INSTITUTE is 92-1660633.
Is THE 43 INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to THE 43 INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE 43 INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE 43 INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE 43 INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE 43 INSTITUTE?
The 990 for the year ended December 31, 2024 names Lucy Block.
Who are the officers and directors of THE 43 INSTITUTE?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does THE 43 INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $872,468, expenses of $694,792 and total assets of $483,277 at year end.

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