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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000891554-98-000457.txt : 19980424
<SEC-HEADER>0000891554-98-000457.hdr.sgml : 19980424
ACCESSION NUMBER:		0000891554-98-000457
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980422
SROS:			NASD
GROUP MEMBERS:		WYNNEFIELD PARTNERS SMALL CAP VALUE LP
GROUP MEMBERS:		WYNNEFIELD PARTNERS SMALL CAP VALUE. L.P.
GROUP MEMBERS:		WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD.

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STUART ENTERTAINMENT INC
		CENTRAL INDEX KEY:			0000355142
		STANDARD INDUSTRIAL CLASSIFICATION:	GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
		IRS NUMBER:				840402207
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		
		SEC FILE NUMBER:	005-33904
		FILM NUMBER:		98598557

	BUSINESS ADDRESS:	
		STREET 1:		3211 NEBRASKA AVE
		CITY:			COUNCIL BLUFFS
		STATE:			IA
		ZIP:			51501
		BUSINESS PHONE:		7123231488

	MAIL ADDRESS:	
		STREET 1:		3211 NEBRASKA AVENUE
		CITY:			COUNCIL BLUFFS
		STATE:			IA
		ZIP:			51501

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BINGO KING CO INC
		DATE OF NAME CHANGE:	19910725

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WYNNEFIELD PARTNERS SMALL CAP VALUE LP
		CENTRAL INDEX KEY:			0000899083
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				133688497
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		ONE PENN PLAZA
		STREET 2:		SUITE 4720
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10119
		BUSINESS PHONE:		2127600814

	MAIL ADDRESS:	
		STREET 1:		ONE PENN PLAZA
		STREET 2:		SUITE 4720
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10119
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<DESCRIPTION>SCHEDULE 13G
<TEXT>


<TABLE>

                                                 SECURITIES AND EXCHANGE COMMISSION
                                                       Washington, D. C. 20549
                                                            SCHEDULE 13G
                                              Under the Securities Exchange Act of 1934
                                                      (Amendment No. ________)

                                                     Stuart Entertainment, Inc.
                                                          (Name of Issuer)

                                               Common Stock, Par Value $.01 Per Share
                                                   (Title of Class of Securities)

                                                              863689105
                                                (CUSIP Number of Class of Securities)

                                                           April 14, 1998
                                       (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ]  Rule 13d-1(b)       [X]  Rule 13d-1(c)              [ ]  Rule 13d-1(d)

                                                         CUSIP NO. 863689105

- ------------------------------------------------------------------------------------------------------------------------------------
1)   Name and I.R.S. Identification No. of Reporting Person (entities only)

     Wynnefield Partners Small Cap Value, L.P. 13-3688497

- ------------------------------------------------------------------------------------------------------------------------------------
2)   Check the Appropriate Box if a Member of a Group (See Instructions)

     (a) ___________________________________________________________________________________________________________________________

     (b) X- Reporting Person is affiliated with other reporting persons (see pages 2 and 3)

- ------------------------------------------------------------------------------------------------------------------------------------

3)   SEC USE ONLY __________________________________________________________________________________________________________________

- ------------------------------------------------------------------------------------------------------------------------------------

4)  Citizenship or Place of Organization    Delaware

- ------------------------------------------------------------------------------------------------------------------------------------

<S>                          <C>
 NUMBER OF SHARES
 BENEFICIALLY OWNED
 BY EACH REPORTING           (5)  Sole Voting Power 289,224
 PERSON WITH                 -------------------------------------------------------------------------------------------------------
                                                                                                                          
                             (6)  Shared Voting Power ______________________________________________________________________________
                                                                                                                          
                             -------------------------------------------------------------------------------------------------------

                             (7)  Sole Dispositive Power 289,224

                             -------------------------------------------------------------------------------------------------------

                             (8)  Shared Dispositive Power _________________________________________________________________________
- ------------------------------------------------------------------------------------------------------------------------------------

9) Aggregate Amount Beneficially Owned By Each Reporting Person 289,224 shares

- ------------------------------------------------------------------------------------------------------------------------------------

10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_| (See  Instructions)

- ------------------------------------------------------------------------------------------------------------------------------------

11) Percent of Class Represented by Amount in Row (9)  4.17

- ------------------------------------------------------------------------------------------------------------------------------------

12) Type of Reporting Person (See Instructions)  PN

- ------------------------------------------------------------------------------------------------------------------------------------

                                                        (Page 1 of 5 Pages)
</TABLE>

<PAGE>

<TABLE>

                                                 SECURITIES AND EXCHANGE COMMISSION
                                                       Washington, D. C. 20549
                                                            SCHEDULE 13G
                                              Under the Securities Exchange Act of 1934
                                                      (Amendment No. ________)

                                                     Stuart Entertainment, Inc.
                                                          (Name of Issuer)

                                               Common Stock, Par Value $.01 Per Share
                                                   (Title of Class of Securities)

                                                              863689105
                                                (CUSIP Number of Class of Securities)

                                                           April 14, 1998
                                       (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ]  Rule 13d-1(b)       [X]  Rule 13d-1(c)              [ ]  Rule 13d-1(d)

                                                         CUSIP NO. 863689105

- ------------------------------------------------------------------------------------------------------------------------------------
1)   Name and I.R.S. Identification No. of Reporting Person (entities only)

     Wynnefield Partners Small Cap Value, L.P.-I 13-3953291

- ------------------------------------------------------------------------------------------------------------------------------------
2)   Check the Appropriate Box if a Member of a Group (See Instructions)

     (a) ___________________________________________________________________________________________________________________________

     (b) X- Reporting Person is affiliated with other reporting persons (see pages 1 and 3)

- ------------------------------------------------------------------------------------------------------------------------------------

3)   SEC USE ONLY __________________________________________________________________________________________________________________

- ------------------------------------------------------------------------------------------------------------------------------------

4)  Citizenship or Place of Organization    Delaware

- ------------------------------------------------------------------------------------------------------------------------------------

<S>                          <C>
 NUMBER OF SHARES
 BENEFICIALLY OWNED
 BY EACH REPORTING           (5)  Sole Voting Power 246,376
 PERSON WITH                 -------------------------------------------------------------------------------------------------------
                                                                                                                          
                             (6)  Shared Voting Power ______________________________________________________________________________
                                                                                                                          
                             -------------------------------------------------------------------------------------------------------

                             (7)  Sole Dispositive Power 246,376

                             -------------------------------------------------------------------------------------------------------

                             (8)  Shared Dispositive Power _________________________________________________________________________
- ------------------------------------------------------------------------------------------------------------------------------------

9) Aggregate Amount Beneficially Owned By Each Reporting Person 246,376 shares

- ------------------------------------------------------------------------------------------------------------------------------------

10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_| (See  Instructions)

- ------------------------------------------------------------------------------------------------------------------------------------

11) Percent of Class Represented by Amount in Row (9)  3.55

- ------------------------------------------------------------------------------------------------------------------------------------

12) Type of Reporting Person (See Instructions)  PN

- ------------------------------------------------------------------------------------------------------------------------------------

                                                        (Page 2 of 5 Pages)
</TABLE>

<PAGE>

<TABLE>

                                                 SECURITIES AND EXCHANGE COMMISSION
                                                       Washington, D. C. 20549
                                                            SCHEDULE 13G
                                              Under the Securities Exchange Act of 1934
                                                      (Amendment No. ________)

                                                     Stuart Entertainment, Inc.
                                                          (Name of Issuer)

                                               Common Stock, Par Value $.01 Per Share
                                                   (Title of Class of Securities)

                                                              863689105
                                                (CUSIP Number of Class of Securities)

                                                           April 14, 1998
                                       (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ]  Rule 13d-1(b)       [X]  Rule 13d-1(c)              [ ]  Rule 13d-1(d)

                                                         CUSIP NO. 863689105

- ------------------------------------------------------------------------------------------------------------------------------------
1)   Name and I.R.S. Identification No. of Reporting Person (entities only)

     Wynnefield Small Cap Value Offshore Fund, Ltd.

- ------------------------------------------------------------------------------------------------------------------------------------
2)   Check the Appropriate Box if a Member of a Group (See Instructions)

     (a) ___________________________________________________________________________________________________________________________

     (b) X- Reporting Person is affiliated with other reporting persons (see pages 1 and 2)

- ------------------------------------------------------------------------------------------------------------------------------------

3)   SEC USE ONLY __________________________________________________________________________________________________________________

- ------------------------------------------------------------------------------------------------------------------------------------

4)  Citizenship or Place of Organization    Cayman Islands

- ------------------------------------------------------------------------------------------------------------------------------------

<S>                          <C>
 NUMBER OF SHARES
 BENEFICIALLY OWNED
 BY EACH REPORTING           (5)  Sole Voting Power 133,900
 PERSON WITH                 -------------------------------------------------------------------------------------------------------
                                                                                                                          
                             (6)  Shared Voting Power ______________________________________________________________________________
                                                                                                                          
                             -------------------------------------------------------------------------------------------------------

                             (7)  Sole Dispositive Power 133,900

                             -------------------------------------------------------------------------------------------------------

                             (8)  Shared Dispositive Power _________________________________________________________________________
- ------------------------------------------------------------------------------------------------------------------------------------

9) Aggregate Amount Beneficially Owned By Each Reporting Person 133,900 shares

- ------------------------------------------------------------------------------------------------------------------------------------

10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_| (See  Instructions)

- ------------------------------------------------------------------------------------------------------------------------------------

11) Percent of Class Represented by Amount in Row (9)  1.93

- ------------------------------------------------------------------------------------------------------------------------------------

12) Type of Reporting Person (See Instructions)  CO

- ------------------------------------------------------------------------------------------------------------------------------------

                                                        (Page 3 of 5 Pages)
</TABLE>

<PAGE>

Item 1(a).  Name of Issuer:   Stuart Entertainment, Inc.

Item 1(b).  Address of Issuer's principal Executive Offices:

            3211 Nebraska Avenue, Council Bluffs, Iowa  51501


Item 2(a).  Name of Person Filing:

            Wynnefield Partners Small Cap Value, L.P.



Item 2(b).  Address of Principal Business Office or, if none, Residence:

            One Penn Plaza, Suite 4720, New York, N.Y. 10119


Item 2(c).  Citizenship:  Delaware


Item 2(d).  Title of Class of Securities:

            Common Stock, par value $.01 per share


Item 2(e).  CUSIP Number:  863689105


Item 3.     If this statement is filed pursuant to ss. 240.13d-1(c), 
            check this box |X|.


Item 4.     Ownership:

       (a)  Amount beneficially owned by all reporting persons: 669,500 shares

       (b)  Percent of class: 9.66

       (c)  Number of shares as to which the persons have:

           (i)   sole power to vote or to direct the vote 669,500

           (ii)  shared power to vote or to direct the vote --

           (iii) sole power to dispose or to direct the disposition of 669,500

           (iv)  shared power to dispose or to direct the disposition of --


Item 5.     Ownership of Five Percent or Less of a Class.


            Not applicable.


Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

            Not applicable.


Item 7.     Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on By the Parent Holding Company.

            Not applicable.

                               (Page 4 of 5 Pages)

<PAGE>

Item 8.     Identification and Classification of Members of the Group.

            None of the reporting persons who have filed this schedule is a
            person described in clause (ii) of ss. 240.13d-1(b)(1).


Item 9.     Notice of Dissolution of Group.

            Not applicable.


Item 10.    Certifications.

            By signing below I certify that, to the best of my knowledge and
            belief, the securities referred to above were not acquired and are
            not held for the purpose of or with the effect of changing or 
            influencing the control of the issuer of the securities and were not
            acquired and are not held in connection or as a participant in any 
            transaction having that purpose or effect.

Dated:      April 21, 1998


                          WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
                          WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. - I

                               By: WYNNEFIELD CAPITAL MANAGEMENT, LLC


                                   By: /s/ Robert Melnick
                                       -----------------------------------------
                                       Robert Melnick, Managing Member



                          WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.

                               By: Wynnefield Capital, Inc.

                                   By: /s/ Robert Melnick
                                       -----------------------------------------
                                       Robert Melnick, Vice President



                               (Page 5 of 5 Pages)

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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