UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): March 26, 2004


                                SPAR Group, Inc.
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               (Exact Name of Registrant as Specified in Charter)



          Delaware                   0-27824                  33-0684451
          ---------                  --------                 ----------
(State or Other Jurisdiction       (Commission               (IRS Employer
      of Incorporation)             File No.)             Identification No.)


580 White Plains Road, Tarrytown, New York                                 10591
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(Address of Principal Executive Offices)                              (Zip Code)


       Registrant's telephone number, including area code: (914) 332-4100



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          (Former Name or Former Address, if Changed Since Last Report)





Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits.
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(c)        Exhibits:

           99.1   Press Release of the Registrant dated March 26, 2004.


Item 12.   Results of Operations and Financial Condition.
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On March 26, 2004, SPAR Group, Inc. (the "Registrant")  issued the press release
attached  to this  Current  Report on Form 8-K (the  "Report")  as Exhibit  99.1
reporting  its  financial  results for the fiscal year and fourth  quarter ended
December 31, 2003, which is incorporated herein by reference.

The information in this Report, including the exhibit, shall not be deemed to be
"filed" for the purposes of Section 18 of the  Securities  Exchange Act of 1934,
as amended,  or otherwise  subject to the liabilities of that Section.  It shall
not be deemed  incorporated  by reference in any filing under the Securities Act
of 1933,  as  amended,  except  as  shall be  expressly  set  forth by  specific
reference in such a filing.






                                   SIGNATURES
                                   ----------

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                            SPAR GROUP, INC.


Date:    March 26, 2004               By:   /s/ CHARLIE CIMITILE
                                            -----------------------
                                            Charlie Cimitile
                                            Chief Financial Officer





                                  EXHIBIT INDEX
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Exhibit
Number        Description
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99.1          Press Release of the Registrant dated March 26, 2004.