Thanks, guys. Kinda figured it was unburned fuel, but wanted others input. I was questioning if it has something to do with 91 octane + Seafoam used as a stabilizer in stored gas...
I spray down the engine every Fall. Oil never gets black. Carb never rebuilt & it runs great.
Air Filter gets dirty easy and I take it out and bang the dirt a few times a year.
Think I'll replace the air filter, then the spark plug, (as they're needed anyway...) then clean the carb.
EDIT: Pulled the plug and there's a lot of black carbon inside...