National Museum of World War II Aviation Inc

Analysis

National Museum of World War II Aviation Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Museum of World War II Aviation Inc reported income of $1.6m and spending of $1.1m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $941k to $1.6m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Museum of World War II Aviation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Birmingham Bloomfield Art Center Inc ($1.6m), DC Youth Orchestra Program ($1.6m) and International Studio & Curatorialprogram Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $70k (6.5% of expenses). Other salaries and wages came to $85k. At year end it held assets of $10.3m against liabilities of $3.4m, net assets of $6.9m. It reported 12 employees.