Rhinebeck Aerodrome Museum

Analysis

Rhinebeck Aerodrome Museum is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in September 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rhinebeck Aerodrome Museum reported income of $2.0m and spending of $1.1m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $776k to $2.0m (+161%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 227%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhinebeck Aerodrome Museum sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Rv-Mh Heritage Foundation Inc ($2.0m), Metro Theater Company ($2.0m) and Estrella Warbirds Museum Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $81k (7.3% of expenses). Other salaries and wages came to $217k. At year end it held assets of $6.7m against liabilities of $246k, net assets of $6.5m. It reported 54 employees.