Golden Age Air Museum

Analysis

Golden Age Air Museum is a registered charity in United States, based in Bethel, PA. It received its IRS tax-exemption ruling in May 1998, 28 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, Golden Age Air Museum reported income of $303k and spending of $106k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $303k (+200%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Age Air Museum sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Gammelgarden Museum of Scandia ($303k), Shopspace Inc ($303k) and Bessemer Historical Society Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. At year end it held assets of $1.3m against liabilities of $789, net assets of $1.3m.