Aviation Hall of Fame

Analysis

Aviation Hall of Fame is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in June 1971, 55 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, Aviation Hall of Fame reported income of $2.8m and spending of $2.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $617k to $2.8m (+347%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 364%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aviation Hall of Fame sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Friends of the National World War II Memorial Inc ($2.8m), Clyfford Still Museum Foundation ($2.8m) and Foundation for Anime and Niche Subcultures ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $300k. At year end it held assets of $3.5m against liabilities of $80k, net assets of $3.4m. It reported 7 employees.