Champaign Aviation Museum

Analysis

Champaign Aviation Museum is a registered charity in United States, based in Urbana, OH. 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 (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, Champaign Aviation Museum reported income of $664k and spending of $449k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $899k to $664k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Champaign Aviation Museum sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Jean Appolon Expressions Inc ($664k), Cognitive Neuroscience Society ($665k) and Lower Cape Community Access Television Inc ($664k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 1.2% of the total. Other salaries and wages came to $150k. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m. It reported 4 employees.