Dakota Territory Air Museum Inc

Analysis

Dakota Territory Air Museum Inc is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in April 1987, 39 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, Dakota Territory Air Museum Inc reported income of $2.4m and spending of $308k, leaving 87% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $330k to $2.4m (+626%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 584%. 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, Dakota Territory Air Museum Inc 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 87th percentile, and in the 86th percentile within ND. Charities of a similar size with the same main cause include Sbca Foundation and Endowment ($2.4m), People United for Privacy Foundation ($2.4m) and Jazz Arts Group of Columbus ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $5.8m against liabilities of $2,009, net assets of $5.8m. It reported 9 employees.