American Air Museum in Britain

Analysis

American Air Museum in Britain is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1984, 42 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, American Air Museum in Britain reported income of $2.6m and spending of $2.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.6m (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Air Museum in Britain 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 71st percentile within DC. Charities of a similar size with the same main cause include Upper Cumberland Broadcast Council ($2.6m), Eugene Symphony Association Inc ($2.6m) and International Society for Computational Biology Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $197k (8.3% of expenses). It paid $842k in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $1.1m, net assets of $2.1m. It reported 3 employees.