Airborne and Special Operations Museum Foundation Inc

Analysis

Airborne and Special Operations Museum Foundation Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in August 1993, 33 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 September 2023, Airborne and Special Operations Museum Foundation Inc reported income of $1.0m and spending of $698k, leaving 30% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.4m to $1.0m (-58%), an average of -19% a year. The sharpest change came in the year to September 2022, when income rose by 373%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Airborne and Special Operations Museum Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Rocky Mountain Public Media Qalicb Inc ($1.0m), Cinnabar Arts Corporation ($1.0m) and Des Moines Film Society ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 5.2% of the total. Other salaries and wages came to $303k. At year end it held assets of $6.5m against liabilities of $208k, net assets of $6.3m. It reported 16 employees.