Stafford Air & Space Museum Foundation

Analysis

Stafford Air & Space Museum Foundation is a registered charity in United States, based in Weatherford, OK. It received its IRS tax-exemption ruling in March 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, Stafford Air & Space Museum Foundation reported income of $3.1m and spending of $1.1m, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.1m (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 481%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stafford Air & Space Museum Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Asia-Northwest Cultural Education Association ($3.1m), Municipal Art Society of New York ($3.1m) and Quad City Symphony Orchestra Association ($3.1m).

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 $72k. At year end it held assets of $5.4m against liabilities of $24k, net assets of $5.4m. It reported 1 employees.