Army Aviation Museum Foundation Inc

Analysis

Army Aviation Museum Foundation Inc is a registered charity in United States, based in Fort Novosel, AL. It received its IRS tax-exemption ruling in January 1971, 55 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, Army Aviation Museum Foundation Inc reported income of $849k and spending of $343k, leaving 60% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $446k to $849k (+90%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 34%. 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, Army Aviation Museum Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within AL. Charities of a similar size with the same main cause include 3s Contemporary Arts Space Inc ($848k), Somerville Community Access Television Inc ($849k) and Arts Council of Greater Lansing Inc ($848k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% of the total. Other salaries and wages came to $147k. At year end it held assets of $3.3m against liabilities of $20k, net assets of $3.3m. It reported 6 employees.