American Flight Museum Inc

Analysis

American Flight Museum Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in February 2017, 9 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 Flight Museum Inc reported income of $246k and spending of $248k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $250k to $246k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 86% 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 Flight Museum Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Monterey Peninsula Ballet Theatre Corp ($246k), Compass Rose Studio Theater ($246k) and Teche Center for the Arts ($246k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 13% of the total. At year end it held assets of $1.5m against liabilities of $94k, net assets of $1.4m.