Alaska Aviation Heritage Museum

Analysis

Alaska Aviation Heritage Museum is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in August 1979, 47 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, Alaska Aviation Heritage Museum reported income of $936k and spending of $837k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $936k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alaska Aviation Heritage Museum sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within AK. Charities of a similar size with the same main cause include Balboa Island Museum and Historical Society ($936k), Pianosforeducationorg Inc ($936k) and Santa Fe Playhouse ($936k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 27% of the total. Other salaries and wages came to $312k. At year end it held assets of $7.2m against liabilities of $96k, net assets of $7.1m. It reported 19 employees.