Overview
What is Massachusetts Air And Space Museum Inc?
Massachusetts Air and Space Museum Inc., located at 200 Hanscom Drive STE 314, Bedford, MA 01730, is a nonprofit organization dedicated to inspiring future generations. Their mission is to preserve and promote the history of aviation and space exploration, as well as related technologies and sciences. They aim to achieve this by collecting and showcasing surviving artifacts. The museum also contributes to educating the public by fostering and encouraging learning in these fields. With a team of just two individuals, they work tirelessly to fulfill their mission.
Official website here: www.massairspace.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. The Massachusetts Air And Space Museum Inc has achieved an impressive score of 97%, reflecting its strong commitment to accountability and financial health. This rating indicates that the organization meets high standards in its operations, with 100% of its independent board members contributing positively to its governance.
The museum excels in various areas, including having a well-sized independent board and no material diversion of assets. With a program expense ratio of 69.61%, it allocates a significant portion of its resources toward fulfilling its mission. The presence of comprehensive policies such as conflict of interest, whistleblower protection, and document retention further underscores its dedication to transparency and ethical practices.
While the rating reveals significant strengths, there are no notable limitations mentioned, suggesting that the organization is currently operating effectively and responsibly. Overall, this high rating positions the Massachusetts Air And Space Museum Inc as a trustworthy nonprofit with a solid foundation for future growth and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Air And Space Museum Inc legitimate?
Massachusetts Air And Space Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Air And Space Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $25,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,078
For more financial information, click here
Official website here: www.massairspace.org/
What is the mission statement of Massachusetts Air And Space Museum Inc?
The Massachusetts Air and Space Museum Inc is committed to promoting education for future generations by documenting and preserving the history of aviation, space exploration, technology, and related fields. Their mission involves fostering and encouraging the advancement of these subjects, as well as safeguarding surviving artifacts. They aim to serve as a resource for the education of young individuals, providing them with a deeper understanding of these subjects and their significance in the broader context of arts and sciences.
Official website here: www.massairspace.org/
Who is the CEO of Massachusetts Air And Space Museum Inc?
Joseph J Dini is the Vice Chairperson of Massachusetts Air And Space Museum Inc.
Official website here: www.massairspace.org/
What is the revenue of Massachusetts Air And Space Museum Inc?
Massachusetts Air And Space Museum Inc's revenue in 2022 was $70,401.
Official website here: www.massairspace.org/
Who are the executives of Massachusetts Air And Space Museum Inc and what are their salaries?
The average compensation at Massachusetts Air And Space Museum Inc during 2022 was $28,891. There are 2 employees and 25 volunteers at Massachusetts Air And Space Museum Inc.
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Official website here: www.massairspace.org/
Where can I find the form 990 for Massachusetts Air And Space Museum Inc?
Massachusetts Air And Space Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.massairspace.org/
Learn more at the official website: www.massairspace.org/
Mission Statement of Massachusetts Air And Space Museum Inc
Massachusetts Air and Space Museum Inc is dedicated to promoting the education of future generations by documenting and preserving the historical significance of aviation, space exploration, technology, and related sciences. The nonprofit organization aims to conserve surviving artifacts and foster an interest in these fields, thereby encouraging innovation and progress. By doing so, Massachusetts Air and Space Museum Inc aims to inspire the next generation to pursue careers in these areas and contribute to their continued development.
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Impact
August, 2024
Massachusetts Air And Space Museum Inc's impact lies in fostering, encouraging, and advancing the education of future generations through the recording and preservation of the history of aviation and space exploration, technology, and its related arts and sciences, along with the preservation of surviving artifacts. Their mission to educate and inspire through the rich history of aviation and space exploration has the potential to influence and enlighten individuals of all ages. By setting up a new museum in Bedford, Massachusetts, they are providing a platform for visitors to engage with the captivating world of air and space, contributing to the enrichment of the community and beyond.
This information is meant to be a general summary of Massachusetts Air And Space Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $395
- Program Service Revenue: $6,666
- Gross Receipts: $70,401
Assets and Liabilities:
- Total Assets: $553,346
- Total Liabilities: $86,819
- Net Assets: $466,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Auction Income
Revenue
$5,263
Ticket Sales
Revenue
$1,403
Organization Details
Founding Year
2006
Principal Officer
Joseph J Dini
Main Address
200 Hanscom Drive STE 314, Bedford, MA, 01730
Website
www.massairspace.org/NTEE Category
Code: A50 - Arts
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