Overview
What is Mid Atlantic Air Museum?
The Mid Atlantic Air Museum, situated in Reading, Pennsylvania, serves as a nonprofit institution dedicated to preserving and showcasing the historical significance of vintage aircraft. With a focus on aviation history, the museum's mission is to educate the public, fostering an appreciation and understanding of this critical chapter in human development. The museum's collection spans various eras, highlighting the unique contributions of the Mid-Atlantic region to aviation, while also presenting a broader history of flight. The museum operates according to established museum practices, ensuring the preservation of its historical aircraft. Restoration projects and limited demonstration flying are special missions undertaken by the museum to maintain the authenticity of its collection. The team at Mid Atlantic Air Museum comprises only three dedicated individuals.
Official website here: www.maam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Mid Atlantic Air Museum has received a 73% rating from Charity Navigator, reflecting its accountability and financial management practices. The score is based entirely on its accountability and finance metrics, indicating that while the museum demonstrates strength in several areas, there are notable deficiencies in its governance policies.
The organization excels in several key metrics, including a perfect score for its audit of financial statements and a healthy program expense ratio of 88.91%. This suggests that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the absence of any material diversion of assets further highlights its financial integrity.
However, the museum's rating is tempered by the absence of critical governance policies such as a whistleblower policy and a document retention policy, which scored zero out of four points each. These gaps in policy could potentially raise concerns regarding transparency and accountability within the organization, impacting its overall assessment by stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mid Atlantic Air Museum legitimate?
Mid Atlantic Air Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Atlantic Air Museum 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: $89,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,568
For more financial information, click here
Official website here: www.maam.org
What is the mission statement of Mid Atlantic Air Museum?
The Mid Atlantic Air Museum was established with a mission to ensure the responsible preservation of an aviation collection that showcases the history of flight. This collection primarily highlights the unique role of the Mid Atlantic region in aviation, yet it also encompasses a broader narrative of aviation history, including military aviation. The museum adheres to established museum practices in the care of its collections. The museum also undertakes special missions, such as historically accurate aircraft restoration and limited demonstration flying. These activities aim to enhance the public's appreciation and understanding of aviation history.
Official website here: www.maam.org
Who is the CEO of Mid Atlantic Air Museum?
Russell Strine is the Chairman of Mid Atlantic Air Museum.
Official website here: www.maam.org
What is the revenue of Mid Atlantic Air Museum?
Mid Atlantic Air Museum's revenue in 2022 was $843,194.
Official website here: www.maam.org
Who are the executives of Mid Atlantic Air Museum and what are their salaries?
The average compensation at Mid Atlantic Air Museum during 2022 was $51,056. There are 3 employees at Mid Atlantic Air Museum.
Here are 3 key members and their salaries:
- Compensation: $89,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.maam.org
Where can I find the form 990 for Mid Atlantic Air Museum?
Mid Atlantic Air Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maam.org
Learn more at the official website: www.maam.org
Mission Statement of Mid Atlantic Air Museum
The Mid Atlantic Air Museum, established with a mission, works diligently to preserve the history of aviation. This organization focuses on showcasing the unique role that the Mid Atlantic region has played in the development of flight, while also providing a comprehensive overview of aviation history as a whole. The museum meticulously maintains its collection following established museum practices, ensuring the historical accuracy of its aircraft and their restoration. Beyond mere exhibition, the Mid Atlantic Air Museum engages in specialized missions, such as restoring historic aircraft for demonstration flights, contributing to the public's appreciation and understanding of aviation history.
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Impact
October, 2024
The Mid Atlantic Air Museum significantly enhances public appreciation and understanding of aviation history through its meticulously curated collection that showcases the unique contributions of the mid-Atlantic region to flight. By educating visitors about vintage aircraft and their pivotal roles in the evolution of aviation, the museum fosters a deeper connection to both local and broader historical narratives.
The museum's commitment to professional stewardship ensures that these historic aircraft are preserved according to established museum practices, allowing future generations to explore aviation's rich legacy. Limited demonstration flying and historically accurate restoration projects further engage the public, offering vivid, firsthand experiences that bring history to life. Overall, the Mid Atlantic Air Museum serves as a vital resource for education and inspiration, highlighting the enduring impact of aviation on society.
This information is meant to be a general summary of Mid Atlantic Air Museum. 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: $752
- Program Service Revenue: $4,663
- Gross Receipts: $1,444,383
Assets and Liabilities:
- Total Assets: $6,120,360
- Total Liabilities: $407,595
- Net Assets: $5,712,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AIR SHOW PARTICIPATION
Revenue
$4,663
Organization Details
Founding Year
1980
Phone
(610) 372-7333Principal Officer
Russell Strine
Main Address
11 MUSEUM DRIVE, READING, PA, 19605
Website
www.maam.orgNTEE Category
Code: A540 - Arts
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