Overview
What is International Aerobatic Club Inc?
The International Aerobatic Club Inc, based in Oshkosh, Wisconsin, is a nonprofit organization dedicated to promoting and enhancing the safety and enjoyment of sport aerobatics. Their primary mission involves conducting research, education, and advocacy for aviation safety, with a particular focus on aerobatics. This includes encouraging, aiding, and engaging in scientific studies to improve the art of aerobatics. They also organize and support national and international competitions, offering individuals the opportunity to showcase their skills in aerobatic events. Membership services are another important aspect of the club, which includes costs associated with events, promotion, and the distribution of awards. The club, with a modest workforce of two individuals, serves as a hub for aerobatic enthusiasts, fostering a sense of community and competition in the field.
Official website here: www.iac.org
Is International Aerobatic Club Inc legitimate?
International Aerobatic Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Aerobatic Club 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: $87,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,692
For more financial information, click here
Official website here: www.iac.org
What is the mission statement of International Aerobatic Club Inc?
The International Aerobatic Club Inc's mission is centered around promoting and enhancing the safety and enjoyment of sport aerobatics. They actively engage in research, including scientific studies, and education to improve aviation safety, particularly in the field of aerobatics. The organization encourages and supports aerobatics education and competition on a national and international level. Their activities extend to organizing contests where individuals can showcase their aerobatic skills, promoting membership within the organization, and distributing awards and trophies.
Official website here: www.iac.org
What is the revenue of International Aerobatic Club Inc?
International Aerobatic Club Inc's revenue in 2024 was $373,452.
Official website here: www.iac.org
Who are the executives of International Aerobatic Club Inc and what are their salaries?
The average compensation at International Aerobatic Club Inc during 2024 was $65,061. There are 2 employees and 110 volunteers at International Aerobatic Club Inc.
Here are 22 key members and their salaries:
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- Compensation: $48,713
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- Other: $35,988
Official website here: www.iac.org
Where can I find the form 990 for International Aerobatic Club Inc?
International Aerobatic Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.iac.org
Learn more at the official website: www.iac.org
Mission Statement of International Aerobatic Club Inc
The International Aerobatic Club Inc, with a focus on promoting and enhancing safety and enjoyment, has a mission to encourage, aid, and engage in research, including scientific studies, and education. Their objective is to improve aviation safety through a better understanding of the art of aerobatics. Furthermore, the club actively promotes and encourages aerobatics education and competition on a national and international level. These activities are designed to provide opportunities for individuals interested in aerobatics to compete in public events, promote membership in the organization, and distribute various awards and trophies.
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Impact
October, 2024
The International Aerobatic Club Inc significantly influences the sport of aerobatics by promoting safety and enjoyment within the community. Through organized contests and events, members have the opportunity to compete, showcasing their skills to the public while adhering to high safety standards. This fosters a supportive environment for both novice and experienced pilots.
The IAC also plays a crucial role in enhancing aviation safety through education and research focused on aerobatic techniques. By encouraging a deeper understanding of aerobatics, the organization contributes to improved practices within the aviation industry. Members benefit from networking opportunities and the chance to achieve recognition through various awards and trophies, which further motivates participation and excellence in the sport.
Overall, the IAC's efforts to promote aerobatics, alongside its commitment to safety and education, create a vibrant, engaged community that elevates both the recreational and competitive aspects of this thrilling aviation art form.
This information is meant to be a general summary of International Aerobatic Club 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 2024.
- Investment Income: $14,390
- Program Service Revenue: $270,180
- Gross Receipts: $417,337
Assets and Liabilities:
- Total Assets: $588,703
- Total Liabilities: $228,763
- Net Assets: $359,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$205,210
REGISTRATION FEES
Revenue
$33,240
CONTEST SANCTION FEES
Revenue
$31,130
BANQUET INCOME
Revenue
$600
Organization Details
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