Overview
What is Museum Of Flying?
The Museum of Flying, situated in Los Angeles, California, is a nonprofit organization dedicated to showcasing aviation exhibits. The museum houses an array of authentic aircraft, models, accessories, publications, and other memorabilia for educational purposes. Its primary mission involves receiving donations of historical materials related to aviation's development and advancement, preserving these artifacts, and displaying them to the public for educational gain. With a modest workforce of three individuals, the Museum of Flying endeavors to promote aviation history and knowledge in an engaging and interactive manner.
Official website here: www.museumofflying.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
The Museum Of Flying has received a 71% rating from Charity Navigator, which translates to a Two-Star rating. This score indicates that while the organization performs adequately in some areas, it may not fully meet the standards set by Charity Navigator for accountability and transparency. The majority of its board members are independent, which is a positive sign for governance, and the organization demonstrates good financial management with a solid program expense ratio of 86.34%.
Strengths of the Museum Of Flying include its commitment to governance, evidenced by a fully independent board and no material diversion of assets. Additionally, the museum has a favorable liabilities-to-assets ratio, indicating a stable financial position. However, the organization has noted weaknesses, such as the absence of a conflict of interest and whistleblower policy, which raises questions about its internal controls and risk management.
Overall, while the Museum Of Flying shows strong performance in certain areas, improvements could be made regarding its governance policies and documentation practices. Addressing these limitations could enhance its accountability and potentially lead to a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Museum Of Flying legitimate?
Museum Of Flying is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of Flying 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,840
For more financial information, click here
Official website here: www.museumofflying.com
What is the mission statement of Museum Of Flying?
The Museum of Flying's primary mission is to gather funds and historical materials related to aviation development and advancement. The primary purpose of these contributions is to preserve and exhibit this material for educational purposes. The museum is dedicated to showcasing aviation exhibits, including actual aircraft, models, accessories, publications, and memorabilia, all intended for public education.
Official website here: www.museumofflying.com
Who is the CEO of Museum Of Flying?
Dallas P Price-Van Breda is the Vice President of Museum Of Flying.
Official website here: www.museumofflying.com
What is the revenue of Museum Of Flying?
Museum Of Flying's revenue in 2022 was $641,700.
Official website here: www.museumofflying.com
Who are the executives of Museum Of Flying and what are their salaries?
The average compensation at Museum Of Flying during 2022 was $29,613. There are 3 employees and 5 volunteers at Museum Of Flying.
Here are 5 key members and their salaries:
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Official website here: www.museumofflying.com
Where can I find the form 990 for Museum Of Flying?
Museum Of Flying's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.museumofflying.com
Learn more at the official website: www.museumofflying.com
Mission Statement of Museum Of Flying
The Museum of Flying, as a nonprofit organization, is committed to receiving funds and historical materials related to the development and advancement of aviation. Its primary purpose is to preserve and exhibit these materials for educational purposes. The museum serves as a repository for various aviation artifacts, including actual aircrafts, models, accessories, publications, and other memorabilia, all displayed for public education. The Museum of Flying is devoted to showcasing the evolution of aviation, providing visitors with a comprehensive understanding of this remarkable field's history and progress.
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Impact
July, 2024
The Museum of Flying in Los Angeles, California, has had a significant impact on preserving aviation history and educating the public about the development and advancement of aviation. By displaying actual aircraft, models, accessories, publications, and other memorabilia, the museum provides a tangible and immersive experience for visitors to learn about the evolution of aviation. Through its exhibits and educational programs, the Museum of Flying plays a crucial role in inspiring future generations of aviation enthusiasts and professionals.
This information is meant to be a general summary of Museum Of Flying. 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: $193
- Program Service Revenue: $87,487
- Gross Receipts: $658,567
Assets and Liabilities:
- Total Assets: $1,834,329
- Total Liabilities: $458,529
- Net Assets: $1,375,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$87,487
Organization Details
Founding Year
1991
Phone
(310) 752-0555Principal Officer
Dallas P Price-Van Breda
Main Address
11835 W Olympic Blvd 1090E, Los Angeles, CA, 90064
Website
www.museumofflying.comNTEE Category
Code: A570 - Arts
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