Overview
What is Tulsa Air & Space Museum Inc?
Tulsa Air and Space Museum Inc, a 501(c)(3) nonprofit organization, is dedicated to preserving Oklahoma's aerospace heritage while fostering science-based learning. With a federal tax identification number of 73-1452965, the museum honors Tulsa's aviation past and looks forward to its future in the aerospace industry. The museum boasts an impressive 19,000 square feet of exhibit space, featuring interactive educational displays, a full-dome planetarium, and a recently opened MD-80 Discovery Center. By celebrating Tulsa's aviation legacy and promoting scientific exploration, Tulsa Air and Space Museum Inc inspires curiosity and learning among its visitors.
Official website here: www.tulsamuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 72%, Two-Star out of Four Star rating
The Tulsa Air & Space Museum Inc has received a "Needs Improvement" rating from Charity Navigator, which reflects a moderate level of effectiveness in its operations. The organization scored well in areas such as Accountability & Finance, achieving a perfect score of 100% in key governance metrics including a fully independent board and having policies in place for conflicts of interest, whistleblowing, and document retention.
However, the museum’s financial transparency is a significant concern, as it did not provide financial statements, resulting in a very low score in that category. Despite a reasonable liabilities to assets ratio and a program expense ratio of approximately 62.81%, the absence of financial documentation limits potential donor confidence and impacts overall evaluation. Improvements in financial reporting could enhance its standing and effectiveness within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Tulsa Air & Space Museum Inc legitimate?
Tulsa Air & Space Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tulsa Air & 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,378
For more financial information, click here
Official website here: www.tulsamuseum.org
What is the mission statement of Tulsa Air & Space Museum Inc?
The Tulsa Air and Space Museum, a nonprofit organization, is dedicated to preserving the aerospace heritage of Oklahoma. By doing so, it aims to stimulate science-based learning through exploration and discovery. The museum honors and commemorates Tulsa's notable aviation past, as well as its promising future in the aerospace sector. It showcases 19,000 square feet of exhibits, interactive educational displays, a full dome planetarium, and a recently opened MD-80 Discovery Center, providing visitors with engaging and informative experiences.
Official website here: www.tulsamuseum.org
What is the revenue of Tulsa Air & Space Museum Inc?
Tulsa Air & Space Museum Inc's revenue in 2023 was $1,277,835.
Official website here: www.tulsamuseum.org
Who are the executives of Tulsa Air & Space Museum Inc and what are their salaries?
The average compensation at Tulsa Air & Space Museum Inc during 2023 was $16,299. There are 28 employees and 40 volunteers at Tulsa Air & Space Museum Inc.
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Official website here: www.tulsamuseum.org
Where can I find the form 990 for Tulsa Air & Space Museum Inc?
Tulsa Air & Space Museum Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tulsamuseum.org
Learn more at the official website: www.tulsamuseum.org
Mission Statement of Tulsa Air & Space Museum Inc
Tulsa Air and Space Museum, a nonprofit organization under section 501(c)(3) of the Internal Revenue Code, is dedicated to preserving Oklahoma's aerospace heritage. The museum's mission is to inspire science-based learning through discovery. By honoring and celebrating Tulsa's rich aviation heritage and its future in the aerospace industry, Tulsa Air and Space Museum provides visitors with a comprehensive experience. The museum boasts an impressive 19,000 feet of exhibit space, filled with hands-on educational displays, a full dome planetarium, and a newly opened MD-80 Discovery Center. These facilities allow visitors to delve into the world of aerospace, fostering a curiosity and appreciation for the industry's history and future innovations.
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Impact
July, 2024
Tulsa Air & Space Museum Inc's impact lies in preserving Oklahoma's aerospace heritage while inspiring science-based learning through discovery. By honoring Tulsa's rich aviation history and supporting its future in the aerospace industry, the museum plays a vital role in educating and engaging the community. With 19,000 square feet of exhibit space, hands-on educational displays, a full dome planetarium, and the newly opened MD-80 Discovery Center, Tulsa Air & Space Museum provides a unique and immersive experience for visitors of all ages.
This information is meant to be a general summary of Tulsa Air & 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 2023.
- Investment Income: $47,045
- Program Service Revenue: $471,143
- Gross Receipts: $1,417,666
Assets and Liabilities:
- Total Assets: $6,476,541
- Total Liabilities: $120,244
- Net Assets: $6,356,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$466,778
EDUCATION
Revenue
$4,365
Organization Details
Founding Year
1995
Principal Officer
Tonya L Blansett
Website
www.tulsamuseum.orgNTEE Category
Code: A570 - Arts
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