Overview
What is Historic Aviation Memorial Museum?
The Historic Aviation Memorial Museum, located in Tyler, Texas, serves as a preservation and exhibition space for historical aircraft. As a history museum, it aims to educate and inspire visitors by showcasing these vintage aircraft. The museum is dedicated to its mission, contributing to the category of history museums in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Historic Aviation Memorial Museum has received a rating of 73%, indicating a moderate level of effectiveness and accountability. The organization shows strength in governance, with an independent board that scores full points in size and member independence. Additionally, the museum's program expense ratio is high at 90.51%, which suggests a strong commitment to programmatic activities relative to its overall spending.
Despite these positive attributes, the museum faces several notable weaknesses. The absence of key policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, has contributed to a lower score in accountability and finance. Furthermore, the organization's failure to post its tax forms on its website raises concerns about transparency.
Overall, while the Historic Aviation Memorial Museum demonstrates a solid commitment to its mission with effective financial management and governance structures, improvements are needed in its policies and public transparency to enhance its rating and overall effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Aviation Memorial Museum legitimate?
Historic Aviation Memorial Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Aviation Memorial 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: $12,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Historic Aviation Memorial Museum?
The Historic Aviation Memorial Museum's mission is centered around preserving and showcasing historic aircraft. Its primary objective is to educate and inspire visitors, thereby fostering an appreciation for aviation history. As a history museum, it falls under the category of institutions that aim to preserve and disseminate knowledge about the past. By showcasing historic aircraft, the museum offers a unique and engaging learning experience, encouraging visitors to delve into the rich history of aviation.
Who is the CEO of Historic Aviation Memorial Museum?
Michael Yeck is the President of Historic Aviation Memorial Museum.
What is the revenue of Historic Aviation Memorial Museum?
Historic Aviation Memorial Museum's revenue in 2022 was $184,827.
Who are the executives of Historic Aviation Memorial Museum and what are their salaries?
The average compensation at Historic Aviation Memorial Museum during 2022 was $12,267. There is 1 employee and 20 volunteers at Historic Aviation Memorial Museum.
Here are 10 key members and their salaries:
- Compensation: $12,267
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Where can I find the form 990 for Historic Aviation Memorial Museum?
Historic Aviation Memorial Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Historic Aviation Memorial Museum
The Historic Aviation Memorial Museum, a distinguished entity within the realm of history museums, is committed to preserving and showcasing historic aircraft. This mission serves to educate and inspire visitors, fostering a deep appreciation for aviation's rich history. By showcasing these historic aircraft, the museum aims to ignite curiosity and foster a sense of wonder in its patrons, offering them a unique and enriching educational experience.
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Impact
October, 2024
The Historic Aviation Memorial Museum plays a vital role in preserving and showcasing historic aircraft, greatly enriching the cultural landscape of Tyler, TX. By providing an engaging, educational experience, the museum inspires visitors of all ages to appreciate the rich history of aviation. Through its collection, the museum fosters a deeper understanding of the technical advancements and historical significance of flight, making history accessible and relevant to the community. Additionally, it serves as a resource for aviation enthusiasts, educators, and students, facilitating learning through exhibits, events, and programs. The museum not only preserves the legacy of aviation but also strengthens community ties and encourages exploration and curiosity about the past.
This information is meant to be a general summary of Historic Aviation Memorial 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: $517
- Gross Receipts: $186,420
Assets and Liabilities:
- Total Assets: $792,021
- Total Liabilities: $17,165
- Net Assets: $774,856
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Organization Details
Phone
(903) 526-1945Principal Officer
Michael Yeck
Main Address
150 AIRPORT DR 2-7, TYLER, TX, 75704
NTEE Category
Code: A54 - Arts
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