Overview
What is Marine Aviation Museum Incorporated?
Marine Aviation Museum Incorporated serves as a nonprofit organization dedicated to showcasing the history of aviation, specifically focusing on vintage aircrafts and related artifacts from past conflicts. Located at the lone star museum in Galveston, Texas, the museum offers visitors an opportunity to view static displays of these historical aircrafts and helicopters throughout the year. The organization does not generate any revenue and has also participated in a flying air show at the Air Force Heritage Museum in Temple, Texas, attracting an estimated 8,000 attendees.
Official website here: www.veitnamwarflight.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates a moderate level of accountability and finance management for Marine Aviation Museum Incorporated. The overall score is derived solely from the charity's accountability and finance performance, reflecting a strong commitment to transparency and responsible financial practices.
The organization received perfect scores in several areas, including the independence of its board members, material diversion of assets, and the posting of board meeting minutes. Notably, all board members are independent, which suggests a robust governance structure focused on the charity's mission. Additionally, the program expense ratio is favorable at 77.93%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs.
However, there are areas for improvement. The charity lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, which raises concerns about governance practices. Addressing these issues could enhance the organization's overall accountability and transparency, ultimately benefiting its stakeholders and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Marine Aviation Museum Incorporated legitimate?
Marine Aviation Museum Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Aviation Museum Incorporated 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: $0
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Official website here: www.veitnamwarflight.com
What is the mission statement of Marine Aviation Museum Incorporated?
Marine Aviation Museum Incorporated serves the purpose of maintaining a museum showcasing vintage aircrafts and related artifacts from past wars. The museum, located at Galveston, Texas, allows the public to view this historical collection throughout the year. Besides the stationary exhibition, the organization also participated in an air show at the Air Force Heritage Museum in Temple, Texas, attracting an estimated 8,000 visitors. The primary function of Marine Aviation Museum Incorporated is to preserve and exhibit the past of aviation history for public education and appreciation.
Official website here: www.veitnamwarflight.com
Who is the CEO of Marine Aviation Museum Incorporated?
Rick Sharpe Jr is the Director of Marine Aviation Museum Incorporated.
Official website here: www.veitnamwarflight.com
What is the revenue of Marine Aviation Museum Incorporated?
Marine Aviation Museum Incorporated's revenue in 2022 was $465,096.
Official website here: www.veitnamwarflight.com
Who are the executives of Marine Aviation Museum Incorporated and what are their salaries?
There 20 volunteers at Marine Aviation Museum Incorporated.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.veitnamwarflight.com
Where can I find the form 990 for Marine Aviation Museum Incorporated?
Marine Aviation Museum Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.veitnamwarflight.com
Learn more at the official website: www.veitnamwarflight.com
Mission Statement of Marine Aviation Museum Incorporated
Marine Aviation Museum Incorporated is dedicated to preserving the history of aviation, specifically focusing on vintage aircrafts and related artifacts from past wars. This nonprofit organization operates a museum that allows the general public to view these historical pieces throughout the year. The museum is unique as it is the sole institution of its kind in Galveston, Texas. Beyond the static display of aircrafts and helicopters, Marine Aviation Museum Incorporated also showcases related parts from past conflicts. In addition to its museum, the organization has also participated in flying air shows. For instance, they held an event at the Air Force Heritage Museum in Temple, Texas, attracting an estimated 8,000 people. This demonstrates their commitment to sharing their collection with a wide audience.
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Impact
July, 2024
Marine Aviation Museum Incorporated provides a unique opportunity for the public to view vintage aircraft, helicopters, and related parts from past wars at the Lone Star Museum in Galveston, Texas. Their static displays and flying air shows, such as the one at the Air Force Heritage Museum in Temple, Texas, attract thousands of attendees and serve as educational and inspiring experiences for aviation enthusiasts and history buffs alike. Through their activities, Marine Aviation Museum Incorporated preserves and honors the heritage of marine aviation, showcasing the importance of these aircraft in military history.
This information is meant to be a general summary of Marine Aviation Museum Incorporated. 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: $398,070
- Program Service Revenue: $4,000
- Gross Receipts: $2,193,246
Assets and Liabilities:
- Total Assets: $9,886,433
- Total Liabilities: $49
- Net Assets: $9,886,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WINGS OVER HOUSTON
Revenue
$4,000
Organization Details
Founding Year
2003
Principal Officer
Rick Sharpe Jr
Main Address
7555 IPSWICH, Houston, TX, 77061
Website
www.veitnamwarflight.comNTEE Category
Code: A80 - Arts
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