Overview
What is South Carolina Aviation Museum Ltd?
South Carolina Aviation Museum Ltd is a nonprofit organization situated in Saluda, South Carolina, at 2766 Hollywood Road. Their primary objective is to preserve and showcase the rich aviation history of South Carolina. They achieve this by establishing a museum, offering educational experiences that delve into the past of aviation, and displaying various aircraft and related artifacts. The museum serves as a platform for learning, allowing visitors to immerse themselves in the aviation heritage of the state.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star rating.
The South Carolina Aviation Museum Ltd holds a low score of 48%, which indicates significant concerns regarding its accountability and financial practices. The organization's rating is based solely on its Accountability & Finance score, highlighting the importance of transparency and responsible management within nonprofits. This rating suggests that potential donors may want to be cautious before contributing.
The museum demonstrates some strengths, such as having 100% independent board members and a high program expense ratio of 97.08%, indicating that a large portion of its resources is directed towards its programs. However, the organization faces several critical weaknesses, including a one-member independent board and multiple missing policies, such as conflict of interest and whistleblower policies, which are essential for governance and ethical operations.
Additionally, the museum's website is not listed on its tax form, and there are concerns regarding its liabilities to assets ratio, which stands at 87.43%. This situation raises red flags about the organization's financial health and sustainability. Overall, while the South Carolina Aviation Museum Ltd has some positive aspects, significant areas for improvement must be addressed to build trust with potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina Aviation Museum Ltd legitimate?
South Carolina Aviation Museum Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Aviation Museum Ltd 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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What is the mission statement of South Carolina Aviation Museum Ltd?
The South Carolina Aviation Museum Ltd is dedicated to preserving the aviation history of the region. To achieve this, the organization has established a museum in an undisclosed location. The primary objective of the museum is to provide educational experiences, recounting the past aviation milestones. Additionally, the museum showcases various planes and aviation-related artifacts, offering visitors a unique perspective into the aviation industry's evolution. The museum serves as a valuable resource for individuals interested in aviation history, offering an engaging and informative experience.
Who is the CEO of South Carolina Aviation Museum Ltd?
Jim Ashley is the Director of South Carolina Aviation Museum Ltd.
What is the revenue of South Carolina Aviation Museum Ltd?
South Carolina Aviation Museum Ltd's revenue in 2022 was $25,914.
Who are the executives of South Carolina Aviation Museum Ltd and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Carolina Aviation Museum Ltd?
South Carolina Aviation Museum Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Carolina Aviation Museum Ltd
The South Carolina Aviation Museum Ltd is committed to preserving the rich aviation history of South Carolina. To achieve this goal, the organization has established a museum in Saluda, South Carolina. The museum serves as a hub for educational experiences, recounting the past aviation achievements of the region. It showcases a variety of planes and artifacts, providing visitors with an immersive experience into the world of aviation history. By offering these educational experiences, the South Carolina Aviation Museum Ltd seeks to engage and educate the public about the role of aviation in South Carolina's past. The museum's exhibits and artifacts serve as a testament to the region's aviation heritage and contribute to a deeper understanding of the industry's evolution.
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Impact
August, 2024
South Carolina Aviation Museum Ltd's impact lies in its dedication to preserving the rich history of aviation in South Carolina. By creating a museum in Saluda, South Carolina, the organization provides educational experiences that recount the past of aviation, showcasing planes and various artifacts. Through these efforts, South Carolina Aviation Museum Ltd not only preserves history but also educates and inspires visitors, contributing to a deeper understanding and appreciation of the aviation industry. This impact is especially significant in a state with a rich aviation history like South Carolina.
This information is meant to be a general summary of South Carolina Aviation Museum Ltd. 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.
- Gross Receipts: $25,914
Assets and Liabilities:
- Total Assets: $115,827
- Total Liabilities: $98,537
- Net Assets: $17,290
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Organization Details
Founding Year
2019
Phone
(864) 554-9981Principal Officer
Jim Ashley
Main Address
2766 HOLLYWOOD ROAD, SALUDA, SC, 29138
NTEE Category
Code: A50 - Arts
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