Overview
What is Museum Of Flight Foundation?
The Museum of Flight Foundation is a Seattle, Washington-based nonprofit organization dedicated to preserving historically significant air and space artifacts. With a mission to inspire public interest and understanding in science, technology, and the humanities, the Museum had over 369,000 visitors in 2022 and was open for 363 days. Their team consisted of 161 full-time employees and 482 volunteers, who contributed over 64,586 hours through tours, lectures, and interactions. The Museum served over 36,000 students, focusing on STEM disciplines, and provided financial aid and scholarships worth over $315,000. As a Smithsonian affiliate and American Alliance of Museums accredited institution, the Museum displayed over 175 air- and spacecraft, along with aeronautical history artifacts. It also had the largest aeronautical library and archives open to the public on the West Coast. The Museum's collection grew by 2,305 donations in 2022, including 56 new objects, 76 photographs and papers, and 2,173 additions to the Harl V. Brackin Memorial Library. The Research Center fulfilled over 646 research requests and hosted 323 visitors. The Museum's educational programs aligned with state and national standards, and its educator professional development programs offered CLOCK hour credits for teachers. Their offerings included camps and distance learning programs. Additionally, the Museum's campus housed Raisbeck Aviation High School, a high school with a STEM-based curriculum and 400 students.
Official website here: www.museumofflight.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
The Museum of Flight Foundation has achieved an exemplary 100% rating from Charity Navigator, indicating top-tier accountability and financial health. This score is significant as it reflects the charity's commitment to transparency and responsible management of its resources, ensuring that funds are utilized effectively for its mission.
The organization boasts a fully independent board, with all ten members meeting this criterion. Additionally, it scores perfectly in various financial metrics, including a high program expense ratio of 76.18%, indicating a substantial portion of its expenditures directly supports its programs. The foundation also maintains robust policies in place for conflict of interest, whistleblower protections, and document retention.
While the foundation excels in its financial management and governance practices, there are no notable limitations mentioned in the data. Overall, the Museum of Flight Foundation stands out as a well-managed nonprofit organization dedicated to its mission, backed by a solid financial structure and effective oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Museum Of Flight Foundation legitimate?
Museum Of Flight Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of Flight Foundation 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: $1,549,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,185,572
For more financial information, click here
Official website here: www.museumofflight.org
What is the mission statement of Museum Of Flight Foundation?
The Museum of Flight Foundation is dedicated to the preservation and exhibition of historically significant air and space artifacts. This collection serves as a foundation for scholarly research and provides educational programs that inspire an interest in and understanding of science, technology, and the humanities. The Museum's primary goal is to preserve aviation and space history, and it serves this purpose by displaying over 175 air- and spacecraft, along with numerous artifacts showcasing aeronautical history. The Museum's extensive collection is made possible by generous contributions from the community. In 2022, the Museum accessioned 2,305 donations into its collection, including 56 new objects, 76 new photographs and/or papers, and 2,173 additions to the Harl V. Brackin Memorial Library. The Museum's research center fulfilled over 646 research requests and hosted 323 visitors. The Museum's educational programs support state and national standards and offer certified teacher professional development programs. The Museum offers various programs, including accredited aerospace camps and distance learning programs, to cater to diverse learning styles.
Official website here: www.museumofflight.org
Who is the CEO of Museum Of Flight Foundation?
Matthew Hayes is the President & Ceo of Museum Of Flight Foundation. The CEO's salary of Museum Of Flight Foundation is $208,741 and their total compensation is $208,741.
Official website here: www.museumofflight.org
What is the revenue of Museum Of Flight Foundation?
Museum Of Flight Foundation's revenue in 2022 was $43,389,189.
Official website here: www.museumofflight.org
Who are the executives of Museum Of Flight Foundation and what are their salaries?
The average compensation at Museum Of Flight Foundation during 2022 was $45,486. There are 236 employees and 482 volunteers at Museum Of Flight Foundation.
Here are 75 key members and their salaries (Museum Of Flight Foundation's CEO's salary is $208,741 and their total compensation is $208,741):
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Official website here: www.museumofflight.org
Where can I find the form 990 for Museum Of Flight Foundation?
Museum Of Flight Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.museumofflight.org
Learn more at the official website: www.museumofflight.org
Mission Statement of Museum Of Flight Foundation
The Museum of Flight Foundation is a renowned nonprofit organization dedicated to the acquisition, preservation, and exhibition of historically significant air and space artifacts. By doing so, it lays the groundwork for scholarly research and offers educational programs that foster an interest in and understanding of science, technology, and the humanities.
The Museum of Flight's primary objective is to preserve aviation and space history, and to educate the public about related subjects. With a vast collection of over 175 air- and spacecraft, along with aeronautical artifacts, the Museum provides a captivating glimpse into the history of flight. The organization is not just limited to permanent exhibits, but also introduces several temporary exhibits on a wide range of subjects each year. In addition, it maintains the largest aeronautical library and archives open to the public on the West Coast.
The Museum of Flight Foundation's mission is brought to life through various initiatives. In 2022, the Museum welcomed over 369,000 visitors and was open for 363 days. It employed 161 full-time staff members and had 482 active volunteers who contributed over 64,586 hours. The organization served over 36,000 students, focusing on STEM disciplines, and provided financial aid and scholarships worth over $315,000. The Museum is a Smithsonian affiliate and accredited by the American Alliance of Museums. Its collection is made possible through generous community contributions, with 2,305 donations added to the collection in 2022.
The Research Center at the Museum received and fulfilled over 646 research requests and hosted 323 visitors. The Museum's educational programs support state and national standards and offer teacher professional development programs certified to provide clock hour credits. The Museum offers a range of programs, including the American Camp Association accredited Aerospace Camp Experience (ACE) summer camp, the nationally acclaimed Challenger Learning Center (CLC), the Museum-designed Aviation Learning Center (ALC), and several distance learning programs. The Museum also houses the Washington Aerospace Scholars (WAS), a competitive, collaborative program funded privately and aimed at keeping the nation at the forefront of technical competitiveness. Additionally, the Museum's campus is home to Raisbeck Aviation High School, a STEM-based school with 400 students.
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Impact
October, 2024
The Museum of Flight Foundation significantly impacts the community by acquiring, preserving, and exhibiting historically significant air and space artifacts. This commitment not only enhances scholarly research but also fosters lifelong learning, sparking interest in science, technology, and the humanities. In 2022, the Museum welcomed over 369,000 visitors, highlighting its role as a major educational hub for both local and international audiences.
With a focus on STEM education, the Museum served more than 36,000 students, supporting state and national educational standards through innovative programs. Additionally, the foundation provided over $315,000 in financial aid and scholarships, ensuring access to its resources for a diverse group of learners.
In furthering its mission, the Museum maintains a collection of over 175 aircraft and related artifacts, complemented by one of the largest aeronautical libraries on the West Coast. The Museum's impressive array of educational offerings includes the nationally recognized Challenger Learning Center and a variety of summer and distance learning programs, engaging both students and educators alike.
Furthermore, the collaboration with local initiatives, such as hosting Raisbeck Aviation High School, underscores its dedication to fostering a strong STEM-based educational framework. The Museum of Flight Foundation's extensive volunteer network, contributing over 64,000 hours, reflects a vibrant community investment in preserving aviation history and educating future generations.
This information is meant to be a general summary of Museum Of Flight Foundation. 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: $1,260,991
- Program Service Revenue: $8,150,964
- Gross Receipts: $65,958,906
Assets and Liabilities:
- Total Assets: $327,677,803
- Total Liabilities: $10,192,244
- Net Assets: $317,485,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$6,201,603
MEMBERSHIPS
Revenue
$1,037,273
EDUCATIONAL PROGRAMS
Revenue
$636,426
FLIGHT SIMULATOR
Revenue
$275,662
Organization Details
Founding Year
1965
Phone
(206) 764-5700Principal Officer
Matthew Hayes
Main Address
9404 EAST MARGINAL WAY SOUTH, SEATTLE, WA, 981084097
Website
www.museumofflight.orgNTEE Category
Code: A110 - Arts
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