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Olympic Flight Museum

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911899948 ✦ Olympia, WA ✦ Designated as a 501(c)(3)

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Overview

What is Olympic Flight Museum?

The Olympic Flight Museum, situated in Olympia, Washington, serves as a nonprofit establishment dedicated to honoring aviation history. With a team of five passionate individuals, the museum upholds its mission to preserve and fly vintage aircraft, fostering a sense of community and shared experiences. Through exhibitions, interpretations, and engaging aviation activities, the museum aims to transport visitors back in time, allowing them to immerse themselves in the sights, sounds, and emotions of flight. The museum's objective is to inspire and educate, making aviation history both relatable and captivating for all.


Official website here: www.olympicflightmuseum.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Olympic Flight Museum has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health, with an overall score primarily based on its Accountability & Finance metrics. The museum excels in having 100% independent board members and no material diversion of assets, reflecting a sound governance structure.

Despite these strengths, the organization faces challenges in certain areas, such as the absence of conflict of interest and whistleblower policies, which could impact its governance practices. Additionally, the nonprofit has not posted its tax form on its website, which is a missed opportunity for transparency.

Overall, while the Olympic Flight Museum demonstrates strong program expense management with 80.39% directed towards its programs, the lack of some essential policies suggests room for improvement in its operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Olympic Flight Museum legitimate?

Olympic Flight Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic Flight 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,424

For more financial information, click here


Official website here: www.olympicflightmuseum.com

What is the mission statement of Olympic Flight Museum?

The Olympic Flight Museum's mission is centered around preserving and flying vintage aircraft. Established with the aim of fostering a sense of camaraderie and knowledge sharing about aviation history, its goal is to transport museum visitors back in time, immersing them in the sights, sounds, scents, and thrill of flight. The museum aspires to serve as a platform for educating the public about aviation history, providing a unique and engaging experience for all its visitors.


Official website here: www.olympicflightmuseum.com

Who is the CEO of Olympic Flight Museum?

Brian Reynolds is the President of Olympic Flight Museum.


Official website here: www.olympicflightmuseum.com

What is the revenue of Olympic Flight Museum?

Olympic Flight Museum's revenue in 2022 was $53,020.


Official website here: www.olympicflightmuseum.com

Who are the executives of Olympic Flight Museum and what are their salaries?

The average compensation at Olympic Flight Museum during 2022 was $5,285. There are 5 employees and 77 volunteers at Olympic Flight Museum.


Here are 5 key members and their salaries:


Brian Reynolds (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Gibson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Reynolds (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Faul (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Pilgrim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.olympicflightmuseum.com

Where can I find the form 990 for Olympic Flight Museum?

Olympic Flight Museum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.olympicflightmuseum.com

Learn more at the official website: www.olympicflightmuseum.com

Mission Statement of Olympic Flight Museum

The Olympic Flight Museum, established with a vision to unite individuals, aims to revive, reminisce, and educate about aviation history. Its mission is deeply rooted in the preservation and operation of vintage aircraft, serving to transport every museum visitor back in time, immersing them in the sights, sounds, scents, and thrill of flight. The museum's ultimate objective is to provide an engaging experience for its visitors, ensuring they gain a deeper understanding and appreciation of aviation's rich past.

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Impact




August, 2024

The Olympic Flight Museum's impact lies in its preservation and celebration of aviation history through the maintenance and flying of vintage aircraft. By providing exhibits, interpretations, and heritage aviation experiences, the museum brings people together to relive, recollect, and learn about the exciting world of flight. Through its mission of delivering the sights, sounds, and smells of aviation to every visitor, the museum plays a crucial role in educating and engaging the public with the rich history of aviation.




This information is meant to be a general summary of Olympic Flight 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.

Revenue
$53,020 (2022)
Expenses
$102,756 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$101,399
  • Program Service Revenue: $11,089
  • Gross Receipts: $265,275

Assets and Liabilities:

  • Total Assets: $580,317
  • Total Liabilities: $2,325
  • Net Assets: $577,992

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSION FEES

Revenue

$9,497

Membership Dues & Assessments

Revenue

$1,592

Organization Details

Founding Year

1998

Principal Officer

Brian Reynolds

Main Address

7637A OLD HWY 99 SE, OLYMPIA, WA, 98501

NTEE Category

Code: A540 - Arts

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