Overview
What is Alaska Aviation Museum?
The Alaska Aviation Museum, located at 4721 Aircraft Drive, Anchorage, AK 99502, is a nonprofit organization dedicated to preserving and showcasing Alaska's aviation history from 1897 to the present. They accomplish this by acquiring and restoring older aircraft, bringing them back to their original condition for both flying and display purposes within the museum. The museum also houses a variety of historical artifacts, photographs, and memorabilia related to the 1920s to 1940s. With a team of 19 dedicated employees, the Alaska Aviation Museum caters to a diverse audience, including tourists, students, and the general public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The Alaska Aviation Museum has received a Three-Star rating, indicating a solid performance in terms of accountability and finance. The overall score reflects strong governance, with 100% of board members being independent and a robust structure in place for managing assets and financial records. Key indicators, such as a low liabilities-to-assets ratio of 0.09% and a program expense ratio of 74%, suggest that the museum is effectively utilizing its resources to support its mission.
Strengths of the organization include a well-structured board and comprehensive policies regarding whistleblower protections and document retention. The museum has demonstrated responsible management practices, evidenced by its lack of material diversion of assets and the regular documentation of board meeting minutes. These factors contribute to a transparent and accountable operational framework.
While the rating is commendable, potential donors should consider that the score is based solely on financial accountability metrics. Future improvements could involve diversifying their assessment indicators to provide a more holistic view of their effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Aviation Museum legitimate?
Alaska Aviation Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Aviation 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: $264,206
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What is the mission statement of Alaska Aviation Museum?
The Alaska Aviation Museum's mission is centered around preserving and showcasing Alaska's aviation history, spanning from 1897 up to the present. They accomplish this by collecting, restoring, and displaying older aircraft, bringing them back to their original condition for educational and interactive purposes. The museum also houses photographs, historical artifacts, and memorabilia related to the aviation period from 1920 to 1945. The museum's audience primarily consists of tourists, students, and the general public, aiming to educate and engage them in Alaska's aviation heritage.
Who is the CEO of Alaska Aviation Museum?
Danny Seybert is the President of Alaska Aviation Museum.
What is the revenue of Alaska Aviation Museum?
Alaska Aviation Museum's revenue in 2022 was $867,776.
Who are the executives of Alaska Aviation Museum and what are their salaries?
The average compensation at Alaska Aviation Museum during 2022 was $13,906. There are 19 employees at Alaska Aviation Museum.
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Where can I find the form 990 for Alaska Aviation Museum?
Alaska Aviation Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alaska Aviation Museum
Alaska Aviation Museum is dedicated to the mission of preserving and showcasing Alaska's aviation history, spanning from 1897 to the present. This nonprofit organization collects, restores, and displays vintage aircraft, bringing them back to their original condition for both flying and exhibitory purposes. The museum serves as a hub for tourists, students, and the general public, providing them with an immersive experience into Alaska's aviation past. The collection includes a wealth of photographs, historical artifacts, and memorabilia from the 1920s to the 1940s, offering a comprehensive insight into the era's aviation advancements.
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Impact
July, 2024
The Alaska Aviation Museum plays a vital role in preserving and showcasing Alaska's rich aviation history from 1897 to the present day. Through the acquisition, restoration, and display of older aircraft, as well as the exhibition of photographs, artifacts, and memorabilia related to the aviation industry from 1920 to 1945, the museum offers a unique and engaging experience for its visitors. This not only educates tourists, students, and the general public about the significant contributions of aviation in Alaska but also helps in keeping this important aspect of the state's history alive for current and future generations to appreciate and learn from.
This information is meant to be a general summary of Alaska Aviation 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: $55,424
- Program Service Revenue: $220,461
- Gross Receipts: $937,623
Assets and Liabilities:
- Total Assets: $7,036,191
- Total Liabilities: $6,767
- Net Assets: $7,029,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions
Revenue
$217,290
Miscellaneous
Revenue
$3,171
Organization Details
Founding Year
1978
Principal Officer
Danny Seybert
Main Address
4721 Aircraft Drive, Anchorage, AK, 99502
NTEE Category
Code: A540 - Arts
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