Aviation Hall Of Fame is located in Dayton, OH. The organization was established in 1971. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Aviation Hall Of Fame employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aviation Hall Of Fame is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Aviation Hall Of Fame generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND MEMORIALIZE THE OUTSTANDING ACCOMPLISHMENTS OF INDIVIDUALS WHO HAVE CONTRIBUTED TO AVIATION IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEARNING CENTER AND OTHER--THE BUILDING IS USED FOR A NATIONAL AVIATION ENSHRINEMENT, LEARNING AND RESEARCH CENTER, AND HOUSES INTERACTIVE DISPLAYS AND EDUCATIONAL EXHIBITS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| John Barry Trustee | Trustee | 1 | $0 | 
| Raymond Berg Trustee | Trustee | 1 | $0 | 
| Frank Boensch Trustee | Trustee | 1 | $0 | 
| David Brixey Vice Chair | OfficerTrustee | 1 | $0 | 
| Henry Coffeen III Trustee | Trustee | 1 | $0 | 
| James Cooling Trustee | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $26,720 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $1,762,362 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,789,082 | 
| Total Program Service Revenue | $0 | 
| Investment income | $24,796 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $180,676 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $2,030,327 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $310,374 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $21,388 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $0 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $37,520 | 
| Advertising and promotion | $3,492 | 
| Office expenses | $0 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $18,240 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $2,300 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $97,277 | 
| Insurance | $32,561 | 
| All other expenses | $885,141 | 
| Total functional expenses | $1,733,977 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $510,362 | 
| Savings and temporary cash investments | $284,921 | 
| Pledges and grants receivable | $41,841 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $14,374 | 
| Prepaid expenses and deferred charges | $1,910 | 
| Net Land, buildings, and equipment | $1,091,762 | 
| Investments—publicly traded securities | $775,330 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $124,009 | 
| Total assets | $2,844,509 | 
| Accounts payable and accrued expenses | $127,058 | 
| Grants payable | $0 | 
| Deferred revenue | $165,051 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $292,109 | 
| Net assets without donor restrictions | $289,550 | 
| Net assets with donor restrictions | $2,262,850 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $2,844,509 |