Experimental Aircraft Association Inc

Organization Overview

Experimental Aircraft Association Inc is located in Oshkosh, WI. The organization was established in 1993. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 02/2021, Experimental Aircraft Association Inc employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Experimental Aircraft Association Inc 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 02/2021, Experimental Aircraft Association Inc generated $18.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $27.3m during the year ending 02/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Experimental Aircraft Association Inc has awarded 33 individual grants totaling $1,945,499. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEDICATION TO GROWING AVIATION THROUGH PARTICIPATION & EDUCATION. DELIVER (CONTINUED ON SCHEDULE O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

AIRVENTURE - THE LARGEST AVIATION EVENT OF ITS KIND IS HELD EACH YEAR IN LATE JULY. AIRVENTURE EDUCATES THOSE ATTENDING ON AVIATION AND AIRCRAFT THROUGH EXHIBITS, DEMONSTRATION AIRSHOWS, EDUCATIONAL SESSIONS, AND INTERACTIVE DISPLAYS. DUE TO THE 2020 COVID-19 PANDEMIC, AIRVENTURE WAS CANCELLED. ALTHOUGH THE SHOW WAS CANCELLED, COSTS WERE STILL INCURRED IN PLANNING FOR THE EVENT. AIRVENTURE IS EXPECTED TO RESUME IN FY22 AND WILL CONTINUE IN FUTURE YEARS.


MEMBERSHIP AND PUBLICATIONS - "SPORT AVIATION" IS A MONTHLY PUBLICATION ISSUED TO MEMBERS WITH A VARIETY OF EDUCATIONAL INFORMATION ON AVIATION. OTHER VARIOUS PRINTED AND DIGITAL PUBLICATIONS ARE PRODUCED ON A PERIODIC BASIS TO INFORM AND EDUCATE MEMBERS OR AIRVENTURE ATTENDEES. INCLUDES COSTS ASSOCIATED WITH PROVIDING KNOWLEDGE AND INFORMATION TO ASSIST WITH TECHNICAL QUESTIONS ON AVIATION MATTERS AND PROMOTING MEMBERSHIP IN THE ORGANIZATION.


EAA SUPPORTS OVER 900 LOCAL DESIGNATED CHAPTERS. THESE CHAPTERS DO NO MEET THE DEFINITION OF "CHAPTERS" WITHIN THE MEANING PROVIDED BY THE FORM 990 INSTRUCTIONS. THESE SO-CALLED CHAPTERS ARE INDIVIDUAL STAND-ALONE ORGANIZATIONS THAT ARE ABOUT PEOPLE, BRINGING TOGETHER INDIVIDUALS INTERESTED IN LEARNING MORE ABOUT AVIATION AS WELL AS SHARING THEIR OWN KNOWLEDGE. CHAPTER MEMBERS ARE INVOLVED IN A VARIETY OF SOCIAL AND EDUCATIONAL ACTIVITIES, INCLUDING YOUNG EAGLES RALLIES, FLY-INS, BUILDING SEMINARS, AND MORE, TO BUILD AWARENESS IN THE COMMUNITY. CHAPTERS ARE INSTRUMENTAL IN ADMINISTERING THE RAY AVIATION SCHOLARSHIP PROGRAM.


FLIGHT EXPERIENCES, MUSEUM ADMISSIONS, SPORT AIR WORKSHOPS, HOSTED EVENTS, AND SPECIAL INTEREST COMMUNITY SUPPORT.


AIRVENTURE - THE LARGEST AVIATION EVENT OF ITS KIND IS HELD EACH YEAR IN LATE JULY. AIRVENTURE EDUCATES THOSE ATTENDING ON AVIATION AND AIRCRAFT THROUGH EXHIBITS, DEMONSTRATION AIRSHOWS, EDUCATIONAL SESSIONS, AND INTERACTIVE DISPLAYS. DUE TO THE 2020 COVID-19 PANDEMIC, AIRVENTURE WAS CANCELLED. ALTHOUGH THE SHOW WAS CANCELLED, COSTS WERE STILL INCURRED IN PLANNING FOR THE EVENT. AIRVENTURE IS EXPECTED TO RESUME IN FY22 AND WILL CONTINUE IN FUTURE YEARS.


MEMBERSHIP AND PUBLICATIONS - "SPORT AVIATION" IS A MONTHLY PUBLICATION ISSUED TO MEMBERS WITH A VARIETY OF EDUCATIONAL INFORMATION ON AVIATION. OTHER VARIOUS PRINTED AND DIGITAL PUBLICATIONS ARE PRODUCED ON A PERIODIC BASIS TO INFORM AND EDUCATE MEMBERS OR AIRVENTURE ATTENDEES. INCLUDES COSTS ASSOCIATED WITH PROVIDING KNOWLEDGE AND INFORMATION TO ASSIST WITH TECHNICAL QUESTIONS ON AVIATION MATTERS AND PROMOTING MEMBERSHIP IN THE ORGANIZATION.


EAA SUPPORTS OVER 900 LOCAL DESIGNATED CHAPTERS. THESE CHAPTERS DO NO MEET THE DEFINITION OF "CHAPTERS" WITHIN THE MEANING PROVIDED BY THE FORM 990 INSTRUCTIONS. THESE SO-CALLED CHAPTERS ARE INDIVIDUAL STAND-ALONE ORGANIZATIONS THAT ARE ABOUT PEOPLE, BRINGING TOGETHER INDIVIDUALS INTERESTED IN LEARNING MORE ABOUT AVIATION AS WELL AS SHARING THEIR OWN KNOWLEDGE. CHAPTER MEMBERS ARE INVOLVED IN A VARIETY OF SOCIAL AND EDUCATIONAL ACTIVITIES, INCLUDING YOUNG EAGLES RALLIES, FLY-INS, BUILDING SEMINARS, AND MORE, TO BUILD AWARENESS IN THE COMMUNITY. CHAPTERS ARE INSTRUMENTAL IN ADMINISTERING THE RAY AVIATION SCHOLARSHIP PROGRAM.


FLIGHT EXPERIENCES, MUSEUM ADMISSIONS, SPORT AIR WORKSHOPS, HOSTED EVENTS, AND SPECIAL INTEREST COMMUNITY SUPPORT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grant Thornton Llp
Accounting Services
$113,964
Streamworks Llc
Membership Marketing
$466,270
Streamworks Llc
Membership Marketing
$466,270
Grant Thornton Llp
Accounting Services
$113,964
Real Construction
Construction Services
$339,308
Real Construction
Construction Services
$339,308
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,082,365
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above-$131,189
Noncash contributions included in lines 1a–1f $139,412
Total Revenue from Contributions, Gifts, Grants & Similar$3,951,176
Total Program Service Revenue$7,462,431
Investment income $352,718
Tax Exempt Bond Proceeds $0
Royalties $614,699
Net Rental Income $145,293
Net Gain/Loss on Asset Sales $3,354,233
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $449,536
Miscellaneous Revenue$0
Total Revenue $18,861,933

Grants Awarded

Over the last fiscal year, Experimental Aircraft Association Inc has awarded $240,440 in support to 4 organizations.

Grant RecipientAmount

EAA AVIATION FOUNDATION INC

Org PageRecipient Profile

Oshkosh, WI

PURPOSE: GENERAL SUPPORT

$110,220

EAA AVIATION FOUNDATION INC

Org PageRecipient Profile

Oshkosh, WI

PURPOSE: GENERAL SUPPORT

$110,220

FLYING 12 CLUB LLC

PURPOSE: FLYING CLUB GRANT

$10,000

FLYING 12 CLUB LLC

PURPOSE: FLYING CLUB GRANT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Experimental Aircraft Association Inc has recieved totaling $2,086,356.

Awarding OrganizationAmount
Ray Foundation Inc

Naples, FL

PURPOSE: RESTRICTED GRANT - SCHOLARSHIP SUPPORT

$1,910,000
Ray Foundation Inc

Naples, FL

PURPOSE: KIDVENTURE OPERATING SUPPORT

$50,000
Henry And Louise Timken Foundation

Canton, OH

PURPOSE: GENERAL SUPPORT

$50,000
The Jek Foundation Inc

Oshkosh, WI

PURPOSE: PROJECT 21 CAMPAIGN PLEDGE

$20,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$17,856
$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$31,088,638
Earnings$6,615,231
Net Contributions$1,754,205
Grants$1,193,240
Ending Balance$38,264,834

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