American Aeronautical Foundation is located in Newbury Park, CA. The organization was established in 1983. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Aeronautical Foundation 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 12/2023, American Aeronautical Foundation generated $9.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $9.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO COLLECT, RESTORE, MAINTAIN, OPERATE AND DISPLAY, FOR THE BENEFIT OF THE GENERAL PUBLIC, VINTAGE AIRCRAFT THAT ARE REPRESENTATIVE OF THE DEVELOMENT OF AVAIATION AS A MAJOR INDUSTRY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Kebely CFO & Director | 0 | $0 | |
Dana Dorsey President | 0 | $0 | |
Rick Decurtain Vice President | 0 | $0 | |
John Garlinger Board Member | 0 | $0 | |
Alex Nurse Board Member | 0 | $0 | |
David Myers Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,784 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,807 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $96 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,294 |
| Other expenses | $552 |
| Total expenses | $9,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,125 |
| Other assets | $0 |
| Total assets | $12,125 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,125 |