The Royal Air Force Museum American Foundation Inc
- Assets
- $1.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/2002
- Data as of
- 03/2024
- EIN
- 30-0075287
Organization Overview
The Royal Air Force Museum American Foundation Inc is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Air Force Museum American Foundation 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 03/2024, Royal Air Force Museum American Foundation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $1.7m during the year ending 03/2024. While expenses have increased by 29.6% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAFMAF EXISTS TO ENSURE THE SHARED AVIATION HERITAGE OF THE UNITED STATES AND THE UNITED KINGDOM IS KEPT ALIVE IN THE MEMORY OF BOTH NATIONS. THE MISSION IS TO PROVIDE FUNDS FOR SUPPORTING THE MUSEUMS PROGRAMS OF ACQUISITION, CONSERVATION, INTERPRETATION AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Major General Ret Frederick F Rogge Vice Chairman | 4 | $0 | |
Stuart Archer President | 4 | $0 | |
Scott Thompson Treasurer | 4 | $0 | |
Tim Manna Director | 0.25 | $0 | |
Roberto Guerrero Director | 0.25 | $0 | |
Stuart Mathews Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,666,445 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,666,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,355 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $2,374 |
| Travel, conferences, and meetings | $12,578 |
| Printing and publications | $0 |
| Other expenses | $77,911 |
| Total operating and administrative expenses | $134,903 |
| Contributions, gifts, grants paid | $1,525,095 |
| Total expenses and disbursements | $1,659,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,875 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,542,570 |
| Total assets | $1,662,445 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Royal Air Force Museum American Foundation Inc has awarded $1,525,095 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RAF MUSEUM PURPOSE: SUPPORT FOR RAFMUSEUM PROGRAMS | $1,525,095 |