American Institute Of Aeronautics And Astronautics is located in Corvallis, OR. The organization was established in 1954. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Institute Of Aeronautics And Astronautics 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 07/2022, American Institute Of Aeronautics And Astronautics generated $56.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $23.9k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (41.6%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER, WITHIN ITS LOCALITY, THE PURPOSES AND PROGRAMS OF THE AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS.
Describe the Organization's Program Activity:
Part 3
OSU AIAA HAS SEVERAL DIFFERENT PROGRAMS, ALL DESIGNED TO HELP FOSTER THE LOVE OF AEROSPACE IN STUDENTS. THE FIRST AND FOREMOST PROGRAM IS THE ORGANIZATION'S COMPETITIVE AND RESEARCH TEAMS THAT DO THEIR WORK ON A COLLEGIATE LEVEL. IN THE YEAR OF 2019, OSU AIAA SPONSORED 21 DIFFERENT TEAMS BETWEEN THE TWO ACADEMIC SCHOOL YEARS INCLUDED IN 2019, INCLUDING 13 DIFFERENT ROCKETRY TEAMS, 2 PLANE TEAMS, 2 UNMANNED AERIAL VEHICLE (UAV) TEAMS, 1 PAYLOAD TEAM, AND 2 JET PROPULSION RESEARCH TEAMS. WITHIN THESE TEAMS, STUDENTS FROM ALL MAJORS AND GRADE LEVELS LEARN HOW TO DESIGN AND BUILD ROCKETS, PLANES, UAVS, OR PAYLOADS, OR LEARN HOW TO OPTIMIZE JET ENGINES, TO MAKE SAFE AND RELIABLE SYSTEMS.
THE SECOND PROGRAM IS THE ORGANIZATION'S PROGRAM TO HELP STUDENTS FURTHER THEIR PROFESSIONAL INTERESTS AND CAREERS. THE ORGANIZATION DOES THIS IN SEVERAL WAYS. FIRST, THE ORGANIZATION INVITES INDUSTRY PROFESSIONALS TO PRESENT TO THE MEMBERS OF THE ORGANIZATION ON TOPICS RANGING FROM DESIGNING LUNAR LANDERS AND THE FUTURE OF THE NEW SPACE FORCE TO WHAT IT'S LIKE TO BE A SYSTEMS ENGINEER FOR NASA AND THE HISTORY OF WOMEN IN AEROSPACE IN ORDER TO EXPAND THE HORIZONS OF OSU AIAA'S MEMBERS, AND HELP THEM FIND AN AREA WITHIN THE FIELD OF AEROSPACE IN WHICH THEY ARE INTERESTED. SECOND, THE ORGANIZATION WORKS TO BRING STUDENTS TO THE AEROSPACE INDUSTRY BY SETTING UP TOURS OF PLACES SUCH AS BLUE ORIGINS' FACILITIES IN WASHINGTON, OR SPACEX'S FACILITIES IN CALIFORNIA, AS WELL AS TOURS OF PLACES SUCH AS THE EVERGREEN AIR AND SPACE MUSEUM IN MCMINNVILLE, OR, IN ORDER TO HELP STUDENTS HAVE A BETTER UNDERSTANDING OF WHAT THE AEROSPACE INDUSTRY LOOKS LIKE IN-PERSON, AND HELP THEM FURTHER DEVELOP AN IDEA OF WHERE THEY WOULD LIKE TO BE WITHIN THE FIELD. THIRD, THE ORGANIZATION ASSISTS WITH THE PROFESSIONAL DEVELOPMENT OF THE MEMBERS BY HOSTING SEMINARS TO ASSIST WITH FILLING OUT AEROSPACE INTERNSHIP APPLICATIONS TO GIVE MEMBERS THE BEST CHANCE TO GET THE INTERNSHIPS THAT CAN HELP LAUNCH THEM INTO A FULL-TIME CAREER.
THE THIRD PROGRAM THAT OSU AIAA HAS IS SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) ENGAGEMENT, IN WHICH THE ORGANIZATION ENGAGES K - 12 STUDENTS FROM ALL OVER THE STATE OF OREGON IN STEM-RELATED TOPICS. OSU AIAA, PRIMARILY THROUGH ONE OF THE ROCKETRY TEAMS, DOES THIS BY REACHING OUT TO ENTITIES SUCH AS SCHOOLS AND MUSEUMS, AND THEN BRINGING AN APPROPRIATE NUMBER OF LESSONS TO THE SCHOOL, MUSEUM, OR OTHER LOCATION THAT AN EDUCATIONAL EVENT IS TAKING PLACE, AND THEN ENGAGES THE STUDENTS IN HANDS-ON PROJECTS INCLUDING, BUT NOT LIMITED TO, BUILDING AND LAUNCHING SMALL MODEL ROCKETS TO UNDERSTAND THE FUNDAMENTALS OF ROCKETRY, BUILDING DIRECT CURRENT MOTORS TO UNDERSTAND THE FUNDAMENTALS OF THE PHYSICS OF ELECTRICITY AND MAGNETISM, AND MAKING SLIME TO UNDERSTAND THE FUNDAMENTALS OF CHEMISTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Roberto Albertani Advisor | 10 | $0 | |
Dr Richard Wirz Advisor | 5 | $0 | |
Dr David Blunck Advisor | 10 | $0 | |
Dr Kyle Niemyer Advisor | 10 | $0 | |
James Shea President | 10 | $0 | |
Connor Dawson Vice President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,565 |
Total Program Service Revenue | $47,250 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,815 |
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 | $1,950 |
Occupancy, rent, utilities, and maintenance | $2,125 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,780 |
Total expenses | $23,855 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |