Mission
TO SUPPORT THE VARIOUS EXEMPT ACTIVITIES OF THE ACADEMY OF MODEL AERONAUTICS, INC.
Public Charity
ACADEMY OF MODEL AERONAUTICS FOUNDATION INC
ACADEMY OF MODEL AERONAUTICS FOUNDATION INC, of MUNCIE, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $394K in revenue, $470K in expenses, $2.1M in total assets. 11 publicly reported grants to this organization, totaling roughly $248K, appear in IRS filings.
EIN: 461336590
MUNCIE, IN
Museums
NTEE: A50
Latest filing: 2024
Total Revenue$394K
Total Expenses$470K
Total Assets$2.1M
Grant Records11
Funding Total$248K
Filing Years2020–2024
Where $100 goes at Academy of Model Aeronautics Foundation Inc
How Academy of Model Aeronautics Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$45
Programs
the work itself
$51
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $45 for programs
$45
To support the various exempt activities of the academy of model aeronautics, inc
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EXEMPT PURPOSES
$52,645
GENERAL SUPPORT
$9,717
GENERAL SUPPORT
$9,717
For grant recipient's exempt purposes
$7,225
GENERAL SUPPORT
$6,494
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Don Bott
PRESIDENT
James Layne
BOARD MEMBER
Rich Hanson
BOARD MEMBER
Rusty Kennedy
FOUNDATION DIRECTOR
Steve Haston
SECRETARY
Tim Jesky
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $394K | $470K | $2.1M |
| 2023 | $691K | $331K | $2.5M |
| 2022 | $386K | $207K | $1.5M |
| 2021 | $371K | $180K | $1.4M |
| 2020 | $557K | $198K | $1.2M |
Between 2020 and 2024, reported annual revenue declined from $557K to $394K (-29%), with total assets most recently reported at $2.1M.
Interactive year-over-year charts and full filing details available with membership.