Public Charity

OHIO AEROSPACE INSTITUTE

OHIO AEROSPACE INSTITUTE, of BROOKPARK, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $24.2M in revenue, $23.2M in expenses, $12.8M in total assets. 8 publicly reported grants to this organization, totaling roughly $395K, appear in IRS filings.

EIN: 341621676 BROOKPARK, OH Science & Technology NTEE: U Latest filing: 2025
Total Revenue$24.2M
Total Expenses$23.2M
Total Assets$12.8M
Grant Records8
Funding Total$395K
Filing Years2021–2025

Mission

THE PRIMARY TAX-EXEMPT PURPOSE IS TO FURTHER HUMAN SCIENTIFIC AND ENGINEERING KNOWLEDGE IN A BROAD ARRAY OF AEROSPACE RELATED DISCIPLINES THROUGH INVESTIGATIONAL AND DEVELOPMENTAL RESEARCH; TO BUILD OHIO'S AEROSPACE ECONOMY THROUGH RESEARCH AND TECHNOLOGY, EDUCATION AND TRAINING, AND COLLABORATION AND INFORMATION EXCHANGE. TO FURTHER THE SCIENTIFIC AND ENGINEERING EDUCATION OF DOCTORAL LEVEL GRADUATE AND CONTINUING EDUCATION STUDENTS THROUGH AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO, AND TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH EDUCATION. TO SPONSOR, PROMOTE AND DISSEMINATE AEROSPACE RESEARCH IN COOPERATION WITH, AND AS A CONSORTIUM OF, COLLEGES AND UNIVERSITIES IN OHIO; TO STIMULATE ACADEMIC, GOVERNMENTAL AND PRIVATE SECTOR SUPPORT OF AND COOPERATION WITH SUCH RESEARCH; AND TO DEVELOP AEROSPACE RESEARCH AND GRADUATE EDUCATION RESOURCES IN OHIO.

Where $100 goes at Ohio Aerospace Institute

How Ohio Aerospace Institute divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
Aerospace research with specialized research teams in the areas of computational modeling, materials, structures, vehicle health monitoring and safety and space science and exploration technologies
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CFO & TREASU Chris Hocevar
CEO & PRESID Dennis Andersh
DIRECTOR Dr Carlos Grodsinsky
DIRECTOR Dr Christina Bloebaum
DIRECTOR Gail Doman-Smith
VP OF HR & S Leigh Oldham

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$320,071 7 grants
Research & Policy
$75,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $24.2M $23.2M $12.8M
2024 $17.1M $17.0M $14.2M
2023 $8.3M $9.2M $8.9M
2022 $8.8M $8.8M $8.8M
2021 $10.0M $10.4M $8.8M

Between 2021 and 2025, reported annual revenue grew from $10.0M to $24.2M (+142%), with total assets most recently reported at $12.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for OHIO AEROSPACE INSTITUTE

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