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. 10 publicly reported grants to this organization, totaling roughly $239K, appear in IRS filings.

EIN: 461336590 MUNCIE, IN Latest filing: 2024
Total Revenue$394K
Total Expenses$470K
Total Assets$2.1M
Grant Records10
Funding Total$239K
Filing Years2020–2024

Mission

TO SUPPORT THE VARIOUS EXEMPT ACTIVITIES OF THE ACADEMY OF MODEL AERONAUTICS, INC.

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

SUPPORT OF THE FOUNDATION
$132,161 1 grant
EXEMPT PURPOSES
$52,645 1 grant
For grant recipient's exempt purposes
$25,025 4 grants
GENERAL SUPPORT
$22,177 3 grants
Unrestricted
$6,600 1 grant

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.

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