Public Charity

THE ACADEMY OF MODEL AERONAUTICS INC

THE ACADEMY OF MODEL AERONAUTICS INC, of MUNCIE, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $9.4M in revenue, $10.0M in expenses, $15.6M in total assets. 15 publicly reported grants to this organization, totaling roughly $823K, appear in IRS filings.

EIN: 520799408 MUNCIE, IN Recreational Clubs NTEE: N50 Latest filing: 2024
Total Revenue$9.4M
Total Expenses$10.0M
Total Assets$15.6M
Grant Records15
Funding Total$823K
Filing Years2020–2024

Mission

THE ACADEMY OF MODEL AERONAUTICS IS A WORLD-CLASS ASSOCIATION OF MODELERS ORGANIZED FOR THE PURPOSE OF PROMOTION, DEVELOPMENT, EDUCATION, ADVANCEMENT, AND SAFEGUARD OF MODELING ACTIVITIES. THE ACADEMY PROVIDES LEADERSHIP, ORGANIZATION, COMPETITION, COMMUNICATION, PROTECTION, REPRESENTATION, RECOGNITION, EDUCATION AND SCIENTIFIC/TECHNICAL DEVELOPMENT TO MODELERS.

Where $100 goes at The Academy of Model Aeronautics Inc

How The Academy of Model Aeronautics Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$73 Programs the work itself
$27 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 $73 for programs

$73
Designed to encourage building of model aircraft, designing, and participation in flying contests on the national and intl levels
All program spending · Reported in the filing: 102,710 members
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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

2024
CHARITABLE DONATION
$6,740
2024
GENERAL SUPPORT
$6,117
2024
For grant recipient's exempt purposes
$5,350
2023
GRANT FOR THE NATIONAL SITE, THE MUSEUM, SCHOLARSHIPS, AND EDUCATION
$117,423
2023
CHARITABLE DONATION
$10,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

NAA REPRESENTATIVE Amy Spowart
VICE PRESIDENT-DISTRICT 1 Andrew Argenio
VICE PRESIDENT-DISTRICT 5 Andrew Griffith
VICE PRESIDENT-DISTRICT 9 Brandon Koch
PAST EXECUTIVE DIRECTOR Chad Budreau
VICE PRESIDENT-DISTRICT 2 Eric Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$768,191 7 grants
General Support
$54,986 8 grants

Financial Trends

Year Revenue Expenses Assets
2024 $9.4M $10.0M $15.6M
2023 $9.1M $10.0M $15.4M
2022 $8.8M $9.7M $14.0M
2021 $9.5M $9.3M $16.5M
2020 $9.2M $9.0M $14.8M

Between 2020 and 2024, reported annual revenue grew from $9.2M to $9.4M (+3%), with total assets most recently reported at $15.6M.

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

See the full picture for THE ACADEMY OF MODEL AERONAUTICS INC

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