Public Charity

Reno Air Racing Association Inc

Reno Air Racing Association Inc, of Reno, NV, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.7M in revenue, $3.2M in expenses, $4.3M in total assets. 21 publicly reported grants to this organization, totaling roughly $908K, appear in IRS filings.

EIN: 880093380 Reno, NV Amateur Sports Competitions NTEE: N70 Latest filing: 2024
Total Revenue$2.7M
Total Expenses$3.2M
Total Assets$4.3M
Grant Records21
Funding Total$908K
Filing Years2019–2024

Mission

To produce a first-class air racing and air show event that celebrates and perpetuates the world's fastest motorsport. (Continued on Schedule O)Fueled by decades of success, we're committed to delivering a safe, entertaining and exhilarating experience for fans while also honoring our military, inspiring our youth and strengthening our community, economy and culture.

Where $100 goes at Reno Air Racing Association Inc

How Reno Air Racing Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$84 Programs the work itself
$16 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 $84 for programs

$84
The 2024 Reno Air Show hosted an audience of more than 40,000 attendees from around the country and world
All program spending · Reported in the filing: 40,000 attendees; 6,000 students; 16 adults
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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.

Officers & Directors

Director Bobbi Thompson
Director (Until Mar '24) Fay Gregory
Chairman/CEO Frederick Telling
Secretary Joey Scolari
Director (As of Oct '24) Jon Hitchcock
Treasurer Mark Bailey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$466,540 13 grants
Human & Social Services
$441,200 8 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $3.2M $4.3M
2023 $10.7M $6.6M $4.4M
2022 $5.1M $5.3M $595K
2020 $1.2M $1.1M $544K
2019 $4.8M $5.2M $605K

Between 2019 and 2024, reported annual revenue declined from $4.8M to $2.7M (-44%), with total assets most recently reported at $4.3M.

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

See the full picture for Reno Air Racing Association Inc

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