Nonprofit · EIN 23-2159370
MID ATLANTIC AIR MUSEUM INC
Tax-exempt · READING, PA 19605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $912,094 | $656,895 | $255,199 | $6,350,807 | $324,545 | $6,026,262 |
| December 31, 2023 | 990 | $813,026 | $754,728 | $58,298 | $6,129,940 | $358,877 | $5,771,063 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $240,982
- Membership dues
- $47,274
- Program service revenue
- $0
- Investment income
- $921
- Net rental income
- $8,193
- Net income from fundraising events
- $613,858
- Net income from sales of inventory
- $45,997
- Other revenue
- $670,191
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $31,849
- Compensation of officers, directors and key employees
- $83,200
- Other salaries and wages
- $95,700
- Salaries, compensation and benefits (total)
- $207,769
- Professional fundraising fees
- $0
- Accounting fees
- $5,500
- Occupancy
- $190,944
- Travel
- $415
- Depreciation
- $69,709
- Program services (functional)
- $584,626
- Management and general (functional)
- $72,269
Balance sheet and other
- Total assets, start of year
- $6,129,940
- Total assets, end of year
- $6,350,807
- Total liabilities, end of year
- $324,545
- Net assets, end of year
- $6,026,262
- Land, buildings and equipment
- $542,983
- Net assets without donor restrictions
- $5,949,346
- Net assets with donor restrictions
- $76,916
- Gross receipts
- $1,627,520
- Employees
- 4
- Volunteers
- 0
- Year formed
- 1980
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL STRINE | CHAIRMAN Trustee or director, Officer | 40 | $83,200 |
| JAMES PUSATERI | DIRECTOR Trustee or director | 2 | $0 |
| JEFFREY ARENTZ | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL STRINE | CHAIRMAN Trustee or director, Officer | 40 | $89,600 |
| JAMES PUSATERI | DIRECTOR Trustee or director | 2 | $0 |
| JEFFREY ARENTZ | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 110 AIR MUSEUM DR, READING, PA 19605-9472
- Principal officer (990 for 2024)
- RUSSELL STRINE, 11 MUSEUM DRIVE, READING, PA 19605
- Signed the 990
- RUSSELL STRINE, PRESIDENT
- Phone
- (610) 372-7333
- Website
- WWW.MAAM.ORG
- Return prepared by
- ALAN ROSS & COMPANY PC
Mission
THE MUSEUM'S COLLECTION EMPHASIZES THE MID ATLANTIC REGION'S UNIQUE CONTRIBUTION TO FLIGHT, BUT IS BROAD ENOUGH TO CHRONICLE A GENERAL HISTORY OF AVIATION, INCLUDING MILATARY AVIATION. THE MUSEUM'S COLLECTIONS ARE CARED FOR ACCORDING TO ESTABLISHED MUSEUM PRACTICES. HISTORICALLY ACCURATE AIRCRAFT RESTORATION AND LIMITED DEMONSTRATION FLYING ARE SPECIAL MISSIONS UNDERTAKEN BY THE MUSEUM.
Program accomplishments
- MUSEUM ADMISSIONS - EDUCATES THE PUBLIC ON THE CONTRIBUTION VINTAGE AIRCRAFT HAVE ON AVIATION HISTORY.Expenses $578,126
- SCHOLARSHIP ISSUED IN MEMORY OF FORMER OFFICER.Expenses $6,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2159370
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A540)
- Assets (IRS master file)
- $6,350,807
- Income (IRS master file)
- $1,627,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $912,094 | $656,895 | $6,350,807 | IRS |
| 990 | December 2023 | $813,026 | $754,728 | $6,129,940 | XML |
| 990 | December 2022 | $843,194 | $683,282 | $6,120,360 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | November 2020 | – | – | – | IRS |
| 990 | November 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2159370).
Questions about MID ATLANTIC AIR MUSEUM INC
- What is the EIN of MID ATLANTIC AIR MUSEUM INC?
- The employer identification number (EIN) of MID ATLANTIC AIR MUSEUM INC is 23-2159370.
- Is MID ATLANTIC AIR MUSEUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to MID ATLANTIC AIR MUSEUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MID ATLANTIC AIR MUSEUM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MID ATLANTIC AIR MUSEUM INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MID ATLANTIC AIR MUSEUM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MID ATLANTIC AIR MUSEUM INC?
- The 990 for the year ended December 31, 2024 names RUSSELL STRINE.
- Who are the officers and directors of MID ATLANTIC AIR MUSEUM INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $83,200 (RUSSELL STRINE, CHAIRMAN).
- How much revenue does MID ATLANTIC AIR MUSEUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $912,094, expenses of $656,895 and total assets of $6,350,807 at year end.
Other nonprofits in READING
- FOUNDATION FOR THE READING PUBLIC MUSEUM EIN 23-2563964 · last filed 990 for 2024
- YOCUM INSTITUTE FOR ARTS EDUCATION INC EIN 23-1365985 · last filed 990 for 2025
- READING SYMPHONY ORCHESTRA ASSN EIN 23-1741046 · last filed 990 for 2025
- GOGGLE WORKS EIN 41-2165262 · last filed 990 for 2025
- BERKS ARTS COUNCIL EIN 23-7366925 · last filed 990 for 2024
- READING MUSICAL FOUNDATION EIN 23-1472487 · last filed 990 for 2025
- READING SCIENCE CENTER EIN 82-5063856 · last filed 990 for 2025
- PLAY PA LIVE INC EIN 99-4097837 · last filed 990 for 2025
All nonprofits in READING · Pennsylvania · Arts, culture and humanities