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Nonprofit · EIN 52-0799408

ACADEMY OF MODEL AERONAUTICS AMA

Tax-exempt · MUNCIE, IN 47302

Financials

$9.1M$10M2023$9.4M$10M2024
Revenue Expenses · by fiscal year end
Financials of ACADEMY OF MODEL AERONAUTICS AMA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,443,748$10,044,533-$600,785$15,623,745$7,846,567$7,777,178
December 31, 2023990$9,093,789$10,015,829-$922,040$15,398,326$7,965,503$7,432,823
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$58,001
Program service revenue
$7,977,887
Investment income
$528,287
Net rental income
$193,411
Net gain from sales of assets
$398,252
Net income from sales of inventory
$85,315
Other revenue
$879,573

Expenses

Grants and similar amounts paid
$52,645
Compensation of officers, directors and key employees
$326,211
Other salaries and wages
$2,560,141
Salaries, compensation and benefits (total)
$3,658,604
Professional fundraising fees
$0
Legal fees
$155,752
Accounting fees
$63,344
Occupancy
$495,109
Travel
$90,118
Depreciation
$349,916
Program services (functional)
$7,475,558
Management and general (functional)
$2,568,975

Balance sheet and other

Total assets, start of year
$15,398,326
Total assets, end of year
$15,623,745
Total liabilities, end of year
$7,846,567
Net assets, end of year
$7,777,178
Land, buildings and equipment
$3,675,884
Publicly traded securities
$8,316,758
Net assets without donor restrictions
$6,281,949
Net assets with donor restrictions
$1,495,229
Gross unrelated business income
$432,446
Gross receipts
$10,219,950
Employees
59
Volunteers
300
Year formed
1966
State of legal domicile
DC

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.

NameTitleHours / weekCompensationOther / benefits
CHAD BUDREAUPAST EXECUTIVE DIRECTOR
Officer
40$157,027$24,038
ROBERT KUREKCOMMUNICATION DIRECTOR
Highest-paid employee
40$106,667$18,943
TYLER DOBBSINTERIM EXECUTIVE DIRECTOR
Officer
40$99,527$13,425
SUE AHLBRANDCOMPTROLLER/ACCOUNTING MANAGER
Officer
40$69,657$10,195
RICH HANSONPRESIDENT
Trustee or director, Officer
20$0$0
ANDREW ARGENIOVICE PRESIDENT-DISTRICT 1
Trustee or director, Officer
2$0$0
ERIC WILLIAMSVICE PRESIDENT-DISTRICT 2
Trustee or director, Officer
2$0$0
MARK RADCLIFFVICE PRESIDENT-DISTRICT 3
Trustee or director, Officer
2$0$0
JAY MARSH IIIVICE PRESIDENT-DISTRICT 4
Trustee or director, Officer
2$0$0
RANDY CAMERONEXECUTIVE VICE PRESIDENT
Trustee or director, Officer
2$0$0
GARY HIMESVICE PRESIDENT-DISTRICT 6
Trustee or director, Officer
2$0$0
LAWRENCE HARVILLEVICE PRESIDENT-DISTRICT 8
Trustee or director, Officer
2$0$0
BRANDON KOCHVICE PRESIDENT-DISTRICT 9
Trustee or director, Officer
2$0$0
GREG STONEVICE PRESIDENT-DISTRICT 10
Trustee or director, Officer
2$0$0
PHIL TALLMANVICE PRESIDENT-DISTRICT 11
Trustee or director, Officer
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
ANDREW GRIFFITHVICE PRESIDENT-DISTRICT 5
Trustee or director, Officer
2$0
RANDY GIBSONVICE PRESIDENT-DISTRICT 7
Trustee or director, Officer
2$0
AMY SPOWARTNAA REPRESENTATIVE
Trustee or director, Officer
2$0
RANDY ADAMSVICE PRESIDENT-DISTRICT 3
Trustee or director, Officer
2$0
MARC GUERRACHIEF FINANCIAL OFFICER
Officer
2$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
CHAD BUDREAUEXECUTIVE DIRECTOR
Officer
40$132,018$23,492
ROBERT KUREKCOMMUNICATION DIRECTOR
Highest-paid employee
40$105,467$17,568
JOYCE HAGERADMIN SENIOR DIRECTOR (RET)
Officer
40$79,650$9,741
VICKI BARKDULLPAST CONTROLLER
Officer
40$21,331$3,148
SUE AHLBRANDCONTROLLER
Officer
40$15,080$511
RICH HANSONPRESIDENT
Trustee or director, Officer
20$0$0
ANDREW ARGENIOVICE PRESIDENT-DISTRICT 1
Trustee or director, Officer
2$0$0
ERIC WILLIAMSVICE PRESIDENT-DISTRICT 2
Trustee or director, Officer
2$0$0
MARK RADCLIFFVICE PRESIDENT-DISTRICT 3
Trustee or director, Officer
2$0$0
JAY MARSH IIIVICE PRESIDENT-DISTRICT 4
Trustee or director, Officer
2$0$0
RANDY CAMERONEXECUTIVE VICE PRESIDENT
Trustee or director, Officer
2$0$0
GARY HIMESVICE PRESIDENT-DISTRICT 6
Trustee or director, Officer
2$0$0
LAWRENCE HARVILLEVICE PRESIDENT-DISTRICT 8
Trustee or director, Officer
2$0$0
BRANDON KOCHVICE PRESIDENT-DISTRICT 9
Trustee or director, Officer
2$0$0
GREG STONEVICE PRESIDENT-DISTRICT 10
Trustee or director, Officer
2$0$0
GREG PRINCIPATONAA REPRESENTATIVE
Trustee or director, Officer
2$0$0
PHIL TALLMANVICE PRESIDENT-DISTRICT 11
Trustee or director, Officer
2$0$0
ANDREW GRIFFITHVICE PRESIDENT-DISTRICT 5
Trustee or director, Officer
2$0$0
RANDY GIBSONVICE PRESIDENT-DISTRICT 7
Trustee or director, Officer
2$0$0
AMY SPOWARTNAA REPRESENTATIVE
Trustee or director, Officer
2$0$0
KEITH SESSIONSCFO
Officer
2$0$0

Address and contacts

Address (IRS master file)
5161 E MEMORIAL DR, MUNCIE, IN 47302-9050
Principal officer (990 for 2024)
TYLER DOBBS, 5151 EAST MEMORIAL DRIVE, MUNCIE, IN 47302
Signed the 990
CHAD BUDREAU, EXECUTIVE DIRECTOR
Phone
(765) 287-1256
Return prepared by
BRADY WARE & SCHOENFELD INC

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.

990 for the year ended December 31, 2024

Program accomplishments

  • DESIGNED TO ENCOURAGE BUILDING OF MODEL AIRCRAFT, DESIGNING, AND PARTICIPATION IN FLYING CONTESTS ON THE NATIONAL AND INTL LEVELS. MUSEUM AND LIBRARY ARE MAINTAINED TO FURTHER EDUCATE AND ASSIST MEMBERS. APPROXIMATELY 102,710 MEMBERS SERVED.
    Expenses $7,475,558 · grants $52,645 · revenue $8,231,603

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-0799408
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,623,745
Income (IRS master file)
$10,219,950

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,443,748$10,044,533$15,623,745XML
990-TDecember 2024–––IRS
990December 2023$9,093,789$10,015,829$15,398,326XML
990-TDecember 2023–––IRS
990December 2022$8,750,712$9,735,094$13,951,814IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 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 52-0799408).

Questions about ACADEMY OF MODEL AERONAUTICS AMA

What is the EIN of ACADEMY OF MODEL AERONAUTICS AMA?
The employer identification number (EIN) of ACADEMY OF MODEL AERONAUTICS AMA is 52-0799408.
Is ACADEMY OF MODEL AERONAUTICS AMA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to ACADEMY OF MODEL AERONAUTICS AMA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACADEMY OF MODEL AERONAUTICS AMA 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 ACADEMY OF MODEL AERONAUTICS AMA 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 ACADEMY OF MODEL AERONAUTICS AMA 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 ACADEMY OF MODEL AERONAUTICS AMA?
The 990 for the year ended December 31, 2024 names TYLER DOBBS.
Who are the officers and directors of ACADEMY OF MODEL AERONAUTICS AMA?
The 990 for the year ended December 31, 2024 lists 20 people; 4 received compensation from the organization, the highest $157,027 (CHAD BUDREAU, PAST EXECUTIVE DIRECTOR).
How much revenue does ACADEMY OF MODEL AERONAUTICS AMA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,443,748, expenses of $10,044,533 and total assets of $15,623,745 at year end.

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