Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 0.8% | — | — |
| Revenue growth | -19% | — | — |
| Accounting fee ratio | 0.5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Andrew Parks | $70,000 | $84,000 | $87,000 | $18,525 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
Preserves and educates about aviation history.
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Where the work happens
The lafayette foundation sees over 7000 visitors per year come through our museum where we give guided tours of our collection and displays. Our visitors are also able to view our aircraft collection and see flying demonstrations of the aircraft.
Every 3RD weekend in may, the museum holds a spring fly-in, open to the public, with 3-5,000 visitors in attendance. It offers living history demonstrations, free museum tours, quarterly guest speakers, and free flying demonstrations of world war I and world war ii aircraft.
Group tours are offered times per year. They include lunch, museum tour, and a flying deomonstration.
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest Viewing | $13K | $11K | -19% | 990 PDF |
| FY2023 | $16K | $136K | +544% | 990 PDF |
| FY2022 | $3K | $132K | -100% | 990 PDF |
| FY2021 | $644K | $127K | ×15 | 990 PDF |
| FY2020 | $44K | $47K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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