It was founded in the mid-1970s by former Pueblo City Manager Fred Weisbrod.
The hangars house several of the museum's aircraft along with thousands of artifacts dating from World War I to modern day.
The museum hosts periodic open cockpit days and fly ins at the neighboring Pueblo Memorial Airport.
PWAM houses an extensive collection of books and research material in the museum's library.
[1] In 2008, the museum requested funding from the county for the building of an additional hangar.