Civic Intelligence

Illinois Aviation Museum at Bolingbrook

EIN 20-1040122 • 501(c)3 • Bolingbrook, IL

Profile

Operation of not-for-profit aviation museum and related programs.

130 S Clow International ParkwayBolingbrook, IL 60490

www.illinoisaviationmuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

4.2%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

-4.7%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$210,503

Up $8,463 (+4.2%) from 2023

Liabilities

$361

No earlier filing loaded for comparison.

Net Assets

Up

$210,142

Up $8,102 (+4.0%) from 2023

Revenue

Down

$58,037

Down $2,845 (-4.7%) from 2023

Expenses

Down

$45,096

Down $18,113 (-29%) from 2023

Net Income

Up

$12,941

Up $15,268 (+656%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $58,526Net Assets 2011: $58,5262011Assets 2012: $70,411Net Assets 2012: $70,4112012Assets 2013: $76,429Net Assets 2013: $76,4292013Assets 2014: $80,666Net Assets 2014: $80,6662014Assets 2015: $89,851Net Assets 2015: $89,8512015Assets 2016: $90,648Net Assets 2016: $90,6482016Assets 2017: $114,980Net Assets 2017: $114,9802017Assets 2018: $142,681Net Assets 2018: $142,6812018Assets 2019: $167,040Net Assets 2019: $167,0402019Assets 2020: $176,112Liabilities 2020: $2,369Net Assets 2020: $173,7432020Assets 2021: $214,930Liabilities 2021: $36Net Assets 2021: $214,8942021Assets 2022: $204,364Net Assets 2022: $204,3642022Assets 2023: $202,040Net Assets 2023: $202,0402023Assets 2024: $210,503Liabilities 2024: $361Net Assets 2024: $210,1422024

Highlighted filing

2024

Assets$210,503
Liabilities$361
Net Assets$210,142

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $23,140Expenses 2011: $15,279Net Income 2011: $7,8612011Revenue 2012: $29,131Expenses 2012: $17,247Net Income 2012: $11,8842012Revenue 2013: $22,730Expenses 2013: $16,712Net Income 2013: $6,0182013Revenue 2014: $35,460Expenses 2014: $31,222Net Income 2014: $4,2382014Revenue 2015: $34,374Expenses 2015: $25,189Net Income 2015: $9,1852015Revenue 2016: $38,136Expenses 2016: $37,339Net Income 2016: $7972016Revenue 2017: $67,759Expenses 2017: $43,428Net Income 2017: $24,3312017Revenue 2018: $55,774Expenses 2018: $28,073Net Income 2018: $27,7012018Revenue 2019: $78,710Expenses 2019: $54,350Net Income 2019: $24,3602019Revenue 2020: $39,469Expenses 2020: $32,766Net Income 2020: $6,7032020Revenue 2021: $93,007Expenses 2021: $48,265Net Income 2021: $44,7422021Revenue 2022: $58,102Expenses 2022: $68,632Net Income 2022: -$10,5302022Revenue 2023: $60,882Expenses 2023: $63,209Net Income 2023: -$2,3272023Revenue 2024: $58,037Expenses 2024: $45,096Net Income 2024: $12,9412024

Highlighted filing

2024

Revenue$58,037
Expenses$45,096
Net Income$12,941

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.10$0.58$0.45$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.02$2.02$0.61$0.63$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.04$2.04$0.58$0.69$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.93$0.48$0.45
2020Detailed filing. Detailed filing data is available for this year.$1.76$0.02$1.74$0.39$0.33$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.67$1.67$0.79$0.54$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.43$1.43$0.56$0.28$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.15$1.15$0.68$0.43$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.91$0.38$0.37$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.34$0.25$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.81$0.35$0.31$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.76$0.76$0.23$0.17$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.70$0.29$0.17$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.59$0.23$0.15$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.0
Gross Receipts
$58,037
Mission and Program Overview

Mission

Operation of not-for-profit aviation museum and related programs.

Program Services

DescriptionGrantsExpenses
OPERATION OF MUSEUM AT 130 S. CLOW INTERNATIONAL PARKWAY, BOLINGBROOK, IL 60490. EXHIBITION OF HISTORICAL AIRCRAFT, NO ADMISSION CHARGED-$38,727
RESTORATION AND MAINTENANCE OF HISTORICAL AIRCRAFT.-$4,305
AVIATION SAFETY TRAINING PROGRAMS AND SEMINARS.--
OPERATION OF MUSEUM AT 130 S. CLOW INTERNATIONAL PARKWAY, BOLINGBROOK, IL 60490. EXHIBITION OF HISTORICAL AIRCRAFT, NO ADMISSION CHARGED--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARRY GREENWICHPresident-$0--
BILL ANDERSONSecretary-$0--
ARZINIA WILLIAMSVice Preside-$0--
JOE DEPAULOTreasurer-$0--
DAN CHRISTINEDirector-$0--
ED MEYERDirector-$0--
JIM GOULDDirector-$0--
MARTI BARTONDirector-$0--
BOB COONDirector-$0--
CHRIS CHRISTINEDirector-$0--
WAYNE BRAZINSKIAdvisory Boa-$0--
COREY SODERQUISTAdvisory Boa-$0--
BOB MCKENZIEAdvisory Boa-$0--
KYLE MATHERSAdvisory Boa-$0--
BILLY HEARTHDirector-$0--
JAN LINDSEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Illinois Aviation Museum
EIN
20-1040122
Phone
6307711937
Address
130 S CLOW INTERNATIONAL PARKWAY, BOLINGBROOK, IL 60490

Signing Officer

Name
Joe Depaulo
Title
Treasurer
Phone
6307711937
Signed
2025-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Lerman Business Services Inc
Address
3550 HOBSON RD STE 401, WOODRIDGE, IL 60517
Preparer
Stuart P Lerman
Phone
6307191400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & promotion 1,769 office expense 2,790 meetings expense 116 insurance 8,727 bank charges 28 operations 2,034 dues and memberships 725 facilities expense 1,105 foreign taxes paid 11 licenses and permits 37 merchant fees 20 miscellaneous 4,056 preservation/restoration 4,305 purchases 11,318 meals 39 repairs and maintenance 291 special event expenses 1,187 telephone/internet 2,608 website 1,214 utilities 750 total 43,130

Form 990-ez, Part I, Line 20

Prior period adjustment -4,838

Form 990-ez, Part II, Line 24

Inventories 60,000 60,000 total 60,000 60,000

Form 990-ez, Part II, Line 26

Credit card payable 0 361

Form 990-ez, Part III, Line 31

Operation of museum at 130 s. Clow international parkway, bolingbrook, il 60490. Exhibition of historical aircraft, no admission charged

Raw XML Appendix202 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 1,769 OFFICE EXPENSE 2,790 MEETINGS EXPENSE 116 INSURANCE 8,727 BANK CHARGES 28 OPERATIONS 2,034 DUES AND MEMBERSHIPS 725 FACILITIES EXPENSE 1,105 FOREIGN TAXES PAID 11 LICENSES AND PERMITS 37 MERCHANT FEES 20 MISCELLANEOUS 4,056 PRESERVATION/RESTORATION 4,305 PURCHASES 11,318 MEALS 39 REPAIRS AND MAINTENANCE 291 SPECIAL EVENT EXPENSES 1,187 TELEPHONE/INTERNET 2,608 WEBSITE 1,214 UTILITIES 750 TOTAL 43,130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT -4,838
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