Civic Intelligence

Quonset Air Museum

EIN 22-3221296 • 501(c)3 • North Kingstown, RI

Profile

The museum houses a collection of historic aircraft on display for public viewing and education

Pobox 1571North Kingstown, RI 02852

www.quonsetairmuseum.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Flat

$0

Flat from 2017

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $12,500 (-100%) from 2017

Expenses

Down

$24,434

Down $4,251 (-15%) from 2017

Net Income

Down

-$24,434

Down $8,249 (-51%) from 2017

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2010: $115,500Liabilities 2010: $0Net Assets 2010: $115,5002010Assets 2011: $101,041Liabilities 2011: $0Net Assets 2011: $101,0412011Assets 2012: $119,824Liabilities 2012: $0Net Assets 2012: $119,8242012Assets 2013: $121,933Liabilities 2013: $0Net Assets 2013: $121,9332013Assets 2014: $110,982Liabilities 2014: $0Net Assets 2014: $110,9822014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth3rd percentile

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

$100K$50K$0-$50KExpenses 2010: $71,9662010Expenses 2011: $78,0812011Expenses 2012: $38,2092012Revenue 2013: $49,417Expenses 2013: $47,308Net Income 2013: $2,1092013Revenue 2014: $67,397Expenses 2014: $78,348Net Income 2014: -$10,9512014Revenue 2015: $25,141Expenses 2015: $64,021Net Income 2015: -$38,8802015Revenue 2016: $42,743Expenses 2016: $52,756Net Income 2016: -$10,0132016Revenue 2017: $12,500Expenses 2017: $28,685Net Income 2017: -$16,1852017Revenue 2018: $0Expenses 2018: $24,434Net Income 2018: -$24,4342018

Highlighted filing

2018

Revenue$0
Expenses$24,434
Net Income-$24,434
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$24,434
Net income
-$24,434
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.24$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.13$0.29$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.43$0.53$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.25$0.64$0.39
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.67$0.78$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.49$0.47$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 21, 2019
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

The museum houses a collection of historic aircraft on display for public viewing and education

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
John KanePresident
NATE O'DONNELLVice President
Barbara T FaheyTreasurer, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-24,434
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$0$11,848$0$11,848
All Other Expenses$0$9,584$0$9,584
Fees for Services Accounting$1,600$0$0$1,600
Insurance$622$622$0$1,244
Conferences and Meetings$0$158$0$158
Total Functional Expenses$2,222$22,212$0$24,434
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Quonset Air Museum
EIN
22-3221296
Phone
4012949540
Address
POBOX 1571, NORTH KINGSTOWN, RI 02852

Signing Officer

Name
Barbara Fahey
Title
Director
Phone
4012949540
Signed
2019-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Fahey
Formed
1992
Legal Domicile
Ri
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
14

Preparer

Firm
Ppa Llp
Address
469 Centerville Road Suite 203, Warwick, RI 02886
Preparer
Bernard A Poirier CPA
Phone
4017380010
Supplemental Narrative

Additional Explanations

Pt V, Line 3B

“Hanger Rental Income for non-museum aircraft”

Pt VI, Line 11B

“Treasurer reviews line by line with board members”

Pt VI, Line 19

“Mailed upon request”

Pt VI, Line 6

“Organizaion has a board of directors and dues paying members”

Pt VI, Line 7A

“board is elected by members annually”

Pt VI, Line 8B

“only board is authorized to act on behalf of the entity”

Pt VI, Line 12C

“enforced by exec director”

Pt III, Line 3

“Museum was forced to close due to extensive damage”

Form 990, Part IX, Line 24E

“Comdenmation expense 6589. 0. 6589. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous exp 2995. 0. 2995. 0.”

Financial Statement Notes

Pt III, Line 4

“Antique military aircraft for educational purpose”

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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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IRS990/TransactionWithControlEntInd0false
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IRS990/UponRequestInd0X
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IRS990/USAddress/ZIPCd002879
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.QUONSETAIRMUSEUM.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Barbara Fahey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04012949540
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUONSET AIR MUSEUM
ReturnHeader/Filer/BusinessNameControlTxt0QUON
ReturnHeader/Filer/EIN0223221296
ReturnHeader/Filer/PhoneNum04012949540
ReturnHeader/Filer/USAddress/AddressLine1Txt0POBOX 1571
ReturnHeader/Filer/USAddress/CityNm0NORTH KINGSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002852
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C1DDBD4D07D5DC07D006FFAE16E3F35C05074BA4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ABBDE6CBF8231BA864373BD92375CC5F860834F3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.97.28.154
ReturnHeader/FilingSecurityInformation/IPDt02019-03-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm007:37:52
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PPA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0469 Centerville Road Suite 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warwick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/PreparerPersonGrp/PhoneNum04017380010
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bernard A Poirier CPA
ReturnHeader/ReturnTs02019-03-26T07:38:00-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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