Civic Intelligence

MID Atlantic Air Museum Inc.

990 • Fiscal year 2020 • EIN 23-2159370

Dec 01, 2019 to Nov 30, 2020 • Filed on Aug 09, 2021

Organization ProfileWWW.MAAM.ORG

View Organization Page

11 Museum DriveReading, PA 19605

(610) 372-7333

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.09x

Higher debt load relative to assets than 39% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

1.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

8th percentile

-43%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

31st percentile

$76,800

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

19th percentile

-2.6%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-43%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets39th percentile

Assets

Down

$5,929,207

Down $157,333 (-2.6%) from 2019

Net Assets

Down

$5,409,436

Down $174,049 (-3.1%) from 2019

Liabilities

Up

$519,771

Up $16,716 (+3.3%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin8th percentile

Revenue

Down

$400,145

Down $306,596 (-43%) from 2019

Expenses

Up

$574,194

Up $14,008 (+2.5%) from 2019

Net Income

Down

-$174,049

Down $320,604 (-219%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,649,808Liabilities 2011: $137,606Net Assets 2011: $4,512,2022011Assets 2012: $4,713,121Liabilities 2012: $128,503Net Assets 2012: $4,584,6182012Assets 2013: $4,938,133Liabilities 2013: $193,785Net Assets 2013: $4,744,3482013Assets 2014: $5,051,588Liabilities 2014: $106,927Net Assets 2014: $4,944,6612014Assets 2015: $5,280,937Liabilities 2015: $302,547Net Assets 2015: $4,978,3902015Assets 2016: $5,634,643Liabilities 2016: $351,548Net Assets 2016: $5,283,0952016Assets 2017: $5,838,434Liabilities 2017: $330,387Net Assets 2017: $5,508,0472017Assets 2018: $5,970,476Liabilities 2018: $533,546Net Assets 2018: $5,436,9302018Assets 2019: $6,086,540Liabilities 2019: $503,055Net Assets 2019: $5,583,4852019Assets 2020: $5,929,207Liabilities 2020: $519,771Net Assets 2020: $5,409,4362020Assets 2021: $6,000,647Liabilities 2021: $447,794Net Assets 2021: $5,552,8532021Assets 2022: $6,120,360Liabilities 2022: $407,595Net Assets 2022: $5,712,7652022Assets 2023: $6,129,940Liabilities 2023: $358,877Net Assets 2023: $5,771,0632023Assets 2024: $6,350,807Liabilities 2024: $324,545Net Assets 2024: $6,026,2622024

Highlighted filing

2020

Assets$5,929,207
Liabilities$519,771
Net Assets$5,409,436
Open 2020 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,020,386Expenses 2011: $611,353Net Income 2011: $409,0332011Expenses 2012: $585,8002012Expenses 2013: $623,2882013Revenue 2014: $809,154Expenses 2014: $591,933Net Income 2014: $217,2212014Revenue 2015: $669,473Expenses 2015: $635,744Net Income 2015: $33,7292015Revenue 2016: $880,284Expenses 2016: $575,579Net Income 2016: $304,7052016Revenue 2017: $829,854Expenses 2017: $604,902Net Income 2017: $224,9522017Revenue 2018: $517,831Expenses 2018: $588,948Net Income 2018: -$71,1172018Revenue 2019: $706,741Expenses 2019: $560,186Net Income 2019: $146,5552019Revenue 2020: $400,145Expenses 2020: $574,194Net Income 2020: -$174,0492020Revenue 2021: $831,220Expenses 2021: $654,615Net Income 2021: $176,6052021Revenue 2022: $843,194Expenses 2022: $683,282Net Income 2022: $159,9122022Revenue 2023: $813,026Expenses 2023: $754,728Net Income 2023: $58,2982023Revenue 2024: $912,094Expenses 2024: $656,895Net Income 2024: $255,1992024

Highlighted filing

2020

Revenue$400,145
Expenses$574,194
Net Income-$174,049
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2019 to Nov 30, 2020
Signed
Aug 9, 2021
Return Version
2019v5.2
Gross Receipts
$444,869
Mission and Program Overview

Mission

The museum's collection emphasizes the mid atlantic region's unique contribution to flight, but is broad enough to chronicle a general history of aviation, including milatary aviation. The museum's collections are cared for according to established museum practices. Historically accurate aircraft restoration and limited demonstration flying are special missions undertaken by the museum.

The mid atlantic air museum was organized to ensure the professional stewardship of a collection that reflects the history of aviation and to enhance the public's apreciation and understanding of that history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$652,327$600,346▼ $51,981
Pledges and Grants Receivable$185,987$165,502▼ $20,485
Intangible Assets$105,651$93,576▼ $12,075
Inventories for Sale or Use$82,255$84,686▲ $2,431
Savings and Temporary Cash Investments$145,336$71,543▼ $73,793
Loans From Officers Directors$44,500$44,500→ $0
Prepaid Expenses and Deferred Charges$14,282$11,952▼ $2,330
Total Assets$6,086,540$5,929,207▼ $157,333
Other Assets Total$4,900,702$4,901,602▲ $900
Liabilities
Mortgage Notes Payable Secured by Investment Property$441,030$475,222▲ $34,192
Accounts Payable and Accrued Expenses$17,525$49▼ $17,476
Total Liabilities$503,055$519,771▲ $16,716
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,336,326$5,243,934▼ $92,392
Net Assets With Donor Restrictions$247,159$165,502▼ $81,657
Total Net Assets Fund Balance$5,583,485$5,409,436▼ $174,049
Total Liabilities and Net Assets / Fund Balance$6,086,540$5,929,207▼ $157,333

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$546,557$404,258$950,815
Equipment$0$657,250$657,250
Buildings$53,789$6,818$60,607
Other Assets Org$4,901,602--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Russell StrineChairmanFT$76,800$76,800
Brenda SaylorSecretary TreasurerPT$65,600$65,600

Board Members and Trustees

NameTitle
James PusateriDirector
Jeffrey ArentzDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$301,162
Program Service Revenue
$939
Investment Income
$10
Other Revenue
$98,034
All Other Contributions
$256,712
Change in Net Assets
$-174,049

Audited Revenue Reconciliation

Revenue per Audited Statements
$400,145
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$44,724
Total Revenue per Audited Statements
$444,869
Total Revenue per Form 990
$400,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$374,983
Salaries, Compensation, and Employee Benefits$183,709
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$133,461$19,582-$153,043
Current Officers, Directors, Trustees, and Key Employees$142,400--$142,400
Depreciation Depletion$64,850--$64,850
Interest$21,407--$21,407
Other Salaries and Wages$20,484--$20,484
Benefits to Members$15,502--$15,502
Insurance$14,308$872-$15,180
Office Expenses-$14,723-$14,723
Payroll Taxes$12,979--$12,979
Fees for Services Accounting-$9,282-$9,282
Other Employee Benefits$7,846--$7,846
Advertising$5,097--$5,097
Other Expenses$17,918$4,395-$4,395
All Other Expenses$3,538--$3,538
Total Functional Expenses$519,790$54,404$0$574,194

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$618,918
Expenses per Audited Statements$574,194
Total Expenses per Form 990$574,194
Expenses Not Reported on Form 990$44,724
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$84,999
Fundraising Direct Expenses$25,141
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$44,500$44,500→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The accountant prepares the form 990, and it is made available to the members of the board of directors for their review and approval before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The organization distributes a conflict of interest statement annually to all board members which describes what may constitute a conflict of interest and must be signed and dated by the board members indicating that no such conflict exists. No conflicts arose during the year ended november 30, 2019.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available for inspection by the public at its officers upon request.”

Filing and Contact Details

Filer

Filer Name
Mid Atlantic Air Museum
EIN
23-2159370
Phone
6103727333
Address
11 MUSEUM DRIVE, READING, PA 19605

Signing Officer

Name
Russell Strine
Title
President
Phone
6103727333
Signed
2021-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell Strine
Formed
1980
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
2
Employees
3
Volunteers
50

Preparer

Firm
Alan Ross & Company Pc
Address
10 HEARTHSTONE CT, READING, PA 19606-3054
Preparer
Alan D Ross CPA
Phone
6107799555
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management of the museum considers the liklihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur upon examination by tax authorities, including changes to the museum's status as a not-for-profit entity. Management believes the museum met the reuqirements to maintain its tax-exempt status and has not identified any uncertain tax positions subject to the unrelated business income tax that require recognition or disclosure in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Museum store cost of goods sold fundraising events direct costs”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Museum store cost of goods sold fundraising events direct costs”

Raw XML AppendixShowing 400 of 419 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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IRS990/PYOtherRevenueAmt0556710
IRS990/PYProgramServiceRevenueAmt019187
IRS990/PYRevenuesLessExpensesAmt0146555
IRS990/PYSalariesCompEmpBnftPaidAmt0178847
IRS990/PYTotalExpensesAmt0560186
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0706741
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-174049
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt010839
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0145336
IRS990/SavingsAndTempCashInvstGrp/EOYAmt071543
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0301162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0157174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0260609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt094012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0911488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0451
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0675
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01236
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02372
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02088026
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt034791
IRS990ScheduleA/OtherIncome170Grp/TotalAmt034791
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96080
IRS990ScheduleA/PublicSupportPY170Pct00.99660
IRS990ScheduleA/PublicSupportTotal170Amt0911488
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0301162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0157174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0260609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt094012
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0911488
IRS990ScheduleA/TotalSupportAmt0948651
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt04901602
IRS990ScheduleD/BuildingsGrp/BookValueAmt053789
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06818
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt060607
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0657250
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0657250
IRS990ScheduleD/ExpensesNotReportedAmt044724
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0574194
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0546557
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0404258
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0950815
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04901602
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MUSEUM AIRCRAFT COLLECTION
IRS990ScheduleD/OtherExpensesIncludedAmt044724
IRS990ScheduleD/OtherRevenueAmt044724
IRS990ScheduleD/RevenueNotReportedAmt044724
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0400145
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE MUSEUM CONSIDERS THE LIKLIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE MUSEUM'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE MUSEUM MET THE REUQIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MUSEUM STORE COST OF GOODS SOLD FUNDRAISING EVENTS DIRECT COSTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2MUSEUM STORE COST OF GOODS SOLD FUNDRAISING EVENTS DIRECT COSTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0600346
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04901602
IRS990ScheduleD/TotalExpensesPerForm990Amt0574194
IRS990ScheduleD/TotalRevenuePerForm990Amt0400145
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0444869
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0618918
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt044500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ADVANCES FOR CASH FLOW NEEDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt044500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JEFFREY ARENTZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt044500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTANT PREPARES THE FORM 990, AND IT IS MADE AVAILABLE TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DISTRIBUTES A CONFLICT OF INTEREST STATEMENT ANNUALLY TO ALL BOARD MEMBERS WHICH DESCRIBES WHAT MAY CONSTITUTE A CONFLICT OF INTEREST AND MUST BE SIGNED AND DATED BY THE BOARD MEMBERS INDICATING THAT NO SUCH CONFLICT EXISTS. NO CONFLICTS AROSE DURING THE YEAR ENDED NOVEMBER 30, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR INSPECTION BY THE PUBLIC AT ITS OFFICERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06086540
IRS990/TotalAssetsEOYAmt05929207
IRS990/TotalAssetsGrp/BOYAmt06086540
IRS990/TotalAssetsGrp/EOYAmt05929207
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0301162
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054404
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0519790
IRS990/TotalFunctionalExpensesGrp/TotalAmt0574194
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0503055
IRS990/TotalLiabilitiesEOYAmt0519771
IRS990/TotalLiabilitiesGrp/BOYAmt0503055
IRS990/TotalLiabilitiesGrp/EOYAmt0519771
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05583485
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05409436
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0519790
IRS990/TotalProgramServiceRevenueAmt0939
IRS990/TotalReportableCompFromOrgAmt0142400
IRS990/TotalRevenueGrp/ExclusionAmt059858
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt039125
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0400145
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06086540
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05929207
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011 MUSEUM DRIVE
IRS990/USAddress/CityNm0READING
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019605
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.MAAM.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RUSSELL STRINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06103727333
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID ATLANTIC AIR MUSEUM
ReturnHeader/Filer/BusinessNameControlTxt0MIDA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,929,207
Liabilities
$519,771
Net assets
$5,409,436
Revenue
$400,145
Expenses
$574,194
Net income
-$174,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.35$0.32$6.03$0.91$0.66$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.13$0.36$5.77$0.81$0.75$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.12$0.41$5.71$0.84$0.68$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.00$0.45$5.55$0.83$0.65$0.18
2020Detailed filing. Detailed filing data is available for this year.$5.93$0.52$5.41$0.40$0.57$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.09$0.50$5.58$0.71$0.56$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.97$0.53$5.44$0.52$0.59$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$0.33$5.51$0.83$0.60$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.63$0.35$5.28$0.88$0.58$0.30
2015Detailed filing. Detailed filing data is available for this year.$5.28$0.30$4.98$0.67$0.64$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.05$0.11$4.94$0.81$0.59$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$0.19$4.74$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$0.13$4.58$0.59
2011Summary only. Only limited summary data is available for this year.$4.65$0.14$4.51$1.02$0.61$0.41