Civic Intelligence

Air Zoo Legacy Foundation

990 • Fiscal year 2016 • EIN 26-3537678

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

Organization ProfileWWW.AIRZOO.ORG

Refreshing map…

6151 Portage RoadPortage, MI 49002

(269) 382-6555

Siviq Scores

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

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

0.27x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

3rd percentile

-113%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

43rd percentile

0.8%

Faster asset growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$45,064,856

Up $371,924 (+0.8%) from 2015

Net Assets

Up

$44,772,828

Up $108,696 (+0.2%) from 2015

Liabilities

Up

$292,028

Up $263,228 (+914%) from 2015

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin3rd percentile

Revenue

Down

$1,075,463

Down $3,366,080 (-76%) from 2015

Expenses

Up

$2,295,308

Up $104,877 (+4.8%) from 2015

Net Income

Down

-$1,219,845

Down $3,470,957 (-154%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$100M$50M$0Assets 2011: $1,354,296Liabilities 2011: $0Net Assets 2011: $1,354,2962011Assets 2012: $37,040,394Liabilities 2012: $0Net Assets 2012: $37,040,3942012Assets 2013: $42,555,702Liabilities 2013: $0Net Assets 2013: $42,555,7022013Assets 2014: $45,247,962Liabilities 2014: $0Net Assets 2014: $45,247,9622014Assets 2015: $44,692,932Liabilities 2015: $28,800Net Assets 2015: $44,664,1322015Assets 2016: $45,064,856Liabilities 2016: $292,028Net Assets 2016: $44,772,8282016Assets 2017: $50,725,989Liabilities 2017: $225,673Net Assets 2017: $50,500,3162017Assets 2018: $51,165,085Liabilities 2018: $260,051Net Assets 2018: $50,905,0342018Assets 2019: $63,229,262Liabilities 2019: $74,012Net Assets 2019: $63,155,2502019Assets 2021: $89,399,860Liabilities 2021: $2,500Net Assets 2021: $89,397,3602021Assets 2022: $66,478,144Liabilities 2022: $35,961Net Assets 2022: $66,442,1832022Assets 2024: $85,016,724Liabilities 2024: $0Net Assets 2024: $85,016,7242024

Highlighted filing

2016

Assets$45,064,856
Liabilities$292,028
Net Assets$44,772,828
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,159,8192011Expenses 2012: $2,278,8062012Revenue 2013: $1,005,719Expenses 2013: $2,028,231Net Income 2013: -$1,022,5122013Revenue 2014: $2,231,822Expenses 2014: $1,747,447Net Income 2014: $484,3752014Revenue 2015: $4,441,543Expenses 2015: $2,190,431Net Income 2015: $2,251,1122015Revenue 2016: $1,075,463Expenses 2016: $2,295,308Net Income 2016: -$1,219,8452016Revenue 2017: $2,247,921Expenses 2017: $2,881,052Net Income 2017: -$633,1312017Revenue 2018: $2,775,579Expenses 2018: $2,909,502Net Income 2018: -$133,9232018Revenue 2019: $5,798,672Expenses 2019: $3,436,786Net Income 2019: $2,361,8862019Revenue 2021: $9,308,646Expenses 2021: $3,500,594Net Income 2021: $5,808,0522021Revenue 2022: $2,041,664Expenses 2022: $4,053,746Net Income 2022: -$2,012,0822022Revenue 2024: $10,028,926Expenses 2024: $3,784,442Net Income 2024: $6,244,4842024

Highlighted filing

2016

Revenue$1,075,463
Expenses$2,295,308
Net Income-$1,219,845
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$4,566,446
Mission and Program Overview

Mission

The foundation is organized and operated exclusively to support the charitable and educational activities of the air zoo.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,800,034$32,577,215▲ $4,777,181
Investments Other Securities$14,375,585$9,066,020▼ $5,309,565
Savings and Temporary Cash Investments$1,878,479$2,646,725▲ $768,246
Investments Program Related$600,000$436,000▼ $164,000
Cash and Non-Interest-Bearing Accounts$6,837$322,613▲ $315,776
Pledges and Grants Receivable$28,800$0▼ $28,800
Accounts Receivable$3,197$16,283▲ $13,086
Total Assets$44,692,932$45,064,856▲ $371,924
Liabilities
Deferred Revenue$0$291,238▲ $291,238
Other Liabilities$28,800$790▼ $28,010
Total Liabilities$28,800$292,028▲ $263,228
Net Assets / Fund Balance
Permanently Rstr Net Assets$36,294,044$36,294,044→ $0
Temporarily Rstr Net Assets$8,339,084$8,426,115▲ $87,031
Unrestricted Net Assets$31,004$52,669▲ $21,665
Total Net Assets Fund Balance$44,664,132$44,772,828▲ $108,696
Total Liabilities and Net Assets / Fund Balance$44,692,932$45,064,856▲ $371,924

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,633,795--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$44,022,572-▲ $2,014,004$1,725,008$44,261,804
2015$44,591,581$1,000▲ $1,362,137$1,880,900$44,022,572
2014$41,881,400-▲ $4,337,737$1,579,120$44,591,581
2013$36,280,975-▲ $7,414,397$1,629,060$41,881,400
2012$1,294,044$35,000,000▲ $586,931$600,000$36,280,975
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Jon BowersPresident
Preston S ParishVice President
Barbara L JamesTrustee
William B MillardTrustee
Ronald N KilgoreSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
William Blair & Company LLCInvestment Management222 WEST ADAMS STREET 14TH FLOOR, Chicago, IL 60606-9547$157,411
Revenue and Support

Revenue Composition

Contributions and Grants
$387,543
Program Service Revenue
$0
Investment Income
$687,920
Other Revenue
$0
All Other Contributions
$387,543
Change in Net Assets
$-1,219,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,086,956
Other Expenses$208,352
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,086,956--$2,086,956
Fees for Service Investment Mgmnt Fees$208,024--$208,024
All Other Expenses$328--$328
Total Functional Expenses$2,295,308$0$0$2,295,308
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Kalamazoo Aviation History MuseumPortage, MI501(c)(3)TO SUPPORT THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES.$2,086,956
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$790
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“THE ORGANIZaTION'S SOLE MEMBER IS THE KALAMAZOO AVIATION HISTORY MUSEUM.”

Form 990, Part VI, Section A, line 7A

“The kalamazoo aviation history museum, the sole member, has the ability to appoint and replace board members”

Form 990, Part VI, Section A, line 7B

“The kalamazoo aviation history museum, the sole member, has the power to remove members of the governing body.”

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

“No review was or will be conducted by the full board prior to filing the 990. Due to the timing of the board meetings, the 990 is discussed after the form is filed.”

Form 990, Part VI, Section C, line 19

“Documents open to public inspection are available upon request.”

Filing and Contact Details

Filer

Filer Name
Air Zoo Legacy Foundation
EIN
26-3537678
Phone
2693826555
Address
6151 PORTAGE ROAD, PORTAGE, MI 49002

Signing Officer

Name
Ronald N Kilgore
Title
Secretary/treasurer
Phone
2693826555
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Bowers
Formed
2008
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Plante & Moran Pllc
Address
750 Trade Centre Way Ste 300, Portage, MI 49002
Preparer
James G Thompson CPA
Phone
2695674500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There has been no change in the process since the prior year.”

Financial Statement Notes

Part V, Line 4:

“The endowment fund income is used in the manner directed by the donors when the fund was established, to support the charitable and educational activities of the kalamzoo aviation history museum (air zoo).”

Part X, Line 2:

“The Museum and the The Air Zoo Legacy Foundation are exempt from income tax under provisions of Internal Revenue Code Section 501(c)(3). Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Museum and recognize a tax liability if the Museum has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities”

Raw XML AppendixShowing 400 of 446 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt03197
IRS990/AccountsReceivableGrp/EOYAmt016283
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE AIR ZOO.
IRS990/AllOtherContributionsAmt0387543
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0328
IRS990/AllOtherExpensesGrp/TotalAmt0328
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0NATE MELVIN
IRS990/BooksInCareOfDetail/PhoneNum02693826555
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06151 PORTAGE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTAGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049002
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt06837
IRS990/CashNonInterestBearingGrp/EOYAmt0322613
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0157411
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0222 WEST ADAMS STREET 14TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0606069547
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WILLIAM BLAIR & COMPANY LLC
IRS990/ContractorCompensationGrp/ServicesDesc0INVESTMENT MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0387543
IRS990/CYGrantsAndSimilarPaidAmt02086956
IRS990/CYInvestmentIncomeAmt0687920
IRS990/CYOtherExpensesAmt0208352
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1219845
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02295308
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01075463
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt0291238
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE KALAMAZOO AVIATION HISTORY MUSEUM (AIR ZOO).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02295308
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt0208024
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0208024
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JON BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm1PRESTON S PARISH
IRS990/Form990PartVIISectionAGrp/PersonNm2RONALD N KILGORE
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM B MILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm4Barbara L James
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt018640
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt02086956
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02086956
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02086956
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03509623
IRS990/GrossReceiptsAmt04566446
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0669280
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0669280
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt014375585
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt09066020
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0600000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0436000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027800034
IRS990/InvestmentsPubTradedSecGrp/EOYAmt032577215
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03490983
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE AIR ZOO.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt044664132
IRS990/NetAssetsOrFundBalancesEOYAmt044772828
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt018640
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt018640
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01328541
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt028800
IRS990/OtherLiabilitiesGrp/EOYAmt0790
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt036294044
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt036294044
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028800
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JON BOWERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0244296
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01975425
IRS990/PYInvestmentIncomeAmt04197247
IRS990/PYOtherExpensesAmt0215006
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02251112
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02190431
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04441543
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1219845
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01878479
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02646725
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0382144402
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02086956
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE KALAMAZOO AVIATION HISTORY MUSEUM
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt02086956
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/CYEndwmtFundGrp/AdministrativeExpensesAmt049764
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt044022572
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt044261804
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02014004
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01725008
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt051246
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt044591581
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt044022572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01362137
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01880900
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt048436
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt041881400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt044591581
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04337737
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt01579120
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0184912
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt036280975
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt041881400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07414397
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01629060
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01294044
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt035000000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt036280975
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0586931
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0600000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04432225
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14633795
IRS990ScheduleD/OtherSecuritiesGrp/Desc0William Blair Fixed Income
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Berwyn Fd Inc Income Fd
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.82000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND INCOME IS USED IN THE MANNER DIRECTED BY THE DONORS WHEN THE FUND WAS ESTABLISHED, TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE KALAMZOO AVIATION HISTORY MUSEUM (AIR ZOO).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Museum and the The Air Zoo Legacy Foundation are exempt from income tax under provisions of Internal Revenue Code Section 501(c)(3). Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Museum and recognize a tax liability if the Museum has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.18000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt09066020
IRS990ScheduleD/TotalLiabilityAmt0790
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt02086956
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE ORGANIZATION'S CHARITABLE AND EDUCATIONAL ACTIVITIES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE KALAMAZOO AVIATION HISTORY MUSEUM
IRS990ScheduleI/RecipientTable/RecipientEIN0382144402
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06151 PORTAGE ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PORTAGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049002
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZaTION'S SOLE MEMBER IS THE KALAMAZOO AVIATION HISTORY MUSEUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE KALAMAZOO AVIATION HISTORY MUSEUM, THE SOLE MEMBER, HAS THE ABILITY TO APPOINT AND REPLACE BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE KALAMAZOO AVIATION HISTORY MUSEUM, THE SOLE MEMBER, HAS THE POWER TO REMOVE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED BY THE FULL BOARD PRIOR TO FILING THE 990. DUE TO THE TIMING OF THE BOARD MEETINGS, THE 990 IS DISCUSSED AFTER THE FORM IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS OPEN TO PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAS BEEN NO CHANGE IN THE PROCESS SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE KALAMAZOO AVIATION HISTORY MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0382144402
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AVIATION MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06151 PORTAGE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PORTAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049002
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08339084
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt08426115
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt044692932
IRS990/TotalAssetsEOYAmt045064856
IRS990/TotalAssetsGrp/BOYAmt044692932
IRS990/TotalAssetsGrp/EOYAmt045064856
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0387543
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02295308
IRS990/TotalFunctionalExpensesGrp/TotalAmt02295308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028800
IRS990/TotalLiabilitiesEOYAmt0292028
IRS990/TotalLiabilitiesGrp/BOYAmt028800
IRS990/TotalLiabilitiesGrp/EOYAmt0292028
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt044664132
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044772828
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02295308
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0687920
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01075463
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt044692932
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045064856
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,064,856
Liabilities
$292,028
Net assets
$44,772,828
Revenue
$1,075,463
Expenses
$2,295,308
Net income
-$1,219,845
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$85.0$0.00$85.0$10.0$3.78$6.24
2022Summary only. Only limited summary data is available for this year.$66.5$0.04$66.4$2.04$4.05$2.01
2021Summary only. Only limited summary data is available for this year.$89.4$0.00$89.4$9.31$3.50$5.81
2019Summary only. Only limited summary data is available for this year.$63.2$0.07$63.2$5.80$3.44$2.36
2018Summary only. Only limited summary data is available for this year.$51.2$0.26$50.9$2.78$2.91$0.13
2017Summary only. Only limited summary data is available for this year.$50.7$0.23$50.5$2.25$2.88$0.63
2016Detailed filing. Detailed filing data is available for this year.$45.1$0.29$44.8$1.08$2.30$1.22
2015Summary only. Only limited summary data is available for this year.$44.7$0.03$44.7$4.44$2.19$2.25
2014Summary only. Only limited summary data is available for this year.$45.2$0.00$45.2$2.23$1.75$0.48
2013Summary only. Only limited summary data is available for this year.$42.6$0.00$42.6$1.01$2.03$1.02
2012Summary only. Only limited summary data is available for this year.$37.0$0.00$37.0$2.28
2011Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$1.16