Civic Intelligence

International Women'S Air & Space Museum Inc

EIN 31-0889469 • 501(c)3 • Cleveland, OH

Profile

The mission of the international women's air & space museum is to collect, preserve, and showcase the history and culture of women in all areas of aviation & aerospace; educate people of the world about their contributions; and inspire future generations by bringing the history to life.

1501 N Marginal Road Suite 165Cleveland, OH 44114

www.iwasm.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.28x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

1.05x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$45,424

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 21.9% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

41st percentile

-0.2%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-31%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$778,130

Down $1,480 (-0.2%) from 2023

Liabilities

Down

$217,644

Down $27,882 (-11%) from 2023

Net Assets

Up

$560,486

Up $26,402 (+4.9%) from 2023

Revenue

Down

$207,319

Down $92,354 (-31%) from 2023

Expenses

Down

$162,420

Down $6,711 (-4.0%) from 2023

Net Income

Down

$44,899

Down $85,643 (-66%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $569,615Liabilities 2010: $1,147Net Assets 2010: $568,4682010Assets 2011: $554,562Liabilities 2011: $539Net Assets 2011: $554,0232011Assets 2012: $589,877Liabilities 2012: $1,266Net Assets 2012: $588,6112012Assets 2013: $517,910Liabilities 2013: $553Net Assets 2013: $517,3572013Assets 2014: $450,471Liabilities 2014: $480Net Assets 2014: $449,9912014Assets 2015: $414,352Liabilities 2015: $897Net Assets 2015: $413,4552015Assets 2016: $364,929Liabilities 2016: $1,114Net Assets 2016: $363,8152016Assets 2017: $312,838Liabilities 2017: $3,082Net Assets 2017: $309,7562017Assets 2018: $312,585Liabilities 2018: $3,305Net Assets 2018: $309,2802018Assets 2019: $309,477Liabilities 2019: $3,789Net Assets 2019: $305,6882019Assets 2020: $491,304Liabilities 2020: $2,677Net Assets 2020: $488,6272020Assets 2021: $408,110Liabilities 2021: $2,744Net Assets 2021: $405,3662021Assets 2022: $382,696Liabilities 2022: $6,794Net Assets 2022: $375,9022022Assets 2023: $779,610Liabilities 2023: $245,526Net Assets 2023: $534,0842023Assets 2024: $778,130Liabilities 2024: $217,644Net Assets 2024: $560,4862024

Highlighted filing

2024

Assets$778,130
Liabilities$217,644
Net Assets$560,486

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $149,1512010Expenses 2011: $167,3302011Expenses 2012: $189,3982012Revenue 2013: $104,482Expenses 2013: $175,736Net Income 2013: -$71,2542013Revenue 2014: $98,763Expenses 2014: $166,129Net Income 2014: -$67,3662014Revenue 2015: $119,498Expenses 2015: $156,034Net Income 2015: -$36,5362015Revenue 2016: $100,697Expenses 2016: $150,337Net Income 2016: -$49,6402016Revenue 2017: $97,018Expenses 2017: $151,077Net Income 2017: -$54,0592017Revenue 2018: $151,562Expenses 2018: $152,038Net Income 2018: -$4762018Revenue 2019: $160,207Expenses 2019: $163,799Net Income 2019: -$3,5922019Revenue 2020: $336,168Expenses 2020: $153,229Net Income 2020: $182,9392020Revenue 2021: $56,072Expenses 2021: $139,333Net Income 2021: -$83,2612021Revenue 2022: $160,192Expenses 2022: $170,886Net Income 2022: -$10,6942022Revenue 2023: $299,673Expenses 2023: $169,131Net Income 2023: $130,5422023Revenue 2024: $207,319Expenses 2024: $162,420Net Income 2024: $44,8992024

Highlighted filing

2024

Revenue$207,319
Expenses$162,420
Net Income$44,899

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$2.18$5.60$2.07$1.62$0.45
2023Detailed filing. Detailed filing data is available for this year.$7.80$2.46$5.34$3.00$1.69$1.31
2022Detailed filing. Detailed filing data is available for this year.$3.83$0.07$3.76$1.60$1.71$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.08$0.03$4.05$0.56$1.39$0.83
2020Detailed filing. Detailed filing data is available for this year.$4.91$0.03$4.89$3.36$1.53$1.83
2019Detailed filing. Detailed filing data is available for this year.$3.09$0.04$3.06$1.60$1.64$0.04
2018Detailed filing. Detailed filing data is available for this year.$3.13$0.03$3.09$1.52$1.52$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.13$0.03$3.10$0.97$1.51$0.54
2016Detailed filing. Detailed filing data is available for this year.$3.65$0.01$3.64$1.01$1.50$0.50
2015Detailed filing. Detailed filing data is available for this year.$4.14$0.01$4.13$1.19$1.56$0.37
2014Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$0.99$1.66$0.67
2013Detailed filing. Detailed filing data is available for this year.$5.18$0.01$5.17$1.04$1.76$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.90$0.01$5.89$1.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$0.01$5.54$1.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$0.01$5.68$1.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 16, 2025
Return Version
2024v5.0
Gross Receipts
$313,958
Mission and Program Overview

Mission

Mission is to operate the museum for the general public that is dedicated to the preservation of the history of women in aviation and space.

Education iwasm strives to serve its communities through various educational means. This includes offering: -children's programs: aviation adventures and quest for the stars -rocket day (ages 4-12) -wow stem conference (ages 14-18) -dinner with a slice of history, grant funded (adult learners) -virtual programs -adult speakers' bureau programs in 2021, we began benchmarking educational programs against state and national standards. For the first time, we began assessing the needs of teachers and schools and strategizing how best to compliment what schools are already expected to cover in social studies, science, and english- language arts. For descriptions and example of educational programs offered since january 2021, visit: www.iwasm.org/wp-blog/events. Collections iwasm's collection contains approximately 20,000 historical and cultural objects, photographs, archival materials, and books relating to the contributions and history of women in air and space. In addition, our reference a

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$325,892$353,960▲ $28,068
Land, Buildings, and Equipment, Net$247,171$228,108▼ $19,063
Savings and Temporary Cash Investments$185,196$27,042▼ $158,154
Cash and Non-Interest-Bearing Accounts$17,937$9,425▼ $8,512
Pledges and Grants Receivable-$1,364-
Inventories for Sale or Use$3,147$1,241▼ $1,906
Prepaid Expenses and Deferred Charges$251$266▲ $15
Total Assets$779,610$778,130▼ $1,480
Other Assets Total$16$156,724▲ $156,708
Liabilities
Unsecured Notes Loans Payable$234,101$213,974▼ $20,127
Accounts Payable and Accrued Expenses$11,425$3,670▼ $7,755
Total Liabilities$245,526$217,644▼ $27,882
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$334,084$398,506▲ $64,422
Net Assets With Donor Restrictions$200,000$161,980▼ $38,020
Total Net Assets Fund Balance$534,084$560,486▲ $26,402
Total Liabilities and Net Assets / Fund Balance$779,610$778,130▼ $1,480

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$213,899$267,264$481,163
Equipment$14,209$22,165$36,374
Other Assets Org$156,724--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$325,892$160,000▲ $24,792-$510,684
2023$317,746-▲ $42,146$30,000$325,892
2022$388,250-▼ $66,504-$317,746
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sara FisherExecutive DiFT$45,424$45,424

Board Members and Trustees

NameTitle
Marcy FrumkerPresident
Teresa AndreaniEvp/trustee
Deb PerelmanTrustee
Hillary ButlerTrustee
Susan LauTrustee
Toni MulleeTrustee
Carmella CadusaleTrustee, Res
Melissa StephensonSecretary
Billie GeyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$129,856
Program Service Revenue
$10,879
Investment Income
$47,811
Other Revenue
$18,773
All Other Contributions
$124,096
Change in Net Assets
$44,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,007
Salaries, Compensation, and Employee Benefits$71,313
Total Fundraising Expense$11,361
Grants and Similar Amounts Paid$1,100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$29,155$11,285$4,984$45,424
Occupancy-$30,387-$30,387
Other Salaries and Wages$13,099$5,076$2,234$20,409
All Other Expenses$3,026$6,240$559$9,825
Fees for Services Accounting-$7,800-$7,800
Insurance-$5,873-$5,873
Payroll Taxes-$5,480-$5,480
Fees for Service Investment Mgmnt Fees-$4,000-$4,000
Fees for Services Other-$4,000-$4,000
Depreciation Depletion$3,680--$3,680
Other Expenses$2,028$428$490$2,946
Travel$1,559$321-$1,880
Grants to Domestic Orgs$1,100--$1,100
Advertising$203-$30$233
Total Functional Expenses$66,900$84,159$11,361$162,420
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,484
Fundraising Direct Expenses$3,338
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$19,484$19,484$3,338$16,146
Total Events$19,484$19,484$3,338$16,146
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has membership

Form 990, Page 6, Part VI, Line 7B

Certain decisions are subject to approval of the membership

Form 990, Page 6, Part VI, Line 11B

The 990 is provided to the board prior to filing

Form 990, Page 6, Part VI, Line 12C

Annual conflict of interest disclosures are required of all individuals subject to the policy. All conflicts are received and monitored by the board, who also determines the appropriate response to each conflict.

Form 990, Page 6, Part VI, Line 15A

The board evaluates the executive director compensation based on performance and the resources available to the organization and the market value of the position

Form 990, Page 6, Part VI, Line 19

Documents are available upon request of the executive director

Filing and Contact Details

Filer

Filer Name
INTERNATIONAL WOMEN'S AIR & SPACE
EIN
31-0889469
Phone
2166231111
Address
1501 N MARGINAL ROAD SUITE 165, CLEVELAND, OH 44114

Signing Officer

Name
Marcy Frumker
Title
President
Phone
2166231111
Signed
2025-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcy Frumker
Formed
1976
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
30

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the international women's air & space museum is to collect, preserve, and showcase the history and culture of women in all areas of aviation & aerospace; educate people of the world about their contributions; and inspire future generations by bringing the history to life.

Form 990, Page 2, Part III, Line 4A

Collections iwasm's collection contains approximately 20,000 historical and cultural objects, photographs, archival materials, and books relating to the contributions and history of women in air and space. In addition, our reference archive holds more than 6,000 items. The earliest items in the collection date to approximately 1880 and iwasm is an actively collecting institution for contemporary collections. In total, the museum's collections document the lives and careers of women in all areas of aviation and aerospace including pilots, air traffic controllers, engineers, flight attendants, astronauts, balloonists, and more. In 2023, the organization continued its progress on a collections inventory and rehousing project supported by the national endowment for the humanities (neh); project period 11/1/2022-3/31/2024. Thanks to this funding, the museum will enhance and update its collections storage environments to ensure that items can be better accessed. One such method of access if through exhibits and to facilitate organizational research, providing educational programming, and as resources for external researchers. Not all iwasm collections are accessible online. What are, can be found by visiting: www.iwasm.omeka.net

Form 990, Page 2, Part III, Line 4B

Education iwasm strives to serve its communities through various educational means. This includes offering: -children's programs: aviation adventures and quest for the stars -rocket day (ages 4-12) -wow stem conference (ages 14-18) -dinner with a slice of history, grant funded (adult learners) -virtual programs -adult speakers' bureau programs in 2021, we began benchmarking educational programs against state and national standards. For the first time, we began assessing the needs of teachers and schools and strategizing how best to compliment what schools are already expected to cover in social studies, science, and english- language arts. For descriptions and example of educational programs offered since january 2021, visit: www.iwasm.org/wp-blog/events.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment fund is intended to provide sustainability through additional funding as determined by the organization and for the advancement and preservation of the collection.

Schedule D, Page 3, Part X

The preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed.

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IRS990/ActivityOrMissionDesc0EDUCATION IWASM STRIVES TO SERVE ITS COMMUNITIES THROUGH VARIOUS EDUCATIONAL MEANS. THIS INCLUDES OFFERING: -CHILDREN'S PROGRAMS: AVIATION ADVENTURES AND QUEST FOR THE STARS -ROCKET DAY (AGES 4-12) -WOW STEM CONFERENCE (AGES 14-18) -DINNER WITH A SLICE OF HISTORY, GRANT FUNDED (ADULT LEARNERS) -VIRTUAL PROGRAMS -ADULT SPEAKERS' BUREAU PROGRAMS IN 2021, WE BEGAN BENCHMARKING EDUCATIONAL PROGRAMS AGAINST STATE AND NATIONAL STANDARDS. FOR THE FIRST TIME, WE BEGAN ASSESSING THE NEEDS OF TEACHERS AND SCHOOLS AND STRATEGIZING HOW BEST TO COMPLIMENT WHAT SCHOOLS ARE ALREADY EXPECTED TO COVER IN SOCIAL STUDIES, SCIENCE, AND ENGLISH- LANGUAGE ARTS. FOR DESCRIPTIONS AND EXAMPLE OF EDUCATIONAL PROGRAMS OFFERED SINCE JANUARY 2021, VISIT: WWW.IWASM.ORG/WP-BLOG/EVENTS. COLLECTIONS IWASM'S COLLECTION CONTAINS APPROXIMATELY 20,000 HISTORICAL AND CULTURAL OBJECTS, PHOTOGRAPHS, ARCHIVAL MATERIALS, AND BOOKS RELATING TO THE CONTRIBUTIONS AND HISTORY OF WOMEN IN AIR AND SPACE. IN ADDITION, OUR REFERENCE A
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IRS990/Desc0COLLECTIONS IWASM'S COLLECTION CONTAINS APPROXIMATELY 20,000 HISTORICAL AND CULTURAL OBJECTS, PHOTOGRAPHS, ARCHIVAL MATERIALS, AND BOOKS RELATING TO THE CONTRIBUTIONS AND HISTORY OF WOMEN IN AIR AND SPACE. IN ADDITION, OUR REFERENCE ARCHIVE HOLDS MORE THAN 6,000 ITEMS. THE EARLIEST ITEMS IN THE COLLECTION DATE TO APPROXIMATELY 1880 AND IWASM IS AN ACTIVELY COLLECTING INSTITUTION FOR CONTEMPORARY COLLECTIONS. IN TOTAL, THE MUSEUM'S COLLECTIONS DOCUMENT THE LIVES AND CAREERS OF WOMEN IN ALL AREAS OF AVIATION AND AEROSPACE INCLUDING PILOTS, AIR TRAFFIC CONTROLLERS, ENGINEERS, FLIGHT ATTENDANTS, ASTRONAUTS, BALLOONISTS, AND MORE. IN 2023, THE ORGANIZATION CONTINUED ITS PROGRESS ON A COLLECTIONS INVENTORY AND REHOUSING PROJECT SUPPORTED BY THE NATIONAL ENDOWMENT FOR THE HUMANITIES (NEH); PROJECT PERIOD 11/1/2022-3/31/2024. THANKS TO THIS FUNDING, THE MUSEUM WILL ENHANCE AND UPDATE ITS COLLECTIONS STORAGE ENVIRONMENTS TO ENSURE THAT ITEMS CAN BE BETTER ACCESSED. ONE SUCH METHOD OF ACCESS IF THROUGH EXHIBITS AND TO FACILITATE ORGANIZATIONAL RESEARCH, PROVIDING EDUCATIONAL PROGRAMMING, AND AS RESOURCES FOR EXTERNAL RESEARCHERS. NOT ALL IWASM COLLECTIONS ARE ACCESSIBLE ONLINE. WHAT ARE, CAN BE FOUND BY VISITING: WWW.IWASM.OMEKA.NET
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IRS990/Form990PartVIISectionAGrp/PersonNm7TONI MULLEE
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IRS990/MissionDesc0THE MISSION OF THE INTERNATIONAL WOMEN'S AIR & SPACE MUSEUM IS TO COLLECT, PRESERVE, AND SHOWCASE THE HISTORY AND CULTURE OF WOMEN IN ALL AREAS OF AVIATION & AEROSPACE; EDUCATE PEOPLE OF THE WORLD ABOUT THEIR CONTRIBUTIONS; AND INSPIRE FUTURE GENERATIONS BY BRINGING THE HISTORY TO LIFE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION IWASM STRIVES TO SERVE ITS COMMUNITIES THROUGH VARIOUS EDUCATIONAL MEANS. THIS INCLUDES OFFERING: -CHILDREN'S PROGRAMS: AVIATION ADVENTURES AND QUEST FOR THE STARS -ROCKET DAY (AGES 4-12) -WOW STEM CONFERENCE (AGES 14-18) -DINNER WITH A SLICE OF HISTORY, GRANT FUNDED (ADULT LEARNERS) -VIRTUAL PROGRAMS -ADULT SPEAKERS' BUREAU PROGRAMS IN 2021, WE BEGAN BENCHMARKING EDUCATIONAL PROGRAMS AGAINST STATE AND NATIONAL STANDARDS. FOR THE FIRST TIME, WE BEGAN ASSESSING THE NEEDS OF TEACHERS AND SCHOOLS AND STRATEGIZING HOW BEST TO COMPLIMENT WHAT SCHOOLS ARE ALREADY EXPECTED TO COVER IN SOCIAL STUDIES, SCIENCE, AND ENGLISH- LANGUAGE ARTS. FOR DESCRIPTIONS AND EXAMPLE OF EDUCATIONAL PROGRAMS OFFERED SINCE JANUARY 2021, VISIT: WWW.IWASM.ORG/WP-BLOG/EVENTS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND IS INTENDED TO PROVIDE SUSTAINABILITY THROUGH ADDITIONAL FUNDING AS DETERMINED BY THE ORGANIZATION AND FOR THE ADVANCEMENT AND PRESERVATION OF THE COLLECTION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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