Civic Intelligence

Airport Foundation Msp

990 • Fiscal year 2017 • EIN 36-4088129

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 11, 2018

Organization ProfileWWW.AIRPORTFOUNDATION.ORG

View Organization Page

4300 Glumack Drive No D2040Saint Paul, MN 55111

(612) 726-5235

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.10x

Higher debt load relative to revenue than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

46th percentile

1.9%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$123,961

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

64th percentile

8.5%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$518,321

Up $40,716 (+8.5%) from 2016

Net Assets

Up

$401,755

Up $37,706 (+10%) from 2016

Liabilities

Up

$116,566

Up $3,010 (+2.7%) from 2016

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin46th percentile

Revenue

Up

$1,123,370

Up $234,228 (+26%) from 2016

Expenses

Up

$1,102,305

Up $223,322 (+25%) from 2016

Net Income

Up

$21,065

Up $10,906 (+107%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $510,411Liabilities 2010: $100,070Net Assets 2010: $410,3412010Assets 2011: $495,916Liabilities 2011: $99,604Net Assets 2011: $396,3122011Assets 2012: $512,159Liabilities 2012: $114,390Net Assets 2012: $397,7692012Assets 2013: $521,677Liabilities 2013: $102,698Net Assets 2013: $418,9792013Assets 2014: $659,944Liabilities 2014: $165,782Net Assets 2014: $494,1622014Assets 2015: $487,054Liabilities 2015: $139,914Net Assets 2015: $347,1402015Assets 2016: $477,605Liabilities 2016: $113,556Net Assets 2016: $364,0492016Assets 2017: $518,321Liabilities 2017: $116,566Net Assets 2017: $401,7552017Assets 2018: $530,243Liabilities 2018: $97,110Net Assets 2018: $433,1332018Assets 2019: $561,945Liabilities 2019: $132,660Net Assets 2019: $429,2852019Assets 2020: $950,360Liabilities 2020: $313,706Net Assets 2020: $636,6542020Assets 2021: $1,284,659Liabilities 2021: $160,514Net Assets 2021: $1,124,1452021Assets 2022: $997,123Liabilities 2022: $150,491Net Assets 2022: $846,6322022Assets 2023: $957,741Liabilities 2023: $173,964Net Assets 2023: $783,7772023Assets 2024: $882,971Liabilities 2024: $284,771Net Assets 2024: $598,2002024

Highlighted filing

2017

Assets$518,321
Liabilities$116,566
Net Assets$401,755
Open 2017 Filing

Operations Trend

Revenue Growth77th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $657,2872010Expenses 2011: $692,1232011Expenses 2012: $694,1282012Revenue 2013: $708,640Expenses 2013: $702,646Net Income 2013: $5,9942013Revenue 2014: $900,499Expenses 2014: $830,323Net Income 2014: $70,1762014Revenue 2015: $777,025Expenses 2015: $921,928Net Income 2015: -$144,9032015Revenue 2016: $889,142Expenses 2016: $878,983Net Income 2016: $10,1592016Revenue 2017: $1,123,370Expenses 2017: $1,102,305Net Income 2017: $21,0652017Revenue 2018: $1,295,503Expenses 2018: $1,270,937Net Income 2018: $24,5662018Revenue 2019: $1,351,717Expenses 2019: $1,364,186Net Income 2019: -$12,4692019Revenue 2020: $1,324,223Expenses 2020: $1,118,606Net Income 2020: $205,6172020Revenue 2021: $1,840,642Expenses 2021: $1,369,942Net Income 2021: $470,7002021Revenue 2022: $1,347,175Expenses 2022: $1,602,700Net Income 2022: -$255,5252022Revenue 2023: $1,623,106Expenses 2023: $1,693,792Net Income 2023: -$70,6862023Revenue 2024: $1,827,354Expenses 2024: $2,021,326Net Income 2024: -$193,9722024

Highlighted filing

2017

Revenue$1,123,370
Expenses$1,102,305
Net Income$21,065
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 11, 2018
Return Version
2017v2.3
Gross Receipts
$1,754,411
Mission and Program Overview

Mission

The airport foundation msp dedicates itself to enhancing the experience and exceeding the expectations of travelers at msp international airport, as well as supporting the airport and broader aviation community.

To enhance the experience of travelers at the minneapolis/st. Paul airport.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$304,764$303,747▼ $1,017
Land, Buildings, and Equipment, Net$41,431$63,491▲ $22,060
Prepaid Expenses and Deferred Charges$15,257$15,944▲ $687
Accounts Receivable$2,064$8,881▲ $6,817
Total Assets$477,605$518,321▲ $40,716
Other Assets Total$114,089$126,258▲ $12,169
Liabilities
Accounts Payable and Accrued Expenses$113,556$116,566▲ $3,010
Total Liabilities$113,556$116,566▲ $3,010
Net Assets / Fund Balance
Unrestricted Net Assets$337,882$381,388▲ $43,506
Temporarily Rstr Net Assets$26,167$20,367▼ $5,800
Total Net Assets Fund Balance$364,049$401,755▲ $37,706
Total Liabilities and Net Assets / Fund Balance$477,605$518,321▲ $40,716

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$63,491$158,506$221,997
Other Assets Org$126,258--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$114,089-▲ $18,114-$126,258
2016$112,149-▲ $8,131-$114,089
2015$118,192-▼ $59-$112,149
2014$116,364-▲ $7,511-$118,192
2013$104,038-▲ $18,032-$116,364
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jana WebsterExecutive DirectorFT$110,620$13,341$123,961

Board Members and Trustees

NameTitle
John J WagnerChair
Steve WarehamPresident
Bill DeefVice President
Butch HowardBoard Member
Carole B HoweBoard Member
Dennis SchulstadBoard Member
Denny ProbstBoard Member
Douglas KillianBoard Member
Gene WinsteadBoard Member
Jamie FlawsBoard Member
Janel M GoffBoard Member
John EdmanBoard Member
John NelsonBoard Member
Katie Clark SiebenBoard Member
Kristen PonsolleBoard Member
Maureen Scallen FailorBoard Member
Ross E KramerBoard Member
Sherri MulleryBoard Member
Sue ZelicksonBoard Member
Tammy HartmanBoard Member
Terry MattsonBoard Member
Thomas AndersonBoard Member
Tom PokonoskyBoard Member
Tom TingBoard Member
Toby BrobergSecretary
Chris RobertsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$527,608
Program Service Revenue
$619,338
Investment Income
$467
Other Revenue
$-24,043
All Other Contributions
$346,892
Change in Net Assets
$21,065

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$38,500Fair Market Value (FMV)
Total Noncash Contributions2$38,500-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,123,370
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$612,641
Total Revenue per Audited Statements
$1,736,011
Total Revenue per Form 990
$1,123,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$780,438
Other Expenses$303,329
Grants and Similar Amounts Paid$18,538
Total Fundraising Expense$17,863
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$405,016$121,481$2,584$529,081
Office Expenses$115,796$22,199$1,000$138,995
Current Officers, Directors, Trustees, and Key Employees$99,169$12,396$12,396$123,961
Other Employee Benefits$52,089$16,977$401$69,467
Payroll Taxes$44,543$12,154$1,232$57,929
Fees for Services Accounting$19,074$25,222-$44,296
Grants to Domestic Orgs$18,538--$18,538
Other Expenses$9,908$7,749$250$17,657
Depreciation Depletion$12,698$3,723-$16,421
Insurance$6,300$1,939-$8,239
Advertising$385--$385
Total Functional Expenses$856,210$228,232$17,863$1,102,305

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,698,305
Expenses per Audited Statements$1,102,305
Total Expenses per Form 990$1,102,305
Expenses Not Reported on Form 990$596,000
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Learning Jet--To Support Aerospace Education$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$595,987
Gaming Direct Expenses$535,580
Fundraising Direct Expenses$95,461
Fundraising Gross Income$11,011
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
State of the Airport Luncheon$79,641$3,516$2,631$885
Golf Tournament$103,386$-1,205$8,546$-9,751
Total Events$191,727$11,011$95,461$-84,450
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
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 A, Line 8B

“All committee matters are brought before the full board for a vote.”

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

“The 990 is presented to the finance and executive committees by the auditors and then ratified by the full board.”

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

“Board members annually disclose any conflicts.”

Form 990, Part VI, Section B, Line 15

“The executive committee conducts an annual performance review with the executive director and then determines compensation based on budgetary considerations and comparable salary reviews for other nonprofits. All staff salaries are targeted for at least a 50% range of the minnesota nonprofit salary survey.”

Form 990, Part VI, Section C, Line 19

“All are available upon request and kept in a "public files" section of the office.”

Filing and Contact Details

Filer

Filer Name
Airport Foundation Msp
EIN
36-4088129
Phone
6127265235
Address
4300 GLUMACK DRIVE NO D2040, SAINT PAUL, MN 55111

Signing Officer

Name
Jana Webster
Title
Executive Director
Phone
6127265235
Signed
2018-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jana Webster
Formed
1982
Legal Domicile
Mn
Voting Board Members
23
Independent Board Members
23
Employees
28
Volunteers
442

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Marc a Kotsonas
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“This process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“The endowment fund was established by the foundation and is designated for airport and/or aviation related programs.”

PART X, LINE 2:

“The foundation is classified as a tax-exempt organization under minnesota statute 290.05 and section 501(c)(3) of the internal revenue code and is exempt from private foundation status under section 509(a)(1) of the internal revenue code. The foundation is subject to income taxes on net unrelated business income such as its lawful gambling operation. Management believes there are no uncertain tax positions.”

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IRS990/ActivityOrMissionDesc0TO ENHANCE THE EXPERIENCE OF TRAVELERS AT THE MINNEAPOLIS/ST. PAUL AIRPORT.
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IRS990/Form990PartVIISectionAGrp/PersonNm25DENNY PROBST
IRS990/Form990PartVIISectionAGrp/PersonNm26JANA WEBSTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0180716
IRS990/FundraisingDirectExpensesAmt095461
IRS990/FundraisingGrossIncomeAmt011011
IRS990/GamingActivitiesInd01
IRS990/GamingDirectExpensesAmt0535580
IRS990/GamingGrossIncomeAmt0595987
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt018538
IRS990/GrantsToDomesticOrgsGrp/TotalAmt018538
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01754411
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01939
IRS990/InsuranceGrp/ProgramServicesAmt06300
IRS990/InsuranceGrp/TotalAmt08239
IRS990/InvestmentIncomeGrp/ExclusionAmt0467
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0467
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0158506
IRS990/LandBldgEquipBasisNetGrp/BOYAmt041431
IRS990/LandBldgEquipBasisNetGrp/EOYAmt063491
IRS990/LandBldgEquipCostOrOtherBssAmt0221997
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE AIRPORT FOUNDATION MSP DEDICATES ITSELF TO ENHANCING THE EXPERIENCE AND EXCEEDING THE EXPECTATIONS OF TRAVELERS AT MSP INTERNATIONAL AIRPORT, AS WELL AS SUPPORTING THE AIRPORT AND BROADER AVIATION COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0364049
IRS990/NetAssetsOrFundBalancesEOYAmt0401755
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-84450
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-84450
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt060407
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt060407
IRS990/NetUnrelatedBusTxblIncmAmt021002
IRS990/NetUnrlzdGainsLossesInvstAmt016641
IRS990/NoncashContributionsAmt038500
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022199
IRS990/OfficeExpensesGrp/ProgramServicesAmt0115796
IRS990/OfficeExpensesGrp/TotalAmt0138995
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0114089
IRS990/OtherAssetsTotalGrp/EOYAmt0126258
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0401
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016977
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt052089
IRS990/OtherEmployeeBenefitsGrp/TotalAmt069467
IRS990/OtherExpensesGrp/Desc0VOLUNTEER EXPENSES
IRS990/OtherExpensesGrp/Desc1AIRPORT BEAUTIFICATION
IRS990/OtherExpensesGrp/Desc2EQUIPMENT/MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04392
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17749
IRS990/OtherExpensesGrp/ProgramServicesAmt029016
IRS990/OtherExpensesGrp/ProgramServicesAmt127516
IRS990/OtherExpensesGrp/ProgramServicesAmt216162
IRS990/OtherExpensesGrp/ProgramServicesAmt39908
IRS990/OtherExpensesGrp/TotalAmt029016
IRS990/OtherExpensesGrp/TotalAmt127516
IRS990/OtherExpensesGrp/TotalAmt220804
IRS990/OtherExpensesGrp/TotalAmt317657
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02584
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121481
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0405016
IRS990/OtherSalariesAndWagesGrp/TotalAmt0529081
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01232
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012154
IRS990/PayrollTaxesGrp/ProgramServicesAmt044543
IRS990/PayrollTaxesGrp/TotalAmt057929
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015257
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015944
IRS990/PrincipalOfficerNm0JANA WEBSTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0MAC PROGRAMMING SERVIC
IRS990/ProgramServiceRevenueGrp/Desc1LOTTERY SALES, NET
IRS990/ProgramServiceRevenueGrp/Desc2RENT REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt049905
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0484500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0484500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt184933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249905
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt084933
IRS990/ProgSrvcAccomActy2Grp/Desc0ARTS AND CULTURE - THE ARTS AND CULTURE PROGRAM SHOWCASES ARTISTIC TALENTS AND CULTURAL HIGHLIGHTS OF THE MINNESOTA REGION BY PARTNERING WITH LOCAL ORGANIZATIONS TO PROVIDE PERFORMING ARTS, ROTATING EXHIBITS, AND COMMISSIONED ART INSTALLATIONS THROUGHOUT MAC OWNED FACILITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0347878
IRS990/ProgSrvcAccomActy2Grp/GrantAmt03538
IRS990/ProgSrvcAccomActy3Grp/Desc0CONTRIBUTIONS AND BEAUTIFICATION - WORKING CLOSELY WITH THE METROPOLITAN AIRPORTS COMMISSION, THE FOUNDATION CONTRIBUTES TO PROJECTS WHICH ENHANCE AND BEAUTIFY AIRPORT FACILITIES. PROJECTS HAVE INCLUDED: HOLIDAY LIGHTING, ARTWORK, FLOWERS, THE AVIATION HISTORY CENTER, PLAY AREAS, AND THE INTERNATIONAL ARRIVAL FACILITY. THE FOUNDATION CONTINUES TO SUPPORT AVIATION RELATED PROJECTS SUCH AS THE AIR EXPO AT FLYING CLOUD AIRPORT AND DISCOVER AVIATION DAYS AT THE ANOKA AIRPORT. EACH OF THESE COMMUNITY EVENTS ATTRACT TENS OF THOUSANDS OF LOCAL RESIDENTS INTERESTED IN AVIATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt066465
IRS990/ProgSrvcAccomActy3Grp/GrantAmt015000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY ENGAGEMENT - WORKING WITH MAC AND AVIATION PARTNERS TO ENGAGE LOCAL COMMUNITIES ON PROJECTS IMPACTING THE AIRPORT. SUPPORTING AIRPORT SUSTAINABILITY PROGRAMS, AVIATION EDUCATION, AND TOURISM PROMOTION.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0194936

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$518,321
Liabilities
$116,566
Net assets
$401,755
Revenue
$1,123,370
Expenses
$1,102,305
Net income
$21,065
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.88$0.28$0.60$1.83$2.02$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.17$0.78$1.62$1.69$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.15$0.85$1.35$1.60$0.26
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.16$1.12$1.84$1.37$0.47
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.31$0.64$1.32$1.12$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.13$0.43$1.35$1.36$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.10$0.43$1.30$1.27$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.12$0.40$1.12$1.10$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.11$0.36$0.89$0.88$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.14$0.35$0.78$0.92$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.17$0.49$0.90$0.83$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.52$0.10$0.42$0.71$0.70$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.11$0.40$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.10$0.40$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.10$0.41$0.66