Civic Intelligence

World Aviation Musuem Corp

EIN 46-1459849 • 501(c)3 • Woodville, WI

Profile

Aircraft museum - public education

2584 42nd AveWoodville, WI 54028

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

100th percentile

251%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-14%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

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

Annualized from 2023 to 2024

Assets

Down

$245,065

Down $40,407 (-14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$245,065

Down $40,407 (-14%) from 2023

Revenue

Down

-$58,000

Down $74,000 (-463%) from 2023

Expenses

Down

$87,347

Down $15,710 (-15%) from 2023

Net Income

Down

-$145,347

Down $58,290 (-67%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $135,000Liabilities 2012: $02012Assets 2013: $175,100Liabilities 2013: $02013Assets 2014: $332,925Liabilities 2014: $02014Assets 2015: $374,155Liabilities 2015: $02015Assets 2016: $513,250Liabilities 2016: $0Net Assets 2016: $513,2502016Assets 2017: $446,545Liabilities 2017: $0Net Assets 2017: $446,5452017Assets 2018: $364,028Liabilities 2018: $0Net Assets 2018: $364,0282018Assets 2019: $488,818Liabilities 2019: $0Net Assets 2019: $488,8182019Assets 2020: $397,804Liabilities 2020: $0Net Assets 2020: $397,8042020Assets 2021: $518,068Liabilities 2021: $68,277Net Assets 2021: $449,7912021Assets 2022: $391,799Liabilities 2022: $19,270Net Assets 2022: $372,5292022Assets 2023: $285,472Liabilities 2023: $0Net Assets 2023: $285,4722023Assets 2024: $245,065Liabilities 2024: $0Net Assets 2024: $245,0652024

Highlighted filing

2024

Assets$245,065
Liabilities$0
Net Assets$245,065

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $136,310Expenses 2012: $1,310Net Income 2012: $135,0002012Revenue 2013: $61,920Expenses 2013: $21,820Net Income 2013: $40,1002013Revenue 2014: $194,997Expenses 2014: $37,172Net Income 2014: $157,8252014Revenue 2015: $103,658Expenses 2015: $62,429Net Income 2015: $41,2292015Revenue 2016: $241,548Expenses 2016: $102,453Net Income 2016: $139,0952016Revenue 2017: $30,586Expenses 2017: $97,291Net Income 2017: -$66,7052017Revenue 2018: -$14,116Expenses 2018: $72,776Net Income 2018: -$86,8922018Revenue 2019: $201,683Expenses 2019: $76,893Net Income 2019: $124,7902019Revenue 2020: -$3,900Expenses 2020: $87,114Net Income 2020: -$91,0142020Revenue 2021: $160,000Expenses 2021: $108,013Net Income 2021: $51,9872021Revenue 2022: $27,500Expenses 2022: $104,762Net Income 2022: -$77,2622022Revenue 2023: $16,000Expenses 2023: $103,057Net Income 2023: -$87,0572023Revenue 2024: -$58,000Expenses 2024: $87,347Net Income 2024: -$145,3472024

Highlighted filing

2024

Revenue-$58,000
Expenses$87,347
Net Income-$145,347

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 15, 2025
Return Version
2024v5.0
Gross Receipts
$116,000
Mission and Program Overview

Mission

Aircraft museum - public education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$183,114$170,119▼ $12,995
Cash and Non-Interest-Bearing Accounts$90,004$74,946▼ $15,058
Pledges and Grants Receivable$12,354--
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$285,472$245,065▼ $40,407
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$285,472$245,065▼ $40,407
Total Net Assets Fund Balance$285,472$245,065▼ $40,407
Total Liabilities and Net Assets / Fund Balance$285,472$245,065▼ $40,407

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$170,119$508,698$678,817
Compensation and Service Providers

Board Members and Trustees

NameTitle
William GeipelPresident
Cheryl GeipelSecretary - Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,000
Program Service Revenue
$0
Investment Income
$-64,000
Other Revenue
$0
All Other Contributions
$6,000
Change in Net Assets
$-145,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$87,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$53,935--$53,935
Occupancy$19,000--$19,000
Office Expenses$1,500--$1,500
Other Expenses$1,436--$1,436
Total Functional Expenses$87,347$0$0$87,347
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

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

Governance Explanations

Part VI, Section C, Line 19

governing documents disclosure explanation upon written request

Part VI, Section B, Line 11

organization process to review form 990. no review was or will be conducted

Filing and Contact Details

Filer

Filer Name
World Aviation Musuem Corp
EIN
46-1459849
Phone
3034086899
Address
2584 42ND AVE, WOODVILLE, WI 54028

Signing Officer

Name
William Geipel
Title
President
Phone
3034086899
Signed
2025-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Geipel
Formed
2012
Legal Domicile
Co
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Gaslin Accounting LLC
Address
PO BOX 898 300 N MAPLE STREET, ELLSWORTH, WI 54011
Preparer
Carolyn M Gaslin
Phone
7153072736
Supplemental Narrative

Additional Explanations

Part XI, Line 9

removal of sold asset and deprication

Raw XML Appendix273 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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