Civic Intelligence

Lone Star Flight Museum

990 • Fiscal year 2014 • EIN 76-0213778

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization Profilewww.lsfm.org
2002 Terminal DriveGalveston, TX 77554-9279

(409) 740-7722

Siviq Scores

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

Liabilities / Assets

30th percentile

0.07x

Higher debt load relative to assets than 30% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

44th percentile

0.20x

Higher debt load relative to revenue than 44% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$136,039

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

93rd percentile

39%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$16,292,342

Up $4,580,946 (+39%) from 2013

Net Assets

Up

$15,083,146

Up $4,523,023 (+43%) from 2013

Liabilities

Up

$1,209,196

Up $57,923 (+5.0%) from 2013

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin96th percentile

Revenue

Up

$6,098,657

Up $6,666,287 (+1174%) from 2013

Expenses

Up

$1,574,954

Up $24,989 (+1.6%) from 2013

Net Income

Up

$4,523,703

Up $6,641,298 (+314%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$60M$40M$20M$0Assets 2010: $13,436,384Liabilities 2010: $1,249,507Net Assets 2010: $12,186,8772010Assets 2011: $13,108,273Liabilities 2011: $1,091,464Net Assets 2011: $12,016,8092011Assets 2012: $13,723,411Liabilities 2012: $1,045,693Net Assets 2012: $12,677,7182012Assets 2013: $11,711,396Liabilities 2013: $1,151,273Net Assets 2013: $10,560,1232013Assets 2014: $16,292,342Liabilities 2014: $1,209,196Net Assets 2014: $15,083,1462014Assets 2015: $15,630,755Liabilities 2015: $1,137,447Net Assets 2015: $14,493,3082015Assets 2016: $34,615,794Liabilities 2016: $9,004,965Net Assets 2016: $25,610,8292016Assets 2017: $46,987,669Liabilities 2017: $19,381,857Net Assets 2017: $27,605,8122017Assets 2018: $45,024,668Liabilities 2018: $20,109,689Net Assets 2018: $24,914,9792018Assets 2019: $41,932,202Liabilities 2019: $19,256,637Net Assets 2019: $22,675,5652019Assets 2020: $40,524,094Liabilities 2020: $10,520,861Net Assets 2020: $30,003,2332020Assets 2021: $40,810,370Liabilities 2021: $9,959,185Net Assets 2021: $30,851,1852021Assets 2022: $39,030,155Liabilities 2022: $9,422,770Net Assets 2022: $29,607,3852022Assets 2023: $37,251,395Liabilities 2023: $9,585,538Net Assets 2023: $27,665,8572023Assets 2024: $35,454,808Liabilities 2024: $9,602,624Net Assets 2024: $25,852,1842024

Highlighted filing

2014

Assets$16,292,342
Liabilities$1,209,196
Net Assets$15,083,146
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,293,2982010Expenses 2011: $1,586,6222011Revenue 2012: $2,429,361Expenses 2012: $1,768,086Net Income 2012: $661,2752012Revenue 2013: -$567,630Expenses 2013: $1,549,965Net Income 2013: -$2,117,5952013Revenue 2014: $6,098,657Expenses 2014: $1,574,954Net Income 2014: $4,523,7032014Revenue 2015: $1,249,236Expenses 2015: $1,838,861Net Income 2015: -$589,6252015Revenue 2016: $13,535,663Expenses 2016: $2,453,039Net Income 2016: $11,082,6242016Revenue 2017: $6,430,126Expenses 2017: $4,193,643Net Income 2017: $2,236,4832017Revenue 2018: $3,364,258Expenses 2018: $6,296,591Net Income 2018: -$2,932,3332018Revenue 2019: $3,551,923Expenses 2019: $5,791,337Net Income 2019: -$2,239,4142019Revenue 2020: $11,942,162Expenses 2020: $4,614,494Net Income 2020: $7,327,6682020Revenue 2021: $4,057,590Expenses 2021: $4,772,457Net Income 2021: -$714,8672021Revenue 2022: $3,607,984Expenses 2022: $4,851,784Net Income 2022: -$1,243,8002022Revenue 2023: $3,969,307Expenses 2023: $5,910,835Net Income 2023: -$1,941,5282023Revenue 2024: $4,264,644Expenses 2024: $6,078,317Net Income 2024: -$1,813,6732024

Highlighted filing

2014

Revenue$6,098,657
Expenses$1,574,954
Net Income$4,523,703
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$6,176,223
Mission and Program Overview

Mission

See Schedule O.The mission of the Lone Star Flight Museum (LSFM) is to celebrate flight and achievements in Texas aviation and to engage our youth through science, engineering, technology, and math (STEM). Our vision is to be a dynamic and interactive educational museum reaching the youth of Texas as a recognized experience of choice. We believe aviation inspires achievement and endless possibilities.

Educational museum of vintage aircrafts

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$8,949,138$9,536,648▲ $587,510
Pledges and Grants Receivable$399,506$2,728,505▲ $2,328,999
Cash and Non-Interest-Bearing Accounts$1,097,858$2,621,605▲ $1,523,747
Land, Buildings, and Equipment, Net$1,177,523$1,340,253▲ $162,730
Inventories for Sale or Use$66,824$51,656▼ $15,168
Prepaid Expenses and Deferred Charges$10,417$3,545▼ $6,872
Total Assets$11,711,396$16,292,342▲ $4,580,946
Other Assets Total$10,130$10,130→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$848,787$828,032▼ $20,755
Accounts Payable and Accrued Expenses$144,500$197,001▲ $52,501
Deferred Revenue$129,545$137,580▲ $8,035
Other Liabilities$28,441$46,583▲ $18,142
Total Liabilities$1,151,273$1,209,196▲ $57,923
Net Assets / Fund Balance
Unrestricted Net Assets$8,912,222$9,194,990▲ $282,768
Temporarily Rstr Net Assets$1,647,901$5,888,156▲ $4,240,255
Total Net Assets Fund Balance$10,560,123$15,083,146▲ $4,523,023
Total Liabilities and Net Assets / Fund Balance$11,711,396$16,292,342▲ $4,580,946

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$67,345--
Buildings$632,441$3,366,057-
Other Land Buildings$704,953$418,463-
Equipment$2,859$20,888-
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry J GregoryPresidentFT$125,008$11,031$136,039
Suzette R LyonsSecretary/TreasurerFT$54,995$6,532$61,527

Board Members and Trustees

NameTitle
Marshall P CloydChairman
Scott RozzellVice-Chairman
Anthony HallBoard Member
Barry Hunsaker JrBoard Member
Bonnie DunbarBoard Member
Charles SzalkowskiBoard Member
Fay E GregoryBoard Member
James BathBoard Member
Jerome B SimonBoard Member
John F Bookout JrBoard Member
Ralph ThomasBoard Member
Rod Paige MDBoard Member
S Malcolm GillisBoard Member
Samuel RhoadesBoard Member
Steven R BiegelBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Fondren Kelly J DBA Fondren FundraiFundraising Consultant7811 Windswept Lane, Houston, TX 77063$154,127
Susanna Kartye DBA The Sarrazin GroNew building contractor6307 Grovewood Lane, Houston, TX 77008$140,108
Revenue and Support

Revenue Composition

Contributions and Grants
$5,506,971
Program Service Revenue
$496,823
Investment Income
$6,461
Other Revenue
$88,402
All Other Contributions
$5,443,579
Change in Net Assets
$4,523,703

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 Table3$608,496Fair market value
Securities Miscellaneous3$37,285Fair Market Value
Books and Publications-$4,634Fair Market Value
Other Non Cash Contri Table1$1,178Fair market value
Total Noncash Contributions7$651,593-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,176,223
Revenue Not Reported on Financial Statements
$-77,566
Revenue Not Reported on Form 990
$-680
Other Revenue Adjustments
$-77,566
Total Revenue per Audited Statements
$6,175,543
Total Revenue per Form 990
$6,098,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,117,627
Salaries, Compensation, and Employee Benefits$457,327
Total Fundraising Expense$356,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,553$93,274-$229,827
Insurance$171,542$34,046-$205,588
Current Officers, Directors, Trustees, and Key Employees-$180,003-$180,003
Depreciation Depletion$173,321--$173,321
Advertising--$114,177$114,177
Office Expenses$81,918$24,563$401$106,882
Occupancy$98,497$3,038-$101,535
Fees for Services Accounting-$64,874-$64,874
Interest$31,013--$31,013
Payroll Taxes$11,480$18,454-$29,934
Other Employee Benefits-$17,563-$17,563
Other Expenses$28,513$4,460$242,200$4,460
Fees for Services Other$1,725--$1,725
Travel$386$537-$923
All Other Expenses$704$164-$868
Total Functional Expenses$777,200$440,976$356,778$1,574,954

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,652,520
Expenses per Audited Statements$1,574,954
Total Expenses per Form 990$1,574,954
Expenses Not Reported on Form 990$77,566
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,000
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Capital Fund$14,200-$500-
Annual Fund$2,925-$500-
Total Events$17,125-$1,000$-1,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Accruals$46,583
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
No
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 6

“The organization has members but not stockholders.”

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

“Board members of the organization elect other board members.”

Form 990, Part VI, Section B, line 11

“The Form 990 is sent to the Chairman and Financial Committee for review before being filed.”

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

“Monitored by the Board of Directors.”

Form 990, Part VI, Section B, line 15B

“Compensation is determined by the Board.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lone Star Flight Museum
EIN
76-0213778
Phone
4097407722
Address
2002 Terminal Drive, Galveston, TX 77554-9279

Signing Officer

Name
Larry J Gregory
Title
President
Phone
4097407722
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry J Gregory
Formed
1987
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
14
Volunteers
75

Preparer

Firm
Harper & Pearson Company PC
Address
One Riverway Suite 1900, Houston, TX 77056
Preparer
Kristina H Hoang CPA
Phone
7136222310
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C

“The process that the committee uses to select an independent accountant and the responsibility it assumes for the oversight of the audit has not changed from prior years.”

Financial Statement Notes

Part III, Line 4:

“Collectible assets include aircraft, spare parts and other collection items for the Museum exhibitions & restoration.”

Part X, Line 2:

“The Museum believes that all significant tax positions utilized by the Museum will more likely than not be sustained upon examination. As of December 31, 2014, the tax years that remain subject to examination by the major tax jurisdictions under the statute of limitations are from the year 2011 forward (with limited exceptions). Tax penalties and interest, if any, would be accrued as incurred and would be classified as management and general expense in the statements of activities.”

Part XI, Line 4B - Other Adjustments:

“Cost of goods sold reported on Form 990, Part VIII, Line 10b Direct expenses reported on Form 990, Part VIII, Line 8b”

Part XII, Line 2D - Other Adjustments:

“Cost of goods sold reported on Form 990, Part VIII, Line 10b Direct expenses reported on Form 990, Part VIII, Line 8b”

Schedule D, Page 4, Part XI

“Part XI, Line 4b - Cost of goods sold ($76,566) is included as an expense on the audited financials but appears on the revenue section of the Form 990 (Page 9, Part VIII, line 10b). Part XI, Line 4b - Direct expenses ($1,000) related to fundraising event is included as an expense on the audited financials but appears on the revenue section of the Form 990 (Page 9, Part VIII, line 8b).”

Schedule D, Page 4, Part XII

“Part XII, Line 2d - Cost of goods sold ($76,566) is included as an expense on the audited financials but appears on the revenue section of the Form 990 (Page 9, Part VIII, line 10b). Part XII, Line 2d - Direct expense ($1,000) related to fundraising event is included as an expense on the audited financials but appears on the revenue section of the Form 990 (Page9, Part VIII, line 8b).”

Raw XML AppendixShowing 400 of 659 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/Form990PartVIISectionAGrp/PersonNm4Scott Rozzell
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IRS990/Form990PartVIISectionAGrp/PersonNm13Ralph Thomas
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IRS990/Form990PartVIISectionAGrp/PersonNm16Larry J Gregory
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1554995
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16125008
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
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice-Chairman
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/TitleTxt15Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt017125
IRS990/FundraisingDirectExpensesAmt01000
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt04683
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04683
IRS990/GrossReceiptsAmt06176223
IRS990/GrossSalesOfInventoryAmt0164477
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt034046
IRS990/InsuranceGrp/ProgramServicesAmt0171542
IRS990/InsuranceGrp/TotalAmt0205588
IRS990/InterestGrp/ProgramServicesAmt031013
IRS990/InterestGrp/TotalAmt031013
IRS990/InventoriesForSaleOrUseGrp/BOYAmt066824
IRS990/InventoriesForSaleOrUseGrp/EOYAmt051656
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01778
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01778
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt08949138
IRS990/InvestmentsProgramRelatedGrp/EOYAmt09536648
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03805408
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01177523
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01340253
IRS990/LandBldgEquipCostOrOtherBssAmt05145661
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt046267
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0None
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0848787
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0828032
IRS990/NetAssetsOrFundBalancesBOYAmt010560123
IRS990/NetAssetsOrFundBalancesEOYAmt015083146
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04683
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04683
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1000
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1000
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt087911
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt087911
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-680
IRS990/NoncashContributionsAmt0651593
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03038
IRS990/OccupancyGrp/ProgramServicesAmt098497
IRS990/OccupancyGrp/TotalAmt0101535
IRS990/OfficeExpensesGrp/FundraisingAmt0401
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024563
IRS990/OfficeExpensesGrp/ProgramServicesAmt081918
IRS990/OfficeExpensesGrp/TotalAmt0106882
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010130
IRS990/OtherAssetsTotalGrp/EOYAmt010130
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017563
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017563
IRS990/OtherExpensesGrp/Desc0Fundraising
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2Fuel Expense
IRS990/OtherExpensesGrp/Desc3Fines & Penalties
IRS990/OtherExpensesGrp/FundraisingAmt0242200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04460
IRS990/OtherExpensesGrp/ProgramServicesAmt041548
IRS990/OtherExpensesGrp/ProgramServicesAmt128513
IRS990/OtherExpensesGrp/TotalAmt0242200
IRS990/OtherExpensesGrp/TotalAmt141548
IRS990/OtherExpensesGrp/TotalAmt228513
IRS990/OtherExpensesGrp/TotalAmt34460
IRS990/OtherLiabilitiesGrp/BOYAmt028441
IRS990/OtherLiabilitiesGrp/EOYAmt046583
IRS990/OtherRevenueMiscGrp/BusinessCd0713990
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01491
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01491
IRS990/OtherRevenueTotalAmt01491
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093274
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0136553
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229827
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018454
IRS990/PayrollTaxesGrp/ProgramServicesAmt011480
IRS990/PayrollTaxesGrp/TotalAmt029934
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0399506
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02728505
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010417
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03545
IRS990/PrincipalOfficerNm0Larry J Gregory
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/Desc0Admissions
IRS990/ProgramServiceRevenueGrp/Desc1Aircraft Operations
IRS990/ProgramServiceRevenueGrp/Desc2Hotel Tax
IRS990/ProgramServiceRevenueGrp/Desc3Special Events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0213547
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1144990
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2124528
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt313758
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0213547
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1144990
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2124528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313758
IRS990/ProgSrvcAccomActy2Grp/Desc0Vintage aircraft restoration, maintenance and fuel in connection with display and operation of the historical aircraft to the general public.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0746187
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0588003
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0681858
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1954740
IRS990/PYOtherExpensesAmt01117504
IRS990/PYOtherRevenueAmt0120189
IRS990/PYProgramServiceRevenueAmt0585063
IRS990/PYRevenuesLessExpensesAmt0-2117595
IRS990/PYSalariesCompEmpBnftPaidAmt0432461
IRS990/PYTotalExpensesAmt01549965
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-567630
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04523703
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0657735
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0250000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0430000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01437735
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05506971
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0681858
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01482258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0470422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0594960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08736469
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01778
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01620
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0865
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0893
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06431
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0589908

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,292,342
Liabilities
$1,209,196
Net assets
$15,083,146
Revenue
$6,098,657
Expenses
$1,574,954
Net income
$4,523,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$9.60$25.9$4.26$6.08$1.81
2023Summary only. Only limited summary data is available for this year.$37.3$9.59$27.7$3.97$5.91$1.94
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.0$9.42$29.6$3.61$4.85$1.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.8$9.96$30.9$4.06$4.77$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.5$10.5$30.0$11.9$4.61$7.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.9$19.3$22.7$3.55$5.79$2.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.0$20.1$24.9$3.36$6.30$2.93
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.0$19.4$27.6$6.43$4.19$2.24
2016Summary only. Only limited summary data is available for this year.$34.6$9.00$25.6$13.5$2.45$11.1
2015Summary only. Only limited summary data is available for this year.$15.6$1.14$14.5$1.25$1.84$0.59
2014Detailed filing. Detailed filing data is available for this year.$16.3$1.21$15.1$6.10$1.57$4.52
2013Detailed filing. Detailed filing data is available for this year.$11.7$1.15$10.6$0.57$1.55$2.12
2012Summary only. Only limited summary data is available for this year.$13.7$1.05$12.7$2.43$1.77$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$1.09$12.0$1.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$1.25$12.2$1.29