Civic Intelligence

United States Southwest Soaring Museum Inc

EIN 85-0436212 • 501(c)3 • Moriarty, NM

Profile

A non-profit museum.

PO Box 3626Moriarty, NM 87035
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

95th percentile

86%

Higher net margin than 95% of similar nonprofits.

NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

Down

$139,592

Down $3,349,488 (-96%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Up

$136,977

Up $132,933 (+3287%) from 2018

Expenses

Down

$19,179

Down $22,025 (-53%) from 2018

Net Income

Up

$117,798

Up $154,958 (+417%) from 2018

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,319,495Liabilities 2011: $0Net Assets 2011: $2,319,4952011Assets 2012: $2,241,729Liabilities 2012: $0Net Assets 2012: $2,241,7292012Assets 2013: $2,300,901Liabilities 2013: $0Net Assets 2013: $2,300,9012013Assets 2014: $2,384,381Liabilities 2014: $0Net Assets 2014: $2,384,3812014Assets 2015: $3,427,480Liabilities 2015: $0Net Assets 2015: $3,427,4802015Assets 2016: $3,515,645Liabilities 2016: $0Net Assets 2016: $3,515,6452016Assets 2017: $3,526,240Liabilities 2017: $0Net Assets 2017: $3,526,2402017Assets 2018: $3,489,080Liabilities 2018: $0Net Assets 2018: $3,489,0802018Assets 2023: $139,592Liabilities 2023: $02023

Highlighted filing

2023

Assets$139,592
Liabilities$0
Net Assets-

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $40,6302011Revenue 2012: $28,479Expenses 2012: $44,629Net Income 2012: -$16,1502012Revenue 2013: $74,715Expenses 2013: $61,374Net Income 2013: $13,3412013Revenue 2014: $61,582Expenses 2014: $44,632Net Income 2014: $16,9502014Revenue 2015: $1,045,425Expenses 2015: $44,314Net Income 2015: $1,001,1112015Revenue 2016: $127,337Expenses 2016: $39,172Net Income 2016: $88,1652016Revenue 2017: $61,652Expenses 2017: $51,057Net Income 2017: $10,5952017Revenue 2018: $4,044Expenses 2018: $41,204Net Income 2018: -$37,1602018Revenue 2023: $136,977Expenses 2023: $19,179Net Income 2023: $117,7982023

Highlighted filing

2023

Revenue$136,977
Expenses$19,179
Net Income$117,798

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 14, 2015
Return Version
2014v5.0
Gross Receipts
$85,582
Mission and Program Overview

Mission

EDUCATION

A non-profit museum. We are dedicated to preserving and presenting the history of soaring and gliding by aircraft and to introducing the general public to the art and sport of soaring flight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,300,901$2,384,381▲ $83,480
Land, Buildings, and Equipment, Net$1,147,961$1,134,220▼ $13,741
Investments Other Securities$285,137$353,768▲ $68,631
Cash and Non-Interest-Bearing Accounts$26,430$32,170▲ $5,740
Accounts Receivable$150--
Total Assets$2,300,901$2,384,381▲ $83,480
Other Assets Total$841,223$864,223▲ $23,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,300,901$2,384,381▲ $83,480
Total Liabilities and Net Assets / Fund Balance$2,300,901$2,384,381▲ $83,480

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$536,832$130,429-
Other Land Buildings$64,556--
Land$519,999--
Equipment$12,833--
Other Assets Org$800--
Other Securities$5,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
George ApplebayPresident
Bob HudsonVice President
Jim BoboHonorary Board Member
Bob LeonardMember-at-Large
Jd HussMember-at-Large
Kathy TaylorSecretary/Newsletter Editor
Revenue and Support

Revenue Composition

Contributions and Grants
$51,679
Program Service Revenue
$4,581
Investment Income
$219
Other Revenue
$5,103
All Other Contributions
$50,414
Change in Net Assets
$16,950

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
Boats and Planes2$47,000Fair Market Value (FMV)
Total Noncash Contributions2$47,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,632
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$0$13,741$0$13,741
Fees for Services Other$11,020$0$0$11,020
All Other Expenses$3,366$6,208$0$9,574
Advertising$3,432$0$0$3,432
Fees for Services Accounting$0$2,420$0$2,420
Office Expenses$0$1,322$0$1,322
Occupancy$0$865$0$865
Other Expenses$0$610$0$610
Travel$503$0$0$503
Information Technology$315$0$0$315
Interest$0$5$0$5
Total Functional Expenses$18,636$25,996$0$44,632
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
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
United States Southwest Soaring Museum Inc
EIN
85-0436212
Phone
5058329222
Address
PO Box 3626, Moriarty, NM 87035

Signing Officer

Name
Bob Hudson
Title
Vice President
Phone
5058329222
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Applebay
Formed
1998
Legal Domicile
Nm
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
10

Preparer

Firm
EZ Business Solutions Inc
Address
PO BOX 1090, TIJERAS, NM 87059-1090
Preparer
Erika Zahnle
Phone
5052391577
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Provided to Vice President of the board for review

Pt VI, Line 19

Available upon request and on NM Attorney General's website

Pt VII, Col (E)

No compensation

Pt VII, Col (F)

No compensation

Pt XII, Line 2C

Financial statements are reviewed at monthly board meetings

Pt XII, Line 1

Financial Statements are compiled by an independant accounting firm.

Pt VI, Line 7A

Members have the power to appoint and/or approve board members

Pt VI, Line 6

The museum has members that pay membership dues.

Form 990, Part III, Line 4D

Museum website to attract customer and provide online 315. 0. 0. Registrations for museum aircraft 190. 0. 0. Made improvements to museum displays 1130. 0. 0. Travel & other expenses for trip to az and tx 503. 0. 0.

Form 990, Part IX, Line 24F

Maintenance 303. 0. 303. 0. Foundation expense 200. 0. 200. 0. Licenses & permits 55. 0. 55. 0. Miscellaneous 475. 0. 475. 0. Newsletter 648. 648. 0. 0. Printing 1398. 1398. 0. 0. Registration fees 190. 190. 0. 0. Rent 0. 0. 0. 0. Repairs 55. 0. 55. 0. Supplies/display 1130. 1130. 0. 0. Telephone 590. 0. 590. 0. Utilities 4530. 0. 4530. 0.

Financial Statement Notes

Pt III, Line 4

The collection consists of historical and current

Pt III, Line 4

gliders, sailplanes and other soaring and gliding

Pt III, Line 4

aircraft and memorabilia. The purpose of the collection is to present it to the general public, to educate about the history of gliding, to help promote the idea of powerless flight, and to preserve and restore historical aircraft for future generations.

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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02384381
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Refund down pmt from Mueller Bldg Systmes 2014: 1215. Description: Sale of clay pots 2014: 40. Description: 1-26 Information sheets 2014: 50. Description: Fuel refund 2014: 38.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013838
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05622
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0258426
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05807
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02572
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07304
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0603
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05460
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021746
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07337
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05586
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt029677
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05807
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02572
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0603
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05460
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021746
IRS990ScheduleA/InvestmentIncomeCYPct00.06990
IRS990ScheduleA/InvestmentIncomePYPct00.06870
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01343
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01343
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.72010
IRS990ScheduleA/PublicSupportPY509Pct00.69540
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0224103
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt058000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt064000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt058000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt064000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt021175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0128381
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010144
IRS990ScheduleA/Total509Grp/TotalAmt0288103
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0311192
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0843303
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt047000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0536832
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0130429
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0667261
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt012833
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt012833
IRS990ScheduleD/LandGrp/BookValueAmt0519999
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0519999
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07320
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1758328
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt284975
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt411000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5800
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Library
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Museum Assets: Gliders
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Museum Assets: Display
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Office Equipment
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4LS-3 Instruments and Parts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Suspense
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt064556
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt064556
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt030056
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1212910
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt220167
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt385635
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt45000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Walmart
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Fiserv
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Cisco
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Wells Fargo CD
IRS990ScheduleD/OtherSecuritiesGrp/Desc4Mati Stock
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The collection consists of historical and current
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1gliders, sailplanes and other soaring and gliding
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2aircraft and memorabilia. The purpose of the collection is to present it to the general public, to educate about the history of gliding, to help promote the idea of powerless flight, and to preserve and restore historical aircraft for future generations.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01134220
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0864223
IRS990ScheduleD/TotalBookValueSecuritiesAmt0353768
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/BoatsAndPlanesGrp/ContributionCnt02
IRS990ScheduleM/BoatsAndPlanesGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/BoatsAndPlanesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/BoatsAndPlanesGrp/NoncashContributionsRptF990Amt047000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Provided to Vice President of the board for review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request and on NM Attorney General's website
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No compensation

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