North Cascades Vintage Aircraft Museum
- Assets
- $472.5k
- Revenue
- $13.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 05/2003
- Data as of
- 12/2019
- EIN
- 04-3722406
Organization Overview
North Cascades Vintage Aircraft Museum is located in Bellevue, WA. The organization was established in 2003. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations.
For the year ending 12/2019, North Cascades Vintage Aircraft Museum generated $13.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (53.2%) each year. All expenses for the organization totaled $167.6k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NORTH CASCADES VINTAGE AIRCRAFT MUSEUM WAS FOUNDED FORTHE PURPOSE OF SHARING THE LOVE OF AVIATION WITH OTHERS. THE MUSEUM BEGAN WINDING DOWN OPERATIONS IN 2018 WITH THE SALE AND DONATION OF IT'S ENTIRE COLLECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Ladd Board Chair/treasurer | 2 | $0 | |
Sharon S Ladd Secretary | 2 | $0 | |
Thomas S Bourne Director/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $221 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,416 |
| Capital Gain Net Income | $13,416 |
| Net ST Capital Gain | $0 |
| Income Modifications | $2,366 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,637 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $513 |
| Interest | $0 |
| Taxes | $11,897 |
| Depreciation | $0 |
| Occupancy | $132 |
| Travel, conferences, and meetings | $92 |
| Printing and publications | $0 |
| Other expenses | $3,963 |
| Total operating and administrative expenses | $41,796 |
| Contributions, gifts, grants paid | $125,790 |
| Total expenses and disbursements | $167,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $472,498 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $472,498 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, North Cascades Vintage Aircraft Museum has awarded $1,849,444 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Hood River, OR PURPOSE: MUSEUM COLLECTIONS & EXHIBITS | $746,276 |
Port Townsend, WA PURPOSE: MUSEUM COLLECTIONS & EXHIBITS | $701,195 |
TOWN OF CONCRETE PURPOSE: AIRPLANE HANGAR | $312,053 |
TOWN OF CONCRETE PURPOSE: FUEL STATION | $89,920 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Experience Learning Community Seattle, WA | $150,532,395 | $23,528,435 |
Charles & Emma Frye Free Public Art Museum Inc Testamentary Trust Seattle, WA | $67,990,835 | $9,421,562 |
Safari Game Search Foundation Winston, OR | $11,893,690 | $8,001,628 |
Flying Heritage & Combat Armor Museum Severett, WA | $57,687,450 | $4,791,140 |
Sno-King Ice Sports Kirkland, WA | $2,403,737 | $2,901,295 |
Columbia River Maritime Museum Inc Astoria, OR | $27,133,708 | $10,271,351 |
Lemay-Americas Car Museum Tacoma, WA | $51,076,971 | $3,774,944 |
Bainbridge Island Museum Of Art Bainbridge Island, WA | $19,171,950 | $2,672,018 |
Bird Aviation Museum And Invention Center Inc Coeur Dalene, ID | $2,243,329 | $40,164 |
Alutiiq Heritage Foundation Kodiak, AK | $6,297,980 | $6,482,918 |
Western Antique Aeroplane Andautomobile Museum Hood River, OR | $6,901,365 | $1,601,440 |
Northwest African American Museum Inc Seattle, WA | $2,508,685 | $2,382,834 |