Aviation Heritage Park Inc is located in Bowling Green, KY. The organization was established in 2005. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aviation Heritage Park Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Aviation Heritage Park Inc generated $431.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $63.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESTORATION OF AUTHENTIC AIRCRAFT TO HIGHLIGHT BOWLING GREEN & SOUTH CENTRAL KENTUCKY'S RICH AVAIATION HERITAGE, MEMORIALIZE ALL OF THE AREA'S AVIATORS, AND TO SERVE AS AN EDUCATIONAL TOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION OF AUTHENTIC AIRCRAFT TO HIGHLIGHT BOWLING GREEN & SOUTH CENTRAL KENTUCKY'S RICH AVIATION HERITAGE, MEMORIALIZE ALL OF THE AREA'S AVIATORS, AND TO SERVE AS AN EDUCATION TOOL.
RESTORATION OF AUTHENTIC AIRCRAFT TO HIGHLIGHT BOWLING GREEN & SOUTH CENTRAL KENTUCKY'S RICH AVIATION HERITAGE, MEMORIALIZE ALL OF THE AREAS AVIATORS, AND TO SERVE AS AN EDUCATIONAL TOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Cowles President | OfficerTrustee | $0 | |
Susan Harmon Secretary | OfficerTrustee | $0 | |
R Kim Kirby Treasurer | OfficerTrustee | $0 | |
Dr Joe Tucker Vice Preside | OfficerTrustee | $0 | |
Joe Tinius Past Preside | OfficerTrustee | $0 | |
Jim Allen Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $62,800 |
Related organizations | $0 |
Government grants | $30,000 |
All other contributions, gifts, grants, and similar amounts not included above | $331,268 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $424,068 |
Total Program Service Revenue | $0 |
Investment income | $267 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,736 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $431,106 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,988 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,013 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $552 |
Office expenses | $3,263 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,342 |
Travel | $451 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $85 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,927 |
Insurance | $1,154 |
All other expenses | $272 |
Total functional expenses | $63,501 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $141,505 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $330,728 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $20,000 |
Intangible assets | $0 |
Other assets | $1,283,340 |
Total assets | $1,775,573 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $34,284 |
Other liabilities | $1,172 |
Total liabilities | $35,456 |
Net assets without donor restrictions | $1,740,117 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,775,573 |
Over the last fiscal year, we have identified 1 grants that Aviation Heritage Park Inc has recieved totaling $57.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $57 |
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