Great Lakes Aerospace Science And Education Center Inc
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sheboygan, WI
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 20-4380296
Organization Overview
Great Lakes Aerospace Science And Education Center Inc is located in Sheboygan, WI. The organization was established in 2007. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, 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. Great Lakes Aerospace Science And Education Center 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, Great Lakes Aerospace Science And Education Center Inc generated $76.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $63.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FUNDS ARE USED TO PROVIDE THE AREA WITH A RESOURCE FOR SPACE TRAVEL AND EXPLORATION, AS WELL AS ROCKETRY AND SCIENCE ENTERTAINMENT AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Testwuide Co Chair | 0.5 | $0 | |
Roman Draughon Co Chair | 0.5 | $0 | |
Dr Jeff Leismer Director | 0.5 | $0 | |
Don Hammond Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $326 |
| Total Revenue | $76,351 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,405 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,143 |
| Total expenses | $63,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $877 |
| Other assets | $0 |
| Total assets | $27,135 |
| Total liabilities | $52,213 |
| Net assets or fund balances | -$25,078 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Great Lakes Aerospace Science And Education Center Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
For Inspiration And Recognition Of Science And Technology First Manchester, NH PURPOSE: Program Support | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science Center Of Iowa Des Moines, IA | $41,082,841 | $6,707,633 |
Chicago Academy Of Sciences Chicago, IL | $19,110,574 | $7,149,259 |
The Bakken Minneapolis, MN | $18,952,079 | $3,559,715 |
Wisconsin Agricultural Education Center Inc Manitowoc, WI | $11,673,876 | $384,322 |
Impression 5 Science Center Lansing, MI | $3,728,176 | $1,131,343 |
Wood Library-Museum Of Anesthesiology Schaumburg, IL | $13,983,152 | $1,032,421 |
Model-T Automotive Heritage Complex Inc Detroit, MI | $2,459,654 | $509,835 |
Beller Museum Westmont, IL | $72,757 | $0 |
Cognition Beulah, MI | $508,404 | $374,503 |
Iqhub St Johns, MI | $171,390 | $0 |
Homewood Science Center Homewood, IL | $444,098 | $145,048 |
Iowa Academy Of Science Cedar Falls, IA | $335,471 | $87,693 |