International Skydiving Museum & Hall Of Fame is located in Fredericksburg, VA. The organization was established in 1972. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, International Skydiving Museum & Hall Of Fame employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Skydiving Museum & Hall Of Fame 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, International Skydiving Museum & Hall Of Fame generated $804.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $538.7k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROMOTE AWARENESS OF SKYDIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AWARENESS AND UNDERSTANDING OF THE SPORT OF SKYDIVING, PRESERVE THE HISTORY OF SKYDIVING, ENHANCE AVIATION SAFETY, AND TO BUILD A MUSEUM DEDICATED TO THE SPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Mccormick Director Of Development | 22 | $102,375 | |
James F Curtis III President/ceo | OfficerTrustee | 1 | $0 |
Christopher Needels Chairman | OfficerTrustee | 1 | $0 |
Graeme Windsor Vice President | OfficerTrustee | 1 | $0 |
Alvin Schlichtemeier Treasurer | OfficerTrustee | 1 | $0 |
Marylou Laughlin Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $70,481 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $692,454 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $762,935 |
Total Program Service Revenue | $0 |
Investment income | $9,955 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $29,990 |
Net Income from Fundraising Events | $1,267 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $804,147 |
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 | $144,582 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,605 |
Payroll taxes | $15,373 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,900 |
Fees for services: Accounting | $13,183 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,423 |
Fees for services: Other | $33,645 |
Advertising and promotion | $72,975 |
Office expenses | $43,231 |
Information technology | $13,588 |
Royalties | $0 |
Occupancy | $15,557 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $47,903 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,800 |
Insurance | $2,389 |
All other expenses | $0 |
Total functional expenses | $538,687 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $724,390 |
Savings and temporary cash investments | $608,968 |
Pledges and grants receivable | $1,226,861 |
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 | $1,097 |
Prepaid expenses and deferred charges | $1,247 |
Net Land, buildings, and equipment | $3,606,018 |
Investments—publicly traded securities | $739,762 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $9,000 |
Other assets | $0 |
Total assets | $6,917,343 |
Accounts payable and accrued expenses | $8,803 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $8,803 |
Net assets without donor restrictions | $4,661,478 |
Net assets with donor restrictions | $2,247,062 |
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 | $6,917,343 |
Over the last fiscal year, we have identified 2 grants that International Skydiving Museum & Hall Of Fame has recieved totaling $6,028.
Awarding Organization | Amount |
---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
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