Bird Aviation Museum And Invention Center Inc
- Assets
- $1.1m
- Revenue
- $47.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Coeur Dalene, ID
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 26-1270021
Organization Overview
Bird Aviation Museum And Invention Center Inc is located in Coeur Dalene, ID. The organization was established in 2008. According to its NTEE Classification (A50) the organization is classified as: 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. Bird Aviation Museum And Invention 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 12/2023, Bird Aviation Museum And Invention Center Inc generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $561.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BIRD AVIATION MUSEUM AND INVENTION CENTER EXISTS TO SERVE THE LOCAL COMMUNITY AND BEYOND BY OFFERING A WORLD- CLASS EDUCATIONAL EXPERIENCE CENTERED AROUND THE THEMES OF AVIATION AND INNOVATION. THE BIRD AVIATION MUSEUM AND INVENTION CENTER STRIVES TO EDUCATE VISITORS ABOUT THE HISTORIC CONTRIBUTIONS OF AVIATORS AND INNOVATORS WHO HAVE HELPED CREATE MODERN TECHNOLOGY, AND CELEBRATE THESE INDIVIDUALS WHO HAVE FOREVER CHANGED THE WAY WE LIVE. IT IS ESPECIALLY COMMITTED TO COMMUNICATING A PHILOSOPHY THAT PEOPLE LEARN BEST IF THEY ARE ENCOURAGED TO FIND SOMETHING OF VALUE AND INTEREST UPON WHICH TO APPLY THEIR EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Rachel Schwam Director | 0 | $0 | |
Kristine Homant Director | 0 | $0 | |
Sheri Dennison Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,225 |
| Interest on Savings | $305 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,355 |
| Total Revenue | $47,885 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $36,393 |
| Pension plans, employee benefits | $11,076 |
| Interest | $0 |
| Taxes | $755 |
| Depreciation | $419,598 |
| Occupancy | $64,600 |
| Travel, conferences, and meetings | $96 |
| Printing and publications | $0 |
| Other expenses | $25,176 |
| Total operating and administrative expenses | $561,489 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $561,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,071 |
| Savings and temporary cash investments | $240,976 |
| 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 | $12,086 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $628,355 |
| Other assets | $150,847 |
| Total assets | $1,053,335 |
| Accounts payable and accrued expenses | $1,936 |
| 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 | $5,841 |
| Total liabilities | $7,777 |
Grants Awarded
Over the last fiscal year, Bird Aviation Museum And Invention Center Inc has awarded $200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SANDPOINT ACADEMY OF THE ARTS PURPOSE: EDUCATIONAL | $100 |
ROTARY CLUB OF PONDERAY PURPOSE: EDUCATIONAL | $100 |