National Air Sea And Space Foundation Inc

Organization Overview

National Air Sea And Space Foundation Inc is located in Melbourne, FL. The organization was established in 2010. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Air Sea And Space Foundation 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, National Air Sea And Space Foundation Inc generated $329.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $351.3k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL AIR, SEA AND SPACE FOUNDATION IS AN EDUCATIONAL, NONPROFIT ORGANIZATION DEDICATED TO THE ADVANCEMENT OF MILITARY, COMMERCIAL, AND CIVIL ENTERPRISES IN AIR, SEA, AND SPACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION ACHIEVED ITS PROGRAM SERVICE OBJECTIVES THIS YEAR THROUGH ONE SIGNATURE PROGRAM. THE FOUNDATION CONDUCTED THE COCOA BEACH AIR SHOW, APRIL 17-18, 2021, AN AVIATION EXPEDITION OPEN TO THE PUBLIC WITH A DIVERSE REPRESENTATION OF MILITARY AND CIVILIAN AIRCRAFT, EDUCATING OVER 100,000 SPECTATORS ABOUT THE OPPORTUNITIES IN THE GROWING AEROSPACE INDUSTRY IN COCOA BEACH, FL.


MAJOR STEPHEN "CAJUN" DEL BANGO, THUNDERBIRD 4, WAS KILLED WHEN HIS F-16 CRASHED JUST 10 DAYS AFTER PERFORMING IN THE 2018 MELBOURNE AIR SHOW. IN HONOR OF CAJUN, THE NATIONAL AIR SEA AND SPACE FOUNDATION IS PARTNERING WITH THE FLORIDA INSTITUTE OF TECHNOLOGY TO CREATE THE STEPHEN "CAJUN" DEL BANGO MEMBORIAL SCHOLARSHIP. EVERY YEAR THE CAJUN SCHOLARSHIP WILL GO TO HELP A STUDENT IN NEED TO GET THEIR WINGS AND PURSUE A FUTURE IN AVIATION.


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Board, Officers & Key Employees

Name (title)Compensation
Bryan S Lilley
Chairman
$0
Marshall Heard
Director
$0
Jerry Sansom
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $100,000
All other contributions, gifts, grants, and similar amounts not included above$77,617
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$177,617
Total Program Service Revenue$152,312
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $329,929

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