International Womens Air And Space Museum Inc
- Assets
- $408.1k
- Revenue
- $56.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Cleveland, OH
- Founding
- 07/1976
- Data as of
- 12/2021
- EIN
- 31-0889469
Organization Overview
International Womens Air And Space Museum Inc is located in Cleveland, OH. The organization was established in 1976. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, International Womens Air And Space Museum Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Womens Air And Space Museum 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, International Womens Air And Space Museum Inc generated $56.1k 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 (10.2%) each year. All expenses for the organization totaled $139.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
OPERATE MUSEUM FOR THE GENERAL PUBLIC THAT IS DEDICATED TO THE PRESERVATION OF THE HISTORY OF WOMEN IN AVIATION AND SPACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE MUSEUM FOR THE GENERAL PUBLIC THAT IS DEDICATED TO THE PRESERVATION OF THE HISTORY OF WOMEN IN AVIATION.
PROMOTE CAREERS IN AVIATION AND SPACE TO STUDENTS THROUGH EDUCATIONAL PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Fisher Executive Director | Trustee | 40 | $37,000 |
Susan Schulhoff Lau Assistant Treasurer | OfficerTrustee | 0.5 | $0 |
Elizabeth M Toedt Executive VP | OfficerTrustee | 0.5 | $0 |
Marcy M Frumker Secretary | OfficerTrustee | 3 | $0 |
Debra Perelman President | OfficerTrustee | 6 | $0 |
Billie Geyer Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,830 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,318 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,980 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,128 |
| Total Program Service Revenue | $18,120 |
| Investment income | $10,368 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$86,261 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,681 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,072 |
| 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. | $28,622 |
| Compensation of current officers, directors, key employees. | $3,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,184 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,850 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,000 |
| Advertising and promotion | $80 |
| Office expenses | $1,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,980 |
| Travel | $1,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,604 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $351 |
| Insurance | $5,329 |
| All other expenses | $5,801 |
| Total functional expenses | $139,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,528 |
| Savings and temporary cash investments | $11,961 |
| 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 | $7,089 |
| Prepaid expenses and deferred charges | $16 |
| Net Land, buildings, and equipment | $1,108 |
| Investments—publicly traded securities | $303,408 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $408,110 |
| 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 | $0 |
| Other liabilities | $2,744 |
| Total liabilities | $2,744 |
| Net assets without donor restrictions | $392,746 |
| Net assets with donor restrictions | $12,620 |
| 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 | $408,110 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International Womens Air And Space Museum Inc has recieved totaling $312.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $212 |
Faye Kaplan Charitable Foundation Cleveland, OH PURPOSE: GENERAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Edison Institute Inc Dearborn, MI | $598,342,638 | $88,893,387 |
Conner Prairie Museum Inc Fishers, IN | $11,539,614 | $17,879,069 |
Gettysburg Foundation Gettysburg, PA | $96,770,268 | $15,954,577 |
National Constitution Center Philadelphia, PA | $153,929,623 | $18,487,505 |
Museum Of The American Revolution Philadelphia, PA | $136,106,228 | $14,346,373 |
National Veterans Memorial And Museum Operating Corporation Columbus, OH | $58,052,071 | $6,042,215 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Dayton History Dayton, OH | $68,372,034 | $7,774,649 |
National Underground Railroad Freedom Center Inc Cincinnati, OH | $30,820,781 | $4,231,725 |
Holocaust Memorial Center Farmington Hills, MI | $46,637,236 | $21,925,651 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
Motown Historical Museum Inc Detroit, MI | $36,344,932 | $14,838,936 |