Air Classics Inc
- Assets
- $49.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Grove, IL
- Founding
- 07/1991
- Data as of
- 06/2023
- EIN
- 36-3686509
Organization Overview
Air Classics Inc is located in Sugar Grove, IL. The organization was established in 1991. 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. Air Classics 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 06/2023, Air Classics Inc generated $23.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $28.3k during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Luman President | 8 | $0 | |
Henry Winkler Vice President | 16 | $0 | |
William M Roth Treasurer | 16 | $0 | |
Steve Ports Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,738 |
| Total Program Service Revenue | $17,170 |
| Membership dues | $1,095 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,699 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,474 |
| Printing, publications, postage, and shipping | $195 |
| Other expenses | $10,592 |
| Total expenses | $28,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,646 |
| Other assets | $0 |
| Total assets | $48,955 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,955 |