Airport Foundation Msp
- Assets
- $950.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 26
- Location
- St Paul, MN
- Founding
- 09/1984
- Data as of
- 12/2020
- EIN
- 36-4088129
Organization Overview
Airport Foundation Msp is located in St Paul, MN. The organization was established in 1984. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2021, Airport Foundation Msp employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Airport Foundation Msp 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 12/2020, Airport Foundation Msp generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE AIRPORT FOUNDATION MSP DEDICATES ITSELF TO ENHANCING THE EXPERIENCE AND EXCEEDING THE EXPECTATIONS OF TRAVELERS AT MSP INTERNATIONAL AIRPORT, AS WELL AS SUPPORTING THE AIRPORT AND BROADER AVIATION COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVELERS ASSISTANCE - THIS PROGRAM IS STAFFED BY VOLUNTEERS AND SUPERVISED BY PAID STAFF, ASSISTS TRAVELERS AT MSP INTERNATIONAL AIRPORT WITH WAY-FINDING, TOURISM INFORMATION, FLIGHT INFORMATION, AND SPECIAL ASSISTANCE REQUESTS FROM LOCAL AGENCIES, AIRPORT TENANTS, AND TRAVELERS AND THEIR FAMILIES.
ARTS AND CULTURE - THE ARTS AND CULTURE PROGRAM SHOWCASES ARTISTIC TALENTS AND CULTURAL HIGHLIGHTS OF THE MINNESOTA REGION BY PARTNERING WITH LOCAL ORGANIZATIONS TO PROVIDE PERFORMING ARTS, ROTATING EXHIBITS, AND COMMISSIONED ART INSTALLATIONS THROUGHOUT MAC OWNED FACILITIES.
CONTRIBUTIONS AND BEAUTIFICATION - WORKING CLOSELY WITH THE METROPOLITAN AIRPORTS COMMISSION, THE FOUNDATION CONTRIBUTES TO PROJECTS WHICH ENHANCE AND BEAUTIFY AIRPORT FACILITIES. PROJECTS HAVE INCLUDED: HOLIDAY LIGHTING, ARTWORK, FLOWERS, THE AVIATION HISTORY CENTER, PLAY AREAS, AND THE INTERNATIONAL ARRIVAL FACILITY. THE FOUNDATION CONTINUES TO SUPPORT AVIATION RELATED PROJECTS SUCH AS THE AIR EXPO AT FLYING CLOUD AIRPORT AND DISCOVER AVIATION DAYS AT THE ANOKA AIRPORT. EACH OF THESE COMMUNITY EVENTS ATTRACT TENS OF THOUSANDS OF LOCAL RESIDENTS INTERESTED IN AVIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jana Webster Executive Director | Officer | 40 | $142,760 |
Tammy Hartman President | OfficerTrustee | 1 | $0 |
Chris Robertson Chair | OfficerTrustee | 1 | $0 |
John Nelson Vice President | OfficerTrustee | 1 | $0 |
Scott Brener Treasurer | OfficerTrustee | 1 | $0 |
Maureen Bausch Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,375 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $426,037 |
| Noncash contributions included in lines 1a–1f | $27,467 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $453,412 |
| Total Program Service Revenue | $716,581 |
| Investment income | $2,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$51,209 |
| Net Income from Gaming Activities | $202,537 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,324,223 |
| 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. | $133,829 |
| Compensation of current officers, directors, key employees. | $42,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $561,773 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,918 |
| Payroll taxes | $52,233 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,322 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,571 |
| Advertising and promotion | $2,711 |
| Office expenses | $36,646 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,510 |
| Insurance | $17,659 |
| All other expenses | $15,930 |
| Total functional expenses | $1,118,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566,739 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,783 |
| Net Land, buildings, and equipment | $182,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $129,444 |
| Total assets | $950,360 |
| Accounts payable and accrued expenses | $106,206 |
| Grants payable | $0 |
| Deferred revenue | $2,400 |
| 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 | $205,100 |
| Other liabilities | $0 |
| Total liabilities | $313,706 |
| Net assets without donor restrictions | $636,654 |
| Net assets with donor restrictions | $0 |
| 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 | $950,360 |
Grants Awarded
Over the last fiscal year, Airport Foundation Msp has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: To support aerospace education | $5,000 |
Eden Prairie, MN PURPOSE: Donation for event | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Airport Foundation Msp has recieved totaling $5,698.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,698 |
Endowment Analysis
| Beg. Balance | $129,444 |
| Earnings | $26,369 |
| Admin Expense | -$1,550 |
| Grants | -$4,810 |
| Ending Balance | $162,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Energy And Environment Minneapolis, MN | $44,159,185 | $20,004,969 |
Airport Foundation Msp St Paul, MN | $950,360 | $1,324,223 |
Keep Iowa Beautiful West Des Moines, IA | $250,279 | $665,822 |
Green Schools National Network Inc Iowa City, IA | $207,625 | $338,966 |
Green Minneapolis Minneapolis, MN | $1,800,606 | $610,185 |
Future Neenah Inc Neenah, WI | $1,629,801 | $509,007 |
Clean Up The River Environment Montevideo, MN | $879,808 | $688,112 |
Friends Of Thomas Lowry Park Minneapolis, MN | $45,503 | $46,620 |
Saint Paul Parks And Recreation Conservancy Saint Paul, MN | $747,798 | $349,737 |
Mississippi River Parkway Commission Madison, WI | $631,525 | $361,834 |
Neighborhood Forest Inc Minneapolis, MN | $3,924 | $211,442 |
Durwards Glen Olrg Ltd Baraboo, WI | $453,582 | $207,199 |