Massey Air Museum Inc
- Assets
- $206.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Massey, MD
- Founding
- 01/2005
- Data as of
- 12/2023
- EIN
- 37-1454652
Organization Overview
Massey Air Museum Inc is located in Massey, MD. The organization was established in 2005. 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. Massey Air 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 12/2023, Massey Air Museum Inc generated $58.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $39.5k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER & PRESERVE THE HISTORY OF GRASSROOTS AVIATION IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John F Williamson Director | 2 | $0 | |
Donald W Sloan Director | 2 | $0 | |
Robert R Dierker Treasurer | 5 | $0 | |
Nicholas Mirales President | 5 | $0 | |
Wilson R Lowry Director | 2 | $0 | |
William Dougherty Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,761 |
| Total Program Service Revenue | $57 |
| Membership dues | $0 |
| Investment income | $3,706 |
| Gain or Loss | $5,921 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,445 |
| 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 | $990 |
| Occupancy, rent, utilities, and maintenance | $22,572 |
| Printing, publications, postage, and shipping | $3,653 |
| Other expenses | $12,266 |
| Total expenses | $39,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,000 |
| Other assets | $0 |
| Total assets | $206,830 |
| Total liabilities | $0 |
| Net assets or fund balances | $206,830 |