Grimes Flying Lab Foundation
- Assets
- $187.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Urbana, OH
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 43-1981604
Organization Overview
Grimes Flying Lab Foundation is located in Urbana, OH. The organization was established in 2003. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Grimes Flying Lab Foundation 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, Grimes Flying Lab Foundation generated $45.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $31.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO EDUCATE THE PUBLIC IN URBANA, OHIO AND THE UNITED STATES REGARDING THE HISTORY OF AIRCRAFT LIGHTING, AND THE ROLE OF THE GRIMES MANUFACTURING CO. APPROXIMATELY 5,500 PEOPLE VISITED THE FLYING LAB MUSEUM IN FISCAL YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Henson President | 4 | $0 | |
Mike Forhan Vice President | 4 | $0 | |
Roger Deere Director | 4 | $0 | |
Jerry Gecowets Director | 4 | $0 | |
Elton Cultice Treasurer | 4 | $0 | |
Elaine Lininger Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,811 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $29 |
| Total Revenue | $45,840 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $8,805 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,223 |
| Total expenses | $31,578 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,348 |
| Other assets | $0 |
| Total assets | $186,997 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,997 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grimes Flying Lab Foundation has recieved totaling $10,027.
| Awarding Organization | Amount |
|---|---|
Grimes Foundation Urbana, OH PURPOSE: CIVIC | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Sunset Memorial Park Association North Olmsted, OH | $79,187,854 | $7,193,716 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Cuyahoga Valley Preservation And Scenic Railway Association Peninsula, OH | $11,093,810 | $8,580,241 |
Western Reserve Historical Society Cleveland, OH | $45,747,344 | $9,269,565 |
Stan Hywet Hall & Gardens Inc Akron, OH | $11,720,685 | $5,111,685 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
Arlington Memorial Gardens Assoc Inc Cincinnati, OH | $20,107,883 | $6,307,939 |
Hudson Library & Historical Society Hudson, OH | $7,551,433 | $4,693,628 |
Old Tiger Stadium Conservancy Detroit, MI | $90,494 | $3,111,920 |
Historic Philadelphia Inc Philadelphia, PA | $3,283,925 | $2,948,656 |
Thomas J Emery Memorial Cincinnati, OH | $34,932,147 | $4,221,495 |