Stearman Restorers Association Inc is located in Middlebury, IN. The organization was established in 2000. According to its NTEE Classification (N05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stearman Restorers Association 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, Stearman Restorers Association Inc generated $79.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $86.3k during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PUBLISH AND SISTRIBUTE TO MEMBERS A QUARTERLY NEWSLETTER "THE OUTFIT" AND A QUARTERLY MAGAZINE "THE STEARMAN FLYING"
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Rutledge President | 20 | $0 | |
Tye Hammerie Historian | 5 | $0 | |
Brett Anderson Vice President | 20 | $0 | |
Ben Mcmahan Treasurer | 20 | $0 | |
Brian Rosenstein Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $61,026 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $18,390 |
Total Revenue | $79,416 |
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 | $436 |
Printing, publications, postage, and shipping | $28,049 |
Other expenses | $57,863 |
Total expenses | $86,348 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $133,136 |
Other assets | $0 |
Total assets | $133,136 |
Total liabilities | $0 |
Net assets or fund balances | $133,136 |
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