Stafford Air & Space Museum Foundation
- Assets
- $3.4m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Weatherford, OK
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 61-1548730
Organization Overview
Stafford Air & Space Museum Foundation is located in Weatherford, OK. The organization was established in 2008. 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. Stafford Air & Space Museum 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, Stafford Air & Space Museum Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $412.9k during the year ending 12/2021. While expenses have increased by 4.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CITIZENS WITH A FIRST CLASS AIR AND SPACE MUSEUM FOR INSTRUCTIONAL BENEFIT FOR GENERATIONS TO COME
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CITIZENS WITH A FIRST CLASS AIR AND SPACE MUSEUM FOR INSTRUCTIONAL BENEFIT FOR GENERATIONS TO COME
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Defehr President | OfficerTrustee | 0 | $0 |
Thad Wolgamott Vice President | OfficerTrustee | 0 | $0 |
Cody Bell Secretary | OfficerTrustee | 0 | $0 |
Gary Mol Treasurer | OfficerTrustee | 0 | $0 |
Bill Moore Director | Trustee | 0 | $0 |
Randy Beutler Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,250 |
| Fundraising events | $6,375 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,751,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,808,550 |
| Total Program Service Revenue | $0 |
| Investment income | $35,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167,293 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,011,557 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,256 |
| Fees for services: Accounting | $2,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,165 |
| Office expenses | $876 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $126 |
| 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 | $5,517 |
| Insurance | $3,615 |
| All other expenses | $18,531 |
| Total functional expenses | $412,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,968 |
| Savings and temporary cash investments | $1,432,537 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $64,837 |
| Investments—publicly traded securities | $1,688,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,407,005 |
| Accounts payable and accrued expenses | $26,197 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,197 |
| Net assets without donor restrictions | $311,848 |
| Net assets with donor restrictions | $3,068,960 |
| 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 | $3,407,005 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stafford Air & Space Museum Foundation has recieved totaling $150,247.
| Awarding Organization | Amount |
|---|---|
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $150,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $247 |
Endowment Analysis
| Beg. Balance | $975,399 |
| Ending Balance | $975,399 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holy Land Experience Ministries Inc Fort Worth, TX | $0 | $1,182,196 |
Museum Of The Bible Inc Oklahoma City, OK | $471,961,036 | $30,370,412 |
Commemorative Air Force Dallas, TX | $31,700,187 | $23,919,156 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Witte Museum San Antonio, TX | $80,577,156 | $11,273,075 |
American Airpower Heritage Museum Inc Dallas, TX | $14,350,324 | $12,462,262 |
National Cowboy And Western Heritage Museum Inc Oklahoma City, OK | $111,505,092 | $15,269,819 |
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Fort Worth Museum Of Science And History Fort Worth, TX | $55,575,767 | $8,824,812 |
Holocaust Museum Houston Houston, TX | $41,860,555 | $7,348,837 |
The Arts And Recreation Foundation Of Overland Park Inc Overland Park, KS | $7,303,812 | $3,542,683 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |