Tennessee Museum Of Flight Inc is located in Louisville, TN. The organization was established in 1996. 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. Tennessee Museum Of Flight Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING SCHOOL ACTIVITIES RELATIVE TO SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS ("STEAM") CURRICULUM, GENERAL AVIATION, AND AEROSPACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John P Shoffner Director / President | 2 | $0 | |
Jamie S Bowling Director / Secretary | 1 | $0 | |
James J Shoffner Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $297,300 |
Interest on Savings | $44 |
Dividends & Interest | $240 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$25,436 |
Capital Gain Net Income | $196,297 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $272,148 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $12,000 |
Other expenses | $61,406 |
Total operating and administrative expenses | $86,020 |
Contributions, gifts, grants paid | $128,918 |
Total expenses and disbursements | $214,938 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $57,328 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $57,328 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Tennessee Museum Of Flight Inc has awarded $128,918 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
AURELIA INSTITUTE PURPOSE: PERSEID FOUNDATION DONATED THIS MONEY TO AURELIA INSTITUTE TO SPONSOR A STEM CAMP FOR CHILDREN IN MASSACHUSETTS. | $25,000 |
MIDDLESBORO INDEPENDENT SCHOOLS PURPOSE: PERSEID FOUNDATION DONATED THIS MONEY TO MIDDLESBORO INDEPENDENT SCHOOLS TO DEVELOP A STEM PROGRAM TO HELP FOSTER A LOVE FOR SCIENCE IN SOUTHEASTERN KENTUCKY. | $103,918 |