Tennessee Museum Of Flight Inc
- Assets
- $57.3k
- Revenue
- $272.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, TN
- Founding
- 01/1996
- Data as of
- 12/2023
- EIN
- 62-1617593
Organization Overview
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.
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 |
Grants Awarded
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 |