Southern Museum Of Flight Fdn Inc is located in Birmingham, AL. The organization was established in 1976. According to its NTEE Classification (A57) the organization is classified as: Science & Technology 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. Southern Museum Of Flight Fdn 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 06/2022, Southern Museum Of Flight Fdn Inc generated $197.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $253.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM OF AVIATION HISTORY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OF AVIATION HISTORY, OPEN TO THE PUBLIC 9:00AM TO 5:00PM, TUESDAY - SATURDAY, AND 1:00PM TO 5:00PM ON SUNDAY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan F Shaw Secretary | OfficerTrustee | 5 | $0 |
Steve Glenn Vice President | OfficerTrustee | 1 | $0 |
Dr Brian Barsanti Executive Director | OfficerTrustee | 40 | $0 |
George Anderson Treasurer | OfficerTrustee | 5 | $0 |
Paul Maupin Chairman | OfficerTrustee | 1 | $0 |
Alan S Mosley Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $5,685 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $114,690 |
All other contributions, gifts, grants, and similar amounts not included above | $43,683 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $164,058 |
Total Program Service Revenue | $21,447 |
Investment income | $1,772 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,809 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$1,007 |
Miscellaneous Revenue | $0 |
Total Revenue | $197,172 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $104,167 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,305 |
Advertising and promotion | $13,860 |
Office expenses | $2,295 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $3,924 |
Insurance | $1,420 |
All other expenses | $8,590 |
Total functional expenses | $253,678 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $374,788 |
Savings and temporary cash investments | $0 |
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 | $12,273 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,754,218 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $56,080 |
Total assets | $2,197,359 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $2,197,359 |
Net assets with donor restrictions | $0 |
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 | $2,197,359 |