Southern Museum Of Flight Fdn Inc
- Assets
- $2.3m
- Revenue
- $231.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 10/1976
- Data as of
- 06/2021
- EIN
- 63-6051240
Organization Overview
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 06/2021, Southern Museum Of Flight Fdn Inc generated $231.0k 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 (6.0%) each year. All expenses for the organization totaled $188.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Thompson Jr President | OfficerTrustee | 5 | $0 |
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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,097 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,146 |
| Total Program Service Revenue | $6,579 |
| Investment income | $1,733 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $500 |
| 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 | $6,197 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,005 |
| 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 | $100,000 |
| 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 | $9,481 |
| Advertising and promotion | $14,714 |
| Office expenses | $625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $405 |
| Travel | $36 |
| 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 | $5,085 |
| Insurance | $1,419 |
| All other expenses | $6,475 |
| Total functional expenses | $188,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,879 |
| 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 | $13,763 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,758,143 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $56,080 |
| Total assets | $2,253,865 |
| 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 | $2,253,865 |
| 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 | $2,253,865 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Museum Of Flight Fdn Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Calvin P & Irma B Bentley Charitable Fnd Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Museum Of Science Inc Miami, FL | $243,382,615 | $21,735,134 |
Orlando Science Center Inc Orlando, FL | $34,260,599 | $16,913,295 |
Museum Of Discovery And Science Inc Fort Lauderdale, FL | $26,090,212 | $5,193,840 |
South Florida Science Center & Aquarium Inc West Palm Beach, FL | $15,064,947 | $6,179,164 |
Elachee Nature Science Center Gainesville, GA | $3,722,676 | $1,815,302 |
Explore Center Inc Mobile, AL | $4,416,683 | $2,220,263 |
Great Smoky Mountain Heritage Center Inc Townsend, TN | $3,656,397 | $974,256 |
Computer Museum Of America Inc Roswell, GA | $321,819 | $737,971 |
The Emerald Coast Science Center Inc Fort Walton Beach, FL | $906,968 | $634,137 |
The@museum Of Information Explosion Huntsville, AL | $624,844 | $672,041 |
Fairhope Educational Enrichment Foundation Inc Fairhope, AL | $3,097,438 | $560,788 |
Railroad Museum Of South Florida Incorporated Fort Myers, FL | $715,000 | $440,397 |