Flying Heritage & Combat Armor Museum
- Assets
- $58.1m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-2836435
Organization Overview
Flying Heritage & Combat Armor Museum is located in Seattle, WA. The organization was established in 2018. 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. Flying Heritage & Combat Armor Museum 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, Flying Heritage & Combat Armor Museum generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (52.0%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. 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
OPERATION OF VINTAGE MILITARY TECHNOLOGY MUSEUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FHCAM RESTORES PLANES IN FRONT OF MUSEUM ATTENDEES. THESE PLANES ARE ON DISPLAY AT THE MUSEUM DURING AND AFTER RESTORATION. RESTORATION AND MAINTENANCE OF THE ASSETS CONTINUED WHILE THE MUSEUM WAS CLOSED AS A RESULT OF COVID-19, DESCRIBED BELOW, AND TO PRESERVE THE ASSETS UNTIL THEIR ULTIMATE DISPOSITION IN 2022.
FHCAM PROVIDES EDUCATIONAL PROGRAMMING ASSOCIATED WITH THE VINTAGE AIRCRAFT. THIS INCLUDES TOURS BY DOCENTS WHO RECEIVE TRAINING IN THE HISTORICAL, SOCIETAL, TECHNOLOGICAL AND SCIENTIFIC CONTEXT OF THE COLLECTION. IN ADDITION TO REGULAR MUSEUM ATTENDANCE, FHCAM HOLDS SUMMER CAMPS AND FIELD TRIPS FOR SCHOOL-AGE CHILDREN. IN MARCH 2020, THE WORLD HEALTH ORGANIZATION CATEGORIZED COVID-19 AS A GLOBAL PANDEMIC, PROMPTING MANY NATIONAL, REGIONAL, AND LOCAL GOVERNMENTS TO IMPLEMENT PREVENTATIVE OR PROTECTIVE MEASURES, SUCH AS TRAVEL AND BUSINESS RESTRICTIONS, TEMPORARY STORE CLOSURES, AND WIDE-SWEEPING QUARANTINES AND STAY-AT-HOME ORDERS. AS A RESULT OF THE SPREAD OF COVID-19 AND AT THE GOVERNMENT'S DIRECTION, THE MUSEUM CLOSED TO THE PUBLIC EFFECTIVE MARCH 6, 2020 FOR THE REMAINDER OF THE YEAR AND THROUGH 2021, TO BE REASSESSED AT A LATER TIME. UPON REASSESSMENT, THE MUSEUM REMAINED CLOSED AND ALL ASSETS WERE SOLD DURING 2022.
FHCAM HOSTS YEAR-ROUND EVENTS TO FACILITATE THE PRESENTATION OF THE AIRCRAFT AND ARTIFACTS OF THE COLLECTION TO THE PUBLIC. EACH OF OUR FLYING EVENTS HAS AN EDUCATIONAL COMPONENT WHERE GUEST SPEAKERS COME IN TO TALK ABOUT SELECT ARTIFACTS. ALL EVENTS WERE PUT ON HOLD STARTING MARCH 6, 2020 THROUGH DECEMBER 31, 2021 AS A RESULT OF COVID-19 DISCUSSED ABOVE. THESE EVENTS NEVER RESUMED IN 2022 AS A RESULT OF THE DECISION TO DISPOSE OF ALL ASSETS DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Pigman Dir/pres/treas Thru 12/2 | OfficerTrustee | 1 | $0 |
Christopher Orndorff Director | Trustee | 1 | $0 |
David Bunker Dir/sec Thru 12/2 | OfficerTrustee | 1 | $0 |
Stuart Ashman Director | Trustee | 1 | $0 |
Richard E Leigh Jr Director | Trustee | 1 | $0 |
Paul Maritz Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paul G Allen Estate Other Professional Fees | 12/30/22 | $1,469,939 |
Inter-con Security Systems Inc Security Services | 12/30/22 | $285,541 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,191,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,191,322 |
| Total Program Service Revenue | $141,075 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,332,397 |
| 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. | $351,888 |
| Compensation of current officers, directors, key employees. | $351,888 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $860 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $103,507 |
| Fees for services: Accounting | $44,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $85,928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,539,698 |
| 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 | $318,387 |
| Insurance | $257,443 |
| All other expenses | $0 |
| Total functional expenses | $2,939,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $873,873 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,279 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $99,909 |
| Prepaid expenses and deferred charges | $297,635 |
| Net Land, buildings, and equipment | $6,613,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,232,718 |
| Total assets | $58,146,985 |
| Accounts payable and accrued expenses | $298,933 |
| Grants payable | $0 |
| Deferred revenue | $536 |
| 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 | $299,469 |
| Net assets without donor restrictions | $57,847,516 |
| 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 | $58,146,985 |