Kc Air Show Charities Inc is located in Kansas City, MO. The organization was established in 2018. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kc Air Show Charities 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 12/2019, Kc Air Show Charities Inc generated $938.1k in total revenue. All expenses for the organization totaled $892.4k during the year ending 12/2019.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE SPONSORING OF PUBLIC AIRSHOWS UNDER REGULATIONS AS SET FORTH BY THE FEDERAL AVIATION ADMINISTRATION (FAA); TO RAISE FUNDS TO BE USED FOR THE EDUCATION AND ADVOCACY OF AVIATION AND AVIATION HISTORY; TO ENCOURAGE STUDY OF AVIATION; TO STUDY AND DISSEMINATE INFORMATION AND TECHNIQUES CONCERNING THE MANUFACTURE, REPAIR, OPERATION AND MAINTENANCE OF AIRCRAFT; AND, TO ENGAGE IN OTHER RELATED CHARITABLE AND EDUCATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT FUNDRAISING EVENTS TO PROVIDE AVIATION EDUCATIONAL OPPORTUNITIES FOR YOUTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kerry Floyd Former President | OfficerTrustee | 40 | $57,250 |
Cory Mullins President | OfficerTrustee | 40 | $0 |
Johnny Rowlands Former Vice President | OfficerTrustee | 10 | $0 |
Charles Bogdon Vice President | OfficerTrustee | 10 | $0 |
Clifford Logan Treasurer | OfficerTrustee | 10 | $0 |
Wes Hatfield Former Treasurer | OfficerTrustee | 10 | $0 |
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 | $238,460 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $238,460 |
Total Program Service Revenue | $696,863 |
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 | $938,134 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $67,175 |
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. | $4,500 |
Compensation of current officers, directors, key employees. | $1,800 |
Compensation to disqualified persons | $1,575 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $56,887 |
Fees for services: Legal | $698 |
Fees for services: Accounting | $11,730 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $157,482 |
Advertising and promotion | $86,304 |
Office expenses | $6,201 |
Information technology | $1,633 |
Royalties | $0 |
Occupancy | $3,578 |
Travel | $97,265 |
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 | $0 |
Insurance | $12,956 |
All other expenses | $0 |
Total functional expenses | $892,359 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,142 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $2,200 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,000 |
Total assets | $68,342 |
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 | $68,342 |
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 | $68,342 |
Organization Name | Assets | Revenue |
---|---|---|
Downtown Riverfront Trust Omaha, NE | $158,815,743 | $28,894,950 |
Access Ventures Inc Louisville, KY | $43,826,766 | $16,386,169 |
Missouri River Historical Develop- Ment Inc Sioux City, IA | $5,283,123 | $4,260,184 |
Mid-America Regional Council Community Services Corporation Kansas City, MO | $2,213,477 | $3,497,916 |
East Moline Public Library Foundation East Moline, IL | $757,119 | $745,684 |
Lions Eye Bank Of Nebraska Inc Omaha, NE | $1,294,496 | $1,516,053 |
Memphis Land Bank Inc Memphis, TN | $18,817,383 | $908,597 |
Generating Income For Tomorrow Kansas City, MO | $295,787 | $1,133,745 |
Kc Air Show Charities Inc Kansas City, MO | $68,342 | $938,134 |
Michael E Portzen And Sara A Portzen Family Foundation Peosta, IA | $2,370,924 | $1,197,691 |
Heart Of America Redistribution Solutions And Support Sedalia, MO | $435,050 | $1,090,030 |
Community Betterment Organization Pella, IA | $2,432,406 | $1,698,245 |