Air Institute is located in Frederick, MD. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Air Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air Institute 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, Air Institute generated $273.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $259.2k during the year ending 06/2022. 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
AIR PROVIDES RURAL AND UNDER-RESOURCED COMMUNITIES WITH PROGRAMMING THAT INSPIRES NEW CONNECTIONS AND IGNITES THE CREATIVE ECONOMY. CREATIVE PEOPLE EXPAND BUSINESS SKILLS, BUSINESSPEOPLE GET MORE CREATIVE; THEY LEARN TO COLLABORATE, ADAPT, AND THRIVE TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AIR COLLABORATIVE IS AN EMPOWERING ECOSYSTEM THAT PROVIDES CREATIVES, BUSINESSES, AND COMMUNITIES THE TOOLS, RESOURCES, AND SUPPORT TO REALIZE THEIR POTENTIAL. DIVERSE COMMUNITY MEMBERS LEARN FROM EACH OTHER, SUPPORT EACH OTHER, AND PUT BOTH CREATIVE VISION AND BUSINESS KNOW-HOW TO WORK.THE WORK OF AIR COLLABORATIVE IS A FIELD-TESTED AND ITERATIVE, THREE-STEP PATHWAY DESIGNED TO BUILD INNOVATION AND ECONOMIC SUSTAINABILITY. AIR METHODS AND PROCESSES AMPLIFY UNIQUE CULTURES AND PEOPLE TO GROW DIVERSE, LOCALLY-LED BUSINESSES AND ENTERPRISES.OUR PROGRAMS ARE NOW BEING USED BY MANY SECTORS: ECONOMIC DEVELOPMENT, EMERGENCY MANAGEMENT AND DISASTER PREPAREDNESS, AND EDUCATION.STEP 1. ENGAGE WORKSHOPASSESS LOCAL INTEREST AND BUILD ENTHUSIASM.WORK WITH AIR, YOUR REGIONAL AIR AFFILIATE, AND YOUR COMMUNITY TO DISCOVER YOUR WAY FORWARD WITH A SIMPLE FIRST STEP. A TWO-HOUR ENGAGE WORKSHOP WILL INSPIRE HOPE, BUILD EMPATHY AND SELF-RELIANCE, DEVELOP NEW LEADERS, INCREASE LOCAL INVESTMENT, AND DIVERSIFY YOUR ECONOMY. WE'VE IDENTIFIED DIFFERENT TOPICS AND SECTORS TO HELP YOUR COMMUNITY BEGIN TO USE CREATIVITY TO GROW AND THRIVE. PICK THE BEST FOCUS FOR YOUR COMMUNITY AND THESE TWO-HOUR WORKSHOPS CAN GET YOU STARTED. WHEN PEOPLE MOVE TO ACTION TOGETHER, RELATIONSHIPS, OWNERSHIP, AND LEARNING BECOME DEEPER, AND REAL CHANGE IS POSSIBLE.WE WANT EVERY COMMUNITY TO RAISE THE VALUE OF ART AND CREATIVITY. WE PUT TOGETHER A STEP-BY-STEP PLAN FOR CONVENING PARTNERS IN YOUR COMMUNITY SO THAT YOU CAN GROW YOUR CREATIVE SECTOR AND THRIVE. OUR WORKSHOP CONTENT AND EXERCISES GIVE YOUR COMMUNITY AN IDEA OF WHAT THEY CAN DO TO MAKE YOUR COMMUNITY MORE VIBRANT. CONTACT YOUR REGIONAL AIR AFFILIATE AND THEY WILL SHARE EVERYTHING YOU NEED TO GATHER NEW PARTNERS AND HOST A WORKSHOP: LOGISTICS, AGENDA, POWERPOINT SLIDES, MARKETING MATERIALS, AND A SURVEY TO HELP ASSESS YOUR COMMUNITY READINESS FOR THIS WORK AND THE OTHER AIR PROGRAMS.STEP 2: SHIFTDESIGNING BENEFICIAL COMMUNITY PROJECTS.IN A MULTI-DAY, HANDS-ON WORKSHOP, AIR CERTIFIED FACILITATORS HELP SMALL TEAMS LEARN TO USE COLLABORATION SKILLS, DESIGN THINKING, AND BUSINESS PLANNING TO CREATE SMALL, LOCALLY IMPLEMENTABLE PROJECTS.DISCOVER NEW WAYS TO THINK ABOUT THE POWER OF CREATIVITY AND CHALLENGE YOUR MENTAL MODELS ABOUT ART, BUSINESS, COMMUNITY AND MONEY. TAKE THE MYSTERY OUT OF BUSINESS PLANNING. STRENGTHEN YOUR CREATIVE MUSCLES AND ENTREPRENEURIAL MINDSET. PRACTICE DESIGN THINKING AND PROTOTYPING.THE SHIFT WORKSHOP USES HANDS-ON COLLABORATION, DESIGN THINKING, AND BUSINESS PLANNING TO HELP GROW CREATIVE COMMUNITIES AND ECONOMIES.STEP 3: EVOLVELAUNCHING NEW VENTURES AND BUSINESS EXPANSIONS.PARTICIPANTS TAKE A FLEXIBLE, MULTI-MONTH, COMPREHENSIVE BUSINESS DEVELOPMENT PROGRAM DESIGNED TO TRANSFORM THEIR PASSIONS, INTERESTS, AND SKILLS INTO A VIABLE VENTURE, PROJECT, OR NEW LIFE PATH.EVOLVE IS A FLEXIBLE, MULTI-MONTH, BUSINESS DEVELOPMENT PROGRAM DESIGNED TO TRANSFORM PASSIONS, INTERESTS, AND SKILLS INTO A VIABLE VENTURE, PROJECT, OR NEW LIFE PATH. COHORTS OF CREATIVE ENTREPRENEURS LEARN PRACTICAL BUSINESS SKILLS USING DESIGN THINKING, THE AIR VENTURE CANVAS, AND LEAN STARTUP PRINCIPLES.EVOLVE'S APPROACH IS NONTRADITIONAL AND INDIVIDUALIZED. IF YOU DO THE WORK AND ATTEND THE CLASSES, YOU WILL HAVE THE KNOW-HOW AND TOOLS TO SUCCESSFULLY PLAN, BUILD, AND LAUNCH YOUR CREATIVE VENTURE. PARTICIPANTS EXPLORE THEIR PERSONAL NEEDS AND VALUES BEFORE FULLY INVESTING IN THEIR VENTURE. EACH PARTICIPANT PROTOTYPES THEIR NEW PRODUCT, PROGRAM OR SERVICE SO THEY CAN LEARN TO LISTEN TO REAL WORLD FEEDBACK. THROUGHOUT THE PROGRAM, PARTICIPANTS BUILD AND REFINE THEIR BUSINESS PLAN IN PREPARATION FOR A FINAL PRESENTATION THAT HELPS THEM GAIN SUPPORT FOR THEIR VENTURE. PARTICIPANTS HAVE ACCESS TO DYNAMIC FINANCIAL TOOLS, A MASTERMIND TEAM, AND EVEN INDIVIDUAL COACHING, IF DESIRED.FACILITATORS KEEP THINGS LOCALAIR CERTIFIED FACILITATORS ARE THE HEART OF THE OUR PROGRAMS. THEY PROVIDE A PERSONAL CONNECTION AND GIVE PARTICIPANTS CONFIDENCE THAT THEY CAN LEARN, CONNECT, CHANGE AND SUCCEED. WE INVEST IN YOUR LOCAL COMMUNITY BY PROVIDING MORE THAN TWENTY HOURS OF IN-PERSON TRAINING FOR EVERY FACILITATOR IN-DEPTH FACILITATION, PRESENTATION, AND COACHING SKILLS DESIGNED FOR YOUR SUCCESS.AIR FACILITATORS KNOW YOU HAVE THE ANSWERSIT IS AN ACQUIRED SKILL TO LEARN TO FACILITATE WITHOUT TEACHING OR LEADING OR PROVIDING AN "ANSWER." ALL OF OUR FACILITATORS WORK HARD TO MASTER THIS SKILL AND TO SHARE TOOLS WITH PARTICIPANTS SO THAT COMMUNITIES HAVE MORE PEOPLE READY TO BE OPEN FOR A TRULY LOCAL, COLLABORATIVE PROCESS AND CREATIVE ECOSYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Torrie Allen Officer | Trustee | 1 | $0 |
Jan Newcomb Officer | Trustee | 1 | $0 |
Donna Collins President | OfficerTrustee | 1 | $0 |
Jim Grace Clerk | OfficerTrustee | 1 | $0 |
Beth Flowers Executive Director | Officer | 40 | $92,894 |
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 | $116,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $116,000 |
Total Program Service Revenue | $157,460 |
Investment income | $15 |
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 | $273,475 |
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. | $100,000 |
Compensation of current officers, directors, key employees. | $10,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $54,167 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $23,694 |
Payroll taxes | $11,315 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,403 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $15,563 |
Office expenses | $4,824 |
Information technology | $6,690 |
Royalties | $0 |
Occupancy | $5,208 |
Travel | $5,556 |
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 | $1,981 |
All other expenses | $955 |
Total functional expenses | $259,187 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $126,859 |
Savings and temporary cash investments | $37,835 |
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 | $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 | $0 |
Total assets | $164,694 |
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 | $10,086 |
Total liabilities | $10,086 |
Net assets without donor restrictions | $0 |
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 | $154,608 |
Total liabilities and net assets/fund balances | $164,694 |