Castle Air Museum Foundation Incorporated is located in Atwater, CA. The organization was established in 1981. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Castle Air Museum Foundation Incorporated employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castle Air Museum Foundation Incorporated 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, Castle Air Museum Foundation Incorporated generated $761.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $532.5k 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
CASTLE AIR MUSEUM MISSION IS TO PRESERVE HISTORCIAL AVIATION EQUIPMENT AND TO EDUCATE ON THE ROLE AVIATION PLAYED IN KEEPING AMERICA FREE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION AND MAINTENANCE OF AVIATION EQUIPMENT FOR DISPLAY AND EDUCATIONAL PURPOSES.
COLLECTION AND MAINTENANCE OF AVIATION EQUIPMENT FOR DISPLAY AND EDUCATIONAL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Pruzzo Executive Di | Trustee | 40 | $79,787 |
Clay Garrison Chairman | Trustee | 3 | $0 |
Dennis Bruno Trustee/dire | Trustee | 2 | $0 |
William Emery Trustee/dire | Trustee | 2 | $0 |
Earl Skip Hinman Secretary | Trustee | 3 | $0 |
Michael Jensen Trustee/dire | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $53,002 |
Fundraising events | $6,248 |
Related organizations | $0 |
Government grants | $71,100 |
All other contributions, gifts, grants, and similar amounts not included above | $221,729 |
Noncash contributions included in lines 1a–1f | $983 |
Total Revenue from Contributions, Gifts, Grants & Similar | $352,079 |
Total Program Service Revenue | $229,129 |
Investment income | $5,356 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $61,039 |
Net Gain/Loss on Asset Sales | $20,653 |
Net Income from Fundraising Events | $63,317 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $30,338 |
Miscellaneous Revenue | $0 |
Total Revenue | $761,911 |
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 | $213,550 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $28,101 |
Payroll taxes | $19,220 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,417 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,508 |
Advertising and promotion | $59,507 |
Office expenses | $31,163 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $90,650 |
Travel | $561 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $131 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,844 |
Insurance | $16,741 |
All other expenses | $2,834 |
Total functional expenses | $532,530 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $193,318 |
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 | $6,093 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $539,306 |
Investments—publicly traded securities | $277,246 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,015,963 |
Accounts payable and accrued expenses | $23,884 |
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 | $25,000 |
Total liabilities | $48,884 |
Net assets without donor restrictions | $961,953 |
Net assets with donor restrictions | $5,126 |
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 | $1,015,963 |
Over the last fiscal year, we have identified 4 grants that Castle Air Museum Foundation Incorporated has recieved totaling $16,696.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,900 |
Stanislaus Community Foundation Modesto, CA | | $5,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,276 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Organization Name | Assets | Revenue |
---|---|---|
National Hot Rod Association San Dimas, CA | $60,527,116 | $84,074,162 |
The Exploratorium San Francisco, CA | $264,783,310 | $48,557,720 |
Oakland Museum Of California Oakland, CA | $69,568,610 | $21,712,450 |
Uss Midway Museum San Diego, CA | $89,557,357 | $9,957,373 |
Lucas Museum Of Narrative Art Los Angeles, CA | $1,047,180,873 | $200,315,657 |
Musical Instrument Museum Phoenix, AZ | $166,967,307 | $47,583,205 |
Operation Underground Railroad Inc Anaheim, CA | $68,076,312 | $47,549,013 |
Discovery Science Center Of Orange County Santa Ana, CA | $60,809,996 | $26,194,294 |
Grammy Museum Foundation Inc Los Angeles, CA | $19,726,049 | $9,757,476 |
Japanese American National Museum Los Angeles, CA | $64,155,556 | $8,326,332 |
Mingei International Inc San Diego, CA | $66,923,986 | $7,226,145 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |