Aircraft Carrier Hornet Foundation

Organization Overview

Aircraft Carrier Hornet Foundation, operating under the name Uss Hornet Sea Air & Space Museum, is located in Alameda, CA. The organization was established in 1995. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Uss Hornet Sea Air & Space Museum employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uss Hornet Sea Air & Space 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 06/2022, Uss Hornet Sea Air & Space Museum generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

AIRCRAFT CARRIER HORNET FOUNDATION PRESERVES AND HONORS THE LEGACY OF THE USS HORNET.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE USS HORNET IS A VINTAGE WWII AIRCRAFT CARRIER. MAINTAINING SUCH A LARGE SHIP IN GOOD ORDER IS COSTLY. MOREOVER, THE SHIP OPERATES AS A MUSEUM, SERVING THE PUBLIC; CONSEQUENTLY, THERE ARE MANY LOCAL INSPECTIONS DESIGNED TO SECURE PUBLIC SAFETY. MAINTAINING THE SHIP/MUSEUM IS AN ONGOING PROJECT.


PUBLIC PROGRAMS MAINLY ENCOMPASSES THE LIVE ABOARD PROGRAM WHICH SERVES SINGLES OR GROUPS FOR OVERNIGHT STAYS ON THE SHIP, AS WELL AS BIRTHDAY PARTIES. EDUCATION PROGRAMS ARE DESIGNED FOR SCHOOL AGED CHILDREN IN ACCORDANCE WITH STEM.


PRIVATE EVENTS ARE USUALLY LARGE GROUP OR CORPORATE EVENTS. COMMUNITY EVENTS ARE PROGRAMS TO CAPTURE LARGE GROUPS OF VISITORS TO THE MUSEUM ON IMPORTANT HOLIDAYS SUCH AS THE 4TH OF JULY OR MEMORIAL DAY, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Sam Lamonica
Board Chair
$0
Tim Lutz
Board Treasurer
$0
Sue Roderick
Board Secretary
$0
Kurt Libby
Board Member
$0
Cecilia Gaerlan
Board Member
$0
Jon Yuen
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$51,791
Fundraising events$0
Related organizations$0
Government grants $1,320,367
All other contributions, gifts, grants, and similar amounts not included above$438,200
Noncash contributions included in lines 1a–1f $60,646
Total Revenue from Contributions, Gifts, Grants & Similar$1,810,358
Total Program Service Revenue$1,635,221
Investment income $887
Tax Exempt Bond Proceeds $0
Royalties $1,499
Net Rental Income $29,500
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $10,147
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $96,348
Miscellaneous Revenue$0
Total Revenue $4,113,760

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