March Field Museum Foundation Inc
- Assets
- $1.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 13
- Location
- March Air Reserve Base, CA
- Founding
- 11/1980
- Data as of
- 12/2021
- EIN
- 95-3539447
Organization Overview
March Field Museum Foundation Inc is located in March Air Reserve Base, CA. The organization was established in 1980. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, March Field Museum Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. March Field Museum Foundation 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 12/2021, March Field Museum Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $858.1k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SUPPORT THE MUSEUM FOR EDUCATIONAL, RESTORATIVE, AND HISTORICAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM EXISTS TO EDUCATE PRESENT AND FUTURE GENERATIONS BY COLLECTING, EXHIBITING, RESTORING, AND MAINTAINING ARTIFACTS AND HISTORICAL AIRCRAFT FOR PUBLIC VIEWING. MOST YEARS OVER 70,000 VISITORS ARE SERVED ANNUALLY INCLUDING SENIORS, VETERANS AND SCHOOL CHILDREN. THIS IS A BLUE STAR MUSEUM THAT HAS INCREASED THE AIRCRAFT UNDER CARE TO OVER 100. THE INVENTORY NOW INCLUDES A 149-FOOT NASA SOLID ROCKET BOOSTER. COLLECTIONS STORAGE HAS BEEN INCREASED BY OVER 110% ENSURING A SAFE HOME FOR THE OVER 20,000 ARTIFACTS CURRENTLY IN OUR CARE. WE HAVE COMPLETED THE RESTORATION OF A F-101 VOODOO AIR DEFENSE INTERCEPTOR ONCE FLOWN BY COLONEL JACK VETH, FAMED SR-71 BLACKBIRD PILOT. 2021 SAW THE OPENING OF A FULLY IMMERSIVE EXHIBIT TITLED "THE EXPLORATION OF SPACE". MANY OTHER ACCOMPLISHMENTS AND MORE TO COME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Kuster Director | 40 | $58,989 | |
Jamil Dada President | Officer | 5 | $0 |
Mel Gutierrez Vice President | Officer | 2 | $0 |
Richard Lemire Secretary | Officer | 5 | $0 |
Rick Teichert Treasurer | Officer | 2 | $0 |
Robert Field Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,326 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,532 |
| Total Program Service Revenue | $595,651 |
| Investment income | $257 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $71,750 |
| 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 | $155,633 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,083,474 |
| 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. | $58,989 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,483 |
| Payroll taxes | $27,305 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,459 |
| Office expenses | $55,271 |
| Information technology | $38,483 |
| Royalties | $0 |
| Occupancy | $172,100 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $121 |
| Interest | $3,046 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,626 |
| Insurance | $15,470 |
| All other expenses | $0 |
| Total functional expenses | $858,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,319 |
| Savings and temporary cash investments | $632,966 |
| 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 | $63,324 |
| Prepaid expenses and deferred charges | $3,783 |
| Net Land, buildings, and equipment | $1,196,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,898,578 |
| Accounts payable and accrued expenses | $4,724 |
| Grants payable | $0 |
| Deferred revenue | $4,375 |
| 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 | $13,284 |
| Other liabilities | $232,748 |
| Total liabilities | $255,131 |
| Net assets without donor restrictions | $1,505,084 |
| Net assets with donor restrictions | $138,363 |
| 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 | $1,898,578 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that March Field Museum Foundation Inc has recieved totaling $20,750.
| Awarding Organization | Amount |
|---|---|
Riverside Arts Council Riverside, CA PURPOSE: ARTS EDUCATION | $20,750 |
Endowment Analysis
| Beg. Balance | $22,163 |
| Ending Balance | $22,163 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles County Museum Of Natural History Foundation Los Angeles, CA | $310,771,263 | $64,336,067 |
Academy Museum Foundation Beverly Hills, CA | $718,283,273 | $74,112,519 |
Fine Arts Museums Foundation San Francisco, CA | $293,998,421 | $1,528,655 |
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
California Center For The Arts Escondido Foundation Escondido, CA | $1,637,426 | $6,432,180 |
Screen Actors Guild - American Federation Of Television And Radio Los Angeles, CA | $32,891,873 | $7,217,007 |
Carmel Mission Foundation Inc Carmel, CA | $1,231,681 | $982,770 |
All Classical Public Media Inc Portland, OR | $12,996,411 | $4,875,278 |
Oregon Shakespearean Festival Endowment Fund Inc Ashland, OR | $33,018,945 | $1,149,955 |
Ford Theatre Foundation Hollywood, CA | $2,293,812 | $4,065,513 |
Mccallum Theatre Foundation Inc Palm Desert, CA | $10,233,971 | $253,349 |
California State Railroad Museum Foundation Inc Sacramento, CA | $11,474,601 | $3,874,416 |