Form 990 for tax year 2023
Filed by ALASKA AVIATION HERITAGE MUSEUM.
Totals
- Total revenue
- $936,049
- Total expenses
- $836,816
- Contributions and grants received
- $440,373
- Grants paid
- $0
- Program service revenue
- $257,272
- Investment income
- $52,289
- Other revenue
- $186,115
- Total assets, end of year
- $7,224,656
- Total liabilities, end of year
- $95,999
- Net assets or fund balances, end of year
- $7,128,657
- Program services expenses (Part IX)
- $439,239
- Management and general expenses
- $282,499
- Fundraising expenses
- $115,078
- Program service expenses (Part III)
- $439,239
Program services were 52.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$11,644
-
1c · Fundraising events
$216,672
-
1e · Government grants (contributions)
$33,580
-
1f · All other contributions, gifts and grants
$178,477
-
2a · Program service revenue: Admissions
total $212,348 · related or exempt $212,348
-
2b · Program service revenue: Other Program Revenue
total $37,722 · related or exempt $37,722
-
2c · Program service revenue: Miscellaneous
total $7,202 · related or exempt $7,202
-
3 · Investment income
total $52,289 · related or exempt $52,289
-
6a · Gross rents
real property $157,506
-
6b · Less rental expenses
real property $29,940
-
6c · Rental income or loss
real property $127,566
-
6d · Net rental income or loss
total $127,566 · related or exempt $127,566
-
8a · Fundraising events: contributions included on line 1c
$216,672
-
10a · Gross sales of inventory
$160,363
-
10b · Cost of goods sold
$101,814
-
10c · Net income from sales of inventory
total $58,549 · related or exempt $58,549
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $311,565 · program services $155,783 · management and general $155,782
-
9 · Other employee benefits
total $15,527 · management and general $15,527
-
10 · Payroll taxes
total $28,588 · program services $14,294 · management and general $14,294
-
11g · Fees: other
total $6,467 · program services $5,538 · management and general $929
-
13 · Office expenses
total $7,632 · management and general $7,632
-
16 · Occupancy
total $91,329 · program services $91,329
-
17 · Travel
total $345 · management and general $345
-
22 · Depreciation, depletion and amortization
total $64,614 · program services $64,614
-
23 · Insurance
total $26,865 · management and general $26,865
-
24a · Other expenses: Exhibit Expense
total $6,482 · program services $6,482
-
24b · Other expenses: Bank Services Charges
total $25,558 · program services $25,558
-
24c · Other expenses: Education and training
total $19,588 · management and general $19,588
-
24d · Other expenses: Fundraising expense
total $115,078 · fundraising $115,078
-
24e · All other expenses
total $117,178 · program services $75,641 · management and general $41,537
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $432,119 · end of year $361,265
-
4 · Accounts receivable
beginning of year $30,081 · end of year $33,393
-
8 · Inventories for sale or use
beginning of year $86,516 · end of year $112,583
-
9 · Prepaid expenses and deferred charges
beginning of year $8,091 · end of year $2,223
-
10a · Land, buildings and equipment: cost or other basis
$3,354,659
-
10b · Land, buildings and equipment: accumulated depreciation
$1,915,641
-
10c · Land, buildings and equipment, net
beginning of year $1,503,632 · end of year $1,439,018
-
11 · Investments: publicly traded securities
beginning of year $346,558 · end of year $646,539
-
12 · Investments: other securities
beginning of year $4,629,194 · end of year $4,629,635
-
17 · Accounts payable and accrued expenses
beginning of year $2,069 · end of year $29,476
-
19 · Deferred revenue
end of year $35,976
-
25 · Other liabilities
beginning of year $4,698 · end of year $30,547
-
27 · Net assets without donor restrictions
beginning of year $7,029,424 · end of year $7,128,657
Mission and programs · 2023
Mission
The collection, preservation and public presentation of Alaskas aviation history, 1897-present.
-
Acquire older aircraft for restoration and display. Costs of acquisitions are capitalized, not expensed. Restore older aircraft to original condition for flying and interpretive display at museum premises. Operate museum with older aircraft photographs, historical artifacts and memorabilia related to 1920-1945. Visitor base includes tourists, students and the general public.
Expenses $439,239
As filed on the 2023 return.
Listed in Part VII
-
Richard Benner
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Don Brugman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Bill Sharrow
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dick Sutliff
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rick Morrison
Past President
- Total calculated
- $0
- Hours/week
- 5
-
Dennis Parrish
Past President
- Total calculated
- $0
- Hours/week
- 5
-
David Karp
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Orin Seybert
Past President Trustee
- Total calculated
- $0
- Hours/week
- 1
-
John Pletcher
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Terry Holliday
Board Member Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Maggie Gladwin
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rich Wilson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Clay Waggood
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Danny Seybert
President
- Total calculated
- $0
- Hours/week
- 5
-
Brent Cole
Vice President
- Total calculated
- $0
- Hours/week
- 5
-
Joey Benetka
Treasurer
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 May 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423219349300642
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