Skip to content
Nonprofiteer
← HAGERSTOWN AVIATION MUSEUM INC

Form 990 for tax year 2022

Filed by HAGERSTOWN AVIATION MUSEUM INC.

Totals

Total revenue
$5,319,963
Total expenses
$613,662
Contributions and grants received
$5,401,492
Grants paid
$0
Program service revenue
$0
Investment income
-$85,915
Other revenue
$4,386
Total assets, end of year
$6,920,168
Total liabilities, end of year
$41,875
Net assets or fund balances, end of year
$6,878,293
Program services expenses (Part IX)
$473,082
Management and general expenses
$48,580
Fundraising expenses
$92,000
Program service expenses (Part III)
$473,082

Program services were 77.1% 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

    $7,655

  • 1c · Fundraising events

    $269,050

  • 1e · Government grants (contributions)

    $5,001,397

  • 1f · All other contributions, gifts and grants

    $123,390

  • 1g · Noncash contributions included above

    $31,282

  • 3 · Investment income

    total -$85,915 · excluded -$85,915

  • 8a · Fundraising events: contributions included on line 1c

    $269,050

  • 10a · Gross sales of inventory

    $18,655

  • 10b · Cost of goods sold

    $14,269

  • 10c · Net income from sales of inventory

    total $4,386 · related or exempt $4,386

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $112,000 · program services $89,600 · management and general $22,400

  • 7 · Other salaries and wages

    total $37,000 · program services $37,000

  • 10 · Payroll taxes

    total $11,399 · program services $9,119 · management and general $2,280

  • 11b · Fees: legal

    total $10,013 · program services $10,013

  • 11c · Fees: accounting

    total $1,866 · program services $1,866

  • 11e · Fees: professional fundraising services

    total $92,000 · fundraising $92,000

  • 11g · Fees: other

    total $10,380 · program services $10,380

  • 12 · Advertising and promotion

    total $2,300 · program services $2,300

  • 13 · Office expenses

    total $23,911 · program services $19,356 · management and general $4,555

  • 14 · Information technology

    total $1,657 · program services $806 · management and general $851

  • 16 · Occupancy

    total $234,959 · program services $219,472 · management and general $15,487

  • 17 · Travel

    total $1,257 · program services $782 · management and general $475

  • 19 · Conferences, conventions and meetings

    total $2,042 · program services $1,497 · management and general $545

  • 20 · Interest

    total $1,928 · program services $1,928

  • 22 · Depreciation, depletion and amortization

    total $16,572 · program services $16,572

  • 23 · Insurance

    total $10,685 · program services $10,685

  • 24a · Other expenses: BANK CHARGE

    total $13,496 · program services $12,729 · management and general $767

  • 24b · Other expenses: MUSEUM EXPENSES

    total $10,899 · program services $10,899

  • 24c · Other expenses: AIRPLANE EXPENSE

    total $8,449 · program services $8,449

  • 24d · Other expenses: REPAIRS

    total $6,577 · program services $6,577

  • 24e · All other expenses

    total $4,272 · program services $3,052 · management and general $1,220

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $103,846 · end of year $117,399

  • 2 · Savings and temporary cash investments

    beginning of year $952,470 · end of year $5,208,940

  • 8 · Inventories for sale or use

    end of year $2,052

  • 10a · Land, buildings and equipment: cost or other basis

    $476,291

  • 10b · Land, buildings and equipment: accumulated depreciation

    $36,330

  • 10c · Land, buildings and equipment, net

    beginning of year $10,437 · end of year $439,961

  • 15 · Other assets

    beginning of year $1,145,012 · end of year $1,151,816

  • 17 · Accounts payable and accrued expenses

    end of year $2,102

  • 24 · Unsecured notes and loans payable

    beginning of year $39,773 · end of year $39,773

  • 27 · Net assets without donor restrictions

    beginning of year $2,171,992 · end of year $6,878,293

Mission and programs · 2022

Mission

AVIATION MUSEUM TO EDUCATE THE COMMUNITY ABOUT ITS LONG INVOLVEMENT IN AVIATION.

  • AN AVIATION MUSEUM TO RESEARCH, INTERPRET, PRESERVE AND PROMOTE THE AVIATION HISTORY OF HAGERSTOWN, A MARYLAND COMMUNITY. ACTIVE MEMBERSHIP APPROX. 200, BI-ANNUAL MAGAZINE TO APPROX. 5000 PEOPLE. MUSEUM DISPLAY OPEN TO THE PUBLIC, THE PURPOSE OF WHICH IS TO EDUCATE THE COMMUNITY ABOUT ITS LONG INVOLVEMENT IN AVIATION.

    Expenses $473,082 · Revenue $5,420,146

As filed on the 2022 return.

Listed in Part VII

  • John P Seburn

    PRESIDENT

    Total calculated
    $59,500
    From this org
    $59,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Kurtis Meyers

    VICE PRESIDE

    Total calculated
    $52,500
    From this org
    $52,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Austin Colby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Paul Houck

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Hesbia C Foster Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Thomas Riford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Scott Schneider

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Tracey Sprecher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Ryan Thomas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Todd Willman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Jeffrey Woolford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • John Depasquale

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • John W Seburn

    TREASURER

    Total calculated
    $0
    Hours/week
    10

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
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202333109349300423

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.