Skip to content
Nonprofiteer
← STRATEGIC AIR & SPACE MUSEUMFOUNDATION

Form 990 for tax year 2022

Filed by STRATEGIC AIR & SPACE MUSEUMFOUNDATION.

Totals

Total revenue
$16,842
Total expenses
$36,121
Contributions and grants received
$0
Grants paid
$31,059
Program service revenue
$0
Investment income
$16,842
Other revenue
$0
Total assets, end of year
$645,177
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$645,177
Program services expenses (Part IX)
$31,059
Management and general expenses
$5,062
Fundraising expenses
$0
Program service expenses (Part III)
$31,059

Program services were 86.0% 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.

  • 3 · Investment income

    total $15,067 · excluded $15,067

  • 7a · Gross sales of assets other than inventory

    securities $267,901

  • 7b · Less cost or other basis and sales expenses

    securities $266,126

  • 7c · Gain or loss

    securities $1,775

  • 7d · Net gain or loss

    total $1,775 · related or exempt $1,775

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,059 · program services $31,059

  • 11f · Fees: investment management

    total $4,986 · management and general $4,986

  • 24a · Other expenses: MISCELLANEOUS

    total $76 · management and general $76

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $223,574 · end of year $9,416

  • 11 · Investments: publicly traded securities

    beginning of year $560,661 · end of year $635,761

  • 27 · Net assets without donor restrictions

    beginning of year $221,978 · end of year $8,034

  • 28 · Net assets with donor restrictions

    beginning of year $562,257 · end of year $637,143

Mission and programs · 2022

Mission

THE FOUNDATION IS DEDICATED TO THE DEVELOPMENT AND IMPLEMENTATION OF THE STRATEGIC AIR COMMAND & AEROSPACE MUSEUM, AN ORGANIZATION EXEMPT UNDER CODE SECTION 501(C)(3).

  • DEVELOPMENT AND IMPLEMENTATION OF THE STRATEGIC AIR COMMAND & AEROSPACE MUSEUM

    Expenses $31,059 · Grants $31,059 · Revenue $1,775

As filed on the 2022 return.

Listed in Part VII

  • ED MILLER

    CHAIRMAN & PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAVE ANDERSEN

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SARAH LOPEZ

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CLAYTON ANDERSON

    PRESIDENT/CEO

    Total calculated
    $157,206
    From this org
    $0
    From related orgs
    $152,308
    Other
    $4,898
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $152,308 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $4,898 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $157,206 related

  • JEFFREY CANNON

    FORMER PRESIDENT/CEO

    Total calculated
    $79,475
    From this org
    $0
    From related orgs
    $71,049
    Other
    $8,426
    Hours/week
    0.5 + 40 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
16 May 2023
IRS schema version
2022v5.0
Source object
202331469349300638

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.