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← MILITARY AVIATION MUSEUM FOUNDATION

Form 990 for tax year 2024

Filed by MILITARY AVIATION MUSEUM FOUNDATION.

Totals

Total revenue
$100,970,856
Total expenses
$1,316,790
Contributions and grants received
$100,009,000
Grants paid
$1,012,500
Program service revenue
$0
Investment income
$961,856
Other revenue
$0
Total assets, end of year
$113,179,257
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$113,179,257
Program services expenses (Part IX)
$1,272,897
Management and general expenses
$43,893
Fundraising expenses
$0
Program service expenses (Part III)
$1,272,897

Program services were 96.7% 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.

  • 1f · All other contributions, gifts and grants

    $100,009,000

  • 1g · Noncash contributions included above

    $66,792,200

  • 3 · Investment income

    total $949,027 · excluded $949,027

  • 7a · Gross sales of assets other than inventory

    securities $2,303,419

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

    securities $2,290,590

  • 7c · Gain or loss

    securities $12,829

  • 7d · Net gain or loss

    total $12,829 · excluded $12,829

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,012,500 · program services $1,012,500

  • 11f · Fees: investment management

    total $43,893 · management and general $43,893

  • 22 · Depreciation, depletion and amortization

    total $260,397 · program services $260,397

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $22,641 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $3,424,690

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

    $13,127,000

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

    $260,397

  • 10c · Land, buildings and equipment, net

    beginning of year $13,110,000 · end of year $12,866,603

  • 11 · Investments: publicly traded securities

    beginning of year $91,309 · end of year $30,046,481

  • 12 · Investments: other securities

    beginning of year $0 · end of year $66,792,000

  • 15 · Other assets

    beginning of year $0 · end of year $49,483

  • 27 · Net assets without donor restrictions

    beginning of year $13,223,950 · end of year $113,179,257

Mission and programs · 2024

Mission

THE FOUNDATION SUPPORTS THE MILITARY AVIATION MUSEUM.

  • THE FOUNDATION PROVIDES SUPPORT TO THE MILITARY AVIATION MUSEUM, ACCEPTS DONATIONS ON BEHALF OF THE MUSEUM, AND MANAGES ASSETS THAT ARE USED IN MUSEUM PROGRAMS.

    Expenses $1,272,897 · Grants $1,012,500

As filed on the 2024 return.

Listed in Part VII

  • EDWARD GEORGE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25 + 5 related

  • HENRY SANDY HARRIS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • BRUCE HOLBROOK

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • JOHN PETERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 1 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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TSI HOLDCO INC

    C · HOLDING CO. · VA · 100% owned · share of assets $19,896,005 · controlled entity

    Directly controlled by MAM FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513189349313336

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