2021-05-17T20:21:07-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 915 HIGHLAND POINTE DR SUITE 300 ROSEVILLE CA 95678 990 2019-07-01 943226801 AIRCRAFT CARRIER HORNET FOUNDATION AIRC 5105218448 707 W HORNET AVENUE ALAMEDA CA 94501 TIM LUTZ TREASURER 5105218448 2021-05-17 1 DANIEL C BAKER P00113525 9167847800 2021-05-17 2019 2022-09-23 18:48:47Z USS HORNET SEA AIR & SPACE MUSEUM TIM LUTZ 707 W HORNET AVENUE ALAMEDA CA 94501 1987933 0 X WWW.USS-HORNET.ORG X 1995 CA AIRCRAFT CARRIER HORNET FOUNDATION PRESERVES AND HONORS THE LEGACY OF THE USS HORNET 10 9 124 125 0 0 560318 314748 1826711 1423429 943 101 189445 143498 2577417 1881776 0 0 0 0 1741162 1195870 0 0 245130 1327530 1078669 3068692 2274539 -491275 -392763 1646322 2073603 551789 1371833 1094533 701770 X THE FOUNDATION PRESERVES AND HONORS THE LEGACY OF THE USS HORNET, A NATIONAL HISTORIC LANDMARK, AND ITS ROLE IN NAVAL AVIATION, THE DEFENSE OF OUR COUNTRY, THE APOLLO PROGRAMS, AND EXPLORATION OF SPACE. THE USS HORNET MUSEUM CONNECTS THE GREATEST GENERATION OF AMERICANS WITH FUTURE GENERATIONS, EDUCATING AND INSPIRING THEM TO MEET THE CHALLENGES THEY WILL FACE IN THE DAYS TO COME. 0 0 1204104 668892 THE USS HORNET IS A VINTAGE WWII AIRCRAFT CARRIER. MAINTAINING SUCH A LARGE SHIP IN GOOD ORDER IS COSTLY. MOREOVER, THE SHIP OPERATES AS A MUSEUM, SERVING THE PUBLIC; CONSEQUENTLY, THERE ARE MANY LOCAL INSPECTIONS DESIGNED TO SECURE PUBLIC SAFETY. MAINTAINING THE SHIP/MUSEUM IS AN ONGOING PROJECT. 485605 480170 PUBLIC PROGRAMS MAINLY ENCOMPASSES THE LIVE ABOARD PROGRAM WHICH SERVES SINGLES OR GROUPS FOR OVERNIGHT STAYS ON THE SHIP, AS WELL AS BIRTHDAY PARTIES. EDUCATION PROGRAMS ARE DESIGNED FOR SCHOOL AGED CHILDREN IN ACCORDANCE WITH STEM. 200398 400515 PRIVATE EVENTS ARE USUALLY LARGE GROUP OR CORPORATE EVENTS. COMMUNITY EVENTS ARE PROGRAMS TO CAPTURE LARGE GROUPS OF VISITORS TO THE MUSEUM ON IMPORTANT HOLIDAYS SUCH AS THE 4TH OF JULY OR MEMORIAL DAY, ETC. 1890107 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 124 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 1 1 0 CA X MARK EPPERSON 5105218448 707 W HORNET AVENUE ALAMEDA CA 94501 RAY FORTNEY CHAIRMAN 3.00 X X 0 0 0 KURT LIBBY VICE-CHAIRMAN 3.00 X X 0 0 0 TIM LUTZ TREASURER 3.00 X X 0 0 0 SUE RODERICK SECREATRY 3.00 X 0 0 0 GLENN GABEL BOARD MEMBER 3.00 X 0 0 0 SAM LAMONICA BOARD MEMBER 3.00 X 0 0 0 ROB MCHENRY BOARD MEMBER 3.00 X 0 0 0 BOB BAKER BOARD MEMBER 3.00 X 0 0 0 MARGARET STEPHAN BOARD MEMBER 3.00 X 0 0 0 MICHAEL MCCARRON BOARD MEMBER/FORMER ED 3.00 X 75000 0 0 MARK EPPERSON EXECUTIVE DIRECTOR 40.00 X 400 0 0 75400 0 0 0 0 0 0 0 92232 222516 9451 314748 ADMISSIONS, TOURS, EVE 900099 1423429 1423429 1423429 101 101 17350 0 17350 17350 17350 232305 106157 126148 126148 1881776 1549577 0 17451 70447 58471 4931 7045 952610 790666 66683 95261 72121 59861 5048 7212 100692 83574 7049 10069 14277 11851 999 1427 38224 31726 2676 3822 17735 14719 1242 1774 227609 199608 8000 20001 261204 214048 18971 28185 16648 14949 1380 319 84149 82479 1670 103457 85535 7210 10712 LICENSES, DUES, AND FEE 117402 77648 12667 27087 FOOD AND BEVERAGE 93317 90534 181 2602 PROGRAM SUPPLIES 64024 52242 723 11059 COMMUNICATIONS 29969 12042 1542 16385 10654 10154 500 2274539 1890107 139302 245130 11107 607411 15316 1613 393 0 76673 29011 55754 32638 3885634 2482704 1487079 1402930 1646322 2073603 496828 400782 54961 138139 0 832912 551789 1371833 X 832706 513027 261827 188743 1094533 701770 1646322 2073603 -392763 0 X 0 0 0 X 746308 447054 712186 560318 314748 2780614 2833063 2487342 2248420 1985806 1549577 11104208 3579371 2934396 2960606 2546124 1864325 13884822 0 0 0 13884822 20121 11505 21424 31293 17451 101794 20121 11505 21424 31293 17451 101794 3599492 2945901 2982030 2577417 1881776 13986616 0.99270 0.99400 0.00730 0.00600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 2715156 1412185 1302971 1170478 1070519 99959 1402930 SBA BUSINESS LOAN 509900 SBA PAYROLL LOAN 265012 DRAGON OIL LIABILITY 58000 832912 PART III, LINE 1A: THE UNITED STATES NAVY APPROVED THE USE OF THE SHIP AS A MUSEUM ON CONTRACT VIA THE HISTORIC SHIP DONATION PROGRAM IN 1998. DURING A NATIONAL EMERGENCY, AT THE GOVERNMENT'S REQUEST, TITLE TO THE VESSEL MAY REVERT TO THE GOVERNMENT. ACCORDINGLY, THE VALUE OF THE SHIP WAS NOT RECOGNIZED ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION HAS RESTORED A SIGNIFICANT PORTION OF THE SHIP AND COMMENCED THE OPERATION OF THE MUSEUM. THE USS HORNET AND ITS RELATED MUSEUM ARE LOCATED AT ALAMEDA POINT, CALIFORNIA. PART III, LINE 4: THE FOUNDATION MAINTAINS AND DISPLAYS COLLECTIONS AND INDIVIDUAL ITEMS OF SIGNIFICANCE, WHICH ARE NOT HELD FOR FINANCIAL GAIN, BUT RATHER ARE HELD FOR PUBLIC EXHIBITION , EDUCATION OR RESEARCH IN THE FURTHERANCE OF PUBLIC SERVICE. EXAMPLES OF HISTORICAL TREASURES INCLUDE RARE ITEMS FROM WORLD WAR II AND EARLY SPACE TRAVEL. THE PERIOD OF ECONOMIC BENEFIT OR SERVICE POTENTIAL FOR INEXHAUSTIBLE HISTORICAL TREASURES IS EXTRAORDINARILY LONG DUE TO EFFORTS OF THE FOUNDATION TO PROTECT AND PRESERVE THE ASSETS IN A MANNER GREATER THAN THAT FOR SIMILAR ASSETS WITHOUT SUCH CULTURAL, AESTHETIC OR HISTORICAL VALUE. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO AND COO REVIEW THE FORM 990 BEFORE IT IS FILED . FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEW AND APPROVE THE SALARIES OF THE CEO. THE CEO REVIEWS AND APPROVES ALL SALARIES OF SHIP STAFF . FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENT, POLICIES AND FINANCIAL STATEMENTS ARE ONLY GIVEN TO THE BOARD OF DIRECTORS TO REVIEW.