MICHIGAN AEROSPACE FOUNDATION INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- MICHIGAN AEROSPACE FOUNDATION INC (EIN 38-3603828)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-06
- IRS object ID
- 201801879349300440
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-06T15:55:15-04:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 203354561 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELLEVILLE TAX & ACCOUNTING SERVICE INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 152 MAIN STREET SUITE 2 | AddressLine1Txt |
| City | BELLEVILLE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383603828 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHIGAN AEROSPACE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 7343585993 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 807 WILLOW RUN AIRPORT | AddressLine1Txt |
| City | YPSILANTI | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY K BROWN | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 7343162216 | PhoneNum |
| Signature | 2018-06-25 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DENISE W BAKER | PreparerPersonNm |
| PTIN | P00248382 | PTIN |
| Phone | 7346978000 | PhoneNum |
| Preparation | 2018-06-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DENNIS NORTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7642 PURPLE MARTIN WAY | AddressLine1Txt |
| City | DEXTER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 481308550 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,358,960 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MICHIGANAEROSPACE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | MICHIGAN AEROSPACE FOUNDATION, INC. HAS RAISED FUNDS IN SUPPORT OF A 3,000 MEMBER YANKEE AIR MUSEUM TO REBUILD A HANGAR AND MUSEUM AFTER A FIRE DESTROYED THEM AND TO EXPAND THE MUSEUM WITH THE GOAL TO PROMOTE KNOWLEDGE OF AVIATION HISTORY AND SOUTHEASTERN MICHIGAN'S ROLE IN THIS HISTORY. MULTIPLE PROJECTS HAVE BEEN INITIATED TO ACCOMPLISH THE BEGINNING OF THIS REBUILDING AND EXPANSION. A MASTER PLAN HAS BEEN DEVELOPED AND PRESENTED TO WILLOW RUN AIRPORT, INCLUDING GEOTECHNICAL STUDIES, TOPOLOGICAL STUDIES IN PREPARATION FOR THE CONSTRUCTION OF NEW NUSEUM BUILDINGS. THE FOUNDATION IS IN THE MIDST OF A FIVE YEAR PLAN FOR THE RENOVATION AND CONSTRUCTION/RECONSTRUCTION OF THE BOMBER PLANT. THE GOAL IS TO COMPLETE THIS PROJECT, BASED ON FUNDRAISING SUCCESS, IN EARLY 2020 AND BEGIN MOVING THE EXISTING YANKEE AIR MUSEUM INTO THE RENOVATED BOMBER PLANT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,129,141 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,345,509 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$1,523 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,791 | CYInvestmentIncomeAmt |
| CY Other Revenue | $1,660 | CYOtherRevenueAmt |
| PY Total Revenue | $1,127,618 | PYTotalRevenueAmt |
| CY Total Revenue | $1,358,960 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $463,663 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,387,667 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $92,813 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $325,056 | PYOtherExpensesAmt |
| CY Other Expenses | $274,685 | CYOtherExpensesAmt |
| PY Total Expenses | $788,719 | PYTotalExpensesAmt |
| CY Total Expenses | $1,662,352 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $338,899 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$303,392 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,018,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $774,622 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $41,893 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $101,197 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $976,817 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $673,425 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MICHIGAN AEROSPACE FOUNDATION, INC. HAS RAISED FUNDS IN SUPPORT OF A 3,000 MEMBER YANKEE AIR MUSEUM TO REBUILD A HANGAR AND MUSEUM AFTER A FIRE DESTROYED THEM AND TO EXPAND THE MUSEUM WITH THE GOAL TO PROMOTE KNOWLEDGE OF AVIATION HISTORY AND SOUTHEASTERN MICHIGAN'S ROLE IN THIS HISTORY. MULTIPLE PROJECTS HAVE BEEN INITIATED TO ACCOMPLISH THE BEGINNING OF THIS REBUILDING AND EXPANSION. A MASTER PLAN HAS BEEN DEVELOPED AND PRESENTED TO WILLOW RUN AIRPORT, INCLUDING GEOTECHNICAL STUDIES, TOPOLOGICAL STUDIES IN PREPARATION FOR THE CONSTRUCTION OF NEW NUSEUM BUILDINGS. THE FOUNDATION IS IN THE MIDST OF A FIVE YEAR PLAN FOR THE RENOVATION AND CONSTRUCTION/RECONSTRUCTION OF THE BOMBER PLANT. THE GOAL IS TO COMPLETE THIS PROJECT, BASED ON FUNDRAISING SUCCESS, IN EARLY 2020 AND BEGIN MOVING THE EXISTING YANKEE AIR MUSEUM INTO THE RENOVATED BOMBER PLANT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,426,996 | ExpenseAmt |
| Grant | $1,387,667 | GrantAmt |
| Desc | MICHIGAN AEROSPACE FOUNDATION, INC. HAS RAISED FUNDS IN SUPPORT OF A 3,000 MEMBER YANKEE AIR MUSEUM TO REBUILD A HANGAR AND MUSEUM AFTER A FIRE DESTROYED THEM AND TO EXPAND THE MUSEUM WITH THE GOAL TO PROMOTE KNOWLEDGE OF AVIATION HISTORY AND SOUTHEASTERN MICHIGAN'S ROLE IN THIS HISTORY. MULTIPLE PROJECTS HAVE BEEN INITIATED TO ACCOMPLISH THE BEGINNING OF THIS REBUILDING AND EXPANSION. A MASTER PLAN HAS BEEN DEVELOPED AND PRESENTED TO WILLOW RUN AIRPORT, INCLUDING GEOTECHNICAL STUDIES, TOPOLOGICAL STUDIES IN PREPARATION FOR THE CONSTRUCTION OF NEW NUSEUM BUILDINGS. THE FOUNDATION IS IN THE MIDST OF A FIVE YEAR PLAN FOR THE RENOVATION AND CONSTRUCTION/RECONSTRUCTION OF THE BOMBER PLANT. THE GOAL IS TO COMPLETE THIS PROJECT, BASED ON FUNDRAISING SUCCESS, IN EARLY 2020 AND BEGIN MOVING THE EXISTING YANKEE AIR MUSEUM INTO THE RENOVATED BOMBER PLANT. | Desc |
| Total Program Service Expenses | $1,426,996 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY K BROWN | PersonNm |
| Phone | 7343585993 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 807 WILLOW RUN AIRPORT | AddressLine1Txt |
| City | YPSILANTI | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|
| SIMON BASELEY | |||||
| VICE PRESIDE | Yes (X) | $0 | $0 | $0 | |
| FRANK SINAGRA | |||||
| VICE PRESIDE | Yes (X) | $0 | $0 | $0 | |
| STEVE BERNER | |||||
| VICE CHAIRMA | Yes (X) | $0 | $0 | $0 | |
| RICK AUSTIN | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JOHN ZAJAC | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| HARRY TERPSTRA | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JANE SPIRES | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| DAVID ROBERTSON | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JAMES HARLESS | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JAMES JACKSON | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JACK LOUSMA | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| GARY K BROWN | |||||
| SECRETARY/TR | $0 | $0 | $0 | Yes (X) | |
| DENNIS NORTON | |||||
| PRESIDENT | $0 | $0 | $0 | Yes (X) | |
| JAMES DRIES | |||||
| CHAIRMAN | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $1,345,509 | AllOtherContributionsAmt |
| Noncash Contributions | $602,259 | NoncashContributionsAmt |
| Total Contributions | $1,345,509 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,791 | TotalRevenueColumnAmt |
| Exclusion | $11,791 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DVD SALES | Desc |
| Total Revenue Column | $1,660 | TotalRevenueColumnAmt |
| Exclusion | $1,660 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,660 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,358,960 | TotalRevenueColumnAmt |
| Exclusion | $13,451 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,387,667 | TotalAmt |
| Program Services | $1,387,667 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,329 | TotalAmt |
| Program Services | $39,329 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,350 | TotalAmt |
| Management And General | $4,350 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,858 | TotalAmt |
| Management And General | $117,858 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,508 | TotalAmt |
| Management And General | $6,541 | ManagementAndGeneralAmt |
| Fundraising | $75,967 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,744 | TotalAmt |
| Management And General | $3,744 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,324 | TotalAmt |
| Management And General | $2,324 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $993 | TotalAmt |
| Management And General | $993 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,869 | TotalAmt |
| Management And General | $2,869 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EVENT EXPENSE | $16,846 | $16,846 | |
| BOARD & DIRECTORS MEETING | $2,180 | $2,180 | |
| BANK CHARGES | $1,509 | $1,509 | |
| MISCELLANEOUS | $175 | $175 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,662,352 | TotalAmt |
| Program Services | $1,426,996 | ProgramServicesAmt |
| Management And General | $142,543 | ManagementAndGeneralAmt |
| Fundraising | $92,813 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,657 | BOYAmt |
| EOY | $365,666 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,500 | BOYAmt |
| EOY | $219,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,637 | BOYAmt |
| EOY | $302 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $111,694 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,342 | BOYAmt |
| EOY | $51,879 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,574 | BOYAmt |
| EOY | $581 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000 | BOYAmt |
| EOY | $25,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,018,710 | BOYAmt |
| EOY | $774,622 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,615 | BOYAmt |
| EOY | $98,338 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278 | BOYAmt |
| EOY | $2,859 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,893 | BOYAmt |
| EOY | $101,197 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $824,275 | BOYAmt |
| EOY | $509,266 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,542 | BOYAmt |
| EOY | $164,159 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $976,817 | BOYAmt |
| EOY | $673,425 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,018,710 | BOYAmt |
| EOY | $774,622 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$303,392 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $445,773 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,388,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $506,721 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,129,141 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,345,509 | CurrentTaxYearAmt |
| Total | $5,815,744 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,106 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $218 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48 | CurrentTaxYearMinus2YearsAmt |
| Total | $5,372 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $450,879 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,388,818 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $506,769 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,129,141 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,345,509 | CurrentTaxYearAmt |
| Total | $5,821,116 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $5,821,116 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,938 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$1,523 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,791 | CurrentTaxYearAmt |
| Total | $30,907 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,938 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$1,523 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,791 | CurrentTaxYearAmt |
| Total | $30,907 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $660 | CurrentTaxYearAmt |
| Total | $660 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $454,583 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,403,815 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $508,707 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,127,618 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,357,960 | CurrentTaxYearAmt |
| Total | $5,852,683 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99460 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99510 | PublicSupportPY509Pct |
| Investment Income CY | 0.01000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESTRICTED CASH | Desc |
| Book Value | $51,879 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $51,879 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD PAYABLE | Desc |
| Amt | $2,859 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,859 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,358,960 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $1,358,960 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,358,960 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,662,352 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,662,352 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,662,352 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YANKEE AIR MUSEUM | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 590 | AddressLine1Txt |
| City | BELLEVILLE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $859,587 | CashGrantAmt |
| Non Cash Assistance | $528,080 | NonCashAssistanceAmt |
| Non Cash Assistance | CONSTRUCTION | NonCashAssistanceDesc |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $602,259 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | ESTIMATED COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | MICHIGAN AEROSPACE FOUNDATION, INC. HAS RAISED FUNDS IN SUPPORT OF A 3,000 MEMBER YANKEE AIR MUSEUM TO REBUILD A HANGAR AND MUSEUM AFTER A FIRE DESTROYED THEM AND TO EXPAND THE MUSEUM WITH THE GOAL TO PROMOTE KNOWLEDGE OF AVIATION HISTORY AND SOUTHEASTERN MICHIGAN'S ROLE IN THIS HISTORY. MULTIPLE PROJECTS HAVE BEEN INITIATED TO ACCOMPLISH THE BEGINNING OF THIS REBUILDING AND EXPANSION. A MASTER PLAN HAS BEEN DEVELOPED AND PRESENTED TO WILLOW RUN AIRPORT, INCLUDING GEOTECHNICAL STUDIES, TOPOLOGICAL STUDIES IN PREPARATION FOR THE CONSTRUCTION OF NEW NUSEUM BUILDINGS. THE FOUNDATION IS IN THE MIDST OF A FIVE YEAR PLAN FOR THE RENOVATION AND CONSTRUCTION/RECONSTRUCTION OF THE BOMBER PLANT. THE GOAL IS TO COMPLETE THIS PROJECT, BASED ON FUNDRAISING SUCCESS, IN EARLY 2020 AND BEGIN MOVING THE EXISTING YANKEE AIR MUSEUM INTO THE RENOVATED BOMBER PLANT. |
| FORM 990, PAGE 2, PART III, LINE 4A | THE EXISTING YANKEE AIR MUSEUM INTO THE RENOVATED BOMBER PLANT. |
| FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST |
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