2017-08-02T10:37:21-05:00 2016-12-31 454084437 Warren Averett LLC 316 South Baylen St Suite 300 Pensacola FL 32502 990 2016-01-01 596178237 NAVAL AVIATION MUSEUM FOUNDATION INC NAVA 8504532389 POST OFFICE BOX 33104 PENSACOLA FL 32508 ltgen duane thiessen usmc ret president/ceo 8504532389 2017-08-01 1 Margaret N Lorren P00012084 8504357400 2017-08-01 209.136.244.2 2017-08-01 09:13:29 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 024EF3AB430A43B3C5FF45BED95884387026A8C9 2016 2021-01-29 14:40:06Z ltgen duane thiessen usm 1750 radford boulevard suite b pensacola FL 32508 11088846 0 X www.navalaviationmuseum.org X 1966 FL to be the best in the world, a self-sustaining foundation that engages and educates the public by supporting and promoting the national naval aviation experience, naval aviation and aviation-inspired educational programs. 11 10 260 0 0 0 2004392 3096306 3559925 3483891 226496 120873 1227824 1258745 7018637 7959815 0 0 0 0 406000 459567 0 0 170251 7545640 7962572 7951640 8422139 -933003 -462324 22834885 23968629 1728195 2504957 21106690 21463672 X to be the best in the world, a self-sustaining Foundation that engages and educates the public by supporting and promoting the national naval aviation museum experience, naval aviation and aviation-inspired educational programs. 0 0 1735700 MUSEUM SUPPORT-contributes to the development of exhibits, including artifact rework and maintenance, and to museum operational requirements. 3816993 1861041 national flight academy utilizes Naval Aviation experiences and concepts to motivate young people to pursue the study of science, technology, engineering, mathmatics and aviation in order to pursue careers in technical fields. 605829 860467 THE FILM PROJECT AND THEATERS SERVE THOUSANDS OF VISITORS BY EDUCATING THE PUBLIC ON THE IMPORTANT ROLE OF UNITED STATES NAVAL AVIATION THROUGH FILMS THAT DOCUMENT THE HISTORY OF FLIGHT AND THE HISTORY OF THE "BLUE ANGELS", AS WELL AS OTHER ASPECTS OF the NAVAL EXPERIENCE. 407524 DEVELOPMENT 144893 MEMBERSHIP 408983 762383 the flight simulator allows visitors and students the opportunity to experience the simulation of actual flight take-off and landing. this educates and builds interest in the navy and the museum. 961400 762383 7119922 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 15 0 1 260 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CT FL GA KS KY ID IL OH MS NC NE NH OR PA RI SC TN UT VA WA WI WV X X Heather Emrick 8504532389 1750 radford blvd suite b PENSACOLA FL 32508 adm MARK P FITZGERALD USNRET CHAIRMAN 1.00 X X 0 0 0 VADM JAMES ZORTMAN USNRET VICE-CHAIRMAN 1.00 X X 0 0 0 MR DIONEL M AVILES DIRECTOR 1.00 X 0 0 0 THE HONORABLE LACEY A COLLIER DIRECTOR 1.00 X 0 0 0 VADM JOHN CURRIER USCGRET DIRECTOR 1.00 X 0 0 0 ADM ROBERT J KELLY USNRET DIRECTOR 1.00 X 0 0 0 GEN WILLIAM L NYLAND USMCRET DIRECTOR 1.00 X 0 0 0 MS DEBBIE RUB DIRECTOR 1.00 X 0 0 0 MR JAY J RYAN DIRECTOR 1.00 X 0 0 0 MR MG SANCHEZ DIRECTOR 1.00 X 0 0 0 LTGEN DUANE THIESSEN USMCRET president/ceo 45.00 X X 210000 0 8400 WILLIAM BOWERS CFO/TREASURER NON-VOTING 45.00 X 163140 0 12300 CAPT CHARLES ELLISJACGUSNRET SECRETARY NON-VOTING 35.00 X 63200 0 2528 436340 0 23228 2 0 1 0 0 264028 33000 1111897 1687381 579240 3096306 flight academy 900099 1861041 1861041 THEATERS 512000 860467 860467 SIMULATOR 900099 762383 762383 3483891 214458 214458 921207 812798 201994 108409 -201994 -93585 -93585 77411 33000 58281 19130 19130 3166731 2055958 1110773 1110773 Miscellaneous Income 900099 110212 110212 BP Claim Revenue 900099 18630 18630 128842 7959815 3483891 0 1379618 459567 333677 116699 9191 46065 46065 248992 155855 87293 5844 408511 379127 29384 139946 96763 25817 17366 234145 186883 44058 3204 53924 29745 9412 14767 42919 42919 1687490 1380370 307120 230609 163880 66729 Leased Employees 2704675 2302774 397014 4887 Flight Academy Expenses 897887 897887 SBD-2P Aircraft parts 308290 308290 Other Museum Expenses 291476 176959 29555 84962 667643 664793 2204 646 8422139 7119922 1131966 170251 1438877 747496 670177 659595 1266262 1010657 644539 569183 665430 150381 138708 13129034 6396568 5889626 6732466 12554299 13273843 296080 95895 22834885 23968629 720705 806547 338811 234296 668679 1464114 1728195 2504957 X 10874297 11849003 2546371 1873859 7686022 7740810 21106690 21463672 22834885 23968629 X -462324 776979 42327 X 0 1 X 1 0 X X 1 US NAVY 311575142 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X Part IV, Section D, Line 2: The U.S. Navy owns the Naval Aviation Museum. The Naval Aviation Museum Foundation's sole purpose is to fund exhibits and support the mission of the museum, which includes youth and adult education programs. Part IV, Section E, Line 1c: The U.S. Navy owns the Naval Aviation Museum. The Naval Aviation Museum Foundation's sole purpose is to fund exhibits and support the mission of the museum, which includes youth and adult education programs. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8542480 210809 -183522 101295 88835 8379637 10464434 127014 -172588 1798567 77813 8542480 9479322 851353 274984 61099 80126 10464434 8114585 238197 1252121 55111 70470 9479322 7620691 143468 763658 353901 59331 8114585 0.00000 0.92380 0.07620 0 0 2310925 485919 1825006 8232900 4584794 3648106 2585209 1325855 1259354 6732466 EQUITIES AND MUTUAL FUNDS 10742692 F MCCARTHY TRUST 1147254 F Certificates of deposit 131118 F Annuities 1252779 F 13273843 11119941 776980 116667 42327 935974 10183967 -2224152 -2224152 7959815 10762958 116667 116667 10646291 -2224152 -2224152 8422139 Part XI, Line 2d - Other Adjustments: Increase in interest in perpetual trust and pooled income fund 42,327. Part XI, Line 4b - Other Adjustments: Cost of Goods Sold -2,055,958. Special Events Expenses -58,281. DISPOSAL OF FIXED ASSETS -201,994. INVESTMENT EXPENSES 92,081. Part XII, Line 4b - Other Adjustments: COST OF GOODS SOLD -2,055,958. SPECIAL EVENTS EXPENSE -58,281. DISPOSAL OF FIXED ASSETS -201,994. INVESTMENT EXPENSES 92,081. symposium 95166 33000 62166 52630 Gala and concerts 15245 15245 5651 110411 33000 77411 58281 58281 19130 0 0 0 0 0 0 0 0 0 LTGEN DUANE THIESSEN USMCRET president/ceo 210000 0 0 0 0 0 8400 0 0 0 218400 0 0 0 WILLIAM BOWERS CFO/TREASURER NON-VOTING 163140 0 0 0 0 0 7000 0 5300 0 175440 0 0 0 X SOFTWARE LICENSES - NFA 1 575000 FAIR MARKET VALUE 0 0 0 Form 990, Part VI, Section B, line 11b The board delegates the review of the 990 to the audit committee. the board is informed the 990 is available for review at their discretion. Form 990, Part VI, Section B, line 12c Corporate Secretary routinely reviews potential conflicts of interest. in the event there is a conflict of interest determined to exist, it is then circulated to the board. Form 990, Part VI, Section B, line 15 CFO and board vice chairman set CEO compensation using comparable data and contemporaneous substantiation. Form 990, Part VI, Section C, line 19 on file with the state and available upon request from the Foundation. Form 990, Part XI, line 9: increase in interest in perpetual trust and pooled income fund 42,327. National Flight Academy Inc 1750 radford boulevard suite b pensacola FL 32508 596178237 TO TEACH STEM CONCEPTS TO STUDENTS USING BOTH REAL AND VIRTUAL SETTINGS FL 3833368 6490010 Naval aviation museum foundation inc foundation museum support inc 1750 radford boulevard suite b pensacola FL 32508 596178237 TO PROVIDE PROGRAM SERVICES TO SUPPORT THE FOUNDATION AND MUSEUM FL 5179786 4301329 naval aviation museum foundation inc us navy 190 radford blvd pensacola FL 32508 federal government unit FL government us government us navy 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0