2016-08-05T09:46:25-05:00 2015-12-31 454084437 Warren Averett LLC 316 South Baylen St Suite 300 Pensacola FL 32502 990 2015-01-01 596178237 NAVAL AVIATION MUSEUM FOUNDATION INC NAVA 8504532389 POST OFFICE BOX 33104 PENSACOLA FL 32508 lt gen duane d thiessen usmc president/ceo 8504532389 2016-08-04 1 Margaret N Lorren P00012084 8504357400 2016-08-04 2015 2016-12-15 16:53:06Z lt gen duane d thiessen 1750 radford boulevard suite b pensacola FL 32508 9401697 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 11 185 0 0 0 4497537 2004392 2907584 3559925 305410 226496 1003096 1227824 8713627 7018637 0 0 0 0 391000 406000 0 0 232829 7788491 7545640 8179491 7951640 534136 -933003 23243003 22834885 622447 1728195 22620556 21106690 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 1350692 29798 MUSEUM SUPPORT-contributes to the development of exhibits, including artifact rework and maintenance, and to museum operational requirements. 3416712 1686536 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. 760998 1098064 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. 588248 DEVELOPMENT 138751 MEMBERSHIP 375190 745527 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. 1102189 745527 6630591 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 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 23 0 1 185 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 11 11 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 michael hampton 8504532389 1750 radford blvd suite b PENSACOLA FL 32508 Dionel M Aviles director 1.00 X 0 0 0 lt gen duane d thiessen usmc ret president/ceo 45.00 X X 235000 0 0 jay ryan director 1.00 X 0 0 0 The honorable lacey a collier director 1.00 X 0 0 0 ADM Robert Kelly USN Ret director 1.00 X 0 0 0 adm mark p fitzgerald usn ret CHAIRMAN 1.00 X X 0 0 0 VADM James Zortman USN Ret Vice-Chairman 1.00 X X 0 0 0 GEN William Nyland USMC Ret director 1.00 X 0 0 0 vadm john currier uscgret director 1.00 X 0 0 0 ms debbie rub director 1.00 X 0 0 0 M G Sanchez director 1.00 X 0 0 0 William Bowers Non-voting cfo/treasurer non-voting 45.00 X 171000 0 0 CAPT Charles Ellis JAGC USN Ret secretary 1.00 X 63200 0 0 469200 0 0 2 0 1 0 0 272160 154008 1578224 551326 2004392 flight academy 900099 1686536 1686536 THEATERS 512000 1098064 1098064 SIMULATOR 900099 745527 745527 MUSEUM SUPPORT 900099 29798 29798 3559925 230505 230505 200669 204678 -4009 -4009 -4009 96650 154008 49727 46923 46923 3281474 2128655 1152819 1152819 Other Income 900099 28082 28082 28082 7018637 3559925 0 1454320 X 406000 280140 113680 12180 42817 42817 205002 127400 70953 6649 307583 203887 103696 178477 144392 24281 9804 305024 280093 24127 804 54569 44762 8183 1624 1375006 1211515 163491 238001 169608 65909 2484 leased employees 2620740 2022171 526806 71763 flight academy expenses 832169 832169 RESTORATION PROJECTS 427678 427678 theater/simulator expen 385903 385903 572671 500873 47973 23825 7951640 6630591 1088220 232829 1908164 1438877 1261812 670177 1852173 1266262 510991 569183 180018 150381 11008768 5119142 5379023 5889626 12051971 12554299 98851 296080 23243003 22834885 476968 1389384 145479 338811 622447 1728195 X 10967668 10874297 3946944 2546371 7705944 7686022 22620556 21106690 23243003 22834885 X -933003 -580863 X 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 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. 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10464434 127014 -172588 1798567 77813 8542480 9479322 851353 274984 61099 80126 10464434 8114585 238197 1252121 55111 70470 9479322 7620691 143468 763658 353901 59331 8114585 8060457 350649 -410553 361198 61307 7578048 0.00000 0.89970 0.10030 0 0 2161421 343398 1818023 6726795 3646299 3080496 2120552 1129445 991107 5889626 EQUITIES AND MUTUAL FUNDS 10020785 F MCCARTHY TRUST 1177104 F Certificates of deposit 135153 F Annuities 1221257 F 12554299 8616157 -528000 -52862 -580862 9197019 -2178382 -2178382 7018637 10130022 2178382 2178382 7951640 0 7951640 Part XI, Line 2d - Other Adjustments: decrease in interest in perpetual trust and pooled income fund -52,862. Part XI, Line 4b - Other Adjustments: Cost of Goods Sold -2,128,655. Special Events Expenses -49,727. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 2,128,655. special events expense 49,727. symposium 96650 96650 5333 Gala and concerts 154008 154008 44394 250658 154008 96650 49727 49727 46923 0 0 0 0 0 0 0 0 0 lt gen duane d thiessen usmc ret president/ceo 235000 0 0 0 0 0 0 0 0 0 235000 0 0 0 William Bowers Non-voting cfo/treasurer non-voting 171000 0 0 0 0 0 0 0 0 0 171000 0 0 0 X 1 47800 appraisal X 2 10917 FAIR MARKET VALUE X COMPUTER SOFTWARE - NFA 2 493500 FAIR MARKET VALUE 0 0 0 Form 990, Part VI, Section B, line 11 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 IX, line 11g mis support: Program service expenses 66,270. Management and general expenses 70,953. Fundraising expenses 6,649. Total expenses 143,872. credit card/bank fees: Program service expenses 61,130. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,130. Form 990, Part XI, line 9: Unrealized Gains/Losses -528,001. increase in interest in perpetual trust and pooled income fund -52,862. 990 Part XII, Line 2c The oversight and selection processes have not changed from prior years. National Flight Academy Inc 1750 radford boulevard suite b pensacola FL 32508 596178237 to operate exclusively to further the purpose of its sole member, the FL -1163793 6538998 Naval aviation museum foundation inc foundation museum support inc 1750 radford boulevard suite b pensacola FL 32508 596178237 National Aviation Museum Foundation,Inc. FL 920856 3981750 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