North Carolina Aviation Museum & Hall Of Fame Incorporated in Asheboro, North Carolina (NC)
Table of contents:
| North Carolina Aviation Museum & Hall Of Fame Incorporated | |
| Employer Identification Number (EIN) | 582166154 |
| Name of Organization | North Carolina Aviation Museum & Hall Of Fame Incorporated |
| Address | PO BOX 1814, Asheboro, NC 27204-1814 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Other conservation, environmental or beautification activities |
| Subsection | Educational Organization |
| Ruling Date | 06/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 04/2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $92,722 |
| Amount of Income | $41,004 |
| Form 990 Revenue Amount | $38,236 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2014: $41,004 (it was $42,865 in 2013)
| This organization: | $41,004 |
| Other organizations performing similar types of work: | $170,607 |
Assets in 2014: $92,722 (it was $114,721 in 2013)
| This organization: | $92,722 |
| Other organizations performing similar types of work: | $751,001 |
Expenses in 2014: $60,378
| This organization: | $60,378 |
| Other organizations performing similar types of work: | $136,601 |
Income to expenses ratio in 2014: 0.7
| This organization: | 0.7 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2014: 5.8%
| This organization: | 5.8% |
| Other organizations performing similar types of work: | 57.9% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $122,567 | $39,905 | $38,236 |
| Contributions, gifts, grants, and similar amounts received | $13,633 | $2,907 | $2,231 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $3,460 | $1,929 | $5,349 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $1,134 | $4,529 | $3,506 |
| Gross sales of inventory, less returns and allowances | $8,289 | $7,489 | $6,274 |
| Less: cost of goods sold | $7,155 | $2,960 | $2,768 |
| Other revenue | $104,340 | $30,540 | $27,150 |
| Total expenses | $54,940 | $62,422 | $60,378 |
| Total net assets | $136,995 | $114,478 | $92,336 |
| Excess/Deficit for the year | $67,627 | $-22,517 | $-22,142 |
| Net assets or fund balances at beginning of year | $69,368 | $136,995 | $114,478 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $114,478 | $92,336 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $137,100 | $114,721 | $92,722 |
| Total liabilities | $105 | $243 | $386 |
| Net assets or fund balances | $136,995 | $114,478 | $92,336 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $342,506 |
| Subtotal | $342,506 |
| Gifts, grants, contributions, and membership fees received | $42,559 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $299,947 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $342,506 |
| Public support | $342,506 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Randolph County Partnership For Children Inc in Asheboro, NC
  |
|
Randolph County Senior Adults Association Inc in Asheboro, NC
|
|
Centers For Spiritual Living, Csl Asheville in Asheville, NC
|
| Kyle Busch Foundation in Mooresville, NC |
|
Marine Corps League, Marine Corps League Cherokee Detachment 1011 in Murphy, NC
|
| Colonial Capital Humane Society in New Bern, NC |
|
Living Church Of God International Inc in Charlotte, NC
|
|
Greensboro Cheetahs in Greensboro, NC
|
|
Life Changing International Church Inc in High Point, NC
|
| Mission Servants Ministries in Charlotte, NC |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Old Salem Incorporated | 600 S Main St, Winston Salem, NC 27101-5329 | NC | 1950-06 | $22,278,021 |
| 2 | North Carolina Transportation Museum Foundation | PO BOX 69, Spencer, NC 28159-0069 | NC | 1978-02 | $2,113,405 |
| 3 | Wharton County Museum Association | PO BOX 349, Wharton, TX 77488-0349 | TX | 1974-12 | $141,508 |
| 4 | Shakertown At Pleasant Hill Kentucky Inc | 3501 Lexington Rd, Harrodsburg, KY 40330-9218 | KY | 1962-11 | $5,784,015 |
| 5 | Worcester Historical Museum | 30 Elm St, Worcester, MA 01609-2504 | MA | 1944-06 | $4,759,570 |
| 6 | Museum Of The New South Inc | 200 E 7th St, Charlotte, NC 28202-2508 | NC | 1991-12 | $2,787,847 |
| 7 | The North Carolina Museum Of History Associates Inc | 5 E Edenton St, Raleigh, NC 27601-1011 | NC | 1976-12 | $1,339,464 |
| 8 | Mount Airy Museum Of Regional History Inc | 301 N Main St, Mount Airy, NC 27030-3811 | NC | 1992-02 | $499,154 |
| 9 | The Friends Of The Graveyard Of The Atlantic Museum | PO BOX 284, Hatteras, NC 27943-0284 | NC | 1991-08 | $295,196 |
| 10 | Person County Museum Of History Inc | PO BOX 1792, Roxboro, NC 27573-1792 | NC | 1997-08 | $282,399 |
| 11 | Wilmington Railroad Museum Foundation Inc | 505 Nuty St, Wilmington, NC 28401-3347 | NC | 1980-04 | $211,346 |
| 12 | Greensboro Historical Museum Inc | 130 Summit Ave, Greensboro, NC 27401-3004 | NC | 1953-02 | $209,518 |
| 13 | North Carolina Railway Museum Inc | PO BOX 40, New Hill, NC 27562-0040 | NC | 1966-03 | $189,613 |
| 14 | Friends Of The City Of Raleigh Museum | 220 Fayetteville St Ste 100, Raleigh, NC 27601-1358 | NC | 1993-09 | $186,611 |
| 15 | Rowan Museum Incorporated | 202 N Main St, Salisbury, NC 28144-4362 | NC | 1970-03 | $183,789 |
| 16 | Alamance County Historical Museum Inc | 4777 South Nc 62 Hwy, Burlington, NC 27215 | NC | 1975-12 | $162,659 |
| 17 | Tobacco Farm Life Museum Inc | PO BOX 88, Kenly, NC 27542-0088 | NC | 1984-03 | $160,159 |
| 18 | Western North Carolina Air Museum Inc | PO BOX 2343, Hendersonvlle, NC 28793-2343 | NC | 1990-03 | $108,119 |
| 19 | Chapel Hill Museum | 610 E Rosemary St, Chapel Hill, NC 27514-3720 | NC | 1996-10 | $102,413 |
| 20 | The Andrew Jackson Historical Foundation Inc | PO BOX 7, Waxhaw, NC 28173-1038 | NC | 1986-09 | $49,789 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 772 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about North Carolina Aviation Museum & Hall Of Fame Incorporated »
Non-representatives - add comments about North Carolina Aviation Museum & Hall Of Fame Incorporated»