Commemorative Air Force in Midland, Texas (TX)
Table of contents:
Commemorative Air Force | |
Employer Identification Number (EIN) | 741484491 |
Name of Organization | Commemorative Air Force |
In Care of Name | Floyd Houdyshell |
Address | PO BOX 62000, Midland, TX 79711-2000 |
Activities | Parent or parent teachers association |
Subsection | Charitable Organization |
Ruling Date | 04/2009 |
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 | 12/2013 |
Assets | $10,000,000 to $49,999,999 |
Income | $10,000,000 to $49,999,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $19,262,456 |
Amount of Income | $20,622,954 |
Form 990 Revenue Amount | $19,001,932 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Museum, Museum Activities |
Non-representatives - add comments:
Amount of income in 2013: $20,622,954 (it was $17,367,341 in 2012)
This organization: | $20,622,954 |
Other organizations performing similar types of work: | $69,335 |
Assets in 2013: $19,262,456 (it was $19,440,427 in 2012)
This organization: | $19,262,456 |
Other organizations performing similar types of work: | $145,105 |
Expenses in 2012: $18,553,436
This organization: | $18,553,436 |
Other organizations performing similar types of work: | $47,186 |
Income to expenses ratio in 2012: 1.1
Commemorative Air Force: | 1.1 |
Other organizations performing similar types of work: | 1.1 |
Number of employees in 2012: 46
Commemorative Air Force: | 46 |
Other organizations performing similar types of work: | 2 |
Employees paid over $100,000 in 2012: 4.3%
Commemorative Air Force: | 4.3% |
Other organizations performing similar types of work: | 0.0% |
Grants share in income in 2012: 30.6%
This organization: | 30.6% |
Other organizations performing similar types of work: | 26.3% |
Revenue for 2012
Functional expenses for 2012
Support schedule
Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes |
Initiation fees and capital contributions | $0 |
Gross receipts for public use of club facilities | $0 |
Gross income from members or shareholders | $0 |
Gross income from other sources | $0 |
Statement of Revenue (for 2012) | |
Total revenue | $17,367,341 |
Contributions, Gifts, Grants and Other Similar Amounts | $5,313,081 |
Program Service Revenue | $8,121,227 |
Other Revenue | |
Investment income (including dividends, interest, and other similar amounts) | $40,853 |
Income from investment of tax-exempt bond proceeds | $0 |
Royalties | $0 |
Net rental income | $0 |
Net gain from sales of assets other than inventory | $200,073 |
Gross amount from sales of assets other than inventory (Securities / Other) | $0 / $199,982 |
Less: cost or other basis and sales expenses (Securities / Other) | $0 / $0 |
Gain or (loss) (Securities / Other) | $91 / $199,982 |
Net income from fundraising events | $2,498,325 |
Gross income from fundraising events | $2,498,325 |
Less: direct expenses | $0 |
Net income from gaming activities | $74,286 |
Gross income from gaming activities | $1,094,100 |
Less: direct expenses | $1,019,814 |
Net income from sales of inventory | $277,849 |
Gross sales of inventory, less returns and allowances | $1,374,674 |
Less: cost of goods sold | $1,096,825 |
Miscellaneous Revenue | $841,647 |
Statement of Functional Expenses (for 2012) | |
Total functional expenses | $18,553,436 |
Compensation of current officers, directors, trustees, and key employees | $296,514 |
Other salaries and wages | $1,748,704 |
Payroll taxes | $117,861 |
Professional fundraising services | $292,398 |
Other | $16,097,959 |
Balance Sheet (for 2012) | |
Total assets | $19,440,427 |
Total liabilities | $4,331,355 |
Tax-exempt bond liabilities | $0 |
Secured mortgages and notes payable to unrelated third parties | $1,999,041 |
Unsecured notes and loans payable to unrelated third parties | $0 |
Other | $2,332,314 |
Total net assets or fund balances | $15,109,072 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Reason for Public Charity Status (for 2012) | |
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 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
2008 - 2012 Total | |
---|---|
Total support | $70,210,656 |
Gifts, grants, contributions, and membership fees received | $27,505,070 |
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 | $40,593,758 |
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 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $1,526,840 |
Other | $584,988 |
Unrelated Trade or Business Income (for 2008) | |||
Income | Expenses | Net | |
---|---|---|---|
Total | $306,796 | $0 | $306,796 |
Gross receipts or sales less returns and allowances | $303,902 | $0 | $0 |
Cost of goods sold | $0 | $0 | $0 |
Gross profit | $303,902 | $0 | $303,902 |
Capital gain net income | $0 | $0 | $0 |
Net gain | $0 | $0 | $0 |
Capital loss deduction for trusts | $0 | $0 | $0 |
Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
Rent income | $0 | $0 | $0 |
Unrelated debt-financed income | $0 | $0 | $0 |
Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
Exploited exempt activity income | $0 | $0 | $0 |
Advertising income | $2,894 | $0 | $2,894 |
Other income | $0 | $0 | $0 |
Deductions Not Taken Elsewhere (for 2008) | |
Total deductions | $220,996 |
Compensation of officers, directors, and trustees | $0 |
Salaries and wages | $23,734 |
Repairs and maintenance | $0 |
Bad debts | $0 |
Interest | $0 |
Taxes and licenses | $38,118 |
Charitable contributions | $9,533 |
Depreciation | $15,969 |
Depletion | $0 |
Contributions to deferred compensation plans | $0 |
Employee benefit programs | $1,276 |
Excess exempt expenses | $0 |
Excess readership costs | $0 |
Other deductions | $132,366 |
Unrelated business taxable income | $84,800 |
Unrelated business taxable income before net operating loss deduction | $85,800 |
Net operating loss deduction | $0 |
Unrelated business taxable income before specific deduction | $35,800 |
Specific deduction | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Trust For African Rock Arts | 77 W Wacker Dr, Chicago, IL 60601-1604 | IL | 2001-09 | $595,502 |
2 | Texas Flying Legends Museum | 4203 Yoakum Blvd Ste 200, Houston, TX 77006-5455 | TX | 2012-03 | $4,224,580 |
3 | The Tobin Theatre Arts Fund | PO BOX 91019, San Antonio, TX 78209-9094 | TX | 1999-10 | $1,303,791 |
4 | Creation Evidence Museum Of Texas | Post Office Box 309, Glen Rose, TX 76043 | TX | 2010-09 | $1,254,907 |
5 | Treley Foundation | PO BOX 5723, Austin, TX 78763-5723 | TX | 2012-02 | $1,000,107 |
6 | Stastny Folk Art And Crafts Foundation | 200 Myers Rd, Heath, TX 75032-8603 | TX | 1999-07 | $917,529 |
7 | Commemorative Air Force, Wings Over Houston Inc | 1807 Brittmoore Rd, Houston, TX 77043-2213 | TX | 2009-04 | $915,887 |
8 | El Paso Exploreum | 301 W Overland Ave, El Paso, TX 79901-1029 | TX | 2012-10 | $870,357 |
9 | Hill Country Science Mill | PO BOX 38, Johnson City, TX 78636-0038 | TX | 2012-08 | $693,855 |
10 | Salon De La Fama Latino Americano Del Deporte, L American Intl Sports Hall Of Fame | 1801 Musser St, Laredo, TX 78043-2353 | TX | 1999-07 | $674,142 |
11 | Babydoll Museum Inc | 4203 Yoakum Blvd Ste 200, Houston, TX 77006-5455 | TX | 2011-11 | $490,000 |
12 | Texas Civil War Museum Inc | 760 N Jim Wright Fwy, Wht Settlemt, TX 76108-1222 | TX | 2003-01 | $376,934 |
13 | Quilt Institute Inc | 140 W Colorado St, La Grange, TX 78945-2204 | TX | 2011-07 | $363,297 |
14 | Hispanic Heritage Center Of Texas | 110 Broadway St Ste 525, San Antonio, TX 78205-1933 | TX | 2009-01 | $293,553 |
15 | The Coming King Foundation | PO BOX 290555, Kerrville, TX 78029-0555 | TX | 2005-01 | $236,204 |
16 | Dr Neal And Mary Ann Naranjo Charitable Foundation | PO BOX 1743, Lufkin, TX 75902-1743 | TX | 2011-03 | $201,906 |
17 | New Braunfels Masonic Historical Museum & Library Foundation | PO BOX 311059, New Bruanfels, TX 78130-1059 | TX | 2006-03 | $183,012 |
18 | Texas Country Music Hall Of Fame | 300 W Panola St, Carthage, TX 75633-2535 | TX | 1998-09 | $168,775 |
19 | Rosenberg Railroad Museum Inc | 1921 Avenue F, Rosenberg, TX 77471-2521 | TX | 1999-12 | $162,513 |
20 | South Padre Island Dolphin Research And Nature Center | 110 N Garcia St, Port Isabel, TX 78578-4500 | TX | 2005-05 | $141,540 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 2,844 |
All affiliated organizations | |||||
Affiliation | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
Central | Commemorative Air Force | PO BOX 62000, Midland, TX 79711-2000 | TX | 2009-04 | $20,622,954 |
Subordinate | Commemorative Air Force, Wings Over Houston Inc | 1807 Brittmoore Rd, Houston, TX 77043-2213 | TX | 2009-04 | $915,887 |
Subordinate | Commemorative Air Force | PO BOX 1944, Deland, FL 32721 | FL | 2009-04 | $0 |
Subordinate | Commemorative Air Force | 1200 Echo St, Peachtree City, GA 30269 | GA | 2009-04 | $0 |
Subordinate | Commemorative Air Force Minnesota American Airpower Herita | 310 Airport Rd Hangar 3 Fleming Fld, South St Paul, MN 55075 | MN | 2009-04 | $0 |
Subordinate | Commemorative Air Force | 994 Lynx Loop Ne, Albuquerque, NM 87122 | NM | 2009-04 | $0 |
Subordinate | Commemorative Air Force | 2017 N Greenfield Rd, Mesa, AZ 85215 | AZ | 2009-04 | $0 |
Number of affiliated organizations | |||||||||||||
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Total | 7 |
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