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INSTITUTE OF FLIGHT: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
INSTITUTE OF FLIGHT (EIN 20-1638987)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-10
IRS object ID
201643159349300744
Schema version
2015v2.1
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

FieldValueIRS element (for citing)
Return2016-11-10T10:38:38-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN911194016PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLARK NUBER PSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110900 NE 4TH STREET SUITE 1700AddressLine1Txt
CityBELLEVUECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201638987EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INSTITUTE OF FLIGHTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINSTBusinessNameControlTxt
Phone4254388100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18415 PAINE FIELD BLVDAddressLine1Txt
CityMUKILTEOCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98275ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBONNIE HILORYPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4254388100PhoneNum
Signature2016-11-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARA ELIZABETH J HYREPreparerPersonNm
PTINP00235495PTIN
Phone4254544919PhoneNum
Preparation2016-11-09PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1FUTURE OF FLIGHT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerBONNIE HILORYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18415 PAINE FIELD BLVDAddressLine1Txt
CityMUKILTEOCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98275ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,284,667GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FUTUREOFFLIGHT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionOUR MISSION: THE INSTITUTE OF FLIGHT HIGHLIGHTS AVIATION AND CREATES EXPERIENCES THAT ENGAGE AND IMMERSE PARTICIPANTS TO: CULTIVATE CURIOSITY, STIMULATE IMAGINATION, ENCOURAGE CREATIVITY AND EXPERIMENTATION, GENERATE COLLABORATION AND EXPLORE SOLUTIONS. THE INSTITUTE OF FLIGHT IS RESPONSIBLE FOR THE EXHIBIT ACQUISITION AND DISPLAY ON THE GALLERY FLOOR, THE EDUCATIONAL PROGRAM AND SERVICES AND THE OPERATION OF THE FACILITY INCLUDING THE SALES OF TOUR RESERVATIONS AND THE RENTAL OF SPECIAL EVENT ROOMS ON BEHALF OF THE SNOHOMISH COUNTY AIRPORT. OUR VISION: IGNITING PASSION FOR THE FUTURE OF AEROSPACE.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers85TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$359,074PYContributionsGrantsAmt
CY Contributions Grants$285,449CYContributionsGrantsAmt
PY Program Service Revenue$1,749,730PYProgramServiceRevenueAmt
CY Program Service Revenue$1,873,331CYProgramServiceRevenueAmt
PY Investment Income$111PYInvestmentIncomeAmt
CY Investment Income$272CYInvestmentIncomeAmt
PY Other Revenue-$98,563PYOtherRevenueAmt
CY Other Revenue-$75,760CYOtherRevenueAmt
PY Total Revenue$2,010,352PYTotalRevenueAmt
CY Total Revenue$2,083,292CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,442,713PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,425,682CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$200,960CYTotalFundraisingExpenseAmt
PY Other Expenses$756,271PYOtherExpensesAmt
CY Other Expenses$758,128CYOtherExpensesAmt
PY Total Expenses$2,198,984PYTotalExpensesAmt
CY Total Expenses$2,183,810CYTotalExpensesAmt
PY Revenues Less Expenses-$188,632PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$100,518CYRevenuesLessExpensesAmt
Total Assets BOY$1,602,928TotalAssetsBOYAmt
Total Assets EOY$1,438,379TotalAssetsEOYAmt
Total Liabilities BOY$453,894TotalLiabilitiesBOYAmt
Total Liabilities EOY$389,863TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,149,034NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,048,516NetAssetsOrFundBalancesEOYAmt
MissionTO INSPIRE AND NURTURE MULTI-GENERATIONAL LOCAL AND GLOBAL VISITORS THROUGH IMMERSIVE HANDS-ON EXHIBITS, TOURS AND AEROSPACE EDUCATION EXPERIENCES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,388,018ExpenseAmt
Revenue$1,831,699RevenueAmt
DescTHE INSTITUTE OF FLIGHT OPERATES THE FUTURE OF FLIGHT FACILITY FROM TOUR TICKET REVENUE COLLECTED ON BEHALF OF THE COUNTY AND POPULATES THE GALLERY WITH EXHIBITS AND EDUCATIONAL DISPLAYS FUNDED BY GIFTS, GRANTS AND DONATIONS, TO EDUCATE THE PUBLIC OF THE SIGNIFICANCE OF INNOVATION IN COMMERCIAL AVIATION AND THE IMPACT IT HAS ON THEIR DAILY LIVES. WE HOSTED OVER 280,000 VISITORS TO THE FACILITY IN 2015, INCLUDING 92,000 INTERNATIONAL VISITORS FROM ALL CORNERS OF THE GLOBE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$15,870ExpenseAmt
DescEXHIBITS - EXHIBITS ARE PROVIDED IN THE FACILITY GALLERY THAT HIGHLIGHT THE SIGNIFICANCE OF COMMERCIAL AVIATION AND THE INNOVATIONS CREATED BY AEROSPACE ENGINEERING. AS WE ARE DEVELOPING A NEW MASTER PLAN TO DESIGN OUR FUTURE EXHIBIT NEEDS FOR THE GALLERY, LITTLE CHANGE OF SIGNIFICANCE OCCURED IN 2015.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$280,128ExpenseAmt
Revenue$41,632RevenueAmt
DescEDUCATION - THE INSTITUTE OF FLIGHT HAS DEVELOPED AND IMPLEMENTED EDUCATIONAL PROGRAMS. THESE PROGRAMS INVOLVE MIDDLE SCHOOL CHILDREN IN IMMERSIVE LEARNING PROGRAMS WITH BOTH CLASSROOM INSTRUCTION AND ON-SITE (FUTURE OF FLIGHT) SESSIONS, INCLUDING A FAMILY ZONE AREA WITH HANDS ON INTERACTIVE LEARNING EXHIBITS. THESE PROGRAMS EMPHASIZE SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH (STEAM).Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,684,016TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document26IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee40EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMOLLY BRODIEPersonNm
Phone4254388100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18415 PAINE FIELD BLVDAddressLine1Txt
CityMUKILTEOCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98275ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LOUISE STANTON-MASTEN
PRESIDENT4.00Yes (X)Yes (X)$0$0$0
PAUL PITRE
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
SHAIZA DAMJI
TREASURER2.00Yes (X)Yes (X)$0$0$0
MARY KAYE BREDESON
SECRETARY2.00Yes (X)Yes (X)$0$0$0
VISAKAN GANESON
PAST PRESIDENT2.00Yes (X)$0$0$0
JO DRAKE
BOARD MEMBER2.00Yes (X)$0$0$0
BRIAN SULLIVAN
BOARD MEMBER2.00Yes (X)$0$0$0
KEVIN AUSTIN
BOARD MEMBER2.00Yes (X)$0$0$0
AKHIL PATEL
BOARD MEMBER2.00Yes (X)$0$0$0
LENDA CRAWFORD
BOARD MEMBER2.00Yes (X)$0$0$0
CAMERON PERCY
BOARD MEMBER2.00Yes (X)$0$0$0
ANNE RENE JOSEPH
BOARD MEMBER2.00Yes (X)$0$0$0
NICHOLAS PATRICK
BOARD MEMBER2.00Yes (X)$0$0$0
JEFF VAN DYCK
BOARD MEMBER2.00Yes (X)$0$0$0
JOYCE WALTERS
BOARD MEMBER2.00Yes (X)$0$0$0
JEFF KLEMANN
BOARD MEMBER2.00Yes (X)$0$0$0
PATRICK MULVA
BOARD MEMBER2.00Yes (X)$0$0$0
JEFF LEWIS
BOARD MEMBER2.00Yes (X)$0$0$0
BOB COOPER
CFO24.00Yes (X)$58,978$0$1,396
BONNIE HILORY
EXEC. DIRECTOR40.00Yes (X)$162,312$0$2,403
FieldValueIRS element (for citing)
Total Reportable Comp From Org$221,290TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$3,799TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$68,568FundraisingAmt
Government Grants$53,637GovernmentGrantsAmt
All Other Contributions$163,244AllOtherContributionsAmt
Noncash Contributions$49,398NoncashContributionsAmt
Total Contributions$285,449TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
COUNTY MANAGEMENT FEE712110$1,451,450$1,451,450
ADMISSIONS712110$380,249$380,249
EDUCATIONAL REVENUE712110$41,632$41,632
FieldValueIRS element (for citing)
Total Program Service Revenue$1,873,331TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$272TotalRevenueColumnAmt
Exclusion$272ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$118,245FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$68,568ContriRptFundraisingEventAmt
Fundraising Direct Expenses$198,015FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$79,770TotalRevenueColumnAmt
Exclusion-$79,770ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$7,370GamingGrossIncomeAmt
Gaming Direct Expenses$3,360GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,010TotalRevenueColumnAmt
Exclusion$4,010ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,083,292TotalRevenueColumnAmt
Related Or Exempt Func Income$1,873,331RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$75,488ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$221,290TotalAmt
Program Services$97,388ProgramServicesAmt
Management And General$91,440ManagementAndGeneralAmt
Fundraising$32,462FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$965,070TotalAmt
Program Services$804,691ProgramServicesAmt
Management And General$56,699ManagementAndGeneralAmt
Fundraising$103,680FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$15,247TotalAmt
Program Services$12,341ProgramServicesAmt
Management And General$1,716ManagementAndGeneralAmt
Fundraising$1,190FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$123,980TotalAmt
Program Services$109,121ProgramServicesAmt
Management And General$5,090ManagementAndGeneralAmt
Fundraising$9,769FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$100,095TotalAmt
Program Services$81,388ProgramServicesAmt
Management And General$6,044ManagementAndGeneralAmt
Fundraising$12,663FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$12,049TotalAmt
Program Services$1,340ProgramServicesAmt
Management And General$10,349ManagementAndGeneralAmt
Fundraising$360FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,651TotalAmt
Program Services$36,586ProgramServicesAmt
Management And General$4,065ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$90,784TotalAmt
Program Services$22,575ProgramServicesAmt
Management And General$68,209ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$155,421TotalAmt
Program Services$137,493ProgramServicesAmt
Management And General$5,124ManagementAndGeneralAmt
Fundraising$12,804FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$95,775TotalAmt
Program Services$41,383ProgramServicesAmt
Management And General$34,269ManagementAndGeneralAmt
Fundraising$20,123FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,160TotalAmt
Program Services$2,700ProgramServicesAmt
Management And General$300ManagementAndGeneralAmt
Fundraising$160FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$23,137TotalAmt
Program Services$13,362ProgramServicesAmt
Management And General$5,146ManagementAndGeneralAmt
Fundraising$4,629FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,562TotalAmt
Program Services$1,996ProgramServicesAmt
Management And General$855ManagementAndGeneralAmt
Fundraising$1,711FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$296,953TotalAmt
Program Services$296,953ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,250TotalAmt
Program Services$3,125ProgramServicesAmt
Management And General$3,125ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEXHIBITS MAINTENANCEDesc
Total$11,694TotalAmt
Program Services$11,694ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$17,692TotalAmt
Program Services$9,880ProgramServicesAmt
Management And General$6,403ManagementAndGeneralAmt
Fundraising$1,409FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,183,810TotalAmt
Program Services$1,684,016ProgramServicesAmt
Management And General$298,834ManagementAndGeneralAmt
Fundraising$200,960FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$395,373BOYAmt
EOY$416,007EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,309BOYAmt
EOY$20,330EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$87,835BOYAmt
EOY$56,217EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$299,224BOYAmt
EOY$381,101EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,655,784LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,091,060LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$800,187BOYAmt
EOY$564,724EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,602,928BOYAmt
EOY$1,438,379EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$148,725BOYAmt
EOY$83,299EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$305,169BOYAmt
EOY$306,564EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$453,894BOYAmt
EOY$389,863EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,007,315BOYAmt
EOY$919,929EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$141,719BOYAmt
EOY$126,587EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$2,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,149,034BOYAmt
EOY$1,048,516EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,602,928BOYAmt
EOY$1,438,379EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$100,518ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$697,063CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$625,005CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$433,024CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$359,074CurrentTaxYearMinus1YearAmt
Current Tax Year$285,449CurrentTaxYearAmt
Total$2,399,615TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$697,063CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$625,005CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$433,024CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$359,074CurrentTaxYearMinus1YearAmt
Current Tax Year$285,449CurrentTaxYearAmt
Total$2,399,615TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$845,183SubstantialContributorsTotAmt
Public Support Total170$1,554,432PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$44CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$111CurrentTaxYearMinus1YearAmt
Current Tax Year$272CurrentTaxYearAmt
Total$963TotalAmt
FieldValueIRS element (for citing)
Total Support$2,400,578TotalSupportAmt
Gross Receipts Rltd Activities$7,547,369GrossReceiptsRltdActivitiesAmt
Public Support CY1700.64750PublicSupportCY170Pct
Public Support PY1700.62300PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$501,871AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$0BeginningYearBalanceAmt
Contributions$2,000ContributionsAmt
End Year Balance$2,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$37,322OtherCostOrOtherBasisAmt
Depreciation$31,135DepreciationAmt
Book Value$6,187BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,618,462OtherCostOrOtherBasisAmt
Depreciation$4,059,925DepreciationAmt
Book Value$558,537BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$564,724TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$2,113,292TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$30,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$30,000RevenueNotReportedAmt
Revenue Subtotal$2,083,292RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,083,292TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,213,810TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$30,000DonatedServicesUseFcltsAmt
Expenses Not Reported$30,000ExpensesNotReportedAmt
Expenses Subtotal$2,183,810ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,183,810TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE FUTURE OF FLIGHT AVIATION CENTER GALLERY ACHIEVES OUR MISSION BY PROVIDING INTERACTIVE LEARNING EXPERIENCES THAT HIGHLIGHT HOW FAR WE'VE COME IN AVIATION DESIGN AND WHERE WE'RE HEADED TO IN THE FUTURE. THE GALLERY'S EXHIBITS ENGAGE GUESTS OF ALL AGES THROUGH INTERACTIVE LEARNING ZONES THAT EDUCATE AND INSPIRE AN INTEREST IN AVIATION.
PART V, LINE 4:THIS $2,000 WAS THE FIRST CONTRIBUTION TOWARDS THE BOARD APPROVED LEGACY SOCIETY ENDOWMENT, WHICH IS INTENDED AS A PERMANENTLY RESTRICTED FUND. NO FUNDS WILL BE EXPENDED FROM THIS ENDOWMENT UNTIL IT REACHES $250,000, AT WHICH POINT, DISTRIBUTIONS WILL BE MADE FROM INCOME GENERATED. THESE FUNDS ARE TO BE USED TO SUPPORT FUTURE PROGRAMS AND EXHIBITS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$90,622GrossReceiptsEvent1Amt
Charitable Contri Event1$40,330CharitableContriEvent1Amt
Gross Revenue Event1$50,292GrossRevenueEvent1Amt
Food And Beverage Event1$33,007FoodAndBeverageEvent1Amt
Entertainment Event1$6,100EntertainmentEvent1Amt
Other Direct Expenses Event1$83,020OtherDirectExpensesEvent1Amt
Event210 YEAR ANNIVERSARYEvent2Nm
Gross Receipts Event2$55,939GrossReceiptsEvent2Amt
Charitable Contri Event2$24,125CharitableContriEvent2Amt
Gross Revenue Event2$31,814GrossRevenueEvent2Amt
Food And Beverage Event2$15,366FoodAndBeverageEvent2Amt
Entertainment Event2$2,310EntertainmentEvent2Amt
Other Direct Expenses Event2$32,937OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$40,252GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$4,113CharitableContriOtherEventsAmt
Gross Revenue Other Events$36,139GrossRevenueOtherEventsAmt
Food And Beverage Other Events$3,469FoodAndBeverageOtherEventsAmt
Entertainment Other Events$1,000EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$20,806OthDirectExpnssOtherEventsAmt
Gross Receipts Total$186,813GrossReceiptsTotalAmt
Charitable Contributions Tot$68,568CharitableContributionsTotAmt
Gross Revenue Total Events$118,245GrossRevenueTotalEventsAmt
Food And Beverage Total Events$51,842FoodAndBeverageTotalEventsAmt
Entertainment Total Events$9,410EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$136,763OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$198,015DirectExpenseSummaryEventsAmt
Net Income Summary-$79,770NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonBONNIE HILORYPersonNm
TitleEXEC. DIRECTORTitleTxt
Base Compensation Filing Org$162,312BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$2,403DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$164,715TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescAUCTION ITEMSDesc
Contribution169ContributionCnt
Noncash Contributions Rpt F990$49,398NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER IN PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 6:VOLUNTEERS AT THE INSTITUTE OF FLIGHT ARE USED FOR VARIETY OF TASKS. WE USE VOLUNTEERS AS GALLERY GUIDES TO SHOW GUESTS THE FUTURE OF FLIGHT EXHIBITS. OTHER VOLUNTEER DUTIES INCLUDE DATABASE ENTRY, PHOTOGRAPHY, GRAPHIC DESIGN, MEMBERSHIP ASSISTANCE AND STAFFING NONPROFIT EVENTS. THE TOTAL NUMBER OF VOLUNTEERS INCLUDES THE PEOPLE WHO VOLUNTEERED FOR THE INSTITUTE OF FLIGHT AT ANY TIME, AND THE INSTITUTE OF FLIGHT'S UNCOMPENSATED BOARD MEMBERS.
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION NAME WAS CHANGED FROM THE FUTURE OF FLIGHT FOUNDATION TO THE INSTITUTE OF FLIGHT, ON OCTOBER 15, 2015.
FORM 990, PART VI, SECTION B, LINE 11THE FINANCE COMMITTEE WAS PROVIDED THE 2015 FORM 990 BEFORE FILING. THE FULL BOARD WILL BE NOTIFIED AT THE NEXT REGULAR MEETING THAT THE RETURN HAS BEEN FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY IS AVAILABLE FOR REVIEW. ANNUALLY, ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OR TO VERIFY THAT THERE ARE NO CONFLICTS BY COMPLETING THE DISCLOSURE FORM AND SUBMITTING IT TO THE FINANCE OFFICE. POTENTIAL CONFLICTS OF INTEREST ARE THEN REVIEWED BY THE PRESIDENT OF THE BOARD AND IF NECESSARY THE INDIVIDUAL INVOLVED RECUSES HIMSELF/HERSELF FROM DISCUSSING OR VOTING ON THE MATTER.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE COMMITTEE REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR, AND SETS COMPENSATION FOR THE YEAR. THEY USE COMPARABLE SALARY DATA FOR LOCAL AREA NON-PROFITS FOUND IN THE UNITED WAY WAGE AND BENEFIT SURVEY AS A PART OF THAT PROCESS. THE LAST COMPENSATION REVIEW WAS COMPLETED IN 2015.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.