2013-11-07T10:47:50-06:00 2012-12-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2012-01-01 201638987 FUTURE OF FLIGHT FOUNDATION FUTU 4254388100 8415 PAINE FIELD BLVD MUKILTEO WA 98275 BARRY SMITH 4254388100 2013-11-06 1 SARA ELIZABETH J HYRE P00235495 4254544919 2013-11-05 2012 2016-02-25 16:41:14Z BARRY SMITH 8415 PAINE FIELD BLVD MUKILTEO WA 98275 2071871 0 X WWW.FUTUREOFFLIGHT.ORG X 2004 WA OUR MISSION: THE FUTURE OF FLIGHT FOUNDATION 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 FOUNDATION 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: TO BE THE LEADING CENTER OF LEARNING AND INNOVATION FOR SCIENCE, TECHNOLOGY, AND AVIATION. 13 13 32 43 0 0 697063 625005 1058162 1368292 -95488 -55564 -86252 -97702 1573485 1840031 0 0 0 0 1068192 1224745 0 0 270834 515362 769693 1583554 1994438 -10069 -154407 17561071 17152128 572151 317615 16988920 16834513 X TO SUPPORT THE ACTIVITIES OF THE FUTURE OF FLIGHT AVIATION CENTER INCLUDING EDUCATING THE PUBLIC, YOUNG OR OLD, IN THE HERITAGE AND FUTURE, SCIENCE, MATHEMATICS, ART AND TECHNOLOGY OF COMMERCIAL JET AVIATION.FUTURE OF FLIGHT FOUNDATION HOUSES, MAINTAINS DISPLAYS, RESTORES, RECONSTRUCTS AND INTERPRETS COMMERCIAL JET AIRCRAFT, ITS REPLICA, HARDWARE, MANUALS, PERIODICALS, MUSIC, TAPES, PICTURES, PHOTOGRAPHS, FILMS, TOOLS, PLANS, ENGINEERING DRAWINGS, MODELS, MEMORABILIA AND RELATED ITEMS AT THE AVIATION CENTER. 0 0 1475343 1239453 THE FOUNDATION OPERATES THE FUTURE OF FLIGHT FACILITY AND THROUGH GIFTS, GRANTS AND DONATIONS, POPULATES THE GALLERY WITH EXHIBITS AND EDUCATIONAL DISPLAYS TO EDUCATE THE PUBLIC TO THE SIGNIFICANCE OF INNOVATION IN COMMERCIAL AVIATION AND THE IMPACT IT HAS ON THEIR DAILY LIVES. WE HOSTED OVER 225,700 VISITORS TO THE FACILITY IN 2012, INCLUDING 65,000 INTERNATIONAL VISITORS FROM ALL CORNERS OF THE GLOBE. WE ADDED A NEW MATERIALS STRENGTH AND WEIGHT DISPLAY, SEVERAL INTERPRETIVE SIGNS, AND HUNG INTERNATIONAL FLAGS IN THE LOBBY. 138153 128839 THE FOUNDATION DEVELOPED AND PROVIDES AN EDUCATION PROGRAM TITLED "FLIGHTS OF INNOVATION." THIS PROGRAM INVOLVES MIDDLE SCHOOL AGED CHILDREN IN AN IMMERSIVE LEARNING PROGRAM WITH BOTH CLASSROOM INSTRUCTION AND ON-SITE (FUTURE OF FLIGHT) SESSIONS. BASED ON THE VESIL MODEL, THIS PROGRAM EMPHASIZES SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM). THIS YEAR WE REACHED 530 STUDENTS IN 20 MIDDLE SCHOOL CLASSROOMS. OUR GOALS FOR FUTURE YEARS INCLUDE EXPANDING OUR OUTREACH INTO HIGH SCHOOL PROGRAMS. 1613496 1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 15 0 1 32 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BOB COOPER 4254388100 8415 PAINE FIELD BLVD MUKILTEO WA 98275 TOM SANGER 4.00 X X 0 0 0 MARK GULBRANSEN 2.00 X X 0 0 0 VISAKAN GANESON 2.00 X X 0 0 0 LOUISE STANTON-MASTEN 2.00 X X 0 0 0 MARK FALLER 2.00 X 0 0 0 DANIEL RAHKONEN 2.00 X 0 0 0 JANE KILBURN 2.00 X 0 0 0 PAUL PITRE 2.00 X X 0 0 0 LYNN NIXON 2.00 X 0 0 0 DAVE WAGGONER 2.00 X 0 0 0 JEFF KLEMANN 2.00 X 0 0 0 JO DRAKE 2.00 X 0 0 0 BILL STAFFORD 2.00 X 0 0 0 SHAIZA DAMJI 2.00 X 0 0 0 JOHN QUINLIVAN 2.00 X 0 0 0 BARRY SMITH 40.00 X 130560 0 4800 BOB COOPER 24.00 X 53867 0 0 MARY BRUEGGEMAN 40.00 X 106191 0 8160 290618 0 12960 2 0 0 0 0 76105 79596 469304 190259 625005 COUNTY MGMT FEE 921190 1050000 1050000 ADMISSIONS 712110 266394 266394 CONTRACT REVENUE 541611 51898 51898 1368292 61 61 55625 -55625 -55625 -55625 72213 76105 176215 -104002 -104002 6300 0 6300 6300 1840031 1368292 0 -153266 184427 77415 20341 86671 858204 700512 45058 112634 97042 78881 4152 14009 85072 66404 5174 13494 12680 2539 10021 120 38376 37031 1345 71418 71418 135938 122982 7108 5848 69389 47826 8277 13286 3160 2700 300 160 62146 55065 7081 2160 689 909 562 202475 202475 4322 2161 2161 EXHIBITS MAINTENANCE 67211 67211 SMALL EQUIPMENT 6000 6000 94418 72187 5262 16969 1994438 1613496 110108 270834 169283 95543 20248 20269 18000 722490 482477 2225477 1036122 1266566 1189355 15364484 15364484 17561071 17152128 52951 81477 519200 236138 572151 317615 X 16949398 16732521 39522 101992 16988920 16834513 17561071 17152128 -154407 0 X 0 1 X 1 0 X 184286 240510 316815 697063 625005 2063679 849092 1082729 1003049 1058162 1368292 5361324 1033378 1323239 1319864 1755225 1993297 7425003 50000 77000 126931 114250 253450 621631 828330 919359 784877 810637 1081964 4425167 878330 996359 911808 924887 1335414 5046798 2378205 4385 497 535 475 61 5953 4385 497 535 475 61 5953 298 4470 1249 6017 1038061 1328206 1321648 1755700 1993358 7436973 0.31980 0.40120 0.00080 0.00190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15364484 X 0 2225477 1036122 1189355 1189355 COLLECTIONS 15364484 15364484 1819436 -20595 -20595 1840031 0 1840031 1973843 0 1973843 20595 20595 1994438 PART III, LINE 4: THE FUTURE OF FLIGHT FOUNDATION'S COLLECTION CONSISTS MAINLY OF PARTS AND PIECES OF COMMERCIAL JET AIRCRAFT. EXAMPLES ARE A JET ENGINE FROM A BOEING 777, A TAIL FIN FROM A 747, A NOSE SECTION FROM A 727 AND A COCKPIT FROM A 727. THE COLLECTIONS ARE USED IN EXHIBITS PROVIDED TO EDUCATE AND ENTERTAIN THE VISITORS IN OUR GALLERY. THEY ARE USED TO DEMONSTRATE THE TECHNOLOGY AND MANUFACTURING PROCESSES OF THE TIME AND TO CONTRAST THEM TO THE EMERGING AND INNOVATIVE TECHNOLOGIES AND PROCESSES OF THE PRESENT AND FUTURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: PRE-EVENT EXPENSES FROM 2012 GALA -20,595. PART XII, LINE 4B - OTHER ADJUSTMENTS: PRE-EVENT EXPENSES FROM 2012 GALA 20,595. 2012 GALA 148318 76105 72213 32189 7600 136426 148318 76105 72213 32189 7600 136426 176215 -104002 X AUCTION ITEMS 155 108957 FAIR MARKET VALUE X EXHIBIT ITEMS - MONITORS 2 65735 FAIR MARKET VALUE X PLANE FARE 2 5050 FAIR MARKET VALUE X MISCELLANEOUS 11 10517 FAIR MARKET VALUE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER IN PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 6 VOLUNTEERS STAFF THE VISITORS INFORMATION DESK WHERE THEY PROVIDE INFORMATION ON LOCAL RESTAURANTS, ACCOMMODATIONS & ATTRACTIONS, AND INFORMATION ON THE TOUR AND GALLERY EXHIBITS. THE TOTAL NUMBER OF VOLUNTEERS INCLUDES THE TOTAL NUMBER OF PEOPLE WHO VOLUNTEERED ANY TIME AT THE FUTURE OF FLIGHT FOUNDATION, AS DOCUMENTED BY OUR VOLUNTEER COORDINATOR, AND THE FOUNDATION'S UNCOMPENSATED BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOEING COMPANY AND SNOHOMISH COUNTY EACH APPOINT A REPRESENTATIVE TO SERVE ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE 2012 FORM 990 WILL BE BROUGHT TO THE FINANCE COMMITTEE FOR REVIEW AND RECOMMENDATION OF APPROVAL TO SUBMIT THE FORM 990 TO THE IRS. IT WILL BE VOTED ON BY THE FULL BOARD AT A REGULAR MEETING PRIOR TO SUBMITTING THE RETURN TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT 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 15A THE EXECUTIVE COMMITTEE REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR, BARRY SMITH, 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 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.