2012-10-26T09:58:16-05:00 2011-12-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2011-01-01 201638987 FUTURE OF FLIGHT FOUNDATION FUTU 4254388100 8415 PAINE FIELD BLVD MUKILTEO WA 98275 BARRY SMITH 4254388100 2012-10-25 1 SARA ELIZABETH J HYRE P00235495 4254544919 2012-10-25 2011 2016-02-24 21:20:13Z BARRY SMITH 8415 PAINE FIELD BLVD MUKILTEO WA 98275 1830843 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: THE FUTURE OF FLIGHT FOUNDATION GIVES WINGS TO INNOVATIVE THINKING. 14 14 35 41 0 0 316815 697063 1003049 1058162 -252893 -95488 1249 -86252 1068220 1573485 0 0 0 0 987454 1068192 0 0 212896 397728 515362 1385182 1583554 -316962 -10069 17643626 17561071 644637 572151 16998989 16988920 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 1134595 933904 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 207,020 VISITORS TO THE FACILITY IN 2011, INCLUDING 55,844 INTERNATIONAL VISITORS FROM ALL CORNERS OF THE GLOBE. WE ADDED A NEW BUSINESS JET DISPLAY, SEVERAL INTERPRETIVE SIGNS, AND COMPLETELY REMODELED THE JET ENGINE DISPLAY. 123319 124258 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 475 STUDENTS IN 16 MIDDLE SCHOOL CLASSROOMS. OUR GOALS FOR FUTURE YEARS INCLUDE EXPANDING OUR OUTREACH INTO HIGH SCHOOL PROGRAMS. 1257914 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 0 1 16 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 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 MARK FALLER 3.00 X X 0 0 0 TOM SANGER 2.00 X X 0 0 0 LYNN NIXON 2.00 X X 0 0 0 MARK GULBRANSON 2.00 X X 0 0 0 DANIEL RAHKONEN 4.00 X 0 0 0 JANE KILBURN 2.00 X 0 0 0 DAVE WAGGONER 2.00 X 0 0 0 JEFF KLEMANN 2.00 X 0 0 0 LOUISE STANTON-MASTEN 2.00 X 0 0 0 BILL STAFFORD 2.00 X 0 0 0 VISAKAN GANESON 2.00 X 0 0 0 SHAIZA DAMJI 2.00 X 0 0 0 JACK JONES 2.00 X 0 0 0 JOHN QUINLIVAN 2.00 X 0 0 0 BARRY SMITH 50.00 X 130560 0 4800 BOB COOPER 24.00 X 53867 0 0 MARY BRUEGGEMAN 40.00 X 105207 0 8998 289634 0 13798 2 0 0 0 0 39165 46792 611106 187271 697063 COUNTY REIMBURSEMENT 921190 778194 778194 ADMISSIONS 712110 229968 229968 CONTRACT REVENUE 541611 50000 50000 1058162 475 475 0 95963 -95963 -95963 -95963 68243 39165 161395 -93152 -93152 6900 0 6900 6900 1573485 1058162 0 -181740 184427 133203 19414 31810 785622 616346 44791 124485 7262 7262 90881 71660 5462 13759 24133 24133 14078 12670 1408 27599 27599 26997 5553 21444 52800 32976 11890 7934 2999 2700 299 41361 40167 1194 3002 2654 149 199 191101 191101 5840 2920 2920 SMALL EQUIPMENT 78621 78621 EXHIBITS MAINTENANCE 24911 24911 OTHER EXPENSES 21920 14833 2278 4809 1583554 1257914 112744 212896 164020 169283 20163 20248 47189 18000 813155 722490 2194588 928022 1234615 1266566 15364484 15364484 17643626 17561071 29437 52951 615200 519200 644637 572151 X 16891379 16949398 107610 39522 16998989 16988920 17643626 17561071 -10069 0 X 0 1 1 X 0 X 1432101 184286 240510 316815 697063 2870775 741806 849092 1082729 1003049 1058162 4734838 2173907 1033378 1323239 1319864 1755225 7605613 73103 50000 77000 126931 114250 441284 719834 838711 932618 798093 810637 4099893 792937 888711 1009618 925024 924887 4541177 3064436 8648 4385 497 535 475 14540 8648 4385 497 535 475 14540 14648 298 2191 1249 18386 2197203 1038061 1325927 1321648 1755700 7638539 0.40120 0.38990 0.00190 0.00350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15364484 X 0 2194588 928022 1266566 1266566 COLLECTIONS 15364484 15364484 1573485 1583554 -10069 -10069 1576277 0 1576277 -2792 -2792 1573485 1586346 2792 2792 1583554 0 1583554 PART III, LINE 4: THE FUTURE OF FLIGHT FOUNDATION'S COLLECTION CONSISTS MAINLY OF PARTS AND PIECES OF COMMERCIAL JET AIRCRAFTS. 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 XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -2,792. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 2,792. 2011 GALA 107408 39165 68243 32496 4500 124399 107408 39165 68243 32496 4500 124399 161395 -93152 X SOFTWARE 1 16433 FAIR MARKET VALUE X TREE 1 7500 FAIR MARKET VALUE X SOLAR PANELS 1 60621 FAIR MARKET VALUE X LAPEL PINS 1 200 FAIR MARKET VALUE X AUCTION ITEMS 153 102517 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 CONTRIBUTIONS. 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 2011 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. IF A CONFLICT OCCURS DURING A BOARD MEETING, THE MEMBER MUST NOTIFY THE PRESIDENT AND RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE. 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. THIS PROCESS WAS LAST DONE FOR 2009-2010. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.