2011-08-04T12:45:13-05:00 2010-12-31 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2010-01-01 201638987 FUTURE OF FLIGHT FOUNDATION FUTU 4254388100 8415 PAINE FIELD BLVD MUKILTEO WA 98275 BARRY SMITH 4254388100 2011-08-03 1 SARA ELIZABETH J HYRE 4254544919 2010 2016-03-07 17:11:31Z BARRY SMITH 8415 PAINE FIELD BLVD MUKILTEO WA 98275 1326766 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 AQUISITION 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 30 42 0 0 240510 316815 1082729 1003049 497 -252893 2191 1249 1325927 1068220 0 0 0 0 968886 987454 0 0 194520 360613 397728 1329499 1385182 -3572 -316962 17340215 17643626 24264 644637 17315951 16998989 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 1048040 873404 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 187,500 VISITORS TO THE FACILITY IN 2010, INCLUDING 50,000 INTERNATIONAL VISITORS FROM ALL CORNERS OF THE GLOBE. WE PROVIDED 2 NEW AND 6 UPGRADED EXHIBITS FOR THE GALLERY. 61721 129645 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 420 STUDENTS IN 9 MIDDLE SCHOOL CLASSROOMS. OUR GOALS FOR FUTURE YEARS INCLUDE EXPANDING OUR OUTREACH INTO HIGH SCHOOL PROGRAMS. 1109761 1 1 0 0 0 0 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 11 0 1 30 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WA X BOB COOPER 4254388100 8415 PAINE FIELD BLVD MUKILTEO WA 98275 DANIEL RAHKONEN 4.00 X X 0 0 0 MARK FALLER 3.00 X X 0 0 0 JANE KILBURN 2.00 X X 0 0 0 TOM SANGER 2.00 X X 0 0 0 JOHN QUINLIVAN 2.00 X 0 0 0 LYNN NIXON 2.00 X 0 0 0 DAVE WAGGONER 2.00 X 0 0 0 JACK JONES 2.00 X 0 0 0 LOUISE STANTON-MASTEN 2.00 X 0 0 0 VISAKAN GANESON 2.00 X 0 0 0 SHAIZA DAMJI 2.00 X 0 0 0 MARK GULBRANSON 2.00 X 0 0 0 JERRILEE MOSIER 2.00 X 0 0 0 BILL STAFFORD 2.00 X 0 0 0 BARRY SMITH 40.00 X 132060 0 4800 BOB COOPER 24.00 X 54867 0 0 186927 0 4800 1 0 0 0 0 4678 50189 261948 75156 316815 COUNTY REIMBURSEMENT 900099 761309 761309 ADMISSIONS 900099 191740 191740 CONTRACT REVENUE 900099 50000 50000 1003049 535 535 253428 -253428 -253428 -253428 6367 4678 5118 1249 1249 1068220 1003049 0 -251644 186927 132735 20029 34163 715985 549712 41891 124382 6504 6504 78038 59571 4908 13559 855 855 13003 11703 1300 8015 8015 18038 13688 4350 22281 14444 4085 3752 3000 2700 300 39473 38235 1238 2343 1513 830 232970 232970 5816 2908 2908 EXHIBITS MAINTENANCE 37827 37827 INDIRECT SPECIAL EVENTS 3734 3734 10373 3740 4625 2008 1385182 1109761 80901 194520 73780 164020 20020 20163 10007 47189 250894 813155 450 2064953 830338 1681490 1234615 15303574 15364484 17340215 17643626 17914 29437 6350 615200 24264 644637 X 17216695 16891379 99256 107610 17315951 16998989 17340215 17643626 -316962 0 X 0 1 1 X 0 X 188946 1432101 184286 240510 310037 2355880 7500 7500 196446 1432101 184286 240510 310037 2363380 1845292 518088 10962 8648 4385 497 535 25027 2927 4293 7220 2395627 4731705 0.21630 0.58620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60910 15364484 X 0 2064953 830338 1234615 1234615 COLLECTIONS 15364484 15364484 1068220 1385182 -316962 0 -316962 1071384 6898 -3734 3164 1068220 0 1068220 1388346 6898 6898 1381448 3734 3734 1385182 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 2D - OTHER ADJUSTMENTS: INDIRECT SPECIAL EVENT EXPENSES -3,734. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT SPECIAL EVENT EXPENSES 3,734. X 1 60910 APPRAISAL X COCKPIT 2 6150 APPRAISAL X WIND TUNNEL 1 8000 APPRAISAL X OTHER ITEMS 4 96 COST/SELLING PRICE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER IN PART 1, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11 THE 2010 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 IN 2010 FOR 2011 COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART I, LINE 6 VOLUNTEERS STAFF THE VISITORS INFORMATION DESK WHERE THEY PROVIDE INFORMATION ON LOCAL RESTAURANTS, ACCOMODATIONS & 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.