2024-11-08T14:51:05-05:00 2023-12-31 141604297 RBT CPAS LLP 11 RACQUET RD NEWBURGH NY 12550 990 2023-01-01 222831174 RHINEBECK AERODROME MUSEUM RHIN 8457523200 PO BOX 229 RHINEBECK NY 12572 CLAYTON E HAMMOND TRUSTEE 8457989353 2024-11-08 true true VINCENT J BUONO CPA P02046722 8455679000 2024-11-08 2023 2024-10-15 13:58:12Z CLAYTON E HAMMOND PO BOX 229 RHINEBECK NY 12572 2099827 false X WWW.OLDRHINEBECK.ORG X 1992 NY MUSEUM TO EDUCATE THE PUBLIC ABOUT AVIATION FROM 1903-1939. 10 6 54 75 0 1722715 1520277 496952 376875 12472 17343 66585 110472 2298724 2024967 0 0 289921 343732 0 38206 512742 753409 802663 1097141 1496061 927826 6306498 6699895 781944 246059 5524554 6453836 MUSEUM TO USE COLLECTION OF ANTIQUE CARS, AIRCRAFT & MEMORIBILIA TO EDUCATE THE PUBLIC ABOUT AVIATION FROM 1903-1939 & TO PROVIDE AIRSHOWS AND BI-PLANE RIDES USING THE VINTAGE AIRCRAFT. false false 771925 376875 MUSEUM TO USE COLLECTION OF ANTIQUE CARS, AIRCRAFT & MEMORIBILIA TO EDUCATE THE PUBLIC ABOUT AVIATION FROM 1903-1939 & TO PROVIDE AIRSHOWS AND BI-PLANE RIDES USING THE VINTAGE AIRCRAFT. 771925 true true false false false false false true false true true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 8 0 true 54 true false false false false false false false false false false false false X 10 6 false false false false false false false true true false false true true true true true true false false false X SARAH CODDINGTON BOOKKEEPER 8457523200 PO BOX 229 RHINEBECK NY 12572 MICHAEL DIGIACOMIO PRESIDENT 4.00 X X 2100 0 0 DAVID TROST MD VICE PRESIDE 20.00 X X 200 0 0 WARREN BATSON TREASURER 5.00 X X 0 0 0 MICHAEL F FISHER SECRETARY 15.00 X X 0 0 0 KNICK STALEY TRUSTEE 3.00 X 0 0 0 HEATHER HOWLEY TRUSTEE 5.00 X 0 0 0 CLAYTON E HAMMOND TRUSTEE 25.00 X 2505 0 0 PAMELA LEIGNADIER TRUSTEE 5.00 X 0 0 0 ROBERT LIPPMAN TRUSTEE 5.00 X 0 0 0 BRIAN COUGHLIN TRUSTEE 7.00 X 75750 0 0 80555 false false false 38566 3915 1477796 10800 1520277 AIRSHOWS AND EVENTS 900099 239950 239950 BIPLANE RIDES 900099 136925 136925 376875 17343 17343 1782 1782 1782 1782 70601 3915 33498 37103 37103 104058 41362 62696 62696 OTHER OPERATING INCOME 8891 8891 8891 2024967 450244 54446 80555 62027 15306 3222 217301 167322 41287 8692 16286 12541 3094 651 29590 22784 5622 1184 10574 10574 41699 41699 263 263 65497 65497 24315 18722 4620 973 34100 3338 30589 173 11141 11141 138452 106608 26306 5538 4109 3164 781 164 66464 51177 12628 2659 84280 64896 16013 3371 COLLECTION EXPENSE 178551 178551 PROGRAM EXPENSES 34320 34320 FUEL 22641 22641 FUNDRAISING EXPENSE 11244 11244 25759 23834 1590 335 1097141 771925 287010 38206 151860 88877 2034003 915027 642 25594 28855 6256690 638077 4038297 5618613 12513 14013 43589 34510 6306498 6699895 772652 231420 9292 14639 781944 246059 X 4351904 5609106 1172650 844730 5524554 6453836 6306498 6699895 X 927826 1456 X false true X true false X 279507 777046 400092 222715 370277 2049637 279507 777046 400092 222715 370277 2049637 969403 1080234 472 245 1348 12472 17343 31880 8257 36103 44360 2125877 2433749 0.50810 0.52490 X SUPPLEMENTAL INFORMATION SCHEDULE A, PART II, SECTION A, LINE 1 "UNUSUAL GRANTS": DURING 2023 THE ORGANIZATION RECEIVED A CONTRIBUTION IN THE AMOUNT OF 1,150,000. THIS CONTRIBUTION WAS RESTRICTED TO THE ORGANIZATIONS MASTER PLAN AND CONSTRUCTION OF A NEW AIRPLANE HANGAR. THE CONTRIBUTION WAS DEEMED TO BE AN UNUSUAL GRANT AS THE SIZE OF THE CONTRIBUTION WOULD ENDANGER THE ORGANIZATIONS PUBLIC SUPPORT PERCENTAGE, THE GRANT WAS MADE FOR SPECIFIC CAPITAL IMPROVEMENTS AND NOT RELATED TO THE ORGANIZATION OPERATING EXPENDITURES, AND PRIOR TO THE CONTRIBUTION THE ORGANIZATION HAS CARRIED ON AN ACTUAL PROGRAM OF PUBLIC SOLICITATION AND EXEMPT ACTIVITIES AND HAS BEEN ABLE TO ATTRACT A SIGNIFICANT AMOUNT OF PUBLIC SUPPORT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 12513 1763 263 14013 14577 -1801 263 12513 12651 2098 172 14577 12072 1056 477 12651 10383 1999 250 12132 1.00000 true false 599635 599635 4361697 346232 4015465 597970 197728 400242 159386 79358 80028 538002 14759 523243 5618613 X 2026160 1456 1456 2024704 263 263 2024967 1096878 1096878 263 263 1097141 SCHEDULE D, PAGE 2, PART III, LINE 4 THE MUSEUM COLLECTION CONSISTS OF ANTIQUE AIRCRAFT, VEHICLES, ENGINES, AND MEMORABILIA RELATED TO THE PIONEER, WWI AND GOLDEN AGES OF AVIATION. THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION. COST OF COLLECTION ITEMS PURCHASED ARE SHOWN AS DECREASES IN NET ASSETS ON THE STATEMENT OF ACTIVITIES. PROCEEDS FROM SALES OF COLLECTION ITEMS AND INSURANCE RECOVERIES FROM LOST OR DESTROYED ITEMS ARE PRESENTED AS INCREASES IN NET ASSETS. THE MUSEUM MAINTAINS SUCH FUNDS, ALONG WITH DONOR DESIGNATED FUNDS FOR COLLECTIONS, IN A SEPARATE ACCOUNT MAINTAINED FOR THE ACQUISITION, RESTORATION, PROTECTION AND CARE OF COLLECTION ITEMS AS REQUIRED BY THE NYS BOARD OF REGENTS. COLLECTION EXPENSES WERE 178,551 AND 50,773 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. PROCEEDS FROM THE SALE OF COLLECTION ITEMS WERE 0 AND 8,000 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUND IS TO SUPPORT THE GENERAL CHARITABLE, CULTURAL, OR EDUCATIONAL PURPOSES OF THE ORGANIZATION. SCHEDULE D, PAGE 3, PART X THE MUSEUM FILES AN ANNUAL FORM 990 AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, NO FEDERAL OR NEW YORK STATE TAXES ARE PAID BY THE MUSEUM. THE MUSEUM HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170 (B)(1)(A)(VI). THE MUSEUM ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED THE MUSEUM'S TAX POSITIONS AND CONCLUDED THAT THE MUSEUM HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE MUSEUM IS NOT SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS PRIOR TO 2020. SCHEDULE D, PAGE 4, PART XI, LINE 4B INVESTMENT FEES 263 SCHEDULE D, PAGE 4, PART XII, LINE 4B INVESTMENT FEES 263 GALA EVENT 74516 3915 70601 6055 14552 4000 8891 74516 3915 70601 6055 14552 4000 8891 33498 37103 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PARTICIPATE IN VARIOUS TASKS, INCLUDING TOUR GUIDES, PARTY PLANNING, MOVING AIRCRAFT, FIXING AND DRIVING VEHICLES, RESTORATION WORK, ADVERTISING WORK, SOLICITATION WORK, MAINTENANCE, AND PARTICIPATION IN THE AIR SHOWS. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT REVIEWS FORM 990 BEFORE FILING THE FORM AND THE BOARD MEMBERS RECEIVE A COPY SUBSEQUENT TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C PRIOR TO INITIAL ELECTION, AND ANNUALLY THEREAFTER, EACH TRUSTEE SHALL BE REQUIRED TO COMPLETE, SIGN AND SUBMIT TO THE SECRETARY, OR AN AUTHORIZED DESIGNEE, AS APPROPRIATE, A WRITTEN STATEMENT IDENTIFYING, TO THE BEST OF THE TRUSTEE'S KNOWLEDGE, ANY ENTITY OF WHICH SUCH TRUSTEE IS AN OFFICER, TRUSTEE, DIRECTOR, OWNER OR EMPLOYEE AND WITH WHICH THE CORPORATION HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE CORPORATION IS A PARTICIPANT AND IN WHICH THE TRUSTEE MIGHT HAVE A REAL OR POTENTIAL INTEREST. IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE, A TRUSTEE, OFFICER OR KEY PERSON ACQUIRES AN INTEREST, OR CIRCUMSTANCES OTHERWISE ARISE, WHICH COULD GIVE RISE TO A REAL OR POTENTIAL CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION, OR ANY OTHER INTERESTED MATTER, HE OR SHE SHALL PROMPTLY DISCLOSE, IN GOOD FAITH, TO THE BOARD OF TRUSTEES, OR AN AUTHORIZED COMMITTEE THEREOF, AS APPROPRIATE, THE MATERIAL FACTS CONCERNING SUCH INTEREST. UNLESS THE BOARD OF TRUSTEES ELECTS TO DIRECTLY ASSUME SUCH RESPONSIBILITY, THE AUDIT & FINANCE COMMITTEE, OR ANOTHER DESIGNATED COMMITTEE OF THE BOARD, SHALL THOROUGHLY REVIEW ANY REAL, OR POTENTIAL, CONFLICT OF INTEREST OR RELATED PARTY TRANSACTION, OR ANY OTHER INTERESTED MATTER AND SUBMIT TO THE BOARD A RECOMMENDATION AS WHETHER OR NOT IT SHOULD BE APPROVED. FOR PURPOSES OF THIS POLICY, AMONGST THE CONSIDERATIONS OF THE BOARD OF TRUSTEES, THE AUDIT & FINANCE COMMITTEE, OR ANOTHER AUTHORIZED COMMITTEE OF THE BOARD, AS APPROPRIATE, RELATIVE TO ASSESSMENT OF ANY REAL OR POTENTIAL CONFLICT OF INTEREST AND/OR RELATED PARTY TRANSACTION, SHALL BE THE DETERMINATION AS TO WHETHER ANY FINANCIAL INTEREST, AMOUNTS TO A CONFLICT OF INTEREST AND/OR A RELATED PARTY TRANSACTION. SHOULD ANY SUCH FINANCIAL INTEREST BE CONSIDERED A CONFLICT OF INTEREST AND/OR A RELATED PARTY TRANSACTION, THE TERMS OF THIS "CONFLICT OF INTEREST AND/OR RELATED PARTY TRANSACTION POLICY" SHALL APPLY WITH REGARD TO PROPER CONSIDERATION OF THE MATTER. SHOULD THE FINANCIAL INTEREST NOT AMOUNT TO A CONFLICT OF INTEREST AND/OR RELATED PARTY TRANSACTION, THE TRANSACTION SHALL BE CONSIDERED AN ORDINARY BUSINESS MATTER UNWORTHY OF ADDITIONAL NON-CUSTOMARY REVIEW AND/OR DOCUMENTATION. FORM 990, PAGE 6, PART VI, LINE 19 RHINEBECK AERODROME MUSEUM MAKES ITS INFORMATION AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 INVESTMENT FEES -263 INVESTMENT FEES 263