2025-12-05T06:47:20-06:00 2025-02-28 991856619 GRANT THORNTON ADVISORS LLC 2501 E ENTERPRISE AVE SUITE 300 APPLETON WI 54913 990 2024-03-01 237067946 INTERNATIONAL AEROBATIC CLUB INC INTE 9204264800 3000 POBEREZNY ROAD OSHKOSH WI 54902 JAMES BOURKE PRESIDENT 9204264800 2025-12-05 1 1 KELCEY LEITL P01584977 9209686700 2025-12-03 2024 2025-03-06 01:10:19Z JAMES BOURKE 3000 POBEREZNY ROAD OSHKOSH WI 54902 440809 0 X WWW.IAC.ORG X 1970 WI THE CORE PURPOSE OF THE IAC IS TO PROMOTE AND ENHANCE THE SAFETY AND ENJOYMENT OF SPORT AEROBATICS. 14 14 2 112 18844 0 65169 79350 270180 283453 14390 19090 23713 20173 373452 402066 0 0 0 0 145141 139326 0 0 0 287981 296370 433122 435696 -59670 -33630 542783 516925 242513 250285 300270 266640 X TO ENCOURAGE, AID AND ENGAGE IN RESEARCH, INCLUDING THAT OF A SCIENTIFIC NATURE, AND IN EDUCATION FOR THE IMPROVEMENT OF AVIATION SAFETY THROUGH A BETTER UNDERSTANDING OF THE ART OF AEROBATICS AND TO PROMOTE AND ENCOURAGE AEROBATICS EDUCATION AND (SEE SCHEDULE O) COMPETITION ON A NATIONAL AND INTERNATIONAL LEVEL. 0 0 162036 0 288453 MEMBERSHIP SERVICES - COSTS ASSOCIATED WITH THE FOLLOWING:CONTESTS WHERE THOSE INTERESTED CAN COMPETE IN AEROBATIC EVENTS OBSERVED BY THE GENERAL PUBLIC, PROMOTION OF MEMBERSHIP IN THE ORGANIZATION AND DISTRIBUTION OF VARIOUS AWARDS AND TROPHIES. 166909 0 0 PUBLICATION - SPORT AEROBATICS, A MONTHLY MAGAZINE IS ISSUED TO MEMBERS WITH INFORMATION ON THE ART OF AEROBATIC AVIATION. 328945 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 0 0 2 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 WI X TIM DAHNKE 9204264800 3000 POBEREZNY ROAD OSHKOSH WI 54902 X JAMES BOURKE PRESIDENT 10.00 0.00 X X 0 0 0 ROB HOLLAND VICE PRESIDENT 10.00 0.00 X X 0 0 0 JORDAN ASHLEY TREASURER 10.00 0.00 X X 0 0 0 SARA ARNOLD SECRETARY 10.00 0.00 X X 0 0 0 ROBERT ARMSTRONG DIRECTOR 10.00 0.00 X 0 0 0 DOUG BARTLETT DIRECTOR - THRU 01/25 10.00 0.00 X 0 0 0 MARTY FLOURNOY DIRECTOR 10.00 0.00 X 0 0 0 MIKE GALLAWAY DIRECTOR 10.00 0.00 X 0 0 0 MICHAEL GOULIAN DIRECTOR 10.00 0.00 X 0 0 0 PHILLIP GRAGG DIRECTOR 10.00 0.00 X 0 0 0 BOB HART DIRECTOR 10.00 0.00 X 0 0 0 DOUG JENKINS DIRECTOR - THRU 07/24 10.00 0.00 X 0 0 0 JOHN OSTMEYER DIRECTOR 10.00 0.00 X 0 0 0 NATHAN RUEDY DIRECTOR 10.00 0.00 X 0 0 0 AMY SPOWART DIRECTOR 10.00 0.00 X 0 0 0 SHAD COULSON DIRECTOR - AS OF 07/24 10.00 0.00 X 0 0 0 TIM DAHNKE EXECUTIVE DIRECTOR - AS OF 03/24 40.00 0.00 X 55388 0 3731 55388 0 3731 0 0 0 0 0 10960 68390 7825 79350 MEMBERSHIP DUES 900099 211053 211053 REGISTRATION FEES 900099 38150 38150 CONTEST SANCTION FEES 900099 33450 33450 BANQUET INCOME 900099 800 800 283453 19090 19090 238 238 5000 17815 -12815 -12815 -12815 7040 10960 7825 -785 -785 27794 13103 14691 14691 ADV. SPORT AEROBATICS 541800 18844 18844 18844 402066 270638 18844 33234 X 77651 31330 46321 47878 47878 5379 3998 1381 8418 5538 2880 8424 8424 113835 83870 29965 19874 19381 493 3150 3150 1977 1186 791 21220 16553 4667 3648 3648 17333 10164 7169 PUBLICATION PRINTING 47320 47320 AWARDS 19944 19944 PUBLICATION POSTAGE 13417 13417 VOLUNTEER RELATIONS 10712 9202 1510 15516 15516 435696 328945 106751 0 405033 424124 65765 23078 18033 15037 19073 23455 126512 95281 34879 31231 0 0 0 0 0 0 542783 516925 7634 13269 234879 237016 0 0 242513 250285 X 265451 220433 34819 46207 300270 266640 542783 516925 -33630 0 X 0 0 0 X 46977 43295 59464 65169 79350 294255 178834 257536 246307 273680 288453 1244810 13253 29614 27477 36938 34834 142116 239064 330445 333248 375787 402637 1681181 3100 6610 5200 9202 10495 34607 0 3100 6610 5200 9202 10495 34607 1646574 8537 7085 12208 18656 19328 65814 8537 7085 12208 18656 19328 65814 675 66 741 248276 337596 345456 394443 421965 1747736 0.94210 0.93920 0.03770 0.03790 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 479. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. PURCHASE DISCOUNTS - 2020 AMOUNT: $ 196. 2021 AMOUNT: $ 66. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 112526 81295 31231 13986 13986 0 0 31231 FORM 990, PART V, LINE 2A: NUMBER OF EMPLOYEES ON FORM W-3 THE NUMBER OF EMPLOYEES ON FORM W-3 IS THE TOTAL EMPLOYEE COUNT FOR THE FILING ORGANIZATION. WHILE EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. IS THE COMMON PAYMASTER FOR INTERNATIONAL AEROBATIC CLUB, INC., THE NUMBER OF EMPLOYEES ONLY INCLUDES THE EMPLOYEE COUNT FOR INTERNATIONAL AEROBATIC CLUB, INC. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION'S MEMBERS INTERNATIONAL AEROBATIC CLUB, INC. ("IAC") IS A GROUP OF MEMBERS WHO SUPPORT SAFETY AND PROMOTE UNDERSTANDING OF AEROBATICS THROUGH EDUCATION AND COMPETITION ON A NATIONAL AND INTERNATIONAL LEVEL. FORM 990, PART VI, SECTION A, LINE 7A MEMBER RIGHTS INTERNATIONAL AEROBATIC CLUB, INC. MEMBERS MAY VOTE DIRECTLY TO ELECT THE MAJORITY OF BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL RIGHTS ANY SUBSTANTIAL DISTRIBUTION OF ASSETS, CHANGE OF PURPOSE OR ALTERATION TO GOVERNING DOCUMENTS MUST BE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 10B: STATEMENT CONCERNING LOCAL CHAPTER, AFFILIATE, OR BRANCH ACTIVITIES INTERNATIONAL AEROBATIC CLUB, INC. HAS DESIGNATED "CHAPTERS" BUT SUCH CHAPTERS DO NOT MEET THE DEFINITION OF "CHAPTERS" WITHIN THE MEANING PROVIDED BY FORM 990 INSTRUCTIONS. INTERNATIONAL AEROBATIC CLUB, INC. DOES NOT HAVE LEGAL AUTHORITY TO EXERCISE SUPERVISION AND CONTROL OVER THE AFFAIRS OF THE AFFILIATED CHAPTERS. ACCORDINGLY, THE ORGANIZATION HAS ANSWERED FORM 990, PART VI, LINE 10A "NO". FORM 990, PART VI, SECTION B, LINE 11B PROCESS THE ORGANIZATION USES TO REVIEW FORM 990 THE FILING ORGANIZATION UTILIZES AN INDEPENDENT ACCOUNTING FIRM TO COMPLETE THE FORM 990 AND RELATED SCHEDULES. A DRAFT COPY OF THE FORM 990 WAS SENT ELECTRONICALLY TO THE INTERNATIONAL AEROBATIC CLUB, INC. BOARD FOR THEIR REVIEW. A FINAL COPY OF THE FORM 990 WAS DISTRIBUTED TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION'S POLICY REGARDING CONFLICT OF INTEREST POLICY ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ANY DISCLOSURES NOTED ARE REVIEWED BY THE EXECUTIVE DIRECTOR TO DETERMINE IF THE SUBJECT MATTER OF DISCLOSURE IS DEEMED TO BE A CONFLICT OF INTEREST. IF SO, THE MATTER IS REFERRED TO THE PRESIDENT AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION'S POLICY REGARDING MAKING CERTAIN DOCUMENTS PUBLIC INTERNATIONAL AEROBATIC CLUB, INC. MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: COMPENSATION OF EXECUTIVE DIRECTOR EXPERIMENTAL AIRCRAFT ASSOCIATION, INC. IN ITS CAPACITY AS COMMON PAYMASTER COMPENSATED TIM DAHNKE FOR SERVICES RENDERED TO INTERNATIONAL AEROBATIC CLUB, INC. AS EXECUTIVE DIRECTOR. FORM 990, PART IX, LINE 11G PUBLICATION EDITORIAL: PROGRAM SERVICE EXPENSES 33,881. TOTAL EXPENSES 33,881. PHOTO/VIDEO SERVICES: PROGRAM SERVICE EXPENSES 12,616. TOTAL EXPENSES 12,616. ADMINISTRATIVE FEE: PROGRAM SERVICE EXPENSES 10,584. MANAGEMENT AND GENERAL EXPENSES 29,965. TOTAL EXPENSES 40,549. OTHERS: PROGRAM SERVICE EXPENSES 26,789. TOTAL EXPENSES 26,789.