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Nonprofit · EIN 42-6089512

AIR POWER MUSEUM INC

Tax-exempt · OTTUMWA, IA 52501

Financials

$98K$95K2023$160K$103K2024
Revenue Expenses · by fiscal year end
Financials of AIR POWER MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$159,608$103,012$56,596$2,849,915$0$2,849,915
December 31, 2023990$97,651$94,982$2,669$2,793,318$0$2,793,318
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$96,779
Program service revenue
$0
Investment income
$62
Net income from fundraising events
$40,951
Net income from sales of inventory
$21,062
Other revenue
$62,767

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,860
Occupancy
$8,373
Travel
$14,679
Depreciation
$12,233
Program services (functional)
$101,152
Management and general (functional)
$1,860

Balance sheet and other

Total assets, start of year
$2,793,318
Total assets, end of year
$2,849,915
Total liabilities, end of year
$0
Net assets, end of year
$2,849,915
Land, buildings and equipment
$2,644,565
Publicly traded securities
$44,249
Gross receipts
$161,463
Employees
0
Year formed
1964
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHUCK BARTHDIRECTOR
Trustee or director
–$0
DAVE JACKSONDIRECTOR
Trustee or director
–$0
JOHN ROSSDIRECTOR
Trustee or director
–$0
PAT SCHMITZDIRECTOR
Trustee or director
–$0
BOB SWINTDIRECTOR
Trustee or director
–$0
JOSH TRAILDIRECTOR
Trustee or director
–$0
STEVE ADKISSONPRESIDENT
Officer
–$0
CINDY DEWILDTREASURER
Officer
–$0
AARON KLUGHERZSECRETARY
Officer
–$0
DAN QUINNVICE PRESIDE
Officer
–$0
BRENT TAYLORCHAIRMAN
Officer
–$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
CHUCK BARTHDIRECTOR
Trustee or director
–$0
DAVE JACKSONDIRECTOR
Trustee or director
–$0
JOHN ROSSDIRECTOR
Trustee or director
–$0
PAT SCHMITZDIRECTOR
Trustee or director
–$0
BOB SWINTDIRECTOR
Trustee or director
–$0
JOSH TRAILDIRECTOR
Trustee or director
–$0
STEVE ADKISSONPRESIDENT
Officer
–$0
CINDY DEWILDTREASURER
Officer
–$0
AARON KLUGHERZSECRETARY
Officer
–$0
DAN QUINNVICE PRESIDE
Officer
–$0
BRENT TAYLORCHAIRMAN
Officer
–$0

Address and contacts

Address (IRS master file)
22001 BLUEGRASS RD, OTTUMWA, IA 52501-8569
In care of
% ROBERT TAYLOR RR2
Principal officer (990 for 2024)
BRENT TAYLOR, 22001 BLUEGRASS ROAD, OTTUMWA, IA 52501
Signed the 990
BRENT TAYLOR, CHAIRMAN
Phone
(641) 938-2773
Return prepared by
ANDERSON LARKIN & CO PC

Mission

TO PRESERVE AVIATION HERITAGE AS WELL AS EDUCATE BOTH PRESENT AND FUTURE GENERATIONS ABOUT THAT HERITAGE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PRESERVE AVIATION HERITAGE AS WELL AS EDUCATE BOTH PRESENT AND FUTURE GENERATIONS ABOUT THAT HERITAGE.
    Expenses $97,022
  • TO PRESERVE AVIATION HERITAGE AS WELL AS EDUCATE BOTH PRESENT AND FUTURE GENERATIONS ABOUT THAT HERITAGE.
    Expenses $4,130

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-6089512
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,849,915
Income (IRS master file)
$161,463

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$159,608$103,012$2,849,915IRS
990December 2023$97,651$94,982$2,793,318XML
990December 2022$102,979$74,498$2,790,650IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-6089512).

Questions about AIR POWER MUSEUM INC

What is the EIN of AIR POWER MUSEUM INC?
The employer identification number (EIN) of AIR POWER MUSEUM INC is 42-6089512.
Is AIR POWER MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to AIR POWER MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AIR POWER MUSEUM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AIR POWER MUSEUM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AIR POWER MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AIR POWER MUSEUM INC?
The 990 for the year ended December 31, 2024 names BRENT TAYLOR.
Who are the officers and directors of AIR POWER MUSEUM INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does AIR POWER MUSEUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $159,608, expenses of $103,012 and total assets of $2,849,915 at year end.

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