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Nonprofit · EIN 62-1048065

SWIFT MUSEUM FOUNDATION INC

Tax-exempt · ATHENS, TN 37303

Financials

$240K$136K2023$495K$140K2024
Revenue Expenses · by fiscal year end
Financials of SWIFT MUSEUM FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$495,234$139,919$355,315$2,210,270$1,349$2,208,921
December 31, 2023990$240,435$136,080$104,355$1,856,912$1,866$1,855,046
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$370,394
of which government grants
$260,180
Membership dues
$35,935
Program service revenue
$0
Investment income
$51,669
Net income from sales of inventory
$69,248
Other revenue
$73,171

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$33,600
Other salaries and wages
$29,880
Salaries, compensation and benefits (total)
$68,436
Professional fundraising fees
$0
Accounting fees
$3,000
Occupancy
$5,969
Travel
$87
Depreciation
$18,703
Program services (functional)
$26,271
Management and general (functional)
$113,648

Balance sheet and other

Total assets, start of year
$1,856,912
Total assets, end of year
$2,210,270
Total liabilities, end of year
$1,349
Net assets, end of year
$2,208,921
Land, buildings and equipment
$830,146
Net assets without donor restrictions
$2,208,921
Gross receipts
$555,528
Employees
2
Year formed
1980
State of legal domicile
TN

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
Scott AndersonExec Director
Officer
40$33,600
Mark HollidayDirector
Trustee or director
0$0
Sam SwiftDirector
Trustee or director
0$0
Roger WeberDirector
Trustee or director
0$0
Jim RobertsDirector
Trustee or director
0$0
Steve WilsonDirector
Trustee or director
0$0
Paul BarnettChairman
Officer
0$0
Paul MercandettiVice Chairman
Officer
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Scott AndersonExec Director
Officer
40$35,050
Roger WeberDirector
Trustee or director
0$0
Jim RobertsDirector
Trustee or director
0$0
Steve WilsonDirector
Trustee or director
0$0
Sam SwiftDirector
Trustee or director
0$0
Mark HollidayDirector
Trustee or director
0$0
Paul BarnettChairman
Officer
0$0
Paul MercandettiVice Chairman
Officer
0$0

Address and contacts

Address (IRS master file)
223 COUNTY ROAD 552, ATHENS, TN 37303-6416
In care of
% SCOTT ANDERSON
Principal officer (990 for 2024)
Scott Anderson, 223 County Road 552, Athens, TN 37303
Signed the 990
SCOTT ANDERSON, Exec Director
Phone
(423) 745-9547
Return prepared by
Dowis and Boyd CPAS PC

Mission

Education and Improvement of Aviation and Aeronautics

990 for the year ended December 31, 2024

Program accomplishments

  • Education and Improvement of Aviation and Aeronautics
    Expenses $26,271 · revenue $495,234

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
62-1048065
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,210,270
Income (IRS master file)
$555,528

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$495,234$139,919$2,210,270XML
990December 2023$240,435$136,080$1,856,912XML
990December 2022$211,201$147,902$1,741,525IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 62-1048065).

Questions about SWIFT MUSEUM FOUNDATION INC

What is the EIN of SWIFT MUSEUM FOUNDATION INC?
The employer identification number (EIN) of SWIFT MUSEUM FOUNDATION INC is 62-1048065.
Is SWIFT MUSEUM FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to SWIFT MUSEUM FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SWIFT MUSEUM FOUNDATION 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 SWIFT MUSEUM FOUNDATION 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 SWIFT MUSEUM FOUNDATION 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 SWIFT MUSEUM FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Scott Anderson.
Who are the officers and directors of SWIFT MUSEUM FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $33,600 (Scott Anderson, Exec Director).
How much revenue does SWIFT MUSEUM FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $495,234, expenses of $139,919 and total assets of $2,210,270 at year end.

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