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Nonprofit · EIN 76-0612294

HOUSTON AERONAUTICAL HERITAGE SOCIETY INC

Tax-exempt · HOUSTON, TX 77061

Financials

$357K$355K2023$325K$315K2024
Revenue Expenses · by fiscal year end
Financials of HOUSTON AERONAUTICAL HERITAGE SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$324,772$315,085$9,687$110,412$44,593$65,819
December 31, 2023990$357,166$355,322$1,844$110,793$66,426$44,367
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$38,559
Membership dues
$2,145
Program service revenue
$46,362
Investment income
$0
Net income from fundraising events
$16,698
Net income from sales of inventory
$16,800
Other revenue
$239,851

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$18,438
Salaries, compensation and benefits (total)
$24,069
Professional fundraising fees
$0
Accounting fees
$6,802
Occupancy
$188,485
Depreciation
$1,825
Program services (functional)
$308,283
Management and general (functional)
$6,802

Balance sheet and other

Total assets, start of year
$110,793
Total assets, end of year
$110,412
Total liabilities, end of year
$44,593
Net assets, end of year
$65,819
Land, buildings and equipment
$56,324
Net assets without donor restrictions
$35,207
Net assets with donor restrictions
$30,612
Gross receipts
$342,503
Employees
1
Volunteers
27
Year formed
1998
State of legal domicile
TX

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
GEORGE HAINESDIRECTOR
Trustee or director
20$18,438
KAREN NICOLAOUPRESIDENT AND DIRECTOR
Trustee or director, Officer
2$0
BERNARD MORRISDIRECTOR
Trustee or director
5$0
BLAIR MCFARLAINSECRETARY AND DIRECTOR
Trustee or director, Officer
3$0
MAJORIE EVANSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MARGARET BROWNFORMER EXECUTIVE DIRECTOR
Former
40$49,154
GEORGE HAINESDIRECTOR
Trustee or director
20$18,135
KAREN NICOLAOUPRESIDENT
Trustee or director, Officer
2$0
BERNARD MORRISDIRECTOR
Trustee or director
5$0
MARIE WILKINSONSECRETARY
Trustee or director, Officer
2$0
BLAIR MCFARLAINDIRECTOR
Trustee or director
3$0
MAJORIE EVANSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
8325 TRAVELAIR ST, HOUSTON, TX 77061-4716
In care of
% GEORGE A COATS
Principal officer (990 for 2024)
KAREN NICOLAOU, 8325 TRAVELAIR STREET, HOUSTON, TX 77061
Signed the 990
KAREN NICOLAOU, PRESIDENT
Phone
(713) 454-1940
Return prepared by
DARK HORSE CPAS

Mission

THE MISSION OF THE 1940 AIR TERMINAL MUSEUM IS TO DEMONSTRATE THE IMPACT OF AVIATION ON HOUSTON'S HISTORY AND ECONOMIC DEVELOPMENT THROUGH THE PRISM OF ARCHITECTURAL BEAUTY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE 1940 AIR TERMINAL IS DEMONSTRATING THE IMPACT OF AVIATION ON HOUSTON'S HISTORY AND ECONOMIC DEVELOPMENT THROUGH THE PRISM OF ARCHITECTURAL BEAUTY AND STRIVES TO BE A SPACE WHERE ALL CAN ENJOY A MULTITUDE OF INTERESTS SUCH AS AVIATION, ART, ARCHITECTURE, HISTORY AND CULTURE. OPERATING THE 1940 AIR TERMINAL MUSEUM LOCATED ON THE WEST RAMP OF THE WILLIAM P. HOBBY AIRPORT. THE MUSEUM COMPRISES SEVERAL GALLERIES CONTAINING AVIATION MEMORABILIA AND THE 1928 CARTER AIRMAIL HANGAR.
  • THE HOUSTON AERONAUTICAL HERITAGE SOCIETY IS RESPONSIBLE FOR THE OPERATION AND MAINTENANCE OF THE 1940 AIR TERMINAL MUSEUM AND ACHIEVES THIS THROUGH A DEDICATED ALL VOLUNTEER BOARD OF DIRECTORS ALONG WITH 2 STAFF MEMBERS AND AN INCREDIBLE TEAM OF MUSEUM VOLUNTEERS ENSURING ALL GUESTS HAVE A WONDERFUL EXPERIENCE.
    Expenses $308,283 · revenue $223,332
  • THE 1940 AIR TERMINAL MUSEUM AT HOBBY AIRPORT CELEBRATES THE ART DECO AIR TERMINAL TURNING 80 YEARS OLD ON SEPTEMBER 28, 2020. OPENED ON SEPTEMBER 28, 1940, THE AIR TERMINAL, DESIGNED BY ARCHITECT JOSEPH FINGER, SERVED AS THE ADMINISTRATION BUILDING FOR THE AIRPORT AND SUPPORTED AIRLINE OPERATIONS AND AIR TRAFFIC CONTROL FUNCTIONS. THE FIRST AIRLINE TENANTS WERE EASTERN AIRLINES AND BRANIFF AIRWAYS. IN A FEW SHORT YEARS AIR TRAVEL GREW EXPONENTIALLY, AND THE TERMINAL CEASED AIRLINE OPERATIONS IN 1956. THE BUILDING WAS COMPLETELY ABANDONED BY 1978 AND WAS LEFT VACANT UNTIL ITS RESURGENCE AS THE 1940 AIR TERMINAL MUSEUM IN 2004.

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
76-0612294
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$110,412
Income (IRS master file)
$342,503

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$324,772$315,085$110,412XML
990December 2023$357,166$355,322$110,793XML
990December 2022$207,117$321,487$93,809IRS
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 76-0612294).

Questions about HOUSTON AERONAUTICAL HERITAGE SOCIETY INC

What is the EIN of HOUSTON AERONAUTICAL HERITAGE SOCIETY INC?
The employer identification number (EIN) of HOUSTON AERONAUTICAL HERITAGE SOCIETY INC is 76-0612294.
Is HOUSTON AERONAUTICAL HERITAGE SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to HOUSTON AERONAUTICAL HERITAGE SOCIETY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSTON AERONAUTICAL HERITAGE SOCIETY 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 HOUSTON AERONAUTICAL HERITAGE SOCIETY 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 HOUSTON AERONAUTICAL HERITAGE SOCIETY 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 HOUSTON AERONAUTICAL HERITAGE SOCIETY INC?
The 990 for the year ended December 31, 2024 names KAREN NICOLAOU.
Who are the officers and directors of HOUSTON AERONAUTICAL HERITAGE SOCIETY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $18,438 (GEORGE HAINES, DIRECTOR).
How much revenue does HOUSTON AERONAUTICAL HERITAGE SOCIETY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $324,772, expenses of $315,085 and total assets of $110,412 at year end.

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