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Nonprofit · EIN 87-4356146

MILITARY AVIATION MUSEUM FOUNDATION

Tax-exempt · VIRGINIA BCH, VA 23457

Financials

$13.2M$02023$101M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of MILITARY AVIATION MUSEUM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$100,970,856$1,316,790$99,654,066$113,179,257$0$113,179,257
December 31, 2023990$13,223,950$0$13,223,950$13,223,950$0$13,223,950
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,009,000
Program service revenue
$0
Investment income
$961,856
Net gain from sales of assets
$12,829
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,012,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$260,397
Program services (functional)
$1,272,897
Management and general (functional)
$43,893

Balance sheet and other

Total assets, start of year
$13,223,950
Total assets, end of year
$113,179,257
Total liabilities, end of year
$0
Net assets, end of year
$113,179,257
Land, buildings and equipment
$12,866,603
Publicly traded securities
$30,046,481
Net assets without donor restrictions
$113,179,257
Gross receipts
$103,261,446
Employees
0
Volunteers
4
Year formed
2021
State of legal domicile
VA

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
EDWARD GEORGEPRESIDENT
Trustee or director, Officer
0.25$0
HENRY SANDY HARRISSECRETARY
Trustee or director, Officer
1$0
BRUCE HOLBROOKTREASURER
Trustee or director, Officer
2$0
JOHN PETERSONDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
EDWARD GEORGEPRESIDENT
Trustee or director, Officer
0.5$0
SANDY HARRISSECRETARY
Trustee or director, Officer
0.5$0
BRUCE HOLBROOKTREASURER
Trustee or director, Officer
0.5$0
JOHN PETERSONDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1341 PRINCESS ANNE RD, VIRGINIA BCH, VA 23457-1542
Principal officer (990 for 2024)
DR EDWARD GEORGE, 1341 PRINCESS ANNE ROAD, VIRGINIA BEACH, VA 23457
Signed the 990
BRUCE HOLBROOK, TREASURER
Phone
(757) 490-3157
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

THE FOUNDATION SUPPORTS THE MILITARY AVIATION MUSEUM.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION PROVIDES SUPPORT TO THE MILITARY AVIATION MUSEUM, ACCEPTS DONATIONS ON BEHALF OF THE MUSEUM, AND MANAGES ASSETS THAT ARE USED IN MUSEUM PROGRAMS.
    Expenses $1,272,897 · grants $1,012,500

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
87-4356146
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$113,179,257
Income (IRS master file)
$103,261,446

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$100,970,856$1,316,790$113,179,257XML
990December 2023$13,223,950$0$13,223,950XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 87-4356146).

Questions about MILITARY AVIATION MUSEUM FOUNDATION

What is the EIN of MILITARY AVIATION MUSEUM FOUNDATION?
The employer identification number (EIN) of MILITARY AVIATION MUSEUM FOUNDATION is 87-4356146.
Is MILITARY AVIATION MUSEUM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MILITARY AVIATION MUSEUM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does MILITARY AVIATION MUSEUM FOUNDATION 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 MILITARY AVIATION MUSEUM FOUNDATION 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 MILITARY AVIATION MUSEUM FOUNDATION 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 MILITARY AVIATION MUSEUM FOUNDATION?
The 990 for the year ended December 31, 2024 names DR EDWARD GEORGE.
Who are the officers and directors of MILITARY AVIATION MUSEUM FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does MILITARY AVIATION MUSEUM FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $100,970,856, expenses of $1,316,790 and total assets of $113,179,257 at year end.

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