Nonprofit · EIN 91-2122256
PORT TOWNSEND AERO MUSEUM
Tax-exempt · PORT TOWNSEND, WA 98368
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $932,468 | $701,422 | $231,046 | $9,133,007 | $15,120 | $9,117,887 |
| December 31, 2023 | 990 | $1,442,781 | $622,335 | $820,446 | $8,857,844 | $20,659 | $8,837,185 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $549,061
- Membership dues
- $17,657
- Program service revenue
- $50,996
- Investment income
- $36,738
- Net income from fundraising events
- $36,126
- Net income from sales of inventory
- $259,547
- Other revenue
- $295,673
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $199,234
- Other salaries and wages
- $185,055
- Salaries, compensation and benefits (total)
- $416,629
- Professional fundraising fees
- $0
- Accounting fees
- $1,600
- Occupancy
- $36,004
- Travel
- $617
- Depreciation
- $115,307
- Program services (functional)
- $643,383
- Management and general (functional)
- $58,039
Balance sheet and other
- Total assets, start of year
- $8,857,844
- Total assets, end of year
- $9,133,007
- Total liabilities, end of year
- $15,120
- Net assets, end of year
- $9,117,887
- Land, buildings and equipment
- $7,481,008
- Publicly traded securities
- $1,189,758
- Net assets without donor restrictions
- $9,117,887
- Gross receipts
- $1,010,393
- Employees
- 6
- Volunteers
- 45
- Year formed
- 2001
- State of legal domicile
- WA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL PAYNE | SECRETARY/TREAS Trustee or director, Officer | 45 | $199,234 |
| WILLIAM SLEEPER | President Trustee or director, Officer | 1 | $0 |
| TERRY O'BRIEN | Vice President Trustee or director, Officer | 1 | $0 |
| DAVID WILKINSON | Director Trustee or director | 1 | $0 |
| JACK BECKER | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL PAYNE | SECRETARY/TREAS Trustee or director, Officer | 45 | $190,159 |
| WILLIAM SLEEPER | President Trustee or director, Officer | 1 | $0 |
| TERRY O'BRIEN | Vice President Trustee or director, Officer | 1 | $0 |
| DAVID WILKINSON | Director Trustee or director | 1 | $0 |
| JACK BECKER | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 105 AIRPORT RD, PORT TOWNSEND, WA 98368-9716
- In care of
- % GERALD F THUOTTE
- Principal officer (990 for 2024)
- MICHAEL PAYNE, 105 AIRPORT RD, PORT TOWNSEND, WA 983689297
- Signed the 990
- MICHAEL PAYNE, SECRETARY/TREASURER
- Phone
- (360) 670-9297
- Return prepared by
- Gooding Ohara & Mackey P S
Mission
ANTIQUE AIRCRAFT AND ARTIFACT MUSEUM
Program accomplishments
- AT THE PORT TOWNSEND AERO MUSEUM, THE DISPLAY OF VINTAGE AIRCRAFT, ARTIFACTS, AND AVIATION ART ARE SECONDARY TO OUR EDUCATIONAL PROGRAMS, WHICH ARE CENTERED AROUND OUR YOUTH VOLUNTEERS. OVER 450 YOUNG PEOPLE HAVE GAINED JOB SKILLS AND PRACTICAL EDUCATION DURING THE LAST TWENTY-THREE YEARS. WE CONTINUE TO OFFER THESE OPPORTUNITIES AT NO COST TO THESE TEENAGERS, WHO RESPOND WITH ENHANCED SELF-DISCIPLINE AND RESPECT, AND WHO SHOW GREATER RESPONSIBILITY FOR THEMSELVES. CENTRAL TO OUR PROGRAM IS THE RESTORATION OF VINTAGE AIRCRAFT, OF WHICH SOME ARE MUSEUM OWNED AND OTHERS ARE OWNED BY THE GENERAL PUBLIC. THIS GIVES US MUCH NEEDED INCOME FOR OUR EFFORTS, WHILE THIS WORK ALSO PROVIDES PRACTICAL EXPERIENCE FOR THE STUDENTS.Expenses $643,383
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 91-2122256
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A54)
- Assets (IRS master file)
- $9,133,007
- Income (IRS master file)
- $1,010,393
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $932,468 | $701,422 | $9,133,007 | XML |
| 990 | December 2023 | $1,442,781 | $622,335 | $8,857,844 | XML |
| 990 | December 2022 | $816,897 | $576,703 | $8,009,835 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 91-2122256).
Questions about PORT TOWNSEND AERO MUSEUM
- What is the EIN of PORT TOWNSEND AERO MUSEUM?
- The employer identification number (EIN) of PORT TOWNSEND AERO MUSEUM is 91-2122256.
- Is PORT TOWNSEND AERO MUSEUM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to PORT TOWNSEND AERO MUSEUM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PORT TOWNSEND AERO MUSEUM 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 PORT TOWNSEND AERO MUSEUM 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 PORT TOWNSEND AERO MUSEUM 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 PORT TOWNSEND AERO MUSEUM?
- The 990 for the year ended December 31, 2024 names MICHAEL PAYNE.
- Who are the officers and directors of PORT TOWNSEND AERO MUSEUM?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $199,234 (MICHAEL PAYNE, SECRETARY/TREAS).
- How much revenue does PORT TOWNSEND AERO MUSEUM have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $932,468, expenses of $701,422 and total assets of $9,133,007 at year end.
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