Great Lakes Aerospace Science And Education Center Inc is located in Sheboygan, WI. The organization was established in 2007. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Aerospace Science And Education Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Great Lakes Aerospace Science And Education Center Inc generated $89.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $53.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FUNDS ARE USED TO PROVIDE THE AREA WITH A RESOURCE FOR SPACE TRAVEL AND EXPLORATION, AS WELL AS ROCKETRY AND SCIENCE ENTERTAINMENT AND EDUCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Testwuide Co Chair | 0.5 | $0 | |
Roman Draughon Co Chair | 0.5 | $0 | |
Don Hammond Director | 0.5 | $0 | |
Dr Jeff Leismer Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,568 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,756 |
| Total expenses | $53,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,279 |
| Other assets | $0 |
| Total assets | $31,969 |
| Total liabilities | $21,371 |
| Net assets or fund balances | $10,598 |