Fargo Air Museum

Organization Overview

Fargo Air Museum is located in Fargo, ND. The organization was established in 1999. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Fargo Air Museum employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fargo Air Museum 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 12/2021, Fargo Air Museum generated $787.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $807.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE PUBLIC ABOUT AVIATION

Describe the Organization's Program Activity:

PROVIDED VIEWING TOURS OF AVIATION ARTIFACTS TO MORE THAN 20,000 PEOPLE


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Board, Officers & Key Employees

Name (title)Compensation
Jim Sweeney
Board Chair
$0
Terry Scherling
Secretary
$0
Brian Martin
Vice Chair
$0
Cheryl Knudson
Treasurer
$0
Sherry Heyer
Director
$0
Kelly Perhus
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $44,804
All other contributions, gifts, grants, and similar amounts not included above$548,548
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$593,352
Total Program Service Revenue$90,794
Investment income $19,236
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $75,018
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $5,265
Miscellaneous Revenue$0
Total Revenue $787,514

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Fargo Air Museum has recieved totaling $27,064.

Awarding OrganizationAmount
Fargo-Moorhead Area Foundation Corporation

Fargo, ND

PURPOSE: GENERAL SUPPORT

$26,874
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$190
View Grant Recipient Profile

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