| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 23,408 | 0 | 0 | 27,471 |
| Dissolution Name | Dissolution Address | Explanation | Dissolution Amount |
|---|---|---|---|
| PORT TOWNSEND AERO MUSEUM |
105 AIRPORT RD PORT TOWNSEND,WA98368 |
MUSEUM COLLECTIONS & EXHIBITS | 701,195 |
| WESTERN ANTIQUE AEROPLANE & AUTOMOBILE MUSEUM |
1600 AIR MUSEUM ROAD HOOD RIVER,OR97031 |
MUSEUM COLLECTIONS & EXHIBITS | 746,276 |
| TOWN OF CONCRETE |
PO BOX 39 CONCRETE,WA98237 |
AIRPLANE HANGAR, FUEL STATION | 401,973 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| SELF DEALING | FORM 990-PF, PART VII-B, LINE 1A | (3) THE FOUNDATION UTILIZES A SERVICES FIRM TO PROVIDE PROFESSIONAL SERVICES. THE SERVICES FIRM IS OWNED BY ONE MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. THIS ACTIVITY IS NOT AN ACT OF SELF-DEALING AS CODIFIED IN IRC SECTION 4941(D)(2)(D). |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 0 | 0 | ||
| HANGAR - LOT 2 | 0 | 0 | ||
| HANGAR - LOT 3 | 0 | 0 | ||
| HANGAR - LOT 4 | 0 | 0 | ||
| HANGAR - LOT 6 | 146,870 | 26,039 | 120,831 | 100,300 |
| HANGAR - LOT 17 | 0 | 0 | ||
| HANGAR - LOT 18/19 | 0 | 0 | ||
| LAND IMPROVEMENTS | 2,653 | 0 | 2,653 | 2,653 |
| FIELD EQUIPMENT | 0 | 0 | ||
| COMPUTER HARDWARE | 0 | 0 | ||
| FURNITURE | 0 | 0 | ||
| LAND | 3,100 | 0 | 3,100 | 3,100 |
| AVIATION FUEL STATION | 0 | 0 | ||
| VEHICLE | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 45,516 | 0 | 0 | 47,286 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COLLECTIONS - AIRCRAFT | 1,974,428 | 0 | 0 |
| COLLECTIONS - AUTOMOBILE | 49,422 | 0 | 0 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 3,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 541 | 0 | 0 | 541 |
| AVIATION & RELATED EXPENSES | 16,584 | 0 | 1,513 | 16,109 |
| OFFICE EXPENSE | 9,549 | 0 | 0 | 9,927 |
| DUES & SUBSCRIPTIONS | 5 | 0 | 0 | 5 |
| INSURANCE | 27,155 | 0 | 0 | 12,272 |
| LICENSES & PERMITS | 1,805 | 0 | 0 | 1,805 |
| REPAIRS & MAINTENANCE | 3,498 | 0 | 0 | 6,308 |
| WEBSITE DEVELOPMENT | 170 | 0 | 0 | 170 |
| LANDSCAPING | 4,757 | 0 | 0 | 4,777 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEPOSIT | 29,000 | 28,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT LABOR | 102 | 0 | 0 | 102 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 3,559 | 0 | 0 | 7,459 |