2024-05-14T13:07:15-05:00 2023-12-31 061442902 PUE CHICK LEIBOWITZ & BLEZARD LLC 76 SOUTH FRONTAGE ROAD VERNON CT 06066 990 2023-01-01 066069083 CONNECTICUT AERONAUTICAL HISTORICAL ASSOCIATION INC CONN 8606233305 36 PERIMETER ROAD WINDSOR LOCKS CT 06096 JEFFREY A DOMINICK TREASURER 8606233305 2024-05-07 1 JEFFREY DOMINICK XXX-XX-XXXX 0 JEREMY S BRAYER CPA P01345873 8608711722 2024-05-07 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JEFFREY A DOMINICK 36 PERIMETER ROAD WINDSOR LOCKS CT 06096 4185042 0 X WWW.NEAM.ORG X 1959 CT TO PRESENT THE STORY OF AVIATION AND THE HUMAN GENIUS THAT MADE IT POSSIBLE 21 21 36 125 0 0 3382888 996526 881011 1224999 163871 173235 130801 158622 4558571 2553382 0 0 0 0 1162849 1355236 0 0 188608 1602422 1938574 2765271 3293810 1793300 -740428 9031167 8753266 406387 540974 8624780 8212292 X THE NEW ENGLAND AIR MUSEUM IS COMMITTED TO PRESENTING THE STORY OF AVIATION, THE HUMAN GENIUS THAT MADE IT POSSIBLE, AND THE PROFOUND EFFECTS THAT IT HAS HAD ON THE WAY IN WHICH WE LIVE. THE MUSEUM ACHIEVES ITS MISSION BY PRESERVING AND PRESENTING HISTORICALLY SIGNIFICANT AIRCRAFT AND RELATED ARTIFACTS, ENGAGING OUR VISITORS THROUGH HIGH-QUALITY EXHIBITS THAT HELP THEM UNDERSTAND AVIATION TECHNOLOGY, HISTORY, AND THE STORIES OF THE MEN AND WOMEN WHO BUILT, FLEW, AND MADE HISTORY WITH THESE FAMOUS MACHINES, AND INSPIRING STUDENTS THROUGH OUR INNOVATIVE AND HANDS-ON EDUCATION PROGRAMS DELIVERED ON SITE AND IN SCHOOLS THAT ALLOW THEM TO DISCOVER AND REFLECT ON AVIATION HISTORY AND ITS TIES TO SOCIAL STUDIES, SCIENCE, GEOGRAPHY, AND TECHNOLOGICAL ADVANCEMENTS. 0 0 2373188 1383621 OPERATION OF AN AVIATION MUSEUM AND RESEARCH LIBRARY, EDUCATION OF THE PUBLIC ABOUT AVIATION HISTORY, ATTENDANCE OF APPROXIMATELY 75,070 DURING THIS REPORTING PERIOD. 2373188 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 36 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X JEFFREY A DOMINICK 8606233305 36 PERIMETER ROAD WINDSOR LOCKS CT 06096 CORNELIUS P O'LEARY BOARD MEMBER 1.00 X 0 0 0 JEFFREY A DOMINICK TREASURER 1.00 X X 0 0 0 SAMANTHA FOSTER BOARD MEMBER 1.00 X 0 0 0 JEFFREY J WHITE BOARD MEMBER 1.00 X 0 0 0 KATHY WADSWORTH BOARD MEMBER 1.00 X 0 0 0 KIM A JONES SECRETARY 1.00 X X 0 0 0 EUNICE CLARK BOARD MEMBER 1.00 X 0 0 0 ROBERT STANGARONE BOARD CHAIR 1.00 X X 0 0 0 ROY CJ NORMEN BOARD MEMBER 1.00 X 0 0 0 KATE MCGINNIS COLLINS BOARD MEMBER 1.00 X 0 0 0 THOMAS S SARGIS BOARD MEMBER 1.00 X 0 0 0 MORGAN BARRIEAU BOARD MEMBER 1.00 X 0 0 0 WARREN M BOLEY JR BOARD VICE CHAIR 1.00 X X 0 0 0 WILLIAM H COSTEN BOARD MEMBER 1.00 X 0 0 0 WILLIAM P GONET BOARD MEMBER 1.00 X 0 0 0 STEPHEN PEREZ BOARD MEMBER 1.00 X 0 0 0 SEAN E LEE BOARD MEMBER 1.00 X 0 0 0 DICK KOENIG BOARD MEMBER 1.00 X 0 0 0 MARIE A ROBERT BOARD MEMBER 1.00 X 0 0 0 JOSEPH WOLNICK BOARD MEMBER 1.00 X 0 0 0 ERICA LEONARD BOARD MEMBER 1.00 X 0 0 0 MICHAEL MCGUIRE BOARD MEMBER 1.00 X 0 0 0 CEDRIC BECKETT BOARD MEMBER 1.00 X 0 0 0 JOSEPH THORSTENSON BOARD MEMBER 1.00 X 0 0 0 CARROLL LANE BOARD MEMBER 0.00 X 0 0 0 STEPHANIE ABRAMS PRESIDENT & CEO 50.00 X 224854 0 20946 RICHARD CLEARY JR VP OF DEVELOPMENT 1.00 X 108747 0 39189 MICHELLE SALAMONE DIRECTOR OF SALES & MARKETING- EVENTS 1.00 X 127235 0 17839 KAREN GIROUX CONTROLLER AND GRANTS OFFICER 50.00 X 134947 0 22493 595783 0 100467 4 0 1 0 0 79792 916734 996526 ADMISSIONS 713990 723859 723859 REVENUE, AUXILIARY 713990 501140 501140 1224999 99482 99482 1449724 105416 1481387 0 -31663 105416 73753 73753 308895 150273 158622 158622 2553382 1383621 0 173235 245820 184365 61455 893619 613036 223405 57178 50560 37920 12640 82835 62126 20709 82402 57840 20600 3962 75379 75379 27536 27536 26601 26601 13557 13557 254937 127469 127468 85020 85020 57022 57022 201420 195377 6043 466336 430178 36158 63015 63015 EXPENSES, AUXILIARY 169858 169858 REPAIRS AND MAINTENENCE 147934 143496 4438 EXHIBITS AND RESTORATIO 139034 139034 EDUCATION PROGRAMS 71732 71732 139193 77742 61451 3293810 2373188 732014 188608 343004 323084 116135 115229 2112609 191100 84174 81234 3220 1588 10492901 5727421 3960704 4765480 2140235 3409519 79986 57132 9031167 8753266 344955 472538 61432 68436 406387 540974 X 7758633 7795563 866147 416729 8624780 8212292 9031167 8753266 -740428 327940 0 X X 0 1 X 1 0 X 674470 834284 1008479 3382888 996526 6896647 674470 834284 1008479 3382888 996526 6896647 2100719 4795928 95287 85147 96086 46959 99482 422961 25 25 7319633 4416618 0.65520 0.67170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 144705 16137 160842 178642 -33937 144705 164097 14545 178642 136107 27990 164097 112450 23657 136107 1.00000 0 0 10339962 5581976 4757986 22794 22794 0 130145 122651 7494 4765480 X 3004994 327940 150273 478213 2526781 26601 26601 2553382 3417482 150273 150273 3267209 26601 26601 3293810 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED IN PRIOR YEARS, THE FINANCIAL STATEMENTS EXCLUDE THE VALUE OF AIRCRAFT AND OTHER COLLECTION OBJECTS AND NO DETERMINATION HAS BEEN MADE AS TO THE AGGREGATE VALUE OF SUCH ITEMS. THE VALUE OF AIRCRAFT AND RELATED COLLECTION OBJECTS ACQUIRED BY GIFT DURING THE PERIOD IS NOT REPORTED IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS AS THE ASSOCIATION IS NOT ABLE TO MAKE A REASONABLE ESTIMATE OF THEIR VALUE. THE PROCEEDS RECEIVED FROM THE SALE OF ARTIFACTS AND THE COST OF EXHIBITS AND RESTORATION ARE REPORTED AS REVENUE OR EXPENSE, RESPECTIVELY. PART X, LINE 2: MANAGEMENT OF THE ASSOCIATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES. AS OF DECEMBER 31, 2023, MANAGEMENT DOES NOT BELIEVE THAT IT HAS TAKEN ANY ADDITIONAL TAX POSITION THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ASSOCIATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF DECEMBER 31, 2023, THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 150,273. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 150,273. X X 0 0 0 0 0 0 0 0 0 STEPHANIE ABRAMS PRESIDENT & CEO 149854 0 75000 0 0 0 13500 0 7446 0 245800 0 0 0 KAREN GIROUX CONTROLLER AND GRANTS OFFICER 114947 0 20000 0 0 0 8308 0 14185 0 157440 0 0 0 BOD MEMBER BOD MEMBER 134721 ORGANIZATION PURCHASED EXHIBIT DESIGN SERVICES FROM FIRM OF BOD MEMBER 0 FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS OF THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS ON AN ANNUAL BASIS AT LARGE. BOARD MEMBERS ARE ELECTED BY THE MEMBERS FOR A TERM OF TWO YEARS ON A STAGGERED BASIS WHICH EXPIRE IN APRIL OF 2024 AND 2025. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE SHALL REVIEW AND APPROVE THE INTERNAL REVENUE SERVICE (IRS) FORM 990 BEFORE IT IS FILED WITH THE IRS. IT IS MANAGEMENT'S RESPONSIBILITY TO PROVIDE EITHER A HARD COPY OR ELECTRONIC COPY OF THE FILED FORM 990 TO THE BOARD OF DIRECTORS IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, STAFF MEMBER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT (ANNUAL STATEMENT) WHICH AFFIRMS SUCH PERSON (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE DISCLOSURE STATEMENTS SHALL BE FILED WITH THE SECRETARY OF THE BOARD OF DIRECTORS ANNUALLY. THE SECRETARY WILL ACCUMULATE ALL ANNUAL STATEMENTS AND FURNISH THEM TO THE BOARD OF DIRECTORS AND AUDIT COMMITTEE. THE SECRETARY WILL BE RESPONSIBLE FOR ENSURING COMPLIANCE BY THE FULL POPULATION COVERED BY THIS POLICY AND REPORT TO THE BOARD OF DIRECTORS THOSE INDIVIDUALS FAILING TO FURNISH AN ANNUAL STATEMENT. IN THE PERIOD BETWEEN THE FILING OF THE ANNUAL STATEMENTS, IF AN INDIVIDUAL COVERED BY THIS POLICY BELIEVES THAT SHE OR SHE MAY HAVE A CONFLICT OF INTEREST WITH RESPECT TO THIS POLICY OR ANY PARTICULAR TRANSACTION, HE OR SHE SHALL PROMPTLY AND FULLY DISCLOSE THE POTENTIAL CONFLICT TO THE SECRETARY AND SHALL REFRAIN FROM PARTICIPATING IN ANY TRANSACTIONS OR DECISIONS OF THE ORGANIZATION THAT MAY BE IMPAIRED BY THE POTENTIAL CONFLICT UNTIL THE BOARD OF DIRECTORS REVIEWS THE DISCLOSURE STATEMENT AND REACHES A CONCLUSION. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE PRESIDENT & CEO'S COMPENSATION IS REVIEWED BY AN INDEPENDENT PERSONNEL AND EXECUTIVE COMMITTEES, BEFORE GOING TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. BASED ON THE REPORTING THRESHOLDS FOR COMPENSATION, AS NOTED IN THE INSTRUCTIONS OF FORM 990, THERE ARE NO OTHER EMPLOYEES FOR WHICH COMPENSATION IS APPROVED THROUGH A PROCESS SIMILAR TO THE ONE FOLLOWED FOR THE PRESIDENT & CEO. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS SUCH AS POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE TO THE PROCESS FROM THE PRIOR YEAR.