2025-05-14T15:02:57-05:00 2024-06-30 455514068 SERVATIUS O'BRIEN & FONG LLP 2377 CRENSHAW BLVD SUITE 160 TORRANCE CA 90501 990 2023-07-01 943226801 AIRCRAFT CARRIER HORNET FOUNDATION AIRC 5105218448 707 W HORNET AVENUE ALAMEDA CA 94501 TIM LUTZ TREASURER 5105218448 2025-05-14 1 0 ROSS H O'BRIEN P00965565 3105399400 2025-05-13 2023 2025-03-06 01:10:19Z USS HORNET SEA AIR & SPACE MUSEUM LAURA FIES 707 W HORNET AVENUE ALAMEDA CA 94501 2719089 0 X WWW.USS-HORNET.ORG X 1995 CA AIRCRAFT CARRIER HORNET FOUNDATION PRESERVES AND HONORS THE LEGACY OF THE USS HORNET. 13 13 47 300 0 0 898760 407921 2729915 1919460 7987 83779 141175 179974 3777837 2591134 0 0 0 0 2000910 2110090 0 0 33099 1696477 1345981 3697387 3456071 80450 -864937 3440590 2169431 1269505 863283 2171085 1306148 X THE FOUNDATION PRESERVES AND HONORS THE LEGACY OF THE USS HORNET, A NATIONAL HISTORIC LANDMARK, AND ITS ROLE IN NAVAL AVIATION, THE DEFENSE OF OUR COUNTRY, THE APOLLO PROGRAMS, AND EXPLORATION OF SPACE. THE USS HORNET CONNECTS THE GREATEST GENERATION OF AMERICANS WITH FUTURE GENERATIONS, EDUCATING AND INSPIRING THEM TO MEET THE CHALLENGES THEY WILL FACE IN THE DAYS TO COME. 0 0 867834 780449 THE USS HORNET IS A VINTAGE WWII AIRCRAFT CARRIER. MAINTAINING SUCH A LARGE SHIP IN GOOD ORDER IS COSTLY. MOREOVER, THE SHIP OPERATES AS A MUSEUM, SERVING THE PUBLIC; CONSEQUENTLY, THERE ARE MANY LOCAL INSPECTIONS DESIGNED TO SECURE PUBLIC SAFETY. MAINTAINING THE SHIP/MUSEUM IS AN ONGOING PROJECT. 673717 350480 PUBLIC PROGRAMS MAINLY ENCOMPASSES THE LIVE ABOARD PROGRAM WHICH SERVES SINGLES OR GROUPS FOR OVERNIGHT STAYS ON THE SHIP, AS WELL AS BIRTHDAY PARTIES. EDUCATION PROGRAMS ARE DESIGNED FOR SCHOOL AGED CHILDREN IN ACCORDANCE WITH STEM. 905029 788531 PRIVATE EVENTS ARE USUALLY LARGE GROUP OR CORPORATE EVENTS. COMMUNITY EVENTS ARE PROGRAMS TO CAPTURE LARGE GROUPS OF VISITORS TO THE MUSEUM ON IMPORTANT HOLIDAYS SUCH AS THE 4TH OF JULY OR MEMORIAL DAY, ETC. 2446580 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN NJ NM NY NC OR PA RI SC TN UT VA WV WI X X REGINA KALER 5105218448 707 W HORNET AVENUE ALAMEDA CA 94501 SAM LAMONICA BOARD CHAIR 10.00 X X 0 0 0 MAUREEN VAVRA BOARD VICE-CHAIR 5.00 X X 0 0 0 TIM LUTZ BOARD TREASURER 2.00 X X 0 0 0 SUE RODERICK BOARD SECRETARY 5.00 X X 0 0 0 CLIFF BELL BOARD MEMBER 1.00 X 0 0 0 KURT LIBBY BOARD MEMBER 2.00 X 0 0 0 CECILIA GAERLAN BOARD MEMBER 4.00 X 0 0 0 ANUDEEP BHATIA BOARD MEMBER 5.00 X 0 0 0 JONATHAN YUEN BOARD MEMBER 2.00 X 0 0 0 ROLF SABYE BOARD MEMBER 2.00 X 0 0 0 CHUCK MYERS BOARD MEMBER 2.00 X 0 0 0 DREW DEWALT BOARD MEMBER 1.00 X 0 0 0 ISY ANSCHUTZ CHIEF COMPLIANCE OFFICER 40.00 X 80000 0 0 LAURA FIES CHIEF OPERATIONS OFFICER 40.00 X 85000 0 0 165000 0 0 0 0 0 0 0 60845 181197 165879 12753 407921 ADMISSIONS, TOURS, EVE 611600 1919460 1919460 1919460 83779 83779 16000 0 16000 16000 16000 67042 18289 48753 48753 221748 109666 112082 112082 OTHER INCOME 611600 2039 2039 SPONSORSHIPS 541800 1100 1100 3139 2591134 2034681 0 148532 168333 168333 1941757 1535231 386200 20326 37701 36696 955 50 166496 136984 28036 1476 36000 34200 1800 22679 13514 8707 458 97962 93064 4898 158941 22285 129823 6833 PROGRAM EXPENSES 269229 268029 1140 60 UTILITIES 148837 4815 136821 7201 REPAIRS AND MAINTENANCE 142104 142104 BANK CHARGES 130616 65987 61398 3231 135416 52602 96048 -13234 3456071 2446580 976392 33099 545171 705434 1429269 23262 50720 33392 52674 21747 4231189 2845593 1362756 1385596 3440590 2169431 695474 280869 48281 85927 497146 478638 28604 17849 1269505 863283 X 2154896 1217730 16189 88418 2171085 1306148 3440590 2169431 -864937 0 X 0 1 X 1 0 X 314748 206907 2900565 456677 2396462 6275359 1655734 354362 1826862 2920953 2142308 8900219 1970482 561269 4727427 3377630 4538770 15175578 0 0 0 15175578 17451 41383 31886 32986 99779 223485 17451 41383 31886 32986 99779 223485 1987933 602652 4759313 3410616 4638549 15399063 0.98550 0.98850 0.01450 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 2970966 1596487 1374479 1260223 1249106 11117 1385596 CAPITAL LEASE 17849 17849 2719089 0 2719089 -127955 -127955 2591134 3584026 127955 127955 3456071 0 3456071 PART III, LINE 1A: THE UNITED STATES NAVY APPROVED THE USE OF THE SHIP AS A MUSEUM ON CONTRACT VIA THE HISTORIC SHIP DONATION PROGRAM IN 1998. DURING A NATIONAL EMERGENCY, AT THE GOVERNMENT'S REQUEST, TITLE TO THE VESSEL MAY REVERT TO THE GOVERNMENT. ACCORDINGLY, THE VALUE OF THE SHIP WAS NOT RECOGNIZED ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION HAS RESTORED A SIGNIFICANT PORTION OF THE SHIP AND COMMENCED THE OPERATION OF THE MUSEUM. THE USS HORNET AND ITS RELATED MUSEUM ARE LOCATED AT ALAMEDA POINT, CALIFORNIA. PART III, LINE 4: THE FOUNDATION MAINTAINS AND DISPLAYS COLLECTIONS AND INDIVIDUAL ITEMS OF SIGNIFICANCE, WHICH ARE NOT HELD FOR FINANCIAL GAIN, BUT RATHER ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN THE FURTHERANCE OF PUBLIC SERVICE. EXAMPLES OF HISTORICAL TREASURES INCLUDE RARE ITEMS FROM WORLD WAR II AND EARLY SPACE TRAVEL. THE PERIOD OF ECONOMIC BENEFIT OR SERVICE POTENTIAL FOR INEXHAUSTIBLE HISTORICAL TREASURES IS EXTRAORDINARILY LONG DUE TO EFFORTS OF THE FOUNDATION TO PROTECT AND PRESERVE THE ASSETS IN A MANNER GREATER THAN THAT FOR SIMILAR ASSETS WITHOUT SUCH CULTURAL, AESTHETIC OR HISTORICAL VALUE. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -109,666. FUNDRAISING EXPENSES -18,289. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 109,666. FUNDRAISING EXPENSES 18,289. NEW YEAR'S EVE GALA 67042 67042 10000 8289 67042 67042 10000 8289 18289 48753 FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO AND COO REVIEWED THE FORM 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY TRACKS THAT BOARD MEMBERS READ AND SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEW AND APPROVE THE SALARIES OF THE CEO. THE CEO REVIEWS AND APPROVES ALL SALARIES OF THE SHIP STAFF. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENT, POLICIES AND FINANCIAL STATEMENTS ARE ONLY GIVEN TO THE BOARD OF DIRECTORS TO REVIEW.