2025-11-14T15:11:11-06:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 401 EAST JACKSON ST SUITE 1200 TAMPA FL 33602 990 2024-01-01 261290004 MILITARY AVIATION MUSEUM MILI 7574903157 1341 PRINCESS ANNE ROAD VIRGINIA BEACH VA 23457 BRUCE HOLBROOK TREASURER 7574903157 2025-11-14 1 1 BREE-ANN WEIDNER P01319397 8132511010 2024 2025-03-06 01:10:19Z DR ED GEORGE 1341 PRINCESS ANNE ROAD VIRGINIA BEACH VA 23457 4279136 0 X WWW.MILITARYAVIATIONMUSEUM.ORG X 2006 VA THE MILITARY AVIATION MUSEUM HONORS THE HEROES WHO BUILT, FLEW AND MAINTAINED AMERICA'S MILITARY AIRCRAFT. BY SHARING THEIR STORIES THROUGH EXHIBITIONS AND EVENTS, WE PROMOTE AN UNDERSTANDING OF HISTORY, SCIENCE, SERVICE AND SACRIFICE THAT WILL INSPIRE AND EDUCATE VISITORS OF ALL AGES. 31 31 38 313 0 0 345776 1425724 837220 1291524 68449 6051 371928 413708 1623373 3137007 0 0 0 0 467067 675217 0 0 3458 938780 1420490 1405847 2095707 217526 1041300 2753256 3988034 48474 237277 2704782 3750757 X THE MILITARY AVIATION MUSEUM HONORS THE HEROES WHO BUILT, FLEW AND MAINTAINED AMERICA'S MILITARY AIRCRAFT. BY SHARING THEIR STORIES THROUGH EXHIBITIONS AND EVENTS, WE PROMOTE AN UNDERSTANDING OF HISTORY, SCIENCE, SERVICE AND SACRIFICE THAT WILL INSPIRE AND EDUCATE VISITORS OF ALL AGES. 0 0 1889197 1145763 TO EDUCATE THE PUBLIC ON THE HISTORY OF MILITARY AVIATION FROM THE FIRST HALF OF THE TWENTIETH CENTURY. IT ACCOMPLISHES THIS BY OPERATING A MUSEUM OPEN TO THE PUBLIC SEVEN DAYS A WEEK YEAR-ROUND (EXCLUDING THANKSGIVING DAY AND CHRISTMAS DAY). VISITORS CAN SEE THE RESTORED AND REPLICA AIRCRAFT UP CLOSE ON STATIC DISPLAY AND LEARN ABOUT THEIR PERSONAL HISTORIES AND USES DURING THE WARS BY READING SIGNAGE AND TALKING WITH VOLUNTEER MUSEUM DOCENTS. 76158 374673 ONE OF THE INTERACTIVE WAYS THE MUSEUM EDUCATES THE PUBLIC ON THE HISTORIC MILITARY AIRCRAFT IS BY HOSTING TWO AIR SHOWS EACH YEAR. THE SPRING AIR SHOW FEATURES AN AUTHENTIC, RESTORED WORLD WAR TWO AIRCRAFT FLYING AND ON STATIC DISPLAY. THE FALL AIR SHOW FEATURES A REPLICA WORLD WAR ONE AIRCRAFT FLYING AND ON STATIC DISPLAY. BOTH EVENTS ALSO INCLUDE MILITARY RE-ENACTORS FROM THE DIFFERENT PERIODS IN HISTORY, WHO INTERACT WITH ATTENDEES AND TALK ABOUT WHAT THE PILOTS, GROUND CREW, AND OTHER SOLDIERS ENDURED DURING THE WARS. THE MUSEUM ALSO OFFERS A MONTHLY GUEST SPEAKER SERIES TO THE PUBLIC, WHICH IS FREE WITH PAID MUSEUM ADMISSION. EACH MONTH, DIFFERENT RETIRED MILITARY PERSONNEL GIVE A TALK ABOUT HIS OR HER EXPERIENCES WITH MILITARY AVIATION DURING WORLD WAR TWO AND IMMEDIATELY FOLLOWING. THESE PRESENTATIONS GIVE VISITORS AN OPPORTUNITY TO KNOW THE HISTORY MORE INTIMATELY BY WAY OF THE PERSONAL STORIES TOLD BY PILOTS, NAVIGATORS, GUNNERS, GROUND CREW AND TRAINERS. THE MUSEUM TYPICALLY FOLLOWS THE LECTURE WITH A FLIGHT DEMONSTRATION OF ONE OF THE MUSEUM'S AIRCRAFT. 1965355 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 19 0 1 38 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 31 31 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X KAYLEIGH KALLMAN 7574903157 4455 SOUTH BOULEVARD SUITE 500 VIRGINIA BEACH VA 23452 EDWARD GEORGE PRESIDENT 5.00 0.25 X X 0 0 0 JOHN PETERSON VICE PRESIDENT 1.00 0.25 X X 0 0 0 KENT EWING SECRETARY 0.25 0.00 X X 0 0 0 BRUCE HOLBROOK TREASURER 6.00 2.00 X X 0 0 0 GERALD YAGEN FOUNDER 0.25 0.00 X 0 0 0 TOM OWEN VOLUNTEER MEMBER 0.25 0.00 X 0 0 0 JOSH APPEZZATO OBSERVER (FROM 10/24) 0.25 0.00 X 0 0 0 MICHAEL ALLEN DIRECTOR 0.25 0.00 X 0 0 0 DAVID BERND DIRECTOR 0.25 0.00 X 0 0 0 WILLIAM BURNETTE DIRECTOR 0.25 0.00 X 0 0 0 JOHN CAMPBELL JR DIRECTOR 0.25 0.00 X 0 0 0 GLENN CARWELL DIRECTOR 1.00 0.00 X 0 0 0 ROBERT DEDMAN DIRECTOR 0.25 0.00 X 0 0 0 EMMITT DICKENS DIRECTOR 0.25 0.00 X 0 0 0 BOB FORT DIRECTOR 0.25 0.00 X 0 0 0 DAVID GOODE DIRECTOR 0.25 0.00 X 0 0 0 PATRICK HAND DIRECTOR 0.25 0.00 X 0 0 0 HENRY SANDY HARRIS DIRECTOR 1.00 1.00 X 0 0 0 JOHN KAVANAUGH DIRECTOR (THRU 01/24) 0.25 0.00 X 0 0 0 HOWARD KERN DIRECTOR 0.25 0.00 X 0 0 0 BARRY KNIGHT DIRECTOR 0.25 0.00 X 0 0 0 BRUCE LINDSEY DIRECTOR 0.25 0.00 X 0 0 0 CHERYL MCLESKEY DIRECTOR 0.25 0.00 X 0 0 0 PETER MEREDITH DIRECTOR (FROM 07/24) 1.00 0.00 X 0 0 0 ERIK NEIL DIRECTOR 0.25 0.00 X 0 0 0 PAUL OGORCHOCK DIRECTOR (FROM 10/24) 0.25 0.00 X 0 0 0 DEBORAH BUTLER PAINTER DIRECTOR (THRU 07/24) 0.25 0.00 X 0 0 0 STEVEN PRESCOTT DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM ROMIG DIRECTOR 0.25 0.00 X 0 0 0 WILLIAM SESSOMS JR DIRECTOR 0.25 0.00 X 0 0 0 FREDERICK STANT DIRECTOR 0.25 0.00 X 0 0 0 ALAN WAGNER DIRECTOR 0.25 0.00 X 0 0 0 KEN YAGEN DIRECTOR 0.25 0.00 X 0 0 0 KEEGAN CHETWYND EXECUTIVE DIRECTOR 45.00 0.00 X 79566 0 1735 79566 0 1735 0 0 0 0 DAUNTLESS RESTORATIONS LTD PO BOX 72-719 AUCKLAND PAPKURA NZ 2244 RESTORATION WORK ON DAUNTLESS 385799 AVSPECS LTD PO BOX 118 AUCKLAND BEACHLANDS NZ 2018 RESTORATION WORK ON CURTISS HAWK 139581 2 1012500 413224 189000 1425724 ADMISSION INCOME 713990 686232 686232 AIRCRAFT EXHIBIT INCOM 713990 374673 374673 AIRPLANE RIDES INCOME 713990 130138 130138 SUMMER CAMP INCOME 713990 55559 55559 MEMBERSHIP DUES 900099 44922 44922 1291524 51241 51241 187061 4594 182467 182467 182467 858011 857751 45450 260 -45450 -45190 -45190 463246 234334 228912 228912 OTHER INCOME 900099 2329 2329 2329 3137007 1520436 0 190847 81302 81128 139 35 501222 501222 12585 11327 1007 251 51961 49939 1688 334 28147 28147 15973 14376 1597 24675 22208 2467 6764 6764 21245 19120 2125 229860 204561 25299 99748 89563 10185 78445 62756 14120 1569 186973 168275 18698 125343 118900 6443 47553 47553 301140 298129 3011 SPECIAL EVENTS 84620 76158 8462 EQUIPMENT RENTAL 63427 50741 11417 1269 EQUIPMENT MAINTENANCE & 36240 32616 3624 VOLUNTEER EXPENSES 19742 17768 1974 78742 70868 7874 2095707 1965355 126894 3458 421827 212768 1190967 5279 0 303016 133595 144492 52999 96817 2084797 284443 953868 1800354 0 804369 0 620939 2753256 3988034 48474 237277 48474 237277 X 2317620 3308696 387162 442061 2704782 3750757 2753256 3988034 1041300 4675 0 X 0 1 X 1 0 X 676706 387272 286546 345776 1425724 3122024 676706 387272 286546 345776 1425724 3122024 1509520 1612504 77593 170192 218723 247330 238302 952140 5997 10825 4417 2329 23568 4097732 6534514 0.39350 0.49700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 387162 46750 8149 442061 348092 26887 12183 387162 276092 71000 1000 348092 260346 15000 746 276092 250838 9500 8 260346 1.00000 0 0 142732 49426 93306 63815 45110 18705 1878250 189907 1688343 1800354 DUE FROM RELATED PARTY 613914 INTEREST RECEIVABLE 7025 620939 X 3179918 4675 4675 3175243 6764 -45000 -38236 3137007 2133943 45000 45000 2088943 6764 6764 2095707 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION IS RESPONSIBLE FOR PAYING UNRELATED BUSINESS TAX INCOME. THE ORGANIZATION HAS DETERMINED IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: FIXED ASSET LOSS FROM PART IX -45,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FIXED ASSET LOSS TO PART VIII 45,000. GERALD YAGEN FOUNDER EXPENSE REIMBURSEMENT RELATED TO TSI X 303016 303016 0 0 0 303016 X 1 189000 APPRAISAL 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF NONCASH CONTRIBUTIONS RECEIVED DURING THE TAX YEAR. FORM 990, PART VI, SECTION A, LINE 2 GERALD YAGEN AND KEN YAGEN ARE BOTH DIRECTORS ON THE BOARD OF DIRECTORS AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, AND THEREFORE NO MINUTES TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS E-MAILED TO AN OFFICER OF THE BOARD TO THEN BE FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY REVIEWS THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS AS THEY ARISE. THOSE WHO HAVE A POTENTIAL CONFLICT OF INTEREST EXCUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTES RELATED TO THAT TOPIC. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT GATHERS DATA OF COMPENSATION PAID TO OTHER EXECUTIVE DIRECTORS OF COMPARABLE NON-PROFIT ORGANIZATIONS AND APPROVES EXECUTIVE COMPENSATION. THE DISCUSSION ON COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. MILITARY AVIATION MUSEUM FOUNDATION 1341 PRINCESS ANNE RD VIRGINIA BEACH VA 23457 874356148 SUPPORT MILITARY AVIATION MUSEUM VA 501(C)(3) LINE 12A, I MILITARY AVIATION MUSEUM 1 TSI HOLDCO INC 4455 SOUTH BOULEVARD SUITE 500 VIRGINIA BEACH VA 23452 992563631 HOLDING CO. VA MAM FOUNDATION C 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 MILITARY AVIATION MUSEUM FOUNDATION C 1012500 COST TSI HOLDCO INC D 613914 COST