2024-10-29T08:34:39-05:00 2023-12-31 351178661 BLUE & CO LLC 250 WEST MAIN STREET SUITE 2900 LEXINGTON KY 40507 990 2023-01-01 311028870 AVIATION MUSEUM OF KENTUCKY INC AVIA 8592311219 4029 AIRPORT ROAD LEXINGTON KY 405109682 EDWARD B MURPHY TREASURER 8592311219 2024-10-25 1 1 RICHARD C SHIELDS P00852717 8592531100 2024-10-25 2023 2024-10-15 13:58:12Z EDWARD B MURPHY 4029 AIRPORT ROAD LEXINGTON KY 405109682 1466036 0 X WWW.AVIATIONKY.ORG X 1981 KY EDUCATION REGARDING THE AVIATION INDUSTRY. 18 18 3 75 0 0 144939 58985 212927 219837 127281 423037 28637 18036 513784 719895 0 0 0 0 50322 59595 25000 0 44494 207393 251754 282715 311349 231069 408546 3167529 3364604 158 5260 3167371 3359344 X EDUCATING YOUNG PEOPLE ABOUT AVIATION'S CAREER POTENTIAL. EXHIBITS ATTRACT APPROXIMATELY 10,000 STUDENTS TO LEXINGTON'S BLUE GRASS AIRPORT EACH YEAR. VISITORS LEARN ABOUT THE SCIENCE OF FLIGHT, AND ABOUT ITS HISTORY. THEY LEARN HOW KENTUCKY HAS HELPED SHAPE THE FIELD THAT HAS SO SHAPED THE WORLD. 0 0 212312 219837 THE ORGANIZATION SEEKS TO PRESERVE AND SAFEGUARD HISTORIC AVIATION MATERIALS AND TO PROMOTE EDUCATION IN AVIATION HISTORY. 212312 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 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 6 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 KY X X THE ORGANIZATION 8592311219 4029 AIRPORT ROAD LEXINGTON KY 405109682 X JIM MCCORMICK CHAIR AND TRUSTEE 1.00 X X 0 0 0 ED MURPHY TREASURER AND TRUSTEE 1.00 X X 0 0 0 GARY CAMPBELL TRUSTEE 0.50 X 0 0 0 JERRY LANDRETH TRUSTEE 0.50 X 0 0 0 GARY LOWE TRUSTEE 0.50 X 0 0 0 MIKE MALONE TRUSTEE 0.50 X 0 0 0 BETTY MURPHY TRUSTEE 0.50 X 0 0 0 MARGIE RIGGS TRUSTEE 0.50 X 0 0 0 ROBERT RIGGS TRUSTEE 0.50 X 0 0 0 ROGER STORCH TRUSTEE 0.50 X 0 0 0 DOUG STEELE TRUSTEE 0.50 X 0 0 0 DEMETRIA BLAIR TRUSTEE 0.50 X 0 0 0 STEWART DITTO TRUSTEE 0.50 X 0 0 0 BOB JONES TRUSTEE 0.50 X 0 0 0 SHERRY LEMASTER TRUSTEE 0.50 X 0 0 0 RONALD MCBRIDE TRUSTEE 0.50 X 0 0 0 EDWARD ROBIE TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 1647 57338 58985 CAMPS 611512 107738 107738 ADMISSIONS 611512 88524 88524 MEMBERSHIP DUES 611512 12149 12149 PROGRAMS AND OTHER 611512 11426 11426 219837 67091 67091 4967 0 4967 4967 4967 1050843 694897 355946 355946 355946 18241 1647 27551 -9310 -9310 46072 23693 22379 22379 719895 219837 0 441073 X 59595 41716 11919 5960 3628 3628 30250 30250 21156 21156 28548 28548 2382 2382 6248 5311 469 468 4500 3825 337 338 7852 6674 589 589 12813 10891 961 961 AIRCRAFT RENTAL 35373 35373 UTILITIES 26465 22495 1985 1985 REPAIRS AND MAINTENANCE 21871 18590 3281 RENT 11841 10065 888 888 38827 26442 9330 3055 311349 212312 54543 44494 130813 69052 255124 317857 500 14551 12071 8384 176751 150367 21121 26384 2620167 2577746 125937 350630 1796 3167529 3364604 158 5260 158 5260 X 1907576 2054292 1259795 1305052 3167371 3359344 3167529 3364604 408546 -216573 0 X X 0 1 X 0 0 X 45502 56621 59357 144938 58985 365403 137900 42714 159463 210130 242216 792423 183402 99335 218820 355068 301201 1157826 15018 11704 6900 15411 11625 60658 0 15018 11704 6900 15411 11625 60658 1097168 66865 46670 78527 76598 72058 340718 66865 46670 78527 76598 72058 340718 12315 3083 525 15923 3947 2860 9967 2795 19569 266529 148865 310397 434986 373259 1534036 0.71520 0.68240 0.22210 0.23680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30250 30250 0 PART II-B, LINE 1: CONSULTING FEES PAID TO PROMOTE LEGISLATION FOR EDUCATION IN AVIATION. 1259795 45257 1305052 1238067 1953 43398 23623 1259795 1187991 1000 49076 1238067 487168 668006 32817 1187991 469879 1385 38889 22985 487168 0.54844 0.45156 0 0 39432 32097 7335 132494 114919 17575 4825 3351 1474 26384 CASH AND DEPOSITS 350630 C 350630 X 533410 -216573 51244 -165329 698739 21156 21156 719895 341437 51244 51244 290193 21156 21156 311349 PART V, LINE 4: THE PRIMARY PURPOSE RESTRICTIONS OF THE ENDOWMENT FUND ARE THE BUILDING FUND AND THE EDUCATION FUND. PART X, LINE 2: AMK IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, HOWEVER, AMK IS NOT EXEMPT FROM TAX IMPOSED UPON UNRELATED ACTIVITY INCOME. AMK CURRENTLY HAS NO UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. AMK DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS OR POSSIBLE RELATED INTEREST OR PENALTIES. AMK GENERALLY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS COSTS 27,551. GIFT SHOP, COST OF GOODS SOLD 23,693. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS COSTS 27,551. GIFT SHOP, COST OF GOODS SOLD 23,693. AUCTION 14422 1647 12775 4159 14118 8299 ALL OTHER EVENTS 5466 0 5466 975 19888 1647 18241 4159 14118 9274 27551 -9310 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TRUSTEES AND MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE OFFICERS. THE OFFICERS ARE ALSO TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED ELECTRONICALLY TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE ON GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE VIA REQUEST. SOME DOCUMENTS ON GUIDESTAR. FORM 990, PART IX, LINE 24E SUMMER CAMP: PROGRAM SERVICE EXPENSES 8,947. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,947. PRINTING AND COPYING: PROGRAM SERVICE EXPENSES 4,185. MANAGEMENT AND GENERAL EXPENSES 1,395. FUNDRAISING EXPENSES 1,395. TOTAL EXPENSES 6,975. BANK FEES AND CREDIT CARD: PROGRAM SERVICE EXPENSES 5,097. MANAGEMENT AND GENERAL EXPENSES 1,274. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,371. TELEPHONE AND INTERNET: PROGRAM SERVICE EXPENSES 5,001. MANAGEMENT AND GENERAL EXPENSES 441. FUNDRAISING EXPENSES 441. TOTAL EXPENSES 5,883. EXHIBIT EXPENSE: PROGRAM SERVICE EXPENSES 3,212. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,212. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,998. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,998. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,786. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,786. DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,219. TOTAL EXPENSES 1,219. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 436. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 436. FORM 990, PART XII, LINE 2C THE MUSEUM ELECTED TO OBTAIN A FINANCIAL STATEMENT AUDIT IN 2023.