Overview
What is National Stearman Foundation Inc?
National Stearman Foundation Inc, located in Galesburg, Illinois, is a nonprofit organization that commenced fundraising in 2020 with the aim of constructing a permanent facility. This facility serves as a year-round home for Stearman planes, memorabilia, and related resources. The organization's primary mission is to preserve and showcase historical Stearman aircraft and educate the public about their significant role in protecting our country. To achieve this, they plan to operate a facility that houses these aircraft and artifacts for historical research and public education. Furthermore, the foundation supports the annual Stearman Fly-In, fostering interest in Stearman aircraft among both youth and adults.
Is National Stearman Foundation Inc legitimate?
National Stearman Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Stearman Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of National Stearman Foundation Inc?
The National Stearman Foundation Inc's mission is centered around preserving and showcasing historical Stearman aircraft. They aim to educate the public about the significant role these aircraft played in defending our nation. To achieve this, the foundation is dedicated to establishing and operating a facility or venue, serving as a permanent home for Stearman planes, artifacts, and memorabilia. The organization also provides funding for the annual Stearman Fly-In, thereby promoting interest in these aircraft among both youth and adults. Their activities aim to foster an appreciation for the history and impact of Stearman aircraft. In 2020, they initiated a fundraising campaign to construct a year-round facility that would include offices for fly-ins, conference rooms, storage, and spaces for historical research and public education.
Who is the CEO of National Stearman Foundation Inc?
Harrel W Timmons is the President/Director of National Stearman Foundation Inc.
What is the revenue of National Stearman Foundation Inc?
National Stearman Foundation Inc's revenue in 2022 was $116,437.
Who are the executives of National Stearman Foundation Inc and what are their salaries?
There 15 volunteers at National Stearman Foundation Inc.
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Where can I find the form 990 for National Stearman Foundation Inc?
National Stearman Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Stearman Foundation Inc
The National Stearman Foundation Inc is dedicated to preserving and showcasing historically significant Stearman aircraft. Their mission involves operating a facility that serves as a repository for these aircraft and related artifacts, facilitating historical research and public education. Additionally, the foundation aims to fund the annual Stearman Fly-In, thereby fostering interest in Stearman aircraft among both youth and adults. In 2020, the organization initiated a fundraising campaign to construct a permanent facility that would serve as a year-round home for these artifacts and memorabilia, as well as Stearman planes, Fly-In offices, conference rooms, and storage spaces.
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Impact
October, 2024
The National Stearman Foundation Inc significantly impacts the preservation of historical Stearman aircraft and the education of the public regarding their pivotal role in defending the country. By developing a permanent facility in Galesburg, Illinois, the organization aims to create a dedicated space for displaying these historic aircraft and associated artifacts, making history accessible to everyone. This initiative fosters a deeper understanding of aviation history and its contributions to national defense.
Through fundraising efforts initiated in 2020, the foundation is working towards establishing a venue that will include fly-in offices, conference rooms, and storage, all designed to serve as a hub for research, education, and public engagement. By providing a platform for showcasing Stearman planes, the foundation not only preserves these invaluable pieces of history but also promotes community interest in aviation among both youth and adults.
The annual Stearman Fly-In, supported by the foundation, is another vital component of its impact, generating enthusiasm and awareness about Stearman aircraft. This event not only celebrates the planes themselves but also encourages new generations to appreciate and learn from this important part of aviation history. Through these efforts, the National Stearman Foundation Inc preserves the legacy of Stearman aircraft while inspiring future aviators and historians.
This information is meant to be a general summary of National Stearman Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,441
- Gross Receipts: $126,876
Assets and Liabilities:
- Total Assets: $1,114,962
- Total Liabilities: $0
- Net Assets: $1,114,962
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Organization Details
Founding Year
1998
Phone
(309) 343-6409Principal Officer
Harrel W Timmons
Main Address
PO BOX 1937, GALESBURG, IL, 61401
NTEE Category
Code: A50 - Arts
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