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South Dakota Air And Space Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460365618 ✦ Box elder, SD ✦ Designated as a 501(c)(3)

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Overview

What is South Dakota Air And Space Foundation Inc?

The South Dakota Air and Space Foundation Inc is a nonprofit organization based in Box Elder, South Dakota. Their primary mission is to support the South Dakota Air & Space Museum and the Air Force Heritage & Museums Program, as outlined by AFI84-103. They achieve this by operating a gift shop at Ellsworth Air Force Base, with an annual attendance of approximately 108,000 visitors. The revenue generated from the gift shop is utilized to preserve the aviation history of South Dakota and provide educational programs to the public. The organization is led by a team of four dedicated individuals.


Official website here: www.sdsairandspacemuseum.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The South Dakota Air And Space Foundation Inc has achieved a 76% rating from Charity Navigator, which translates to a Three-Star rating. This score reflects the organization's performance in Accountability & Finance, indicating a strong commitment to financial health and transparency. The foundation's effective management is underscored by a perfect score in several categories, including having a fully independent board and a commendable program expense ratio of 81.81%.

However, there are notable areas for improvement. The foundation lacks essential policies such as a Conflict of Interest Policy and a Whistleblower Policy, both of which are crucial for ensuring ethical governance and protecting whistleblowers. Additionally, the absence of a Document Retention and Destruction policy points to potential vulnerabilities in organizational practices.

Overall, while the South Dakota Air And Space Foundation Inc demonstrates solid financial practices and governance, addressing the missing policies would bolster its accountability and enhance trust among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is South Dakota Air And Space Foundation Inc legitimate?

South Dakota Air And Space Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota Air And Space 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $43,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,496

For more financial information, click here


Official website here: www.sdsairandspacemuseum.com

What is the mission statement of South Dakota Air And Space Foundation Inc?

The South Dakota Air and Space Foundation Inc serves a crucial role in supporting the South Dakota Air & Space Museum and the Air Force Heritage & Museums Program, as directed by AFI84-103. Their mission is to preserve the aviation history of South Dakota and provide educational programs to the public. To achieve this, they operate a gift shop at Ellsworth Air Force Base, utilizing the proceeds to fund their activities. Annually, they welcome approximately 108,000 attendees, providing them with an opportunity to learn about aviation and its rich history.


Official website here: www.sdsairandspacemuseum.com

Who is the CEO of South Dakota Air And Space Foundation Inc?

Robert C Liebman is the President of South Dakota Air And Space Foundation Inc.


Official website here: www.sdsairandspacemuseum.com

What is the revenue of South Dakota Air And Space Foundation Inc?

South Dakota Air And Space Foundation Inc's revenue in 2021 was $209,300.


Official website here: www.sdsairandspacemuseum.com

Who are the executives of South Dakota Air And Space Foundation Inc and what are their salaries?

The average compensation at South Dakota Air And Space Foundation Inc during 2021 was $17,104. There are 4 employees and 38 volunteers at South Dakota Air And Space Foundation Inc.


Here are 8 key members and their salaries:


Peter Walker (Retail Manag)
  • Compensation: $43,920
  • Related: $0
  • Other: $0
Robert C Liebman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Ott (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Miner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Densmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Engwall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mollison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Schilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sdsairandspacemuseum.com

Where can I find the form 990 for South Dakota Air And Space Foundation Inc?

South Dakota Air And Space Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.sdsairandspacemuseum.com

Learn more at the official website: www.sdsairandspacemuseum.com

Mission Statement of South Dakota Air And Space Foundation Inc

South Dakota Air and Space Foundation Inc plays a crucial role in supporting the South Dakota Air & Space Museum and the Air Force Heritage & Museums Program, as outlined by AFI84-103. The organization's mission is multifaceted, primarily focusing on preserving the aviation history of South Dakota and providing educational programs to the public. To accomplish this, the foundation operates a gift shop at Ellsworth Air Force Base, the revenue generated from which contributes to their objectives. By doing so, they aim to attract approximately 108,000 visitors annually, providing them with an opportunity to learn about the region's aviation history. South Dakota Air and Space Foundation Inc's endeavors contribute significantly to the public's understanding and appreciation of aviation heritage, thereby enriching their knowledge and fostering a sense of community pride.

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Impact




October, 2024

South Dakota Air and Space Foundation Inc has a significant impact on the preservation of aviation history and the promotion of education related to aerospace in the region. By supporting the South Dakota Air & Space Museum and the Air Force Heritage & Museums Program, the foundation fosters a deeper understanding and appreciation of aviation achievements, particularly those associated with the U.S. Air Force.

The foundation's initiatives attract approximately 108,000 visitors annually, providing them with unique educational experiences that highlight the importance of air and space history. The operation of a gift shop at Ellsworth Air Force Base not only generates vital funds for these programs but also raises community awareness and involvement in preserving South Dakota's aviation legacy.

Through its efforts, the foundation plays a crucial role in connecting the public with the rich history of aviation, enhancing cultural and educational opportunities in the area. This engagement supports a greater appreciation for the contributions of air and space exploration, inspiring future generations to learn about and possibly pursue careers in these fields.




This information is meant to be a general summary of South Dakota Air And Space 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.

Revenue
$209,300 (2021)
Expenses
$163,769 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $6,037
  • Program Service Revenue: $175
  • Gross Receipts: $265,808

Assets and Liabilities:

  • Total Assets: $127,634
  • Total Liabilities: $1,460
  • Net Assets: $126,174

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP INCOME

Revenue

$175

Organization Details

Founding Year

1982

Principal Officer

Robert C Liebman

Main Address

PO BOX 871, BOX ELDER, SD, 57719

NTEE Category

Code: A500 - Arts

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