American Institute Of Aeronautics And Astronautics in South Ogden, Utah (UT)

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American Institute Of Aeronautics And Astronautics
Employer Identification Number (EIN)131677290
Name of OrganizationAmerican Institute Of Aeronautics And Astronautics
In Care of NameMark Sultan
Address2329 Eastwood Blvd, South Ogden, UT 84403-5308
ActivitiesOther school related activities, Library, Professional association
SubsectionEducational Organization
Ruling Date08/1954
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2009
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$27,620,615
Amount of Income$43,646,567
Form 990 Revenue Amount$23,848,296
National Taxonomy of Exempt Entities (NTEE)Science and Technology Research Institutes, Services: Physical Sciences, Earth Sciences Research and Promotion


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Amount of income in 2009: $43,646,567
This organization: 

 $43,646,567
Other organizations performing similar types of work: 

 $9,075,600

Assets in 2009: $27,620,615
This organization: 

 $27,620,615
Other organizations performing similar types of work: 

 $27,620,615

Expenses in 2007: $25,955,464
This organization: 

 $25,955,464
Other organizations performing similar types of work: 

 $25,955,464

Income to expenses ratio in 2007: 1.0
American Institute Of Aeronautics And Astronautics: 

 1.0
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 67.7%
American Institute Of Aeronautics And Astronautics: 

 67.7%
Other organizations performing similar types of work: 

 85.6%

Number of employees in 2007: 100
American Institute Of Aeronautics And Astronautics: 

 100
Other organizations performing similar types of work: 

 158

Employees paid over $50,000 in 2007: 69.0%
This organization: 

 69.0%
Other organizations performing similar types of work: 

 43.7%

Grants share in income in 2007: 0.4%
This organization: 

 0.4%
Other organizations performing similar types of work: 

 44.3%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200420052007
Total revenue$18,894,666$17,957,379$26,436,818$22,037,111$23,871,117$25,243,586$26,559,833
Contributions, gifts, grants, and similar amounts received$97,947$54,845$36,783$2,373$86,965$83,639$96,768
Contributions to donor advised funds$0
Direct public support$97,947$54,845$36,783$2,373$86,965$83,639$96,768
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$12,907,016$12,972,295$21,992,391$17,284,031$18,884,665$19,659,894$21,254,393
Membership dues and assessments$2,673,940$2,953,187$2,822,181$2,867,222$2,902,013$3,019,080$3,231,519
Interest on savings and temporary cash investments$0$0$23$0$0$0$0
Dividends and interest from securities$1,543,821$713,867$515,860$566,257$657,625$719,005$961,081
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$47,913$39,746$30,925$0$0$0
Gain or (loss) from sales of assets other than inventory$1,275,587$10,726$-174,355$936,417$1,043,525$1,418,726$824,778
Gross amount from sales of assets other than inventory$56,009,615$77,198,620$72,686,347$66,791,157$63,875,169$45,211,241$16,949,075
Less: cost or other basis and sales expenses$54,734,028$77,187,894$72,860,702$65,854,740$62,831,644$43,792,515$16,124,297
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$396,355$1,204,546$1,204,189$349,886$296,324$343,242$191,294
Total expenses$19,364,035$19,635,078$28,614,623$23,947,710$24,101,599$24,210,480$25,955,464
Program services$13,845,777$13,977,830$21,423,716$15,642,929$16,902,310$17,374,992$17,580,926
Management and general$5,518,258$5,657,248$7,188,763$8,302,620$7,198,561$6,835,488$8,374,538
Fundraising$0$0$2,144$2,161$728$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$19,104,946$14,750,214$17,073,408$17,000,690$18,539,288$21,892,792$13,114,717
Excess or (deficit) for the year$-469,369$-1,677,699$-2,177,805$-1,910,599$-230,482$1,033,106$604,369
Net assets or fund balances at beginning of year$20,324,916$19,104,946$14,750,214$17,073,408$17,000,690$18,539,288$22,887,638
Other changes in net assets or fund balances$-750,601$-2,677,033$4,500,999$1,837,881$1,769,080$2,320,398$-10,377,290
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$25,955,464$17,580,926$8,374,538$0
Grants paid from donor advised funds$0
Other grants and allocations$457,161
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$458,855$0$458,855$0
Compensation of former officers, directors, key employees, etc.$172,000$0$172,000$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$6,678,085$4,424,570$2,253,515$0
Pension plan contributions not included above$742,960$0$742,960$0
Employee benefits not included above$918,484$0$918,484$0
Payroll taxes$511,543$0$511,543$0
Professional fundraising fees$0$0$0$0
Accounting fees$92,110$0$92,110$0
Legal fees$1,307$0$1,307$0
Supplies$1,055,475$590,842$464,633$0
Telephone$40,733$9,784$30,949$0
Postage and shipping$777,066$732,518$44,548$0
Occupancy$608,379$0$608,379$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$2,124,314$2,093,066$31,248$0
Travel$714,585$512,414$202,171$0
Conferences, conventions, and meetings$5,060,886$4,919,168$141,718$0
Interest$1,627$0$1,627$0
Depreciation, depletion, etc.$178,243$1,185$177,058$0
Other expenses not covered above$5,361,651$3,840,218$1,521,433$0
Balance Sheets
2000200120022003200420052007
Total assets$27,451,788$27,054,707$26,981,291$30,472,319$30,158,713$33,703,193$28,066,041
Cash - non-interest-bearing$265,642$1,660,672$389,749$1,403,265$1,338,309$2,563,617$1,178,025
Savings and temporary cash investments$0$0$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$936,912$888,864$690,154$623,570$762,982$855,264$733,770
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$392,657$331,820$304,323$288,946$150,000$0$0
Inventories for sale or use$59,585$48,227$140,453$75,433$149,724$93,262$161,241
Prepaid expenses and deferred charges$1,434,694$3,239,163$469,455$444,666$477,435$549,996$698,508
Investments - publicly-traded securities$23,238,106
Investments - other securities$23,650,860$19,837,697$23,662,091$25,347,771$26,748,059$29,019,027$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Investments - other$146,404$140,135$132,888$572,151$11,615$1,700$2
Land, buildings, and equipment less accumulated depreciation$501,184$507,105$479,500$627,426$475,890$385,040$1,787,165
Other assets, including program-related investments$63,850$401,024$712,678$1,089,091$44,699$235,287$269,224
Total liabilities$8,346,842$12,304,493$9,907,883$13,471,629$11,619,425$11,810,401$14,951,324
Accounts payable and accrued expenses$3,565,099$3,826,043$4,640,241$8,198,994$6,486,847$5,565,270$2,940,746
Grants payable$0$0$0$0$0$0$0
Deferred revenue$4,574,119$7,856,213$3,722,310$4,204,741$4,652,482$6,014,746$7,158,494
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$164,477$128,794$91,322$10,650
Other liabilities$207,624$622,237$1,545,332$903,417$351,302$139,063$4,841,434
Total liabilities and net assets/fund balances$27,451,788$27,054,707$26,981,291$30,472,319$30,158,713$33,703,193$28,066,041
Total net assets or fund balances$19,104,946$14,750,214$17,073,408$17,000,690$18,539,288$21,892,792$13,114,717
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200420052007
Total revenue$18,894,666$17,957,379$26,436,818$22,037,111$23,871,117$25,243,586$26,559,833
Total revenue, gains, and other support per audited financial statements$18,144,000$15,187,346$30,813,013$23,740,369$25,629,256$25,937,831$17,052,984
Other expenses$-750,601$-2,677,033$4,500,999$1,837,881$1,769,193$701,145$-9,506,849
Net unrealized gains on investments$-750,601$-2,677,033$4,500,999$1,837,881$1,769,193$701,145$-9,506,849
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$65$93,000$124,804$134,623$11,054$6,900$0
Investment expenses$0$0$0$0$0$0$0
Other$65$93,000$124,804$134,623$11,054$6,900$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200420052007
Total expenses$19,364,035$19,635,078$28,614,623$23,947,710$24,101,599$24,210,480$25,955,464
Total expenses and losses per audited financial statements$19,364,000$19,170,078$27,694,003$24,591,914$23,224,332$24,210,480$25,955,464
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$35$465,000$920,620$-644,204$877,267$0$0
Investment expenses$0$0$0$0$0$0$0
Other$35$465,000$920,620$-644,204$877,267$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
36$275,240$5,456$0
36$183,615$3,647$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings31
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
Loans and AdvancesCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
$0$0$172,000$0
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006100
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$236,020$1,977,153$24,249,892
Program service revenue
Program service revenue 1000000$000$0$2,150,961
Program service revenue 2Advertising and related services$203,47000$0$8,216,904
Program service revenue 3000000$000$0$9,350,673
Program service revenue 4000000$000$0$76,470
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$1,255,915
Membership dues and assessmentsAdvertising and related services$32,55000$0$3,198,969
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$961,081$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$824,778$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Royalty income excluded by section 512(b)(2)$191,294$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$226,838$4,531$0
$151,171$2,984$0
$139,757$2,791$0
$136,197$2,722$0
$232,962$4,603$0
Total number of other employees paid over $50,00062
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$102,000
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
1999200020012002200320042006
Total$17,364,171$17,193,464$17,655,654$26,420,514$20,828,361$22,393,892$23,839,955
Gifts, grants, and contributions received$66,479$97,947$54,845$36,783$2,373$86,965$86,128
Membership fees received$2,677,248$2,673,940$2,953,187$2,822,181$2,867,222$2,902,013$3,086,876
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$12,477,986$12,063,933$12,033,355$21,051,604$16,329,576$17,227,841$19,400,344
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,129,872$1,543,821$761,780$555,629$597,182$657,625$1,009,031
Net income from unrelated business activities not included above$390,362$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$622,224$813,823$1,852,487$1,954,317$1,032,008$1,519,448$257,576
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$17,682,926
Total lobbying expenditures$102,000
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$102,000
Other exempt purpose expenditures$17,580,926
Lobbying nontaxable amount$1,000,000
Grassroots nontaxable amount$250,000
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$236,020$139,223$96,797
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$32,550$0$32,550
Advertising income$203,470$139,223$64,247
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$96,797
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$32,550
Excess readership costs$164,247
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Aerospace Corporation2310 E El Segundo Blvd, El Segundo, CA 90245-4609CA1961-10$843,553,348
2University Corp AtmoPO BOX 3000, Boulder, CO 80307-3000CO1962-10$238,516,695
3Universities Space Research Association10211 Wincopin Cir Ste 500, Columbia, MD 21044-3432MD1969-10$76,616,779
4American Geophysical Union2000 Florida Avenue Nw, Washington, DC 20009-1231DC1972-12$50,526,447
5American Institute Of Aeronautics And Astronautics2329 Eastwood Blvd, South Ogden, UT 84403-5308UT1954-08$43,646,567
6Gas Research Institute1700 S Mount Prospect Road, Desplaines, IL 60018-1804IL1977-02$39,877,097
7Academy Of Natural Sciences Of19th The Pky, Philadelphia, PA 19103PA1928-12$25,666,573
8Woods Hole Research Center Inc149 Woods Hole Rd, Falmouth, MA 02540-1644MA1991-10$14,442,967
9Great Lakes Museum Of Science Environment And Technology601 Erieside Ave, Cleveland, OH 44114-1021OH1993-11$9,075,600
10American Center For Physics Inc1 Physics Ellipse, College Park, MD 20740-3843MD1991-10$6,880,170
11John B Pierce Laboratory Inc290 Congress Ave, New Haven, CT 06519-1403CT1940-05$5,477,861
12Commonwealth Scientific And Industrial Research OrganizationCanberra Act 2602, Australiainternational1992-01$1,526,566
13Cetos Research Organization11 Des Isle Ave, Bar Harbor, ME 04609-1710ME2004-07$225,501
14Ecosystem Recovery Institute IncPO BOX 249, Freeland, MD 21053MD1991-08$38,652
15Ndsu Research & Technology Park Inc1854 Ndsu Research Circle N, Fargo, ND 58102-5706ND2000-04$3,027,165
16Ibio Institute65 E Wacker Pl Ste 1600, Chicago, IL 60601-7242IL2004-03$798,317
17Center For High Impact Weather Studies1945 Vassar Cir, Boulder, CO 80305-5603CO2007-12$188,645
Number of organizations performing similar types of work
California1
Colorado3
Connecticut2
District of Columbia1
Florida1
Illinois2
Massachusetts1
Maryland4
Maine1
North Dakota1
Ohio1
Pennsylvania2
Texas1
Utah1
International1
Total23
All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralAmerican Institute Of Aeronautics And Astronautics2329 Eastwood Blvd, South Ogden, UT 84403-5308UT1954-08$43,646,567
SubordinateAmerican Institute Of Aeronautics And Astronautics, Los Angeles Section4940 W 147th St, Hawthorne, CA 90250-6708CA1954-08$409,096
SubordinateAmerican Institute Of Aeronautics And Astronautics, National Capital Section1653 Dartmoor Dr, Huntingtown, MD 20639-2106MD1954-08$113,711
SubordinateAmerican Institute Of Aeronautics And AstronauticsPO BOX 57524, Webster, TX 77598-7524TX1954-08$52,658
SubordinateAmerican Institute Of Aeronautics And Astronautics, Digital Avionics Technical Committe539 Bramblewood Ct, Westerville, OH 43081-3036OH1954-08$37,100
SubordinateAmerican Institute Of Aeronautics And Astronautics, None6962 Los Amigos Circle, Huntington Beach, CA 92647CA1954-08$0
Number of affiliated organizations
California2
Maryland1
Ohio1
Texas1
Utah1
Total6

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