MUSEUM OF MOUNTAIN FLYING

EIN: 810495830 501(c)(3) Arts, Culture & Humanities

MISSOULA, MT

Total Revenue
$124,087
Total Expenses
$111,494
Total Assets
$1,070,319
Net Assets
$944,266
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MT
Principal Officer
ERIC KOMBEREC
Phone
4068255080
Tax Period
2023-01-01 to 2023-12-31

MUSEUM OF MOUNTAIN FLYING, founded in 1985, is a small nonprofit in the Arts, Culture & Humanities sector that reported $124K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $111K left a modest 10% surplus.

Mission

PROVIDE HISTORY OF MOUNTAIN FLYING IN THE NORTHERN ROCKIES TO THE GENERAL PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $96,522

The Museum held the following events and participated in the activities below to promote, educate and inspire current and future generations of people and to generate interest and insight into the...

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The Museum held the following events and participated in the activities below to promote, educate and inspire current and future generations of people and to generate interest and insight into the world of aviation as well as to promote the Museum of Mountain Flying and its projects.The Museum maintained a hangar at the Stevensville airport with expanded storage for artifacts to have a presence in the area where members live. An open house was held to encourage participation. The Red Sleighs Over Montana project focused on children for distribution of gifts. On Memorial Day, the Museum hosted several veterans and their spouses with flights in Miss Montana which culminated in a low pass over the Montana State Veterans' Cemetery in Missoula.The Museum hosted the Marine Corps Ball. In May, Miss Montana was named the State's Airplane during a ceremony in the Museum. The Governor made the presentation and founders Charles Komberec and Kathy Ogren were inducted into the Museum's Hall of Fame. Miss Montana attended the 75th Anniversary of the Twin Falls, Idaho, airport. Miss Montana and crew also visited Choteau and McCall, Idaho airports for the 80th Smokejumpers' anniversary. Lewiston, Idaho was also visited by Miss Montana and crew. The Museum of Mountain Flying & Fishing Camp, organized by Kaye Ebelt was held in July for students who learned about how to identify fish, fishing regulations, construction of a fishing pole, etc., as well as aspects of aviation. The camp was funded through registration fees. Miss Montana and crew attended the Billings Air Show at which the Navy's Blue Angels appeared. An appearance by Miss Montana at the Polson, Montana library also helped the library raise $50,000.In recognition of the passing of founder and board member Charles Komberec, the High Flight Scholarship was created through the Museum to finance a student pilot each year as funds are available. For the fourth year the museum gathered toys, clothing, blankets and other necessities and distributed them to rural communities where families in need had been identified. Several Santa and elf volunteers traveled by plane, helicopter or car to deliver the gifts, which brightened many children's Christmas.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,823
Program Service Revenue $4,034
Investment Income $315
Other Revenue $23,915
TOTAL REVENUE $124,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $96,522
Other Expenses $111,494
TOTAL EXPENSES $111,494

Year-over-Year Comparison

2023 2022 Change
Revenue $124,087 $91,835 +0.4%
Expenses $111,494 $134,081 -0.2%
Net Income $12,593 $-42,246 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
71

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY OGREN Director 2.00
Officer Director
$0 $0 $0
ERIC KOMBEREC President 20.00
Officer Director
$0 $0 $0
CHARLES R KOMBEREC Director 10.00
Director
$0 $0 $0
WILLIAM PAULLIN Director 5.00
Director
$0 $0 $0
PATRICK COLLINS Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $124,087 $111,494 $1,070,319 $12,593
2022 $91,835 $134,081 $1,053,120 $-42,246
2021 $222,792 $92,148 $973,919 $130,644
2020 $66,081 $78,901 $843,275 $-12,820
2019 $492,086 $610,486 $856,095 $-118,400
2018 $315,707 $124,620 $974,495 $191,087
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