Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Who runs it and what they're paid
4 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Inspires young people to reach their potential in aerospace and STEM by creating diverse role models.
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Implement the Aerospace Education STEM Operations Program (AESOP), including the Satellite Tool Kit (STK) application for tracking the International Space Station (ISS). We facilitate community service projects that bring hands-on aerospace education activities to primary and secondary school students.
Masterflight Foundation assists new and established organizations to succeed in achieving their missions. Masterflight Foundation consulting services include corporate governance, strategic planning, organizational development, technical assistance, diversity-equity-and-inclusion, fundraising, program design, operations.
Masterflight Foundation's campaign to end structural racism, sexism, misogyny, homophobia, and transphobia in the Aerospace, Defence, and STEM workforce and academia will impact policies and promote best practices at the top 1000 universities and the top 500 STEM organizations to dismantle this structural phenomenon.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1K | $1K |
| InvestmentsLn 11–13 | $0 | $0 |
| Total assetsLn 16 | $193K | $193K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $193K | $193K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other fees for servicesLn 11g | $43 | $43 | ||
| Information technologyLn 14 | $349 | $349 | ||
| OccupancyLn 16 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $36.1M | $36.1M | $0 | $0 |
| All other expensesLn 24e | $0 | |||
| Total functional expensesLn 25 | $36.1M | $36.1M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 Latest | $0 | $0 | 990 PDF | ||
| FY2021 | $0 | $342 | −$342 | $859 | 990 PDF |
| FY2020 Viewing | $36.1M | $36.1M | $199 | $193K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $36,081,852 across 10 lines filed
Part IX · Statement of functional expenses $36,081,653 across 5 lines filed
Part X · Balance sheet $193,244 assets, 21 lines filed
Part XI · Reconciliation of net assets $193,244 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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