Inspiration Space Port

Tax-deductible

Rice, MN501(c)(3)Arts & CultureEIN 99-3127376Revenue $654K in FY2024

On file with the IRSisp.earth40494 County Road 1, 56367-7505 · Rice, MNTax-exempt since May 2025Publicly supported — 509(a)(2)

Tell your story. Claim this org

Inspiration Space Port is set to inspire current and future generations for advancement in science, technology, engineering and mathematics through experiential learning in the fields of Space exploration, discovery, aviation, technical and mechanical engineering.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$654K
Spent
$41K
To programs
97%
Net assets
$613K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $39K Management & general 3% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Inspiration Space Port executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires future generations in STEM through hands-on space exploration and engineering experiences.

Questions for Inspiration Space Port

Tap to ask. Inspiration Space Port sees how many people are interested.

Your first name shows with your question. Inspiration Space Port answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $39K · in their own filed words · FY2024
01

Transfer to minnesota and partial re-assembly of the space shuttle mockup "inspiration".

$39Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$654K
Ln 12
Gifts and grantsLn 1h$653K
Investment incomeLn 3$742
Money outPt IX
$41K
Ln 25
Programscol B$39K
Managementcol C$1K
Owns and owesPt X
$613K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$613K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$653K
Investment incomeLn 3$742
Total revenueLn 12$654K
Assets in detailPt X, end of year
CashLn 1$25K
Cash and savings togetherLn 1–2$25K
Other assetsLn 15$572K
Total assetsLn 16$613K
LiabilitiesLn 26$0
Net assetsLn 32$613K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$25K
Total assetsLn 16$0$613K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$613K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$25K$25K
OccupancyLn 16$5K$5K
Depreciation, depletion and amortizationLn 22$2K$1K$901
InsuranceLn 23$9K$8K$428
Other expenses (24a–d)Ln 24$10$10
Total functional expensesLn 25$41K$39K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $654K$41K$613K$613K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $654,046 revenue, 12 lines filed
I-8 Contributions and grants$653,304
I-9 Program service revenue$0
I-10 Investment income$742
I-11 Other revenue$0
I-12 Total revenue$654,046
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$40,658
I-18 Total expenses$40,658
I-19 Revenue less expenses$613,388
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $654,046 across 4 lines filed
VIII-1f All other contributions, gifts and grants$653,304
VIII-1h Total contributions, gifts and grants$653,304
VIII-3 Investment incomeExcluded from tax $742$742
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $742$654,046
Part IX · Statement of functional expenses $40,658 across 5 lines filed
IX-12 Advertising and promotionPrograms $24,733$24,733
IX-16 OccupancyPrograms $5,000$5,000
IX-22 Depreciation, depletion and amortizationPrograms $1,188 · Management $901$2,089
IX-23 InsurancePrograms $8,398 · Management $428$8,826
IX-24 Other expenses (24a–d)Management $10$10
IX-25 Total functional expensesPrograms $39,319 · Management $1,339 · Fundraising $0$40,658
Part X · Balance sheet $613,388 assets, 8 lines filed
X-1 Cash, non-interest-bearing$25,152
X-14 Intangible assets$15,817
X-15 Other assetsStart of year $0$572,419
X-16 Total assetsStart of year $0$613,388
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictions$613,388
X-32 Total net assets or fund balancesStart of year $0$613,388
X-33 Total liabilities and net assetsStart of year $0$613,388
Part XI · Reconciliation of net assets $613,388 net assets at year end
XI-1 Total revenue$654,046
XI-2 Total expenses$40,658
XI-3 Revenue less expenses$613,388
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$613,388

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.