THE AVIATION MUSEUM OF KENTUCKY INC
4029 Airport Rd Ste 100
Lexington KY 40510
Contact Information
Nonprofit THE AVIATION MUSEUM OF KENTUCKY INC
Address 4029 Airport Rd Ste 100
Lexington, KY 40510
Phone (859) 231-1219
Contact Name Jim McCormick
At A Glance
IRS Ruling Year 1984
Other ways to donate, support, or volunteer
In addition to financial support and in-kind donations, the Museum depends to a large degree on Volunteer help. With only two paid staff positions, there exists opportunties for serving at various capacities and areas: Docents ( tour guides),aircraft restoration , cataloging, museum front desk greeter, library support , grounds/maintenance/landscaping,special events volunteer. In addtion to leadership and volunteer opportunities,the Museum has a number of membership opportunities available to support our opertional needs. From Individual membership ($30 per year), Family membership ($40 per year) , Life Membership - ($1000) which may be paid incrementaly over a series of years , and Student Membership ($10 per year)-below the age of 18 and full time student .
Membership offers a free subscription to our monthly Museum newsletter, membership card and pin, free admission during normal museum hours ( does not include the cost of special events or visiting aircraft), and voting rights at annual meeting
Financial Summary
 
 
Statements
Mission Statement
The Mission of the Aviation Museum Of Kentucky is to serve the Commonwealth with dynamic aerospace education programs, to promote the states aviation industry, and to serve as Kentucky's focal point for the presentation of Aviation History.
Background Statement
The Museum originally began as an informal gathering  of aviation enthusiasts known as the Kentucky Aviation History Round Table, formed in 1978. In 1981 the Museum was officially incorporated, and in 1984 was granted 501(c)3 status as a non-for-profit organization.  After years of planning and a modest collection of aircraft, the Museum officially opened its doors in 1995 as the  designated State Museum for Aviation. This ribbon cutting opening occurred in conjunction of the "Doolittle Raid" anniversary, and convention which was held in Lexington to commemorate that historic raid during WWII, and to recognize the service personnel still living and in attendance.
Over the years additional aircraft and exhibits were added to a growing collection of vintage and military aircraft at the Museum..
By resolution of the States General Assembly, the Museum received  designation in 1994 as the State's official " Hall Of Fame" for aviation , and in 2004 as the State's official "Museum for Aviation.
In 2010 the Museum moved to its current location with two large hangars and over 20,000 square feet of floor space.From a 1908 Quadra-plane to an F-14 Tomcat, the Museum has grown to acquire or have on-loan over 50 aircraft and exhibits, which provides an excellent glimpse into aviation's storied past. 
 
Impact Statement
In 2014, The Aviation Museum successfully completed its Summer Aviation Camp for youth with over 300 students in attendance State Wide.  
 The Museum once again hosted its Academy days, which nearly 100 interested High School Students attended, in order to gain a perspective of the various military branch academies.
As part of our continuing presentations and programs for the public, the Museum hosted an air educational expo with over 2,000 visitors in attendance.  These aircraft provide the public with an excellent glimpse into the past with aircraft they can tour and for a fee can take rides in these aircraft.
In 2015, we will once again invite organizations such as the Collings Foundation and Commemorative Air Force to provide various vintage Aircraft for show and flight opportunities for the public .
Another exciting collaboration will include working with the Naval Cadet program; a one week program in the summer hosted at the Museum, and where the training provided will prepare cadets for FAA Certification.
 
Needs Statement
As stated previously the Museum is staffed almost entirely by Volunteers and a very active Board. However with its desire to accomplish much more in terms of education, and securing historical aircraft and exhibits, the Museum has a need for adding staff, including but not limited to Director of Development, Permanent Instructors, and the needed  finances to purchase specific items that will add to our aviation legacy.
CEO/Executive Director Statement
At its core, the Aviation Museum serves as an educational source of information for the general public.Our greatest generational focus is given towards educating our youth and providing them with an excellent introduction into Aviation's rich legacy, and the opportunities that await those interested in pursuing a possible career in this field. During summer camp we typically are informed by parents and children alike that this was one of their most memorable experiences of their lives. For many youth this has become the springboard, and incubator for pursuing either a career in the industry or interest in the Military with a focus on aviation opportunities.
What makes us unique is the opportunity for visitors to get up front and close to a variety of aircraft that they normally would not be able to see. As a result of  more strict FAA regulations, it is difficult to see planes as we once could. In addition to the Aircraft we have on display and visiting vintage aircraft, the Museum is in a unique position to allow visitors the opportunity to step out side in a fenced-in viewing area to view aircraft out on an active Airfield,where both private and commercial aircraft can be seen taxing on the nearby run-ways.
Another great component of our Museums mission is keeping history alive through our Annual "Hall Of Fame "Enshrinement dinner program. Each year a select number of  individuals are inducted into the "Kentucky Aviation Hall Of Fame" in recognition of their Kentucky connection and contributions to Aviation. With hundreds of nominations each year this task can be daunting. From Matthew Sellers who first patented wheels on an airplane in 1908, to Solomon Lee Van Meter who invented the pack parachute, to our own Rosie the Riveter, and Willa  Brown Chapell, an African American who trained the Famous Tuskegee Airmen of WWII, and John Paul Riddle who founded Embry Riddle University ,there are many Kentuckians whose storied past have gone untold for too long. It is our goal to always give focus to such notable individuals, with an eye towards inspiration of our youth that they too can endeavor to do great things in Aviation. 
 
Service Categories
Secondary Organization Category Public & Societal Benefit /
Tertiary Organization Category Youth Development /
Geographic Areas Served
Areas
Kentucky
The Aviation Museum of Kentucky is the State's officially designated Museum for Aviation. Primarily visitors come from the Bluegrass region, and secondarily from throughout the state. The Museum however has been host to visitors from all 49 remaining States ,and over 80 different countries
Board Chair
Board Chair Mr Jim McCormick
Company Affiliation The Jockey Club
Term Jan 2012 to Dec 2016
Board Members
NameAffiliationStatus
Mr Ronnie Bastin LFUCG Division Of PoliceVoting
Mr Lewis Bosworth University Of KentuckyVoting
Mr Gary Campbell CPAVoting
Mr Rocky Fazzalaro RetiredVoting
Dr George Gumbert RetiredVoting
Mr Jerry Landreth RetiredVoting
Mr Gary Lowe LFUCG Division of Police (retired)Voting
Mr. William McKinney RetiredVoting
Ms Betty Murphy AvisVoting
Mr Ed Murphy RetiredVoting
Ms Margie Riggs Presentaion SolutionsVoting
Mr Robert Riggs Riggs Sales and ServiceVoting
Ms Ali Robinson Information Program Director
Mr Marty Schadler Advertisment and PromotionVoting
Mr Bobby Scroggins University of KentuckyVoting
Ms Barbara Sellers Administrative AssistantVoting
Mr TG Shuck Ney York Life InsuranceVoting
Dr Tim Smith Ky Institute for Aerospace EducationVoting
Mr Ron Spriggs RetiredVoting
Mr Doug Steele Steelmetrics Financial Consultants
Mr Alan Stein Stein GroupVoting
Mr Roger Storch Blue Star PlasticsVoting
Mr. Gerry van derMeer RetiredVoting
Board Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 0
Caucasian 22
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 21
Female 4
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 0%
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Under Development
Percentage Making Monetary Contributions 70%
Percentage Making In-Kind Contributions 90%
Number of Full Board Meetings Annually 4
Board Co-Chair
Board CoChair mr Mike Malone
Company Affiliation Retired
Term Jan 2012 to Dec 2016
Comments
CEO Comments
The Museum has extensive "By-laws" in place towards governance of the Organization, which were most recently revised and updated in September 2012.
It is a goal fo the Mueseum to have in place by year-end 2014 many of the policies recomended by Good Giving.net for nonprofit organizations, such as Conflict of Interest Policy, Board Selection Policy, etc. which are currently under development
CEO/Executive Director
Executive Director Mr David Carey Riggins
Term Start May 2014
Email david@aviationky.org
Experience

Executive-level leader, 35+ years of professional, diverse experience, private and public sectors (aviation, broadcasting, health care, education, workforce development, public transit industries). Strong record of team leadership and community service and specific expertise in communications, public relations, marketing, business development, customer service initiatives, and non-profit management.  Excellent writing, interpersonal and public presentation skills, complemented by a collaborative and relationship-building approach.

 

PROFESSIONAL HISTORY

·         President/COO

AVIATION MUSEUM OF KENTUCKY, INC.

Lexington, KY 2014-Present

 

·         INDEPENDENT PR CONSULTANT

London-Corbin, KY 2009-2014

 

·         Director, Community Affairs

LEXINGTON TRANSIT AUTHORITY (LEXTRAN)

Lexington, KY 2005-2009

 

·         Executive Director, Communications

Education Cabinet, Commonwealth of Kentucky

Frankfort, KY 2004

 

·         Executive Director

LEXINGTON PARTNERSHIP FOR WORKFORCE DEVELOPMENT, INC.

Lexington, KY 1998-2003

 

·         Director, Community/Public Relations

SAINT JOSEPH HOSPITAL

Lexington, KY 1991-1998

 

·         News Director/News Anchor

WVLK AM/FM

Lexington, KY 1981-1991

 

·         News Director

WCBR AM/FM

Richmond, KY 1979-1981

 

Staff
Full Time Staff 1
Part Time Staff 1
Volunteers 35
Contractors 5
Retention Rate 90%
Management Reports to Board? Yes
Staff Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 2
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Staff Demographics - Gender
Male 1
Female 1
Unspecified 0
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation N/A
Senior Management Formal Evaluation Frequency N/A
NonManagement Formal Evaluation No
Non Management Formal Evaluation Frequency N/A
Description
An important part of the Aviation's Museum is to inspire and educate young people about aviation's career potential. The Summer Camp gives 10-15 year old youth a hands-on introduction to flight. Every Year, hundreds of youngsters study flight with our professional educators, including a flight aloft with licensed instructors. For some it's a summer adventure. For others, this is the start of a lifelong career or a satisfying hobby. Through the Museum's scholarship program, nearly a third of all campers attend free. With community support the Museum expanded its summer camps statewide over the years In addtion to Lexington, Camps have been held in Bowling Green, Hazard, Louisville, and Pikeville
Budget 56299
Category Education, General/Other
Population Served Adolescents Only (13-19 years), ,
Program Short Term Success
It is both our experience and contiued expectation that youth attending AMK's summer camp will give consideration in  furthering their education in High School studies which coincide with STEM programs, through and including University programs offering degrees in Aviation .
Program Long term Success
As a result of increased numbers of retirees expected with the "Boomers" generation, an ever growing backlog of Aviation related jobs is qucikly becoming a concern for the industry. Our Summer Camp has become an incubator in providing information and interest for youth to pursue possible carreers. In addition to the Major Airline Passenger service , Business Aviation is essential to tens of thousands of Companies of all types and sizes that must compete in a marketplace. Many companies use business aircraft to transport priority cargo such as the equine industry here in Kentucky. It is our hope to see AMK grow in its capacity to include greater numbers of interested youth attend educational mediums at our Museum. The majority of the worlds business aircraft are operated, serviced, and maintained in the U.S. creating numerous jobs in every state of the nation.
Program Success Monitored By
We know that over 4700 youth have attended our Summer programs since its inception in 1995. We currently however do not have a method in place of monitoring the number of youth who have successfully pursued carreers in Aviation. We do know from those who have frequently contacted us ,when returning to visit the Musuem, that many have commented that the seed for their interest in an Aviation Carreers was planted in Summer Camp
Examples of Program Success
From Students who attend EKU , to Major Airline Pilots, to individuals working at Blue Grass Airport, we frequently have learned that their start began with AMK's summer Camp
Program Comments
CEO Comments
As an organization that serves in both an educational capacity and preserves Aviation history,  the general public regretably is not as aware of our presence as we would hope for, nor our organizations important state wide role in Aviation or its many contributions to our community. Considering that much of our funding is through Membership dues and Visitors entrance fees to the Museum, we have been able to exist on a very limited budget.  With only one full time staff position in the Presidents position ,and one other part time staff for mainly administrative duties, the Museum depends greatly on the support and time given by a host of Volunteers who capably serve in various capacities. We contiue to pursue other avenues for increasing financial resources, including rental of our facilities for Company meetings, Weddings, Holiday Parties or other social events, and more frequently with non-for-profit fundraising events.We truly view our Museum as a special facility that can cater to a diversity of needs for the public.
Plans & Policies
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Under Development
Management Succession Plan? No
Organization Policy and Procedures No
Nondiscrimination Policy Under Development
Whistleblower Policy No
Document Destruction Policy No
Government Licenses
Is your organization licensed by the Government? No
Fiscal Year
Fiscal Year Start Jan 01, 2015
Fiscal Year End Dec 31, 2015
Projected Revenue $250,000.00
Projected Expenses $232,600.00
Endowment Value $318,328.00
Spending Policy N/A
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201420132012
Foundation and
Corporation Contributions
------
Government Contributions$731$0$0
Federal------
State------
Local------
Unspecified$731$0--
Individual Contributions$69,884$66,770$45,265
--$0--
$117,833$137,567$133,028
Investment Income, Net of Losses$24,712$22,715$20,621
Membership Dues$5,430$8,645$6,100
Special Events($3,261)$3,412($2,945)
Revenue In-Kind$5,747$2,715--
Other--$949$1,300
Expense Allocation
Fiscal Year201420132012
Program Expense$146,594$153,743$129,901
Administration Expense$27,782$31,379$25,089
Fundraising Expense$11,099$12,884$9,996
Payments to Affiliates------
Total Revenue/Total Expenses1.381.211.23
Program Expense/Total Expenses79%78%79%
Fundraising Expense/Contributed Revenue16%18%24%
Assets and Liabilities
Fiscal Year201420132012
Total Assets$1,042,832$861,952$738,328
Current Assets$205,489$132,384$157,785
Long-Term Liabilities--$0--
Current Liabilities--$213$569
Total Net Assets$1,042,832$861,739$737,759
Form 990s
2014 990
2014 9902014GG
2013 990 2013
2012 990 2012
2011 2011 990
2010 2010 990
2009 990EZ 2009
2008 Form 990
Capital Campaign
Currently in a Capital Campaign? Anticipated In 3 Years
Campaign Purpose It is the Goal of the Museum board to review a plan this year, towards intitiating a future Capital Campaign by 2014, towards Educational needs and Aviation exhibits
Goal $100,000,000.00
Dates Jan 2014 to Dec 2015
Amount Raised To Date 318328 as of Jan 2012
Capital Campaign Anticipated in Next 5 Years? Yes
State Registration Yes
Comments
CEO Comments
The Museum has a multi-year lease in place for the facilities which the  Museum leases from Blue Grass Airport, and which terminates in November 2017. We have a very positive working relationship established with the Airport Board and its officers. While discussions and a study have transpired in the past regarding the possibility of the Museum eventually building our own facilities somewhere on the Airport property, the projected costs and limited financial resources available makes this an unlikely scenario at any point in the near future. As such our Capital Dollars are deemed more important in terms of  the needs we have in providing better educational tools, equipment, and facilites within the existing Museum, and especially as Education is such a key component of our Mission.
We also must have  sufficient endowment funds in place for the acquisition of  additional Vintage aircraft and exhibits critical to continually enhancing the history of Aviation, and our current inventory of Aircraft and exhibit items.
 
Foundation Staff Comments
The Aviation Museum submitted the 990EZ in 2009. Expense breakdowns for 2009 were provided by the organization.  In 2009, the Aviation Museum notes that administration expenses include $609,817 for engineering costs. These were provided by a state grant in prior years.
 
Address 4029 Airport Rd Ste 100
Lexington, KY 40510
Primary Phone 859 231-1219
Contact Email president@aviationky.org
CEO/Executive Director Mr David Carey Riggins
Board Chair Mr Jim McCormick
Board Chair Company Affiliation The Jockey Club