Return-Path: Received: from heron.mail.pas.earthlink.net ([207.217.120.189] verified) by logan.com (CommuniGate Pro SMTP 4.1) with ESMTP id 2510818 for flyrotary@lancaironline.net; Mon, 04 Aug 2003 07:01:40 -0400 Received: from h-68-164-13-160.chcgilgm.covad.net ([68.164.13.160] helo=barrygardner) by heron.mail.pas.earthlink.net with asmtp (Exim 3.33 #1) id 19jd5v-00075j-00 for flyrotary@lancaironline.net; Mon, 04 Aug 2003 04:01:39 -0700 Message-ID: <04d301c35a77$c2008d50$6401a8c0@barrygardner> Reply-To: "Barry Gardner" From: "Barry Gardner" To: "Rotary motors in aircraft" References: Subject: Re: [FlyRotary] Re: Oshkosh report Date: Mon, 4 Aug 2003 06:01:28 -0500 MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_04D0_01C35A4D.D88B8630" X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 6.00.2800.1106 X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2800.1106 X-ELNK-Trace: 35113b5cbbf614506e07e7704c03dc60f402879cecb40bd5ebe3693e2c6113020fb21e36bfeb635c7e74e8a577131320350badd9bab72f9c350badd9bab72f9c This is a multi-part message in MIME format. ------=_NextPart_000_04D0_01C35A4D.D88B8630 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Guys,=20 This topic is a bit far afield from our interest in rotary engines = however I thought I'd kick in what I know. I work as a management consultant to non-profits. You should know, if = this is an area of interest to you, that EAA's tax return is on-line at = www.guidestar.org. Publicly available tax returns are part of the price = one pays in order to be granted non-profit status by the IRS. The .pdf file containing EAA's 2002 IRS 990 tax return is = http://documents.guidestar.org/2002/390/917/2002-390917537-1-9.pdf. You have to register to view the file but it costs nothing to register. Here are some of the significant stats: Paul P's salary: $78,471 Tom P's salary: $179,317 + $26,964 in benefit payments Chief marketing guy, Stephan Brown's salary: $205K + $22K benefits Chief financial officer, Jerome Strigler's salary: $152K + $19K benefits Some major numbers from the income statement: Sport Aviation and Experimenter subscriptions and ad revenue: $2.5 = million Fly-in registration revenue: $3.4 million Fly-in booth rental: $2.6 million EAA membership fees: $5.9 million Total revenue for 2002: $17.9 million According to their tax return, they spent $213,552 more than came in = that year. You can satisfy most of your curiosity about how the numbers work at EAA = by looking at the tax return. Barry Gardner Wheaton, IL ----- Original Message -----=20 From: Michael D. Callahan=20 To: Rotary motors in aircraft=20 Sent: Sunday, August 03, 2003 11:48 AM Subject: [FlyRotary] Re: Oshkosh report "But it is the emphasis that is all wrong. The homebuilds, the = innovative, the one of a kind, and the associated issues and activities = should be the centerpiece; and the other stuff can gather around. = Otherwise it is no longer the EAA; and it is not living up to its name." The problem is that the homebuilts, the one-of-a-kinds, and = associated activities don't bring in as much money as the warbirds and = the airshow. MONEY is now the primary driving factor of the whole EAA, = Airventure organization. We, the members with less than $ .5 million in = our checking account, and those who don't have a P-51 and an Extra 300 = or Giles or two out in the backyard hangar, are just in the way... = although our continuous flow of funds is appreciated by those who are in = charge of this "non-profit" organization (Tom Poberezny). Our planes and = ideas are just filler material to make the whole thing look bigger so = more people come, so they make more money. Just take the average few years attendance of 750K people and = multiply it times a McDonald's 1/4lb cheeseburger at $4 and the truth = will be revealed. Then do that with the admission charges, the camping, = EAA merchandising, etc.... They are making MILLIONS OF DOLLARS IN ONE = WEEK! and that's not including EAA annual memberships and dues. Now look at what we, the members get out of our EAA membership. We = get the honor of being able to attend this event and give them more = money, we get a half-assed version of "Flying" magazine with very little = pertaining to actually working on or building your own airplane (unless = it's the latest $150K factory fast-build kit), and we get the benefit of = joining a local chapter, where we may actually gain something of value = in terms of help and knowledge from people who, like us, do not make a = red cent off this deal. Now look at what is spent on the EAA museum, the supposed = beneficiary of this whole thing (a very nice museum, but not what it = could be if the total funds recieved were available), and then look at = poor old Tommy P. He slaves away day after day making sure things are = going in the right direction for this once a year money-making event, = taking only enough time the rest of the entire year to flit around in = his P-51, or any of his other stable of aircraft. He is a = multi-millionare thanks to us. Not only that, but practically ALL the labor for this HIGH DOLLAR = show is not just volunteers... THEY HAVE PAID TO VOLUNTEER! Even at our = little local airshow, we wouldn't DREAM of charging those who give = freely of their time for walking through the gate to do so. That is why, = when I go up there, I don't even CONSIDER helping out as a "volunteer". Maybe Tommy and the crowd should get together with somebody like = Oral Roberts and make a real killing..like they haven't already. Mike C. ------=_NextPart_000_04D0_01C35A4D.D88B8630 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Guys,
 
This topic is a bit far afield from our = interest in=20 rotary engines however I thought I'd kick in what I know.
 
I work as a management consultant to = non-profits.=20 You should know, if this is an area of interest to you, that EAA's tax = return is=20 on-line at www.guidestar.org. = Publicly=20 available tax returns are part of the price one pays in order = to=20 be granted non-profit status by the IRS.
 
The .pdf file containing EAA's 2002 IRS = 990 tax=20 return is http://documents.guidestar.org/2002/390/917/2002-390917537-1-9.pdf= .
 
You have to register to view the file = but it costs=20 nothing to register.
 
Here are some of the significant=20 stats:
Paul P's salary: $78,471
Tom P's salary: $179,317 + $26,964 in = benefit=20 payments
Chief marketing guy, Stephan Brown's = salary: $205K=20 + $22K benefits
Chief financial officer, Jerome = Strigler's salary:=20 $152K + $19K benefits
 
Some major numbers from the income=20 statement:
Sport Aviation and Experimenter = subscriptions and=20 ad revenue: $2.5 million
Fly-in registration revenue: $3.4=20 million
Fly-in booth rental: $2.6 = million
EAA membership fees: $5.9 = million
 
Total revenue for 2002: $17.9 = million
According to their tax return, they = spent $213,552=20 more than came in that year.
 
You can satisfy most of your curiosity = about how=20 the numbers work at EAA by looking at the tax return.
 
Barry Gardner
Wheaton, IL
----- Original Message -----
From:=20 Michael D. Callahan =
Sent: Sunday, August 03, 2003 = 11:48=20 AM
Subject: [FlyRotary] Re: = Oshkosh=20 report

"But it is the emphasis that is all = wrong.  The homebuilds, the innovative, the one of a kind, and = the=20 associated issues and activities should be the centerpiece; and the = other=20 stuff can gather around.  Otherwise it is no longer the EAA; and = it is=20 not living up to its name."
 
    The problem is that the = homebuilts, the=20 one-of-a-kinds, and associated activities don't bring in as much money = as the=20 warbirds and the airshow. MONEY is now the primary driving factor of = the whole=20 EAA, Airventure organization. We, the members with less than $ .5 = million in our checking account, and those who don't = have a=20 P-51 and an Extra 300 or Giles or two out in the backyard hangar, = are=20 just in the way... although our continuous flow of funds is = appreciated=20 by those who are in charge of this "non-profit" organization (Tom = Poberezny).=20 Our planes and ideas are just filler material to make the whole thing = look=20 bigger so more people come, so they make more money.
    Just take the average few years = attendance of 750K people and multiply it times a McDonald's 1/4lb=20 cheeseburger at $4 and the truth will be revealed. Then do that with = the=20 admission charges, the camping, EAA merchandising, etc.... They are = making=20 MILLIONS OF DOLLARS IN ONE WEEK! and that's not including EAA annual=20 memberships and dues.
    Now look at what we, the = members get out=20 of our EAA membership. We get the honor of being able to attend this = event and=20 give them more money, we get a half-assed version of "Flying" magazine = with=20 very little pertaining to actually working on or building your own = airplane=20 (unless it's the latest $150K factory fast-build kit), and we get the = benefit=20 of joining a local chapter, where we may actually gain something of = value in=20 terms of help and knowledge from people who, like us, do not make a = red cent=20 off this deal.
    Now look at what is spent on = the EAA=20 museum, the supposed beneficiary of this whole thing (a very nice=20 museum,  but not what it could be if the total funds recieved = were=20 available), and then look at poor old Tommy P. He slaves away day = after day=20 making sure things are going in the right direction for this once a = year=20 money-making event, taking only enough time the rest of the entire=20 year to flit around in his P-51, or any of his other stable of = aircraft.=20 He is a multi-millionare thanks to us.
    Not only that, but practically = ALL the=20 labor for this HIGH DOLLAR show is not just volunteers... THEY = HAVE PAID=20 TO VOLUNTEER! Even at our little local airshow, we wouldn't DREAM of = charging=20 those who give freely of their time for walking through the gate to do = so.=20 That is why, when I go up there, I don't even CONSIDER helping out as = a=20 "volunteer".
    Maybe Tommy and the crowd = should get=20 together with somebody like Oral Roberts and make a real killing..like = they=20 haven't already.  Mike C.
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