Calendar Year 2016 44th Annual Report Contents Chair’s Report ........................................................................................................................................................................ 1 President’s Report ................................................................................................................................................................. 3 Capital and Endowment Campaign Cabinet ................................................................................................................................................... 4 Curator & Executive Director Emeritus’ Report .................................................................................................................... 5 Royal Visit ....................................................................................................................................................................................................... 5 Noteworthy Events ......................................................................................................................................................................................... 6 2016 Financial Highlights ................................................................................................................................................................................ 7 Fundraising ..................................................................................................................................................................................................... 8 “Friendraising” ................................................................................................................................................................................................ 8 Volunteers ...................................................................................................................................................................................................... 9 More Thank Yous ............................................................................................................................................................................................ 9 A Fond Farewell ............................................................................................................................................................................................ 10 Key Business Metrics ........................................................................................................................................................... 10 Visitors .......................................................................................................................................................................................................... 10 Gift Shop Sales .............................................................................................................................................................................................. 11 Children’s Paid Programs .............................................................................................................................................................................. 12 Memberships ................................................................................................................................................................................................ 13 Social Media & Marketing ............................................................................................................................................................................ 13 Library & Archives Report .................................................................................................................................................... 14 Library & Archives......................................................................................................................................................................................... 14 Photo Archives.............................................................................................................................................................................................. 15 Restoration’s Report ............................................................................................................................................................ 15 Fairchild FC-2 Razorback ............................................................................................................................................................................... 15 De Havilland Fox Moth ................................................................................................................................................................................. 16 Bellanca Aircruiser ........................................................................................................................................................................................ 16 WACO ........................................................................................................................................................................................................... 17 Exhibits Report ..................................................................................................................................................................... 17 Zoom to Zenith ............................................................................................................................................................................................. 17 Remembrance Day Tribute ........................................................................................................................................................................... 18 From the Archives ........................................................................................................................................................................................ 18 By Popular Demand ...................................................................................................................................................................................... 18 Behind the Scenes ........................................................................................................................................................................................ 19 Treasurer’s Report ............................................................................................................................................................... 20 Consolidated Financial Statements ..................................................................................................................................... 21 Consolidated Statement of Operations ........................................................................................................................................................ 23 Consolidated Statement of Financial Position .............................................................................................................................................. 24 Consolidated Statement of Changes in Net Assets ....................................................................................................................................... 25 Consolidated Statement of Cash Flows ........................................................................................................................................................ 26 Notes to the Consolidated Financial Statements .......................................................................................................................................... 27 Schedule 1 —Consolidated Statement of Other Income and Expenses ........................................................................................................ 34 Schedule 2— Consolidated Statement of Special Projects Transactions ...................................................................................................... 35 2016 Board of Directors ....................................................................................................................................................... 36 Cover photo | June 22, 2016 Royal Visit (left to right) Premier of Manitoba, Mr. Brian Pallister and Mrs. Esther Pallister; Their Royal Highnesses, The Earl and Countess of Wessex; the Lieutenant Governor of Manitoba, the Honourable Janice C. Filmon and the Honourable Gary A. Filmon: Mrs. Heather Richardson and Mr. Hartley Richardson. Photo: Tracey Goncalves, Manitoba Government Photographer Chair’s Report BRUCE D. EMBERLEY, C.E.T. 2016 has been another eventful year in our quest to secure a new home and continue our existence, but before I remark on the year that was, I wish to start with an event that occurred near the end of the year. Shirley Render, our Executive Director since late 2002, has relinquished the reins so to speak and has transitioned to a new part-time role as Curator and Executive Director Emeritus. After many years of long days and many weekends as Executive Director, Shirley will focus on the Curator’s role, a role she also filled while being Executive Director, and which puts her great knowledge of Canadian aviation history to good use. Before becoming Executive Director, she also served in a number of volunteer roles including as President and as a Board Member. Shirley has been the driving force behind the museum since she assumed the Executive Director