Massachusetts Air And Space Museum Inc (EIN 204897472) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Kevin R Currie

Tax Period

2023-01-01 to 2023-12-31

Massachusetts Air And Space Museum Inc, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $274K in total revenue in fiscal year 2023. Revenue surged 289% from the prior year, signaling strong growth momentum. Expenses of $404K exceeded revenue, resulting in a 48% operating deficit.

Mission

To foster, encourage, and advance the education of future generations through the recording and preservation of the history of aviation and space exploration, technology and its kindred and allied arts and sciences, and surviving artifacts.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $232,136

Program Service Revenue $41,311

Investment Income $75

Other Revenue $0

TOTAL REVENUE $273,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,446

Fundraising Expenses $543

Program Expenses $315,393

Other Expenses $335,427

TOTAL EXPENSES $404,416

Year-over-Year Comparison

	2023	2022	Change
Revenue	$273,522	$70,401	+2.9%
Expenses	$404,416	$332,222	+0.2%
Net Income	$-130,894	$-261,821	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Bauer	Director	1.00	Director	$0	$0	$0
Sheila Bauer	Director	1.00	Director	$0	$0	$0
Tom Hiniker	Director	1.00	Director	$0	$0	$0
Albert Mundo	Past Chairman Advisor	1.00	Director	$0	$0	$0
Buzz Gillogly	Past Chairman Advisor	1.00	Director	$0	$0	$0
Lawrence McGlynn	Director	1.00	Director	$0	$0	$0
Michael Farley	Director	1.00	Director	$0	$0	$0
Patricia McGlynn	Director	1.00	Director	$0	$0	$0
Michael Sasso	Director	1.00	Director	$0	$0	$0
Jeffrey DeCarlo	Director	1.00	Director	$0	$0	$0
James N Tamposi III	Treasurer	5.00	Director	$0	$0	$0
Jim Wiegel	VP Finance Clerk	5.00	Director	$0	$0	$0
Robert Segal	Director	5.00	Director	$0	$0	$0
Keith E Young	Director	20.00	Director	$0	$0	$0
Joseph J Dini	Vice Chairperson	10.00	Director	$0	$0	$0
Roland Bud W Breault Jr	Director	1.00	Director	$0	$0	$0
Michael Goulian	Director	1.00	Director	$0	$0	$0
James N Tamposi Jr	Advisor Director Emeritus	1.00	Director	$0	$0	$0
Georgia E Pappas	President	5.00	Director	$0	$0	$0
Kevin R Currie	Chairperson	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$273,522	$404,416	$350,492	$-130,894
2022	$70,401	$332,222	$553,346	$-261,821
2021	$286,585	$229,338	$751,746	$57,247
2020	$370,204	$240,815	$671,101	$129,389

Massachusetts Air And Space Museum Inc