MID ATLANTIC AIR MUSEUM (EIN 232159370) - 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

1980

Legal Domicile

Principal Officer

RUSSELL STRINE

Phone

6103727333

Tax Period

2023-01-01 to 2023-12-31

MID ATLANTIC AIR MUSEUM, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $813K in total revenue in fiscal year 2023. Expenses of $755K left a modest 7% surplus.

Mission

THE MID ATLANTIC AIR MUSEUM WAS ORGANIZED TO ENSURE THE PROFESSIONAL STEWARDSHIP OF A COLLECTION THAT REFLECTS THE HISTORY OF AVIATION AND TO ENHANCE THE PUBLIC'S APRECIATION AND UNDERSTANDING OF THAT HISTORY.

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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 $258,894

Program Service Revenue $4,610

Investment Income $1,279

Other Revenue $548,243

TOTAL REVENUE $813,026

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,583

Fundraising Expenses $0

Program Expenses $685,603

Other Expenses $520,075

TOTAL EXPENSES $754,728

Year-over-Year Comparison

	2023	2022	Change
Revenue	$813,026	$843,194	0.0%
Expenses	$754,728	$683,282	+0.1%
Net Income	$58,298	$159,912	-0.6%

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

$89,600

Total Directors

$89,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL STRINE	CHAIRMAN	40.00	Officer Director	$89,600	$0	$89,600
JAMES PUSATERI	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY ARENTZ	DIRECTOR	2.00	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	$813,026	$754,728	$6,129,940	$58,298
2022	$843,194	$683,282	$6,120,360	$159,912
2021	$831,220	$654,615	$6,000,647	$176,605
2020	$400,145	$574,194	$5,929,207	$-174,049
2019	$706,741	$560,186	$6,086,540	$146,555
2018	$517,831	$588,948	$5,970,476	$-71,117

MID ATLANTIC AIR MUSEUM