PALM SPRINGS AIR MUSEUM INC (EIN 330615350) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Phone

7607786262

Tax Period

2024-09-01 to 2025-08-31

PALM SPRINGS AIR MUSEUM INC, founded in 1994, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.9M in total revenue in fiscal year 2024. The organization ran a surplus of $1.2M, a strong 21% operating margin.

Mission

TO EDUCATE THE PUBLIC ABOUT THE HISTORY OF WORLD WAR II AND KOREAN AND VIETNAM WARS AIRCRAFT AND ARTIFACTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,208,640

Program Service Revenue $2,348,229

Investment Income $58,005

Other Revenue $334,682

TOTAL REVENUE $5,949,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,133,803

Fundraising Expenses $50,506

Program Expenses $3,483,165

Other Expenses $3,593,059

TOTAL EXPENSES $4,726,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,949,556	$5,906,509	+0.0%
Expenses	$4,726,862	$4,654,934	+0.0%
Net Income	$1,222,694	$1,251,575	0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

304

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

$165,000

Total Directors

$165,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED BELL	Chairman	40.00	Officer Director	$165,000	$0	$165,000
GARY ANNUNZIATA DO	Director	2.00	Director	$0	$0	$0
WILLIAM BRAMER	Treasurer	4.00	Officer Director	$0	$0	$0
DAN GILBERTSON	Chairman	2.00	Officer Director	$0	$0	$0
FRANK CASTNER	Director	2.00	Director	$0	$0	$0
WILLIAM HUGHES	Director	2.00	Director	$0	$0	$0
JAMES KAPLAN	Director	2.00	Director	$0	$0	$0
FRED JANDT	Director	2.00	Director	$0	$0	$0
FREDERICK NOBLE	Chairman	2.00	Director	$0	$0	$0
WILLIAM PAGE MD	Director	2.00	Director	$0	$0	$0
DAVID THOMPSON DDS	Director	2.00	Director	$0	$0	$0
ROD VANDENBOS	Director	2.00	Director	$0	$0	$0
JOHN PARKER	Director	2.00	Director	$0	$0	$0
CARL SCHOLL	Director	2.00	Director	$0	$0	$0
ANDY JESSUP	Director	2.00	Director	$0	$0	$0
VICTOR WOLF	Director	2.00	Director	$0	$0	$0
ROBERT GILLILAND	Director	2.00	Director	$0	$0	$0
TODD HOOKS	Director	2.00	Director	$0	$0	$0
KAREN MILES	Director	2.00	Director	$0	$0	$0
LINDA EVANS	Director	2.00	Director	$0	$0	$0
TIM GOULET	Director	2.00	Director	$0	$0	$0
RICHARD SHALHOUB	Chairman	2.00	Officer Director	$0	$0	$0
GREG FEEST	Director	2.00	Director	$0	$0	$0
JEANNIE LEAVITT	Director	2.00	Director	$0	$0	$0
CRAIG LEAVITT	Director	2.00	Director	$0	$0	$0
TODD MARKER	Director	2.00	Director	$0	$0	$0
GLENN MILLER	Director	2.00	Director	$0	$0	$0
CAROL TALLICHET	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
2025	$5,949,556	$4,726,862	$28,829,135	$1,222,694
2024	$5,906,509	$4,654,934	$25,962,550	$1,251,575
2023	$8,555,974	$4,423,219	$24,632,485	$4,132,755
2022	$5,160,584	$4,006,543	$20,548,882	$1,154,041
2021	$4,065,534	$2,748,596	$19,941,551	$1,316,938
2020	$2,855,881	$2,755,164	$17,945,060	$100,717
2019	$3,840,958	$3,035,214	$17,423,781	$805,744

PALM SPRINGS AIR MUSEUM INC