AIRPOWER MUSEUM INC (EIN 426089512) - 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

1964

Legal Domicile

Principal Officer

BRENT TAYLOR

Phone

6419382773

Tax Period

2023-01-01 to 2023-12-31

AIRPOWER MUSEUM INC, founded in 1964, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $98K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Net assets of $2.8M represent 343 months of operating reserves.

Mission

TO PRESERVE AVIATION HERITAGE AS WELL AS EDUCATE BOTH PRESENT AND FUTURE GENERATIONS ABOUT THAT HERITAGE.

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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 $43,655

Program Service Revenue $0

Investment Income $24

Other Revenue $53,972

TOTAL REVENUE $97,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,324

Other Expenses $94,982

TOTAL EXPENSES $94,982

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,651	$102,979	-0.1%
Expenses	$94,982	$74,498	+0.3%
Net Income	$2,669	$28,481	-0.9%

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

N/A

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
CHUCK BARTH	DIRECTOR	N/A	Director	$0	$0	$0
DAVE JACKSON	DIRECTOR	N/A	Director	$0	$0	$0
JOHN ROSS	DIRECTOR	N/A	Director	$0	$0	$0
PAT SCHMITZ	DIRECTOR	N/A	Director	$0	$0	$0
BOB SWINT	DIRECTOR	N/A	Director	$0	$0	$0
JOSH TRAIL	DIRECTOR	N/A	Director	$0	$0	$0
STEVE ADKISSON	PRESIDENT	N/A	Officer	$0	$0	$0
CINDY DEWILD	TREASURER	N/A	Officer	$0	$0	$0
AARON KLUGHERZ	SECRETARY	N/A	Officer	$0	$0	$0
DAN QUINN	VICE PRESIDE	N/A	Officer	$0	$0	$0
BRENT TAYLOR	CHAIRMAN	N/A	Officer	$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	$97,651	$94,982	$2,793,318	$2,669
2022	$102,979	$74,498	$2,790,650	$28,481
2021	$131,655	$64,615	$2,762,168	$67,040
2020	$73,039	$55,465	$2,690,548	$17,574
2019	$125,338	$81,614	$2,671,180	$43,724
2018	$81,152	$64,432	$2,627,025	$16,720

AIRPOWER MUSEUM INC