KANSAS AVIATION MUSEUM INC

EIN: 481089259 501(c)(3) Arts, Culture & Humanities

WICHITA, KS

Total Revenue
$882,292
Total Expenses
$826,780
Total Assets
$1,709,198
Net Assets
$1,549,921
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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
1991
Legal Domicile
KS
Phone
3107505301
Tax Period
2023-01-01 to 2023-12-31

KANSAS AVIATION MUSEUM INC, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $882K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $827K left a modest 6% surplus.

Mission

The mission of the Kansas Aviation Museum is to connect Kansass aviation history to an innovative future for all.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $631,218
Program Service Revenue $101,478
Investment Income $4,951
Other Revenue $144,645
TOTAL REVENUE $882,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $304,492
Fundraising Expenses $0
Program Expenses $309,857
Other Expenses $522,288
TOTAL EXPENSES $826,780

Year-over-Year Comparison

2023 2022 Change
Revenue $882,292 $788,206 +0.1%
Expenses $826,780 $696,733 +0.2%
Net Income $55,512 $91,473 -0.4%
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

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Governance

Voting Members
20
Independent Members
20
Employees
12
Volunteers
40

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
0
$0
Total Directors
20
$0
Key Employees
1
$85,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN SAUCEDA PRESIDENT 40.00
Key Emp Highest
$85,000 $0 $85,000
RANDY HARDY CHAIRMAN 2.00
Director
$0 $0 $0
MELISSA LIBY VICE CHAIRMAN 2.00
Director
$0 $0 $0
JEFF VAUGHN SECRETARY 2.00
Director
$0 $0 $0
SHAWN RILEY TREASURER 2.00
Director
$0 $0 $0
LIONEL ALFORD JR TRUSTEE 1.00
Director
$0 $0 $0
TRAVIS BLOOM TRUSTEE 1.00
Director
$0 $0 $0
TIM BONNELL TRUSTEE 1.00
Director
$0 $0 $0
MIKE HOHEISEL TRUSTEE 1.00
Director
$0 $0 $0
ALAN KENNEDY TRUSTEE 1.00
Director
$0 $0 $0
LAURA LOMBARD TRUSTEE 1.00
Director
$0 $0 $0
CHRIS MCELGUNN TRUSTEE 1.00
Director
$0 $0 $0
JOEL RODELL TRUSTEE 1.00
Director
$0 $0 $0
JESSE ROMO TRUSTEE 1.00
Director
$0 $0 $0
ZACH ROTH TRUSTEE 1.00
Director
$0 $0 $0
RON RYAN TRUSTEE 1.00
Director
$0 $0 $0
ALICIA SANCHEZ TRUSTEE 1.00
Director
$0 $0 $0
KIRK SHORT TRUSTEE 1.00
Director
$0 $0 $0
TODD TIAHRT TRUSTEE 1.00
Director
$0 $0 $0
LARRY VAN HORN TRUSTEE 1.00
Director
$0 $0 $0
DAVID WEISHAAR TRUSTEE 1.00
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 $882,292 $826,780 $1,709,198 $55,512
2022 $788,206 $696,983 $1,666,131 $91,223
2021 $357,628 $370,796 $1,578,838 $-13,168
2020 $323,288 $491,072 $1,611,193 $-167,784
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