Brunswick Naval Aviation Museum
EIN: 270926866 · Brunswick, ME · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $114K |
| Net Assets | $942K |
Is Brunswick Naval Aviation Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brunswick Naval Aviation Museum
Brunswick Naval Aviation Museum (EIN: 270926866) is a nonprofit organization based in Brunswick, ME, classified under NTEE code A50. The organization reported total revenue of $272K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Naval Aviation Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brunswick Naval Aviation Museum is a small nonprofit that has been operating for 16 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $269K |
| Total Expenses | $114K |
| Surplus / Deficit | +$155K |
| Total Assets | $1.4M |
| Total Liabilities | $447K |
| Net Assets | $942K |
| Operating Margin | 57.6% |
| Debt-to-Asset Ratio | 32.2% |
| Months of Reserves | 146.2 months |
Financial Health Grade: A
In 2023, Brunswick Naval Aviation Museum reported a surplus of $155K with revenue exceeding expenses, holds 146.2 months of operating reserves (strong position), has a debt-to-asset ratio of 32.2% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Brunswick Naval Aviation Museum's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.9% | +26.8% | +36.6% |
| 2022 | +6.7% | +12.2% | +36.5% |
| 2021 | +141.1% | +37.1% | +103.2% |
| 2020 | -16.1% | +42.1% | +62.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brunswick Naval Aviation Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brunswick Naval Aviation Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $155K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.2%.
Frequently Asked Questions about Brunswick Naval Aviation Museum
Is Brunswick Naval Aviation Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Brunswick Naval Aviation Museum (EIN: 270926866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brunswick Naval Aviation Museum spend its money?
Detailed spending breakdown data is not yet available for Brunswick Naval Aviation Museum. Check back for updated IRS 990 analysis.
Are donations to Brunswick Naval Aviation Museum tax-deductible?
Brunswick Naval Aviation Museum is registered as a tax-exempt nonprofit (EIN: 270926866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brunswick Naval Aviation Museum located?
Brunswick Naval Aviation Museum is headquartered in Brunswick, Maine and files with the IRS under EIN 270926866. It is classified under NTEE code A50.
How many years of IRS 990 filings does Brunswick Naval Aviation Museum have?
Brunswick Naval Aviation Museum has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $272K in total revenue.
Filing History
IRS 990 filing history for Brunswick Naval Aviation Museum showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Brunswick Naval Aviation Museum's revenue has grown by 59.7%, moving from $168K to $269K. Total assets increased by 516.5% over the same period, from $225K to $1.4M. Total functional expenses rose by 177.1%, from $41K to $114K. In its most recent filing year (2023), Brunswick Naval Aviation Museum reported a surplus of $155K, with revenue exceeding expenses. The organization holds $447K in liabilities against $1.4M in assets (debt-to-asset ratio: 32.2%), resulting in net assets of $942K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $269K | $114K | $1.4M | $447K | — | — |
| 2022 | $363K | $90K | $1.0M | $222K | — | View 990 |
| 2021 | $340K | $80K | $744K | $223K | — | View 990 |
| 2020 | $141K | $58K | $366K | $4 | — | View 990 |
| 2019 | $168K | $41K | $225K | $506 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $269K, expenses of $114K, and assets of $1.4M (revenue -25.9% year-over-year).
- 2022: Revenue of $363K, expenses of $90K, and assets of $1.0M (revenue +6.7% year-over-year).
- 2021: Revenue of $340K, expenses of $80K, and assets of $744K (revenue +141.1% year-over-year).
- 2020: Revenue of $141K, expenses of $58K, and assets of $366K (revenue -16.1% year-over-year).
- 2019: Revenue of $168K, expenses of $41K, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brunswick Naval Aviation Museum:
Data Sources and Methodology
This transparency report for Brunswick Naval Aviation Museum is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.