Cavanaugh Flight Museum
EIN: 753088417 · Denison, TX · NTEE: A57
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $828K |
| Net Assets | $2.0M |
Is Cavanaugh Flight Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cavanaugh Flight Museum
Cavanaugh Flight Museum (EIN: 753088417) is a nonprofit organization based in Denison, TX, classified under NTEE code A57. The organization reported total revenue of $1.2M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cavanaugh Flight Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cavanaugh Flight Museum is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $828K |
| Surplus / Deficit | +$199K |
| Total Assets | $2.2M |
| Total Liabilities | $153K |
| Net Assets | $2.0M |
| Operating Margin | 19.4% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2023, Cavanaugh Flight Museum reported a surplus of $199K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cavanaugh Flight Museum's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +217.5% | -18.8% | -1.7% |
| 2021 | -116.9% | -20.6% | -17.6% |
| 2020 | -64.5% | -57.3% | +0.3% |
| 2019 | +2.0% | -2.1% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cavanaugh Flight 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 Cavanaugh Flight 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 $199K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.1%.
Frequently Asked Questions about Cavanaugh Flight Museum
Is Cavanaugh Flight Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Cavanaugh Flight Museum (EIN: 753088417) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cavanaugh Flight Museum spend its money?
Detailed spending breakdown data is not yet available for Cavanaugh Flight Museum. Check back for updated IRS 990 analysis.
Are donations to Cavanaugh Flight Museum tax-deductible?
Cavanaugh Flight Museum is registered as a tax-exempt nonprofit (EIN: 753088417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cavanaugh Flight Museum located?
Cavanaugh Flight Museum is headquartered in Denison, Texas and files with the IRS under EIN 753088417. It is classified under NTEE code A57.
How many years of IRS 990 filings does Cavanaugh Flight Museum have?
Cavanaugh Flight Museum has 13 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Cavanaugh Flight Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cavanaugh Flight Museum's revenue has declined by 40.5%, moving from $1.7M to $1.0M. Total assets decreased by 47.8% over the same period, from $4.1M to $2.2M. Total functional expenses fell by 49.7%, from $1.6M to $828K. In its most recent filing year (2023), Cavanaugh Flight Museum reported a surplus of $199K, with revenue exceeding expenses. The organization holds $153K in liabilities against $2.2M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $828K | $2.2M | $153K | — | — |
| 2022 | $324K | $1.0M | $2.2M | $389K | — | View 990 |
| 2021 | $-123,262 | $691K | $2.9M | $373K | — | View 990 |
| 2020 | $731K | $871K | $3.6M | $189K | — | — |
| 2019 | $2.1M | $2.0M | $3.6M | $52K | — | View 990 |
| 2018 | $2.0M | $2.1M | $3.6M | $55K | — | View 990 |
| 2017 | $2.3M | $2.3M | $3.7M | $152K | — | View 990 |
| 2016 | $1.9M | $1.9M | $3.6M | $367K | — | View 990 |
| 2015 | $1.9M | $1.9M | $3.6M | $399K | — | View 990 |
| 2014 | $869K | $1.8M | $3.8M | $576K | — | View 990 |
| 2013 | $2.0M | $2.0M | $4.5M | $244K | — | View 990 |
| 2012 | $2.2M | $1.8M | $4.4M | $210K | — | View 990 |
| 2011 | $1.7M | $1.6M | $4.1M | $261K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $828K, and assets of $2.2M (revenue +217.5% year-over-year).
- 2022: Revenue of $324K, expenses of $1.0M, and assets of $2.2M.
- 2021: Revenue of $-123,262, expenses of $691K, and assets of $2.9M (revenue -116.9% year-over-year).
- 2020: Revenue of $731K, expenses of $871K, and assets of $3.6M (revenue -64.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $3.6M (revenue +2.0% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.1M, and assets of $3.6M (revenue -10.6% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $3.7M (revenue +16.7% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $3.6M (revenue +0.1% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $3.6M (revenue +122.8% year-over-year).
- 2014: Revenue of $869K, expenses of $1.8M, and assets of $3.8M (revenue -57.2% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $4.5M (revenue -6.0% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.8M, and assets of $4.4M (revenue +25.0% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cavanaugh Flight Museum:
Data Sources and Methodology
This transparency report for Cavanaugh Flight 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.