Heritage Museum Foundation At Grissom Air Force Base Indiana
EIN: 351519490 · Peru, IN · NTEE: A540
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $261K |
| Net Assets | $579K |
Is Heritage Museum Foundation At Grissom Air Force Base Indiana Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heritage Museum Foundation At Grissom Air Force Base Indiana
Heritage Museum Foundation At Grissom Air Force Base Indiana (EIN: 351519490) is a nonprofit organization based in Peru, IN, classified under NTEE code A540. The organization reported total revenue of $357K and total assets of $626K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Museum Foundation At Grissom Air Force Base Indiana's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Museum Foundation At Grissom Air Force Base Indiana is a small nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275K |
| Total Expenses | $261K |
| Surplus / Deficit | +$14K |
| Total Assets | $586K |
| Total Liabilities | $7K |
| Net Assets | $579K |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 26.9 months |
Financial Health Grade: A
In 2023, Heritage Museum Foundation At Grissom Air Force Base Indiana reported a surplus of $14K with revenue exceeding expenses, holds 26.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Heritage Museum Foundation At Grissom Air Force Base Indiana's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.3% | +12.7% | +2.6% |
| 2022 | -16.8% | +23.3% | +1.6% |
| 2021 | +8.7% | -8.8% | +21.1% |
| 2020 | -28.9% | -10.5% | +14.6% |
| 2019 | +81.4% | +21.5% | +53.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heritage Museum Foundation At Grissom Air Force Base Indiana 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 Heritage Museum Foundation At Grissom Air Force Base Indiana 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 $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Heritage Museum Foundation At Grissom Air Force Base Indiana
Is Heritage Museum Foundation At Grissom Air Force Base Indiana a legitimate charity?
Heritage Museum Foundation At Grissom Air Force Base Indiana (EIN: 351519490) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $357K. No red flags identified. Financial health grade: A.
How does Heritage Museum Foundation At Grissom Air Force Base Indiana spend its money?
Heritage Museum Foundation At Grissom Air Force Base Indiana reported $357K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heritage Museum Foundation At Grissom Air Force Base Indiana tax-deductible?
Heritage Museum Foundation At Grissom Air Force Base Indiana is registered as a tax-exempt nonprofit (EIN: 351519490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heritage Museum Foundation At Grissom Air Force Base Indiana located?
Heritage Museum Foundation At Grissom Air Force Base Indiana is headquartered in Peru, Indiana and files with the IRS under EIN 351519490. It is classified under NTEE code A540.
How many years of IRS 990 filings does Heritage Museum Foundation At Grissom Air Force Base Indiana have?
Heritage Museum Foundation At Grissom Air Force Base Indiana has 14 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 $357K in total revenue.
Filing History
IRS 990 filing history for Heritage Museum Foundation At Grissom Air Force Base Indiana showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Heritage Museum Foundation At Grissom Air Force Base Indiana's revenue has grown by 181.5%, moving from $98K to $275K. Total assets increased by 271.7% over the same period, from $158K to $586K. Total functional expenses rose by 106.1%, from $127K to $261K. In its most recent filing year (2023), Heritage Museum Foundation At Grissom Air Force Base Indiana reported a surplus of $14K, with revenue exceeding expenses. The organization holds $7K in liabilities against $586K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $579K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275K | $261K | $586K | $7K | — | — |
| 2022 | $238K | $231K | $571K | $6K | — | View 990 |
| 2021 | $286K | $188K | $562K | $3K | — | View 990 |
| 2020 | $263K | $206K | $464K | $4K | — | View 990 |
| 2019 | $370K | $230K | $405K | $2K | — | View 990 |
| 2018 | $204K | $189K | $264K | $2K | — | View 990 |
| 2017 | $67K | $91K | $250K | $1K | — | View 990 |
| 2017 | $185K | $140K | $275K | $2K | — | View 990 |
| 2016 | $158K | $118K | $230K | $2K | — | View 990 |
| 2015 | $151K | $121K | $189K | $2K | — | View 990 |
| 2014 | $146K | $107K | $160K | $2K | — | View 990 |
| 2013 | $79K | $90K | $120K | $2K | — | View 990 |
| 2012 | $86K | $112K | $130K | $748 | — | View 990 |
| 2011 | $98K | $127K | $158K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275K, expenses of $261K, and assets of $586K (revenue +15.3% year-over-year).
- 2022: Revenue of $238K, expenses of $231K, and assets of $571K (revenue -16.8% year-over-year).
- 2021: Revenue of $286K, expenses of $188K, and assets of $562K (revenue +8.7% year-over-year).
- 2020: Revenue of $263K, expenses of $206K, and assets of $464K (revenue -28.9% year-over-year).
- 2019: Revenue of $370K, expenses of $230K, and assets of $405K (revenue +81.4% year-over-year).
- 2018: Revenue of $204K, expenses of $189K, and assets of $264K (revenue +205.4% year-over-year).
- 2017: Revenue of $67K, expenses of $91K, and assets of $250K (revenue -63.9% year-over-year).
- 2017: Revenue of $185K, expenses of $140K, and assets of $275K (revenue +16.8% year-over-year).
- 2016: Revenue of $158K, expenses of $118K, and assets of $230K (revenue +4.9% year-over-year).
- 2015: Revenue of $151K, expenses of $121K, and assets of $189K (revenue +3.2% year-over-year).
- 2014: Revenue of $146K, expenses of $107K, and assets of $160K (revenue +85.9% year-over-year).
- 2013: Revenue of $79K, expenses of $90K, and assets of $120K (revenue -8.1% year-over-year).
- 2012: Revenue of $86K, expenses of $112K, and assets of $130K (revenue -12.3% year-over-year).
- 2011: Revenue of $98K, expenses of $127K, and assets of $158K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Museum Foundation At Grissom Air Force Base Indiana:
Data Sources and Methodology
This transparency report for Heritage Museum Foundation At Grissom Air Force Base Indiana 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.