Tennessee Museum Of Flight Inc
EIN: 621617593 · Louisville, TN · NTEE: A50Z
Is Tennessee Museum Of Flight Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tennessee Museum Of Flight Inc
Tennessee Museum Of Flight Inc (EIN: 621617593) is a nonprofit organization based in Louisville, TN, classified under NTEE code A50Z. The organization reported total revenue of $249K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Museum Of Flight Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Museum Of Flight Inc is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $215K |
| Surplus / Deficit | +$57K |
| Total Assets | $57K |
| Total Liabilities | $1 |
| Net Assets | $57K |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Tennessee Museum Of Flight Inc reported a surplus of $57K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Tennessee Museum Of Flight Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27214700.0% | — | +48483.1% |
| 2022 | +0.0% | — | +0.0% |
| 2021 | +0.0% | — | +0.0% |
| 2019 | -100.0% | -95.9% | -67.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tennessee Museum Of Flight Inc 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 Tennessee Museum Of Flight Inc 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Tennessee Museum Of Flight Inc
Is Tennessee Museum Of Flight Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tennessee Museum Of Flight Inc (EIN: 621617593) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tennessee Museum Of Flight Inc spend its money?
Detailed spending breakdown data is not yet available for Tennessee Museum Of Flight Inc. Check back for updated IRS 990 analysis.
Are donations to Tennessee Museum Of Flight Inc tax-deductible?
Tennessee Museum Of Flight Inc is registered as a tax-exempt nonprofit (EIN: 621617593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Tennessee Museum Of Flight Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tennessee Museum Of Flight Inc's revenue has grown by 1428.2%, moving from $18K to $272K. Total assets increased by 352.4% over the same period, from $13K to $57K. Total functional expenses rose by 754.7%, from $25K to $215K. In its most recent filing year (2023), Tennessee Museum Of Flight Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $1 in liabilities against $57K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $215K | $57K | $1 | — | View 990 |
| 2022 | $1 | $0 | $118 | $1 | — | View 990 |
| 2021 | $1 | $0 | $118 | $1 | — | — |
| 2020 | $1 | $0 | $118 | $1 | — | — |
| 2019 | $0 | $249 | $118 | $0 | — | View 990 |
| 2015 | $4K | $6K | $367 | $0 | — | View 990 |
| 2014 | $32K | $31K | $3K | $0 | — | View 990 |
| 2013 | $8K | $16K | $2K | $0 | — | View 990 |
| 2012 | $11K | $14K | $10K | $0 | — | View 990 |
| 2011 | $18K | $25K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $215K, and assets of $57K (revenue +27214700.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $118 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $118 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $118.
- 2019: Revenue of $0, expenses of $249, and assets of $118 (revenue -100.0% year-over-year).
- 2015: Revenue of $4K, expenses of $6K, and assets of $367 (revenue -88.5% year-over-year).
- 2014: Revenue of $32K, expenses of $31K, and assets of $3K (revenue +298.5% year-over-year).
- 2013: Revenue of $8K, expenses of $16K, and assets of $2K (revenue -23.8% year-over-year).
- 2012: Revenue of $11K, expenses of $14K, and assets of $10K (revenue -41.0% year-over-year).
- 2011: Revenue of $18K, expenses of $25K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Museum Of Flight Inc:
Data Sources and Methodology
This transparency report for Tennessee Museum Of Flight Inc 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.