Connecticut Aerospace Hall of Fame & Mus

Nonprofit profile at a glance

EIN
311604748
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2013, Form 990-EZ 2024, Form 990-N 2023
Location
Stratford, CT, USA
Phone
2033451559
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$115,188
Expenses
$104,159
Assets
$11,029
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MARK CORVINO (PRESIDENT)
  • JERRY O'NEILL (VICE PRESIDENT)

People named in this filing

  • MARK CORVINO (PRESIDENT)
  • JERRY O'NEILL (VICE PRESIDENT)
  • LEN ROBERTO (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Connecticut air & space center is a non-profit air museum that displays vintage aircraft, memorabilia, and artifacts that pertain to Connecticut, both inside and out. The museum's motto is to: honor, preserve, educate.

What it reported doing in 2024

To support and train historians, students, experts, tradespeople and technicians to maintain and restore a collection of aircraft and aerospace-related exhibits for public access in a museum setting and to provide a reference library for researchers and scholars.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9.6%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: -17.5% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Sustainability: Operating margin scored 57/100.