Tulsa Air & Space Museum Inc

Nonprofit profile at a glance

EIN
731452965
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Tulsa, OK, USA
Phone
9188349900
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Science and Technology Museums

Official website

Reported finances

Revenue
$3,452,594
Expenses
$1,255,107
Assets
$9,086,755
Liabilities
$284,058

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

Leadership & pay

16 people listed

People named in this filing

  • RETIRED COLONEL DANIEL MARTICELLO (CHAIRMAN)
  • TIMOTHY REATHER (VICE CHAIRMA)
  • AMY MOORE (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Honoring the past, inspiring the future.

What it reported doing in 2024

Exhibits: in 2024, there were 42,647 visitors who toured over 30 exhibits on display at tasm. Tasm's aerospace docents offer a guided interactive tour of the exhibits describing the history of the people and planes which contributed to Oklahoma's rich aerospace heritage. Exhibits available to visitors include: md-80 donated to the museum by american airlines. The tuskegee legacy exhibit dedicated to the feats of the tuskegee airmen. Grumman f-14a tomcat which is painted in the squadron colors of vf-41 "the black aces." the spartan executive model 12 commissioned by j. Paul getty incorporates a tricycle landing gear. The tulsamerican b-24 exhibit honoring those who served during wwii and the last b-24 built in tulsa.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.3%; rating input score 30
  • Program expense ratio: 77.1%; rating input score 77
  • Fundraising efficiency: $27.65 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 63.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 7.24; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 5.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 30.3% of revenue deployed · 77.1% of spending went to programs
  • Governance: 16 of 16 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $968K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.