Civic Intelligence

Cadet Air Corps Museum

EIN 45-3114674 • 501(c)3 • Kansas City, MO

Profile

The Corporation endeavours to educate the public about aviation history and to honor veterans by creating and flying World War trainer aircraft

1100 Main StKansas City, MO 64105

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

8th percentile

-45%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

17th percentile

-14%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-35%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$772,925

Down $129,884 (-14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$772,925

Down $129,884 (-14%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin8th percentile

Revenue

Down

$290,509

Down $153,198 (-35%) from 2023

Expenses

Up

$420,393

Up $298,685 (+245%) from 2023

Net Income

Down

-$129,884

Down $451,883 (-140%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2015: $215,000Liabilities 2015: $0Net Assets 2015: $215,0002015Assets 2016: $339,880Liabilities 2016: $0Net Assets 2016: $339,8802016Assets 2017: $365,317Liabilities 2017: $0Net Assets 2017: $365,3172017Assets 2018: $309,365Liabilities 2018: $0Net Assets 2018: $309,3652018Assets 2019: $302,366Liabilities 2019: $0Net Assets 2019: $302,3662019Assets 2020: $258,812Liabilities 2020: $0Net Assets 2020: $258,8122020Assets 2021: $194,347Liabilities 2021: $0Net Assets 2021: $194,3472021Assets 2022: $469,347Liabilities 2022: $0Net Assets 2022: $469,3472022Assets 2023: $902,809Liabilities 2023: $0Net Assets 2023: $902,8092023Assets 2024: $772,925Liabilities 2024: $0Net Assets 2024: $772,9252024

Highlighted filing

2024

Assets$772,925
Liabilities$0
Net Assets$772,925
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $215,000Expenses 2015: $0Net Income 2015: $215,0002015Revenue 2016: $125,000Expenses 2016: $120Net Income 2016: $124,8802016Revenue 2017: $59,500Expenses 2017: $34,064Net Income 2017: $25,4362017Revenue 2018: $66,106Expenses 2018: $122,058Net Income 2018: -$55,9522018Revenue 2019: $78,606Expenses 2019: $85,605Net Income 2019: -$6,9992019Revenue 2020: $130,000Expenses 2020: $162,047Net Income 2020: -$32,0472020Revenue 2021: $250Expenses 2021: $64,845Net Income 2021: -$64,5952021Revenue 2022: $275,000Expenses 2022: $275,000Net Income 2022: $02022Revenue 2023: $443,707Expenses 2023: $121,708Net Income 2023: $321,9992023Revenue 2024: $290,509Expenses 2024: $420,393Net Income 2024: -$129,8842024

Highlighted filing

2024

Revenue$290,509
Expenses$420,393
Net Income-$129,884
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$772,925
Liabilities
$0
Net assets
$772,925
Revenue
$290,509
Expenses
$420,393
Net income
-$129,884
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.73$0.00$7.73$2.91$4.20$1.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.03$0.00$9.03$4.44$1.22$3.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.69$0.00$4.69$2.75$2.75$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.00$1.94$0.00$0.65$0.65
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.00$2.59$1.30$1.62$0.32
2019Summary only. Only limited summary data is available for this year.$3.02$0.00$3.02$0.79$0.86$0.07
2018Summary only. Only limited summary data is available for this year.$3.09$0.00$3.09$0.66$1.22$0.56
2017Summary only. Only limited summary data is available for this year.$3.65$0.00$3.65$0.60$0.34$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$0.00$3.40$1.25$0.00$1.25
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.00$2.15$2.15$0.00$2.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 23, 2025
Return Version
2024v5.2
Gross Receipts
$290,509
Mission and Program Overview

Mission

The Corporation endeavours to educate the public about aviation history and to honor veterans by creating and flying World War trainer aircraft

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$433,017$433,017→ $0
Cash and Non-Interest-Bearing Accounts$469,792$339,908▼ $129,884
Total Assets$902,809$772,925▼ $129,884
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$902,809$772,925▼ $129,884
Total Net Assets Fund Balance$902,809$772,925▼ $129,884
Total Liabilities and Net Assets / Fund Balance$902,809$772,925▼ $129,884

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$433,017--
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Brooks HurstPresident
Doug RosendahlDirector
Greg HerrickDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$290,509
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$290,509
Change in Net Assets
$-129,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$420,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$0$235$0$235
Other Expenses$10$0$0$10
Total Functional Expenses$420,158$235$0$420,393
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Cadet Air Corps Museum
EIN
45-3114674
Phone
8162446927
Address
1100 Main St, Kansas City, MO 64105

Signing Officer

Name
Brooks Hurst
Title
President
Phone
8162446927
Signed
2025-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brooks Hurst
Formed
2011
Legal Domicile
Mo
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Arthur White
Address
302 MAIN ST, TARKIO, MO 64491
Preparer
Arthur D White
Phone
6607365811
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is made available to Directors for review”

Raw XML Appendix278 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
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IRS990/GrantAmt00
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt0902809
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1Outside contract services
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0121708
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ReturnHeader/ReturnTs02025-09-23T14:07:36-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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