Friends of the Chennault Aviation & Military Museum of Louisiana Inc
Only null% goes to programs Strong reserves Declining revenue
Friends of the Chennault Aviation & Military Museum of Louisiana Inc is a 501(c)(3) organization based in Monroe, Louisiana, registered in 1996, with $347,999 in FY2024 revenue. CharityIndex grades it C+.
701 Kansas Ln, Monroe, LA, 71203 EIN 72-1306895 Since 1996
Revenue (FY2024)
$348K
▼ 21.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$357K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of the Chennault Aviation & Military Museum of Louisiana Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating59 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of the Chennault Aviation & Military Museum of Louisiana Inc: 59 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of the Chennault Aviation & Military Museum of Louisiana Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of the Chennault Aviation & Military Museum of Louisiana Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 701 Kansas Ln, Monroe, LA, 71203
- City
- Monroe
- State
- Louisiana
- Category
- Arts, Culture & Humanities
- Subcategory
- Historical Societies
Financial trends
Revenue grew from $193K (FY2013) to $348K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12KNet assets $1.8M
Operating margin
-2.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$12K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $347,999▼21.1% | $356,621▼33.3% | $1,758,156▼0.5% | $1,770,614▼0.7% | 990 |
| 2023 | $440,956▼15.0% | $534,291▲41.4% | $1,766,778▼5.0% | $1,782,767▼4.5% | 990 |
| 2022 | $519,000▼33.9% | $377,963▲6.5% | $1,860,113▲8.2% | $1,866,486▲8.5% | 990 |
| 2021 | $785,018▲29.9% | $355,036▲4.4% | $1,719,076▲33.4% | $1,720,767▲20.7% | 990 |
| 2020 | $604,496▲33.5% | $339,970▼22.2% | $1,289,094▲25.8% | $1,425,648▲38.0% | 990 |
| 2019 | $452,672▲31.0% | $437,238▲16.1% | $1,024,568▲1.6% | $1,033,215▲1.7% | 990 |
| 2018 | $345,668▼4.2% | $376,654▼2.2% | $1,008,116▼3.0% | $1,016,190▼2.7% | 990 |
| 2017 | $360,891▲32.8% | $384,996▲28.8% | $1,039,474▼1.2% | $1,044,819▼1.5% | 990 |
| 2016 | $271,747▼13.7% | $298,983▼1.3% | $1,052,568▼2.5% | $1,061,111▼2.3% | 990 |
| 2015 | $314,997▼7.0% | $302,797▼12.1% | $1,079,802▲1.1% | $1,086,366▲1.4% | 990 |
| 2014 | $338,792▲75.8% | $344,634▲65.1% | $1,067,602▼0.5% | $1,070,976▼0.3% | 990 |
| 2013 | $192,700 | $208,732▲11.9% | $1,073,444▼1.5% | $1,074,017▼2.0% | 990 |
| 2012 | — | $186,578 | $1,089,476 | $1,095,754 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $10K total
1 grant to Friends of the Chennault Aviation & Military Museum of Louisiana Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2022 | $10,000 |
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Frequently asked questions
- Is Friends of the Chennault Aviation & Military Museum of Louisiana Inc a legitimate nonprofit?
- Yes. Friends of the Chennault Aviation & Military Museum of Louisiana Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1306895, based in Monroe, Louisiana. Donations are tax-deductible.
- What is Friends of the Chennault Aviation & Military Museum of Louisiana Inc's EIN?
- Friends of the Chennault Aviation & Military Museum of Louisiana Inc's Employer Identification Number (EIN) is 72-1306895.
- How much revenue does Friends of the Chennault Aviation & Military Museum of Louisiana Inc report?
- Friends of the Chennault Aviation & Military Museum of Louisiana Inc reported $347,999 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Friends of the Chennault Aviation & Military Museum of Louisiana Inc have?
- CharityIndex grades Friends of the Chennault Aviation & Military Museum of Louisiana Inc C+, based on financial health (reserves and operating margin).
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Data for Friends of the Chennault Aviation & Military Museum of Louisiana Inc (EIN 72-1306895) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.