No 1 British Flying Training School Museum Inc is a 501(c)(3) organization based in Terrell, Texas, registered in 1998, with $288,303 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$288K
▲ 5.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$191K
Net assets
$748K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 No 1 British Flying Training School Museum Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 No 1 British Flying Training School Museum Inc: 47 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
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 No 1 British Flying Training School Museum Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 No 1 British Flying Training School Museum Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $64K (FY2009) to $288K (FY2023) across 15 reported years.
Financial snapshot
Operating margin
33.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$774K
Total liabilities
$26K
Net assets
$748K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $288,303▲5.0% | $191,267▼11.5% | $747,628▲29.9% | $774,098▲14.4% | 990 |
| 2022 | $274,577▲61.9% | $216,052▲17.1% | $575,592▲11.3% | $676,544▲10.1% | 990 |
| 2021 | $169,642▼38.6% | $184,539▲4.1% | $517,067▼2.8% | $614,625▲7.3% | 990 |
| 2020 | $276,066▲82.6% | $177,294▲45.3% | $531,964▲22.8% | $572,885▲28.7% | 990 |
| 2019 | $151,199▼3.4% | $122,049▲31.6% | $433,192▼10.2% | $445,070▼14.5% | 990 |
| 2018 | $156,440▲19.0% | $92,773▼16.3% | $482,226▲15.2% | $520,728▲17.5% | 990 |
| 2017 | $131,463▼2.9% | $110,810▲0.9% | $418,559▲8.2% | $443,086▲13.1% | 990 |
| 2016 | $135,344▲3.4% | $109,846▲35.3% | $386,798▲7.1% | $391,932▲6.7% | 990 |
| 2015 | $130,878▲125% | $81,210▲117% | $361,300▲95.1% | $367,389▲96.4% | 990 |
| 2014 | $58,217▼30.2% | $37,397▼2.0% | $185,188▲12.7% | $187,073▲4.6% | 990EZ |
| 2013 | $83,462▼25.7% | $38,165▼2.8% | $164,368▲38.0% | $178,911▲14.7% | 990EZ |
| 2012 | $112,402▲85.8% | $39,271▼7.2% | $119,071▲159% | $155,927▲214% | 990EZ |
| 2011 | $60,502▲22.4% | $42,303▼15.6% | $45,940▲65.6% | $49,643▲26.5% | 990EZ |
| 2010 | $49,443▼23.3% | $50,104▲7.7% | $27,741▼2.3% | $39,232▲8.8% | 990EZ |
| 2009 | $64,450 | $46,516 | $28,402 | $36,044 | 990EZ |
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.
3 grants to No 1 British Flying Training School Museum Inc totaling $24K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $8,268 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $7,364 |
| Communities Foundation of Texas | This grant is designated for general support. | 2019 | $8,606 |
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Data for No 1 British Flying Training School Museum Inc (EIN 75-2541836) 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.