Commemorative Air Force: $23.9M Revenue, $22.7M Expenses

Commemorative Air Force grades a B on the NonprofitTruth efficiency rubric. 69/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Commemorative Air Force reported $23.9M in 2021 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the reserves factor, Commemorative Air Force scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue is essentially flat — Commemorative Air Force's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Commemorative Air Force sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.