Commemorative Air Force: $23.9M Revenue, $17.7M Program Expenses

Commemorative Air Force earns an A on the nonprofit efficiency rubric — a top-tier rating that reflects strong program-spending ratios, reasonable executive compensation, and stable financial reserves. The composite score of 82/100 places it in the upper bracket of U.S. tax-exempt organizations.

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. Commemorative Air Force directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

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. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive 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.