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YANKS AIR MUSEUM: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
YANKS AIR MUSEUM (EIN 95-3538758)
Tax period
2023-08-01 to 2024-07-31
Filed
2025-06-12
IRS object ID
202541639349100814
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-06-12T18:45:29-05:00ReturnTs
Tax Period End2024-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN200340798PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NACHMAN FLATT & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16300 CANOGA AVENUE - 920AddressLine1Txt
CityWOODLAND HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91367ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN953538758EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE YANKS AIR MUSEUMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYANKBusinessNameControlTxt
Phone6269604802PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113470 DALEWOOD STREETAddressLine1Txt
CityBALDWIN PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91706ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES F NICHOLSPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone6269604802PhoneNum
Signature2025-06-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNACHMAN FLATT CPAPreparerPersonNm
PTINP00083582PTIN
Phone8185918898PhoneNum
Preparation2025-06-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$22,965,823FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,454,507ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$337,700DividendsRevAndExpnssAmt
Dividends Net Invst Incm$337,700DividendsNetInvstIncmAmt
Dividends Adj Net Incm$337,700DividendsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$1,792,207TotalRevAndExpnssAmt
Total Net Invst Incm$337,700TotalNetInvstIncmAmt
Total Adj Net Incm$337,700TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$107,261CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$107,261CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$107,261CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$1,040,441OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$1,040,441OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$1,040,441OthEmplSlrsWgsDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$90,673DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$91,339DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$558,676OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$37,362OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$811,082OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$848,444OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,797,051TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$144,623TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,942,862TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,996,146TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,797,051TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$144,623TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,942,862TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,996,146TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,844ExcessRevenueOverExpensesAmt
Net Investment Income$193,077NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$427,650CashBOYAmt
Cash EOY$87,398CashEOYAmt
Cash EOYFMV$87,398CashEOYFMVAmt
Inventories BOY$83,418InventoriesBOYAmt
Inventories EOY$77,168InventoriesEOYAmt
Inventories EOYFMV$77,168InventoriesEOYFMVAmt
Other Investments BOY$14,454,981OtherInvestmentsBOYAmt
Other Investments EOY$14,755,319OtherInvestmentsEOYAmt
Other Investments EOYFMV$15,140,099OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$789,267LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$614,755LandBldgEquipAccumDeprecAmt
Land BOY$240,345LandBOYAmt
Land EOY$174,512LandEOYAmt
Land EOYFMV$174,512LandEOYFMVAmt
Other Assets BOY$7,386,092OtherAssetsBOYAmt
Other Assets EOY$7,486,646OtherAssetsEOYAmt
Other Assets EOYFMV$7,486,646OtherAssetsEOYFMVAmt
Total Assets BOY$22,592,486TotalAssetsBOYAmt
Total Assets EOY$22,581,043TotalAssetsEOYAmt
Total Assets EOYFMV$22,965,823TotalAssetsEOYFMVAmt
Other Liabilities BOY$1,452,156OtherLiabilitiesBOYAmt
Other Liabilities EOY$1,445,557OtherLiabilitiesEOYAmt
Total Liabilities BOY$1,452,156TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,445,557TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$21,140,330RetainedEarningBOYAmt
Retained Earning EOY$21,135,486RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$21,140,330TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$21,135,486TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$22,592,486TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$22,581,043TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$21,140,330TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,844ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$21,135,486SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$21,135,486TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,684InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$2,684SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$2,684TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,173EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$5,173TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$2,489OverpaymentAmt
Applied To ES Tax$2,489AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressYANKSAIR.COMWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CHARLES F NICHOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6269604802PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line113470 DALEWOOD STREETAddressLine1Txt
CityBALDWIN PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91706ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES F NICHOLS
13470 DALEWOOD STBALDWIN PARKCA91706DIR - CEO0.00$0$0$0
JERRY SMITH
722 E TONER DRIVE POMONAPOMONACA91711DIR0.00$0$0$0
RICHARD L DEEN
13470 DALEWOOD STBALDWIN PARKCA91706DIR0.00$0$0$0
VALARIE L DEEN
13470 DALEWOOD STBALDWIN PARKCA91706DIR - TREASURER0.00$0$0$0
CHRISTEN WRIGHT
13470 DALEWOOD STBALDWIN PARKCA91706DIR40.00$107,261$0$0
DAVID MEYER
13470 DALEWOOD STBALDWIN PARKCA91706DIR0.00$0$0$0
MIKE SHOTT
13470 DALEWOOD STBALDWIN PARKCA91706DIR0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1SEE STATEMENT ATTACHEDDescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$14,585,754AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$257,524AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$7,748,645FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$22,591,923TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$22,591,923AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$338,879CashDeemedCharitableAmt
Net Vl Noncharitable Assets$22,253,044NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,112,652MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,112,652MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,684TaxBasedOnInvestmentIncomeAmt
Total Tax$2,684TotalTaxAmt
Distributable Before Adj$1,109,968DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,109,968DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,109,968DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,996,146ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$24,842CharitableAssetsAcquisPaidAmt
Qualifying Distributions$2,020,988QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,109,968DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$1,054,020ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,277,871ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,069,643ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$818,279ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$432,924ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,652,737TotalExcessDistributionCyovAmt
Qualifying Distributions$2,020,988QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,109,968AppliedToCurrentYearAmt
Remaining Distri From Corpus$911,020RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$5,563,757TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$1,054,020ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,509,737ExcessDistriCyovToNextYrAmt
Excess From Year4$1,277,871ExcessFromYear4Amt
Excess From Year3$1,069,643ExcessFromYear3Amt
Excess From Year2$818,279ExcessFromYear2Amt
Excess From Year1$432,924ExcessFromYear1Amt
Excess From Current Year$911,020ExcessFromCurrentYearAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling1991-08-27PrivateOperatingFndtnRulingDt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerCHARLES F NICHOLSContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonCHARLES F NICHOLSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line113470 DALEWOOD STREETAddressLine1Txt
CityBALDWIN PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91706ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6269604802RecipientPhoneNum
Form And Info And MaterialsNOT APPLICABLEFormAndInfoAndMaterialsTxt
Submission DeadlinesNOT APPLICABLE NON APPLICABLESubmissionDeadlinesTxt
Restrictions On AwardsNOT APPLICABLERestrictionsOnAwardsTxt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$337,700RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$0ExclusionAmt
Related Or Exempt Function Incm$337,700RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$337,700TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number4LineNumberTxt
Relationship StatementINVESTMENT OF FUNDS FOR MUSEUM OPERATIONSRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
CHARLES F NICHOLS
113470 DALEWOOD STREETBALDWIN PARKCA91706$1,160,000Yes (X)
NICHOLS LUMBER & HARDWARE CO
213470 DALEWOOD STREETBALDWIN PARKCA91706$100,000Yes (X)

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
ElectionTHE YANKS AIR MUSEUM ELECTS TO TREAT THE AMOUNTS ON LINE 4B, PART XIII, AS COMING FROM CORPUS.ElectionDesc

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (37 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
DISPLAY EQUIPMENT1990-08-01$4,442$4,442SL7.000000000000$0$0$0
EQUIPMENT1990-08-01$11,989$11,989SL5.000000000000$0$0$0
EQUIPMENT1997-02-07$2,250$2,250SL5.000000000000$0$0$0
DISPLAY EQUIPMENT2001-01-31$2,944$2,944SL5.000000000000$0$0$0
SECURITY CAMERAS2007-03-06$10,000$10,000SL5.000000000000$0$0$0
CATERING EQUIPMENT2009-07-31$12,812$12,810SL5.000000000000$0$0$0
SECURITY CAMERAS2011-03-24$7,754$7,754SL5.000000000000$0$0$0
DISPLAY EQUIPMENT2011-07-31$9,491$9,491SL5.000000000000$0$0$0
INTERACTIVE EXHIBIT EQUIPMENT2011-06-14$11,952$11,952SL5.000000000000$0$0$0
DISPLAY EQUIPMENT2012-07-31$7,468$7,468SL5.000000000000$0$0$0
EQUIPMENT2012-07-31$4,190$4,190SL5.000000000000$0$0$0
DISPLAY EQUIPMENT2013-07-31$21,869$21,869SL5.000000000000$0$0$0
SECURITY CAMERAS2013-07-31$7,774$7,774SL5.000000000000$0$0$0
RED BARRON RIDE2013-07-31$18,619$18,619SL5.000000000000$0$0$0
DISPLAY EQUIPMENT2014-07-31$7,238$7,238SL5.000000000000$0$0$0
SECURITY CAMERAS2014-07-31$3,073$3,073SL5.000000000000$0$0$0
RED BARRON RIDE2014-07-31$10,634$10,634SL5.000000000000$0$0$0
THEATRE2014-07-31$7,326$7,326SL5.000000000000$0$0$0
FERRIS WHEEL2015-07-31$58,407$44,537SL10.000000000000$5,841$0$5,841
RED BARRON RIDE2015-07-31$6,397$6,395SL5.000000000000$0$0$0
CLASSROOM2016-07-31$7,500$7,500SL5.000000000000$0$0$0
OTHER EQUIPMENT2016-07-31$6,818$6,818SL5.000000000000$0$0$0
FERRIS WHEEL ADDITIONS2016-07-31$48,573$48,573SL5.000000000000$0$0$0
FERRIS WHEEL2017-07-31$11,359$11,359SL5.000000000000$0$0$0
HELICOPTER RIDE2017-07-31$20,000$20,000SL5.000000000000$0$0$0
HIGH LIFT/BUCKET TRUCK2016-07-31$6,460$6,460SL5.000000000000$0$0$0
HELICOPTER IMPROVEMENTS2018-07-31$20,625$20,625SL5.000000000000$0$0$0
GOLF CART2018-07-31$1,046$1,045SL5.000000000000$0$0$0
ARCADE GAMES, CAROUSEL, GRAVITRON2019-05-01$10,850$8,951SL5.000000000000$1,899$0$1,899
HELICOPTER RIDE2019-07-01$18,540$15,296SL5.000000000000$3,244$0$3,244
HELICOPTER IMPROVEMENTS2020-07-31$1,882$1,175SL5.000000000000$376$0$376
ARCADE GAMES, CAROUSEL, GRAVITRON2020-07-31$23,451$14,656SL5.000000000000$4,690$0$4,690
ARCADE GAMES, CAROUSEL, GRAVITRON2021-07-31$197,280$83,844SL5.000000000000$39,456$0$39,456
CAROUSEL2021-07-31$160,000$64,000SL5.000000000000$32,000$0$32,000
GOLF CART2021-11-02$3,413$1,024SL5.000000000000$683$0$683
GOLF CART2023-12-19$17,273SL5.000000000000$1,727$0$2,015
MICROFILM PRINTER2023-11-07$7,569SL5.000000000000$757$0$1,135

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
FORM 990-PF, PART IX-B, LINE 1.THE MUSEUM FOUNDATION IS INVOLVED IN LOCATING, ACQUIRING AND RESTORING WORLD WAR II AND GOLDERN ERA AIRCRAFT. THE MUSEUM IS OPEN TO THE PUBLIC DAILY TUESDAY THROUGH SUNDAY FROM 9:00 AM THROUGH 4:00 PM.VISITORS EXPRESS A HIGH DEGREE OF INTEREST IN THE RESTORATION PROCESS AS WELL AS THE RESTORED AIRCRAFT. THE YANKS AIR MUSEUM ELECTS TO TREAT ANY AMOUNTS ON LINE 4C PART XIII, AS COMING FROM CORPUS, IF NECESSARY.
PART XIII, LINE 4C.S AIR MUSEUM ELECTS TO TREAT THE AMOUNTS ON LINE 4C PART XIII, AS COMING FROM CORPUS, IF NECESSARY.

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemSECURITIESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$14,755,319BookValueAmt
EOYFMV$15,140,099EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (37 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
DISPLAY EQUIPMENT$4,442$4,442$0
EQUIPMENT$11,989$11,989$0
EQUIPMENT$2,250$2,250$0
DISPLAY EQUIPMENT$2,944$2,944$0
SECURITY CAMERAS$10,000$10,000$0
CATERING EQUIPMENT$12,812$12,810$2
SECURITY CAMERAS$7,754$7,754$0
DISPLAY EQUIPMENT$9,491$9,491$0
INTERACTIVE EXHIBIT EQUIPMENT$11,952$11,952$0
DISPLAY EQUIPMENT$7,468$7,468$0
EQUIPMENT$4,190$4,190$0
DISPLAY EQUIPMENT$21,869$21,869$0
SECURITY CAMERAS$7,774$7,774$0
RED BARRON RIDE$18,619$18,619$0
DISPLAY EQUIPMENT$7,238$7,238$0
SECURITY CAMERAS$3,073$3,073$0
RED BARRON RIDE$10,634$10,634$0
THEATRE$7,326$7,326$0
FERRIS WHEEL$58,407$50,378$8,029
RED BARRON RIDE$6,397$6,395$2
CLASSROOM$7,500$7,500$0
OTHER EQUIPMENT$6,818$6,818$0
FERRIS WHEEL ADDITIONS$48,573$48,573$0
FERRIS WHEEL$11,359$11,359$0
HELICOPTER RIDE$20,000$20,000$0
HIGH LIFT/BUCKET TRUCK$6,460$6,460$0
HELICOPTER IMPROVEMENTS$20,625$20,625$0
GOLF CART$1,046$1,045$1
ARCADE GAMES, CAROUSEL, GRAVITRON$10,850$10,850$0
HELICOPTER RIDE$18,540$18,540$0
HELICOPTER IMPROVEMENTS$1,882$1,551$331
ARCADE GAMES, CAROUSEL, GRAVITRON$23,451$19,346$4,105
ARCADE GAMES, CAROUSEL, GRAVITRON$197,280$123,300$73,980
CAROUSEL$160,000$96,000$64,000
GOLF CART$3,413$1,707$1,706
GOLF CART$17,273$1,727$15,546
MICROFILM PRINTER$7,569$757$6,812

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AIRCRAFT$7,386,092$7,485,146$7,485,146
OTHER ASSETS$1,500$1,500

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (31 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CLEANING$15,314$0$15,314$15,314
MISCELLANEOUS-$17,841$0-$17,841-$17,841
OFFICE EXPENSE$27,688$0$27,688$27,688
MACHINERY EXPENSE$9,572$0$9,572$9,572
SUPPLIES$799$0$799$799
REPAIRS$67,998$0$67,998$67,998
SECURITY$3,944$0$3,944$3,944
TELEPHONE$13,710$0$13,710$13,710
UTILITIES$73,353$0$73,353$73,353
AUTO EXPENSE$1,234$0$1,234$1,234
MEDICAL INSURANCE EXPENSE$25,472$0$25,472$25,472
INSURANCE$87,380$0$87,380$87,380
PAYROLL TAXES$63,024$0$352,592$352,592
EMPLOYEE WELFARE$20,960$0$20,960$20,960
DUES & SUBSCRIPTIONS$2,080$0$2,080$2,080
BANK CHARGES$3,674$0$3,874$3,874
RIDE MAINTENANCE$3,039$0$3,039$3,039
ADVERTISING$34,832$0$34,832$34,832
GROUND EQUIPMENT EXPENSE$26,082$0$26,082$26,082
GARDENING$7,500$0$7,500$7,500
SHOP MAINTENANCE$1,968$0$1,968$1,968
FUEL COSTS$7,325$0$7,325$7,325
LEGAL & ACCOUNTING$10,588$0$10,588$10,588
DISPLAY COSTS$2,133$0$2,133$2,133
CAMERAS$2,595$0$2,595$2,595
LIBRARY$1,703$0$1,703$1,703
PAINT BOOTH$9,839$0$9,839$9,839
OTHER FEES$135$0$135$135
PAYROLL PROCESSING CHARGES$6,472$0$6,472$6,472
MANAGEMENT FEES$37,362$37,362$0$37,362
WEBSITE$8,742$0$8,742$8,742

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
LOANS PAYABLE$1,429,936$1,429,936
ACCRUED EXPENSES$35,522$19,407
TAXES PAYABLE-$13,302-$3,786

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
CHARLES F NICHOLS
13470 DALEWOOD STBALDWIN PARKCA91706
NICHOLS LUMBER & HARDWARE CO
13470 DALEWOOD STBALDWIN PARKCA91706

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