BETA

YANKS AIR MUSEUM: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
YANKS AIR MUSEUM (EIN 95-3538758)
Tax period
2017-08-01 to 2018-07-31
Filed
2019-06-14
IRS object ID
201941659349100329
Schema version
2017v2.3
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)
Return2019-06-14T16:56:54-05:00ReturnTs
Tax Period End2018-07-31TaxPeriodEndDt

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 Line15000 NORTH PARKWAY CALABASAS 107AddressLine1Txt
CityCALABASASCityNm
State AbbreviationCAStateAbbreviationCd
ZIP913021400ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-08-01TaxPeriodBeginDt

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
Signature2019-06-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNACHMAN FLATT CPAPreparerPersonNm
PTINP00083582PTIN
Phone8185918898PhoneNum
Preparation2019-06-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address162.196.8.193IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-06-08IPDt
IP Tm17:47:57IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9EC8EBAD93C6236E84D6DDAED0AF4BD5953394A6AtSubmissionCreationDeviceId
At Submission Filing Device Id9EC8EBAD93C6236E84D6DDAED0AF4BD5953394A6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$5,483,430FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,358,303ContriRcvdRevAndExpnssAmt
Net Gain Sale Ast Rev And Expnss$0NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,450,000GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$3,358,303TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Total Adj Net Incm$0TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$804,634OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$0OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$804,634OthEmplSlrsWgsDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$41,364DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$41,364DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$482,812OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$482,814OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,328,810TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$41,364TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,287,448TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,328,810TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$41,364TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,287,448TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,029,493ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$52,774CashBOYAmt
Cash EOY$2,071,450CashEOYAmt
Cash EOYFMV$2,071,450CashEOYFMVAmt
Acct Rcvbl BOY$13,676AcctRcvblBOYAmt
Other Nts And Loans Rcvbl$1,355OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$650OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$1,355OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$1,355OtherNtsAndLoansRcvblEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$349,010LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$209,130LandBldgEquipAccumDeprecAmt
Land BOY$159,573LandBOYAmt
Land EOY$139,880LandEOYAmt
Land EOYFMV$139,880LandEOYFMVAmt
Other Assets BOY$3,227,264OtherAssetsBOYAmt
Other Assets EOY$3,270,745OtherAssetsEOYAmt
Other Assets EOYFMV$3,270,745OtherAssetsEOYFMVAmt
Total Assets BOY$3,453,937TotalAssetsBOYAmt
Total Assets EOY$5,483,430TotalAssetsEOYAmt
Total Assets EOYFMV$5,483,430TotalAssetsEOYFMVAmt
Other Liabilities BOY$2,354,936OtherLiabilitiesBOYAmt
Other Liabilities EOY$2,354,936OtherLiabilitiesEOYAmt
Total Liabilities BOY$2,354,936TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,354,936TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$1,099,001RetainedEarningBOYAmt
Retained Earning EOY$3,128,494RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,099,001TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,128,494TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,453,937TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,483,430TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,099,001TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,029,493ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$3,128,494SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,128,494TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyF6F GRUMMAN HELLCATPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2018-02-27AcquiredDt
Sold2018-03-15SoldDt
Gross Sales Price$2,450,000GrossSalesPriceAmt
Cost Or Other Basis$2,450,000CostOrOtherBasisAmt
Gain Or Loss$0GainOrLossAmt
Gains Minus Excess Or Losses$0GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$0CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$0NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,291,940AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$3,349,260NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.385739DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,172,612AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$3,148,276NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.372462DistributionYr2Rt
Adjusted Qlfy Distri Yr3$1,215,291AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,890,343NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.420466DistributionYr3Rt
Adjusted Qlfy Distri Yr4$956,663AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$2,870,457NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.333279DistributionYr4Rt
Adjusted Qlfy Distri Yr5$837,536AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$2,794,701NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.299687DistributionYr5Rt
Total Distribution1.811633TotalDistributionRt
Average Distribution0.362327AverageDistributionRt
Net Vl Noncharitable Assets$4,367,524NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,582,472AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$0NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,582,472AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,333,913QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$0TaxDueAmt

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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
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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,062,112AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,371,923FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,434,035TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$4,434,035AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$66,511CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,367,524NetVlNoncharitableAssetsAmt
Minimum Investment Return$218,376MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$218,376MinimumInvestmentReturnAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$218,376DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$218,376DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$218,376DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,287,448ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$46,465CharitableAssetsAcquisPaidAmt
Qualifying Distributions$1,333,913QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,333,913AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$218,376DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$837,536ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$813,140ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,070,774ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,015,198ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,124,477ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,861,125TotalExcessDistributionCyovAmt
Qualifying Distributions$1,333,913QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$218,376AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,115,537RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$5,976,662TotalCorpusAmt
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$837,536ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$5,139,126ExcessDistriCyovToNextYrAmt
Excess From Year4$813,140ExcessFromYear4Amt
Excess From Year3$1,070,774ExcessFromYear3Amt
Excess From Year2$1,015,198ExcessFromYear2Amt
Excess From Year1$1,124,477ExcessFromYear1Amt
Excess From Current Year$1,115,537ExcessFromCurrentYearAmt

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

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

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

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
8DONATED AIRCRAFT SOLD TO FUND OPERATIONS & OTHER ACQUISITIONS
8AND ACTVITIES.

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 ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
CHARLES AND JUDY NICHOLS
113470 DALEWOOD STREETBALDWIN PARKCA91706$734,937Yes (X)
CHARLES AND JUDY NICHOLS
213470 DALEWOOD STREETBALDWIN PARKCA91706$2,450,000Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor2ContributorNum
Noncash PropertyVINTAGE AIRCRAFT, GRUMMAN F6F-3NoncashPropertyDesc
Fair Market Value$2,450,000FairMarketValueAmt
Received2018-02-27ReceivedDt

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 (28 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$18,043SL5.000000000000$3,826$0$3,826
SECURITY CAMERAS2013-07-31$7,774$6,414SL5.000000000000$1,360$0$1,360
RED BARRON RIDE2013-07-31$18,619$15,361SL5.000000000000$3,258$0$3,258
DISPLAY EQUIPMENT2014-07-31$7,238$4,525SL5.000000000000$1,448$0$1,448
SECURITY CAMERAS2014-07-31$3,073$1,922SL5.000000000000$615$0$615
RED BARRON RIDE2014-07-31$10,634$6,647SL5.000000000000$2,127$0$2,127
THEATRE2014-07-31$7,326$4,578SL5.000000000000$1,465$0$1,465
FERRIS WHEEL2015-07-31$58,407$9,491SL10.000000000000$5,841$0$5,841
RED BARRON RIDE2015-07-31$6,397$2,558SL5.000000000000$1,279$0$1,279
CLASSROOM2016-07-31$7,500$1,688SL5.000000000000$1,500$0$1,500
OTHER EQUIPMENT2016-07-31$6,818$1,534SL5.000000000000$1,364$0$1,364
FERRIS WHEEL ADDITIONS2016-07-31$48,573$9,715SL5.000000000000$9,715$0$9,715
FERRIS WHEEL2017-07-31$11,359SL5.000000000000$2,272$0$2,272
HELICOPTER RIDE2017-07-31$20,000SL5.000000000000$4,000$0$4,000
HIGH LIFT/BUCKET TRUCK2016-07-31$6,460SL5.000000000000$1,294$0$1,294
HELICOPTER IMPROVEMENTS2018-07-31$20,625SL5.000000000000$0$0$0
GOLF CART2018-07-31$1,046SL5.000000000000$0$0$0

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.

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (28 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$5,973$1,265
SECURITY CAMERAS$3,073$2,537$536
RED BARRON RIDE$10,634$8,774$1,860
THEATRE$7,326$6,043$1,283
FERRIS WHEEL$58,407$15,332$43,075
RED BARRON RIDE$6,397$3,837$2,560
CLASSROOM$7,500$3,188$4,312
OTHER EQUIPMENT$6,818$2,898$3,920
FERRIS WHEEL ADDITIONS$48,573$19,430$29,143
FERRIS WHEEL$11,359$2,272$9,087
HELICOPTER RIDE$20,000$4,000$16,000
HIGH LIFT/BUCKET TRUCK$6,460$1,294$5,166
HELICOPTER IMPROVEMENTS$20,625$0$20,625
GOLF CART$1,046$0$1,046

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescAIRCRAFTDesc
BOY Book Value$3,227,264BOYBookValueAmt
EOY Book Value$3,270,745EOYBookValueAmt
EOYFMV$3,270,745EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (31 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CLEANING$23,800$0$0$23,800
MISCELLANEOUS$12,617$0$0$12,619
OFFICE EXPENSE$15,862$0$0$15,862
MACHINERY EXPENSE$8,574$0$0$8,574
SUPPLIES$2,656$0$0$2,656
REPAIRS$59,521$0$0$59,521
SECURITY$5,008$0$0$5,008
TELEPHONE$1,537$0$0$1,537
UTILITIES$64,361$0$0$64,361
AUTO EXPENSE$2,252$0$0$2,252
MEDICAL INSURANCE EXPENSE$5,221$0$0$5,221
INSURANCE$2,663$0$0$2,663
FILING FEES$1,100$0$0$1,100
PAYROLL TAXES$59,587$0$0$59,587
EMPLOYEE WELFARE$31,070$0$0$31,070
DUES & SUBSCRIPTIONS$2,824$0$0$2,824
BANK CHARGES$1,462$0$0$1,462
DRAWINGS & PLANNING$11,150$0$0$11,150
ADVERTISING$37,062$0$0$37,062
TRAVEL$3,570$0$0$3,570
GROUND EQUIPMENT EXPENSE$8,267$0$0$8,267
PAYROLL PROCESSING COSTS$6,385$0$0$6,385
GARDENING$10,524$0$0$10,524
SHOP MAINTENANCE$624$0$0$624
OTHER TAXES$750$0$0$750
FUEL COSTS$5,846$0$0$5,846
LEGAL & ACCOUNTING$86,112$0$0$86,112
DISPLAY COSTS$4,730$0$0$4,730
FAA REGISTRATION FEES$5,170$0$0$5,170
ENGINE EXPENSE$2,067$0$0$2,067
OUTSIDE SERVICES$440$0$0$440

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescLOANS PAYABLEDesc
BOY Book Value$2,354,936BOYBookValueAmt
EOY Book Value$2,354,936EOYBookValueAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonCHARLES AND JUDY NICHOLSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113470 DALEWOOD STAddressLine1Txt
CityBALDWIN PARKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91706ZIPCd

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