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Yanks Air Museum is a private corporation based in BURR RIDGE, IL. The foundation received its IRS ruling in 1981. It holds total assets of $22.6M. Annual income is reported at $1.8M. Total assets have grown from $2.7M in 2010 to $22.6M in 2022. The foundation is governed by 7 officers and trustees. Tax records are available from 2016 to 2023. Contributions to this foundation are tax-deductible.
Yanks Air Museum occupies an unusual niche in the philanthropic landscape: it is primarily an operating aviation museum that channels its charitable expenditures internally — toward aircraft restoration, preservation, and education — rather than making grants to outside organizations. Every fiscal year on record shows $0 in grants paid to external parties, while annual charitable disbursements averaging $1.2M go to the museum's own programs. Grant seekers must internalize this distinction before any outreach.
The organization was founded in 1972/1973 by Charles Fisher Nichols, who spent nearly 50 years acquiring and restoring aircraft worldwide. The museum now houses approximately 190-200 aircraft across a 176,000-square-foot facility at Chino Airport, California. It holds 509(a)(1) public charity status, meaning it competes in the same funding pool as many applicants — it is more naturally positioned as a co-applicant or partner than as a funder. A related but legally separate entity, the Yanks Air Museum Foundation (EIN: 48-1276800), does make small external grants ($14,000 in Tax Year 2025), but it has distinct officers and no formal application process.
Organizations most likely to build productive relationships with Yanks Air Museum are those offering: aviation-history STEM education, aircraft restoration training, veteran memorial programming, aeronautical collections management, or youth outreach tied to aerospace careers. Frame any proposal as an extension of the museum's mission rather than a request for funds.
The museum is in a significant transition moment: founder Nichols passed away in 2026 after serving as CEO, and the 2024 fatal crash of a museum-owned Lockheed 12 Electra during a public event likely prompted operational reviews. This dual disruption means the board — comprising Christen Wright (the only paid director, at $110,020/year), Treasurer Valarie L. Deen, Richard L. Deen, David Meyer, Mike Shott, and Jerry Smith — is focused on institutional stability, not expansion into new grantmaking territory.
First-time outreach should go directly to Christen Wright via the museum's contact form at yanksair.org/contact/ or by phone at (909) 597-1735. Approach with a partnership frame, not a funding ask. A prior in-person visit to the Chino facility will signal authentic mission alignment to a board composed of aviation enthusiasts who recognize genuine passion for the subject.
Yanks Air Museum's charitable expenditures show consistent, operations-driven growth over more than a decade — but critically, all disbursements are classified as direct charitable activities, not grants to outside organizations ($0 in grants_paid across every reported fiscal year).
Year-by-year charitable disbursements: - FY2010: $807,691 (assets: $2.68M) - FY2011: $832,882 (assets: $2.80M) - FY2012: $802,599 (assets: $2.91M) - FY2013: $899,753 (assets: $2.98M) - FY2014: $1,143,513 (assets: $3.02M) - FY2018: $1,251,314 (assets: $4.46M) - FY2019: $1,141,279 (assets: $3.91M) - FY2020: $1,118,579 (assets: $4.23M) - FY2021: $1,461,053 (assets: $22.33M) - FY2022: $1,520,975 (assets: $22.59M) - FY2024: $1,996,146 (assets: $22.58M, per ProPublica)
From FY2010 to FY2024, annual charitable spending grew 147% — from $807,691 to $1,996,146. The median across all available years is approximately $1,141,000. The range spans $802,599 (FY2012) to $1,996,146 (FY2024).
Revenue composition has been predominantly contribution-driven: $1.57M in contributions in FY2022 (83% of revenue), $1.43M in FY2020 (100%), $0.83M in FY2019 (100%). The FY2021 outlier — $24.95M in revenue — resulted from a one-time $16.81M contribution surge plus $8.0M in net investment income, ballooning assets from $4.2M to $22.3M. This appears to be an endowment gift or major capital campaign, not recurring revenue.
By FY2024, the museum was running at a modest operational deficit: $1.79M revenue against $1.99M in disbursements, drawing down endowment. Officer compensation has remained stable at roughly 6-9% of total expenditures: Christen Wright earned $110,020 in FY2022, $98,575 in FY2020, $96,167 in FY2019.
All giving is geographically concentrated at the single Chino, CA facility. No program-area breakdown is publicly available since all charitable spending is direct-program. For the related Foundation entity (EIN: 48-1276800), the most recent filing shows just $14,000 in external grants — a minor supplemental figure relative to the museum's operating scale.
The database identifies five asset-comparable peers in the Arts & Culture category, all clustering within a narrow $22.4M-$22.9M asset band:
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Yanks Air Museum | $22.6M | $1.52M (FY2022) | Aviation preservation/education (operating) | No external grants |
| Earle Brown Music Foundation | $22.6M | N/A | Music / Arts & Culture | Unknown |
| Kramlich Art Foundation | $22.5M | N/A | Contemporary Art | Unknown |
| Barbara M Zalaznick Foundation | $22.4M | N/A | Arts & Culture | Unknown |
| Robert S & Grayce B Kerr Foundation | $22.9M | N/A | Arts & Culture | Unknown |
| The Orton Family Foundation | $22.9M | N/A | Arts & Culture | Unknown |
Yanks Air Museum is the most distinctive in this peer set for two reasons. First, it is the only operating institution rather than a traditional grantmaking foundation — its assets fund its own programs, not third-party grants. Second, its sector focus (aviation heritage) is highly specialized, placing it in a competitive funding niche with fewer peer funders but also fewer competing applicants. Its annual charitable disbursement rate of approximately 7% of assets exceeds the 5% minimum payout required of private foundations, reflecting the operational intensity of running a major aviation collection. Peers in music and visual arts typically make outward grants to other organizations; Yanks Air Museum does not. Grant seekers should treat this entity as a potential partner for joint applications to NEH, IMLS, or NEA rather than as a source of discretionary grants.
The defining event of 2026 is the death of founder Charles Fisher Nichols, who served as CEO and the organizational engine of Yanks Air Museum for more than five decades. Nichols began the collection in 1972/1973 with a Beech Staggerwing purchase and grew it to over 190 aircraft. His passing closes the founding chapter of the institution and opens a board-led governance transition whose outcome remains unclear as of mid-2026.
In June 2024, a twin-engine Lockheed 12 Electra owned by the museum crashed on takeoff during a Father's Day public flight event, killing two people including operator Frank Wright. The incident almost certainly triggered safety reviews and may have constrained airworthy aircraft programming — a signature differentiator for the museum.
The Greenfield, CA expansion — a 440-acre second site with a 250,000-square-foot museum hangar, 5,000-foot runway, hotel, winery, and restaurants — has been in planning since 1988, with renewed momentum reported in early 2020. Mayor Lance Walker described it as finally coming to fruition, with underground utilities completed and road work nearing completion. Post-Nichols, however, the project's status is uncertain.
Financially, the museum's most significant recent development was a $16.8M contribution surge in FY2021, growing assets from $4.2M to $22.3M. By FY2024, the museum was running a modest deficit ($1.79M revenue vs. $1.99M disbursements), drawing on that endowment base. Events are scheduled through March 2027, indicating operational continuity despite leadership change.
Because Yanks Air Museum directs all charitable expenditures to its own operations and reports $0 in grants to outside organizations, conventional grant application advice does not apply. The following tips are tailored to the realistic pathways that exist with this institution:
1. Target the Related Foundation Entity First The Yanks Air Museum Foundation (EIN: 48-1276800), a legally separate entity based at 13470 Dalewood Street, Baldwin Park, CA 91706, phone (626) 960-4802, does make external grants. The most recent filing shows $14,000 distributed with no formal application form required and no stated deadlines. A brief, well-crafted letter of inquiry describing your project, budget, and aviation-heritage alignment is sufficient. With founder Nichols deceased, contact may need to be directed to surviving board members — confirm current leadership before mailing.
2. Position as Mission Partner, Not Grant Applicant The museum's mission language is specific: "exhibiting, preserving and restoring American aircraft and artifacts in order to show the evolution of American aviation." Use this language verbatim. Frame your organization as extending the museum's educational footprint — through school programming, restoration apprenticeships, digital archiving, or veteran recognition aligned with the collection's WWII and Golden Era aircraft.
3. Leverage Federal Partnership Grants The museum's 509(a)(1) public charity status makes it an eligible co-applicant for IMLS (Institute of Museum and Library Services), NEH (National Endowment for the Humanities), and NEA (National Endowment for the Arts) grants targeting museum partnerships and cultural preservation. Approach the museum about co-applying: you bring the grant-writing capacity, they bring the institutional credibility and collection.
4. Respect the Leadership Transition Window With Nichols gone and the board navigating governance changes, avoid proposals requiring rapid commitments or significant resource diversion. Mid-2026 through 2027 is a settling period. Proposals emphasizing institutional legacy, collection preservation, and long-term endowment sustainability will align with the board's likely priorities.
5. Lead With a Site Visit Call (909) 597-1735 or use yanksair.org/contact/ to arrange a visit before any written outreach. The board is composed of aviation enthusiasts; demonstrated knowledge of the collection — referencing specific aircraft like the P-51 Mustang, Curtiss P-40 Warhawk, or Douglas SBD Dauntless — signals authentic interest and builds relationship capital that generic grant applications cannot replicate.
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No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Yanks Air Museum's charitable expenditures show consistent, operations-driven growth over more than a decade — but critically, all disbursements are classified as direct charitable activities, not grants to outside organizations ($0 in grants_paid across every reported fiscal year). Year-by-year charitable disbursements: - FY2010: $807,691 (assets: $2.68M) - FY2011: $832,882 (assets: $2.80M) - FY2012: $802,599 (assets: $2.91M) - FY2013: $899,753 (assets: $2.98M) - FY2014: $1,143,513 (assets: $3.
Yanks Air Museum occupies an unusual niche in the philanthropic landscape: it is primarily an operating aviation museum that channels its charitable expenditures internally — toward aircraft restoration, preservation, and education — rather than making grants to outside organizations. Every fiscal year on record shows $0 in grants paid to external parties, while annual charitable disbursements averaging $1.2M go to the museum's own programs. Grant seekers must internalize this distinction before.
Yanks Air Museum is headquartered in BURR RIDGE, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christen Wright | DIR | $110K | $0 | $110K |
| Jerry Smith | DIR | $0 | $0 | N/A |
| Charles F Nichols | DIR - CEO | $0 | $0 | N/A |
| Mike Shott | DIR | $0 | $0 | N/A |
| Richard L Deen | DIR | $0 | $0 | N/A |
| Valarie L Deen | DIR - TREASURER | $0 | $0 | N/A |
| David Meyer | DIR | $0 | $0 | N/A |
Total Giving
$1.5M
Total Assets
$22.6M
Fair Market Value
$22.6M
Net Worth
$21.1M
Grants Paid
N/A
Contributions
$1.6M
Net Investment Income
$131K
Distribution Amount
$1.1M
Total: N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.