Classic Lear Jet Foundation

Organization Overview

Classic Lear Jet Foundation is located in Wichita, KS. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classic Lear Jet Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE AND OPERATE THE LEAR JET AIRCRAFT 23-003.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLASSIC LEAR JET FOUNDATION PURCHASED THE LEAR JET AIRCRAFT 23-003 IN 2023 AND TRANSPORTED IT FROM FLORIDA TO WICHITA, KS. ONCE IN WICHITA, THE FOUNDATION BEGAN RESTORATION.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Kovich
Director At Large
$0
Woody Cottner
Director At Large
$0
Ron Forshee
Director At Large
$0
Mark Zerener
Director At Large
$0
Chris Zalusky
Director At Large
$0
William Kinkaid
Board President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$65,809
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$152,748
Noncash contributions included in lines 1a–1f $84,126
Total Revenue from Contributions, Gifts, Grants & Similar$218,557
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $218,557

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