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Kansas · Nonprofit

CLASSIC LEAR JET FOUNDATION

CLASSIC LEAR JET FOUNDATION (Kansas) receives grants from 5 organizations whose IRS filings report $51,300 to it, the largest being CLAY LACY FOUNDATION ($25,000). 1 of them have funded it in more than one year.

Revenue FY2024
$115k
Funders on record
5
Grants received
$51k
Net assets
$307k
1/5 repeat funderspeak grant-dependency 17%
01What it does

What Classic Lear Jet Foundation does

Mission

To preserve and operate the Lear Jet aircraft 23-003.

As stated on its FY2024 Form 990-EZ.

Program

  1. To purchase, operate, and preserve an important artifact of the lear jet history, aircraft 23-003, the first to ever be delivered to a customer. The aircraft is in the process of being restored, and once this is accomplished, the aircraft will be part of a living flight history program in airshows and other public events.

    $64,493 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $64,493.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($219k) Expenses 100 ($169k) Net assets 100 ($191k)2024 Revenue 53 ($115k) Expenses 53 ($89k) Net assets 161 ($307k)
20232024
Revenue (53)Expenses (53)Net assets (161)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $191k to $307k (+61%).

$191k
$307k
20232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
ContributionsProgram revenueInvestmentOther

100% of CLASSIC LEAR JET FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$50k
’23
$26k
’24
6.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

William Kinkaid

Board President

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of CLASSIC LEAR JET FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CLASSIC LEAR JET FOUNDATION leans on a few funders — its largest provides 49% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

49%
largest funder
89%
top three
~3
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CLASSIC LEAR JET FOUNDATION draws 95% of its grant income from funders outside Kansas, across 5 states in all.

WA
OH
CA
KS
TX

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CLASSIC LEAR JET FOUNDATION runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin23% · top quartile
Revenue growth (annualized)−47% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like CLASSIC LEAR JET FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kansas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for CLASSIC LEAR JET FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CLASSIC LEAR JET FOUNDATION?
CLASSIC LEAR JET FOUNDATION (Kansas) receives grants from 5 organizations whose IRS filings report $51,300 to it, the largest being CLAY LACY FOUNDATION ($25,000). 1 of them have funded it in more than one year.
How many funders does CLASSIC LEAR JET FOUNDATION have?
IRS filings report 5 organizations giving $51,300 in grants to CLASSIC LEAR JET FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of CLASSIC LEAR JET FOUNDATION?
CLAY LACY FOUNDATION is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like CLASSIC LEAR JET FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Classic Lear Jet →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing