New York Central System Historical Society
- Assets
- $551.4k
- Revenue
- $203.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 04/1971
- Data as of
- 12/2021
- EIN
- 23-7084709
Organization Overview
New York Central System Historical Society is located in Leesburg, VA. The organization was established in 1971. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. New York Central System Historical Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New York Central System Historical Society generated $203.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $107.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NYCSHS IS TO PERPETUATE THE LEGACY OF THE NEW YORK CENTRAL SYSTEM BY ACQUIRING AND PRESERVING ITS HISTORY, TRADITIONS, DOCUMENTS, AND ARTIFACTS: AND BY DISSEMINATING ACCURATE INFORMATION AND PRODUCTS CONSISTENT WITH GOOD STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NYCSHS ARCHIVES IS OPEN TO ANYONE WISHING TO EXPLORE THE VAST HISTORY OF THE NEW YORK CENTRAL'S RAILROADS. USING THE RESOURCES IN THE ARCHIVES, THE SOCIETY PUBLISHES BOOKS, DVDS, FLASH DRIVES, PHOTOS, AND OTHER MATERIAL COVERING ALL ASPECTS OF THE NYCS'S OPERATIONS. THE FACILITY HAS ALLOWED US TO CONSOLIDATE ALL OF OUR ARCHIVE MATERIAL INTO ORGANIZED FILES AND HAS MADE IT MORE ACCESSIBLE FOR RESEARCH AND DISTRIBUTION. WE HAVE UPGRADE OUR I.T. SYSTEM TO ALLOW DIGITAL ACCESS TO MUCH OF OUR MATERIAL AND HAVE ACQUIRED CLOUD BACKUP TO ENSURE COMPLETE REDUNDANT ACCESS. OUR LATEST CAPABILITY INCLUDES THE ABILITY FOR MEMBERS AND NON MEMBERS TO SEARCH OUR COMPLETE COLLECTION OF DIGITAL IMAGES AND ORDER THEM FROM OUR ARCHIVE DIGITAL SHOP. WE ARE IN THE PROCESS OF ADDING MAPS AND OTHER MATERIAL TO THAT CAPABILITY
WE PUBLISH A QUARTERLY MAGAZINE ON THE HISTORY OF THE NYCS RAILROADS. THE "CENTRAL HEADLIGHT" PROVIDES US A WAY TO SHARE THE RAILROAD'S HISTORY TO OUR MEMBERS AND THE PUBLIC. IT IS A HIGH QUALITY 40-48 PAGE COLOR PUBLICATION CONTAINING ARTICLES AND PHOTOS ON THE HISTORY OF THE NYCS. WE ALSO PUBLISH A QUARTERLY 100-125 PAGE ONLINE MAGAZINE, "NY CENTRAL MODELER", TO SHOWCASE NYCSHS MEMBERS MODELING OF THE NYCS.WE PUBLISHED ONE HARD COVER BOOK IN THE PAST YEAR ABOUT THE NYCS HISTORY,"KNOW THY LATE MOHAWKS". WE SUPPORTED SEVERAL OTHER ORGANIZATIONS TECHNICAL HELP AND IMAGES IN THE PUBLICATION OF NYCS RELATED BOOKS. WE ALSO SUPPORTED SEVERAL MINORITY ORGANIZATIONS WHO WERE SEEKING TECHNICAL AND IMAGERY SUPPORT FOR VIDEOS AND BOOKS. THE ARCHIVE VOLUNTEERS ACQUIRED AND PROCESSED HUGE COLLECTIONS FROM MEMBER ESTATES, THE SMITHSONIAN INSTITUTION, MEMBER AND NON MEMBER COLLECTIONS DONATIONS. WE PROVIDED TECHNICAL AND IMAGE SUPPORT TO SEVERAL AUTHORS, LOCAL HISTORICAL SOCIETIES AND PUBLIC LIBRARIES FOR LOCAL RAILROAD DISPLAYS
THE SOCIETY PROVIDES AN EXTENSIVE NETWORK OF ONLINE NYCS EXPERTS TO ANSWER QUESTIONS ABOUT THE NYCS. THIS IS DONE THROUGH GROUPS IO, FACEBOOK PAGES, A NYCSHS WEBSITE, AND VIA INTERNET CONNECTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nf Widdifield Treasurer | Officer | 38 | $0 |
Jc Suhs Secretary | Officer | 10 | $0 |
Dt Mackay President | Officer | 30 | $0 |
Sh Lustig Vice President | Officer | 12 | $0 |
P N Stoving Director | Trustee | 28 | $0 |
Rc Mcqueen Director | Trustee | 24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,079 |
| Total Program Service Revenue | $82,730 |
| Investment income | $8,411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $50,989 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $203,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,762 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,308 |
| Office expenses | $7,113 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,063 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,043 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,129 |
| All other expenses | $0 |
| Total functional expenses | $107,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,928 |
| Savings and temporary cash investments | $142,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $31,964 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $342,303 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,289 |
| Total assets | $551,427 |
| Accounts payable and accrued expenses | $129 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,106 |
| Total liabilities | $77,235 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $474,192 |
| Total liabilities and net assets/fund balances | $551,427 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New York Central System Historical Society has recieved totaling $30.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
White House Historical Association Washington, DC | $70,614,346 | $21,703,882 |
National Links Trust Washington, DC | $8,914,003 | $10,793,468 |
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
The Lynnwood Foundation Charlotte, NC | $21,387,443 | $5,860,754 |
The Heritage Foundation Of Williamson County Tn Franklin, TN | $23,589,168 | $5,101,900 |
Classical American Homes Preservation Trust Hillsborough, NC | $132,123,539 | $8,113,151 |
Andrew Jackson Foundation Hermitage, TN | $11,010,285 | $4,320,645 |
National Archives Foundation Washington, DC | $14,544,421 | $8,935,036 |
Memphis Chapter For Preservation Of Tennessee Antiquities Nashville, TN | $7,377,257 | $4,193,595 |
House Of The Temple Historic Preservation Foundation Inc Washington, DC | $31,687,828 | $5,822,669 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |