National Railway Historical Society
- Assets
- $916.0k
- Revenue
- $292.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1974
- Data as of
- 03/2024
- EIN
- 23-7386340
Organization Overview
National Railway Historical Society, operating under the name Washington Dc Chapter, is located in Washington, DC. The organization was established in 1974. 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. Washington DC Chapter 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 03/2024, Washington DC Chapter generated $292.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $490.2k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND PUBLIC APPRECIATION OF RAILROADS AND THEIR HISTORY THROUGH PRESERVATION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAILCAR MAINTENANCE AND PRESERVATION. INCLUDING MAINTAINING 1 TO AMTRAK SPECIFICATIONS. APPROXIMATE NUMBER OF DIRECT PARTICIPANTS: 20. HEAVILY FOCUS ON IN 2024 ON REPLACING THE HVAC SYSTEM OF DOVER HARBOR, REPAIRING DRAFT GEAR, STRUCTTURAL REPAIRS, COT&S.. WE USE VOLUNTEERS AS MUCH AS WE CAN. MUCH OF THE WORK IN FISCAL 2024 HAD TO BE OUTSOURCED TO A RAILCAR REPAIR SHOP.
HISTORIC RAILROAD AND RAILCAR TRIPS, TOURS, AND EXCURSIONS OPERATION. WE OPERATED A SINGLE CHARTER TO PITTSBURGH. WE ALSO OPERATED TWO PUBLIC TRIPS BETWEEN NEW YORK AND BOSTON AND ALBANY, AND WASHINGTON, D.C. WE ALSO OPERATED TWO LOCAL WALKING TOURS OF THE IVY CITY AREA IN DC.
EDUCATIONAL PROGRAMS, INCLUDING MEMBER AND PUBLIC MEETINGS (ON-LINE) ON TOPICS OF RAILWAY HISTORY AND RAILWAY PRESERVATION, MONTHLY NEWSLETTER PUBLICATION, AND LIBRARY OPERATION. APPROXIMATE NUMBER OF DIRECT PARTICIPANTS: 240 (ON-LINE PROGRAMS) + NEWSLETTER READERSHIP OF 425 PER MONTH (ON-LINE MONTHLY PROGRAMS). TRAIN DAY WAS HELD AT THE LIBRARY THE SUNDAY AFTER THANKSGIVING AND ABOUT 20 PARTICIPANTS CAME AND CHECKED OUT THE LIBRARY AND WATCHED THE AMTRAK TRAINS ROLL BY ON THE BUSIEST DAY OF THE YEAR ON THE NORTHEAST CORRIDOR. PARTICIPATED IN THE OLD BOWIE FESTIVAL DAY (10/7/23), AND WE HAD A TWO-DAY OPEN HOUSE TO THE PUBLIC ON 8/12 - 8/13/23
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Garabedian Director At Large | Trustee | 2 | $0 |
Tom Shevock Director At Large | Trustee | 2 | $0 |
Paul Barnes Director At Large | Trustee | 2 | $0 |
Jon Baake Director At Large | Trustee | 5 | $0 |
Bob Bitzer Director At Large | Trustee | 3 | $0 |
Carol Zabrosky Director At Large | Trustee | 2 | $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 | $213,656 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,656 |
| Total Program Service Revenue | $70,992 |
| Investment income | $4,341 |
| 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 | $1,636 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $292,255 |
| 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 | $80 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,159 |
| Office expenses | $11,729 |
| Information technology | $5,175 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,780 |
| Insurance | $11,426 |
| All other expenses | $421,947 |
| Total functional expenses | $490,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $673,947 |
| Savings and temporary cash investments | $108,961 |
| 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 | $6,126 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $126,943 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $915,977 |
| Accounts payable and accrued expenses | $780 |
| 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 | $0 |
| Total liabilities | $780 |
| Net assets without donor restrictions | $915,197 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $915,977 |