Colorado Model Railroad Museum

Organization Overview

Colorado Model Railroad Museum is located in Greeley, CO. The organization was established in 2010. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2022, Colorado Model Railroad Museum employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Model Railroad Museum 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 03/2022, Colorado Model Railroad Museum generated $342.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $276.9k during the year ending 03/2022. While expenses have increased by 8.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A MODEL RAILROADING EXPERIENCE THAT EDUCATES, INSPIRES, AND BRINGS JOY TO ALL AGES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAINED RAILROAD ARTIFACTS, TRAIN MODELS, AND LAYOUTS FOR VIEWING BY THE PUBLIC TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Kempema
Executive Director
$39,996
Linda Winter
Board President
$0
Steve Lehwald
Board Treasurer
$0
Gene Haffner
Board Secretary
$0
John Cochran
Board Member
$0
Chuck Call
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,557
Fundraising events$0
Related organizations$0
Government grants $18,498
All other contributions, gifts, grants, and similar amounts not included above$105,631
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$149,686
Total Program Service Revenue$110,958
Investment income $6,480
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $35,826
Net Income from Fundraising Events $15,248
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $20,643
Miscellaneous Revenue$0
Total Revenue $342,517

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Colorado Model Railroad Museum has recieved totaling $12,619.

Awarding OrganizationAmount
Weld Community Foundation

Greeley, CO

PURPOSE: PROGRAM, CHARITABLE

$7,300
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$5,319
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$58,225
Ending Balance$58,225

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