National Railroad Museum Inc

Organization Overview

National Railroad Museum Inc is located in Green Bay, WI. The organization was established in 1958. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, National Railroad Museum Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Railroad Museum Inc 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, National Railroad Museum Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 2.2% 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL RAILROAD MUSEUM, INC. FOSTERS AN UNDERSTANDING OF RAILROADING AND ITS SIGNIFICANCE TO AMERICAN LIFE. WE PURSUE THIS MISSION BY FOLLOWING ESTABLISHED MUSEUM PRACTICES, PROVIDING ONGOING PROGRAMS FOR ON-AND-OFF CAMPUS VISITORS, STRATEGICALLY COLLECTING ARTIFACTS, OFFERING INTERESTING AND ENGAGING EXHIBITS, AND INTERPRETING RAILROAD RELATED TOPICS.

Describe the Organization's Program Activity:

THE ORGANIZATION OPERATES A HISTORICAL RAILROAD MUSEUM. IN ADDITION, IT RAISES FUNDS FOR THE PROCUREMENT OF RAILROAD ARTIFACTS AND FOR OPERATION AND DEVELOPMENT OF THE MUSEUM FOR PUBLIC EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Jacqueline Frank
Executive Di
$82,318
John Bellin
Secretary
$0
Justin Kudick
Treasurer
$0
David J Ward
President
$0
Chuck Timmerman
Vice-Preside
$0
Ryan Krumrie
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$55,163
Fundraising events$0
Related organizations$0
Government grants $718,915
All other contributions, gifts, grants, and similar amounts not included above$2,033,492
Noncash contributions included in lines 1a–1f $1,399,389
Total Revenue from Contributions, Gifts, Grants & Similar$2,807,570
Total Program Service Revenue$583,731
Investment income $15,060
Tax Exempt Bond Proceeds $0
Royalties $2,030
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $321,024
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $100,485
Miscellaneous Revenue$0
Total Revenue $3,836,753

Grants Recieved

Over the last fiscal year, we have identified 11 grants that National Railroad Museum Inc has recieved totaling $133,003.

Awarding OrganizationAmount
Commander Wallace Pbuerschinger

Green Bay, WI

PURPOSE: RAIL CAR RESTORATION AND DISPLAYS

$87,060
Paul O And Carol H Gehl Family Foundation Inc

Hilbert, WI

PURPOSE: PROGRAM SUPPORT

$15,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$10,350
Edward L Fitzgerald Foundation Trust

Green Bay, WI

PURPOSE: PROGRAM SUPPORT

$6,801
Bernard E And Alyce G Dahlin Foundation Inc

Green Bay, WI

PURPOSE: GENERAL PROGRAMS AND SERVICES

$5,000
Primun Bonum Inc

De Pere, WI

PURPOSE: COMMUNITY

$3,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,134
Earnings$1,049
Admin Expense$200
Ending Balance$9,983

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