Fort Collins Municipal Railway Society
- Assets
- $84.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- 05/1981
- Data as of
- 03/2024
- EIN
- 74-2169027
Organization Overview
Fort Collins Municipal Railway Society is located in Fort Collins, CO. The organization was established in 1981. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Fort Collins Municipal Railway 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 03/2024, Fort Collins Municipal Railway Society generated $34.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $34.6k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (28.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
IN 2023, THE FORT COLLINS MUNICIPAL RAILWAY SOCIETY MAINTAINED 1.5 MILES OF RAIL LINE AND OPERATES TWO VINTAGE RAILCARS TO HIGHLIGHT THE CITY OF FORT COLLINS' ELECTRIC RAILWAY HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bethany O'brien President | 8 | $0 | |
Jim Bowers Vice President | 8 | $0 | |
Douglas Gennetten Secretary | 8 | $0 | |
Courtney Franklin Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,242 |
| Total Program Service Revenue | $21,723 |
| Membership dues | $2,140 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,125 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,225 |
| Occupancy, rent, utilities, and maintenance | $2,464 |
| Printing, publications, postage, and shipping | $1,062 |
| Other expenses | $28,841 |
| Total expenses | $34,592 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,248 |
| Other assets | $0 |
| Total assets | $84,144 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,144 |