New Mexico Steam Locomotive & Railroad Historical Society
- Assets
- $4.2m
- Revenue
- $175.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 85-0455673
Organization Overview
New Mexico Steam Locomotive & Railroad Historical Society is located in Albuquerque, NM. The organization was established in 2000. According to its NTEE Classification (A50) the organization is classified as: 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. New Mexico Steam Locomotive & Railroad 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 12/2023, New Mexico Steam Locomotive & Railroad Historical Society generated $175.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $159.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS HISTORICAL SOCIETY WAS CREATED TO RESTORE AND OPERATE A STEAM LOCOMOTIVE ENGINE AND TO PROMOTE AND EDUCATE THE PUBLIC ABOUT THE TIES OF STATE ECONOMIC DEVELOPMENT WITH RAIL TRANSPORTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY'S MISSION IS TO RESTORE AND OPERATE SANTA FE 2926, A BALDWIN 4 -8-4 NORTHERN STEAM LOCOMOTIVE, THAT HAS BEEN ON DISPLAY SINCE THE 1950'S AND FALLEN INTO DISREPAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Roberts President | OfficerTrustee | 16 | $0 |
Rick Marsden Vice Preside | OfficerTrustee | 16 | $0 |
Gail Kirby Secretary | OfficerTrustee | 16 | $0 |
Richard Kirby Chief Mechan | OfficerTrustee | 16 | $0 |
Jon Spargo Safety Offic | OfficerTrustee | 16 | $0 |
John Cekala Member | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,376 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $117,277 |
| Noncash contributions included in lines 1a–1f | $795 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,653 |
| Total Program Service Revenue | $0 |
| Investment income | $11,651 |
| 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 | $18,489 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,328 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,484 |
| Advertising and promotion | $15,722 |
| Office expenses | $2,663 |
| Information technology | $7,026 |
| Royalties | $0 |
| Occupancy | $1,337 |
| Travel | $3,525 |
| 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 | $31,871 |
| Insurance | $12,829 |
| All other expenses | $23,161 |
| Total functional expenses | $158,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,971 |
| Savings and temporary cash investments | $251,319 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,179 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,909 |
| Prepaid expenses and deferred charges | $5,456 |
| Net Land, buildings, and equipment | $254,594 |
| Investments—publicly traded securities | $70,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,568,399 |
| Total assets | $4,212,827 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $4,197,808 |
| Net assets with donor restrictions | $15,019 |
| 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 | $4,212,827 |