Bay State Model Railroad Museum Inc
- Assets
- $254.0k
- Revenue
- $81.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Roslindale, MA
- Founding
- 09/2003
- Data as of
- 12/2023
- EIN
- 03-0472947
Organization Overview
Bay State Model Railroad Museum Inc is located in Roslindale, MA. The organization was established in 2003. 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. Bay State Model 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 12/2023, Bay State Model Railroad Museum Inc generated $81.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $77.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BAY STATE MODEL RAILROAD MUSEUM OPERATES A MODEL TRAIN MUSEUM IN ROSLINDALE (BOSTON), MASS. THE MUSEUM INCLUDES LAYOUTS OF THREE DIFFERENT SCALES: "H", "N AND O". THE MUSEUM IS OPEN TO MEMBERS THROUGHOUT THE YEAR WHO WORK ON THE LAYOUTS. THE MUSEUM GENERALLY HOLDS TWO OPEN HOUSES DURING THE YEAR - SPRING AND CHRISTMAS. IN ADDITION TO CHARITABLE DISBURSEMENTS OF $19,490, THE ORGANIZATION EXPENDED $19,928 IN ADJUSTED NET INCOME. TOTAL EXPENDED = $39,418.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Hartwell President | 5 | $0 | |
Steven Shaw Secretary | 3 | $0 | |
Charles Stoddard Treasurer | 5 | $0 | |
David Barabas To 32023 Director | 2 | $0 | |
Ron Tremblay Director | 2 | $0 | |
Jules Jay Morris Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,145 |
| Interest on Savings | $27 |
| Dividends & Interest | $0 |
| Net Rental Income | $30,067 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $19,928 |
| Total Revenue | $81,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,773 |
| Depreciation | $14,383 |
| Occupancy | $11,630 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38,980 |
| Total operating and administrative expenses | $77,093 |
| Contributions, gifts, grants paid | $300 |
| Total expenses and disbursements | $77,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,056 |
| Savings and temporary cash investments | $52,959 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $161,975 |
| Other assets | $0 |
| Total assets | $253,990 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bay State Model Railroad Museum Inc has awarded $950 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ABCD HEAD START PURPOSE: GENERAL SUPPORT | $450 |
BOYS AND GIRLS CLUB PURPOSE: GENERAL SUPPORT | $450 |
BOSTON LYRIC OPERA PURPOSE: IN MEMORIAM | $50 |