Buffalo Transportation Museum is located in Buffalo, NY. The organization was established in 1997. 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 09/2021, Buffalo Transportation Museum employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Transportation 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 09/2021, Buffalo Transportation Museum generated $3.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $639.4k during the year ending 09/2021. While expenses have increased by 2.2% per year over the past 6 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ESTABLISHMENT & OPERATION OF A MUSEUM DEVOTED TO STIMULATING PUBLIC AWARENESS OF THE HISTORY OF TRANSPORTATION INDUSTRIES IN US & EMPHASIS ON DEVELOPMENTS & INNOVATIONS ORIGINATING IN BUFFALO & NIAG FRONTIER.
Describe the Organization's Program Activity:
PROMOTION OF PUBLIC AWARENESS OF THE HISTORY OF THE TRANSPORTATION INDUSTRIES, SPECIFIC TO DEVELOPMENTS OCCURING IN THE CITY OF BUFFALO AND THE SURROUNDING NIAGARA REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James T Sandoro Exec. Dir/trustee | Trustee | 35 | $0 |
Robert E Knoer ESQ Trustee | Trustee | 5 | $0 |
Robert A Gianadda Trustee | Trustee | 3 | $0 |
Lauren Fix Trustee | Trustee | 1 | $0 |
Angelo Fatta Trustee | Trustee | 3 | $0 |
Frank Lucca Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,404,127 |
Noncash contributions included in lines 1a–1f | $1,891,517 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,404,127 |
Total Program Service Revenue | $87,215 |
Investment income | $1,497 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $672,389 |
Net Gain/Loss on Asset Sales | $43,924 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $13,874 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,245,879 |
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 | $3,249 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $45 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,331 |
Fees for services: Accounting | $18,562 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $654 |
Office expenses | $7,200 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $87,325 |
Travel | $2,236 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,121 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $279,565 |
Insurance | $52,518 |
All other expenses | $1,194 |
Total functional expenses | $639,375 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,844,390 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $26,000 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $14,336,131 |
Investments—publicly traded securities | $68,936 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,758,130 |
Total assets | $33,033,587 |
Accounts payable and accrued expenses | $118,051 |
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 | $1,172,120 |
Secured mortgages and notes payable | $2,278,853 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,569,024 |
Net assets without donor restrictions | $29,464,563 |
Net assets with donor restrictions | $0 |
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 | $33,033,587 |
Over the last fiscal year, we have identified 2 grants that Buffalo Transportation Museum has recieved totaling $360,005.
Awarding Organization | Amount |
---|---|
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: 1901 PACKARD PROJECT; 1936 PIERCE ARROW CAR | $360,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Gettysburg Foundation Gettysburg, PA | $96,770,268 | $15,954,577 |
National Constitution Center Philadelphia, PA | $153,929,623 | $18,487,505 |
Society For The Preservation Of New England Antiquities Inc Boston, MA | $149,018,347 | $24,101,977 |
Museum Of Jewish Heritage A Living Memorial To The Holocaust New York, NY | $55,434,280 | $9,656,219 |
Museum Of The American Revolution Philadelphia, PA | $136,106,228 | $14,346,373 |
National Baseball Hall Of Fame And Museum Inc Cooperstown, NY | $59,891,798 | $13,912,990 |
Museum Of The City Of New York New York, NY | $66,852,822 | $13,898,529 |
Old Sturbridge Inc Sturbridge, MA | $21,603,377 | $13,063,304 |
Plimoth Patuxet Museums Inc Plymouth, MA | $39,663,068 | $8,933,676 |
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Historic Deerfield Inc Deerfield, MA | $76,973,698 | $8,334,092 |
Heritage Plantation Of Sandwich Inc Sandwich, MA | $34,658,032 | $6,604,835 |