Gatsme Model Railroad Clubinc
- Assets
- $240.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockledge, PA
- Founding
- 08/2005
- Data as of
- 12/2022
- EIN
- 23-3051324
Organization Overview
Gatsme Model Railroad Clubinc is located in Rockledge, PA. The organization was established in 2005. According to its NTEE Classification (A57) the organization is classified as: Science & Technology 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. Gatsme Model Railroad Clubinc 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 12/2022, Gatsme Model Railroad Clubinc generated $52.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $29.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 3 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022, WE WELCOMED OVER 1,300 VISITORS TO OUR MUSEUM ACROSS 18 OPENING DAYS - 923 ADULTS AND 413 KIDS. VISITORS LEARN ABOUT HOW RAILROADS SHAPED THE ECONOMY AND THE LANDSCAPE OF THE SCHUYLKILL VALLEY, AND HOW WE BUILD AND RUN OUR MODEL RAILROAD THAT REPRESENTS THE REGION. WE ADDED TO OUR COLLECTION OF INTERPRETIVE EDUCATIONAL EXHIBITS ON LOCOMOTIVE PARTS, SIGNALING AND SIGNAGE, RAILROAD-RELATED ART, AND A FILM OF A NIGHT AT OUR CLUB IN THE EARLY 1960'S. WE ALSO SHOWCASE OUR PRESERVED INDUSTRIAL BUILDING, A FORMER TEXTILE MILL WHICH WAS ONCE AN EMPLOYER IN THE COMMUNITY. IN 2022 WE MADE SIGNIFICANT PROGRESS IN BUILDING SCENERY ON THE RAILROAD, AS WELL AS REWIRING AND REBUILDING TRACK FOR MORE RELIABLE OPERATIONS. WE WERE FEATURED ON OUR LOCAL ABC TV AFFILIATE IN FEBRUARY OF 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy Frick III President | 3 | $0 | |
Doug Baer Vice President | 3 | $0 | |
Andrew Koniers Treasurer | 3 | $0 | |
Fredrick Monsimer Secretary | 3 | $0 | |
David Kratz Board Member At-Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,445 |
| Total Program Service Revenue | $4,166 |
| Membership dues | $11,835 |
| Investment income | $307 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $360 |
| Other Revenue | $0 |
| Total Revenue | $52,113 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $252 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $416 |
| Occupancy, rent, utilities, and maintenance | $23,746 |
| Printing, publications, postage, and shipping | $1,731 |
| Other expenses | $2,804 |
| Total expenses | $29,099 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,389 |
| Other assets | $0 |
| Total assets | $240,636 |
| Total liabilities | $81,510 |
| Net assets or fund balances | $159,126 |