National Railway Historical Society Inc
- Assets
- $474.8k
- Revenue
- $393.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Moorestown, NJ
- Founding
- 11/1969
- Data as of
- 12/2021
- EIN
- 23-7053004
Organization Overview
National Railway Historical Society Inc is located in Moorestown, NJ. The organization was established in 1969. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. National Railway Historical Society 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 12/2021, National Railway Historical Society Inc generated $393.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $467.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RAILWAY HERITAGE PRESERVATION AND EDUCATE MEMBERS ABOUT RAIL TRANSPORTATION HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION: A NATIONAL CONVENTION IS HELD ANNUALLY AT A LOCATION OF RAIL HISTORY SIGNIFICANCE AND ATTENDED BY SEVERAL HUNDRED PEOPLE. CONVENTION ACTIVITIES INCLUDE SEMINARS, FIELD TRIPS TO VISIT RAILROADS HISTORICAL RAILROAD SITES, INSPECT RAIL FACILITIES, OBSERVE OPERATION OF PRESERVED RAILROAD EQUIPMENT AND RAIL EXCURSIONS, OFTEN ON RAIL LINES WHICH RARELY HAVE PASSENGER TRAIN SERVICE. THE SOCIETY'S CONVENTIONS ARE OPEN TO MEMBERS OF THE GENERAL PUBLIC INTERESTED IN RAILWAY HISTORY. THE 2021 CONVENTION WAS HELD IN WISCONSIN AND WAS ATTENDED BY ABOUT 160 PEOPLE.
RAILCAMP: THE SOCIETY OPERATES TWO (2) ONE-WEEK SESSIONS OF RAILCAMP, A TRAINING PROGRAM OF SEMINARS AND FIELD TRIPS OPEN TO HIGH SCHOOL STUDENTS FROM 9TH TO 12TH GRADE, TO PROVIDE BACKGROUND IN RAILROAD HISTORY PRESERVATION, RAILROAD HISTORY INTERPRETATION, WHICH INVOLVES LEARNING HOW TO TELL THE STORY OF RAILROAD HISTORY TO THE GENERAL PUBLIC, ALONG WITH RAILROAD OPERATION AND TRANSPORTATION CAREER OPPORTUNITIES. ONE SESSION WAS HELD IN WILMINGTON, DELAWARE; THE OTHER WAS HELD IN TACOMA, WASHINGTON. IN 2021, THIS PROGRAM WAS CANCELLED BECAUSE OF THE COVID-19 PANDEMIC.
GRANTS: SINCE 1994, THE NATIONAL RAILWAY HISTORICAL SOCIETY HAS AWARDED GRANTS FOR PROJECTS THAT PRESERVE, RESEARCH, EDUCATE, OR PUBLISH RAILWAY HISTORY. EXAMPLE PROJECTS INCLUDE RAILROAD STRUCTURE AND EQUIPMENT STABILIZATION, MECHANICAL REPAIRS, PRESERVATION AND RESTORATION, BOOK PUBLICATION, CATALOGING OF ARCHIVAL MATERIALS, AND ORAL HISTORY PRODUCTIONS. THE PROGRAM IS OPEN TO NRHS CHAPTERS AND OTHER 501C3 TAX EXEMPT ORGANIZATIONS. THE MAXIMUM AWARD IS $5,000 PER YEAR PER PROJECT.
PUBLICATIONS: NRHS ISSUES TWO PUBLICATIONS. FOUR PRINTED ISSUES OF THE "NRHS BULLETIN" WAS DISTRIBUTED TO THE MEMBERS OF THE SOCIETY. THIS PUBLICATION PROVIDES HISTORICAL DATA AND INFORMATION NOT LIKELY TO BE COVERED IN SIMILAR PUBLICATIONS AND PROVIDES A SHOWCASE FOR NEW WRITERS IN THE FIELD OF RAILROAD HISTORY. SIX ISSUES OF "NRHS NEWS" WERE DISTRIBUTED ELECTRONICALLY TO THE MEMBERS OF THE SOCIETY AND POSTED TO THE SOCIETY'S WEB PAGE. THREE PRINTED ISSUES OF THIS PUBLICATION WERE ALSO DISTRIBUTED. THE PURPOSE OF THIS PUBLICATION IS TO KEEP THE MEMBERS ABREAST OF CURRENT EVENTS AND ACTIVITIES TAKING PLACE IN THE SOCIETY AND IN THE FIELD OF RAILROAD HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Allen Weber President | OfficerTrustee | 5 | $0 |
Tony White Vice President | OfficerTrustee | 3 | $0 |
Ned Harris Director | Trustee | 1 | $0 |
Roberta Ballard Director | Trustee | 1 | $0 |
Regan Rickson Director | Trustee | 1 | $0 |
Eric Fogg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,665 |
| Membership dues | $200,627 |
| Fundraising events | $0 |
| Related organizations | $52,771 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,103 |
| Total Program Service Revenue | $77,924 |
| Investment income | $17 |
| 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 | -$925 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $225,000 |
| 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 | $9,898 |
| Fees for services: Accounting | $20,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,861 |
| Information technology | $6,149 |
| Royalties | $0 |
| Occupancy | $5,143 |
| Travel | $19,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,473 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,773 |
| All other expenses | $0 |
| Total functional expenses | $467,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $448,120 |
| Savings and temporary cash investments | $5,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,489 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,107 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,124 |
| Other assets | $8,900 |
| Total assets | $474,751 |
| Accounts payable and accrued expenses | $11,720 |
| Grants payable | $0 |
| Deferred revenue | $117,171 |
| 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 | $40,000 |
| Total liabilities | $168,891 |
| Net assets without donor restrictions | $288,853 |
| Net assets with donor restrictions | $17,007 |
| 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 | $474,751 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Railway Historical Society Inc has recieved totaling $230.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Historic Morven Inc Princeton, NJ | $24,966,023 | $2,239,709 |
Adirondack Railway Preservation Society Utica, NY | $2,682,180 | $3,406,896 |