Minnesota Street Car Museum is located in Minneapolis, MN. The organization was established in 2005. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Minnesota Street Car 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 12/2022, Minnesota Street Car Museum generated $290.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $156.1k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSEUM'S MISSION IS TO PRESERVE AND COMMUNICATE TO THE PUBLIC THE EXPERIENCE OF MINNESOTA'S ELECTRIC STREET AND INTERURBAN RAILWAY HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION AND PRESERVATION OF HISTORIC STREETCARS
OPERATION OF HISTORIC STREETCARS FOR EDUCATION OF THE PUBLIC
QUARTERLY EDUCATIONAL MAGAZINE PUBLICATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Isaacs Chairman | OfficerTrustee | 12 | $0 |
David French Vice Chairman | OfficerTrustee | 2 | $0 |
Christopher Heck Treasurer | OfficerTrustee | 8 | $0 |
James Vaitkunas Secretary | OfficerTrustee | 8 | $0 |
Benjamin Franske Director | Trustee | 1 | $0 |
Karen Kertzman Director | 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 | $170,864 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $170,864 |
Total Program Service Revenue | $97,920 |
Investment income | $1,039 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,037 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $17,314 |
Miscellaneous Revenue | $0 |
Total Revenue | $290,174 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $27,277 |
Total functional expenses | $156,106 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $504,008 |
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 | $18,229 |
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 | $0 |
Other assets | $0 |
Total assets | $522,237 |
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 | $0 |
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 | $522,237 |
Total liabilities and net assets/fund balances | $522,237 |
Over the last fiscal year, we have identified 2 grants that Minnesota Street Car Museum has recieved totaling $10,103.
Awarding Organization | Amount |
---|---|
Nextstage Bloomington, MN PURPOSE: MN DEED MAIN STREET GRANT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $103 |
Organization Name | Assets | Revenue |
---|---|---|
Minnesota Historical Society Saint Paul, MN | $261,681,031 | $58,257,393 |
Pioneer Home Incorporated Fergus Falls, MN | $18,276,562 | $17,034,682 |
Hoyt Sherman Place Foundation Des Moines, IA | $25,209,028 | $4,318,549 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Clover Fields Preservation Foundation Inc Minneapolis, MN | $10,552,332 | $5,740,196 |
The Basilica Landmark Minneapolis, MN | $10,889,737 | $3,579,135 |
Orpheum Theatre Preservation Project Ltd Sioux City, IA | $9,952,360 | $2,698,691 |
Badlands Natural History Association Inc Interior, SD | $3,710,673 | $1,802,760 |
Franklin County Fair Foundation Hampton, IA | $108,954 | $446,222 |
Wisconsin Vietnam Veterans Memorial Project Inc Neillsville, WI | $4,698,350 | $1,226,254 |
South Dakota Historical Society Foundation Pierre, SD | $2,393,071 | $765,039 |
Burlington Riverfront Entertainment Burlington, IA | $130,152 | $703,143 |