Kentucky Steam Heritage Corporation is located in Irvine, KY. The organization was established in 2016. 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. Kentucky Steam Heritage Corporation 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, Kentucky Steam Heritage Corporation generated $288.4k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE KENTUCKY STEAM HERITAGE CORPORATION (KSHC) IS A KENTUCKY BASED 501(C)(3) NON-PROFIT ORGAINIZATION OPERATING WITH THE INTENT TO EDUCATE, ENTERTAIN AND INSPIRE PAST, CURRENT AND FUTURE GENERATIONS BY OPERATING HISTORIC RAIL EQUIPMENT. THE HALLMARK OF OUR EFFORTS IS THE RESTORATION OF CHESAPEAKE & OHIO RAILWAY STEAM LOCOMOTIVE 2716 TO OPERATION. THE RESTORATION AND OPERATION OF 2716 AND OTHER HISTORIC PIECES WILL PROVE TO BE LIVING HISTORY AND WILL SERVE AS AN EDUCATIONAL TOOL, ENHANCING HERITAGE TOURISM AND STIMULATING ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL WORK ON RESTORATION OF C&O 2716, A LOCOMOTIVE BUILT IN 1943. WORK INCLUDED STABILIZATION AND SMALL APPLIANCE MAINTENANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Nugent Director And Treasurer | 20 | $0 | |
Chris Campbell President Ed | 20 | $0 | |
Jeff Lisoskwe Director | 5 | $0 | |
Andy Wartman Director Of Restorations | 20 | $0 | |
Tj Mahan Director Of Grant Writng | 10 | $0 | |
Joseph Crawford Director | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $12,500 |
All other contributions, gifts, grants, and similar amounts not included above | $116,343 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $128,843 |
Total Program Service Revenue | $159,583 |
Investment income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $288,426 |
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 | $1,440 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,198 |
Office expenses | $10,801 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,456 |
Travel | $983 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $14,885 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $378 |
Insurance | $19,878 |
All other expenses | $2,106 |
Total functional expenses | $94,743 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $237,560 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $364,085 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1 |
Total assets | $601,646 |
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 | $14,500 |
Secured mortgages and notes payable | $291,836 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $306,336 |
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 | $295,310 |
Total liabilities and net assets/fund balances | $601,646 |
Over the last fiscal year, we have identified 1 grants that Kentucky Steam Heritage Corporation has recieved totaling $177.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $177 |
Organization Name | Assets | Revenue |
---|---|---|
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |
Sunset Memorial Park Association North Olmsted, OH | $79,187,854 | $7,193,716 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Cuyahoga Valley Preservation And Scenic Railway Association Peninsula, OH | $11,093,810 | $8,580,241 |
Colonel Il James N Pritzker Library For The Citizen Soldier Chicago, IL | $30,735,848 | $6,408,136 |
Western Reserve Historical Society Cleveland, OH | $45,747,344 | $9,269,565 |
Stan Hywet Hall & Gardens Inc Akron, OH | $11,720,685 | $5,111,685 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |