Nashville Steam Preservation Society
- Assets
- $1.0m
- Revenue
- $715.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Nashville, TN
- Founding
- 02/2016
- Data as of
- 12/2020
- EIN
- 47-5228161
Organization Overview
Nashville Steam Preservation Society is located in Nashville, TN. The organization was established in 2016. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Nashville Steam Preservation Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Steam Preservation Society 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 12/2020, Nashville Steam Preservation Society generated $715.8k in total revenue. All expenses for the organization totaled $559.4k during the year ending 12/2020.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE OUR HISTORY THROUGH EDUCATION AND HANDS-ON TRAINING WHILE PROMOTING TOURISM AND GOODWILL FOR METRO NASHVILLE BY RESTORING NC&STL LOCOMOTIVE #576 AND OTHER RAILROAD EQUIPMENT OF RELEVANT HISTORIC SIGNIFICANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION WORK ON # 576 CONTINUED, INCLUDING: SUBSTANTIAL WORK ON THE LOCOMOTIVE'S BOILER AND FIREBOX PERFORMED INCLUDING ULTRA-SONIC TESTING, PLANNING, ENGINEERING, AND PREPARATION FOR THE FRA FORM 4 INSPECTION; IDENTIFIED ALL STAY-BOLTS, STUDS, AND BRACES TO BE REPLACED; IDENTIFIED ALL MAJOR AREAS OF THE FIREBOX NEEDING REPAIR OR REPLACEMENT; REMOVED REAR FLUE SHEET AND FIREBOX SIDE SHEETS; FABRICATED NEW FIREBOX SIDE SHEETS AND REAR FLUE SHEET; MACHINED NEW VALVE CAGES; OVERHAULED HOT WATER PUMP; BEGAN OVERHAUL OF POWER REVERSE UNIT AND BOILER SAFETY VALVES; CONSTRUCTED ALL NEW CAB TO REPLACE THE ORIGINAL DETERIORATED ONE. REPAIRED SYPHON AND FITTED PATCH PLATES FOR DAMAGED BOILER SHEET AREAS. DEVELOPED AND DISTRIBUTED "THE ROAD TO REVIVAL", AN ONGOING EDUCATIONAL YOUTUBE VIDEO SERIES INFORMING THE GENERAL PUBLIC ABOUT THE LOCOMOTIVE, HOW IT OPERATES, AND FEATURING THE RARE ART OF RESTORING AN HISTORIC STEAM LOCOMOTIVE TO OPERATIONAL STATUS.FURTHER INFORMED THE GENERAL PUBLIC ABOUT THE PROJECT BY REGULARLY GIVING GUIDED TOURS OF THE SHOP, LOCOMOTIVE AND ITS MANY COMPONENTS IN THEIR VARIOUS STAGES OF RESTORATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Meador President | OfficerTrustee | 20 | $0 |
Joey Bryan Secretary | OfficerTrustee | 20 | $0 |
Bill Webster Treasurer | OfficerTrustee | 20 | $0 |
Terry Bebout Vice President | OfficerTrustee | 20 | $0 |
Jack Fisher Director | Trustee | 10 | $0 |
Eleanor Menefee Parkes Director | Trustee | 10 | $0 |
Financial Statements
| 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 | $703,314 |
| Noncash contributions included in lines 1a–1f | $10,606 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,314 |
| Total Program Service Revenue | $0 |
| Investment income | $4,559 |
| 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 | $7,943 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $715,816 |
| 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 | $8,157 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,900 |
| Advertising and promotion | $304 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,917 |
| 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 | $24,174 |
| Insurance | $3,785 |
| All other expenses | $5,676 |
| Total functional expenses | $559,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $784,280 |
| 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 | $12,778 |
| Prepaid expenses and deferred charges | $90,344 |
| Net Land, buildings, and equipment | $111,306 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $1,001,708 |
| Accounts payable and accrued expenses | $72,631 |
| 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 | $72,631 |
| Net assets without donor restrictions | $929,077 |
| 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 | $1,001,708 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Nashville Steam Preservation Society has recieved totaling $47,637.
| Awarding Organization | Amount |
|---|---|
Candelaria Fund Little River, CA PURPOSE: GENERAL SUPPORT | $22,500 |
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: TO PROVIDE BIG PAYBACK 2021 GIVING DAY PAYMENT. | $14,482 |
The Joyce Family Foundation Jenkintown, PA PURPOSE: GENERAL CHARITABLE PURPOSES | $9,000 |
Angel Corps Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $655 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |
Country Music Foundation Inc Nashville, TN | $103,507,163 | $14,152,198 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Barber Vintage Motorsports Museum Birmingham, AL | $96,854,317 | $20,184,084 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Mariners Museum Newport News, VA | $159,780,245 | $10,021,200 |
National Center For Civil And Humanrights Inc Atlanta, GA | $28,909,465 | $12,210,926 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Atlanta Hall Management Inc Atlanta, GA | $34,614,233 | $3,372,998 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |