Southern Appalachia Railway Museum
- Assets
- $343.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Ridge, TN
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 62-1435941
Organization Overview
Southern Appalachia Railway Museum is located in Oak Ridge, TN. The organization was established in 1991. According to its NTEE Classification (A54) the organization is classified as: History 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. Southern Appalachia Railway 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 12/2021, Southern Appalachia Railway Museum generated $74.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $44.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Smith Vice President | 15 | $0 | |
Scott Lindsey President | 20 | $0 | |
Steve Forrest Secretary | 15 | $0 | |
Kevin Centers Treasurer | 15 | $0 | |
Charles Poling Museum Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,200 |
| Total Program Service Revenue | $61,850 |
| Membership dues | $20 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,071 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,199 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,117 |
| Total expenses | $44,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,677 |
| Other assets | $0 |
| Total assets | $343,117 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $338,117 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Appalachia Railway Museum has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
National Infantry Museum Foundation Inc Columbus, GA | $75,263,880 | $5,605,336 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
North Carolina Transportation Museum Foundation Spencer, NC | $11,455,078 | $7,616,895 |
Old Salem Incorporated Winstonsalem, NC | $81,707,076 | $3,795,190 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
Soulsville Memphis, TN | $9,455,990 | $2,725,171 |
Valentine Museum Richmond, VA | $31,520,182 | $4,443,441 |
George Washington Masonic National Memorial Association Inc Alexandria, VA | $22,574,581 | $2,980,400 |
National Womens History Museum Alexandria, VA | $1,422,250 | $2,958,832 |