Galloping Goose Historical Society Of Dolores Inc
- Assets
- $900.7k
- Revenue
- $73.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Dolores, CO
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 74-2501656
Organization Overview
Galloping Goose Historical Society Of Dolores Inc is located in Dolores, CO. The organization was established in 1987. 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. Galloping Goose Historical Society Of Dolores 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, Galloping Goose Historical Society Of Dolores Inc generated $73.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $56.2k during the year ending 12/2021. 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
PRESERVE THE HISTORY OF THE RIO GRANDE SOUTHERN RAILROAD (RGS) AND IT SURROUNDING AREA. OPERATE A RAILROAD MUSEUM AND RUN RGS GOOSE NO. 5, A HISTORIC RAILCAR, AT THE MUSEUM AND AT LOCAL AREA NARROW GAUGE RAILROADS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A MUSEUM AND GIFT SHOP IN ORIGIANL DEPOT OF THE RIO GRANDE SOUTHERN RAILROAD IN DOLORES, COLORADO. OFFER SHORT RIDES TO THE PUBLIC ON THE GALLOPING GOOSE.
TRANSPORT THE GALLOPING GOOSE RAIL CAR TO DURANGO, COLORADO AND CHAMA, NEW MEXICO TO OPERATE ON HISTORICAL NARROW GAUGE RAILROAD TRACKS TO OFFER PUBLIC EXCURSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Wolfe Vice President | Trustee | 5 | $0 |
Joe Becker President | Trustee | 20 | $0 |
Chris Pranskatis Secretary | Trustee | 2 | $0 |
Rodney Guggenheim Treasurer | Trustee | 2 | $0 |
R J Mckay Board Member | Trustee | 2 | $0 |
Ben Deason Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,020 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,082 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,102 |
| Total Program Service Revenue | $8,122 |
| Investment income | $681 |
| 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 | $7,483 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,514 |
| 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 | $10,662 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $536 |
| 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 | $10,337 |
| Office expenses | $5,768 |
| 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 | $18,839 |
| All other expenses | $0 |
| Total functional expenses | $56,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,014 |
| Savings and temporary cash investments | $87,828 |
| 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 | $15,449 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $744,500 |
| Investments—publicly traded securities | $34,892 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $900,683 |
| Accounts payable and accrued expenses | $516 |
| 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 | $516 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $771,590 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $128,577 |
| Total liabilities and net assets/fund balances | $900,683 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Galloping Goose Historical Society Of Dolores Inc has recieved totaling $7,241.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $7,184 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $57 |
Endowment Analysis
| Beg. Balance | $34,079 |
| Earnings | $5,861 |
| Admin Expense | $373 |
| Net Contributions | $4,000 |
| Ending Balance | $43,567 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orrin G Hatch Foundation Salt Lake City, UT | $20,026,805 | $2,966,920 |
This Is The Place Foundation Salt Lake City, UT | $18,452,437 | $7,731,994 |
Museum Of Northern Arizona Inc Flagstaff, AZ | $21,755,182 | $7,019,493 |
Colorado Railroad Historical Foundation Inc Golden, CO | $11,069,630 | $3,773,051 |
Stuhr Museum Of The Prairie Pioneer Grand Island, NE | $6,589,907 | $1,816,416 |
National Atomic Museum Foundation Albuquerque, NM | $7,001,482 | $2,166,618 |
Boot Hill Museum Inc Dodge City, KS | $8,102,967 | $1,858,264 |
Steamboat Springs Chamber Steamboat Springs, CO | $1,219,063 | $1,684,300 |
Museum Of The Great Plains Authority Lawton, OK | $7,377,490 | $986,332 |
Museum Of Western Colorado Grand Junction, CO | $5,482,954 | $1,916,272 |
Jackson Hole Historical Society And Museum Jackson, WY | $6,212,350 | $2,045,652 |
Cheyenne Frontier Days Old West Museum Cheyenne, WY | $4,453,473 | $1,745,272 |