Denver Rail Heritage Society Inc
- Assets
- $298.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Severance, CO
- Founding
- 12/1988
- Data as of
- 02/2023
- EIN
- 74-2511800
Organization Overview
Denver Rail Heritage Society Inc is located in Severance, CO. The organization was established in 1988. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Denver Rail Heritage Society 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 02/2023, Denver Rail Heritage Society Inc generated $70.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $52.5k during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE DENVER RAIL HERITAGE SOCIETY'S PRIMARY MISSION IS PUBLIC EDUCATION REGARDING DENVER'S TRANSIT HISTORY. WE OPERATE A HERITAGE TROLLEY ALONG THE PLATTE RIVER CORRIDOR TO EDUCATE THE PUBLIC OF THE ROLE THAT TRANSIT PLAYED IN DENVER'S EARLY DEVELOPMENT. THE DRHS HAS 65 MEMBERS INCLUDING 20+ ACTIVE MEMBER VOLUNTEERS PERFORMING EQUIPMENT MAINTENANCE AND TROLLEY OPERATIONS. WE ANNUALLY LOG >500 HOURS OF VOLUNTEER SERVICE TO OUR DENVER TROLLEY. THESE VOLUNTEERS MAINTAIN OUR TROLLEY AND INFRASTRUCTURE, PERFORM COMMUNITY OUTREACH, AND OPERATE THE TROLLEY DURING OUR SEASON. ANNUAL 2022 RIDERSHIP WAS >5000 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Flanagan Treasurer | 5 | $0 | |
Peter West Secretary | 15 | $0 | |
David Downs Director | 10 | $0 | |
Steven Hearns Director | 10 | $0 | |
Ethan Yazzi-Mintz Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,480 |
| Total Program Service Revenue | $51,350 |
| Membership dues | $2,270 |
| Investment income | $274 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,374 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,844 |
| Professional fees and other payments to independent contractors | $4,942 |
| Occupancy, rent, utilities, and maintenance | $2,724 |
| Printing, publications, postage, and shipping | $1,166 |
| Other expenses | $36,826 |
| Total expenses | $52,502 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,779 |
| Other assets | $0 |
| Total assets | $298,022 |
| Total liabilities | $0 |
| Net assets or fund balances | $298,022 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Railroad Heritage Inc Topeka, KS | $0 | $93,486 |
Arizona Historical Society Tucson, AZ | $4,905,511 | $5,450,544 |
Oklahoma Hall Of Fame Inc Oklahoma City, OK | $15,367,222 | $1,723,507 |
Boulder Historical Society Inc Boulder, CO | $19,392,062 | $1,254,110 |
Maricopa County Historical Society Wickenburg, AZ | $19,800,198 | $1,675,075 |
Aspen Historical Society Aspen, CO | $4,847,508 | $1,684,558 |
Historic Denver Inc Denver, CO | $2,418,830 | $1,380,558 |
Reno County Historical Society Inc Hutchinson, KS | $3,503,788 | $1,428,936 |
Nebraska State Historical Society Foundation Lincoln, NE | $17,627,220 | $2,353,385 |
The International Dark-Sky Association Inc Tucson, AZ | $1,012,568 | $1,356,197 |
Cherokee National Historical Society Inc Tahlequah, OK | $2,426,107 | $954,302 |
Tulsa Historical Society Tulsa, OK | $8,618,832 | $802,922 |