Ridgway Railroad Museum is located in Ridgway, CO. The organization was established in 1999. According to its NTEE Classification (A50) the organization is classified as: 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. Ridgway Railroad 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, Ridgway Railroad Museum generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $24.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO MAINTAIN AND EDUCATE LOCAL RAILROAD HISTORY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karl Schaeffer President | 0 | $0 | |
Jim Pettengil Vice-President | 0 | $0 | |
Kathy Pettengill Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $36,620 |
Total Program Service Revenue | $0 |
Membership dues | $6,649 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $429 |
Total Revenue | $49,586 |
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 | $425 |
Occupancy, rent, utilities, and maintenance | $10,055 |
Printing, publications, postage, and shipping | $2,428 |
Other expenses | $11,322 |
Total expenses | $24,230 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $115,213 |
Other assets | $0 |
Total assets | $158,375 |
Total liabilities | $0 |
Net assets or fund balances | $158,375 |
Organization Name | Assets | Revenue |
---|---|---|
Science Museum Oklahoma Inc Oklahoma City, OK | $87,882,272 | $6,278,809 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
The Arts And Recreation Foundation Of Overland Park Inc Overland Park, KS | $7,303,812 | $3,542,683 |
Gilcrease Museum Management Trust Tulsa, OK | $58,936,912 | $9,269,478 |
Exploration Place Inc Wichita, KS | $29,741,149 | $4,435,159 |
Cosmosphere Inc Hutchinson, KS | $12,276,263 | $5,989,265 |
Indian Pueblo Cultural Center Inc Albuquerque, NM | $8,961,229 | $4,518,580 |
National Museum Of Wildlife Art Of The United States Jackson, WY | $41,741,861 | $4,638,003 |
The Leonardo Salt Lake City, UT | $1,888,403 | $4,555,150 |
Childrens Museum Of Phoenix Phoenix, AZ | $9,716,806 | $7,301,894 |
National Museum Of Military Vehicles Dubois, WY | $44,269,511 | $10,295,733 |
Scottsdale Museum Of The West Inc Scottsdale, AZ | $7,668,852 | $7,750,587 |