Western Forest Industries Museum
- Assets
- $5.2m
- Revenue
- $907.6k
- Investments
- $0.0
- Employees
- 21
- Location
- Eatonville, WA
- Founding
- 03/1965
- Data as of
- 12/2023
- EIN
- 91-6060485
Organization Overview
Western Forest Industries Museum, operating under the name Mt Rainier Scenic Railroad, is located in Eatonville, WA. The organization was established in 1965. 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 12/2023, Mt Rainier Scenic Railroad employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Rainier Scenic Railroad is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PROMOTE THE HISTORY AND CULTURE OF EARLY PACIFIC NORTHWEST LOGGING AND LOGGING RAILROADS IN BOTH EXHIBIT AND OPERATING FORM. TO FOSTER AN APPRECIATION FOR OUTDOOR ACTIVITIES WHILE PRESERVING AND MAINTAINING THE FREIGHT CORRIDOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WESTERN FOREST INDUSTRIES MUSEUM (WFIM), A LOCAL NONPROFIT ORGANIZATION, ASSUMED OWNERSHIP OF MT. RAINIER SCENIC RAILROAD IN AUGUST OF 2022, AFTER ITS CLOSURE BY ITS FORMER FOR-PROFIT OPERATOR, AMERICAN HERITAGE RAILWAY. SINCE 1980, THE RAILROAD HAS CARRIED OVER 1.6 MILLION PASSENGERS AND HAS PLAYED A CRITICAL ROLE IN THE ECONOMIC VITALITY OF SOUTHERN PIERCE COUNTY, AND IN THE PRESERVATION OF LOCAL HISTORY. OUR ORGANIZATION HAS AN EVEN BIGGER VISION FOR THE RAILROAD - ONE THAT IS DEPENDENT ON MANY STAKEHOLDERS, AS WELL AS THE COLLECTIVE KNOWLEDGE AND EXPERTISE OF OUR COMMUNITIES. IN 2023, WFIM BEGAN RUNNING LIMITED RAILROAD EXCURSIONS, AS WELL AS A RAIL CYCLING PROGRAM - BOTH INITIAL STEPS TOWARDS OUR LARGER VISION AND GOALS. (CONTINUED IN SCHEDULE O)IN 2023, WFIM BEGAN OFFERING RAILCYCLES, WHICH TAKE ADVANTAGE OF BOTH RAILROAD AND BICYCLE TECHNOLOGY TO ENSURE THAT THEY ARE EASY TO PEDAL AND ACCESSIBLE TO MOST PEOPLE. RAILCYCLE MT. RAINIER IS A FAMILY-FRIENDLY PEDAL-POWERED RAIL BIKE EXCURSION THAT OFFERS A UNIQUE WAY TO EXPERIENCE THE PACIFIC NORTHWEST'S RICH HISTORY OF LOGGING AND RAILROADING WHILE EXPERIENCING STUNNING VIEWS OF GLACIALLY FED RIVERS AND STREAMS.BY MAKING A CONCERTED EFFORT TO PRESERVE OUR HERITAGE, WE CREATE VITAL LINKS TO OUR CULTURAL, EDUCATIONAL, ENVIRONMENTAL, INSPIRATIONAL, AND ECONOMIC LEGACIES - ALL THE THINGS THAT MAKE US WHO WE ARE AND CHARACTERIZE OUR COMMUNITIES. AN EXPANDED RAILROAD, A NEW REGIONAL MUSEUM, AND A SIGNIFICANT TOURIST ATTRACTION CAN PROVIDE SMART, SUSTAINABLE ECONOMIC OPPORTUNITIES THAT ENHANCE OUR COMMUNITIES IN MEANINGFUL WAYS. TO ACCOMPLISH OUR GOALS, WFIM WILL NEED A WIDE RANGE OF GRAND FUNDING, POLITICAL SUPPORT, AND LOCAL BUY-IN TO EXECUTE OUR AGGRESSIVE CAPITAL PROJECT LIST; HOWEVER, OUR ORGANIZATION REMAINS DEDICATED TO SELF-SUFFICIENCY AND SUSTAINABLY FUNDING OUR ONGOING INITIATIVES AND PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Capestany President | OfficerTrustee | 5 | $0 |
Seth Boettcher Vice President | OfficerTrustee | 1 | $0 |
Beverly Wilson Secretary/treasurer | OfficerTrustee | 10 | $0 |
Byron Adams Director | Trustee | 1 | $0 |
Hanford Mccloud Director | Trustee | 1 | $0 |
Rich Williams Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,995 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,962 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,957 |
| Total Program Service Revenue | $781,527 |
| Investment income | $1 |
| 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 | $36,112 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $907,597 |
| 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. | $133,970 |
| Compensation of current officers, directors, key employees. | $133,970 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,468 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,857 |
| Payroll taxes | $56,707 |
| Fees for services: Management | $6,967 |
| Fees for services: Legal | $3,570 |
| Fees for services: Accounting | $3,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,660 |
| Advertising and promotion | $43,094 |
| Office expenses | $4,176 |
| Information technology | $8,394 |
| Royalties | $0 |
| Occupancy | $45,450 |
| Travel | $43,114 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,305 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,206 |
| Insurance | $62,248 |
| All other expenses | $0 |
| Total functional expenses | $1,113,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,521 |
| Savings and temporary cash investments | $300 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,263 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,115,880 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,210,987 |
| Accounts payable and accrued expenses | $42,122 |
| 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 | $351,771 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $393,893 |
| Net assets without donor restrictions | $4,817,094 |
| 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 | $5,210,987 |