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Nonprofiteer
← CALIFORNIA STATE RAILROAD MUSEUM FOUNDATION INC

Form 990 for tax year 2022

Filed by CALIFORNIA STATE RAILROAD MUSEUM FOUNDATION INC.

Totals

Total revenue
$3,734,766
Total expenses
$3,976,262
Contributions and grants received
$1,237,219
Grants paid
$0
Program service revenue
$854,580
Investment income
$143,139
Other revenue
$1,499,828
Total assets, end of year
$10,742,538
Total liabilities, end of year
$1,694,918
Net assets or fund balances, end of year
$9,047,620
Program services expenses (Part IX)
$3,584,951
Management and general expenses
$348,779
Fundraising expenses
$42,532
Program service expenses (Part III)
$3,584,951

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $836,316

  • 1f · All other contributions, gifts and grants

    $400,903

  • 2a · Program service revenue: SSRR TRAIN OPERATIONS

    total $628,208 · related or exempt $628,208

  • 2b · Program service revenue: RAILTOWN 1897 TRAIN

    total $213,699 · related or exempt $213,699

  • 2c · Program service revenue: LIBRARY REPRODUCTIONS

    total $9,620 · related or exempt $9,620

  • 2d · Program service revenue: EDUCATIONAL & INTERPRETIVE PROGRA

    total $3,053 · related or exempt $3,053

  • 3 · Investment income

    total $137,381 · excluded $137,381

  • 7a · Gross sales of assets other than inventory

    securities $1,739,482

  • 7b · Less cost or other basis and sales expenses

    securities $1,733,724

  • 7c · Gain or loss

    securities $5,758

  • 7d · Net gain or loss

    total $5,758 · excluded $5,758

  • 8a · Fundraising events: gross income

    $2,522,268

  • 8b · Fundraising events: direct expenses

    $1,704,747

  • 8c · Net income from fundraising events

    total $817,521 · excluded $817,521

  • 10a · Gross sales of inventory

    $1,113,534

  • 10b · Cost of goods sold

    $588,497

  • 10c · Net income from sales of inventory

    total $525,037 · excluded $525,037

  • 11a · Other revenue: SMUD SETTLEMENT

    total $150,000 · related or exempt $150,000

  • 11b · Other revenue: OTHER INCOME

    total $7,270 · related or exempt $7,270

  • 11e · Other revenue, total

    $157,270

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $276,100 · program services $265,987 · management and general $7,048 · fundraising $3,065

  • 7 · Other salaries and wages

    total $1,275,633 · program services $1,228,912 · management and general $32,559 · fundraising $14,162

  • 8 · Pension plan contributions

    total $54,928 · program services $35,630 · management and general $24,677 · fundraising -$5,379

  • 9 · Other employee benefits

    total $159,031 · program services $133,673 · management and general $18,858 · fundraising $6,500

  • 10 · Payroll taxes

    total $115,322 · program services $111,037 · management and general $2,981 · fundraising $1,304

  • 11b · Fees: legal

    total $24,581 · program services $7,119 · management and general $17,462

  • 11c · Fees: accounting

    total $19,441 · program services $15,419 · management and general $4,022

  • 11f · Fees: investment management

    total $39,841 · management and general $39,841

  • 11g · Fees: other

    total $376,122 · program services $375,169 · management and general $953

  • 12 · Advertising and promotion

    total $138,162 · program services $116,733 · management and general $3,353 · fundraising $18,076

  • 13 · Office expenses

    total $628,528 · program services $511,343 · management and general $112,381 · fundraising $4,804

  • 17 · Travel

    total $33,012 · program services $29,712 · management and general $3,300

  • 20 · Interest

    total $18,880 · management and general $18,880

  • 22 · Depreciation, depletion and amortization

    total $167,105 · program services $122,927 · management and general $44,178

  • 23 · Insurance

    total $26,523 · program services $22,390 · management and general $4,133

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $267,299 · program services $261,185 · management and general $6,114

  • 24b · Other expenses: EVENTS & EXHIBITS

    total $219,665 · program services $219,626 · management and general $39

  • 24c · Other expenses: FUEL

    total $96,483 · program services $96,483

  • 24d · Other expenses: VOLUNTEER ENHANCEMENT

    total $18,738 · program services $18,738

  • 24e · All other expenses

    total $20,868 · program services $12,868 · management and general $8,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $299,974 · end of year $121,036

  • 2 · Savings and temporary cash investments

    beginning of year $1,848,348 · end of year $1,644,934

  • 4 · Accounts receivable

    beginning of year $78,376

  • 8 · Inventories for sale or use

    beginning of year $141,552 · end of year $224,195

  • 9 · Prepaid expenses and deferred charges

    beginning of year $26,680 · end of year $28,122

  • 10a · Land, buildings and equipment: cost or other basis

    $1,195,783

  • 10b · Land, buildings and equipment: accumulated depreciation

    $659,703

  • 10c · Land, buildings and equipment, net

    beginning of year $542,579 · end of year $536,080

  • 11 · Investments: publicly traded securities

    beginning of year $8,525,438 · end of year $7,499,858

  • 15 · Other assets

    beginning of year $11,654 · end of year $688,313

  • 17 · Accounts payable and accrued expenses

    beginning of year $820,908 · end of year $1,002,739

  • 19 · Deferred revenue

    beginning of year $10,303 · end of year $10,311

  • 25 · Other liabilities

    beginning of year $0 · end of year $681,868

  • 27 · Net assets without donor restrictions

    beginning of year $5,762,414 · end of year $5,129,450

  • 28 · Net assets with donor restrictions

    beginning of year $4,880,976 · end of year $3,918,170

Mission and programs · 2022

Mission

RAISE AND MANAGE FUNDS TO SUPPORT THE EDUCATIONAL AND INTERPRETIVE PROGRAMS OF THE CALIFORNIA STATE RAILROAD MUSEUM AND TO ASSIST STATE PARKS IN FULFILLING THEIR MISSION.

Activities or mission (Part I)

RAISE & MANAGE FUNDS IN SUPPORT OF THE MUSEUM AND CALIF. STATE PARKS IN FULFILLING THEIR MISSION.

  • SACRAMENTO SOUTHERN RAILROAD OPERATIONS PROGRAM PROVIDES SERVICES DIRECTLY TO THE PUBLIC BY ENHANCING THEIR EXPERIENCE AND PROVIDING AN INTERPRETIVE EXPERIENCE IN OLD SACRAMENTO CALIFORNIA STATE HISTORIC PARK.

    Expenses $1,254,262 · Revenue $628,207

  • THE MEMBERSHIP PROGRAM PROVIDES ENHANCED VISITOR EXPERIENCE BY PROVIDING EDUCATIONAL OFFERINGS, EVENTS AND ACTIVITIES WHICH INCREASE THE UNDERSTANDING AND INTEREST IN THE CALIFORNIA STATE RAILROAD MUSEUM.

    Expenses $701,142 · Revenue $836,316

  • RAILTOWN 1897 RAILROAD OPERATIONS PROGRAM PROVIDES SERVICES DIRECTLY TO THE PUBLIC BY ENHANCING THEIR EXPERIENCE VISITING THE RAILTOWN 1897 CALIFORNIA STATE HISTORIC PARK.

    Expenses $499,653 · Revenue $213,698

  • RAILROAD SHOPS PROJECT IS THE STUDY, DESIGN, AND PRESENTATION OF THE PLAN TO BUILD AN EXPANDED MUSEUM BUILDINGS COMPLEX AS PART OF THE RAILYARDS PROJECT BEING BUILT BY THE CITY OF SACRAMENTO. THIS PROJECT WAS HALTED IN 2020 DUE TO COVID-19 AND HAS BEEN PLACED ON HOLD FOR THE FORESEEABLE FUTURE.

    Expenses $30,800

  • CALIFORNIA STATE RAILROAD MUSEUM STORE RETAIL OPERATIONS SERVES VISITORS WITH THE ABILITY TO PURCHASE EDUCATIONAL AND INTERPRETIVE ITEMS TO ENHANCE THEIR VISITOR EXPERIENCE.

    Expenses $490,639 · Revenue $393,285

  • MUSEUM ADMINISTRATION AND MAINTENANCE PROVIDES SERVICES DIRECTLY TO THE CALIFORNIA STATE RAILROAD MUSEUM IN ORDER TO BETTER SERVE THE PUBLIC VISITING THE MUSEUM.

    Expenses $116,118

  • EDUCATION & INTERPRETATION & VOLUNTEER MANAGEMENT PROGRAM PROVIDE SERVICES DIRECTLY TO THE PUBLIC WHO VISIT THE CALIFORNIA STATE RAILROAD MUSEUM SUCH SERVICES AS EDUCATION, LIVING HISTORY DAYS AND OTHER PUBLIC RELATIONS.

    Expenses $209,769

  • COLLECTIONS ACQUISITION & LIBRARY REPRODUCTION PROGRAM SERVES TO SPONSOR, PUBLISH, PURCHASE, DISTRIBUTE/SELL APPROPRIATE LITERATURE, ILLUSTRATIVE MATERIALS & OTHER ITEMS WHICH WILL INCREASE THE UNDERSTANDING & APPREICATION FOR THE VALUES & PURPOSE OF THE CALIFORNIA STATE RAILROAD MUSEUM.

    Expenses $22,034 · Revenue $9,620

  • EXHIBITS/EVENTS PROGRAM PROVIDES SERVICES DIRECTLY TO THE PUBLIC VISITING THE CALIFORNIA STATE RAILROAD MUSEUM WHICH INCLUDES DISPLAYS OF SPECIAL EXHIBITS DURING THE YEAR.

    Expenses $50,904

  • RAILTOWN DEPOT STORE OPERATIONS SERVES VISITORS WITH THE ABILITY TO PURCHASE EDUCATIONAL AND INTERPRETIVE ITEMS TO ENHANCE THEIR VISITOR EXPERIENCE.

    Expenses $208,858 · Revenue $117,634

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $772

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Jim Houpt

    CHAIR

    Total calculated
    $0
    Hours/week
    20

  • Todd Aquilina

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    20

  • Thomas Gilbert

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Jack H Walston

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Gina Mattern

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Roger J Baccigalluppi

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10

  • David Seward

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10

  • Art Bauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Ryan Doyle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • William Gould Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Mary Helmich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • David Kutrosky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Hawley MacLean

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Robert J Bob Orr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Richard Dick Otter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Robert Bob J Slobe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Sandy Smoley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Wesley Yee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • John Zach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Timothy Schroepfer

    PRESIDENT/CEO

    Total calculated
    $185,500
    From this org
    $175,000
    From related orgs
    $0
    Other
    $10,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,000
    Bonus
    $0
    Other
    $0
    Deferred
    $10,500
    Nontaxable benefits
    $0
    Filer's total
    $185,500

  • Shell Mercurio

    CFO

    Total calculated
    $90,600
    From this org
    $85,000
    From related orgs
    $0
    Other
    $5,600
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BOILER SHOP LLC

    TO ACQUIRE TRANSITORY TITLE TO REAL PROPERTY. · CA

    Directly controlled by CALIFORNIA STATE RAILROAD MUSEUM FOUNDATION INC

Provenance

Return type
form_990
Tax year
2022
Filed
29 August 2023
IRS schema version
2022v5.0
Source object
202342569349300339

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