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Nonprofiteer
← COLORADO RAILROAD HISTORICAL FOUNDATION INC

Form 990 for tax year 2023

Filed by COLORADO RAILROAD HISTORICAL FOUNDATION INC.

Totals

Total revenue
$3,542,093
Total expenses
$3,395,532
Contributions and grants received
$839,016
Grants paid
$0
Program service revenue
$2,367,896
Investment income
$193,279
Other revenue
$141,902
Total assets, end of year
$12,742,326
Total liabilities, end of year
$707,672
Net assets or fund balances, end of year
$12,034,654
Program services expenses (Part IX)
$2,768,965
Management and general expenses
$446,576
Fundraising expenses
$179,991
Program service expenses (Part III)
$2,768,965

Program services were 81.5% 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.

  • 1e · Government grants (contributions)

    $474,875

  • 1f · All other contributions, gifts and grants

    $364,141

  • 2a · Program service revenue: SPECIAL EXHIBITS

    total $1,744,112 · related or exempt $1,744,112

  • 2b · Program service revenue: ADMISSIONS

    total $489,942 · related or exempt $489,942

  • 2c · Program service revenue: MEMBERSHIPS

    total $123,282 · related or exempt $123,282

  • 2f · All other program service revenue

    total $10,560 · related or exempt $10,560

  • 3 · Investment income

    total $193,279 · excluded $193,279

  • 6a · Gross rents

    real property $17,200

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $17,200

  • 6d · Net rental income or loss

    total $17,200 · excluded $17,200

  • 10a · Gross sales of inventory

    $337,669

  • 10b · Cost of goods sold

    $212,967

  • 10c · Net income from sales of inventory

    total $124,702 · related or exempt $124,702

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $126,783 · program services $63,391 · management and general $25,357 · fundraising $38,035

  • 7 · Other salaries and wages

    total $850,670 · program services $568,093 · management and general $171,375 · fundraising $111,202

  • 8 · Pension plan contributions

    total $2,756 · program services $2,343 · management and general $413

  • 9 · Other employee benefits

    total $77,475 · program services $61,520 · management and general $11,886 · fundraising $4,069

  • 11g · Fees: other

    total $199,627 · program services $100,938 · management and general $91,965 · fundraising $6,724

  • 12 · Advertising and promotion

    total $25,703 · program services $9,284 · management and general $16,419

  • 13 · Office expenses

    total $141,593 · program services $126,210 · management and general $7,923 · fundraising $7,460

  • 14 · Information technology

    total $134,300 · program services $67,150 · management and general $67,150

  • 16 · Occupancy

    total $148,024 · program services $137,158 · management and general $10,866

  • 17 · Travel

    total $11,177 · program services $11,177

  • 22 · Depreciation, depletion and amortization

    total $188,869 · program services $169,982 · management and general $18,887

  • 23 · Insurance

    total $78,294 · program services $70,189 · management and general $8,105

  • 24a · Other expenses: POLAR EXPRESS EXPENSES

    total $789,562 · program services $789,562

  • 24b · Other expenses: EQUIPMENT EXPENSES

    total $293,887 · program services $292,275 · management and general $1,612

  • 24c · Other expenses: THOMAS EVENT EXPENSE

    total $176,660 · program services $176,660

  • 24d · Other expenses: MEALS AND ENTERTAINMENT

    total $50,488 · program services $50,488

  • 24e · All other expenses

    total $99,664 · program services $72,545 · management and general $14,618 · fundraising $12,501

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,089,463 · end of year $3,847,985

  • 3 · Pledges and grants receivable

    beginning of year $124,532 · end of year $130,436

  • 4 · Accounts receivable

    end of year $10,668

  • 8 · Inventories for sale or use

    beginning of year $115,159 · end of year $111,819

  • 9 · Prepaid expenses and deferred charges

    end of year $10,000

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

    $4,804,004

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

    $2,390,332

  • 10c · Land, buildings and equipment, net

    beginning of year $2,357,221 · end of year $2,413,672

  • 11 · Investments: publicly traded securities

    beginning of year $6,550,229 · end of year $6,217,746

  • 17 · Accounts payable and accrued expenses

    beginning of year $471,753 · end of year $620,685

  • 19 · Deferred revenue

    beginning of year $67,636 · end of year $86,987

  • 27 · Net assets without donor restrictions

    beginning of year $10,308,271 · end of year $10,744,003

  • 28 · Net assets with donor restrictions

    beginning of year $1,388,944 · end of year $1,290,651

Mission and programs · 2023

Mission

THE MISSION OF THE COLORADO RAILROAD HISTORICAL FOUNDATION, INC. IS TO PRESERVE AND CONVEY THE RICH HISTORY OF RAILROADING IN THE ROCKY MOUNTAIN REGION THROUGH ACQUISITION, RESEARCH, EXHIBITION, AND EDUCATION.

Activities or mission (Part I)

ACQUIRE, PRESERVE, AND EXHIBIT LOCOMOTIVES, CARS, ARTIFACTS AND RECORDS PERTAINING TO CO RAILROADS.

  • THE MUSEUM EXISTS TO SHARE COLORADO'S RICH RAILROAD HERITAGE WITH THE WIDEST POSSIBLE AUDIENCE IN A HANDS-ON AND THREE-DIMENSIONAL FASHION BY PRESERVING AND MAKING ACCESSIBLE IMPORTANT HISTORIC ARTIFACTS, ARTWORK AND DOCUMENTS, AND BY OFFERING OUTSTANDING INTERPRETIVE AND EDUCATIONAL PROGRAMS TO THE COMMUNITY. THE MUSEUM HAS SYSTEMATICALLY ACQUIRED A COLLECTION OF OVER 100 HISTORIC RAILROAD LOCOMOTIVES, PASSENGER AND FREIGHT CARS DATING FROM 1879 TO THE PRESENT, AND ALSO MANAGES ONE OF THE LARGEST ARCHIVES OF RAILROAD PRINT, PHOTOGRAPHIC AND RESEARCH MATERIALS IN THE UNITED STATES. IT IS DEDICATED TO SHARING COLORADO'S RICH RAILROAD HISTORY THROUGH THE USE OF BOTH SMALL AND LARGE ARTIFACTS, ALONG WITH ARCHIVAL MATERIALS ASSOCIATED WITH RAILROADING IN COLORADO AND THE ROCKY MOUNTAIN REGION. THE MUSEUM'S RESEARCH LIBRARY IS THE SECOND LARGEST OF ITS KIND, AND LIBRARY VOLUNTEERS ARE RECOGNIZED FOR THEIR IN-DEPTH KNOWLEDGE OF WESTERN RAILROADS AND THEIR LINES. AUTHORS OF ALL GENRES MAY BE FOUND RESEARCHING TIMETABLES, PAYROLL RECORDS AND PHOTOGRAPHS FOR THEIR PROJECTS. THE MUSEUM LIBRARY IS ALSO HOME TO AN EXTENSIVE COLLECTION OF RAILROAD RELATED ART, SOME OF IT PAINTED BY WORLD-FAMOUS ARTISTS, AND DONATED TO THE MUSEUM BY DEDICATED COLLECTORS. THIS COLLECTION IS SOMETIMES LOANED TO OTHER INSTITUTIONS IN COLLABORATIVE EFFORTS. SINCE 1961 THE MUSEUM HAS PUBLISHED OVER 50 SCHOLARLY BOOKS AND PAMPHLETS ON THE RAILROADS OF COLORADO AND THE WEST THAT ARE INTERNATIONALLY RECOGNIZED BY HISTORIANS. THE COLORADO RAILROAD MUSEUM HAS BEEN RANKED AMONG THE TOP 25 DENVER AREA ATTRACTIONS BY DENVER BUSINESS JOURNAL AND AS ONE OF THE TOP 10 PAID ATTRACTIONS BY VISIT DENVER.THE COLORADO RAILROAD MUSEUM CONTINUES TO FOCUS ON CONSERVATION AND RESTORATION OF ITS FULL-SIZE RAIL VEHICLE COLLECTION. THE IMPORTANCE OF RESTORATION AND MAINTENANCE OF HISTORIC ROLLING STOCK CANNOT BE OVERSTATED. BY ENSURING THAT VISITORS ARE ABLE TO VIEW AND SOMETIMES RIDE PAINSTAKINGLY RESTORED RAILROAD ARTIFACTS, WE ARE ABLE TO BRING HISTORY TO LIFE AND TO INSPIRE OUR GUESTS TO LEARN MORE ABOUT HOW RAILROADS HAVE TRANSFORMED OUR STATE, THE NATION, AND THE ENTIRE WORLD. TOUR HOSTS ADDRESS THE WAYS IN WHICH RAILROADS CONTRIBUTED TO THE DYNAMIC ECONOMIC, SOCIAL, AND AGRICULTURAL CHANGES IN THE AMERICAN WEST, AND HELPED CREATE MODERN-DAY COLORADO.

    Expenses $1,979,403 · Revenue $1,045,203

  • STARTING IN NOVEMBER OF 2014 AND RUNNING FOR ALMOST TWO MONTHS EACH WINTER HOLIDAY SEASON, THE STORY OF "THE POLAR EXPRESS" IS RE-CREATED. THIS THEATRICAL PRODUCTION BLENDS TOGETHER ACTORS, STAGE PRODUCTIONS, DRAMATIC ENTRANCES, AND QUIET MOMENTS OF REFLECTION AS GUESTS ARE IMMERSED IN THE SIGHTS, SOUNDS AND INTRIGUE OF THIS CLASSIC CHILDREN'S TALE. AND OF COURSE, THE ENTIRE PRODUCTION IS THEMED AROUND A MAGICAL TRAIN RIDE, HELPING TO CONNECT COLORADO'S RICH RAILROAD HERITAGE WITH THE BROADER INFLUENCES OF AMERICAN POPULAR CULTURE.

    Expenses $789,562 · Revenue $1,447,395

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James Smith

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Katy Ziegler

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Tom Richardson

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Maglieri

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Doug Junda

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Jeff Lillo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Michele Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Lauren Giebler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Marlene Pakish

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Keith Hayes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • John Bush

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Paul Hammond

    EXECUTIVE DIRECTOR

    Total calculated
    $126,783
    From this org
    $115,529
    From related orgs
    $0
    Other
    $11,254
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
18 September 2024
IRS schema version
2023v5.1
Source object
202402639349300335

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