Overview
What is Wiscasset Waterville & Farmington Railway Museum?
The Wiscasset Waterville & Farmington Railway Museum, located in Alna, Maine, is a nonprofit organization dedicated to preserving and restoring the operation of narrow-gauge railways and related equipment. This heritage-focused entity has its roots in the Sheepscot Valley and other rail networks, aiming to educate the public about the historical significance of such transportation systems. The museum's mission involves acquiring, maintaining, and showcasing these pieces of rail history, thereby fostering an appreciation for the role they played in shaping our past.
Official website here: www.wwfry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)
The Wiscasset Waterville & Farmington Railway Museum has received a rating of 69% from Charity Navigator, indicating areas where improvement is necessary. The organization showcases strengths in governance, with 100% of its board members being independent and a solid liabilities to assets ratio of 2.88%, suggesting a reasonable level of financial stability. Additionally, the museum allocates a significant portion of its budget, 89.22%, towards program expenses, highlighting its commitment to its mission.
However, the museum faces critical shortcomings in its accountability and finance practices. Notably, it has not provided financial statements or established essential policies, such as conflict of interest and whistleblower protections, which are vital for transparency and risk management. Furthermore, the absence of posted tax forms on its website raises concerns about accessibility of financial information to the public.
Overall, while the Wiscasset Waterville & Farmington Railway Museum demonstrates a dedication to its programs, addressing the identified governance and transparency issues will be crucial for enhancing trust and improving its overall rating.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wiscasset Waterville & Farmington Railway Museum?
98% of 324 reviewers on Facebook recommend the Wiscasset Waterville & Farmington Railway Museum. Here is a summary of their reviews:
There is a strong sense of positivity surrounding this museum, with many visitors describing it as a "magical" experience. People appreciate the charm and uniqueness of the exhibits, highlighting that it offers something enjoyable for all ages.
Overall, the sentiment is overwhelmingly favorable, reflecting that the museum successfully delivers an engaging and memorable experience for its guests. Many recommend it for a delightful outing, reaffirming its status as a beloved local attraction.
This AI summary has been generated from reviews found on Facebook.
Is Wiscasset Waterville & Farmington Railway Museum legitimate?
Wiscasset Waterville & Farmington Railway Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wiscasset Waterville & Farmington Railway Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wwfry.org
What is the mission statement of Wiscasset Waterville & Farmington Railway Museum?
The Wiscasset Waterville & Farmington Railway Museum's mission is centered around the acquisition, preservation, and restoration of narrow gauge railways and related equipment that operated in the Sheepscot Valley and on other roads. Their goal is also to establish and operate a railway museum. The museum's activities primarily revolve around the restoration of these historical railways, ensuring they continue to operate and serve as a valuable resource for education and appreciation of railway history.
Official website here: www.wwfry.org
Who is the CEO of Wiscasset Waterville & Farmington Railway Museum?
David J Buczkowski is the Pres &Director of Wiscasset Waterville & Farmington Railway Museum.
Official website here: www.wwfry.org
What is the revenue of Wiscasset Waterville & Farmington Railway Museum?
Wiscasset Waterville & Farmington Railway Museum's revenue in 2022 was $731,786.
Official website here: www.wwfry.org
Who are the executives of Wiscasset Waterville & Farmington Railway Museum and what are their salaries?
There 164 volunteers at Wiscasset Waterville & Farmington Railway Museum.
Here are 9 key members and their salaries:
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- Compensation: $59,640
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Official website here: www.wwfry.org
Where can I find the form 990 for Wiscasset Waterville & Farmington Railway Museum?
Wiscasset Waterville & Farmington Railway Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wwfry.org
Learn more at the official website: www.wwfry.org
Mission Statement of Wiscasset Waterville & Farmington Railway Museum
The Wiscasset Waterville & Farmington Railway Museum's mission is centered around the acquisition, preservation, and restoration of narrow gauge railway systems and related equipment that once operated in the Sheepsot Valley and beyond. Their goal is to establish and operate a railway museum, thereby ensuring the history and significance of these railways are not lost to time. By engaging in these activities, the museum aims to provide an educational and engaging experience for visitors, allowing them to gain insight into the role of narrow gauge railways in various regions.
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Impact
July, 2024
The Wiscasset Waterville & Farmington Railway Museum plays a significant role in preserving and showcasing the history of narrow gauge railway operations in the Sheepscot Valley and beyond. Through its restoration and operation of a narrow gauge railway and museum, the organization brings to life a bygone era of transportation, offering visitors a unique and educational experience. By acquiring, preserving, and restoring railway equipment, the museum helps to keep this important aspect of history alive for present and future generations to appreciate and learn from.
This information is meant to be a general summary of Wiscasset Waterville & Farmington Railway Museum. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$54,106
- Program Service Revenue: $137,750
- Gross Receipts: $749,397
Assets and Liabilities:
- Total Assets: $4,929,955
- Total Liabilities: $173,148
- Net Assets: $4,756,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKETS
Revenue
$137,750
Organization Details
Founding Year
1989
Phone
(207) 882-4193Principal Officer
David J Buczkowski
Main Address
PO BOX 242, ALNA, ME, 045350242
Website
www.wwfry.orgNTEE Category
Code: A500 - Arts
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