Overview
What is Indiana Railway Museum Inc?
The Indiana Railway Museum Inc, based in French Lick, Indiana, serves as a hub for the preservation and operation of historic railway equipment. With a dedicated workforce of 185 individuals, their mission is to educate the general public and promote railway knowledge. They achieve this by collecting, preserving, restoring, and operating vintage railway equipment. In 2018 and 2019 alone, over 54,000 passengers experienced the thrill of the Monon Railway Depot's excursion rides, showcasing the Museum's commitment to sharing historical railway experiences.
Official website here: www.frenchlickscenicrailway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Indiana Railway Museum Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is derived entirely from its Accountability & Finance metrics, which indicate a strong commitment to responsible financial management and transparency. The museum demonstrates a solid performance in various financial criteria, including a low liabilities to assets ratio and a high program expense ratio, meaning a significant portion of its funds is directed towards its mission.
Strengths of the organization include a fully independent board and adherence to best practices, such as having policies for conflict of interest and whistleblower protections in place. The museum has also maintained thorough documentation of its board meeting minutes and has ensured that all necessary information is available on its website, enhancing its accountability to donors and the public.
While the overall rating is commendable, potential supporters might consider that the charity's score is based solely on one area of assessment. It would be beneficial to evaluate other aspects, such as impact metrics or community engagement, to get a complete picture of the organization's effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Indiana Railway Museum Inc?
86% of 624 reviewers on Facebook recommend the Indiana Railway Museum Inc. Here's a summary of their feedback:
Many attendees express a strong enthusiasm for events like the Polar Express, emphasizing the enjoyable experiences provided by the museum. The engaging activities and unique themes resonate well with patrons, making it a memorable outing for families and train enthusiasts alike.
Overall, the sentiment towards the Indiana Railway Museum is positive, with users appreciating the nostalgia and fun brought by the various programs. The museum seems to effectively capture the imagination of visitors, encouraging repeat attendance and word-of-mouth recommendations within the community.
This AI summary has been generated from reviews found on Facebook.
Is Indiana Railway Museum Inc legitimate?
Indiana Railway Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Railway Museum Inc 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: $598,244
For more financial information, click here
Official website here: www.frenchlickscenicrailway.org
What is the mission statement of Indiana Railway Museum Inc?
The Indiana Railway Museum Inc is dedicated to the collection, preservation, restoration, and operation of historic railway equipment. This is done with the intention of educating the general public, aiming to promote and foster railway education and experience. The organization's activities contribute to the promotion of railway education, providing an engaging and informative experience for a large number of individuals annually. In 2018 and 2019, over 54,000 passengers experienced the ride, immersing themselves in the rich history of the railroad.
Official website here: www.frenchlickscenicrailway.org
Who is the CEO of Indiana Railway Museum Inc?
G Alan Barnett is the Director of Indiana Railway Museum Inc.
Official website here: www.frenchlickscenicrailway.org
What is the revenue of Indiana Railway Museum Inc?
Indiana Railway Museum Inc's revenue in 2022 was $2,523,771.
Official website here: www.frenchlickscenicrailway.org
Who are the executives of Indiana Railway Museum Inc and what are their salaries?
The average compensation at Indiana Railway Museum Inc during 2022 was $3,234. There are 185 employees and 320 volunteers at Indiana Railway Museum Inc.
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Official website here: www.frenchlickscenicrailway.org
Where can I find the form 990 for Indiana Railway Museum Inc?
Indiana Railway Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frenchlickscenicrailway.org
Learn more at the official website: www.frenchlickscenicrailway.org
Mission Statement of Indiana Railway Museum Inc
The Indiana Railway Museum Inc is dedicated to the collection, preservation, restoration, and operation of historic railway equipment. Its primary objective is to educate the general public and promote railway education and experience. By doing so, the museum aims to foster an appreciation for the rich history of railways. Through its excursion railway and museum, the Indiana Railway Museum Inc offers a unique opportunity for individuals to experience the charm of yesteryears' railroad travel. In 2018 and 2019, over 54,000 passengers had the chance to embark on this nostalgic journey, making it a beloved destination for railway enthusiasts.
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Impact
October, 2024
Indiana Railway Museum Inc significantly enriches the cultural and educational landscape of the region through its commitment to preserving and showcasing historic railway equipment. By operating an excursion railway and a museum at the historic Monon Railway Depot in French Lick, Indiana, it draws thousands of visitors each year. In 2018 and 2019 alone, over 54,000 passengers enjoyed rail experiences that not only entertain but also educate the public about the heritage of rail transport.
The museum plays a vital role in fostering an appreciation for railway history, offering engaging experiences that highlight the importance of railroads in the development of communities and economies. Its focus on education allows visitors to connect with the past in a meaningful way, promoting a deeper understanding of railway innovations and their historical significance. Through its efforts, the museum not only preserves a critical part of Indiana's history but also contributes to tourism and local economic vitality, making it a key institution in the area.
This information is meant to be a general summary of Indiana Railway Museum Inc. 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: $3,019
- Program Service Revenue: $2,257,719
- Gross Receipts: $2,664,348
Assets and Liabilities:
- Total Assets: $15,513,499
- Total Liabilities: $3,000,274
- Net Assets: $12,513,225
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAIN TICKETS
Revenue
$2,205,920
CONCESSIONS
Revenue
$51,799
Organization Details
Founding Year
1961
Phone
(812) 631-1646Principal Officer
G Alan Barnett
Main Address
P O BOX 150, FRENCH LICK, IN, 47432
NTEE Category
Code: A500 - Arts
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