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Mississippi Coast Model Railroad Museum

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471518284 ✦ Gulfport, MS ✦ Designated as a 501(c)(3)

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Overview

What is Mississippi Coast Model Railroad Museum?

The Mississippi Coast Model Railroad Museum, located at 504 PASS ROAD, GULFPORT, MS 39507, is a vibrant nonprofit organization dedicated to sparking interest in model railroading as a hobby along the Mississippi Gulf Coast. Their primary mission is to educate children of all ages about the history of railroads in a fun and engaging environment. Through hands-on experiences, they aim to foster a love for the science of operating, building, and playing with model trains. The museum's activities are geared towards promoting model railroading as a hobby, ultimately providing an enjoyable and enriching experience. The organization employs a team of 23 individuals, ensuring a dedicated and passionate workforce committed to their mission.


Official website here: www.mcmrcm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 69%)

The Mississippi Coast Model Railroad Museum has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas. The overall score of 69% reflects both strengths and weaknesses in the organization’s accountability and financial practices. Notably, the museum has a fully independent board, which can enhance governance, but it struggles in areas such as financial transparency and policies.

The organization excels in certain metrics, including a perfect score in program expense ratio and liabilities to assets ratio, suggesting efficient use of resources in its primary programs. However, it scored poorly on several important accountability measures, such as not having a conflict of interest policy, whistleblower policy, or proper documentation retention practices. These gaps highlight significant areas needing attention to ensure better governance and transparency.

Overall, while the Mississippi Coast Model Railroad Museum demonstrates commitment to its mission, the lack of essential policies and financial reporting raises concerns for potential donors and stakeholders. Improving these aspects could enhance the museum's credibility and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Mississippi Coast Model Railroad Museum legitimate?

Mississippi Coast Model Railroad Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Coast Model Railroad 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: $196,422

For more financial information, click here


Official website here: www.mcmrcm.org

What is the mission statement of Mississippi Coast Model Railroad Museum?

The Mississippi Coast Model Railroad Museum's mission is geared towards promoting an interest in model railroading as a hobby, specifically along the Mississippi Gulf Coast. They achieve this by sharing the history of railroads with children of all ages in an engaging environment, aiming to stimulate a passion for the science of operating, building, and playing with model trains. The museum's primary goal is to foster a love for model railroading as a pastime.


Official website here: www.mcmrcm.org

Who is the CEO of Mississippi Coast Model Railroad Museum?

Richard P Mueller Jr is the President of Mississippi Coast Model Railroad Museum.


Official website here: www.mcmrcm.org

What is the revenue of Mississippi Coast Model Railroad Museum?

Mississippi Coast Model Railroad Museum's revenue in 2022 was $1,573,997.


Official website here: www.mcmrcm.org

Who are the executives of Mississippi Coast Model Railroad Museum and what are their salaries?

The average compensation at Mississippi Coast Model Railroad Museum during 2022 was $8,540. There are 23 employees at Mississippi Coast Model Railroad Museum.


Here are 4 key members and their salaries:


Richard P Mueller Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Barry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Laminack (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sanburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mcmrcm.org

Where can I find the form 990 for Mississippi Coast Model Railroad Museum?

Mississippi Coast Model Railroad Museum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mcmrcm.org

Learn more at the official website: www.mcmrcm.org

Mission Statement of Mississippi Coast Model Railroad Museum

The Mississippi Coast Model Railroad Museum, a nonprofit organization, is dedicated to promoting an interest in model railroading as a hobby along the Mississippi Gulf Coast. Their mission, in essence, is to share the rich history of railroads with children of all ages, creating a fun and engaging environment that fosters a love for the science of operating, building, and playing with model trains. By doing so, they aim to inspire and cultivate a passion for this intriguing pastime.

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Impact




July, 2024

The Mississippi Coast Model Railroad Museum has a significant impact on the community by promoting interest in model railroading as a hobby among residents of the Mississippi Gulf Coast. Through their engaging exhibits and educational programs, the museum fosters a love for the science of operating, building, and playing with model trains in individuals of all ages. By sharing the history of railroads in a fun environment, the museum helps instill a passion for this timeless hobby and keeps the spirit of railroading alive for generations to come.




This information is meant to be a general summary of Mississippi Coast Model Railroad 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.

Revenue
$1,573,997 (2022)
Expenses
$667,067 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,605,781

Assets and Liabilities:

  • Total Assets: $2,002,619
  • Total Liabilities: $12,997
  • Net Assets: $1,989,622

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Organization Details

Founding Year

2014

Principal Officer

Richard P Mueller Jr

Main Address

504 PASS ROAD, GULFPORT, MS, 39507

NTEE Category

Code: A50 - Arts

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