Overview
What is Baltimore Streetcar Museum Inc?
Baltimore Streetcar Museum Inc, located in Baltimore, Maryland, is a dedicated nonprofit organization. Their primary focus is on preserving Baltimore's public transportation history, particularly the street railway era. They achieve this mission through the maintenance, operation, and restoration of historical streetcars, trackless trolleys, buses, and subway cars. This educational and enjoyable endeavor is aimed at the general public, serving as a reminder of Baltimore's past public transportation systems. The museum's activities are centered around preservation, ensuring that future generations can appreciate and learn from the city's transportation history.
Official website here: www.baltimorestreetcar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Baltimore Streetcar Museum Inc has achieved a Three-Star rating with an overall score of 76%, indicating a solid performance in accountability and finance metrics. The score reflects a strong commitment to oversight, as demonstrated by the museum's fully independent board and a low ratio of liabilities to assets, which stands at 0.19%. The program expenses ratio is impressive at 87.61%, suggesting that a significant portion of funds is directed towards its mission-related activities.
Despite these strengths, the organization has notable limitations regarding governance policies. The museum lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact its operational transparency and accountability. These missing elements were reflected in the lower scores in these categories, which detract from an otherwise commendable financial standing.
Overall, while the Baltimore Streetcar Museum Inc demonstrates effective financial management and oversight through its independent board and low liabilities, addressing its governance policy gaps would enhance its overall rating and strengthen stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Streetcar Museum Inc legitimate?
Baltimore Streetcar Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Streetcar 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.
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Official website here: www.baltimorestreetcar.org
What is the mission statement of Baltimore Streetcar Museum Inc?
The Baltimore Streetcar Museum Inc is committed to preserving Baltimore's public transportation history, with a particular focus on the street railway era. The museum's dedication extends to maintaining, operating, and restoring historical streetcars, trackless trolleys, buses, and subway cars with significant value. These efforts are aimed at educating, preserving, and providing enjoyment for the general public. The museum's activities contribute to the understanding and appreciation of the city's transportation history, ensuring its continued relevance and appreciation.
Official website here: www.baltimorestreetcar.org
Who is the CEO of Baltimore Streetcar Museum Inc?
Christopher Mcnally is the President of Baltimore Streetcar Museum Inc.
Official website here: www.baltimorestreetcar.org
What is the revenue of Baltimore Streetcar Museum Inc?
Baltimore Streetcar Museum Inc's revenue in 2022 was $561,445.
Official website here: www.baltimorestreetcar.org
Who are the executives of Baltimore Streetcar Museum Inc and what are their salaries?
There 60 volunteers at Baltimore Streetcar Museum Inc.
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Official website here: www.baltimorestreetcar.org
Where can I find the form 990 for Baltimore Streetcar Museum Inc?
Baltimore Streetcar Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baltimorestreetcar.org
Learn more at the official website: www.baltimorestreetcar.org
Mission Statement of Baltimore Streetcar Museum Inc
Baltimore Streetcar Museum Inc is committed to preserving Baltimore's rich public transportation history, with a particular focus on the street railway era. This esteemed organization is dedicated to maintaining, operating, and restoring vintage streetcars, trackless trolleys, buses, and subway cars that hold historical significance. Through these efforts, the museum aims to educate, preserve, and provide enjoyment for the general public. The museum's mission is to safeguard the past and contribute to the appreciation of Baltimore's transportation landscape, ensuring that future generations can learn from and be inspired by the city's transportation history.
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Impact
July, 2024
Baltimore Streetcar Museum Inc plays a significant role in preserving Baltimore's public transportation history, particularly focusing on the street railway era. By maintaining, operating, and restoring streetcars, trackless trolleys, buses, and subway cars with historical value, the museum contributes to educating, preserving, and providing enjoyment to the general public. Through its dedication to this mission, the museum ensures that the legacy of Baltimore's public transportation heritage is upheld for current and future generations to appreciate and learn from.
This information is meant to be a general summary of Baltimore Streetcar 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: $67,206
- Program Service Revenue: $11,294
- Gross Receipts: $619,008
Assets and Liabilities:
- Total Assets: $2,336,977
- Total Liabilities: $300
- Net Assets: $2,336,677
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM INCOME
Revenue
$11,294
Organization Details
Founding Year
1966
Phone
(443) 604-2858Principal Officer
Christopher Mcnally
Main Address
PO BOX 4881, BALTIMORE, MD, 212110801
Website
www.baltimorestreetcar.orgNTEE Category
Code: A540 - Arts
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