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Wilmington Railroad Museum Foundation Inc

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

EIN: 561537564 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Wilmington Railroad Museum Foundation Inc?

Wilmington Railroad Museum Foundation Inc, situated in Wilmington, North Carolina, is a nonprofit organization with a passion for preserving and educating the public about the historical significance, technology, and influence of the rail industry. This foundation, headquartered at 505 NUTT ST, welcomes around 22,000 visitors annually, providing them with insightful and engaging experiences. The primary mission of Wilmington Railroad Museum Foundation Inc is to foster understanding and appreciation for the railroad's rich past, aiming to promote its role in shaping society.

Is Wilmington Railroad Museum Foundation Inc legitimate?

Wilmington Railroad Museum Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wilmington Railroad Museum Foundation 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: $55,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,237

For more financial information, click here

What is the mission statement of Wilmington Railroad Museum Foundation Inc?

The Wilmington Railroad Museum Foundation Inc's mission is centered around historical conservation and education. Their primary objective is to foster an appreciation for the history, technology, and influence of the rail industry. Through their efforts, they aim to promote a deeper understanding of this significant sector's impact on society. The foundation annually welcomes around 22,000 visitors, providing them with an opportunity to engage with this rich historical context.

Who is the CEO of Wilmington Railroad Museum Foundation Inc?

George Dolan is the Executive Director of Wilmington Railroad Museum Foundation Inc.

What is the revenue of Wilmington Railroad Museum Foundation Inc?

Wilmington Railroad Museum Foundation Inc's revenue in 2022 was $269,852.

Who are the executives of Wilmington Railroad Museum Foundation Inc and what are their salaries?

There 12 volunteers at Wilmington Railroad Museum Foundation Inc.


Here are 12 key members and their salaries:


William Bryden (Presidient)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Sprow (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aggie Chamberlain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Breyfogle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Schwerdt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Kernan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Dolan (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holli Saperstein (Executive Director)
  • Compensation: $52,090
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wilmington Railroad Museum Foundation Inc?

Wilmington Railroad Museum Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wilmington Railroad Museum Foundation Inc

Wilmington Railroad Museum Foundation Inc is dedicated to preserving and disseminating knowledge about the historical significance, technology, and far-reaching impact of the rail industry. Through its mission, the organization strives to foster an appreciation for the rail industry's past and present contributions to society. The Foundation achieves this goal by engaging approximately 22,000 visitors annually in educational experiences that promote understanding and appreciation for this vital sector of transportation history.

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Impact




October, 2024

The Wilmington Railroad Museum Foundation Inc significantly impacts the community by serving as a hub for historical education and preservation related to the rail industry. By offering immersive experiences and educational resources, it promotes a comprehensive understanding of the technology and historical significance of railroads, which have played a crucial role in shaping the region's development.

With approximately 22,000 visitors annually, the museum fosters a greater appreciation for the rail industry's contributions to society and economic growth. Through its conservation efforts and engaging exhibits, the foundation enriches the cultural fabric of Wilmington, encouraging both residents and tourists to explore the historical narratives that have defined the area. Its emphasis on education ensures that the stories of the past continue to inform and inspire future generations, solidifying the legacy of rail transportation in the community.




This information is meant to be a general summary of Wilmington Railroad Museum Foundation 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.

Revenue
$269,852 (2022)
Expenses
$188,455 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $63
  • Program Service Revenue: $158,813
  • Gross Receipts: $297,858

Assets and Liabilities:

  • Total Assets: $314,348
  • Total Liabilities: $0
  • Net Assets: $314,348

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Museums

Revenue

$158,813

Organization Details

Founding Year

1979

Principal Officer

George Dolan

Main Address

505 NUTT ST, WILMINGTON, NC, 284013347

NTEE Category

Code: A540 - Arts

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