Overview
What is Nc Transportation Museum Foundation?
The Nc Transportation Museum Foundation, established in North Carolina, is a dedicated nonprofit organization. Their primary objective is to preserve and showcase the rich history of transportation within the state. They achieve this by organizing various educational programs and events, such as train excursions, day out with Thomas, Polar Express, and classic car shows, among others. These events not only provide enjoyable experiences but also serve as educational opportunities for the public. The foundation's mission is to engage visitors in a way that allows them to both enjoy and learn from the historical exhibits. With a team of 63 dedicated individuals, the Nc Transportation Museum Foundation plays an essential role in promoting and educating the public about transportation history in North Carolina.
Official website here: www.nctrans.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The North Carolina Transportation Museum Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance. The score is solely based on the Accountability & Finance beacon, where the organization received a perfect score in several key areas, including an independent board and robust financial oversight.
Strengths of the foundation include a completely independent board with 17 members and strong financial management practices, evidenced by a low liabilities-to-assets ratio and a high program expense ratio of over 88%. This indicates that the majority of its funds are directed towards fulfilling its mission rather than administrative costs.
While the foundation demonstrates exceptional governance practices, the rating does not comment on the impact or effectiveness of its programs directly. Therefore, potential donors may want to research further about the foundation's initiatives and overall mission to understand its broader community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Nc Transportation Museum Foundation legitimate?
Nc Transportation Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nc Transportation Museum Foundation 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: $101,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $486,994
For more financial information, click here
Official website here: www.nctrans.org
What is the mission statement of Nc Transportation Museum Foundation?
The North Carolina Transportation Museum Foundation's mission is centered around preserving and interpreting the historical significance of transportation in North Carolina. They strive to present this history in an engaging manner, allowing visitors to not only enjoy their experience but also learn from it. To achieve this, the foundation organizes various educational programs and events throughout the year, such as train excursions, day out with Thomas, and classic car shows, among others. These events aim to promote and educate the public about transportation while providing unique riding experiences.
Official website here: www.nctrans.org
Who is the CEO of Nc Transportation Museum Foundation?
Marcus Neubacher is the President of Nc Transportation Museum Foundation.
Official website here: www.nctrans.org
What is the revenue of Nc Transportation Museum Foundation?
Nc Transportation Museum Foundation's revenue in 2023 was $6,120,680.
Official website here: www.nctrans.org
Who are the executives of Nc Transportation Museum Foundation and what are their salaries?
The average compensation at Nc Transportation Museum Foundation during 2023 was $9,343. There are 63 employees and 250 volunteers at Nc Transportation Museum Foundation.
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Official website here: www.nctrans.org
Where can I find the form 990 for Nc Transportation Museum Foundation?
Nc Transportation Museum Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nctrans.org
Learn more at the official website: www.nctrans.org
Mission Statement of Nc Transportation Museum Foundation
The North Carolina Transportation Museum Foundation is committed to preserving and interpreting the historical significance of transportation in North Carolina. This mission is carried out in a way that allows visitors to not only enjoy their experience but also gain valuable insights from it. Through various educational programs and events, such as train excursions, day out with Thomas, Polar Express, At the Throttle, Boy Scout rail camps, fire truck festivals, classic car shows, and more, the foundation seeks to promote and educate the public about transportation, providing engaging riding experiences along the way.
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Impact
July, 2024
Nc Transportation Museum Foundation plays a crucial role in preserving and interpreting the history of transportation in North Carolina. Through a variety of educational programs and events such as train excursions, Day Out with Thomas, Polar Express, and more, the foundation promotes public awareness and understanding of transportation while providing enjoyable and immersive experiences for visitors. Located in Spencer, NC, the foundation's mission is to present this rich history in a manner that both entertains and educates visitors about the state's transportation heritage.
This information is meant to be a general summary of Nc Transportation Museum Foundation. 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 2023.
- Investment Income: $44,961
- Program Service Revenue: $5,543,214
- Gross Receipts: $6,120,680
Assets and Liabilities:
- Total Assets: $12,498,628
- Total Liabilities: $1,670,240
- Net Assets: $10,828,388
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAMS & EVENTS
Revenue
$4,524,889
GIFT SHOP
Revenue
$867,821
RAIL & TURNTABLE RIDES
Revenue
$150,504
Organization Details
Founding Year
1977
Phone
(704) 636-2889Principal Officer
Marcus Neubacher
Main Address
PO BOX 69, SPENCER, NC, 281590007
Website
www.nctrans.orgNTEE Category
Code: A540 - Arts
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