Overview
What is Museum Of The American Railroad?
The Museum of the American Railroad, situated in Frisco, Texas, serves as a vibrant educational hub. Its primary objective is to offer visitors a captivating journey into the rich history of American railroads. Through its historic railroad museum, the institution provides an immersive experience, educating the public about the railroad's pivotal role in our nation's past. The museum features various programs, with a strong emphasis on preserving and exhibiting the distinct heritage of railroads.
Official website here: www.historictrains.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Museum of the American Railroad has received a solid score of 81%, indicating a strong performance in accountability and financial health. The organization features a robust governance structure, with 92% of its board members being independent, ensuring that decision-making is free from conflicts of interest. Their policies on whistleblowing, document retention, and conflict of interest are well-documented, showcasing a commitment to transparency.
Financially, the museum allocates a significant portion of its expenditures to programs, achieving a program expense ratio of over 75%. This suggests that most of its funds are directed toward fulfilling its mission rather than administrative costs. Furthermore, the museum has no material diversion of assets, reflecting responsible management of its resources.
While the overall rating is commendable, potential donors should consider that an 81% rating, while good, leaves room for improvement in certain areas. Continued efforts to enhance financial efficiencies and fundraising strategies could further strengthen the museum’s impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Museum Of The American Railroad?
94% of 58 reviewers on Facebook recommend the Museum of the American Railroad. Here is a summary of their reviews:
Many visitors express a positive experience, highlighting the informative nature of the volunteers, which significantly enhances their visit. The engaging exhibits and the overall atmosphere of the museum contribute to a fulfilling experience for attendees, making it an enjoyable destination for both railroad enthusiasts and families.
Overall, the sentiment surrounding the museum is largely favorable, with patrons appreciating the educational value and the dedication of the staff. It appears to be a well-received establishment that fulfills its mission to educate and entertain.
This AI summary has been generated from reviews found on Facebook.
Is Museum Of The American Railroad legitimate?
Museum Of The American Railroad is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of The American Railroad 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: $157,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,318
For more financial information, click here
Official website here: www.historictrains.org/
What is the mission statement of Museum Of The American Railroad?
The Museum of the American Railroad's mission, as expressed in its operations and educational programs, is centered around preserving and showcasing the historical significance of railroads. By operating a historic railroad museum, the institution aims to provide visitors with an immersive experience, educating them about the role of railways in American history. The museum offers a range of programs, with a strong focus on safeguarding the unique heritage of railroads.
Official website here: www.historictrains.org/
Who is the CEO of Museum Of The American Railroad?
Bob Laprelle is the Trustee/Ceo of Museum Of The American Railroad. The CEO's salary of Museum Of The American Railroad is $87,690 and their total compensation is $87,690.
Official website here: www.historictrains.org/
What is the revenue of Museum Of The American Railroad?
Museum Of The American Railroad's revenue in 2022 was $735,295.
Official website here: www.historictrains.org/
Who are the executives of Museum Of The American Railroad and what are their salaries?
The average compensation at Museum Of The American Railroad during 2022 was $39,229. There are 6 employees and 35 volunteers at Museum Of The American Railroad.
Here are 15 key members and their salaries (Museum Of The American Railroad's CEO's salary is $87,690 and their total compensation is $87,690):
- Compensation: $87,690
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Official website here: www.historictrains.org/
Where can I find the form 990 for Museum Of The American Railroad?
Museum Of The American Railroad's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.historictrains.org/
Learn more at the official website: www.historictrains.org/
Mission Statement of Museum Of The American Railroad
The Museum of the American Railroad, a renowned institution, is dedicated to the mission of operating a historic railroad museum and presenting educational programs. Its primary objective is to provide visitors with an enriching experience, immersing them in the intricate history of American railroads. Through this mission, the museum preserves and showcases the distinctive heritage of railroads, highlighting their significant role in the nation's past. The Museum of the American Railroad achieves this by offering a multitude of educational programs, with a strong focus on the preservation and presentation of railroad history.
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Impact
July, 2024
The Museum of the American Railroad has had a significant impact on preserving and showcasing the unique heritage of railroads in American history. By operating a historic railroad museum in Frisco, TX, the museum provides visitors with an immersive experience that educates them about the importance of the American railroad system.
Through its educational programs, the Museum of the American Railroad plays a vital role in teaching the public about the significant role of railroads in shaping the development of the country. By focusing on preserving and presenting this history, the museum helps to ensure that future generations understand and appreciate the impact that railroads have had on various aspects of American society.
Overall, the Museum of the American Railroad's impact lies in its dedication to preserving and sharing the history of American railroads, making it a valuable resource for those interested in learning about this essential part of the nation's heritage.
This information is meant to be a general summary of Museum Of The American Railroad. 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: $1,271
- Program Service Revenue: $154,736
- Gross Receipts: $1,073,386
Assets and Liabilities:
- Total Assets: $5,422,474
- Total Liabilities: $91,197
- Net Assets: $5,331,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admission Fees
Revenue
$154,736
Organization Details
Founding Year
1962
Phone
(214) 428-0101Principal Officer
Bob Laprelle
Main Address
6455 PAGE ST, FRISCO, TX, 75034
Website
www.historictrains.org/NTEE Category
Code: A82Z - Arts
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