Overview
What is Western Forest Industries Museum?
The Western Forest Industries Museum is a local nonprofit organization based in Eatonville, Washington. Established since 1980, it has played a significant role in the economic vitality of Southern Pierce County and the preservation of its local history by operating the Mt. Rainier Scenic Railroad. After assuming ownership in August 2022, the museum aims to expand the railroad, transform it into a regional museum, and evolve it into a substantial tourist attraction. This vision aims to provide sustainable economic opportunities that enrich the communities in a meaningful manner. The organization's mission is to cultivate an understanding of the history and culture of railroad and logging operations while promoting environmentally respectful tourism and economic opportunity. To achieve these goals, the Western Forest Industries Museum requires grant funding, political support, and local buy-in for their capital projects, while maintaining a commitment to self-sufficiency in funding their ongoing initiatives and projects. With a total of 3 employees, the museum seeks to safeguard its cultural, educational, environmental, inspirational, and economic legacy.
Official website here: www.mtrainierrailroad.com/museum/
What are the reviews and ratings of this charity?
Charity Navigator rates the Western Forest Industries Museum with an 81%, earning it a Three-Star out of Four Star rating. This rating indicates a strong focus on accountability and finance, with the score reflecting the organization's reliability and transparency in managing its resources.
The museum demonstrates several organizational strengths, including a high percentage of independent board members and a solid program expense ratio of 84.09%. These metrics suggest that a significant portion of their funds is directed toward their programs rather than administrative costs. Additionally, the absence of any material diversion of assets and well-documented policies, such as a conflict of interest and whistleblower policy, further enhances their credibility.
However, while the accountability and finance score is commendable, the overall rating relies solely on this single beacon score. There is no information provided regarding other areas of evaluation, such as outcomes or impact, which may leave some stakeholders wanting a more comprehensive view of the organization's effectiveness outside of financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Western Forest Industries Museum legitimate?
Western Forest Industries Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Forest Industries 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: $47,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,605
For more financial information, click here
Official website here: www.mtrainierrailroad.com/museum/
What is the mission statement of Western Forest Industries Museum?
The Western Forest Industries Museum's mission is to foster an understanding of the history and culture associated with railroad and logging operations. By doing so, they aim to promote environmentally responsible tourism and economic opportunities. The museum seeks to preserve and celebrate its heritage, recognizing the role it plays in shaping cultural, educational, environmental, inspirational, and economic legacies. The organization envisions expanding the railroad, establishing a regional museum, and becoming a significant tourist attraction, with the potential to provide sustainable economic benefits to the community. To achieve these goals, the museum requires various forms of grant funding, political support, and local involvement.
Official website here: www.mtrainierrailroad.com/museum/
Who is the CEO of Western Forest Industries Museum?
Betty Capestany is the President (As Of Sep 2022) of Western Forest Industries Museum.
Official website here: www.mtrainierrailroad.com/museum/
What is the revenue of Western Forest Industries Museum?
Western Forest Industries Museum's revenue in 2022 was $3,722,731.
Official website here: www.mtrainierrailroad.com/museum/
Who are the executives of Western Forest Industries Museum and what are their salaries?
The average compensation at Western Forest Industries Museum during 2022 was $30,009. There are 3 employees and 97 volunteers at Western Forest Industries Museum.
Here are 9 key members and their salaries:
- Compensation: $47,423
- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.mtrainierrailroad.com/museum/
Where can I find the form 990 for Western Forest Industries Museum?
Western Forest Industries Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtrainierrailroad.com/museum/
Learn more at the official website: www.mtrainierrailroad.com/museum/
Mission Statement of Western Forest Industries Museum
The Western Forest Industries Museum, a local nonprofit organization, is dedicated to fostering an understanding of the history and culture associated with railroad and logging operations. Its mission goes beyond mere education, extending to the promotion of environmentally responsible tourism and economic opportunities. By preserving the past, the museum aims to establish vital links to our cultural, educational, environmental, inspirational, and economic legacies, which are integral to shaping our communities.
With the acquisition of Mt. Rainier Scenic Railroad in August 2022, the museum has taken on a significant role in preserving local history and contributing to the economic vitality of its community. The museum's vision for the railroad encompasses not only its operation but also the development of a regional museum and a significant tourist attraction. This expansion is expected to provide sustainable economic opportunities that enhance their communities in meaningful ways.
To accomplish its goals, the Western Forest Industries Museum requires various forms of funding, political support, and local buy-in. Despite this, the organization remains committed to self-sufficiency and funding its ongoing initiatives and projects in a sustainable manner. The museum's mission is to foster appreciation for the railroad and logging operations' rich history while promoting responsible tourism and economic growth.
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Impact
July, 2024
The Western Forest Industries Museum's impact lies in its efforts to preserve and promote the history and culture of railroad and logging operations, while also fostering environmentally respectful tourism and economic opportunities. By assuming ownership of the Mt. Rainier Scenic Railroad and embarking on ambitious projects such as expanding the railroad, establishing a new regional museum, and enhancing tourist attractions, the museum aims to create sustainable economic opportunities that benefit the community. Through partnerships, grant funding, and local support, the organization works towards preserving heritage and enhancing cultural, educational, environmental, and economic legacies for the betterment of the community and its stakeholders.
This information is meant to be a general summary of Western Forest Industries 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Program Service Revenue: $30,815
- Gross Receipts: $3,722,731
Assets and Liabilities:
- Total Assets: $5,075,419
- Total Liabilities: $52,013
- Net Assets: $5,023,406
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RIGHT-OF-WAY LEASE
Revenue
$30,815
Organization Details
Founding Year
1964
Phone
(360) 832-4486Principal Officer
Betty Capestany
Main Address
PO BOX 465, EATONVILLE, WA, 98328
NTEE Category
Code: A500 - Arts
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