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Lake Superior Railroad Musuem

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

EIN: 237312204 ✦ Duluth, MN ✦ Designated as a 501(c)(3)

Overview

What is Lake Superior Railroad Musuem?

The Lake Superior Railroad Museum, situated in Duluth, Minnesota (506 W Michigan Street, 55802), is a dedicated nonprofit organization. Its primary purpose is to preserve and showcase railroad equipment, providing an insight into the history of industrial transportation in the Lake Superior region. The museum strives to collect, preserve, and house various artifacts, objects, and equipment that depict or demonstrate the history of railroading in Minnesota. The organization's mission is to educate the general public about the operations of a railroad and its equipment, offering a unique and engaging learning experience. With a staff of 57 dedicated individuals, the Lake Superior Railroad Museum is committed to keeping the rich history of railroading alive and accessible for all.


Is Lake Superior Railroad Musuem legitimate?

Lake Superior Railroad Musuem is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Superior Railroad Musuem 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.

Here are some key statistics you may want to consider:

Executive Compensation: $59,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,398

For more financial information, click here


What is the mission statement of Lake Superior Railroad Musuem?
Who is the CEO of Lake Superior Railroad Musuem?
What is the revenue of Lake Superior Railroad Musuem?
Who are the executives of Lake Superior Railroad Musuem and what are their salaries?

The average compensation at Lake Superior Railroad Musuem during 2022 was $4,479. There are 57 employees at Lake Superior Railroad Musuem.

Here are 25 key members and their salaries:


Where can I find the form 990 for Lake Superior Railroad Musuem?

Mission Statement of Lake Superior Railroad Musuem

The Lake Superior Railroad Museum's primary mission is to educate the public about the intricacies of railroad operations and the equipment used in this field. By preserving historical railroad equipment and showcasing it for the general public, the museum aims to provide an engaging and enlightening experience. The organization is dedicated to collecting, preserving, and housing artifacts, objects, articles, specimens, and equipment that illustrate or demonstrate the history of industrial transportation in the Lake Superior region. Particular emphasis is given to equipment and other artifacts related to the history of railroading in Minnesota. In essence, the Lake Superior Railroad Museum serves as a vital resource for those interested in learning about the evolution and impact of railroads on transportation history.

Impact

This information is meant to be a general summary of Lake Superior Railroad Musuem. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Lake Superior Railroad Museum has a significant impact on the community by educating the public on the operations of a railroad and its equipment. Through historical presentations and the preservation of railroad equipment, the museum plays a vital role in showcasing the history of industrial transportation in the Lake Superior region, with a special emphasis on the railroad history of Minnesota. By collecting, preserving, and displaying artifacts related to this history, the museum enriches the public's understanding of the region's industrial past and contributes to the cultural heritage of the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,693
  • Program Service Revenue: $646,203
  • Gross Receipts: $1,334,219

    • Assets and Liabilities:
  • Total Assets: $1,565,662
  • Total Liabilities: $308,425
  • Net Assets: $1,257,237
  • Programs

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

    ADMISSIONS

    Revenue

    $334,083

    RAILCAR RENTALS

    Revenue

    $190,000

    MEMBERSHIP DUES

    Revenue

    $122,120

    Organization Details

    Principal Officer

    Neal Vanstrom

    Main Address

    506 W MICHIGAN STREET, DULUTH, MN, 55802

    NTEE Category

    Code: A500 - Arts

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