2024-11-15T15:38:55-06:00 2023-12-31 411489071 SMITH SCHAFER & ASSOCIATES LTD 7500 HIGHWAY 55 SUITE 350 MINNEAPOLIS MN 55427 990 2023-01-01 237066156 MINNESOTA TRANSPORTATION MUSEUM INC MINN 6512280263 193 PENNSYLVANIA AVE E ST PAUL MN 55130 JOSH HOABY EXECUTIVE DIRECTOR 6512280263 2024-11-15 1 ADAM KELLERHALS P01568272 9529201455 2024-11-13 2023 2024-10-15 13:58:12Z JOSH HOABY 193 PENNSYLVANIA AVE ST PAUL MN 55130 1901711 0 X WWW.TRAINRIDE.ORG X 1963 MN TO EDUCATE THE PUBLIC REGARDING THE HISTORY AND DEVELOPMENT OF TRANSPORTATION IN MINNESOTA AND TO PRESERVE THAT HISTORY. 12 12 9 300 0 0 1661845 564700 685172 870302 2338 148671 119310 94257 2468665 1677930 0 0 0 0 146373 204919 0 0 45604 924728 1643461 1071101 1848380 1397564 -170450 8827307 8284197 878343 463825 7948964 7820372 TO EDUCATE THE PUBLIC REGARDING THE HISTORY AND DEVELOPMENT OF TRANSPORTATION IN MINNESOTA AND TO PRESERVE THAT HISTORY. 0 0 951876 656513 OSCEOLA TRAIN RIDE: RAILROAD DIVISION EXPENSES FOR PURCHASE, LEASE AND RESTORATION OF RAILWAY STEAM ENGINE PASSENGER & FREIGHT CARS, AQUISITION OF USEFUL TOOLS & MACHINERY FOR CARRYING RESTORATION WORK, & OPERATING PUBLIC TRAIN RIDES FROM OSCEOLA, WI TO MARINE, MN OR DRESSER, WI 592749 213789 JACKSON STREET MUSEUM: ROUNDHOUSE DIVISION EXPENSES FOR MN'S RAILROAD HISTORY INCLUDING RESTORATION OF THE ROUNDHOUSE, EXHIBITS, ROLLING STOCK, & THE MAINTENANCE FACILITY & RELATED EQUIPMENT & TOOLS FOR DEVELOPING A MUSEUM WITHIN THE ROUNDHOUSE FOR PUBLIC ENJOYMENT 82109 82109 1626734 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 26 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 MN X JOSH HOABY 6512280263 193 PENNYSLVANIA AVE E ST PAUL MN 55130 X KURT MAHRE VICE CHAIRMAN 20.00 X X 0 0 0 DEBORAH WOOD TRESURER 20.00 X X 0 0 0 WAYNE MERCHANT CHAIRMAN 20.00 X X 0 0 0 GARY YAZELL AT LARGE 5.00 X 0 0 0 ROBERT PUELSTON SECRETARY 20.00 X X 0 0 0 MORTEN JORGENSEN AT LARGE 5.00 X 0 0 0 TODD MCGONAGLE AT LARGE 5.00 X 0 0 0 LARRY PAULSON AT LARGE 5.00 X 0 0 0 JOHN RADIMECKY AT LARGE 5.00 X 0 0 0 KEITH LARSON AT LARGE 5.00 X 0 0 0 LON VANGEMERT AT LARGE 5.00 X 0 0 0 MARION PEW AT LARGE 5.00 X 0 0 0 0 0 0 0 0 0 0 0 15434 549266 31839 564700 OSCEOLA TRAIN INCOME 480000 656513 656513 JACKSON STREET 480000 213789 213789 870302 62112 62112 253780 23418 190639 0 63141 23418 86559 86559 103624 33142 70482 70482 INSURANCE CLAIM 900099 23775 23775 23775 1677930 1051118 0 62112 X 204919 143443 40984 20492 3877 2908 775 194 22500 16875 4500 1125 19216 19216 210679 158009 42136 10534 120147 102125 6007 12015 14357 14357 187048 177696 9352 112841 107199 5642 REPAIRS AND MAINTENANCE 634036 634036 SUPPLIES 99425 99425 UTILITIES 83627 79446 4181 FUEL 62485 62485 73223 43087 28892 1244 1848380 1626734 176042 45604 589441 362570 2154000 31996 80233 33305 31756 16365 52960 7874802 5134607 2901765 2740195 1916048 3100435 3100435 8827307 8284197 104611 62163 22794 29388 750938 372274 878343 463825 X 5724077 5727016 2224887 2093356 7948964 7820372 8827307 8284197 -170450 41858 0 X 0 1 X 1 0 X 171670 1216918 1210418 911845 532861 4043712 521098 54774 615477 771011 973926 2936286 692768 1271692 1825895 1682856 1506787 6979998 10001 12601 18769 41371 5000 68625 73625 10001 17601 18769 68625 114996 6865002 23804 9782 24456 29266 62112 149420 23804 9782 24456 29266 62112 149420 104674 23775 128449 716572 1281474 1850351 1816796 1592674 7257867 0.94590 0.95490 0.02060 0.02040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 23531 23531 23531 23531 23531 23531 23531 23531 23531 23531 0 0 333551 333551 6926126 4648196 2277930 274248 239937 34311 340877 246474 94403 2740195 MUSEUM COLLECTION 3100435 3100435 OBLIGATION UNDER LINE OF CREDIT 48281 SBA LOAN 150000 SPECIAL ASSESSMENT PAYABLE 173993 372274 X 1733714 41858 33142 75000 1658714 19216 19216 1677930 1862306 33142 33142 1829164 19216 19216 1848380 PART III, LINE 4: THE MUSEUM COLLECTION IS COMPRISED OF VARIOUS HISTORICAL TRANSPORTATION VEHICLES AND EQUIPMENT. EXIBITING THESE ITEMS EDUCATES THE PUBLIC ON THE HISTORY AND DEVELOPMENT OF TRANSPORTATION SERVICES IN MINNESOTA. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A RESULT, THE ORGANIZATION DOES NOT PAY FEDERAL INCOME TAX. THEREFORE, NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION'S FEDERAL INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 33,142. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 33,142. X SERVICES 1 31839 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARDMEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A FULL BOARD REVIEWED DATA AND COMPENSATION FOR EXECUTIVE DIRECTOR BEFORE APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 158,009. MANAGEMENT AND GENERAL EXPENSES 42,136. FUNDRAISING EXPENSES 10,534. TOTAL EXPENSES 210,679.