2025-11-14T07:30:47-06:00 2024-12-31 010372413 CUMMINGS LAMONT & MCNAMEE PLLC ONE NEW HAMPSHIRE AVE SUITE 100 PORTSMOUTH NH 03801 990 2024-01-01 010244457 NEW ENGLAND ELECTRIC RAILWAY HISTORICAL SOCIETY NEWE 2079672800 PO BOX A KENNEBUNKPORT ME 04046 KATIE ORLANDO EXECUTIVE DIRECTOR 2079672800 2025-11-14 1 0 WANDA J RING CPA P00324469 6034306200 2024 2025-03-06 01:10:19Z SEASHORE TROLLEY MUSEUM KATIE ORLANDO 22 ODENA AVE 3 OLD ORCHARD BEACH ME 04064 1713626 0 X WWW.TROLLEYMUSEUM.ORG X 1941 ME SEE MISSION STATEMENT. 13 13 19 525 0 0 1069896 853522 197385 239636 176949 227192 237708 242251 1681938 1562601 0 0 0 0 623355 727683 0 0 72677 478905 517752 1102260 1245435 579678 317166 10980223 11328072 193639 76676 10786584 11251396 X SEE DESCRIPTION OF MISSION STATEMENT WITHIN SCHEDULE 0.WE PRESERVE KNOWLEDGE, CONTEXT, AND RESOURCES FOR FUTURE GENERATIONS BY COLLECTING, RESTORING, OPERATING, AND EXHIBITING SIGNIFICANT PUBLIC TRANSIT VEHICLES AND ARTIFACTS. 0 0 786651 398257 IN 2024, AS IN PAST YEARS, THE NEW ENGLAND ELECTRIC RAILWAY HISTORICAL SOCIETY, OPERATORS OF THE SEASHORE TROLLEY MUSEUM AND THE NATIONAL STREETCAR MUSEUM IN LOWELL [MASSACHUSETTS] HAVE CONTINUED TO CARRY OUT ITS PRIMARY MISSION OF COLLECTING, RESTORING, PRESERVING, INTERPRETING AND OPERATING TRANSIT VEHICLES, INCLUDING CITY STREETCARS, INTERURBAN CARS AND RAPID TRANSIT CARS, BUSES AND TRACKLESS TROLLEYS.BOTH MUSEUM CAMPUSES WERE OPEN IN 2024; THE LOWELL MUSEUM CONTINUES TO BE OPEN YEAR-ROUND ON WEEKENDS, AND SEASHORE TROLLEY MUSEUM WAS OPEN ON TUESDAYS FOR GROUP TOURS IN THE FALL, AND OPERATED FOR THE GENERAL PUBLIC FROM WEDNESDAY-SUNDAY FROM MAY THROUGH OCTOBER, AND THE FIRST TWO WEEKENDS OF DECEMBER FOR KENNEBUNKPORT'S CHRISTMAS PRELUDE CELEBRATION. EVERY ELECTRIC STREETCAR OR INTERURBAN CAR IN THE OPERATING FLEET IS A RETIRED TRANSIT VEHICLE, MANY OF WHICH ARE OVER 100 YEARS OLD, AND ARE SUBJECT TO SERVICING AND CAREFUL INSPECTION BEFORE BEING RELEASED FOR PUBLIC SERVICE ON THE1.7-MILE-LONG DEMONSTRATION RAILWAY. AS THE FLEET OF CARS OPERATED FOR THE PUBLIC COMPRISES HISTORICAL ARTIFACTS, THE COST TO MAINTAIN IT IS A SIGNIFICANT PART OF THE OVERALL BUDGET.AUXILIARY OPERATIONS:AUXILIARY OPERATIONS EXPENSES INCLUDE THOSE EXPENSES RELATING TO MUSEUM STORE SALES, AND OTHER SALES.MUSEUM STORE SALES INCLUDE THE SALE OF RELATED MERCHANDISE TO VISITORS AND MUSEUM MEMBERS. OTHER SALES INCLUDES THE SALE OF PARTS, EQUIPMENT, AND GENERAL SCRAP THAT THE SOCIETY HAS ACQUIRED IN THE PAST, AND NO LONGER NEEDS, OR HAS BEEN REPLACED, AND CONSTRUCTION OF SPECIALTY CARS FOR PRIVATE CUSTOMERS. THOSE CUSTOMERS WHO PURCHASE SURPLUS PARTS AND EQUIPMENT INCLUDE PUBLIC TRANSIT AUTHORITIES, OTHER RAILWAY-ORIENTED MUSEUMS, AND PRIVATE COLLECTORS. SCRAP IS USUALLY SOLD TO A MANUFACTURER OR TO A JUNK OPERATION.THERE ARE NO AUXILIARY OPERATIONS GENERAL EXPENSES, OTHER THAN THE COST BASIS OF THE ITEMS SOLD REPORTED IN PART VIII AND THE COSTS ASSOCIATED WITH THE COMMISSIONED WORK. ANY SUCH COSTS ARE INCLUDED IN THE CURATORIAL AND EXHIBITS EXPENSES THAT RELATE TO THE PURCHASE OF PARTS AND EQUIPMENT FOR CONSERVATION OF THE COLLECTIONS.CURATORIAL AND EXHIBITSTHE CURATORIAL AND EXHIBITS FUNCTIONAL EXPENSES INCLUDE ALL EXPENSES THAT DIRECTLY RELATE TO ACCOMPLISHING THE SOCIETY'S MISSION. SUCH EXPENSES INCLUDE THE ACQUISITION AND CONSERVATION OF COLLECTIONS, THE ESTABLISHMENT AND MAINTENANCE OF EXHIBITS AND DISPLAYS, THE COSTS OF OPERATING HISTORIC TRANSIT VEHICLES FOR THE PUBLIC, THE COSTS INCURRED FOR ADMISSIONS AND OPERATING SPECIAL EVENTS FOR THE PUBLIC, THE MAINTENANCE OF THOSE FACILITIES DEVOTED TO THE CONSERVATION, DISPLAY, AND INTERPRETATION OF THE COLLECTIONS, THE COSTS ASSOCIATED WITH EDUCATIONAL PROGRAMS FOR THE PUBLIC, AND ANY OTHER ASSOCIATED EXPENSES.AS NOTED, THE MAIN ACTIVITY IS THE RESTORATION AND CONSERVATION OF THE MUSEUM'S COLLECTION, PRIMARILY THE COLLECTION OF HISTORIC TRANSIT VEHICLES. THIS HAS ALWAYS BEEN A GREAT STRENGTH OF THE ORGANIZATION, AND THE SOCIETY HAD BEEN A LEADER IN THIS FIELD. SUCH ACTIVITY INCLUDES RESTORATION, CONSERVATION, AND RUNNING MAINTENANCE. RUNNING MAINTENANCE IS NECESSARY BECAUSE MANY OF THE VEHICLES IN THE COLLECTION ARE USED TO PROVIDE RIDES TO THE PUBLIC. 4.A.2 PROTECTION OF THE MUSEUM'S EXTENSIVE VEHICLE COLLECTION IS A KEY RESPONSIBILITY OF THE SOCIETY. IN RECENT YEARS, EFFORTS HAVE FOCUSED ON MAINTAINING THE NOW 60-YEAR-OLD BUILDINGS HOUSING MUCH OF THE COLLECTION. FOUNDATION WORK AND ENGINEERING STUDIES FOR ADDITIONAL WORK IN CAR BARNS HAS BEEN A FOCUS. IN 2024, THE MUSEUM OPENED A NEW CARHOUSE DISPLAY, SOUTH BOSTON CARHOUSE.A KEY PART OF OUR MISSION IS TO "PROVIDE A REPOSITORY FOR ARTIFACTS AND INFORMATION OF AN EDUCATIONAL AND HISTORICAL NATURE RELATING TO THE ORIGIN AND DEVELOPMENT OF THE TRANSIT INDUSTRY AND ITS CONTRIBUTION TO MODERN SOCIETY." WE HAVE A DEDICATED AND VERY ACTIVE GROUP OF VOLUNTEERS IN THIS AREA, WHO HAVE ORGANIZED MUCH OF THE COLLECTION OF LIBRARY MATERIALS AND ASSOCIATED ARTIFACTS, AND MOVED SOME OF IT TO SAFER STORAGE. VOLUNTEERS HAVE ELECTRONICALLY SCANNED AND CATALOGUED MUCH OF THE COLLECTION.4.B PUBLIC OPERATIONS PROGRAMS THE MAINE CAMPUS IS OPEN TO THE PUBLIC ON WEEKENDS IN MAY AND DECEMBER AND WEDNESDAY-SUNDAY FROM JUNE 1-OCTOBER 31. EVERY ELECTRIC STREETCAR OR INTERURBAN CAR IN OUR OPERATING FLEET IS AN AUTHENTIC TRANSIT VEHICLE, USUALLY OVER 100 YEARS OLD, SUBJECT TO SERVICING AND INSPECTION BEFORE BEING RELEASED FOR PUBLIC SERVICE ON OUR DEMONSTRATION RAILWAY. BUS TOUR BUSINESS BECAME SIGNIFICANT IN 2015 AND REMAINED SO THROUGH 2019, TAPERING OFF DURING COVID-19. BUS TOUR BUSINESS WAS BACK IN HIGH DEMAND DURING THE 2024 SEASON. SPECIAL EVENTS DURING 2024 INCLUDED OUR ALWAYS POPULAR PUMPKIN PATCH DURING FOUR WEEKENDS IN LATE SEPTEMBER AND EARLY OCTOBER, "TROLLEYWEEN, AND ANNUAL MEETING AND MEMBER'S DAY EVENTS FOR OUR MEMBERS. DANIEL TIGER VISITED THE MUSEUM IN JULY IN PARTNERSHIP WITH MAINE PUBLIC, AND A NEW SELL-OUT EVENT WAS BACK FOR A SECOND SEASON IN 2024: DINO TROLLEY. EACH OF THESE EVENTS IS DESIGNED TO SHOWCASE OUR SUBSTANTIAL COLLECTION OF STREETCARS, INTERURBAN CARS, BUSES, TRACKLESS TROLLEYS AND RAPID TRANSIT CARS AS WELL AS TO CONNECT FAMILIES TO THE MUSEUM.BESIDES RIDING AUTHENTICALLY RESTORED TROLLEY CARS, OUR 38,635 VISITORS IN 2024 HAD ACCESS TO THIRTY OTHER CARS IN THREE PUBLIC EXHIBIT BARNS. WHEN SUFFICIENT VOLUNTEER STAFF IS AVAILABLE AND INFRASTRUCTURE STATUS ALLOWS, A TROLLEY RUNS ON A SHORT SHUTTLE TRIP TO THE LARGEST OF THESE BARNS, AND/OR A DOCENT GIVES GUIDED TOURS OF THE EXHIBITS ON DISPLAY. VISITORS WHO CHOOSE TO NAVIGATE THE CAMPUS ON A SELF-GUIDED TOUR HAVE MAPS AND A COMPREHENSIVE INTERPRETIVE SIGN PROGRAM IMPLEMENTED IN 2014 AT THEIR DISPOSAL AND A NEW INTERACTIVE SELF-GUIDED TOUR WAS INTRODUCED DURING THE 2024 SEASON. VISITORS MAY VIEW THE RESTORATION WORK IN PROGRESS IN OUR SHOP VIA A VISITOR'S GALLERY. OUR VISITORS CENTER EXHIBIT TELLS THE STORY OF THE ELECTRIC RAILWAY INDUSTRY WHICH A CENTURY AGO WAS THE FIFTH LARGEST IN THE COUNTRY, AND THE EXHIBIT FOCUSES ON THE RESTORATION COMPLETED IN 2009 OF ATLANTIC SHORE LINE ELECTRIC LOCOMOTIVE 100, A PROGRAM THAT INCLUDED AN EXTENSIVE EDUCATION PROGRAM AND WHICH WAS SUPPORTED BY THE STATE OF MAINE'S ALLOCATION OF FEDERAL TRANSPORTATION ENHANCEMENT FUNDS.BEGINNING IN 2023, THE MUSEUM STARTED A PARTNERSHIP WITH REVOLUTION RAIL, INC. AND NOW OFFERS RAILBIKE RIDES ALONG THE MUSEUM'S HERITAGE RAILWAY. THE MUSEUM HAS ENTERED A FIVE-YEAR LEASE WITH REVOLUTION RAIL WITH THE ULTIMATE GOAL THAT THEY WILL INVEST THE FUNDING NEEDED TO EXPAND THE MUSEUM'S HERITAGE RAILWAY ANOTHER TWO MILES. 4,957 RAILBIKE PASSENGERS PARTICIPATED IN SEASHORE'S PARTNERSHIP IN 2024.THE SOCIETY OPERATES THE NATIONAL STREETCAR MUSEUM AT LOWELL (MASSACHUSETTS), IN CLOSE COOPERATION WITH THE LOWELL NATIONAL HISTORICAL PARK AND THE CITY OF LOWELL. THE MUSEUM INCLUDES A TWO-FLOOR EXHIBIT COVERING THE EVOLUTION OF RAIL TRANSIT IN LOWELL AND AROUND THE COUNTRY. THIS IS SUPPLEMENTED BY OPERATION OF THE SOCIETY'S CLASSIC NEW ORLEANS STREETCAR BY SOCIETY VOLUNTEERS ON THE NATIONAL PARK'S 1.5 MILE TROLLEY NETWORK. IN 2024, 2,276 GUESTS VISITED THE NATIONAL STREETCAR MUSEUM AT LOWELL. TO MAINTAIN RELIABLE OPERATIONS WE MUST PREVENT THE ENCROACHMENT OF TREES AND OTHER VEGETATION ON OUR EXTENSIVE RAIL AND OVERHEAD WIRE SYSTEMS. IN 2024, WE CONTINUED SIGNIFICANT PROJECTS TO ADDRESS THIS NEED, AND ALSO TO REPLACE UTILITY POLES AS NEEDED. 4.C EDUCATIONAL AND EXHIBIT PROGRAMS EXPENSESVOLUNTEERS PROVIDE EDUCATIONAL SERVICES THEREBY LIMITING EXPENSES REQUIRED ON A ROUTINE BASIS. A NEW SIGN PROGRAM IMPLEMENTED IN 2014 WAS FUNDED PRIMARILY WITH GRANTS. THE MAINE CAMPUS IS CURRENTLY BUILDING A NEW EXHIBIT INSIDE "TOWER C." A NEW BUS DISPLAY IS ALSO BEGAN CONSTRUCTION IN 2021 AND WAS COMPLETED IN 2024. 786651 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 19 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 0 0 0 MA X X X JESSICA PEARSALL 2079672712 PO BOX A 195 LOG CABIN RD KENNEBUNKPORT ME 04046 JAMES D SCHANTZ TRUSTEE/PRESIDENT/CEO 25.00 X X 0 0 0 PETER WILSON TRUSTEE 2.00 X 0 0 0 JAMES VAN BOKKELEN TREASURER 2.00 X X 0 0 0 ROBERT DRYE TRUSTEE/CHAIRMAN 2.00 X X 0 0 0 BROOKE HUBNER TRUSTEE 2.00 X 0 0 0 DAVID KORNECHUK TRUSTEE 2.00 X 0 0 0 PHIL TSIHLIS TRUSTEE/BOARD VICE CHAIR 2.00 X X 0 0 0 CC B CLAPP SECRETARY 2.00 X 0 0 0 KAREN DOOKS TRUSTEE 2.00 X 0 0 0 FREDERICK J MALONEY TRUSTEE 2.00 X 0 0 0 DANIEL VARDARO TRUSTEE 2.00 X 0 0 0 ROBERT BROSSEAU TRUSTEE 2.00 X 0 0 0 KATIE ORLANDO EXECUTIVE DIRECTOR 55.00 X 108656 0 0 108656 0 0 1 0 0 0 0 30919 31364 791239 56122 853522 ADMISSIONS 900099 239636 239636 239636 163763 163763 109212 3273 49056 0 60156 3273 63429 63429 178139 31080 147059 147059 149683 70889 78794 78794 MISCELLANEOUS 900099 16398 16398 16398 1562601 398257 0 310822 108656 108656 619027 410049 148978 60000 19000 19000 37895 28631 9264 60256 37660 15064 7532 50422 10000 40422 106318 78755 27563 56505 12066 44439 CONSERVATION AND MAINTE 98525 62785 35740 CONTRIBUTED SERVICES 29078 13349 10584 5145 MISCELLANEOUS 28722 18160 10562 TAXES AND FEES 17398 17398 13633 6540 7093 1245435 786651 386107 72677 62892 45224 1725921 1719596 264371 27130 45822 55505 37340 52337 8609547 2356358 5897564 6253189 2578958 2807736 367355 367355 10980223 11328072 185565 71461 8074 5215 193639 76676 X 7091529 7491736 3695055 3759660 10786584 11251396 10980223 11328072 317166 147696 -50 0 X 0 0 0 X 454865 2593635 2647626 1055350 822158 7573634 131576 426226 436010 508382 568458 2070652 586441 3019861 3083636 1563732 1390616 9644286 0 0 0 9644286 49894 47455 74582 120496 227192 519619 49894 47455 74582 120496 227192 519619 102706 110410 14853 12725 16398 257092 739041 3177726 3173071 1696953 1634206 10420997 0.92550 0.94250 0.04990 0.03240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 2339665 14820 324739 102468 2576756 2075064 14380 359433 109212 2339665 2564250 4495 -384606 109075 2075064 2296351 51141 320001 103243 2564250 2045460 5395 332870 87374 2296351 0.08000 0.92000 0 0 302599 302599 803169 713361 89808 6538385 957277 5581108 965394 685720 279674 6253189 X 1812216 147696 -50 147646 1664570 -101969 -101969 1562601 1347404 101969 101969 1245435 0 1245435 PART III, LINE 1A: THE NEW ENGLAND ELECTRIC RAILWAY HISTORICAL SOCIETY HAS AN EXTENSIVE COLLECTION OF BOOKS, OLD PHOTOGRAPHS, MOVIES AND OTHER STREETCAR ITEMS IN ITS ARCHIVES. THE ORGANIZATION DOES NOT CAPITALIZE COLLECTIONS. COLLECTION ITEMS THAT ARE DONATED ARE NOT RECORDED IN THE FINANCIAL STATEMENTS. COLLECTION ITEMS THAT ARE PURCHASED ARE RECORDED AS CHANGES IN UNRESTRICTED, TEMPORARILY RESTRICTED, OR PERMANENTLY RESTRICTED NET ASSETS BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE FEDERAL INCOME TAX RETURNS OF THE SOCIETY ARE SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES NETTED AGAINST REVENUE ON PAGE 9 -70,889. FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON PAGE 9 -31,080. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES NETTED AGAINST REVENUE ON PAGE 9 70,889. FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON PAGE 9 31,080. PART III, LINE 4 THE SOCIETY'S COLLECTION OF BOOKS, OLD PHOTOGRAPHS, MOVIES AND OTHER ARTIFACTS AND EPHEMERA IN ITS ARCHIVES ARE ON DISPLAY AND PROVIDE THE PUBLIC WITH A WRITTEN AND PICTORIAL LOOK AT THE HISTORY OF THE STREETCAR AND URBAN TRANSIT INDUSTRY. PUMPKIN PATCH WEEKEND 58996 58996 13146 CHRISTMAS PRELUDE 47736 47736 1507 4 71407 71407 16427 178139 178139 31080 31080 147059 X MATERIALS AND SUPPLIES 48 56122 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE NON-PROFIT CORPORATION HAS MEMBERS WHO BY PAYMENT OF THEIR MEMBERSHIP FEE MAY PARTICIPATE IN THE ELECTION OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS THAT BELONG TO THE ORGANIZATION, AND WHO HAVE DONATED AT LEAST $10, ARE ALLOWED TO VOTE FOR TRUSTEES ON THE BASIS OF ONE VOTE FOR EACH $10 CONTRIBUTED OVER THEIR MEMBERSHIP PERIOD. FORM 990, PART VI, SECTION A, LINE 7B BOARD VACANCIES MAY BE FILLED BY THE BOARD OF TRUSTEES, AND THAT DECISION MUST BE RATIFIED BY THE MEMBERSHIP AT EITHER THE ANNUAL MEETING OR A SPECIAL MEETING WHICH MAY BE CALLED FOR SUCH PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS E-MAILED TO ALL TRUSTEES, WHO ARE REQUESTED TO REVIEW AND APPROVE THE 990 AS PRESENTED. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE PUBLISHED IN THE SOCIETY'S ANNUAL REPORT AND AVAILABLE ON THE WEBSITE. THE GOVERNING DOCUMENTS AND OTHER POLICIES ARE AVAILABLE UPON REQUEST TO THE MUSEUM OFFICE, AND THE FORM 990 IS ALSO AVAILABLE ON THE WEBSITE AND GUIDESTAR.ORG. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION THE SOCIETY IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F) FOR THE YEAR ENDING DECEMBER 31, 2017.