Nonprofit · EIN 23-7066156
MINNESOTA TRANSPORTATION MUSEUM INC
Tax-exempt · SAINT PAUL, MN 55130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,016,974 | $2,004,606 | $12,368 | $8,459,055 | $515,609 | $7,943,446 |
| December 31, 2023 | 990 | $1,677,930 | $1,848,380 | -$170,450 | $8,284,197 | $463,825 | $7,820,372 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,144,956
- Membership dues
- $13,859
- Program service revenue
- $710,312
- Investment income
- $111,948
- Net gain from sales of assets
- $29,966
- Net income from sales of inventory
- $49,096
- Other revenue
- $49,758
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $205,229
- Salaries, compensation and benefits (total)
- $219,508
- Professional fundraising fees
- $0
- Legal fees
- $12,769
- Accounting fees
- $34,771
- Depreciation
- $190,688
- Program services (functional)
- $1,793,474
- Management and general (functional)
- $169,198
- Fundraising (functional)
- $41,934
Balance sheet and other
- Total assets, start of year
- $8,284,197
- Total assets, end of year
- $8,459,055
- Total liabilities, end of year
- $515,609
- Net assets, end of year
- $7,943,446
- Land, buildings and equipment
- $3,042,503
- Publicly traded securities
- $2,148,458
- Net assets without donor restrictions
- $5,221,849
- Net assets with donor restrictions
- $2,721,597
- Gross receipts
- $2,379,349
- Employees
- 8
- Volunteers
- 130
- Year formed
- 1963
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAYNE MERCHANT | CHAIRMAN Trustee or director, Officer | 20 | $0 |
| ROBERT PUELSTON | VICE CHAIRMAN Trustee or director, Officer | 20 | $0 |
| DEBORAH WOOD | TRESURER Trustee or director, Officer | 20 | $0 |
| MORTEN JORGENSEN | SECRETARY Trustee or director, Officer | 20 | $0 |
| GARY YAZELL | AT LARGE Trustee or director | 5 | $0 |
| MARION PEW | AT LARGE Trustee or director | 5 | $0 |
| TODD MCGONAGLE | AT LARGE Trustee or director | 5 | $0 |
| LARRY PAULSON | AT LARGE Trustee or director | 5 | $0 |
| JOHN RADIMECKY | AT LARGE Trustee or director | 5 | $0 |
| KEITH LARSON | AT LARGE Trustee or director | 5 | $0 |
| KURT MAHRE | AT LARGE Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KURT MAHRE | VICE CHAIRMAN Trustee or director, Officer | 20 | $0 |
| DEBORAH WOOD | TRESURER Trustee or director, Officer | 20 | $0 |
| WAYNE MERCHANT | CHAIRMAN Trustee or director, Officer | 20 | $0 |
| GARY YAZELL | AT LARGE Trustee or director | 5 | $0 |
| ROBERT PUELSTON | SECRETARY Trustee or director, Officer | 20 | $0 |
| MORTEN JORGENSEN | AT LARGE Trustee or director | 5 | $0 |
| TODD MCGONAGLE | AT LARGE Trustee or director | 5 | $0 |
| LARRY PAULSON | AT LARGE Trustee or director | 5 | $0 |
| JOHN RADIMECKY | AT LARGE Trustee or director | 5 | $0 |
| KEITH LARSON | AT LARGE Trustee or director | 5 | $0 |
| LON VANGEMERT | AT LARGE Trustee or director | 5 | $0 |
| MARION PEW | AT LARGE Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 193 PENNSYLVANIA AVE E, SAINT PAUL, MN 55130-4319
- Principal officer (990 for 2024)
- JOSH HOABY, 193 PENNSYLVANIA AVE, ST PAUL, MN 55130
- Signed the 990
- JOSH HOABY, EXECUTIVE DIRECTOR
- Phone
- (651) 228-0263
- Website
- WWW.TRAINRIDE.ORG
- Return prepared by
- SMITH SCHAFER & ASSOCIATES LTD
Mission
TO EDUCATE THE PUBLIC REGARDING THE HISTORY AND DEVELOPMENT OF TRANSPORTATION IN MINNESOTA AND TO PRESERVE THAT HISTORY.
Program accomplishments
- 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, WIExpenses $1,102,195 · revenue $604,877
- 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 ENJOYMENTExpenses $691,279 · revenue $105,435
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7066156
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $8,459,055
- Income (IRS master file)
- $2,379,349
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,016,974 | $2,004,606 | $8,459,055 | XML |
| 990 | December 2023 | $1,677,930 | $1,848,380 | $8,284,197 | XML |
| 990 | December 2022 | $2,468,665 | $1,071,101 | $8,827,307 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7066156).
Questions about MINNESOTA TRANSPORTATION MUSEUM INC
- What is the EIN of MINNESOTA TRANSPORTATION MUSEUM INC?
- The employer identification number (EIN) of MINNESOTA TRANSPORTATION MUSEUM INC is 23-7066156.
- Is MINNESOTA TRANSPORTATION MUSEUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to MINNESOTA TRANSPORTATION MUSEUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINNESOTA TRANSPORTATION MUSEUM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MINNESOTA TRANSPORTATION MUSEUM INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNESOTA TRANSPORTATION MUSEUM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MINNESOTA TRANSPORTATION MUSEUM INC?
- The 990 for the year ended December 31, 2024 names JOSH HOABY.
- Who are the officers and directors of MINNESOTA TRANSPORTATION MUSEUM INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does MINNESOTA TRANSPORTATION MUSEUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,016,974, expenses of $2,004,606 and total assets of $8,459,055 at year end.
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All nonprofits in SAINT PAUL · Minnesota · Arts, culture and humanities