Governor Frank G Clement Railroad Hotel and Historical Museum
Analysis
Governor Frank G Clement Railroad Hotel and Historical Museum is a registered charity in United States, based in Dickson, TN. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Governor Frank G Clement Railroad Hotel and Historical Museum reported income of $289k and spending of $162k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $259k to $289k (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 54% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Governor Frank G Clement Railroad Hotel and Historical Museum sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include National Indo-American Museum ($289k), Jookender Community Initiatives Inc ($289k) and Folsom Historical Society ($289k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $49k (30% of expenses). Other salaries and wages came to $39k. At year end it held assets of $745k against liabilities of $2,106, net assets of $743k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 2.4%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Indo-American Museum | Lombard | $289k |
| Jookender Community Initiatives Inc | Framingham | $289k |
| Folsom Historical Society | Folsom | $289k |
| All the Worlds a Stage | Clinton TWP | $289k |