Rosenberg Railroad Museum Inc

Analysis

Rosenberg Railroad Museum Inc is a registered charity in United States, based in Rosenberg, TX. It received its IRS tax-exemption ruling in December 1999, 27 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, Rosenberg Railroad Museum Inc reported income of $533k and spending of $623k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $315k to $533k (+69%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rosenberg Railroad Museum Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Society of Voice Arts and Sciences Inc ($533k), Hutchings Museum ($534k) and Northern Neck Orchestra Corporation ($533k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 22% of the total. Other salaries and wages came to $316k. At year end it held assets of $1.6m against liabilities of $225k, net assets of $1.4m. It reported 22 employees.