East Troy Railroad Museum Inc

Analysis

East Troy Railroad Museum Inc is a registered charity in United States, based in East Troy, WI. It received its IRS tax-exemption ruling in January 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Troy Railroad Museum Inc reported income of $651k and spending of $564k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $651k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East Troy Railroad Museum Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Denver Childrens Choir ($651k), Westford Community Access Television Inc ($651k) and South Bay Artist Collective ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 73% of the total. Other salaries and wages came to $142k. At year end it held assets of $3.6m against liabilities of $395k, net assets of $3.2m. It reported 3 employees.