Moffat Road Railroad Museum

Analysis

Moffat Road Railroad Museum is a registered charity in United States, based in Granby, CO. It received its IRS tax-exemption ruling in January 2021, 5 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, Moffat Road Railroad Museum reported income of $492k and spending of $1.2m, spending 237% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.4m to $492k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Moffat Road Railroad Museum sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include El Paso Holocaust Museum and Study Center ($492k), The Odyssey After School Enrichment Program ($492k) and The Free History Project Inc ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $78k (6.7% of expenses). Other salaries and wages came to $50k. At year end it held assets of $974k against liabilities of $0, net assets of $974k.