Lost Railway Museum
EIN: 475410254 · Grass Lake, MI · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $261K |
| Total Expenses | $184K |
| Net Assets | $1.2M |
Is Lost Railway Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lost Railway Museum
Lost Railway Museum (EIN: 475410254) is a nonprofit organization based in Grass Lake, MI, classified under NTEE code A50. The organization reported total revenue of $261K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lost Railway Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lost Railway Museum is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 141.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $288K |
| Total Expenses | $184K |
| Surplus / Deficit | +$104K |
| Total Assets | $1.3M |
| Total Liabilities | $101K |
| Net Assets | $1.2M |
| Operating Margin | 36.2% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 82.8 months |
Financial Health Grade: A
In 2023, Lost Railway Museum reported a surplus of $104K with revenue exceeding expenses, holds 82.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Lost Railway Museum's revenue has grown at a compound annual growth rate (CAGR) of 141.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +24.3% | +2.4% |
| 2022 | +31.0% | +38.2% | +16.1% |
| 2021 | +72.5% | -13.9% | +-0.0% |
| 2020 | -25.6% | -5.5% | +0.8% |
| 2019 | -20.2% | +15.8% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lost Railway Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lost Railway Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about Lost Railway Museum
Is Lost Railway Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Lost Railway Museum (EIN: 475410254) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lost Railway Museum spend its money?
Detailed spending breakdown data is not yet available for Lost Railway Museum. Check back for updated IRS 990 analysis.
Are donations to Lost Railway Museum tax-deductible?
Lost Railway Museum is registered as a tax-exempt nonprofit (EIN: 475410254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lost Railway Museum located?
Lost Railway Museum is headquartered in Grass Lake, Michigan and files with the IRS under EIN 475410254. It is classified under NTEE code A50.
How many years of IRS 990 filings does Lost Railway Museum have?
Lost Railway Museum has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $261K in total revenue.
Filing History
IRS 990 filing history for Lost Railway Museum showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Lost Railway Museum's revenue has grown by 115137.6%, moving from $250 to $288K. Total assets increased by 507117.6% over the same period, from $250 to $1.3M. In its most recent filing year (2023), Lost Railway Museum reported a surplus of $104K, with revenue exceeding expenses. The organization holds $101K in liabilities against $1.3M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $288K | $184K | $1.3M | $101K | — | View 990 |
| 2022 | $293K | $148K | $1.2M | $175K | — | — |
| 2021 | $223K | $107K | $1.1M | $148K | — | — |
| 2020 | $129K | $124K | $1.1M | $265K | — | View 990 |
| 2019 | $174K | $132K | $1.1M | $261K | — | View 990 |
| 2018 | $218K | $114K | $1.0M | $295K | — | View 990 |
| 2017 | $265K | $79K | $1.1M | $468K | — | View 990 |
| 2016 | $485K | $20K | $530K | $65K | — | View 990 |
| 2015 | $250 | $0 | $250 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $288K, expenses of $184K, and assets of $1.3M (revenue -1.5% year-over-year).
- 2022: Revenue of $293K, expenses of $148K, and assets of $1.2M (revenue +31.0% year-over-year).
- 2021: Revenue of $223K, expenses of $107K, and assets of $1.1M (revenue +72.5% year-over-year).
- 2020: Revenue of $129K, expenses of $124K, and assets of $1.1M (revenue -25.6% year-over-year).
- 2019: Revenue of $174K, expenses of $132K, and assets of $1.1M (revenue -20.2% year-over-year).
- 2018: Revenue of $218K, expenses of $114K, and assets of $1.0M (revenue -17.8% year-over-year).
- 2017: Revenue of $265K, expenses of $79K, and assets of $1.1M (revenue -45.3% year-over-year).
- 2016: Revenue of $485K, expenses of $20K, and assets of $530K (revenue +193755.2% year-over-year).
- 2015: Revenue of $250, expenses of $0, and assets of $250.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lost Railway Museum:
Data Sources and Methodology
This transparency report for Lost Railway Museum is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.