Railroad Museum Of Minot
EIN: 363495524 · Minot, ND · NTEE: A540
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $114K |
| Net Assets | $384K |
Is Railroad Museum Of Minot Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Railroad Museum Of Minot
Railroad Museum Of Minot (EIN: 363495524) is a nonprofit organization based in Minot, ND, classified under NTEE code A540. The organization reported total revenue of $11K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Railroad Museum Of Minot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Railroad Museum Of Minot is a micro nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $114K |
| Surplus / Deficit | $-92,014 |
| Total Assets | $384K |
| Net Assets | $384K |
| Operating Margin | -416.8% |
| Months of Reserves | 40.4 months |
Financial Health Grade: B
In 2022, Railroad Museum Of Minot reported a deficit of $92K with expenses exceeding revenue, holds 40.4 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2022), Railroad Museum Of Minot's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +2.5% | +110.0% | -23.5% |
| 2021 | +7.0% | +90.0% | -4.1% |
| 2020 | -19.6% | -2.3% | -2.0% |
| 2019 | -23.4% | -39.8% | +2.5% |
| 2018 | +34.1% | +43.6% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Railroad Museum Of Minot 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 Railroad Museum Of Minot 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
Frequently Asked Questions about Railroad Museum Of Minot
Is Railroad Museum Of Minot a legitimate charity?
Based on AI analysis of IRS 990 filings, Railroad Museum Of Minot (EIN: 363495524) insufficient data. 0 red flags identified, 0 strengths noted.
How does Railroad Museum Of Minot spend its money?
Detailed spending breakdown data is not yet available for Railroad Museum Of Minot. Check back for updated IRS 990 analysis.
Are donations to Railroad Museum Of Minot tax-deductible?
Railroad Museum Of Minot is registered as a tax-exempt nonprofit (EIN: 363495524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Railroad Museum Of Minot located?
Railroad Museum Of Minot is headquartered in Minot, North Dakota and files with the IRS under EIN 363495524. It is classified under NTEE code A540.
How many years of IRS 990 filings does Railroad Museum Of Minot have?
Railroad Museum Of Minot has 10 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 $11K in total revenue.
Filing History
IRS 990 filing history for Railroad Museum Of Minot showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), Railroad Museum Of Minot's revenue has declined by 15.3%, moving from $26K to $22K. Total assets increased by 4514.8% over the same period, from $8K to $384K. Total functional expenses rose by 162.6%, from $43K to $114K. In its most recent filing year (2022), Railroad Museum Of Minot reported a deficit of $92K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $22K | $114K | $384K | $0 | — | View 990 |
| 2021 | $22K | $54K | $502K | $0 | — | View 990 |
| 2020 | $20K | $29K | $523K | $0 | — | — |
| 2019 | $25K | $29K | $534K | $0 | — | View 990 |
| 2018 | $33K | $49K | $521K | $0 | — | View 990 |
| 2017 | $24K | $34K | $556K | $0 | — | View 990 |
| 2016 | $13K | $30K | $550K | $0 | — | View 990 |
| 2015 | $4K | $40K | $467K | $0 | — | View 990 |
| 2013 | $37K | $24K | $21K | $0 | — | View 990 |
| 2011 | $26K | $43K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $22K, expenses of $114K, and assets of $384K (revenue +2.5% year-over-year).
- 2021: Revenue of $22K, expenses of $54K, and assets of $502K (revenue +7.0% year-over-year).
- 2020: Revenue of $20K, expenses of $29K, and assets of $523K (revenue -19.6% year-over-year).
- 2019: Revenue of $25K, expenses of $29K, and assets of $534K (revenue -23.4% year-over-year).
- 2018: Revenue of $33K, expenses of $49K, and assets of $521K (revenue +34.1% year-over-year).
- 2017: Revenue of $24K, expenses of $34K, and assets of $556K (revenue +91.5% year-over-year).
- 2016: Revenue of $13K, expenses of $30K, and assets of $550K (revenue +216.7% year-over-year).
- 2015: Revenue of $4K, expenses of $40K, and assets of $467K (revenue -89.1% year-over-year).
- 2013: Revenue of $37K, expenses of $24K, and assets of $21K (revenue +41.4% year-over-year).
- 2011: Revenue of $26K, expenses of $43K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Railroad Museum Of Minot:
Data Sources and Methodology
This transparency report for Railroad Museum Of Minot 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.