2025-06-10T07:35:42-05:00 2024-03-31 824812448 PGM LLC 319 Main Street Biddeford ME 04005 990 2023-04-01 010478004 Maine Narrow Gauge Railroad and Industrial Heritage Trust MAIN 2078280814 413 Presumpscot Street Portland ME 04103 Griffin Bourassa Executive Director 2078280814 2025-06-10 1 1 P01200943 2074155714 2023 2025-03-06 01:10:19Z Griffin Bourassa 413 Presumpscot Street Portland ME 04103 1963534 0 X www.mainenarrowgauge.org X 1993 ME The Maine Narrow Gauge Railroad Company & Museum preserves and operates historic two-foot gauge railroad equipment for the education and enjoyment of the public. 7 7 23 600 0 0 83447 47900 1360221 1715747 24450 38720 494 36790 1468612 1839157 0 0 0 0 346261 573770 0 0 91941 953962 1288666 1300223 1862436 168389 -23279 2429096 1948394 664746 242370 1764350 1706024 The Maine Narrow Gauge Railroad Company & Museum preserves and operates hstoric two-foot gauge railroad equipment for the education and enjoyment of the public. 0 0 1521643 680493 Our extensive collection of historic Maine two-foot narrow gauge railroad locomotives, cars, photograhphs, records, and artifacts allows us to display and interpret them as museum exhibits for the education of the public. More importantly, we operate locomotives and cars that carry our visitors on a living history trip back in time to what rural Maine was like in the period 1879 to 1943. 1521643 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 23 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Griffin Bourassa 2078280814 413 Presumpscot Street Portland ME 04103 Paul Forbes President 1.00 X X 0 0 0 Dakota Dumont Vice President 1.00 X X 0 0 0 Brian Libby Treasurer 1.00 X X 0 0 0 Jonathan Keenan Secretary 1.00 X X 0 0 0 Alex Ensign Trustee 1.00 X 0 0 0 Ron Guay Trustee 1.00 X 0 0 0 Jess Davis-Knowlton Trustee 1.00 X 0 0 0 Griffin Bourassa Executive Director 40.00 X 92404 0 5186 92404 0 5186 0 0 0 0 0 5315 2600 39985 47900 Polar express tickets 713990 1047966 1047966 Railroad tickets 713990 663865 663865 Group tours 713990 3916 3916 1715747 38720 38720 161035 124377 36658 16496 20162 Miscellaneous 900099 132 132 132 1839157 680493 0 1110764 97635 73226 19527 4882 404314 303235 80863 20216 8454 6340 1691 423 18264 13698 3653 913 45103 33827 9021 2255 2168 2168 10920 2621 8124 175 47817 47817 26229 8493 17170 566 9748 9748 313080 313080 219289 164467 43858 10964 25533 25533 6841 6841 8059 6044 1612 403 57768 57768 51296 38472 10259 2565 Railroad operations 233134 233134 Restoration and exhibit 119043 119043 Special events 91416 91416 Equipment rental 19153 19153 47172 37626 8784 762 1862436 1521643 248852 91941 941864 937466 54718 54718 2440830 1498317 1420667 942513 11847 13697 2429096 1948394 10540 7780 645790 212197 8416 22393 664746 242370 X 1764350 1706024 1764350 1706024 2429096 1948394 X -23279 -35047 X 0 0 0 X 293645 357228 494455 83447 47900 1276675 270393 79129 419542 517049 740247 2026360 564038 436357 913997 600496 788147 3303035 0 0 0 3303035 332 531 1055 24450 38720 65088 332 531 1055 24450 38720 65088 384649 46411 442989 587321 296755 1758125 949019 483299 1358041 1212267 1123622 5126248 0.64430 0.01270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78700 78700 17343 10930 6413 153746 78044 75702 1594478 1322663 271815 596563 86680 509883 942513 Credit cards 12272 Gift cards 457 Sales tax payable 4894 Simple plan 4770 22393 Form 990, Part VI, Section A, line 6 Membership is open to all and any individuals fin any country who support the corporation's general purposes and mission. Membership is granted upon receipt of appropriate application and membership dues. The Board of Trustees reserves the right to refuse or revoke membership. Form 990, Part VI, Section A, line 7a See explanation to Form 990, Part VI, Line 7(b). Form 990, Part VI, Section A, line 7b Members may vote on the following: The election of the Board of Trustees, amendments to the corporation's bylaws, amendments to the corporation's articles of incorporation, removal of trustees, and any other business that may duly come before an annual or special meeting of members of the corporation. Form 990, Part VI, Section B, line 11b A copy of the draft Form 990 was made available to all board members for review and comment prior to being filed. Form 990, Part VI, Section B, line 12c The President and Executive Director review annual submissions for potential conflicts. Form 990, Part VI, Section B, line 15 The executive director's compensation was determined after reviewing national, regional and state salary survey data for museum and non-profit executive directors. The final decision on compensation was determined by a majority vote of the board, all of whom are independent. The decisions of the board are recorded in the minutes. THe same salary survey information is used to determine compensation for other permanent staff as part of setting the annual budget. The treasurer, an independent board member, prepares the budget in consultation with the executive director, and the board adopts the budget by majority vote. Form 990, Part VI, Section C, line 19 Governing documents, financial statements and other documents are available upon written request. Form 990, Part XI, line 9: Adjustment due to reutrn of land ownership -35047.