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Nonprofit · EIN 47-7373395

CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT

Also known as T BONDURANT FRENCH TTEE

Tax-exempt · MADISON, WI 53711

Financials

$1.1M$279K2023$334K$188K2024
Revenue Expenses · by fiscal year end
Financials of CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$334,040$187,611$146,429$4,209,474$120,210$4,089,264
December 31, 2023990$1,103,101$278,684$824,417$3,644,597$10,890$3,633,707
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$149,381
Program service revenue
$0
Investment income
$184,659
Net gain from sales of assets
$8,341
Other revenue
$0

Expenses

Grants and similar amounts paid
$160,203
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,000
Program services (functional)
$160,203
Management and general (functional)
$27,408

Balance sheet and other

Total assets, start of year
$3,644,597
Total assets, end of year
$4,209,474
Total liabilities, end of year
$120,210
Net assets, end of year
$4,089,264
Publicly traded securities
$4,103,521
Net assets without donor restrictions
$4,089,264
Gross receipts
$5,522,346
Employees
0
Volunteers
6
Year formed
2015
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
T BONDURANT FRENCHTRUSTEE
Trustee or director
1$0
DAVID KAHLERTRUSTEE
Trustee or director
1$0
ALBERT O LOUERTRUSTEE
Trustee or director
1$0
MICHAEL SCHMIDTTRUSTEE
Trustee or director
1$0
RICHARD TOWER JRTRUSTEE/CHAIR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
T BONDURANT FRENCHTRUSTEE
Trustee or director
1$0
DAVID KAHLERTRUSTEE
Trustee or director
1$0
ALBERT O LOUERTRUSTEE
Trustee or director
1$0
MICHAEL SCHMIDTTRUSTEE
Trustee or director
1$0
RICHARD TOWER JRTRUSTEE/CHAIR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1930 MONROE ST STE 301, MADISON, WI 53711-2059
In care of
% SCOTT LOTHES
Principal officer (990 for 2024)
MICHAEL SCHMIDT, 1930 MONROE STREET SUITE 301, MADISON, WI 537112059
Signed the 990
MICHAEL SCHMIDT, TRUSTEE
Phone
(608) 251-5785
Return prepared by
SVA CERTIFIED PUBLIC ACCTS SC

Mission

TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE CENTER FOR RAILROAD PHOTOGRAPHY AND ART INC.

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE CENTER FOR RAILROAD PHOTOGRAPHY AND ART INC ("CENTER"), THE CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT ("ENDOWMENT') MAINTAINS A PROFESSIONALLY MANAGED ENDOWMENT FUND THAT MAKES QUARTERLY DISTRIBUTIONS TO THE CENTER. THE ENDOWMENT IS THE PRIMARY VEHICLE FOR RECEIVING ESTATE AND LEGACY GIFTS. THESE GIFTS BECOME PART OF THE PRINCIPAL OF THE ENDOWMENT FUND, INVESTED ACCORDING TO ITS TRUSTEE-APPROVED INVESTMENT POLICY, WHICH THEN CONTRIBUTE TO THE QUARTERLY DISTRIBUTIONS TO THE CENTER.
    Expenses $160,203 · grants $160,203

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-7373395
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,209,474
Income (IRS master file)
$5,522,346

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$334,040$187,611$4,209,474XML
990December 2023$1,103,101$278,684$3,644,597XML
990December 2022$178,941$259,355$2,370,815IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-7373395).

Questions about CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT

What is the EIN of CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT?
The employer identification number (EIN) of CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT is 47-7373395.
Is CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT?
The 990 for the year ended December 31, 2024 names MICHAEL SCHMIDT.
Who are the officers and directors of CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does CENTER FOR RAILROAD PHOTOGRAPHY & ART ENDOWMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $334,040, expenses of $187,611 and total assets of $4,209,474 at year end.

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