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Nonprofit · EIN 51-0174355

EAST TROY RAILROAD MUSEUM INC

Tax-exempt · EAST TROY, WI 53120

Financials

$651K$564K2023$865K$690K2024
Revenue Expenses · by fiscal year end
Financials of EAST TROY RAILROAD MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$865,158$689,629$175,529$3,608,702$239,595$3,369,107
December 31, 2023990$650,903$563,500$87,403$3,587,093$395,444$3,191,649
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$307,205
Membership dues
$38,585
Program service revenue
$498,360
Investment income
$8,959
Net income from sales of inventory
$41,362
Other revenue
$50,634

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$150,429
Salaries, compensation and benefits (total)
$161,750
Professional fundraising fees
$0
Accounting fees
$58,806
Occupancy
$61,638
Travel
$1,999
Depreciation
$61,579
Program services (functional)
$552,224
Management and general (functional)
$137,405

Balance sheet and other

Total assets, start of year
$3,587,093
Total assets, end of year
$3,608,702
Total liabilities, end of year
$239,595
Net assets, end of year
$3,369,107
Land, buildings and equipment
$1,445,195
Net assets without donor restrictions
$3,235,752
Net assets with donor restrictions
$133,355
Gross receipts
$893,744
Employees
3
Volunteers
139
Year formed
1975
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
JOSEPH BUERGERDIRECTOR
Trustee or director
2$0
DAN BEHRDIRECTOR
Trustee or director
2$0
RYAN JONASCHAIRMAN
Trustee or director
5$0
STEPHEN RUDOLPHDIRECTOR
Trustee or director
2$0
JOHN GIOVEDIRECTOR
Trustee or director
2$0
ED STAYANOVICHDIRECTOR
Trustee or director
2$0
LAURENCE PEARLMANDIRECTOR
Trustee or director
2$0
PATRICK DORANDIRECTOR
Trustee or director
2$0
RON KNAFLICDIRECTOR
Trustee or director
2$0
IVAN ABRAMSDIRECTOR
Trustee or director
2$0
WILLIAM FINKEVICE PRESIDENT
Trustee or director, Officer
10$0
STEVE THOMASSECRETARY
Trustee or director, Officer
16$0
EVAN RICHARDSTREASURER
Trustee or director, Officer
10$0
WARD KOMOROWSKIPRESIDENT
Trustee or director, Officer
16$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
PATRICK DORANDIRECTOR
Trustee or director
2$0
STEPHEN RUDOLPHDIRECTOR
Trustee or director
2$0
JOHN GIOVEDIRECTOR
Trustee or director
2$0
LAURENCE PERALMANDIRECTOR
Trustee or director
2$0
ED STAYANOVICHDIRECTOR
Trustee or director
2$0
STEVE SOUTHWORTHDIRECTOR
Trustee or director
2$0
IVAN ABRAMSDIRECTOR
Trustee or director
2$0
JOSEPH BUERGERDIRECTOR
Trustee or director
2$0
DAN BEHRDIRECTOR
Trustee or director
2$0
RON KNAFLICDIRECTOR
Trustee or director
2$0
RYAN JONASCHAIRMAN
Trustee or director
5$0
STEVE THOMASSECRETARY
Trustee or director, Officer
16$0
WILLIAM FINKEVICE PRESIDENT
Trustee or director, Officer
10$0
WARD KOMOROWSKIPRESIDENT
Trustee or director, Officer
16$0
EVAN RICHARDSTREASURER
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
2002 CHURCH ST, EAST TROY, WI 53120-1333
In care of
% EVAN RICHARDS
Principal officer (990 for 2024)
WARD KOMOROWSKI, PO BOX 943, EAST TROY, WI 531200943
Signed the 990
EVAN RICHARDS, TREASURER
Phone
(262) 642-3263
Return prepared by
Wasserman Shuff & Co LLC

Mission

A NOT-FOR-PROFIT EDUCATIONAL CORPORATION DEDICATED TO ENGAGING VISITORS IN THE HERITAGE OF ELECTRIC INTERURBAN RAILWAYS AND TROLLEY SYSTEMS THROUGH RESTORATION, PRESERVATION AND OPERATION OF HISTORIC EQUIPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • OUR MISSION IS TO ENGAGE VISITORS IN THE HERITAGE OF ELECTRIC INTERURBAN RAILWAYS AND TROLLEY SYSTEMS THROUGH RESTORATION, PRESERVATION AND OPERATION OF HISTORIC EQUIPMENT. WE DELIVER THIS MISSION BY PROVIDING EDUCATIONAL TRAIN RIDES STAFFED BY CONDUCTORS OR CAR HOSTS WHO EXPLAIN THE HISTORY OF OUR RAILROAD LINE, THE BENEFITS THIS LINE BROUGHT TO THE COMMUNITIES ALONG THE LINE, AND THE MAJOR ROLE THAT RAILROADS AND ELECTRIC INTERURBAN SYSTEMS PLAYED IN THE DEVELOPMENT OF THE UNITED STATES OF AMERICA. PASSENGERS TRAVEL IN HISTORIC RAILROAD CARS AND STREETCARS, RESTORED TO THEIR PERIOD APPEARANCE, AND EXPERIENCE WHAT IT WOULD HAVE BEEN LIKE TO RIDE THESE SAME CARS 90 TO 100 YEARS AGO. JUST UNDER 25,000 PASSENGERS RODE OUR TRAINS IN 2024.
    Expenses $552,224 · revenue $493,860
  • WE OFFER FUN AND EDUCATIONAL EXPERIENCES FOR ELEMENTARY STUDENTS. FIELD TRIPS ABOARD OUR HISTORIC RAILROAD CARS PROVIDE A UNIQUE ENVIRONMENT IN WHICH STUDENTS CAN EXPERIENCE AND DISCUSS A WIDE RANGE OF SCIENCE, ELECTRICAL, AND SOCIAL LESSONS. WE HAVE ESTABLISHED A SCHOOL TRANSPORTATION ENDOWMENT FUND THAT OFFERS SUBSIDIES TO HELP PAY FOR SCHOOL BUSES TO BRING STUDENTS TO THE RAILROAD. WE HOSTED 436 CHILDREN ON FIELD TRIPS IN 2024.
    revenue $3,600
  • WE PROVIDE STEM-BASED EDUCATIONAL PROGRAMMING THAT CATERS TO THE LOWER ELEMENTARY GRADES K-2 OR TO THE UPPER ELEMENTARY GRADES 3-5. OUR STEM CURRICULUM WAS DEVELOPED BY EDUCATORS IN ACCORDANCE WITH STATE OF WISCONSIN STANDARDS. A PROGRAM IS PRESENTED AT THEMUSEUM DEPOT IN EAST TROY AND INVOLVES A SHORT TALK ON THE SUBJECT OF ELECTRICITY AND MOTION, A GRADEAPPROPRIATE HANDS-ON ACTIVITY, AND A 30 MINUTE RIDE ON ONE OF OUR HISTORIC TROLLEYS OR ELECTRIC RAILROAD CARS, INCLUDING THE HISTORY OF THE TROLLEYLINE. THIS PROGRAM CAN ALSO BE DELIVERED IN A SCHOOL SETTING, WITHOUT THE ACTUAL TRAIN RIDE. APPROXIMATELY 150 STUDENTS PARTICIPATED IN THESE PROGRAMS IN 2024.
    revenue $900

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
51-0174355
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,608,702
Income (IRS master file)
$893,744

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$865,158$689,629$3,608,702IRS
990December 2023$650,903$563,500$3,587,093XML
990December 2022$634,088$686,364$3,503,054IRS
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 51-0174355).

Questions about EAST TROY RAILROAD MUSEUM INC

What is the EIN of EAST TROY RAILROAD MUSEUM INC?
The employer identification number (EIN) of EAST TROY RAILROAD MUSEUM INC is 51-0174355.
Is EAST TROY RAILROAD MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to EAST TROY RAILROAD MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EAST TROY RAILROAD MUSEUM INC 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 EAST TROY RAILROAD MUSEUM INC 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 EAST TROY RAILROAD MUSEUM INC 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 EAST TROY RAILROAD MUSEUM INC?
The 990 for the year ended December 31, 2024 names WARD KOMOROWSKI.
Who are the officers and directors of EAST TROY RAILROAD MUSEUM INC?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does EAST TROY RAILROAD MUSEUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $865,158, expenses of $689,629 and total assets of $3,608,702 at year end.

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