Nonprofit · EIN 52-1535426
B & O RAILROAD MUSEUM
Tax-exempt · BALTIMORE, MD 21223
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,275,472 | $7,421,269 | -$145,797 | $47,207,476 | $11,830,262 | $35,377,214 |
| June 30, 2024 | 990 | $9,023,515 | $6,845,960 | $2,177,555 | $36,427,335 | $1,072,886 | $35,354,449 |
| June 30, 2023 | 990 | $11,606,730 | $5,689,747 | $5,916,983 | $34,326,988 | $1,514,278 | $32,812,710 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,193,963
- of which government grants
- $1,233,360
- Membership dues
- $172,536
- Program service revenue
- $2,446,875
- Investment income
- $1,025,901
- Royalties
- $31,113
- Net rental income
- $342,996
- Net gain from sales of assets
- $664,790
- Net income from fundraising events
- -$3,414
- Net income from sales of inventory
- $144,703
- Other revenue
- $608,733
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $265,534
- Other salaries and wages
- $1,837,470
- Salaries, compensation and benefits (total)
- $2,462,995
- Professional fundraising fees
- $62,116
- Legal fees
- $200,384
- Accounting fees
- $72,124
- Occupancy
- $532,194
- Travel
- $152,830
- Depreciation
- $774,900
- Program services (functional)
- $6,021,446
- Management and general (functional)
- $797,387
- Fundraising (functional)
- $602,436
Balance sheet and other
- Total assets, start of year
- $36,427,335
- Total assets, end of year
- $47,207,476
- Total liabilities, end of year
- $11,830,262
- Net assets, end of year
- $35,377,214
- Land, buildings and equipment
- $17,038,800
- Publicly traded securities
- $12,232,795
- Net assets without donor restrictions
- $24,055,341
- Net assets with donor restrictions
- $11,321,873
- Gross receipts
- $7,618,140
- Employees
- 62
- Volunteers
- 100
- Year formed
- 1987
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRIS HOELLEN | EXECUTIVE DIRECTOR Officer | 40 | $233,941 | $31,593 |
| JONATHAN GOLDMAN | CURATORIAL DIRECTOR Highest-paid employee | 40 | $139,278 | $26,023 |
| JOANNE WOOLLEY | DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $141,512 | $17,578 |
| JOEL DRABKIN | CONTROLLER Highest-paid employee | 40 | $104,189 | $21,333 |
| STEVE JOHNSON | FACILITIES DIRECTOR Highest-paid employee | 40 | $103,107 | $832 |
| FRANCIS X SMYTH | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| SUZZANNE DECKER | CORPORATE SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| JOSHUA WARFIELD | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| REBECCA ALTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CATHRIN BANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE J BANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANIRBAN BASU | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRITTANY BRAMHALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANET CURRIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREW DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
22 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH DAVIS | BOARD MEMBER Trustee or director | 1 | $0 |
| RONALD W DRUCKER | BOARD MEMBER Trustee or director | 1 | $0 |
| GREGORY FARNO | BOARD MEMBER Trustee or director | 1 | $0 |
| RIAN HARGRAVE | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIC THOMAS HENDRICKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN JACOBY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRUNO MAESTRI | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN MAGNESS | BOARD MEMBER Trustee or director | 1 | $0 |
| FRANK MOFFA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANTHONY PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS PILKERTON | BOARD MEMBER Trustee or director | 1 | $0 |
| GREGORY C PINKARD | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE S RICH | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG D ROSWELL | BOARD MEMBER Trustee or director | 1 | $0 |
| ADAM F SANDY | BOARD MEMBER Trustee or director | 1 | $0 |
| JANE M SHAAB | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER J SHUDTZ | BOARD MEMBER Trustee or director | 1 | $0 |
| ALANNA STROHECKER | BOARD MEMBER Trustee or director | 1 | $0 |
| GAYNELLE SWAN | BOARD MEMBER (PART YEAR) Trustee or director | 1 | $0 |
| DANIEL TAMBELLINI | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN TUCKER | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER J VASCO | BOARD MEMBER (PART YEAR) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRIS HOELLEN | EXECUTIVE DIRECTOR Officer | 40 | $234,485 | $20,423 |
| JONATHAN GOLDMAN | CHIEF CURATOR Highest-paid employee | 40 | $134,041 | $12,073 |
| JOANNE WOOLLEY | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $134,574 | $11,253 |
| STEVE JOHNSON | FACILITIES DIRECTOR Highest-paid employee | 40 | $102,425 | $0 |
| FRANCIS X SMYTH | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| SUZZANNE DECKER | CORPORATE SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| JOSHUA WARFIELD | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| REBECCA ALTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CATHRIN BANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE J BANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRITTANY BRAMHALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREW DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RONALD W DRUCKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREGORY FARNO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RIAN HARGRAVE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC THOMAS HENDRICKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GERRY M HILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN JACOBY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRUNO MAESTRI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN MAGNESS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FRANK MOFFA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS PILKERTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREGORY C PINKARD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE S RICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG D ROSWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ADAM F SANDY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANE M SHAAB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PETER J SHUDTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GERALD STONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GAYNELLE SWAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL TAMBELLINI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN TUCKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PETER J VASCO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREW C WILSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRIS HOELLEN | EXECUTIVE DIRECTOR Officer | 40 | $234,985 | $35,600 |
| JOANNE WOOLLEY | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $128,070 | $29,633 |
| JONATHAN GOLDMAN | CHIEF CURATOR Highest-paid employee | 40 | $127,465 | $30,056 |
| STEVE JOHNSON | FACILITIES DIRECTOR Highest-paid employee | 40 | $103,963 | $821 |
| FRANCIS X SMYTH | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| SUZZANNE DECKER | CORPORATE SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| GREGORY FARNO | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| SUHAIR AL KHATIB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CATHRIN BANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE J BANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREW DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RONALD W DRUCKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RIAN HARGRAVE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC THOMAS HENDRICKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GERRY M HILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN JACOBY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN MAGNESS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN L MCCRUM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS PILKERTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREGORY C PINKARD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE S RICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES E ROSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG D ROSWELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ADAM F SANDY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JANE M SHAAB | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PETER J SHUDTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GERALD STONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GAYNELLE SWAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN TUCKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PETER J VASCO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARVIN H WEINER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREW C WILSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSH WARFIELD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRITTANY BRAMHALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 901 W PRATT ST, BALTIMORE, MD 21223-2644
- Principal officer (990 for 2024)
- KRIS HOELLEN, 901 WEST PRATT STREET, BALTIMORE, MD 21223
- Signed the 990
- KRIS HOELLEN, EXECUTIVE DIRECTOR
- Phone
- (410) 752-2490
- Website
- WWW.BORAIL.ORG
- Return prepared by
- SC&H TAX AND ADVISORY SERVICES LLC
Mission
TO PRESERVE THE PHYSICAL LEGACY AND THE EXPERIENCE OF AMERICAN RAILROADING, TO INTERPRET AND PRESENT ITS HISTORY TO THE WIDEST POSSIBLE AUDIENCE AND TO DEVELOP PROGRAMS WHICH BROADEN AND DEEPEN PUBLIC APPRECIATION OF THE PAST, PRESENT AND FUTURE SIGNIFICANCE OF THE RAILROAD INDUSTRY IN THE DEVELOPMENT OF AMERICAN LIFE, ESPECIALLY IN THE CITY OF BALTIMORE, STATE OF MARYLAND, AND THE REGION.
Program accomplishments
- DEVELOPMENT OF PROGRAMS WHICH BROADEN AND DEEPEN THE PUBLIC APPRECIATION OF THE SIGNIFICANCE OF THE RAILROAD INDUSTRY IN THE DEVELOPMENT OF AMERICAN LIFE BY COLLECTING, PRESERVING, AND INTERPRETING HISTORICAL RAILROAD DOCUMENTS, DATA, ETC. THE MUSEUM OFFERS REGULARLY SCHEDULED TRAIN RIDES, DEMONSTRATIONS OF HISTORIC RAILROADING EQUIPMENT IN THE ROUNDHOUSE, AND TOURS OF OUR SHOP FACILITY WHERE VISITORS CAN WITNESS CRAFTSMEN ACTIVELY RESTORING HISTORIC LOCOMOTIVES. THE MUSEUM ALSO OFFERS MAJOR PUBLIC PROGRAMS FOCUSED ON EARLY CHILDHOOD EDUCATION AND RAILROAD CULTURE.Expenses $5,970,773 · revenue $2,516,027
- TO OPERATE AND MAINTAIN AN EQUESTRIAN FACILITY FOR MUSEUM PROGRAMMING AND SECURITYExpenses $50,673
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1535426
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A540)
- Assets (IRS master file)
- $47,207,476
- Income (IRS master file)
- $7,618,140
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,275,472 | $7,421,269 | $47,207,476 | IRS |
| 990 | June 2024 | $9,023,515 | $6,845,960 | $36,427,335 | IRS |
| 990 | June 2023 | $11,606,730 | $5,689,747 | $34,326,988 | XML |
| 990 | June 2022 | $6,418,900 | $4,971,230 | $28,054,083 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 52-1535426).
Questions about B & O RAILROAD MUSEUM
- What is the EIN of B & O RAILROAD MUSEUM?
- The employer identification number (EIN) of B & O RAILROAD MUSEUM is 52-1535426.
- Is B & O RAILROAD MUSEUM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to B & O RAILROAD MUSEUM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does B & O RAILROAD MUSEUM 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 B & O RAILROAD MUSEUM due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did B & O RAILROAD MUSEUM last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of B & O RAILROAD MUSEUM?
- The 990 for the year ended June 30, 2025 names KRIS HOELLEN.
- Who are the officers and directors of B & O RAILROAD MUSEUM?
- The 990 for the year ended June 30, 2025 lists 37 people; 5 received compensation from the organization, the highest $233,941 (KRIS HOELLEN, EXECUTIVE DIRECTOR).
- How much revenue does B & O RAILROAD MUSEUM have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,275,472, expenses of $7,421,269 and total assets of $47,207,476 at year end.
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