Skip to main content

Nonprofit · EIN 56-1537564

WILMINGTON RAILROAD MUSEUM FOUNDATION INC

Tax-exempt · WILMINGTON, NC 28401

Financials

$255K$222K2022$336K$310K2023$342K$324K2024
Revenue Expenses · by fiscal year end
Financials of WILMINGTON RAILROAD MUSEUM FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$341,845$324,455$17,390$390,116$0$390,116
March 31, 2024990$335,734$309,919$25,815$372,611$0$372,611
March 31, 2023990$254,631$222,183$32,448$346,796$0$346,796
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$93,912
Membership dues
$15,975
Program service revenue
$209,869
Investment income
$12,100
Net income from sales of inventory
$25,964
Other revenue
$25,964

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$63,500
Other salaries and wages
$145,340
Salaries, compensation and benefits (total)
$208,840
Professional fundraising fees
$0
Occupancy
$78,549
Travel
$1,687
Program services (functional)
$260,955
Management and general (functional)
$63,500

Balance sheet and other

Total assets, start of year
$372,726
Total assets, end of year
$390,116
Total liabilities, end of year
$0
Net assets, end of year
$390,116
Land, buildings and equipment
$114,392
Net assets without donor restrictions
$390,116
Gross receipts
$389,340
Employees
0
Volunteers
20
Year formed
1979
State of legal domicile
NC

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Holli SapersteinExecutive Director
Key employee
55$63,500
Mark KoenigTrustee
Trustee or director
2$0
Bill MasseyTrustee
Trustee or director
2$0
Bill BrydenTrustee
Trustee or director
2$0
Eric LautTrustee
Trustee or director, Officer
2$0
Pete GrantTrustee
Trustee or director
2$0
Scott WilliamsonTrustee
Trustee or director
2$0
Rebekah CarmichaelTrustee
Trustee or director
2$0
Zach RogersTrustee
Trustee or director
2$0
Howard SprowPresident
Officer
2$0
Ron GuilluameVice President
Officer
20$0
Skip BreyfogleTreasurer
Officer
2$0
Rodney StoopsSecretary
Officer
2$0
990 for the year ended March 31, 2024: 11 people
NameTitleHours / weekCompensation
Holli SapersteinExecutive Director
Key employee
50$63,500
Howard SprowPresident
Trustee or director
4$0
Sharon StoneVice President
Trustee or director
4$0
Walter BreyfogleTreasurer
Trustee or director
4$0
Ron GuillaumeSecretary
Trustee or director
4$0
Charles KernanDirector
Trustee or director
4$0
Pete GrantDirector
Trustee or director
4$0
Tom HarrisDirector
Trustee or director
4$0
Bill MasseyDirector
Trustee or director
4$0
Scott WilliamsonDirector
Trustee or director
4$0
Hope MorganDirector
Trustee or director
4$0
990 for the year ended March 31, 2023: 12 people
NameTitleHours / weekCompensation
William BrydenPresidient
Trustee or director
4$0
Howard SprowVice President
Trustee or director
4$0
Aggie ChamberlainSecretary
Trustee or director
4$0
Walter BreyfogleTreasurer
Trustee or director
4$0
Kurt SchwerdtDirector
Trustee or director
4$0
William MasseyDirector
Trustee or director
4$0
Tom HarrisDirector
Trustee or director
4$0
Charles KernanDirector
Trustee or director
4$0
George DolanExecutive Director
Trustee or director
4$0
Pete GrantDirector
Trustee or director
4$0
Ginny PetersonDirector
Trustee or director
4$0
Holli SapersteinExecutive Director
Key employee
50$0

Address and contacts

Address (IRS master file)
505 NUTT ST, WILMINGTON, NC 28401-3347
In care of
% HOLLI SAPERSTEIN
Principal officer (990 for 2024)
Holli Saperstein, 505 Nutt St, Wilmington, NC 28401
Signed the 990
Holli Saperstein, Wilmington Railroad Museum
Phone
(910) 763-2634

Mission

The Wilmington Railroad Museum WRRM in Wilmington North Carolina preserves and shares the history of Wilmingtons railroads. The museums missions to educate the public about the areas railroad history and to preserve the legacy of the Atlantic Coast Line Railroad.

990 for the year ended March 31, 2025

Program accomplishments

  • Guests visit and learn from the artifacts and research.
    Expenses $155,830 · revenue $204,960
  • Educate the public on the history and science of the railroad.
    Expenses $105,125
  • Speaker series on historic topics
    revenue $3,584

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
56-1537564
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
1980
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$390,116
Income (IRS master file)
$389,340

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$341,845$324,455$390,116XML
990March 2024$335,734$309,919$372,611XML
990March 2023$254,631$222,183$346,796XML
990March 2022$269,852$188,455$314,348IRS

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 56-1537564).

Questions about WILMINGTON RAILROAD MUSEUM FOUNDATION INC

What is the EIN of WILMINGTON RAILROAD MUSEUM FOUNDATION INC?
The employer identification number (EIN) of WILMINGTON RAILROAD MUSEUM FOUNDATION INC is 56-1537564.
Is WILMINGTON RAILROAD MUSEUM FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to WILMINGTON RAILROAD MUSEUM FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WILMINGTON RAILROAD MUSEUM FOUNDATION 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 WILMINGTON RAILROAD MUSEUM FOUNDATION INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WILMINGTON RAILROAD MUSEUM FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of WILMINGTON RAILROAD MUSEUM FOUNDATION INC?
The 990 for the year ended March 31, 2025 names Holli Saperstein.
Who are the officers and directors of WILMINGTON RAILROAD MUSEUM FOUNDATION INC?
The 990 for the year ended March 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $63,500 (Holli Saperstein, Executive Director).
How much revenue does WILMINGTON RAILROAD MUSEUM FOUNDATION INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $341,845, expenses of $324,455 and total assets of $390,116 at year end.

Other nonprofits in WILMINGTON

All nonprofits in WILMINGTON · North Carolina · Arts, culture and humanities