Nonprofit · EIN 62-0676701
TENNESSEE VALLEY RAILROAD MUSEUM INC
Tax-exempt · CHATTANOOGA, TN 37422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,937,912 | $8,822,473 | $115,439 | $19,163,890 | $8,739,149 | $10,424,741 |
| December 31, 2023 | 990 | $9,318,568 | $8,094,799 | $1,223,769 | $16,989,801 | $6,716,542 | $10,273,259 |
| December 31, 2021 | 990 | $7,255,155 | $5,770,324 | $1,484,831 | $15,665,683 | $7,397,395 | $8,268,288 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $967,989
- Membership dues
- $42,991
- Program service revenue
- $5,548,082
- Investment income
- $969,633
- Net rental income
- $516,526
- Net gain from sales of assets
- -$7,500
- Net income from sales of inventory
- $49,594
- Other revenue
- $1,452,208
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,358,871
- Salaries, compensation and benefits (total)
- $1,968,368
- Professional fundraising fees
- $0
- Legal fees
- $307,320
- Occupancy
- $149,922
- Depreciation
- $616,359
- Program services (functional)
- $7,734,764
- Management and general (functional)
- $1,087,709
Balance sheet and other
- Total assets, start of year
- $16,989,801
- Total assets, end of year
- $19,163,890
- Total liabilities, end of year
- $8,739,149
- Net assets, end of year
- $10,424,741
- Land, buildings and equipment
- $13,775,932
- Net assets without donor restrictions
- $10,424,741
- Gross unrelated business income
- $762,873
- Gross receipts
- $9,886,804
- Employees
- 242
- Volunteers
- 17
- Year formed
- 1961
- State of legal domicile
- TN
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TIM ANDREWS | PRESIDENT Trustee or director, Officer | 15 | $0 | $13,250 |
| ANDY HENDEE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BETSY MCCALL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SUSAN HARRIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WILLIAM SCHAFER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| G MARK RAY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ALAN MAPLES | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOHN FRIEDMANN | DIRECTOR Trustee or director | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TIM ANDREWS | PRESIDENT Trustee or director, Officer | 15 | $0 | $13,000 |
| ANDY HENDEE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BETSY MCCALL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SUSAN HARRIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WILLIAM SCHAFER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| G MARK RAY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ALAN MAPLES | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
990 for the year ended December 31, 2021: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TIM ANDREWS | PRESIDENT Trustee or director, Officer | 15 | $0 | $13,000 |
| L JAMES MILLER III | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ANDY HENDEE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SUSAN HARRIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BETSEY MCCALL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ALAN MAPLES | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WILLIAM SCHAFER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| G MARK RAY | DIRECTOR Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 22005, CHATTANOOGA, TN 37422-2005
- Principal officer (990 for 2024)
- TIM ANDREWS, 4119 CROMWELL ROAD, CHATTANOOGA, TN 37421
- Signed the 990
- TIM ANDREWS, PRESIDENT
- Phone
- (423) 413-4331
- Website
- HTTP://WWW.TVRAIL.COM/
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
TO PRESERVE RAILROAD HERITAGE AND TO INCREASE THE PUBLIC'S AWARENESS OF THE HISTORICAL SIGNIFICANCE OF RAILROADS IN THE TENNESSEE VALLEY.
Program accomplishments
- MUSEUM OPERATIONS - GENERAL OPERATION OF A RAILROAD MUSEUM, INCLUDING EXHIBITS, TRAIN EXCURSIONS, RESTORATION OF RAILROAD EQUIPMENT, ETC.Expenses $7,734,764 · revenue $6,229,917
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-0676701
- 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
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $19,163,890
- Income (IRS master file)
- $9,886,804
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,937,912 | $8,822,473 | $19,163,890 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $9,318,568 | $8,094,799 | $16,989,801 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $7,826,989 | $6,930,745 | $16,477,731 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | $7,255,155 | $5,770,324 | $15,665,683 | XML |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 62-0676701).
Questions about TENNESSEE VALLEY RAILROAD MUSEUM INC
- What is the EIN of TENNESSEE VALLEY RAILROAD MUSEUM INC?
- The employer identification number (EIN) of TENNESSEE VALLEY RAILROAD MUSEUM INC is 62-0676701.
- Is TENNESSEE VALLEY RAILROAD MUSEUM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to TENNESSEE VALLEY RAILROAD MUSEUM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TENNESSEE VALLEY 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 TENNESSEE VALLEY 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 TENNESSEE VALLEY 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 TENNESSEE VALLEY RAILROAD MUSEUM INC?
- The 990 for the year ended December 31, 2024 names TIM ANDREWS.
- Who are the officers and directors of TENNESSEE VALLEY RAILROAD MUSEUM INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does TENNESSEE VALLEY RAILROAD MUSEUM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,937,912, expenses of $8,822,473 and total assets of $19,163,890 at year end.
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All nonprofits in CHATTANOOGA · Tennessee · Arts, culture and humanities