RAILROAD MUSEUM OF NEW ENGLAND INC

EIN: 237229704 501(c)(3) Arts, Culture & Humanities

THOMASTON, CT

Total Revenue
$174,685
Total Expenses
$197,933
Total Assets
$2,635,459
Net Assets
$2,464,881
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
CT
Principal Officer
STEWART CROUSE
Phone
8602837245
Tax Period
2024-01-01 to 2024-12-31

RAILROAD MUSEUM OF NEW ENGLAND INC, founded in 1968, is a small nonprofit in the Arts, Culture & Humanities sector that reported $175K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $198K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE RAILROAD MUSEUM OF NEW ENGLAND, INC. IS AN EDUCATIONAL AND HISTORICAL ORGANIZATION. IT IS DEDICATED TO EDUCATING THE PUBLIC ABOUT NEW ENGLAND'S RICH RAILROAD HERTIAGE BY PRESERVING AND RESTORING RAILROAD ARTIFACTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $134,581
Program Service Revenue $39,221
Investment Income $9,578
Other Revenue $-8,695
TOTAL REVENUE $174,685

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $167,537
Other Expenses $197,933
TOTAL EXPENSES $197,933

Year-over-Year Comparison

2024 2023 Change
Revenue $174,685 $161,616 +0.1%
Expenses $197,933 $215,013 -0.1%
Net Income $-23,248 $-53,397 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
7
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$65,300
Total Directors
8
$65,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD PINCUS CHAIRMAN 30.00
Officer Director
$0 $0 $13,020
WILLIAM SAMPLE SECRETARY 30.00
Officer Director
$0 $0 $0
SCOTT ORNSTEIN TRUSTEE 10.00
Director
$0 $0 $0
STEWART CROUSE PRESIDENT 30.00
Officer Director
$0 $0 $0
ORION NEWALL-VUILLEMOT TREASURER 30.00
Officer Director
$0 $0 $52,280
RICH MALLEY TRUSTEE 10.00
Director
$0 $0 $0
RICHARD BINGHAM TRUSTEE 10.00
Director
$0 $0 $0
ANTHONY PRATT TRUSTEE 10.00
Director
$0 $0 $0
CRAIG RENCHY ASSISTANT SECRETARY 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $174,685 $197,933 $2,635,459 $-23,248
2023 $161,616 $215,013 $2,699,374 $-53,397
2022 $441,511 $284,126 $2,830,009 $157,385
2021 $441,240 $313,118 $2,740,775 $128,122
2020 $59,404 $285,128 $2,842,743 $-225,724
2020 $77,951 $262,740 $2,688,819 $-184,789
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RAILROAD MUSEUM OF NEW ENGLAND INC with other nonprofits in Connecticut and across the country.