WESTERN MICHIGAN SOCIETY FOR INDUSTRIAL HERITAGE

EIN: 383615829 501(c)(3) Arts, Culture & Humanities

COOPERSVILLE, MI

Total Revenue
$552,267
Total Expenses
$385,414
Total Assets
$237,909
Net Assets
$219,990
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MI
Principal Officer
THOMAS J BYLE
Phone
6169977000
Tax Period
2024-01-01 to 2024-12-31

WESTERN MICHIGAN SOCIETY FOR INDUSTRIAL HERITAGE, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $552K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $167K, a strong 30% operating margin.

Mission

TO PRESERVE, MAINTAIN, AND RESTORE HISTORIC RAILROAD EQUIPMENT TO PROVIDE LIVING-HISTORY TRAIN RIDES FOR PASSENGERS ABOARD THE HISTORIC RAILROAD EQUIPMENT.

Program Service Accomplishments

Program 1
Expenses: $15,447 Revenue: $291,709

THE SANTA TRAIN - ALL ABOARD THE SANTA TRAIN! OUR VINTAGE TRAIN HAS A SPECIAL SEAT RESERVED JUST FOR SANTA AND HIS ELVES AND ALL THE KIDS GET TO MEET HIM AND RECEIVA A SPECIAL GIFE FROM HIM. THIS IS...

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THE SANTA TRAIN - ALL ABOARD THE SANTA TRAIN! OUR VINTAGE TRAIN HAS A SPECIAL SEAT RESERVED JUST FOR SANTA AND HIS ELVES AND ALL THE KIDS GET TO MEET HIM AND RECEIVA A SPECIAL GIFE FROM HIM. THIS IS ONE OF OUR MOST POLULAR RIDES AND YOU WON'T WANT TO MISS THIS OPPORTUNITY TO MEET SANTA AND TAKE PICTURES!

Program 2
Expenses: $5,288 Revenue: $102,055

THE PUMPKIN TRAIN - A WEST MICHIGAN FAMILY FALL TRADITION! ALWAYS A HIT WITH BOTH CHILDREN AND ADULTS, THE PUMPKIN TRAIL SELLS OUT QUICKLY SO GET YOUR TICKETS EARLY. WE ENCOURAGE THE KIDS (AND...

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THE PUMPKIN TRAIN - A WEST MICHIGAN FAMILY FALL TRADITION! ALWAYS A HIT WITH BOTH CHILDREN AND ADULTS, THE PUMPKIN TRAIL SELLS OUT QUICKLY SO GET YOUR TICKETS EARLY. WE ENCOURAGE THE KIDS (AND PARENTS) TO WEAR THEIR HALLOWEEN COSTUMES FOR SOME EXTRA FUN. THE FAMOUS PUMPKIN AND GOOFY SIDEKICKS WILL ENTERTAIN YOU WITH THEIR CRAZY ANTICS AND EACH CHILD MAY CHOSE A PUMPKIN FROM OUR PUMPKIN PATCH AT THE END OF THEIR RIDE.

Program 3
Expenses: $5,403 Revenue: $28,600

MURDER MYSTERY TRAIN: AN EVENING OF FUN AWAITS ALL WOULD-BE SLEUTHS AS THE CAST FROM LIONHEART PRODUCTIONS HAS YOU DUST OFF YOUR POODLE SKIRTS, BOBBY SOCKS AND LETTER SWEATERS, AND COME DRESSED FOR...

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MURDER MYSTERY TRAIN: AN EVENING OF FUN AWAITS ALL WOULD-BE SLEUTHS AS THE CAST FROM LIONHEART PRODUCTIONS HAS YOU DUST OFF YOUR POODLE SKIRTS, BOBBY SOCKS AND LETTER SWEATERS, AND COME DRESSED FOR FUN, AS 2024'S MURDER MYSTERY THEME IS SET IN THE 1950'S!!!PRESENTED THROUGH MULTIPLE COACHES SIMULTANEOUSLY, DIFFERENT MEMBERS OF THE CAST WILL REVEAL HINTS SO THAT YOU CAN IDENTIFY "WHO DONE IT".

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $552,267
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $552,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,770
Fundraising Expenses $27,577
Program Expenses $262,483
Other Expenses $321,644
TOTAL EXPENSES $385,414

Year-over-Year Comparison

2024 2023 Change
Revenue $552,267 $492,475 +0.1%
Expenses $385,414 $451,591 -0.1%
Net Income $166,853 $40,884 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
32

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSS OSTERHART DIRECTOR 10.00
Director
$0 $0 $0
JIM BUDZYNSKI DIRECTOR 10.00
Director
$0 $0 $0
PHILIP COK PRESIDENT 20.00
Officer
$0 $0 $0
JEFF DUPILKA DIRECTOR 10.00
Officer
$0 $0 $0
TOM BYLE SECRETARY/TREASURER 30.00
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 $552,267 $385,414 $237,909 $166,853
2023 $492,475 $451,591 $60,819 $40,884
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