CENTER FOR RAILROAD PHOTOGRAPHY AND ART INC

EIN: 391917972 501(c)(3) Arts, Culture & Humanities

MADISON, WI

Total Revenue
$894,659
Total Expenses
$952,603
Total Assets
$476,458
Net Assets
$392,581
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
WI
Principal Officer
SCOTT LOTHES
Phone
6082515785
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR RAILROAD PHOTOGRAPHY AND ART INC, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $895K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PRESERVE AND PRESENT SIGNIFICANT IMAGES OF RAILROADING, INTERPRETING THEM IN PRINT, EXHIBITIONS, AND ON THE INTERNET.

Program Service Accomplishments

Program 1
Expenses: $114,870 Revenue: $35,630

PUBLICATIONSTHE CENTER PUBLISHES A QUARTERLY JOURNAL, RAILROAD HERITAGE, THAT USES PHOTOGRAPHS AND ART TO INFORM THE PUBLIC ABOUT THE RAILROAD'S INFLUENCE ON ECONOMIC GROWTH AND DEVELOPMENT, POPULAR...

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PUBLICATIONSTHE CENTER PUBLISHES A QUARTERLY JOURNAL, RAILROAD HERITAGE, THAT USES PHOTOGRAPHS AND ART TO INFORM THE PUBLIC ABOUT THE RAILROAD'S INFLUENCE ON ECONOMIC GROWTH AND DEVELOPMENT, POPULAR CULTURE, AND THE LIVES OF THE HUNDREDS OF THOUSANDS OF MEN AND WOMEN WHO BUILT, OPERATE, AND MAINTAIN RAILROADS IN NORTH AMERICA AND BEYOND. BOOKS ADD TO THIS MESSAGE AND THE CENTER CONTINUES TO PUBLISH ONE EACH YEAR. THE TITLE FOR 2023 IS RIO GRANDE STEAM FINALE: NARROW GAUGE RAILROAD PHOTOGRAPHY IN COLORADO AND NEW MEXICO. IT DRAWS FROM PHOTOGRAPHY IN MANY OF THE CENTER'S COLLECTIONS TO SHOWCASE THE TECHNOLOGY, LANDSCAPES, AND PEOPLE OF THE DENVER & RIO GRANDE WESTERN RAILROAD'S NARROW-GAUGE LINES IN COLORADO AND NEW MEXICO IN THE 1950S AND 1960S. THESE LINES TOOK ON A LARGER-THAN-LIFE MYSTIQUE FOR THEIR REMOTENESS AND SPECTACULAR LOCATIONS, AND ALSO AS ONE OF THE LAST BASTIONS OF STEAM-ERA RAILROAD. THEY DREW PHOTOGRAPHERS FROM ALL OVER THE COUNTRY, AND THEY REMAIN HIGHLY POPULAR TODAY. RELEASED ON OCTOBER 1, 2023, IT HAS ENJOYED THE STRONGEST SALES PERFORMANCE OF ANY CENTER PUBLISHED BOOK TO DATE.

Program 2
Expenses: $413,109 Revenue: $5,625

COLLECTIONSTHE CENTER MAINTAINS AN ARCHIVE OF MORE THAN 500,000 PHOTOGRAPHS, PAINTINGS, DRAWINGS, AND PRINTS; ITS STAFF MEMBERS PERFORM ARCHIVAL PROCESSING OF THIS COLLECTION INTO ARCHIVAL-SAFE...

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COLLECTIONSTHE CENTER MAINTAINS AN ARCHIVE OF MORE THAN 500,000 PHOTOGRAPHS, PAINTINGS, DRAWINGS, AND PRINTS; ITS STAFF MEMBERS PERFORM ARCHIVAL PROCESSING OF THIS COLLECTION INTO ARCHIVAL-SAFE STORAGE MATERIALS. ANTICIPATED ADDITIONS IN 2024 AND BEYOND WILL PUSH THE TOTAL NUMBER OF IMAGES ABOVE 1,000,000. THE CENTER DIGITIZES MANY OF THE IMAGES AS WELL AS THEIR ASSOCIATED METADATA, SHARING THEM THROUGH ITS WEBSITE, SOCIAL MEDIA CHANNELS, AND PUBLICATIONS, WHILE MAKING THEM AVAILABLE TO RESEARCHERS, AUTHORS, AND OTHER USERS. GROWTH OF THE COLLECTION HAS LED TO A SUBSTANTIAL INCREASE IN IMAGE USAGE REQUESTS, AND IMAGES FROM THE CENTER'S ARCHIVE NOW APPEAR FREQUENTLY IN BOOKS AND MAGAZINES BY OTHER PUBLISHERS AND AUTHORS. ONE EXAMPLE IS THE "ARCHIVES TREASURE" FEATURE THAT APPEARS IN EACH ISSUE OF CLASSIC TRAINS MAGAZINE AND SPOTLIGHTS A PHOTOGRAPHER IN THE CENTER'S ARCHIVE. THE CENTER'S COLLECTION IS NOT RECORDED ON THE ORGANIZATION'S FINANCIAL STATEMENTS.COLLECTION PRIORITIES IN 2023 INCLUDED THE ONGOING PROCESSING OF SEVERAL LARGE AND SIGNIFICANT COLLECTIONS. THE RICHARD STEINHEIMER AND SHIRLEY BURMAN COLLECTION WAS AUGMENTED BY A SECOND BATCH OF MATERIALS THAT ARRIVED IN DECEMBER 2023, JOINING THE FIRST BATCH FROM JUNE 2022. THE CENTER'S COLLECTION HOLDINGS NOW CONTAIN MORE THAN 40,000 SLIDES, PRINTS, AND NEGATIVES, ALONG WITH WRITINGS AND CORRESPONDENCE. WORK ALSO CONTINUES ON THE HENRY POSNER III COLLECTION, WITH APPROXIMATELY 40,000 IMAGES, THE JIM SHAUGHNESSY COLLECTION, ESTIMATED AT MORE THAN 60,000 IMAGES, AND THE JOHN GRUBER COLLECTION, WITH MORE THAN 100,000 IMAGES. THE CENTER ALSO ACCESSIONED SEVERAL DOZEN PAINTINGS, DRAWINGS, AND ART PRINTS IN 2023.

Program 3
Expenses: $97,141 Revenue: $41,938

CONFERENCESTHE CENTER HOSTS AN ANNUAL CONFERENCE NEAR CHICAGO AND SOMETIMES ANOTHER REGIONAL CONFERENCE IN A DIFFERENT CITY FEATURING PRESENTATIONS ABOUT RAILROAD PHOTOGRAPHY AND ART. THE EVENTS GIVE...

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CONFERENCESTHE CENTER HOSTS AN ANNUAL CONFERENCE NEAR CHICAGO AND SOMETIMES ANOTHER REGIONAL CONFERENCE IN A DIFFERENT CITY FEATURING PRESENTATIONS ABOUT RAILROAD PHOTOGRAPHY AND ART. THE EVENTS GIVE PHOTOGRAPHERS AND RESEARCHERS THE OPPORTUNITY TO NETWORK AND EXCHANGE IDEAS THROUGH PROGRAMMING AND SOCIAL ACTIVITIES. ATTENDEES COME FROM ALL OVER THE UNITED STATES AND SEVERAL OTHER COUNTRIES. THE 2023 CONFERENCE SOLD OUT WITH 170 ATTENDEES IN LESS THAN TWO MONTHS; A MOVE TO A LARGER AUDITORIUM FOR THE 2024 CONFERENCE EXPANDED CAPACITY TO 192 ATTENDEES WHICH ALSO SOLD OUT IN TWO MONTHS. THE CENTER HOSTED ITS FIRST ONLINE PROGRAM IN 2020 AND NOW MANAGES A MONTHLY SERIES OF ONLINE PRESENTATIONS THAT APPEAR LIVE VIA ZOOM AND ARE THEN RECORDED AND POSTED TO YOUTUBE FOR LATER VIEWING. ATTENDANCE ON ZOOM RANGES FROM 100 TO 400 ATTENDEES, WHILE SEVERAL OF THE YOUTUBE RECORDS HAVE RECEIVED THOUSANDS OF VIEWS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $792,685
Program Service Revenue $61,829
Investment Income $4,515
Other Revenue $35,630
TOTAL REVENUE $894,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $617,989
Fundraising Expenses $109,754
Program Expenses $704,816
Other Expenses $334,614
TOTAL EXPENSES $952,603

Year-over-Year Comparison

2023 2022 Change
Revenue $894,659 $791,126 +0.1%
Expenses $952,603 $860,686 +0.1%
Net Income $-57,944 $-69,560 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
10
Volunteers
56

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
$88,002
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BROUWS DIRECTOR 5.00
Director
$0 $0 $0
NORMAN CARLSON DIRECTOR 1.00
Director
$0 $0 $0
T BONDURANT FRENCH CHAIRMAN OF THE BOARD 5.00
Officer Director
$0 $0 $0
TODD HAMALKA DIRECTOR 1.00
Director
$0 $0 $0
NONA HILL TREASURER 2.00
Officer Director
$0 $0 $0
DAVID KAHLER VICE-CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN P KEEFE DIRECTOR 1.00
Director
$0 $0 $0
ALBERT O LOUER DIRECTOR 1.00
Director
$0 $0 $0
PETER JC MOSSE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SCHMIDT SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD TOWER DIRECTOR 1.00
Director
$0 $0 $0
RONALD BATORY DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN FRANZ DIRECTOR 1.00
Director
$0 $0 $0
BETSY FAHLMAN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT LOTHES EXEC. DIRECTOR/PRESIDENT 50.00
Officer
$88,002 $0 $88,002
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 No data No data No data No data
2023 $894,659 $952,603 $476,458 $-57,944
2022 $791,126 $860,686 $538,353 $-69,560
2021 $577,629 $621,012 $610,150 $-43,383
2020 $557,146 $521,186 $601,722 $35,960
2019 $793,261 $541,056 $603,078 $252,205
2018 $519,741 $462,922 $306,529 $56,819
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