MISSISSIPPI COAST MODEL RAILROAD MUSEUM

EIN: 471518284 501(c)(3) Arts, Culture & Humanities

GULFPORT, MS

Total Revenue
$1,074,294
Total Expenses
$1,788,654
Total Assets
$7,524,057
Net Assets
$7,445,104
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MS
Principal Officer
MEREDITH HORN
Phone
2282845731
Tax Period
2024-01-01 to 2024-12-31

MISSISSIPPI COAST MODEL RAILROAD MUSEUM, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 66% operating deficit.

Mission

THE ORGANIZATION ENCOURAGES CHILDREN AND ADULTS ALIKE TO EXPLORE AND LEARN IN A FUN ENVIRONMENT, TO INSTILL THE LOVE OF SCIENCE, OF OPERATING, BUILDING AND PLAYING WITH MODEL TRAINS. THIS IS ACCOMPLISHED THROUGH ADMISSION TO THE MUSEUM, FIELD TRIPS, STEAM PROGRAMMING, AND EVENTS.

Program Service Accomplishments

Program 1
Expenses: $1,178,897 Revenue: $595,618

THE MUSEUM OFFERS A VIBRANT AND ENGAGING ENVIRONMENT WHERE CHILDREN AND ADULTS ALIKE CAN EXPLORE THE CAPTIVATING HISTORY OF RAILROADS AND THE INTRICATE WORLD OF MODEL RAILROADING. THROUGH HANDS-ON...

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THE MUSEUM OFFERS A VIBRANT AND ENGAGING ENVIRONMENT WHERE CHILDREN AND ADULTS ALIKE CAN EXPLORE THE CAPTIVATING HISTORY OF RAILROADS AND THE INTRICATE WORLD OF MODEL RAILROADING. THROUGH HANDS-ON EXHIBITS, INTERACTIVE DISPLAYS, AND STORYTELLING, VISITORS OF ALL AGES ARE INVITED TO DISCOVER HOW TRAINS HAVE SHAPED COMMUNITIES, COMMERCE, AND CULTURE. BY BLENDING EDUCATION WITH ENTERTAINMENT, THE MUSEUM FOSTERS A LOVE OF LEARNING AND ENCOURAGES FAMILIES TO CONNECT ACROSS GENERATIONS THROUGH SHARED EXPERIENCES AND CURIOSITY ABOUT TRANSPORTATION HISTORY.

Program 2
Expenses: $149,946 Revenue: $75,758

COMMITTED TO INSPIRING THE NEXT GENERATION OF THINKERS AND CREATORS, THE MUSEUM PROVIDES A WIDE RANGE OF EDUCATIONAL PROGRAMS FOCUSED ON SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS...

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COMMITTED TO INSPIRING THE NEXT GENERATION OF THINKERS AND CREATORS, THE MUSEUM PROVIDES A WIDE RANGE OF EDUCATIONAL PROGRAMS FOCUSED ON SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS (STEAM). THESE OFFERINGS INCLUDE EARLY CHILDHOOD LEARNING EXPERIENCES, FIELD TRIPS FOR PREK-12 STUDENTS, AND IMMERSIVE SEASONAL CAMPS THAT PROMOTE CRITICAL THINKING AND CREATIVITY. BY INTEGRATING MODEL RAILROADING INTO STEAM EDUCATION, THE MUSEUM CREATES A UNIQUE PLATFORM FOR STUDENTS TO ENGAGE WITH REAL-WORLD CONCEPTS IN A FUN AND MEANINGFUL WAY, SPARKING INTEREST IN FUTURE CAREERS AND LIFELONG LEARNING.

Program 3
Expenses: $174,653 Revenue: $88,240

THROUGHOUT THE YEAR, THE MUSEUM HOSTS A VARIETY OF SEASONAL AND HOLIDAY-THEMED EVENTS THAT BRING THE COMMUNITY TOGETHER TO CELEBRATE, CONNECT, AND LEARN. THESE GATHERINGS, RANGING FROM FESTIVE TRAIN...

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THROUGHOUT THE YEAR, THE MUSEUM HOSTS A VARIETY OF SEASONAL AND HOLIDAY-THEMED EVENTS THAT BRING THE COMMUNITY TOGETHER TO CELEBRATE, CONNECT, AND LEARN. THESE GATHERINGS, RANGING FROM FESTIVE TRAIN DISPLAYS TO INTERACTIVE WORKSHOPS AND STORYTELLING SESSIONS, OFFER ENRICHING EXPERIENCES THAT HIGHLIGHT THE ARTISTRY AND ENGINEERING BEHIND MODEL RAILROADS. BY CREATING JOYFUL AND EDUCATIONAL MOMENTS FOR FAMILIES AND INDIVIDUALS, THE MUSEUM STRENGTHENS COMMUNITY BONDS AND FOSTERS A SHARED APPRECIATION FOR HISTORY, CREATIVITY, AND THE SPIRIT OF EXPLORATION.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $289,693
Program Service Revenue $746,826
Investment Income $0
Other Revenue $37,775
TOTAL REVENUE $1,074,294

Expense Breakdown

Grants Paid $350
Salaries & Benefits $630,715
Fundraising Expenses $52,977
Program Expenses $1,503,496
Other Expenses $1,157,589
TOTAL EXPENSES $1,788,654

Year-over-Year Comparison

2024 2023 Change
Revenue $1,074,294 $7,749,228 -0.9%
Expenses $1,788,654 $1,663,148 +0.1%
Net Income $-714,360 $6,086,080 -1.1%
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
10
Employees
41
Volunteers
72

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
6
$90,385
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN MUELLER PRESIDENT 1.00
Officer Director
$0 $0 $0
ALAN LOVELACE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MOISES ESPINAL TREASURER 1.00
Officer Director
$0 $0 $0
SARAH DUFFEY SECRETARY 1.00
Officer Director
$0 $0 $0
BEN PUCKETT JR BOARD MEMBER 1.00
Director
$0 $0 $0
CARLA EVERS BOARD MEMBER 1.00
Director
$0 $0 $0
CHEVIS SWETMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL VERDON BOARD MEMBER 1.00
Director
$0 $0 $0
LEAH WATTERS BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN BUTTERFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
RON ROLAND BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT SCHEFFY BOARD MEMBER 1.00
Director
$0 $0 $0
STENNIS TODD BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH WESSLER BOARD MEMBER 1.00
Director
$0 $0 $0
MEREDITH HORN EXECUTIVE DIRECTOR 40.00
Officer
$44,231 $0 $44,231
CINDY MINTON-WALKER CEO (FORMER) 40.00
Officer
$46,154 $0 $46,154
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 $1,074,294 $1,788,654 $7,524,057 $-714,360
2023 $7,749,228 $1,663,148 $9,051,634 $6,086,080
2022 $1,573,997 $667,067 $2,002,619 $906,930
2021 $1,078,330 $456,954 $1,098,006 $621,376
2020 $687,135 $423,050 $521,885 $264,085
2019 $348,991 $370,248 $197,231 $-21,257
2018 $252,458 $282,583 $218,488 $-30,125
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