MUSEUM OF THE AMERICAN RAILROAD

EIN: 756036999 501(c)(3) Arts, Culture & Humanities

FRISCO, TX

Total Revenue
$438,959
Total Expenses
$522,393
Total Assets
$5,368,440
Net Assets
$5,247,843
🔒

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
1962
Legal Domicile
TX
Principal Officer
BOB LAPRELLE
Phone
2144280101
Tax Period
2023-01-01 to 2023-12-31

MUSEUM OF THE AMERICAN RAILROAD, founded in 1962, is a small nonprofit in the Arts, Culture & Humanities sector that reported $439K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $522K exceeded revenue, resulting in a 19% operating deficit.

Mission

Operation of Historic Railroad Museum and Presentation of Educational Programs.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $81,135
Program Service Revenue $216,651
Investment Income $6,707
Other Revenue $134,466
TOTAL REVENUE $438,959

Expense Breakdown

Grants Paid $0
Salaries & Benefits $292,003
Fundraising Expenses $89,819
Program Expenses $352,659
Other Expenses $230,390
TOTAL EXPENSES $522,393

Year-over-Year Comparison

2023 2022 Change
Revenue $438,959 $735,295 -0.4%
Expenses $522,393 $489,596 +0.1%
Net Income $-83,434 $245,699 -1.3%
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
15
Independent Members
13
Employees
12
Volunteers
33

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
$88,480
Total Directors
15
$158,480
Key Employees
3
$209,280
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT H LAPRELLE CEO 50
Officer Director Key Emp Highest
$88,480 $0 $88,480
KELLIE V MURPHY COO/Trustee 40
Director Key Emp
$70,000 $0 $70,000
JOHN W GARBUTT Director of Programs & Services 40
Key Emp
$50,800 $0 $50,800
William Blaylock Chair 4
Officer Director
$0 $0 $0
William D Gibson Vice Chair 3
Officer Director
$0 $0 $0
Gary P Carley Treasurer 3
Officer Director
$0 $0 $0
Carmen Ramirez Secretary 2
Officer Director
$0 $0 $0
Eric D Aimes Sr Trustee 2
Director
$0 $0 $0
Fred Backus Trustee 2
Director
$0 $0 $0
Lisa Bethea Trustee 2
Director
$0 $0 $0
John Hoxie Trustee 2
Director
$0 $0 $0
Dono Pelham Trustee 2
Director
$0 $0 $0
Michael J Raftery Trustee 2
Director
$0 $0 $0
Will Russell Trustee 2
Director
$0 $0 $0
E Michael Simpson Trustee 2
Director
$0 $0 $0
Robert Willis Trustee 2
Director
$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 No data No data No data No data
2023 $438,959 $522,393 $5,368,440 $-83,434
2022 $735,295 $489,596 $5,422,474 $245,699
2021 $1,894,971 $619,775 $5,171,260 $1,275,196
2020 $191,437 $388,961 $3,816,680 $-197,524
2019 $324,736 $463,650 $4,016,096 $-138,914
2018 $1,088,283 $443,673 $4,157,952 $644,610
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MUSEUM OF THE AMERICAN RAILROAD with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.