SCOTTSDALE RAILROAD & MECHANICAL SOCIETY

EIN: 860727677 501(c)(3) Arts, Culture & Humanities

SCOTTSDALE, AZ

Total Revenue
$1,885,432
Total Expenses
$658,868
Total Assets
$5,945,387
Net Assets
$5,945,387
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
AZ
Principal Officer
WILLIAM SCARBROUGH
Phone
4803128501
Tax Period
2024-01-01 to 2024-12-31

SCOTTSDALE RAILROAD & MECHANICAL SOCIETY, founded in 1992, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 65% operating margin.

Mission

THE SOCIETY PROVIDES FINANCIAL AND TECHNICAL ASSISTANCE TO THE MCCORMICK STILLMAN RAILROAD PARK IN SCOTTSDALE, AZ FOR THE ENHANCEMENT AND THE ENJOYMENT OF THE PARK BY CHILDREN, THEIR FAMILIES AND RAILROAD ENTHUSIASTS.

Program Service Accomplishments

Program 1
Expenses: $644,582

DURING THE 2024 CALENDAR YEAR, THE SOCIETY CONTINUED TO SUPPORT THE PROMOTION OF THE MCCORMICK STILLMAN RAILROAD PARK IN SCOTTSDALE AZ THROUGH FINANCIAL AID AND VOLUNTEERS.THE SOCIETY CONTINUES TO...

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DURING THE 2024 CALENDAR YEAR, THE SOCIETY CONTINUED TO SUPPORT THE PROMOTION OF THE MCCORMICK STILLMAN RAILROAD PARK IN SCOTTSDALE AZ THROUGH FINANCIAL AID AND VOLUNTEERS.THE SOCIETY CONTINUES TO FUND VARIOUS UPGRADE, OPERATIONAL AND REPAIR EXEPNSESRELATED TO THE MODEL RAILROAD BUILDING FOR THE CITY AND THE MODEL RAILROAD CLUBS.THE SOCIETY CONTINUES TO LOAN PIECES OF THE DORFMAN ESTATE MINIATURE COLLECTION ANDTALL SHIPS FOR DISPLAY IN THE MODEL RAILROAD BUILDING. THE SOCIETY CONTINUES TO ASSIST MODEL RAILROAD CLUBS HOUSED IN THE MODEL RAILROADBUILDING BY FUNDING TRAIN REPAIR AND REPLACEMENT GRANTS FOR $3,000 PER YEAR PER CLUB, FIVE CLUBS IN 2024.THE SOCIETY CONTINUES TO COVER THE COST OF THE ENTRANCE FEE TO THE MODEL RAILROADBUIDLING BY COVERING THE CITY EMPLOYEE STAFFING COSTS. THIS ALLOWS THE PUBLIC TOENJOY THE BUILDING AND ITS AMENITIES AT NO CHARGE.THE SOCIETY CONTINUES TO BE A MAJOR SPONSOR AND SUPPORTER THE 4TH OF JULY FIREWORKS AT THE PARK, SUMMER CONCERT SERIES, RAILFAIR, SPECIAL CHILDREN'S EVENTS, HALLOWEEN, HOLIDAY LIGHTS AND MEMBERS NIGHT.THE SOCIETY CONTINUES TO ASSIST WITH THE COST OF VARIOUS UPGRADES, REPAIRS ANDMAINTENANCE TO THE PARK, PARK BUILDINGS AND PARK EQUIPMENT. IN 2024, THE FOLLOWING MAJOR PROJECTS WERE COMPLETED: - ENGINE BOILER RETUBE - REPAINTING OF THE PULLMAN PRESIDENTIAL CAR - NEW WINDOWS AND BLINDS FOR THE PULLMAN PRESIDENTIAL CAR - NEW EDMUNDS FAMILY FOUNDATION RAMADATHE SOCIETY HAS COMMITTED OVER $2 MILLION IN FUNDING FOR THE CONSTRUCTION OF A NEW CHILD INTERACTIVE CLIMBER TO BE GIVEN TO THE CITY OF SCOTTSDALE FOR USE IN THEIR NEW MUTLI-FUNCTIONAL USE ROUNDHOUSE BUILDING ADDED TO THE MASTER PLAN OF THE PARK. THE PROJECT IS CURRENTLY UNDER CONSTRUCTION AND PROJECTED TO BE COMPLETED IN 2025.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,455,485
Program Service Revenue $370,628
Investment Income $58,912
Other Revenue $407
TOTAL REVENUE $1,885,432

Expense Breakdown

Grants Paid $360,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $644,582
Other Expenses $298,868
TOTAL EXPENSES $658,868

Year-over-Year Comparison

2024 2023 Change
Revenue $1,885,432 $919,082 +1.1%
Expenses $658,868 $389,618 +0.7%
Net Income $1,226,564 $529,464 +1.3%
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
13
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB MCNAIR Secretary 0.00
Officer Director
$0 $0 $0
TODD DAVIS EXEC DIRECTOR 0.00
Director
$0 $0 $0
MARC MILLER EXEC DIRECTOR 0.00
Director
$0 $0 $0
RUSS MOSSER EXEC DIRECTOR 0.00
Director
$0 $0 $0
SHAREE BROOKHART EXEC DIRECTOR 0.00
Director
$0 $0 $0
JIM BRUNER EXEC DIRECTOR 0.00
Director
$0 $0 $0
CHARLES STILLMAN BOARD MEMBER 0.00
Director
$0 $0 $0
ERIC B DAMKO Past Chairman 0.00
Officer Director
$0 $0 $0
WILLIAM SCARBROUGH Chairman 0.00
Officer Director
$0 $0 $0
RACHEL COOPER TREASURER 0.00
Officer Director
$0 $0 $0
JOSH WEISS EXEC DIRECTOR 0.00
Director
$0 $0 $0
DALLAS DIXON EXEC DIRECTOR 0.00
Director
$0 $0 $0
PRESCOTT SMITH Vice Chairman 0.00
Officer 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
2025 No data No data No data No data
2024 $1,885,432 $658,868 $5,945,387 $1,226,564
2023 $919,082 $389,618 $4,575,217 $529,464
2022 $595,994 $1,310,604 $3,908,401 $-714,610
2021 $470,724 $304,030 $4,925,970 $166,694
2020 $376,679 $152,023 $4,558,611 $224,656
2019 $446,680 $195,115 $4,201,969 $251,565
2018 $472,023 $243,007 $3,787,172 $229,016
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