EIN 87-0694204

Pueblo Railway Museum

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2003
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Foundation operates the Pueblo Railway Museum as part of its mission to preserve, display and operate historic railroad equipment.
Also known as...
Pueblo Railway Foundation
Total revenues
$64,557
2023
Total expenses
$71,434
2023
Total assets
$2,212,231
2023
Num. employees
0
2023

Program areas at Pueblo Railway Museum

The museum operates train rides using one of its three historic GP7 diesel-electric locomotives and its two historic cabooses. Events are regularly scheduled at Easter time, Father's Day, July 4th, Halloween, and at Christmastime. School group tours and private charters are provided throughout the year. Many area residents have never ridden a train or been inside a caboose. Our fares are very low, providing an opportunity for the community to ride and learn about the historic railroad equipment in the museum's collection. Educational handouts are available at these events. Maintenance expenses, diesel fuel, oil, and other expenses are not fully covered by the train ride fares. Generous donations by our members help offset these costs. The Foundation's viewpoint is that the museum is not a tourist railroad but rather an educational opportunity for area residents to learn about and ride in railroad equipment that helped to build the city of Pueblo.
Since 2020, the Foundation has benefited from the good fortune and generosity of one of its members. This member wishes to donate common stock to charity, and has chosen the Pueblo Railway Foundation as the charity. IRS rules state that when stock is donated to a 501(c)3 organization, the donor is not required to pay capital gain tax on the increased value of the stock. The Foundation can then convert this stock to usable funds, also without paying capital gains because of its 501(c)3 status. The donor of the stock has stipulated that the proceeds are to be used to fund security improvements, capital asset purchases, and capital improvement projects which substantially improve the Foundation's operations and overall presence. The bulk of these funds support the Foundation's D Street Station project, which will develop the property surrounding the Foundation's restoration shop on D Street by expanding the railyard and support a future train depot building. This "D Street Station" will become the main entry point for our railfans during the Museum's public events.
The Foundation maintains an office near the museum's collection, from which it coordinates museum activities. A Pueblo County & City of Pueblo Partnership grant provides funds for rent and utilities, allowing the Foundation to allocate remaining income to grounds and equipment maintenance and historic equipment restoration. The museum property includes a five-acre train yard. When desert winds blow, dry weeds and trash accumulate on the property and require constant clean-up. Rails, ties, and switches must be continually inspected, maintained, and periodically replaced to ensure safe and smooth train rides. The diesel locomotives require regular maintenance, and the cabooses need cleaning of their interiors following events. Supplies for all grounds and equipment maintenance are paid from museum funds; the work is accomplished by museum volunteers.

Personnel at Pueblo Railway Museum

NameTitleCompensation
Paul BrownVice President and Executive Director$0
David DandurandFinance Officer$0
Gerald J DandurandPresident$0
Diana ApplegateSecretary$0

Financials for Pueblo Railway Museum

RevenuesFYE 12/2023
Total grants, contributions, etc.$36,912
Program services$27,245
Investment income and dividends$11
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$48
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$100
Miscellaneous revenues$241
Total revenues$64,557

Form 990s for Pueblo Railway Museum

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-13990View PDF
2022-122023-03-04990View PDF
2021-122022-03-07990View PDF
2020-122021-05-24990View PDF
2019-122021-04-15990View PDF
...and 9 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 30, 2021
Updated personnel
Identified 4 new personnel
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
301 W B St Suite 100
Pueblo, CO 81003
Metro area
Pueblo, CO
County
Pueblo County, CO
Website URL
pueblorailway.org/ 
Phone
(719) 544-1773
IRS details
EIN
87-0694204
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A50: Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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