Lake Superior Railroad Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 541,102 | 428,883 | 112,219 | 16.1 | 25% |
| 2012 | 617,258 | 534,785 | 82,473 | 14.8 | 20% |
| 2013 | 430,400 | 507,235 | −76,835 | 13.7 | 26% |
| 2014 | 456,134 | 442,118 | 14,016 | 16.2 | 30% |
| 2015 | 606,119 | 572,127 | 33,992 | 13.2 | 35% |
| 2016 | 742,349 | 813,801 | −71,452 | 8.2 | 25% |
| 2017 | 802,308 | 837,519 | −35,211 | 7.5 | 23% |
| 2018 | 1,095,383 | 1,042,047 | 53,336 | 6.6 | 17% |
| 2019 | 921,650 | 896,066 | 25,584 | 8.1 | 29% |
| 2020 | 757,530 | 689,732 | 67,798 | 11.6 | 28% |
| 2021 | 1,322,754 | 929,697 | 393,057 | 13.7 | 29% |
| 2022 | 1,334,219 | 1,139,207 | 195,012 | 13.2 | 22% |
| 2023 | 1,495,323 | 1,392,432 | 102,891 | 11.7 | 19% |
In its most recent public year (2023), this organization brought in $102,891 more than it spent. Its reserves stood at about 11.7 months of spending, down from 16.1 in 2011. Staff pay was 19% of spending. $425,901 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lake Superior Railroad Museum's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works