2021-06-16T16:37:03-05:00 2020-12-31 450250958 EIDE BAILLY LLP 5299 DTC BLVD STE 1000 GREENWOOD VILLAGE CO 80111 990 2020-01-01 846037753 COLORADO RAILROAD HISTORICAL FOUNDATION INC COLO 3032794591 PO BOX 10 GOLDEN CO 80401 PAUL HAMMOND EXECUTIVE DIRECTOR 3032794591 2021-06-16 1 PAUL HAMMOND 999009999 KYLE FRITCH CPA P01313374 9702238825 2021-06-16 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z COLORADO RAILROAD MUSEUM PAUL HAMMOND PO BOX 10 GOLDEN CO 80401 2289740 0 X WWW.COLORADORAILROADMUSEUM.ORG X 1964 CO ACQUIRE, PRESERVE, AND EXHIBIT LOCOMOTIVES, CARS, ARTIFACTS AND RECORDS PERTAINING TO CO RAILROADS. 12 12 21 386 0 0 791155 812307 2009311 1140688 157022 150404 112335 86257 3069823 2189656 0 0 0 0 860764 850848 0 0 98243 1697408 1163739 2558172 2014587 511651 175069 8924564 8881093 640475 403829 8284089 8477264 X THE MISSION OF THE COLORADO RAILROAD HISTORICAL FOUNDATION, INC. IS TO PRESERVE AND CONVEY THE RICH HISTORY OF RAILROADING IN THE ROCKY MOUNTAIN REGION THROUGH ACQUISITION, RESEARCH, EXHIBITION, AND EDUCATION. 0 0 1300877 616907 THE MUSEUM REPRESENTS RAILROADING HISTORY IN A HANDS-ON AND THREE-DIMENSIONAL FASHION BY PRESERVING AND MAKING ACCESSIBLE IMPORTANT HISTORIC ARTIFACTS, ARTWORK AND DOCUMENTS, AND BY OFFERING OUTSTANDING EDUCATIONAL PROGRAMS TO THE COMMUNITY. THE MUSEUM HAS SYSTEMATICALLY ACQUIRED A COLLECTION OF OVER 100 PIECES OF RAILROAD STOCK, INCLUDING RAIL CARS AND LOCOMOTIVES DATING FROM 1879 TO THE PRESENT, BECOMING ONE OF THE LARGEST ARCHIVES OF RAILROAD PRINT MATERIALS IN THE UNITED STATES. IT IS DEDICATED TO THE COLLECTION, PRESERVATION, RESTORATION, AND CATALOGUING OF ARTIFACTS ASSOCIATED WITH RAILROADING, PARTICULARLY THOSE ASSOCIATED WITH COLORADO AND INTERMOUNTAIN RAILROADING. THE MUSEUM'S RESEARCH LIBRARY IS THE SECOND LARGEST OF ITS KIND, AND LIBRARY VOLUNTEERS ARE RECOGNIZED FOR THEIR IN-DEPTH KNOWLEDGE OF WESTERN RAILROADS AND THEIR LINES. AUTHORS OF ALL GENRES MAY BE FOUND RESEARCHING TIMETABLES, PAYROLL RECORDS AND PHOTOGRAPHS FOR THEIR PROJECTS. THE MUSEUM LIBRARY IS ALSO HOME TO AN EXTENSIVE COLLECTION OF RAILROAD RELATED ART, SOME OF IT PAINTED BY WORLD-FAMOUS ARTISTS, AND DONATED TO THE MUSEUM BY DEDICATED COLLECTORS. THIS COLLECTION IS SOMETIMES LOANED TO OTHER INSTITUTIONS IN COLLABORATIVE EFFORTS. SINCE 1961 THE MUSEUM HAS PUBLISHED OVER 50 SCHOLARLY BOOKS AND PAMPHLETS ON THE RAILROADS OF COLORADO AND THE WEST THAT ARE INTERNATIONALLY RECOGNIZED BY HISTORIANS. THE COLORADO RAILROAD MUSEUM HAS BEEN RANKED AMONG THE TOP 25 DENVER AREA ATTRACTIONS BY DENVER BUSINESS JOURNAL AND AS ONE OF THE TOP TEN PAID ATTRACTIONS BY VISIT DENVER.THE COLORADO RAILROAD MUSEUM HAS A ROBUST RESTORATION PROGRAM. THE IMPORTANCE OF RESTORATION AND MAINTENANCE OF HISTORIC ROLLING STOCK CANNOT BE OVERSTATED. BY ENSURING THAT OUR VISITORS ARE ABLE TO VIEW AND SOMETIMES RIDE PAINSTAKINGLY RESTORED HISTORIC RAILROAD ARTIFACTS, WE ARE ABLE TO BRING HISTORY TO LIFE AND TO INSPIRE OUR GUESTS TO LEARN MORE ABOUT A TRANSFORMATIONAL PERIOD IN THE HISTORY OF OUR STATE AND OUR COUNTRY. TOUR HOSTS ADDRESS THE WAYS IN WHICH RAILROADS CONTRIBUTED TO THE DYNAMIC ECONOMIC, SOCIAL, AND AGRICULTURAL CHANGES IN THE AMERICAN WEST, AND HELPED TRANSFORM COLORADO.IN 2020, THE MUSEUM'S RESTORATION PROGRAM FOCUSED ON THE COMPLETION OF RIO GRANDE SOUTHERN STEAM LOCOMOTIVE NO. 20 (VINTAGE 1899). THIS LONG-RUNNING PROJECT REACHED A TRIUMPHANT MOMENT ON AUGUST 1, WHEN IT RETURNED TO OPERATING SERVICE AFTER A 14 YEAR, $2M+ COMPREHENSIVE OVERHAUL. ANOTHER MAJOR PROJECT WAS THE CONVERSION OF A FORMER COACH INTO A WHEELCHAIR ACCESSIBLE CAR FEATURING INDIVIDUAL TABLES AND MOVABLE SEATING. THIS CAR MAKES IT POSSIBLE FOR GUESTS WITH MOBILITY LIMITATIONS TO RIDE TRAINS IN ALL WEATHER CONDITIONS. 308670 592038 STARTING IN NOVEMBER OF 2014 AND THROUGH THE WINTER HOLIDAY SEASON EACH YEAR, THE STORY OF "THE POLAR EXPRESS" IS RE-CREATED SO VISITORS CAN BE IMMERSED IN THE SIGHTS, SOUNDS AND INTRIGUE OF THE CLASSIC CHILDREN'S TALE. 1609547 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CO X BONNIE PRATER 3032794591 17155 W 44TH AVENUE GOLDEN CO 80403 PAUL HAMMOND EXECUTIVE DIRECTOR 40.00 X 90000 0 7253 DAVID HENSARLING PRESIDENT 2.00 X X 0 0 0 JAMES SMITH VICE PRESIDENT 2.00 X X 0 0 0 TOM RICHARDSON SECRETARY 2.00 X X 0 0 0 MICHAEL MAGLIERI TREASURER (FROM 4/20) 2.00 X X 0 0 0 ED LICHTENFELS TREASURER (THRU 3/20) 2.00 X X 0 0 0 MICHAEL DAVIS TRUSTEE 2.00 X 0 0 0 WILLIAM HENDERSON TRUSTEE 2.00 X 0 0 0 JIM BARTON TRUSTEE 2.00 X 0 0 0 WILLIAM S ROBIE TRUSTEE 2.00 X 0 0 0 ROY JOHNSON TRUSTEE 2.00 X 0 0 0 SHARON MCGEE TRUSTEE 35.00 X 0 0 0 ALAN OLSON TRUSTEE 40.00 X 0 0 0 90000 0 7253 0 0 0 0 0 329884 482423 812307 SPECIAL EXHIBITS 712110 810188 810188 ADMISSIONS 712110 212483 212483 MEMBERSHIPS 712110 102171 102171 15846 15846 1140688 150404 150404 18000 0 18000 18000 18000 168341 100084 68257 68257 2189656 1208945 0 168404 97254 48627 19451 29176 684242 535681 105879 42682 4080 3468 612 65272 50768 10153 4351 74787 8207 54096 12484 11711 4577 7134 82420 64924 9260 8236 107324 53662 53662 94523 86645 7878 2648 2648 600 600 8175 8175 150414 135373 15041 62529 55865 6664 POLAR EXPRESS EXPENSES 308670 308670 THOMAS EVENT EXPENSE 133856 133856 EQUIPMENT EXPENSES 82940 81505 1435 MEALS AND ENTERTAINMENT 17535 17535 25607 16936 7357 1314 2014587 1609547 306797 98243 1334865 1365605 103153 98172 114655 114966 3999071 1981039 2037401 2018032 5334490 5284318 8924564 8881093 415475 199703 225000 34226 169900 640475 403829 X 7775247 7918334 508842 558930 8284089 8477264 8924564 8881093 X 175069 66167 -48061 X 0 1 X 1 0 X 553390 459494 1047966 791155 812307 3664312 1960981 1852114 1948760 2292010 1309029 9362894 2514371 2311608 2996726 3083165 2121336 13027206 18940 16319 22829 28272 46857 133217 0 18940 16319 22829 28272 46857 133217 12893989 171518 179316 171256 173822 168404 864316 171518 179316 171256 173822 168404 864316 2685889 2490924 3167982 3256987 2289740 13891522 0.92820 0.93200 0.06220 0.05970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 4768247 176653 259742 4685158 4109851 733396 75000 4768247 4473256 -127150 236255 4109851 4079995 486192 92931 4473256 3771205 310870 2080 4079995 0.97730 0.02270 0 0 758215 758215 2934261 1776630 1157631 306595 204409 102186 2018032 X 2280312 66167 24489 90656 2189656 0 2189656 2039076 24489 24489 2014587 0 2014587 PART III, LINE 1A: THE MUSEUM'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS, AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: PART III, LINE 4 - THE ORGANIZATION'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SCIENTIFIC SPECIMENS, AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. PART V, LINE 4: THE MUSEUM'S ENDOWMENT WAS ESTABLISHED TO PROVIDE DISCRETIONARY OPERATING INCOME AND FUNDING FOR THE RESTORATION AND MAINTENANCE OF COLLECTION ITEMS. THE ENDOWMENT INCLUDES DONOR-RESTRICTED FUNDS AND UNRESTRICTED NET ASSETS DESIGNATED FOR ENDOWMENT BY THE MUSEUM'S BOARD OF TRUSTEES. PART X, LINE 2: THE MUSEUM IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE MUSEUM IS REQUIRED TO ANNUALLY FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE MUSEUM IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE MUSEUM HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR PERFORMS AN INITIAL REVIEW OF THE 990 DRAFT AND THEN REVIEWS THE FINAL COMPLETED 990 WITH THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES AND EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT ANNUALLY DISCLOSING WHETHER OR NOT THEY ARE IN A POSITION TO INFLUENCE A DECISION THAT MAY RESULT IN PERSONAL GAIN OR GAIN FOR A RELATED PARTY AS A RESULT OF THE BUSINESS DEALINGS OF THE ORGANIZATION. DISCLOSURE OF BUSINESS OWNERSHIP IN AN ENTITY WITH WHICH THE ORGANIZATION DOES BUSINESS IS ALSO A REQUIRED DISCLOSURE. TRUSTEES AND EMPLOYEES MUST IMMEDIATELY DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO AN OFFICER OF THE ORGANIZATION SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. IF CONFLICTS ARE DETERMINED, THE PERSON WITH THE CONFLICT MAY BE EXCLUDED FROM THE MEETING/DECISION AND WILL REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BUDGET COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL ANALYSIS OF THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE BASED ON EXECUTIVE PERFORMANCE. THE ANALYSIS IS BASED ON COMPARABLE DATA FROM OTHER NON-PROFIT ORGANIZATIONS IN THE DENVER METRO AREA AS WELL AS ON THE AVAILABLE FUNDING OF THE ORGANIZATION. THE BUDGET COMMITTEE/BOARD WILL MEET AT THE END OF THE YEAR TO REVIEW THE COMPENSATION AMOUNT FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES IN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: COLLECTION ITEMS PURCHASED BUT NOT CAPITALIZED -48,061.