2014-05-13T12:10:21-05:00 2013-12-31 450250958 EIDE BAILLY LLP 5299 DTC BLVD STE 1000 GREENWOOD VILLAGE CO 80111 990 2013-01-01 846037753 COLORADO RAILROAD HISTORICAL FOUNDATION INC COLO 3032794591 PO BOX 10 GOLDEN CO 80401 DONALD TALLMAN EXECUTIVE DIRECTOR 3032794591 2014-05-12 1 KYLE FRITCH CPA P01313374 3037705700 2014-05-12 2013 2015-11-30 17:44:51Z COLORADO RAILROAD MUSEUM DONALD TALLMAN PO BOX 10 GOLDEN CO 80401 1927425 0 X WWW.CRRM.ORG X 1964 CO ACQUIRE, PRESERVE, & EXHIBIT LOCOMOTIVES, CARS, ARTIFACTS, & RECORDS PERTAINING TO CO RAILROADS 12 10 20 284 0 0 903048 454061 986716 996141 126631 136674 126730 144803 2143125 1731679 0 0 0 0 478012 458949 0 0 97771 1112272 1150025 1590284 1608974 552841 122705 6429805 6790483 71919 134068 6357886 6656415 X THE MUSEUM'S MISSION IS TO ACQUIRE, PRESERVE, AND EXHIBIT TO THE GENERAL PUBLIC, RAILROAD EQUIPMENT, ARTIFACTS, PAPER RECORDS, BOOKS, ART WORK AND PHOTOGRAPHS EMPHASIZING ROCKY MOUNTAIN AREA RAILROADS, TO EXPLAIN AND INTERPRET THE ROLE OF RAILROADS IN THE HISTORY OF THIS REGION FROM THE 1860'S TO THE PRESENT BY MEANS OF EXHIBITS, A REFERENCE LIBRARY, EDUCATIONAL PROGRAMS, PUBLICATIONS AND INFORMATION SHARING WITH OTHER HISTORICAL GROUPS. FURTHERMORE TO PROVIDE INCENTIVES THAT WILL ENHANCE INTEREST IN RAILROADS AND RAILROADING HISTORY. 0 0 1259050 1128944 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. BY SEEKING OUT RECORDS, MAPS, AND OTHER MATERIALS FROM RAILROADS AS THEY CLOSED THEIR OPERATIONS, THE MUSEUM HAS BECOME 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. 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. 1259050 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 3 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 12 10 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CO X BONNIE PRATER 3032794591 17155 W 44TH AVENUE GOLDEN CO 80403 SHARON MCGEE PRESIDENT 25.00 X X 0 0 0 AL BLOUNT VICE PRESIDENT 25.00 X X 0 0 0 LARRY DORSEY SECRETARY 6.00 X X 0 0 0 WALTER DOWNING TREASURER 2.00 X X 0 0 0 LINDSEY ASHBY TRUSTEE 2.00 X X 0 0 0 MICHAEL DAVIS TRUSTEE 2.00 X 0 0 0 BILL HENDERSON TRUSTEE 2.00 X 0 0 0 STEVE PARKER TRUSTEE 2.00 X 0 0 0 WILLIAM S ROBIE TRUSTEE 6.00 X 0 0 0 JIM BARTON TRUSTEE 2.00 X 0 0 0 DAVE ROPCHAN TRUSTEE 2.00 X 0 0 0 ROY JOHNSON TRUSTEE 2.00 X 0 0 0 DONALD TALLMAN EXECUTIVE DIRECTOR 40.00 X 79851 0 0 79851 0 0 0 0 0 0 0 283574 170487 48375 454061 ADMISSIONS 712110 504077 504077 THOMAS ADMISSIONS 712110 342726 342726 THOMAS ACTIVITIES 712100 140517 140517 8821 8821 996141 136674 136674 12000 0 12000 12000 12000 328549 195746 132803 132803 1731679 1128944 0 148674 79850 39925 15970 23955 365806 330731 35075 825 701 124 12468 10598 1870 23311 23311 142256 77017 65239 109826 16356 93470 103714 76215 21702 5797 31954 15977 15977 86825 79211 7614 8835 8435 400 9080 9080 3274 3274 98116 88304 9812 44299 39674 4625 DAY WITH THOMAS EVENT 370941 370941 OTHER EVENT EXPENSES 29289 29289 EQUIPMENT EXPENSES 22919 22596 323 MUSEUM DISPLAYS 8750 8750 56636 35250 18606 2780 1608974 1259050 252153 97771 233895 1816 378137 592155 78364 77095 416 160156 143130 3235 947 3203307 1096849 2164549 2106458 3411469 3868466 6429805 6790483 54181 118023 17738 16045 71919 134068 X 5997613 6351714 260273 204701 100000 100000 6357886 6656415 6429805 6790483 X 122705 357127 -181303 X 0 1 X 1 0 X 354304 719382 534108 903048 454061 2964903 1085760 1170043 1184110 1278126 1324690 6042729 1440064 1889425 1718218 2181174 1778751 9007632 10000 11740 16640 38380 0 10000 11740 16640 38380 8969252 75224 81026 95218 137490 148674 537632 75224 81026 95218 137490 148674 537632 1515288 1970451 1813436 2318664 1927425 9545264 0.93970 0.94550 0.05630 0.05210 X SCHEDULE A, PART III: THE ORGANIZAITON FILED A SHORT-YEAR RETURN FOR THE PERIOD APRIL 1, 2011 TO DECEMBER 31, 2011, EFFECTIVELY CHANGING THEIR ACCOUNTING PERIOD FROM FISCAL YEAR ENDING MARCH 31ST TO A CALENDAR YEAR ENDING DECEMBER 31, 2011. IN ORDER TO PROPERLY REFLECT THE ORGANIZATION'S PUBLIC CHARITY STATUS AND PUBLIC SUPPORT FOR THE PURPOSES OF SCHEDULE A, PART III (SUPPORT SCHEDULE FOR ORGANIZATION'S DESCRIBED IN SECTION 509(A)(2)) THE ORGANIZATION IS REPORTING THEIR ACTIVITY FOR FISCAL YEARS ENDING MARCH 31, 2010 THROUGH MARCH 31, 2011, THE ACTIVITY FOR THE SHORT YEAR ENDING DECEMBER 31,2011, AND THE ACTIVITY FOR CALENDAR YEARS ENDING DECEMBER 31, 2012 AND DECEMBER 31, 2013 FOR THE FIVE YEAR PUBLIC SUPPORT COMPUTATION ON SCHEDULE A. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 3402188 494005 295215 3600978 2815960 357684 250992 22448 3402188 2692048 293641 135948 305677 2815960 2178190 398083 115775 2692048 1724756 25416 428018 2178190 0.96000 0.03000 0.01000 0 0 758215 758215 2280411 994720 1285691 164681 102129 62552 2106458 CAPITAL LEASE OBLIGATION 16045 16045 X 2088806 357127 357127 1731679 0 1731679 1608974 0 1608974 0 1608974 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: 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. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT, ARE CLASSIFIED AND REPORTED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. 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 UNDER SECTION 170(B)(1)(A)(VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). 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 (FOR 990-T) WITH THE IRS. THE MUSEUM BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE MUSEUM WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. LOCO LEASE II TWO BOARD MEMBERS OF THE MUSEUM ARE PARTNERS OF THE ORGANIZATION. 25000 THE MUSEUM RENTED TWO LOCOMOTIVES FROM THE ORGANIZATION FOR ITS ANNUAL THOMAS EVENT. 0 X 25991 COST OR SELLING PRICE X 1 5709 COST OR SELLING PRICE X 202 15671 COST OR SELLING PRICE X RAILROAD ARTI 1 1004 COST OR SELLING PRIC 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS DAVE ROPCHAN AND LINDSAY ASHBY HAVE A BUSINESS RELATIONSHIP. 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 11 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 15 THE BUDGET COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL ANALYSIS OF THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE. 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 WILL MEET AT THE END OF THE CALENDAR YEAR 2014 TO REVIEW THE COMPENSATION AMOUNT FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES AND DOCUMENT THIS IN THE ANNUAL BUDGET. 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 -181,303.