2013-05-14T10:21:09-05:00 2012-12-31 450250958 EIDE BAILLY LLP 5299 DTC BLVD STE 1000 GREENWOOD VILLAGE CO 80111 990 2012-01-01 846037753 COLORADO RAILROAD HISTORICAL FOUNDATION INC COLO 3032794591 PO BOX 10 GOLDEN CO 80401 DONALD TALLMAN 3032794591 2013-05-13 1 KIM C HUNWARDSEN CPA P00484560 3037705700 2013-05-13 2012 2016-02-24 21:20:13Z COLORADO RAILROAD MUSEUM DONALD TALLMAN PO BOX 10 GOLDEN CO 80401 2318664 0 X WWW.CRRM.ORG X 1964 CO ACQUIRE, PRESERVE, & EXHIBIT LOCOMOTIVES, CARS, ARTIFACTS, & RECORDS PERTAINING TO CO RAILROADS 10 8 19 304 0 0 534108 903048 908942 986716 85538 126631 137291 126730 1665879 2143125 0 0 0 0 316734 478012 0 0 102857 1007945 1112272 1324679 1590284 341200 552841 5854489 6429805 85007 71919 5769482 6357886 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 1222494 1102587 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. 1222494 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 4 0 1 19 1 0 0 0 0 0 0 0 0 0 0 X 10 8 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 LINDSEY ASHBY 2.00 X X 0 0 0 SHARON MCGEE 20.00 X X 0 0 0 LARRY DORSEY 25.00 X X 0 0 0 PAUL LUNING 2.00 X X 0 0 0 DAVE ROPCHAN 2.00 X X 0 0 0 MICHAEL DAVIS 2.00 X 0 0 0 BILL HENDERSON 2.00 X 0 0 0 STEVE PARKER 2.00 X 0 0 0 WILLIAM S ROBIE 6.00 X 0 0 0 JIM BARTON 2.00 X 0 0 0 DONALD TALLMAN 40.00 X 76125 0 0 76125 0 0 0 0 0 0 0 293728 609320 241034 903048 ADMISSIONS 712110 531119 531119 THOMAS ADMISSIONS 712110 322025 322025 THOMAS ACTIVITIES 712100 132778 132778 794 794 986716 126631 126631 10859 0 10859 10859 10859 291410 175539 115871 115871 2143125 1102587 0 137490 76124 38062 15225 22837 391842 350189 41653 1151 978 173 8895 7561 1334 26332 26332 142894 74263 68631 110871 11343 99528 141627 107946 25049 8632 33756 16878 16878 63318 57391 5927 14034 13690 344 525 525 2610 2610 86132 77519 8613 31282 28204 3078 DAY WITH THOMAS EVENT 332620 332620 OTHER EVENT EXPENSES 64367 64367 MUSEUM DISPLAYS 12003 12003 MEMBERSHIP DUES 5514 2757 2757 44387 26198 18189 1590284 1222494 264933 102857 247396 233895 399811 378137 70318 78364 154232 160156 200 3235 3163285 998736 2104180 2164549 2878352 3411469 5854489 6429805 57583 54181 27424 17738 85007 71919 X 5389115 5997613 280367 260273 100000 100000 5769482 6357886 5854489 6429805 X 552841 149961 -114398 X 0 1 X 1 0 X 569563 354304 719382 534108 903048 3080405 877313 1085760 1170043 1184110 1278126 5595352 1446876 1440064 1889425 1718218 2181174 8675757 10000 11740 21740 0 10000 11740 21740 8654017 88018 75224 81026 95218 137490 476976 88018 75224 81026 95218 137490 476976 1534894 1515288 1970451 1813436 2318664 9152733 0.94550 0.94170 0.05210 0.05710 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART III - THE ORGANIZATION 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, 2009 THROUGH MARCH 31, 2011, THE ACTIVITY FOR THE SHORT YEAR ENDING DECEMBER 31, 2011, AND THE ACTIVITY FOR CALENDAR YEAR ENDING DECEMBER 31, 2012 FOR THE FIVE YEAR PUBLIC SUPPORT COMPUTATION ON SCHEDULE A. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 2815960 357684 250992 22448 3402188 2692048 293641 135948 305677 2815960 2178190 398083 115775 2692048 1724756 25416 428018 2178190 2474764 -396368 353640 1724756 0.96000 0.04000 0 0 758215 758215 1919290 827557 1091733 211562 93029 118533 274218 78150 196068 2164549 CAPITAL LEASE OBLIGATION 17738 17738 X 2293086 149961 149961 2143125 0 2143125 1590284 0 1590284 0 1590284 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. ONE COLLECTION ITEM WAS DEACCESSIONED DURING 2012 THROUGH A CONTRIBUTION TO ANOTHER ORGANIZATION. NO CONSIDERATION WAS RECEIVED FOR THE DEACCESSIONED ITEM, THEREFORE NO AMOUNTS WERE RECORDED IN THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2012. 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 31741 COST OR SELLING PRICE X 1 110985 COST OR SELLING PRICE X 1 45462 COST OR SELLING PRICE X 175 8741 COST OR SELLING PRICE X STANDARD GAUGE RAILROAD TRACKS 1 15405 COST OR SELLING PRICE X RAILROAD ARTIFACTS 1 200 COST OR SELLING PRICE X TRACKMOBILE & PRESSURE WASHER 1 22500 COST OR SELLING PRICE X OTHER EQUIPMENT 2 6000 COST OR SELLING PRICE 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 MET IN NOVEMBER, 2012 TO REVIEW THE COMPENSATION AMOUNT FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES AND DOCUMENTED THIS IN THE ANNUAL BUDGET. THE COMPENSATION AMOUNTS WERE BROUGHT TO THE ENTIRE BOARD AS PART OF THE ANNUAL BUDGET FOR APPROVAL IN DECEMBER, 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CORPORATE POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: COLLECTION ITEMS PURCHASED BUT NOT CAPITALIZED -114,398.