Hagerstown Roundhouse Museum INC EIN 52-1664678

Hagerstown Roundhouse Museum INC

EIN  52-1664678 Public charity (501(c)(3)) Hagerstown, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Operates a railroad museum and preserves historic train equipment.
Leadership
Steve Ashby · Director
Money in and out
$25K revenue, $64K expenses
Bottom line
16% program efficiency

Operates a railroad museum and preserves historic train equipment. For fiscal year 2024 it reported $25K in revenue, $64K in expenses, and $369K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$25K
Pt VIII · Ln 12
Total expenses
$64K
Pt IX · Ln 25
Net assets
$369K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$39K
Where spending went · Part IX cols B–D
Program services $0.16 Management & general $0.84
Program efficiency
16%
of spending reaches programs▼ -11% vs prior filing year
Operating runway
20.3mo
months of highly liquid reserves at operating expense rate▼ -12% vs prior filing year
Surplus margin
-155%
revenue over expenses, this year▼ -290% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$25K
FY2024▼ -46%
Expenses
$64K
FY2024▼ -2%
Total assets
$369K
FY2024▼ -8%
Total liabilities
$0
FY2024
Total revenue
$25K
Pt VIII · Ln 12
Total expenses
$64K
Pt IX · Ln 25
Net assets
$369K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$369K
Program-expense ratioPt IX · col B16%
Voting members of governing bodyPt I · Ln 3110
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $10K of program spending, described in the organization's own filed words · FY2024.
01

Operation of railroad museum and preservation of railroad equipment

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHagerstown Roundhouse Museum INC
EINHdr · item D52-1664678
Principal addressHdr · item CHagerstown, MD
WebsiteHdr · item Jwww.roundhouse.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A500)
Ruling yearIRS BMFApr 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a110
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman of the Board Emeritus
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$8K · 32%
Program service revenue$7K · 28%
Other revenue$7K · 28%
Contributions & grants$3K · 11%
Investment income32%$8K
Program service revenue28%$7K
Other revenue28%$7K
Contributions & grants11%$3K
Total revenueLn 12$25K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.16 Management & general $0.84
Program services16%$10K
Management & general84%$54K
Total functional expensesLn 25$64K

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$369K
Total liabilitiesLn 26$0
Total net assetsLn 32$369K
Months of cash on handcomputed5.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $109K · Operating expenses/yr $64K
20.3 months
Where the money goes
Program services
Program services $10K · Total expenses $64K
16%
Management & General
Management & general $54K · Total expenses $64K
84%
Fundraising
Fundraising $0 · Total expenses $64K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $8K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $25K
11%
Government reliance
Government grants — · Total revenue $25K
Earned-income share
Program service revenue $7K · Total revenue $25K
28%
Investment reliance
Investment income $8K · Total revenue $25K
+32%
Program self-sufficiency
Program service revenue $7K · Total expenses $64K
11%
Growth & trend
Revenue growth (YoY)
This year $25K · Prior year $47K
-46%
Revenue CAGR
FY2020 $48K · FY2024 $25K
-15%
Net-asset trend (YoY)
End of year $369K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $25K · Expenses $64K
-155%
Liabilities-to-Assets
Total liabilities — · Total assets $369K
Net-asset ratio
Net assets $369K · Total assets $369K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $81K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $369K
22%
People & payroll
Highest Reported Total Compensation
Individual Steve Ashby · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $64K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $64K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 16%
Overhead ratio 84%
Fundraising cost ratio 0%
Revenue growth -46%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$37

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$25K revenue · viewing · ⤓ 990 PDF
FY2023$47K revenue · ⤓ 990 PDF
FY2022$23K revenue · ⤓ 990 PDF
FY2021$30K revenue · ⤓ 990 PDF
FY2020$48K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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