PLATINUM2023

Oklahoma Railway Museum Limited

A PLACE FOR THE WHOLE FAMILY!

Oklahoma City, OK   |  http://www.oklahomarailwaymuseum.org/
GuideStar Charity Check

Oklahoma Railway Museum Limited

EIN: 73-1234341


Mission

The Oklahoma Railway Museum’s mission is to provide an educational experience showing how railroading shaped Oklahoma and the nation.   The goals are as follows: · Continue to expand and maintain an Oklahoma rail transportation museum· Provide an exciting, educational experience about rail transportation: our past, present, and future· Provide an experience of preservation and restoration· Operate a working railway system· Create partnerships with people, communities and organizations.  Background It is important to secure and preserve for posterity the disappearing artifacts, equipment, and structures of our railway heritage. The Oklahoma Railway Museum will preserve this history while teaching us how the railroads affected our lives. In addition to the physical preservation of the rail lines, equipment, and artifacts, the museum will tell the stories of the people whose lives were changed by the railroads. At ORM’s incorporation and still today our goals are: to operate exclusively for charitable, scientific, literary, and educational purposes. To preserve the memories and images of railroading through education by; holding educational programs emphasizing all aspects of railroading; establishing and maintaining a library to preserve and make available to the membership and the public any and all kinds of written, visual, and aural materials related to all aspects of railroading; establishing and maintaining a museum for the purpose of preserving and operating any and all types of railroad equipment and memorabilia for the enjoyment and education of the membership and the public; and establishing and maintaining any other activity in furtherance of this educational purpose. To foster stimulating group discussion and the exchange of knowledge concerning railroading by sponsoring tours, trips, and excursions, and by publishing a newsletter and other publications.

Ruling year info

1987

President

Eric Dilbeck

Main address

3400 NE Grand Blvd

Oklahoma City, OK 73111 USA

Show more contact info

Formerly known as

Central Oklahoma Railfans CLub

EIN

73-1234341

Subject area info

Museums

Population served info

Families

Adults

NTEE code info

Museum & Museum Activities (A50)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Education

At Oklahoma Railway Museum's incorporation and still today our goals are: to operate exclusively for charitable, scientific, literary, and educational purposes. To preserve the memories and images of railroading through education by; holding educational programs emphasizing all aspects of railroading; The Oklahoma Railway Museum's education program serves students of all ages in the community by providing engaging and enriching education experiences throughout the year. Education at Oklahoma Railway Museum' has three main areas of focus: Interpretation, which provides meaning for works of art and is delivered through gallery labels, didactic panels and gallery guides, audio guides, and catalogs; Education, which complements formal, school-based curriculum for grades Pre-K through 12 and is delivered through docent-guided tours, resource guides, and a Traveling Truck of resources for teachers; The Oklahoma railway Museum also puts on a Railroading Merit Badge program to assist Boy Scouts and others to learn skills, find inspiration to pursue a career and explore fields of study and interest beyond the limits of the school classroom.

Population(s) Served
Families

It is important to secure and preserve for posterity the disappearing artifacts, equipment, and structures of our railway heritage. The Oklahoma Railway Museum will preserve this history while teaching us how the railroads affected our lives. In addition to the physical preservation of the rail lines, equipment, and artifacts, the museum will tell the stories of the people whose lives were changed by the railroads. From those who rode the railroad to a new life in a raw new territory, to those who worked the rails, there are many memories to be preserved. Those stories must be captured while the people who lived them, can tell them.

Population(s) Served
Adults

The vision of a permanent museum of railroading in Oklahoma City was realized in 2000, with the incorporation of the Oklahoma Railway Museum (formerly the Central Oklahoma Railfan Club). The Museum's collection includes equipment, depot structures, blueprints, maps, paintings, prints, drawings, photographs, and books, focusing on railroading in Oklahoma but also nationally.

Population(s) Served
Families

The Oklahoma Railway Museum’s mission is to provide an educational experience of how railroad’s shaped Oklahoma and the nation. A large part of this is the establishment and maintenance of an operating museum. This will allow us to preserve and operate all types of railroad equipment and display memorabilia for the enjoyment and education of public and our membership. Oklahoma Railway Museum uses train rides to educate the public, especially children, about travel and the history of railroads.

Population(s) Served
Families

At Oklahoma Railway Museum's incorporation and still today our goals are: to operate exclusively for charitable, scientific, literary, and educational purposes. To preserve the memories and images of railroading through education by; holding educational programs emphasizing all aspects of railroading; establishing and maintaining a library to preserve and make available to the membership and the public any and all kinds of written, visual, and aural materials related to all aspects of railroading.

Population(s) Served
Families

Where we work

Affiliations & memberships

Oklahoma Museums Association member

American Alliance of Museums

Heritage Rail Alliance

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Train ride passengers

This metric is no longer tracked.
Totals By Year
Related Program

Exhibition Train Rides

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    We don’t have the right technology to collect and aggregate feedback efficiently, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time

Financials

Oklahoma Railway Museum Limited
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

11.40

Average of 75.32 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

12.2

Average of 15.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

9%

Average of 18% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Oklahoma Railway Museum Limited

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Oklahoma Railway Museum Limited

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Oklahoma Railway Museum Limited

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Oklahoma Railway Museum Limited’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $102,135 $105,015 -$11,926 $387,555 $226,075
As % of expenses 21.3% 19.0% -3.6% 94.8% 27.8%
Unrestricted surplus (deficit) after depreciation $77,088 $81,666 -$31,467 $370,871 $205,852
As % of expenses 15.3% 14.2% -9.0% 87.2% 24.7%
Revenue composition info
Total revenue (unrestricted & restricted) $580,631 $656,390 $319,940 $1,208,491 $699,033
Total revenue, % change over prior year 1.9% 13.0% -51.3% 277.7% -42.2%
Program services revenue 46.1% 55.2% 20.6% 30.3% 18.3%
Membership dues 1.4% 0.9% 2.7% 0.6% 0.9%
Investment income 3.2% 5.5% 11.5% 2.8% -4.4%
Government grants 0.0% 5.1% 22.5% 31.7% 22.1%
All other grants and contributions 20.4% 9.7% 37.1% 17.8% 0.0%
Other revenue 28.9% 23.6% 5.5% 16.8% 63.0%
Expense composition info
Total expenses before depreciation $478,496 $551,375 $331,866 $408,716 $811,820
Total expenses, % change over prior year 21.2% 15.2% -39.8% 23.2% 98.6%
Personnel 4.0% 4.9% 20.1% 19.7% 19.1%
Professional fees 0.1% 1.8% 3.6% 3.5% 1.4%
Occupancy 3.2% 3.0% 2.6% 2.8% 2.2%
Interest 0.0% 0.0% 1.4% 1.4% 0.5%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 92.7% 90.2% 72.3% 72.7% 76.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $503,543 $574,724 $351,407 $425,400 $832,043
One month of savings $39,875 $45,948 $27,656 $34,060 $67,652
Debt principal payment $0 $0 $0 $28,117 $29,482
Fixed asset additions $101,192 $45,671 $253,762 $0 $47,271
Total full costs (estimated) $644,610 $666,343 $632,825 $487,577 $976,448

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 11.9 11.1 11.3 28.7 12.2
Months of cash and investments 15.6 15.3 19.0 36.5 15.8
Months of estimated liquid unrestricted net assets 15.3 14.6 19.4 26.0 15.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $472,606 $509,325 $313,725 $978,066 $822,062
Investments $148,514 $194,769 $211,421 $263,479 $248,182
Receivables $0 $9,665 $22,050 $27,779 $3,049
Gross land, buildings, equipment (LBE) $1,334,907 $1,380,577 $1,634,339 $1,639,270 $1,686,541
Accumulated depreciation (as a % of LBE) 12.6% 13.9% 12.9% 13.6% 14.4%
Liabilities (as a % of assets) 0.6% 2.3% 7.3% 4.6% 3.7%
Unrestricted net assets $1,777,135 $1,858,801 $1,827,334 $2,198,205 $2,404,057
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $412,219 $70,086
Total net assets $1,777,135 $1,858,801 $1,827,334 $2,610,424 $2,474,143

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President

Eric Dilbeck

Eric has worked for Presort First Class since 1994 while a senior at Jones High School. Eric was recruited by Presort through an on the job training program at the Eastern Oklahoma County Vocational Technical school. Eric started on the production floor and has had various positions throughout his career. His first position was a Maintenance Technician. He quickly started helping with the computer systems and implemented the company’s first IT network. He then started, with the owner, the Data Processing and Printing department. This department grew from cleansing address lists for labeling and printing, into full service document design and printing. Eric has been instrumental in helping Presort grow by solving problems and developing technologies. Eric is responsible for all of the Presorts machine maintenance, IT infrastructure, customer programming, and manages 4 employees. ORM member since 2013

Number of employees

Source: IRS Form 990

Oklahoma Railway Museum Limited

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Oklahoma Railway Museum Limited

Board of directors
as of 09/01/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Eric Dilbeck

Information Technology Manager, Presort First Class, INC.

Term: 2020 - 2023

Eric Dilbeck

Presort First Class

Charles Price

Oklahoma Education Association, Retired

Bob Nantois

Tinker Air Force Base, Retired

Bob Cossairt

Del City Schools, Retired

Greg Hall

City of Norman, Retired

Bob Cook

Tinker Airforce Base, Retired

John Nave

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 9/1/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 12/11/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.