Oklahoma Railway Museum Limited
A PLACE FOR THE WHOLE FAMILY!
Oklahoma Railway Museum Limited
EIN: 73-1234341
as of September 2024
as of September 09, 2024
Programs and results
Reports and documents
Download other documentsWhat we aim to solve
Our programs
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.
Historic Preservation
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.
Permanent Collection
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.
Exhibition Train Rides
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.
Archives
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.
Where we work
Affiliations & memberships
Oklahoma Museums Association member
American Alliance of Museums
Heritage Rail Alliance
Videos
Our results
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
Reports and documents
Download strategic planHow we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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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
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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
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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
Revenue vs. expenses: breakdown
Liquidity in 2022 info
11.40
Months of cash in 2022 info
12.2
Fringe rate in 2022 info
9%
Funding sources info
Assets & liabilities info
Financial data
Oklahoma Railway Museum Limited
Revenue & expensesFiscal Year: Jan 01 - Dec 31
Oklahoma Railway Museum Limited
Balance sheetFiscal Year: Jan 01 - Dec 31
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: Jan 01 - Dec 31
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 |
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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 | |||||
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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 | |||||
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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 |
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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 |
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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 |
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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 |
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Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
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 employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Oklahoma Railway Museum Limited
Board of directorsas of 09/01/2023
Board of directors data
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
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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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
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
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 12/11/2021GuideStar 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
- 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.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.