LAKE SUPERIOR RAILROAD MUSEUM FOUNDATION: Form 990EZ, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LAKE SUPERIOR RAILROAD MUSEUM FOUNDATION (EIN 46-2772524)
- Tax period
- 2022-04-01 to 2023-03-31
- Filed
- 2024-01-17
- IRS object ID
- 202430179349200308
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-01-17T09:27:32-05:00 | ReturnTs |
| Tax Period End | 2023-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411806729 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LICARI LARSEN AND COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 W SUPERIOR ST STE 712 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2022-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462772524 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE SUPERIOR RAILROAD MUSEUM | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 506 WEST MICHIGAN STREET | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JIM BENDER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2187337590 | PhoneNum |
| Signature | 2024-01-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JIM | PersonFirstNm |
| Person Last | BENDER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN S LICARI CPA | PreparerPersonNm |
| PTIN | P00521417 | PTIN |
| Phone | 2187222226 | PhoneNum |
| Preparation | 2024-01-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $85,382 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $23,673 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $12,575 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $49,134 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $52,569 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | -$3,435 | GainOrLossFromSaleOfAssetsAmt |
| Total Revenue | $32,813 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $2,188 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $14,215 | OtherExpensesTotalAmt |
| Total Expenses | $16,403 | TotalExpensesAmt |
| Excess Or Deficit For Year | $16,410 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $359,264 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | -$26,464 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $349,210 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $359,264 | BOYAmt |
| EOY | $349,210 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $359,264 | BOYAmt |
| EOY | $349,210 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $359,264 | BOYAmt |
| EOY | $349,210 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | CHARITABLE AND EDUCATIONAL PURPOSES. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | CHARITABLE AND EDUCATIONAL PURPOSES. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $16,403 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $16,403 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| NEAL VANSTROM | ||
| VICE PRESIDE | 1.00 | $0 |
| JIM BENDER | ||
| PRESIDENT | 1.00 | $0 |
| RICHARD PETERSON | ||
| VICE PRESIDE | 1.00 | $0 |
| TOM CANNON | ||
| SECRETARY | 1.00 | $0 |
| ED ROBINSON | ||
| TREASURER | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN BUEHLER | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 506 MICHIGAN STREET | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2187337590 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,769 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $33,918 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,567 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $70,866 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,673 | CurrentTaxYearAmt |
| Total | $186,793 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,769 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $33,918 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,567 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $70,866 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,673 | CurrentTaxYearAmt |
| Total | $186,793 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $186,793 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,505 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,154 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,575 | CurrentTaxYearAmt |
| Total | $36,163 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,505 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,154 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,575 | CurrentTaxYearAmt |
| Total | $36,163 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,794 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,072 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $80,020 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,248 | CurrentTaxYearAmt |
| Total | $222,956 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.83780 | PublicSupportCY509Pct |
| Public Support PY509 | 0.85800 | PublicSupportPY509Pct |
| Investment Income CY | 0.16000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.14000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES DONATIONS 14,117 MISCELLANEOUS 98 TOTAL 14,215 |
| FORM 990-EZ, PART I, LINE 20 | UNREALIZED LOSS -26,464 |