CSCharityScored
66

Lake Superior Railroad Museum

Arts & Culture · Duluth, Minnesota

506 W Michigan St, Duluth, MN 55802-1505

EIN: 237312204· Founded: Oct 1974· 52 years active· Filing Year: 2023

Annual Revenue

$1.5M

Total Expenses

$1.4M

Total Assets

$1.6M

Program Spending

52%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$62K

4.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$201K

Total Payroll

$263K

19% of total expenses

Where the Money Goes

52%
Programs: 52%
Payroll: 19%
Other overhead: 48%
Program Revenue$719K (48%)
Total Expenses$1.4M (93%)
Payroll$263K (19%)
Overhead (non-program)48%

Trust Score Breakdown

Program Spending Ratio

52% of expenses go to programs

40%

Revenue & Stability

$1.5M annual revenue

15%

Executive Compensation

$62K total officer comp (4.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.