Public Charity

ILLINOIS RAILWAY MUSEUM INC

ILLINOIS RAILWAY MUSEUM INC is a Public Charity headquartered in UNION, IL. Financial data from the 2025 filing: $2.7M revenue, $2.6M expenses, $20.7M total assets. 31 publicly reported grants to this organization, totaling roughly $796K, appear in IRS filings.

EIN: 366108196 UNION, IL Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.6M
Total Assets$20.7M
Grant Records31
Funding Total$796K
Filing Years2021–2025

Mission

THE MISSION OF THE ILLINOIS RAILWAY MUSEUM IS TO EDUCATE THE PUBLIC AS TO OUR NATION'S RAILROAD AND RAILWAY HISTORY BY COLLECTING, PRESERVING, AND RESTORING ROLLING STOCK, ARTIFACTS, STRUCTURES, AND RELATED TRANSPORTATION EQUIPMENT FOR DISPLAY TO THE PUBLIC; EXHIBITING AND OPERATING RESTORED ROLLING STOCK AND EQUIPMENT ON A DEMONSTRATION RAIL LINE; AND COLLECTING, PRESERVING, AND MAINTAINING A REFERENCE LIBRARY OF PUBLICATIONS, TECHNICAL INFORMATION, AND OTHER MATERIALS REGARDING RAILROADS, RAILWAYS, AND RELATED FORMS OF TRANSPORTATION FOR RESEARCH AND OTHER PURPOSES.

Officers & Directors

1ST VICE PRESIDENT Chris Chasin
DIRECTOR Conn Mccarthy
DIRECTOR/GM FACILITIES (THRU MAR 2025) David Diamond
DIRECTOR Lee Evans
PRESIDENT Marcus Ruef
DIRECTOR Nicholas Espevik

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$340,417 9 grants
ARTS, CULTURE & HUMANITIES
$167,200 4 grants
GENERAL SUPPORT
$165,627 10 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$38,800 1 grant
GENERAL SUPPRT
$30,336 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $2.6M $20.7M
2024 $3.2M $2.8M $20.1M
2023 $4.6M $2.8M $19.1M
2022 $3.0M $2.1M $16.6M
2021 $4.6M $1.8M $15.9M

Between 2021 and 2025, reported annual revenue declined from $4.6M to $2.7M (-43%), with total assets most recently reported at $20.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ILLINOIS RAILWAY MUSEUM INC

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