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. 34 publicly reported grants to this organization, totaling roughly $823K, appear in IRS filings.

EIN: 366108196 UNION, IL Museums NTEE: A50 Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.6M
Total Assets$20.7M
Grant Records34
Funding Total$823K
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.

Where $100 goes at Illinois Railway Museum Inc

How Illinois Railway Museum Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$87 Programs the work itself
$12 Management running the organization
$1 Fundraising raising the next dollar

Inside the $87 for programs

$44
Public opening, display, operation and interpretation of the museum's collection of railroad equipment and memorabilia to further public understanding of the role of railroads in the development of…
50% of program spending
$43
Special attractions and events, with a strong railroad theme, including "days out with thomas", "happy holiday railway and the "bunny trolley hop"
About 50% (cost not reported)
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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

General Support
$639,666 26 grants
Arts & Culture
$182,865 7 grants

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.

Similar Organizations in IL

AMERICAN LEGACY COLLECTION FOUNDATION
CHICAGO, IL · Museums
MELLIJOR CHARITABLE FOUNDATION INC
WINTHROP HARBOR, IL · Museums
BUSY BRAINS CHILDRENS MUSEUM
LAKE VILLA, IL · Museums
ILLINOIS AVIATION MUSEUM AT BOLINGBROOK
BOLINGBROOK, IL · Museums
NORTHWEST TERRITORY HISTORIC CENTER
DIXON, IL · Museums

Browse all nonprofits & foundations in Union, →

See the full picture for ILLINOIS RAILWAY MUSEUM INC

Complete financials, all 34 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
Start Free Trial → Log In
7-day free trial Cancel any time