Mission
PRESERVE AND INTERPRET THE HISTORY OF TRANSPORTATION IN NORTH CAROLINA AND PRESENT THIS HISTORY IN A MANNER THAT ALLOWS VISITORS TO ENJOY THEIR EXPERIENCE AS WELL AS LEARN FROM IT.
Public Charity
NC TRANSPORTATION MUSEUM FOUNDATION
Based in SPENCER, NC, NC TRANSPORTATION MUSEUM FOUNDATION operates as a Public Charity. The organization reported $8.1M in revenue, $7.7M in expenses, $14.1M in total assets for fiscal year 2025. Imperigo tracks 14 reported grant relationships connected to this organization totaling approximately $403K.
EIN: 581315178
SPENCER, NC
History Museums
NTEE: A54
Latest filing: 2025
Total Revenue$8.1M
Total Expenses$7.7M
Total Assets$14.1M
Grant Records14
Funding Total$403K
Filing Years2021–2025
Where $100 goes at NC Transportation Museum Foundation
How NC Transportation Museum Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$89
Programs
the work itself
$9
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $89 for programs
$57
Educational programs and events (train excursions, day out with thomas, polar express, at the throttle, boy scouts rail camp, fire truck festival, classic car shows, etc.) Are held…
$12
Railroad operations
$10
Gift station
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
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.
Sample Grants Received
CHARITABLE DONATION
$100,130
CULTURE & ARTS
$26,884
HUMAN SERVICES
$25,399
CULTURE & ARTS
$23,239
CHARITABLE GIFT
$12,274
Showing up to 5 of 14 total records — full history available with membership.
Officers & Directors
DIRECTOR
Barry Whitlow
DIRECTOR
Bill Wilkerson
DIRECTOR
Dan Gurley
DIRECTOR
Dick Calloway
DIRECTOR
Gene Sharp
VICE PRESIDE
Jim Bland
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $8.1M | $7.7M | $14.1M |
| 2024 | $6.9M | $6.5M | $13.4M |
| 2023 | $6.1M | $5.7M | $12.5M |
| 2022 | $7.6M | $5.1M | $11.5M |
| 2021 | $3.7M | $1.9M | $8.7M |
Between 2021 and 2025, reported annual revenue grew from $3.7M to $8.1M (+120%), with total assets most recently reported at $14.1M.
Interactive year-over-year charts and full filing details available with membership.