Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Red Wing Marine Museum
EIN 45-2827019 • 501(c)3 • Red Wing, MN
Profile
Preserve, showcase and educate the public about the red wing motor marine engine and boat industry in a museum environment.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.14x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Balance Sheet
Assets
Up$200,639
Up $1,353 (+0.7%) from 2023
Liabilities
Down$28,000
Down $10,000 (-26%) from 2023
Net Assets
Up$172,639
Up $11,353 (+7.0%) from 2023
Revenue
Up$29,032
Up $21,554 (+288%) from 2023
Expenses
Down$17,679
Down $9,874 (-36%) from 2023
Net Income
Up$11,353
Up $31,428 (+157%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $200,639
- Liabilities
- $28,000
- Net assets
- $172,639
- Revenue
- $29,032
- Expenses
- $17,679
- Net income
- $11,353
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 27, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $29,032
Mission and Program Overview
Mission
Preserve, showcase and educate the public about the red wing motor marine engine and boat industry in a museum environment.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PRESERVE, SHOWCASE AND EDUCATE THE PUBLIC ABOUT THE RED WING MOTOR MARINE ENGINE AND BOAT INDUSTRY IN A MUSEUM ENVIRONMENT. | $0 | $17,647 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL WILSON | Board Member | - | $0 | - | - |
| MARISA KINNEY | Secretary/Treasurer | - | $0 | - | - |
| PATTY BROWN | Board Member | - | $0 | - | - |
| WYLIE WILSON | Vice President | - | $0 | - | - |
| GREG GENZ | President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Red Wing Marine Museum
- EIN
- 45-2827019
- Phone
- 6513885783
- Address
- 2355 OLD WEST MAIN STREET, RED WING, MN 55066
Signing Officer
- Name
- Marisa Kinney
- Title
- Secretary/treasurer
- Phone
- 6513885783
- Signed
- 2025-05-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Smith Schafer & Associates Ltd
- Address
- 519 BUSH STREET, RED WING, MN 55066
- Preparer
- Steve D Salveson
- Phone
- 6513882858
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 6,825. Description: other expenses. Amount: 3,721. Total to form 990-ez, line 14: 10,546.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising. Amount: 1,354. Description: dues & subscriptions. Amount: 360. Description: permits & filing. Amount: 32. Description: supplies. Amount: 897. Description: insurance. Amount: 400. Description: exhibit expense. Amount: 2,775. Total to form 990-ez, line 16: 5,818.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: wilson loan. Beg. Of year amount: 23,000. End of year amount: 23,000. Description: wilson trucking loan. Beg. Of year amount: 15,000. End of year amount: 5,000.”
Raw XML Appendix162 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MICHAEL WILSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6513885783 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4623 HIGHWAY 61 N |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RED WING |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55066 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4998 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13176 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 27632 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 11353 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1315 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 199286 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 200639 |
| IRS990EZ/GrossReceiptsAmt | 0 | 29032 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 194288 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 187463 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 161286 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 172639 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 161286 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 172639 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 10546 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL WILSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARISA KINNEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PATTY BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | WYLIE WILSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GREG GENZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5818 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PRESERVE, SHOWCASE AND EDUCATE THE PUBLIC ABOUT THE RED WING MOTOR MARINE ENGINE AND BOAT INDUSTRY IN A MUSEUM ENVIRONMENT. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1400 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PRESERVE, SHOWCASE AND EDUCATE THE PUBLIC ABOUT THE RED WING MOTOR MARINE ENGINE AND BOAT INDUSTRY IN A MUSEUM ENVIRONMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 17647 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 38000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 28000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 17679 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 17647 |
| IRS990EZ/TotalRevenueAmt | 0 | 29032 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | REDWINGMARINEMUSEUM.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 29032 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 7478 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10658 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23483 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6259 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 76910 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 76910 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 29032 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 7478 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10658 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23483 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6259 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 76910 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 76910 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 6,825. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,721. TOTAL TO FORM 990-EZ, LINE 14: 10,546. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADVERTISING. AMOUNT: 1,354. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 360. DESCRIPTION: PERMITS & FILING. AMOUNT: 32. DESCRIPTION: SUPPLIES. AMOUNT: 897. DESCRIPTION: INSURANCE. AMOUNT: 400. DESCRIPTION: EXHIBIT EXPENSE. AMOUNT: 2,775. TOTAL TO FORM 990-EZ, LINE 16: 5,818. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: WILSON LOAN. BEG. OF YEAR AMOUNT: 23,000. END OF YEAR AMOUNT: 23,000. DESCRIPTION: WILSON TRUCKING LOAN. BEG. OF YEAR AMOUNT: 15,000. END OF YEAR AMOUNT: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARISA KINNEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6513885783 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RED WING MARINE MUSEUM |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REDW |
| ReturnHeader/Filer/EIN | 0 | 452827019 |
| ReturnHeader/Filer/PhoneNum | 0 | 6513885783 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2355 OLD WEST MAIN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RED WING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55066 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411489071 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SMITH SCHAFER & ASSOCIATES LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 519 BUSH STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RED WING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55066 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6513882858 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVE D SALVESON |
| ReturnHeader/ReturnTs | 0 | 2025-05-28T10:46:01-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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