Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Red Wing Marine Museum
990EZ • Fiscal year 2014 • EIN 45-2827019
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.28x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Up$260,469
Up $12,517 (+5.0%) from 2013
Net Assets
Up$187,469
Up $5,101 (+2.8%) from 2013
Liabilities
Up$73,000
Up $7,416 (+11%) from 2013
Revenue And Expenses
Revenue
Down$20,777
Down $168,097 (-89%) from 2013
Expenses
Up$15,676
Up $8,694 (+125%) from 2013
Net Income
Down$5,101
Down $176,791 (-97%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 3, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $20,777
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 | $15,621 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL WILSON | President | PT | $0 | - | - |
| MARISA DILLE | Secretary | - | $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
- Michael Wilson
- Title
- President
- Phone
- 6513885783
- Signed
- 2015-11-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Smith Schafer and Assoc 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: 7,233. Description: other expenses. Amount: 3,120. Total to form 990-ez, line 14: 10,353.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising. Amount: 1,117. Description: supplies. Amount: 3,850. Description: permit & filing fees. Amount: 25. Description: bank charges. Amount: 30. Description: dues & subscriptions/legal & accounting. Amount: 140. Description: website. Amount: 161. Total to form 990-ez, line 16: 5,323.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 2,741. End of year amount: 4,913.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 584. End of year amount: 0. Description: wilson loan. Beg. Of year amount: 15,000. End of year amount: 23,000. Description: wilson trucking loan. Beg. Of year amount: 50,000. End of year amount: 50,000.”
Raw XML Appendix134 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 | 15352 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 3868 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 20777 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5101 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 247952 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 260469 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20777 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 229859 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 251688 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 182368 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 187469 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 182368 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 187469 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 10353 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL WILSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARISA DILLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2741 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4913 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5323 |
| 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/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 | 15621 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 65584 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 73000 |
| 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 | 15676 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 15621 |
| IRS990EZ/TotalRevenueAmt | 0 | 20777 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | REDWINGMARINEMUSEUM.COM |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 20777 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 188874 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 211151 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 211151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 20777 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 188874 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 211151 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 211152 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 7,233. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,120. TOTAL TO FORM 990-EZ, LINE 14: 10,353. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADVERTISING. AMOUNT: 1,117. DESCRIPTION: SUPPLIES. AMOUNT: 3,850. DESCRIPTION: PERMIT & FILING FEES. AMOUNT: 25. DESCRIPTION: BANK CHARGES. AMOUNT: 30. DESCRIPTION: DUES & SUBSCRIPTIONS/LEGAL & ACCOUNTING. AMOUNT: 140. DESCRIPTION: WEBSITE. AMOUNT: 161. TOTAL TO FORM 990-EZ, LINE 16: 5,323. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 2,741. END OF YEAR AMOUNT: 4,913. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 584. END OF YEAR AMOUNT: 0. DESCRIPTION: WILSON LOAN. BEG. OF YEAR AMOUNT: 15,000. END OF YEAR AMOUNT: 23,000. DESCRIPTION: WILSON TRUCKING LOAN. BEG. OF YEAR AMOUNT: 50,000. END OF YEAR AMOUNT: 50,000. |
| 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 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | 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 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL WILSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6513885783 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-03 |
| 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/PreparerFirmGrp/PreparerFirmEIN | 0 | 411489071 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SMITH SCHAFER AND ASSOC 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 | 2015-11-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVE D SALVESON |
| ReturnHeader/ReturnTs | 0 | 2015-11-04T15:31:28-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $260,469
- Liabilities
- $73,000
- Net assets
- $187,469
- Revenue
- $20,777
- Expenses
- $15,676
- Net income
- $5,101