Civic Intelligence

Red Wing Marine Museum

990EZ • Fiscal year 2015 • EIN 45-2827019

Jan 01, 2015 to Dec 31, 2015 • Filed on May 05, 2016

2355 Old West Main StreetRed Wing, MN 55066

(651) 388-5783

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

9.17x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-113%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

38th percentile

-3.5%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-62%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$251,477

Down $8,992 (-3.5%) from 2014

Net Assets

Down

$178,477

Down $8,992 (-4.8%) from 2014

Liabilities

Flat

$73,000

Flat from 2014

Revenue

Down

$7,959

Down $12,818 (-62%) from 2014

Expenses

Up

$16,951

Up $1,275 (+8.1%) from 2014

Net Income

Down

-$8,992

Down $14,093 (-276%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2012: $476Liabilities 2012: $02012Assets 2013: $247,952Liabilities 2013: $65,584Net Assets 2013: $182,3682013Assets 2014: $260,469Liabilities 2014: $73,000Net Assets 2014: $187,4692014Assets 2015: $251,477Liabilities 2015: $73,000Net Assets 2015: $178,4772015Assets 2016: $256,612Liabilities 2016: $73,000Net Assets 2016: $183,6122016Assets 2017: $251,268Liabilities 2017: $68,000Net Assets 2017: $183,2682017Assets 2018: $238,633Liabilities 2018: $63,000Net Assets 2018: $175,6332018Assets 2019: $237,572Liabilities 2019: $58,000Net Assets 2019: $179,5722019Assets 2020: $227,007Liabilities 2020: $53,000Net Assets 2020: $174,0072020Assets 2021: $234,545Liabilities 2021: $48,000Net Assets 2021: $186,5452021Assets 2022: $224,361Liabilities 2022: $43,000Net Assets 2022: $181,3612022Assets 2023: $199,286Liabilities 2023: $38,000Net Assets 2023: $161,2862023Assets 2024: $200,639Liabilities 2024: $28,000Net Assets 2024: $172,6392024

Highlighted filing

2015

Assets$251,477
Liabilities$73,000
Net Assets$178,477

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2012: $1,500Expenses 2012: $1,024Net Income 2012: $4762012Revenue 2013: $188,874Expenses 2013: $6,982Net Income 2013: $181,8922013Revenue 2014: $20,777Expenses 2014: $15,676Net Income 2014: $5,1012014Revenue 2015: $7,959Expenses 2015: $16,951Net Income 2015: -$8,9922015Revenue 2016: $16,446Expenses 2016: $11,311Net Income 2016: $5,1352016Revenue 2017: $10,774Expenses 2017: $11,118Net Income 2017: -$3442017Revenue 2018: $4,229Expenses 2018: $11,864Net Income 2018: -$7,6352018Revenue 2019: $16,671Expenses 2019: $12,732Net Income 2019: $3,9392019Revenue 2020: $6,259Expenses 2020: $11,824Net Income 2020: -$5,5652020Revenue 2021: $23,483Expenses 2021: $10,945Net Income 2021: $12,5382021Revenue 2022: $10,658Expenses 2022: $15,842Net Income 2022: -$5,1842022Revenue 2023: $7,478Expenses 2023: $27,553Net Income 2023: -$20,0752023Revenue 2024: $29,032Expenses 2024: $17,679Net Income 2024: $11,3532024

Highlighted filing

2015

Revenue$7,959
Expenses$16,951
Net Income-$8,992
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 5, 2016
Return Version
2015v2.1
Gross Receipts
$7,959
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

DescriptionGrantsExpenses
PRESERVE, SHOWCASE AND EDUCATE THE PUBLIC ABOUT THE RED WING MOTOR MARINE ENGINE AND BOAT INDUSTRY IN A MUSEUM ENVIRONMENT.$0$16,886
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL WILSONPresidentPT$0--
MARISA DILLESecretary/Treasurer-$0--
KENT SPEIGHTBoard Member-$0--
KEVIN AVERYBoard Member-$0--
GREG GENZBoard Member-$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
2016-05-05
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: 7,874. Description: other expenses. Amount: 2,383. Total to form 990-ez, line 14: 10,257.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising . Amount: 1,100. Description: bank charges . Amount: 40. Description: dues & subscriptions . Amount: 365. Description: website . Amount: 96. Description: permits & filing . Amount: 25. Description: exhibit expense . Amount: 4,618. Total to form 990-ez, line 16: 6,244.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 4,913. End of year amount: 3,689.

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: 50,000. End of year amount: 50,000.

Raw XML Appendix155 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL WILSON
IRS990EZ/BooksInCareOfDetail/PhoneNum06513885783
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04623 HIGHWAY 61 N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RED WING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055066
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03868
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02750
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt07959
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8992
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0260469
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0251477
IRS990EZ/GrossReceiptsAmt07959
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0251688
IRS990EZ/LandAndBuildingsGrp/EOYAmt0245038
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0187469
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0178477
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0187469
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0178477
IRS990EZ/OccupancyRentUtltsAndMaintAmt010257
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARISA DILLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KENT SPEIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEVIN AVERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GREG GENZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04913
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03689
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06244
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PRESERVE, SHOWCASE AND EDUCATE THE PUBLIC ABOUT THE RED WING MOTOR MARINE ENGINE AND BOAT INDUSTRY IN A MUSEUM ENVIRONMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRESERVE, SHOWCASE AND EDUCATE THE PUBLIC ABOUT THE RED WING MOTOR MARINE ENGINE AND BOAT INDUSTRY IN A MUSEUM ENVIRONMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016886
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt073000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt073000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt016951
IRS990EZ/TotalProgramServiceExpensesAmt016886
IRS990EZ/TotalRevenueAmt07959
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0REDWINGMARINEMUSEUM.COM
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0188874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0219110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0219110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07959
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0188874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0219110
IRS990ScheduleA/TotalSupportAmt0219111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 7,874. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,383. TOTAL TO FORM 990-EZ, LINE 14: 10,257.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING . AMOUNT: 1,100. DESCRIPTION: BANK CHARGES . AMOUNT: 40. DESCRIPTION: DUES & SUBSCRIPTIONS . AMOUNT: 365. DESCRIPTION: WEBSITE . AMOUNT: 96. DESCRIPTION: PERMITS & FILING . AMOUNT: 25. DESCRIPTION: EXHIBIT EXPENSE . AMOUNT: 4,618. TOTAL TO FORM 990-EZ, LINE 16: 6,244.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,913. END OF YEAR AMOUNT: 3,689.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: WILSON LOAN . BEG. OF YEAR AMOUNT: 23,000. END OF YEAR AMOUNT: 23,000. DESCRIPTION: WILSON TRUCKING LOAN . BEG. OF YEAR AMOUNT: 50,000. END OF YEAR AMOUNT: 50,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06513885783
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED WING MARINE MUSEUM
ReturnHeader/Filer/BusinessNameControlTxt0REDW
ReturnHeader/Filer/EIN0452827019
ReturnHeader/Filer/PhoneNum06513885783
ReturnHeader/Filer/USAddress/AddressLine1Txt02355 OLD WEST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0RED WING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055066
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411489071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH SCHAFER AND ASSOC LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0519 BUSH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RED WING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055066
ReturnHeader/PreparerPersonGrp/PhoneNum06513882858
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE D SALVESON
ReturnHeader/ReturnTs02016-05-16T00:00:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings