Civic Intelligence

Red Wing Marine Museum

990EZ • Fiscal year 2019 • EIN 45-2827019

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 23, 2020

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

0.24x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

3.48x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

43rd percentile

-0.4%

Faster asset growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

294%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$237,572

Down $1,061 (-0.4%) from 2018

Net Assets

Up

$179,572

Up $3,939 (+2.2%) from 2018

Liabilities

Down

$58,000

Down $5,000 (-7.9%) from 2018

Revenue

Up

$16,671

Up $12,442 (+294%) from 2018

Expenses

Up

$12,732

Up $868 (+7.3%) from 2018

Net Income

Up

$3,939

Up $11,574 (+152%) from 2018

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

2019

Assets$237,572
Liabilities$58,000
Net Assets$179,572

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

2019

Revenue$16,671
Expenses$12,732
Net Income$3,939
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 23, 2020
Return Version
2019v5.1
Gross Receipts
$16,671
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.$12,707$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL WILSONPresidentPT$0--
MARISA DILLESecretary/Treasurer-$0--
KENT SPEIGHTBoard Member-$0--
WYLIE WILSONBoard 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
2020-03-23
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: 6,986. Description: other expenses. Amount: 3,049. Total to form 990-ez, line 14: 10,035.

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

Description: dues & subscriptions. Amount: 200. Description: permits & filing. Amount: 25. Description: supplies. Amount: 345. Description: insurance. Amount: 275. Description: advertising. Amount: 1,513. Description: bank charges. Amount: 39. Total to form 990-ez, line 16: 2,397.

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

Description: other depreciable assets. Beg. Of year amount: 161. End of year amount: 0.

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: 40,000. End of year amount: 35,000.

Raw XML Appendix171 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/BOYAmt010059
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015984
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt016671
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt03939
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0238633
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0237572
IRS990EZ/GrossReceiptsAmt016671
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0228413
IRS990EZ/LandAndBuildingsGrp/EOYAmt0221588
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0175633
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0179572
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0175633
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0179572
IRS990EZ/OccupancyRentUtltsAndMaintAmt010035
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/PersonNm3WYLIE WILSON
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/BOYAmt0161
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02397
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/GrantsAndAllocationsAmt012707
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt063000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt012732
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt016671
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0REDWINGMARINEMUSEUM.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016671
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016446
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt056078
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82390
IRS990ScheduleA/PublicSupportPY170Pct00.83720
IRS990ScheduleA/PublicSupportTotal170Amt046200
IRS990ScheduleA/SubstantialContributorsTotAmt09878
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016671
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04228
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010774
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016446
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07959
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056078
IRS990ScheduleA/TotalSupportAmt056078
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 6,986. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,049. TOTAL TO FORM 990-EZ, LINE 14: 10,035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 200. DESCRIPTION: PERMITS & FILING. AMOUNT: 25. DESCRIPTION: SUPPLIES. AMOUNT: 345. DESCRIPTION: INSURANCE. AMOUNT: 275. DESCRIPTION: ADVERTISING. AMOUNT: 1,513. DESCRIPTION: BANK CHARGES. AMOUNT: 39. TOTAL TO FORM 990-EZ, LINE 16: 2,397.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 161. END OF YEAR AMOUNT: 0.
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: 40,000. END OF YEAR AMOUNT: 35,000.
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/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06513885783
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-23
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/FilingSecurityInformation/AtSubmissionCreationDeviceId04D4EFDF4EDDF25E0866EC8FF4481A75A89911ED0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D5D7ED655F8B810883F96BB2BA5BCD98106C09AE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.100.237.20
ReturnHeader/FilingSecurityInformation/IPDt02020-03-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:51:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411489071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH SCHAFER & ASSOCIATES 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/PreparationDt02020-03-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE D SALVESON
ReturnHeader/ReturnTs02020-03-27T09:29:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings