Duluth & North Shore Railway Inc
Only null% goes to programs
Duluth & North Shore Railway Inc is a 501(c)(3) organization based in Duluth, Minnesota, registered in 1996, with $2,506,128 in FY2024 revenue. CharityIndex grades it C.
506 W Michigan St, Duluth, MN, 55802 EIN 41-1835806 Since 1996
Revenue (FY2024)
$2.5M
▼ 20.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$2.7M
Net assets
$314K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Duluth & North Shore Railway Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Duluth & North Shore Railway Inc: 1 mo reserves · -9% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Duluth & North Shore Railway Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Duluth & North Shore Railway Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 506 W Michigan St, Duluth, MN, 55802
- City
- Duluth
- State
- Minnesota
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts Services & Councils
Financial trends
Revenue grew from $1.5M (FY2013) to $2.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $97KNet assets $314K
Operating margin
-8.5%
Spent more than it raised in the latest fiscal year.
Total assets
$411K
Total liabilities
$97K
Net assets
$314K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,506,128▼20.6% | $2,720,371▼13.6% | $313,847▼40.6% | $410,795▼41.0% | 990 |
| 2023 | $3,156,659▲12.1% | $3,148,621▲8.4% | $528,090▲1.5% | $696,116▲23.4% | 990 |
| 2022 | $2,816,813▲0.9% | $2,905,112▲19.7% | $520,052▼14.5% | $564,166▼15.8% | 990 |
| 2021 | $2,790,590▲122% | $2,428,008▲119% | $608,351▲148% | $669,845▲147% | 990 |
| 2020 | $1,258,582▼43.0% | $1,109,215▼49.1% | $245,769▲155% | $270,835▼13.8% | 990 |
| 2019 | $2,207,670▲4.6% | $2,180,720▲0.7% | $96,402▲38.8% | $314,050▲35.5% | 990 |
| 2018 | $2,111,474▲1.5% | $2,164,612▲5.4% | $69,452▼43.3% | $231,827▼27.2% | 990 |
| 2017 | $2,079,727▲0.1% | $2,054,493▲1.2% | $122,590▲25.9% | $318,498▲39.4% | 990 |
| 2016 | $2,078,514▲13.4% | $2,030,625▲15.3% | $97,356▲96.8% | $228,430▲8.0% | 990 |
| 2015 | $1,832,724▲21.9% | $1,760,683▲27.7% | $49,467▲319% | $211,586▲41.6% | 990 |
| 2014 | $1,504,051▼0.2% | $1,378,811▼10.0% | -$22,574▲84.7% | $149,455▲58.5% | 990 |
| 2013 | $1,506,603 | $1,532,094▲2.5% | -$147,814▼20.8% | $94,306▼14.5% | 990 |
| 2012 | — | $1,494,568▲6.0% | -$122,323▲20.4% | $110,253▲331% | 990 |
| 2011 | — | $1,409,634▲45.1% | -$153,636▼1092% | $25,570▼79.3% | 990 |
| 2010 | — | $971,427 | -$12,890 | $123,639 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Duluth & North Shore Railway Inc
Frequently asked questions
- Is Duluth & North Shore Railway Inc a legitimate nonprofit?
- Yes. Duluth & North Shore Railway Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1835806, based in Duluth, Minnesota. Donations are tax-deductible.
- What is Duluth & North Shore Railway Inc's EIN?
- Duluth & North Shore Railway Inc's Employer Identification Number (EIN) is 41-1835806.
- How much revenue does Duluth & North Shore Railway Inc report?
- Duluth & North Shore Railway Inc reported $2,506,128 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Duluth & North Shore Railway Inc have?
- CharityIndex grades Duluth & North Shore Railway Inc C, based on financial health (reserves and operating margin).
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Data for Duluth & North Shore Railway Inc (EIN 41-1835806) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.