Branford Electric Railway Assoc Inc

What it reported doing in 2024

For the year ended December 31, 2024, BERA operated the following program areas:(i) Curatorial & Exhibits: BERA maintains an extensive collection that preserves the history and heritage of electric street railways and related forms of public transportation. The museum holds over 100 historic transit vehicles, including trolley cars, subway cars, electric freight and maintenance cars, and several motor buses. The collection spans the mid-19th century through the late 20th century and includes both operational and static exhibits.The museums archives include over 30,000 photographic images, more than 4,000 books, maps, manuals, and documents, and nearly 1,000 small artifacts such as tokens, hat badges, and fare equipment. The archive continues to serve as a research resource for educators, students, authors, and transit historians.Significant pieces in the collection include: The oldest surviving horse-drawn streetcar (Central Park, NYC, c.1851)One of only two subway cars to survive the September 11, 2001 attacks (PATH car 745)An 1873 cable car that survived the 1906 San Francisco earthquakeAugust Belmont Jr.s private IRT subway car from 1904And a wide array of one-of-a-kind trolleys and interurbans from Connecticut, New York, New Jersey, and Canada(ii) Repair & Restoration Shop: BERA operates a full-service restoration and repair shop on site, staffed almost entirely by volunteers. The shop is equipped with industrial lathes, woodworking tools, sheet metal fabrication tools, and a power steam washer. This allows us to carry out historically accurate restorations of antique rolling stock using traditional methods.(iii) Trolley Car Rides & Tours: The museum offers public trolley rides on the historic right-of-way from April through December, with a reduced winter schedule in January, February, and March. Each visit includes a narrated ride on a historic trolley car and access to our interpretive displays and car barns.For private groups, educational institutions, and community organizations, the museum offers customizable charters and behind-the-scenes tours on a year-round basis.BERA also continues to offer Guest Operator experiences during scheduled weekends, where visitors are able to take the controls of a historic trolley under the supervision of a qualified instructor. This continues to be one of BERAs most popular and immersive programs.(iv) Special Programmatic Events: Throughout the year, BERA hosts a wide variety of themed events to engage the public and raise awareness of the museums mission. These events are well attended and help support operational needs while bringing new audiences to the museum. Notable 2024 programs included: Easter Bunny Trolley rides during April Storytime Trolley programs are held throughout summer, encouraging early childhood literacy Museum in Motion, BERAs summer kick-off event where several rarely seen or unique vehicles are operated and displayed Give Back Wednesdays, a summer initiative in which the museum opens its facilities including the railway, visitor center, and grounds to other local nonprofits for the purpose of hosting their own fundraising or community outreach events. In 2024, participating organizations included Havens Harvest, Project ACCESS New Haven, Community Dining Room, and East Haven PRIDE. The program rejects BERAs commitment to building partnerships and using its historic setting to support a wide range of social service, equity, and community-building efforts. Pumpkin Patch Trolley rides for families during October weekends Visits with Santa and Holiday Light Trolley rides throughout December BERA also held a Sensory-Friendly Day designed speci? cally for guests with autism or sensory sensitivities. This initiative is now a regular part of our operating calendar(v) Education & Internships: The museum continues its collaboration with the Railroad Technology Program at Gateway Community College, hosting hands-on portions of the only rail technician training program i

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 70.6%; rating input score 71
• Fundraising efficiency: $14.75 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 7 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -35.9%; rating input score 5; 5th percentile among comparable filings
• Total-asset coverage ratio: 3.46; rating input score 78; 78th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 32; 32nd percentile among comparable filings
• Officer compensation ratio: 12.3%; rating input score 30; 30th percentile among comparable filings

Growth

• Program expense growth: -7.5% per year; rating input score 0; 6th percentile among comparable filings
• Revenue growth: -0.8% per year; rating input score 0; 12th percentile among comparable filings
• Asset growth: 5.2% per year; rating input score 100; 39th percentile among comparable filings