Cheyenne Depot Museum Inc
Nonprofit profile at a glance
- EIN
- 470860675
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Cheyenne, WY, USA
- Phone
- 3076323905
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $645,447
- Expenses
- $683,817
- Assets
- $1,585,022
- Liabilities
- $80,266
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- NATHAN DOERR (PRESIDENT)
Highest reported compensation
- CHRISTY MCCARTHY (EXECUTIVE DI): $81,576 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To celebrate the spirit, teamwork, optimism, and sacrifices of the men and women who built and are the life of the union pacific railroad, the cheyenne depot, and the city of cheyenne.
What it reported doing in 2024
National historic landmark: built in 1886-1887, the union pacific depot is a nationally prominent landmark that derives its significance from two principal areas: transportation and architecture. The depot is the last of the grant 19th century depots remaining on the transcontinental railroad - one of the best articulated examples of the richardsonian romanesque style in the west, designed by henry van brunt, one of america's most distinguished architects at a pivotal point in his practice. It formed a strategic point along the union pacific railroad, america's first transcontinental rail line, and was easily the union pacific's most grandiose facility west of its starting point at council bluffs. Maintaining a historical building is an incredible challenge, but as the steward of the building, the cheyenne depot museum works to preserve the past for future generations. Protecting this building and ensuring that its structural components are maintained in their original style is of vital importance. The depot building is open 7 days a week, excluding major holidays. The average number of people that pass through the buliding every year is 55,000.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 72.6%; rating input score 73
- Fundraising efficiency: $0.78 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.9%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 2.32; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 11.9%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: -0.6% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 72.6% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $497K in reported program spending
- Leadership: top reported pay $82K · 13 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 3/100.
- High — Sustainability: Operating margin scored 22/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.