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Filing year 2023

ILLINOIS RAILWAY MUSEUM INC

Union, Illinois·EIN 36-6108196·NTEE A500 · Arts, Culture & Humanities·3
Total revenue
$3.2M
Total assets
$20.1M
Total expenses
$2.8M
Reported officers
9
Mission

THE MISSION OF THE ILLINOIS RAILWAY MUSEUM IS TO EDUCATE THE PUBLIC AS TO OUR NATION'S RAILROAD AND RAILWAY HISTORY BY COLLECTING, PRESERVING, AND RESTORING ROLLING STOCK, ARTIFACTS, STRUCTURES, AND RELATED TRANSPORTATION EQUIPMENT FOR DISPLAY TO THE PUBLIC; EXHIBITING AND OPERATING RESTORED ROLLING STOCK AND EQUIPMENT ON A DEMONSTRATION RAIL LINE; AND COLLECTING, PRESERVING, AND MAINTAINING A REFERENCE LIBRARY OF PUBLICATIONS, TECHNICAL INFORMATION, AND OTHER MATERIALS REGARDING RAILROADS, RAILWAYS, AND RELATED FORMS OF TRANSPORTATION FOR RESEARCH AND OTHER PURPOSES.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Director / Gm Facilities
officer (unspecified)
$70k
$77k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Up 16%
from 2022

From $60k in 2022 to $70k in 2023.

$60k
2022
$70k
2023
In today's dollarsEst.
Up 12% in real terms$69k to $77k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ILLINOIS RAILWAY MUSEUM INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.6M
$2.8M
2022
$3.2M
$2.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Illinois

Comparable arts, culture & humanities organizations in Illinois pay their highest-earning executive a median of $38,962.

25th percentile
$16k
Median
$38,962
75th percentile
$85k
90th percentile
$153k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 180 organizations across 180 filings (2021 – 2023).

See full Arts, Culture & Humanities pay data for Illinois
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