PRCo Book -- Three Volumes.

[Edward H. Lybarger]

It goes in on the revenue side and out on the expense side.

-----Original Message-----
From: owner-pittsburgh-railways at dementia.org
[mailto:owner-pittsburgh-railways at dementia.org]On Behalf Of Jim Holland
Sent: Thursday, March 09, 2000 2:40 AM
To: pittsburgh-railways at dementia.org
Subject: Re: PRCo Book -- Three Volumes.


Greetings!

	I thought the book store volunteers fell under the category
*Contributed Services* for which a value of $309,71.00 is listed under
*Support and Revenue* in the 1997 Annual Report (pg.6.)

Edward H. Lybarger wrote:
>
> The reason the store shows a deficit is because IRS requires us to show a
> value for volunteer hours and charge that as an expense.  In cash terms,
the
> store does indeed contribute to the museum's well-being.
>
> -----Original Message-----
> From: owner-pittsburgh-railways at dementia.org
> [mailto:owner-pittsburgh-railways at dementia.org]On Behalf Of Jim Holland
> Sent: Wednesday, March 08, 2000 3:41 AM
> To: pittsburgh-railways at dementia.org
> Subject: Re: PRCo Book -- Three Volumes.
>
> Greetings!
>
> Fredbruhn at aol.com wrote:
>
> > Kevin may have the great McKeesport book at $40.00 probably plus
postage, and
> > I have bought a lot from Kevin, but you can buy the same book from the
Penna.
> > Trolley Museum for a nickel less at $39.95 plus about $3.50 or so
postage and
> > help the museum preserve our PRy Co history.
>
>         The  b-i-g-g-e-s-t  r-e-a-s-o-n  I did not mention the museum
bookstore
> is that the museum will be first to say that they do this strictly as a
> service for members and visitors - they don't make any money off of it.
> In fact, the store is more of a burden than an asset.  The president,
> Bob Jordan, in his latest column in *Trolley Fare* states that they are
> having such a difficult time getting volunteers to staff the store that
> they may have to resort to paid staff.  Besides, those living in PA will
> also have to pay sales tax - something that is avoided by ordering out
> of state.
>         Additionally, the price you quote may be a Members price which
reflects
> a discount - non-members would pay more.
>
>         Looking at the *1997 Annual Report - PTM* - page-6 - :::::::
>
>         Revenue from Museum Store       $46,115.00
>         Museum Store Expenses           $47,087.00
>
>         That is a loss of almost $1,000.00.
>
>         On the same page, total assets are listed as $1,459,208.00.
>
>         Other interesting figures:
>
>         Contributions:          $444,999.00
>         Membership Dues:        $ 20,415.00
>         Admissions:             $ 64,786.00
>         Contributed Services:   $309,710.00
>
>         On top of all this, PTM is the recipient of various grants for
specific
> building projects.  But overall, any amount from the bookstore is
> miniscule compared to the overall picture.

James B. Holland
------- -- ---------
        Pittsburgh Railways Company (PRCo), June of 1949 -- June of 1953
    To e-mail *privately,* please click here: mailto:pghpcc at pacbell.net
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