Volunteers from the Midwestern Rail Association Inc., a non-profit organization founded in 1975, operated the museum.

[2] The collection included the Countess of Dufferin[3] (the first locomotive on the Canadian prairies), various vintage railcars,[3] cabooses, a Jordan spreader from 1911,[3] the history and artifacts of the building of the Hudson Bay Railway to Churchill, Manitoba,[4] technical displays, and a HO scale model layout.

The lease is predicated on the organization addressing fire code issues.

The future of the museum is still unclear, as the city still eventually intends to use the space for the rapid transit hub station.

The organization hopes to reopen in November 2025, once replacement walls, and upgraded electrical and fire safety systems are complete.