Mid-continent Geological Library Inc is a 501(c)(3) organization based in Edmond, Oklahoma, registered in 2016, with $486,629 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$487K
▲ 23.8% vs prior year
Education median: $200K
Expenses (FY2024)
$625K
Net assets
$750K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-continent Geological Library Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-continent Geological Library Inc: 14 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-continent Geological Library Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-continent Geological Library Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $26K (FY2019) to $487K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-28.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$311K
Net assets
$750K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $486,629▲23.8% | $624,511▲6.9% | $750,096▼11.3% | $1,061,035▼8.4% | 990 |
| 2023 | $393,156▲15.8% | $584,072▼7.8% | $845,447▼12.8% | $1,158,240▲0.2% | 990 |
| 2022 | $339,420▲15.6% | $633,144▼25.4% | $969,010▼32.2% | $1,156,108▼27.6% | 990 |
| 2021 | $293,509▲155% | $848,434▼5.4% | $1,428,279▼26.4% | $1,595,859▼22.2% | 990 |
| 2020 | $115,222▲335% | $896,718▲45.0% | $1,941,673▼28.7% | $2,051,883▼26.4% | 990 |
| 2019 | $26,478 | $618,218 | $2,723,169 | $2,787,869 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Mid-continent Geological Library Inc totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Oklahoma City Community Foundation Inc | General purpose | 2020 | $18,000 |
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Data for Mid-continent Geological Library Inc (EIN 81-1609164) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.