Permian Basin Fair & Exposition is a 501(c)(4) organization based in Odessa, Texas, registered in 1977, with $764,416 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$764K
▲ 1.3% vs prior year
Expenses (FY2024)
$693K
Net assets
$776K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Permian Basin Fair & Exposition— 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 Permian Basin Fair & Exposition: 13 mo reserves · +9% margin earns a A 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 Permian Basin Fair & Exposition— 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 Permian Basin Fair & Exposition: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $706K (FY2013) to $764K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
9.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$776K
Total liabilities
$513
Net assets
$776K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $764,416▲1.3% | $692,911▲7.7% | $775,543▲10.2% | $776,056▲10.2% | 990 |
| 2023 | $754,253▲5.6% | $643,623▲8.6% | $704,038▲18.6% | $704,292▲18.7% | 990 |
| 2022 | $714,431▲7.2% | $592,851▲15.6% | $593,408▲25.8% | $593,508▲25.7% | 990 |
| 2021 | $666,344▲853% | $512,927▲302% | $471,828▲49.0% | $471,985▲47.6% | 990 |
| 2020 | $69,954▼88.4% | $127,493▼78.5% | $316,590▼15.4% | $319,690▼15.3% | 990 |
| 2019 | $605,016▼6.8% | $591,833▲8.4% | $374,129▲3.7% | $377,344▲3.4% | 990 |
| 2018 | $649,003▼0.4% | $545,912▲14.9% | $360,946▲40.0% | $365,030▲40.4% | 990 |
| 2017 | $651,816▲12.6% | $475,054▼35.5% | $257,855▲218% | $259,971▲28.0% | 990 |
| 2016 | $578,772▼24.6% | $736,889▼10.7% | $81,093▼67.1% | $203,119▼26.6% | 990 |
| 2015 | $767,620▲3.7% | $824,939▼7.5% | $246,510▼19.9% | $276,862▼21.6% | 990 |
| 2014 | $740,238▲4.9% | $892,287▲21.1% | $307,654▼32.7% | $353,025▼23.4% | 990 |
| 2013 | $705,973 | $736,847▲3.8% | $457,478▼4.5% | $461,125▼6.1% | 990 |
| 2012 | — | $710,132 | $479,071 | $490,944 | 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.
Explore more
Data for Permian Basin Fair & Exposition (EIN 75-1656376) 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.