Permian Basin Petroleum Museum Library & Hall of Fame
Only null% goes to programs Strong reserves
Permian Basin Petroleum Museum Library & Hall of Fame is a 501(c)(3) organization based in Midland, Texas, registered in 1968, with $3,777,600 in FY2024 revenue. CharityIndex grades it B.
1500 W Interstate 20, Midland, TX, 79701 EIN 75-6085378 Since 1968
Revenue (FY2024)
$3.8M
▲ 39.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$3.1M
Net assets
$50.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Petroleum Museum Library & Hall of Fame— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating194 mo reserves · +17% margin
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 Petroleum Museum Library & Hall of Fame: 194 mo reserves · +17% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Petroleum Museum Library & Hall of Fame— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Petroleum Museum Library & Hall of Fame: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1500 W Interstate 20, Midland, TX, 79701
- City
- Midland
- State
- Texas
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Website
- …
Financial trends
Revenue declined from $8.8M (FY2013) to $3.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32KNet assets $50.8M
Operating margin
16.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.8M
Total liabilities
$32K
Net assets
$50.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,777,600▲39.5% | $3,141,435▲9.9% | $50,764,664▲1.9% | $50,796,315▲1.8% | 990 |
| 2023 | $2,707,552▲5.2% | $2,858,357▲11.7% | $49,827,778▲0.7% | $49,887,728▲0.5% | 990 |
| 2022 | $2,573,801▼25.1% | $2,558,205▲7.4% | $49,466,863▼2.5% | $49,660,478▼3.2% | 990 |
| 2021 | $3,437,323▲31.0% | $2,381,287▲2.3% | $50,727,734▲3.1% | $51,276,941▲4.2% | 990 |
| 2020 | $2,624,546▼41.5% | $2,326,632▼3.9% | $49,189,864▲1.3% | $49,217,307▲1.4% | 990 |
| 2019 | $4,484,715▲45.2% | $2,421,642▲3.7% | $48,540,282▲6.3% | $48,558,603▲6.3% | 990 |
| 2018 | $3,088,426▲71.6% | $2,334,901▼3.1% | $45,683,845▲0.3% | $45,699,150▼0.2% | 990 |
| 2017 | $1,800,190▲23.1% | $2,409,339▲20.1% | $45,541,219▼0.1% | $45,773,149▼0.4% | 990 |
| 2016 | $1,462,106▼43.7% | $2,006,400▲22.0% | $45,567,510▲11.4% | $45,952,379▲11.3% | 990 |
| 2015 | $2,597,528▼30.8% | $1,645,116▲15.4% | $40,915,804▲1.1% | $41,269,710▲1.1% | 990 |
| 2014 | $3,754,045▼57.5% | $1,425,253▲6.3% | $40,455,435▲6.4% | $40,812,133▲7.3% | 990 |
| 2013 | $8,837,762 | $1,340,810▲8.4% | $38,039,548▲26.9% | $38,050,845▲26.8% | 990 |
| 2012 | — | $1,236,364▼4.6% | $29,970,576▲18.7% | $29,999,338▲18.7% | 990 |
| 2011 | — | $1,295,363▲3.9% | $25,255,997▲5.4% | $25,264,870▲5.4% | 990 |
| 2010 | — | $1,246,621 | $23,952,217 | $23,969,057 | 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.
Grants received · $310K total
26 grants to Permian Basin Petroleum Museum Library & Hall of Fame totaling $310K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $28,539 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $15,290 |
| American Online Giving Foundation Inc | General support | 2023 | $28,575 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $10,959 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $8,500 |
| American Endowment Foundation | Arts, culture | 2023 | $6,000 |
| American Online Giving Foundation Inc | General support | 2022 | $18,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $6,675 |
| American Online Giving Foundation Inc | General support | 2021 | $18,500 |
| Denver Foundation | 2021 steam sprouts programs | 2021 | $10,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2021 | $6,383 |
| American Online Giving Foundation Inc | General support | 2020 | $8,500 |
| American Online Giving Foundation Inc | General support | 2020 | $8,500 |
| Denver Foundation | For general operating purposes | 2020 | $7,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $6,187 |
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Frequently asked questions
- Is Permian Basin Petroleum Museum Library & Hall of Fame a legitimate nonprofit?
- Yes. Permian Basin Petroleum Museum Library & Hall of Fame is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-6085378, based in Midland, Texas. Donations are tax-deductible.
- What is Permian Basin Petroleum Museum Library & Hall of Fame's EIN?
- Permian Basin Petroleum Museum Library & Hall of Fame's Employer Identification Number (EIN) is 75-6085378.
- How much revenue does Permian Basin Petroleum Museum Library & Hall of Fame report?
- Permian Basin Petroleum Museum Library & Hall of Fame reported $3,777,600 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Permian Basin Petroleum Museum Library & Hall of Fame have?
- CharityIndex grades Permian Basin Petroleum Museum Library & Hall of Fame B, based on financial health (reserves and operating margin).
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Data for Permian Basin Petroleum Museum Library & Hall of Fame (EIN 75-6085378) 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.