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EIN 75-6085378

Petroleum Museum

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Midland
State
Texas
Year formed
1967
Most recent tax filings
2023-12-01
NTEE code, primary
A57: Science and Technology Museums
Description
The Permian Basin Petroleum Museum is a museum in Midland, Texas, USA, with exhibits relating to the oil and gas industry of the Permian Basin of west Texas and southeast New Mexico.
Also known as...
Permian Basin Petroleum Museum Library and Hall of Fame
Total revenues
$2,707,552
2023
Total expenses
$2,858,357
2023
Total assets
$49,887,728
2023
Num. employees
21
2023

Program areas at Petroleum Museum

The Permian Basin Petroleum Museum, Library and Hall of Fame was organized to procure, care for, preserve and display objects related to the Petroleum, energy and transportation industries. In this regard, the Museum provides interior and exterior exhibits related to the Petroleum, energy and transportation industries along with educational programs and maintains archives available for research.

Who funds Petroleum Museum

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Blackbaud Giving FundGeneral Support$55,000
Abell-Hanger FoundationFor Unrestricted General Operating Support$50,000
Permian Basin Area FoundationArts and Culture$33,000
...and 19 more grants received totalling $305,916

Personnel at Petroleum Museum

NameTitleCompensation
Bryan GrantExecutive Director$70,570
Lisa WordenFinance Director$62,250
Katherine G ShannonPast Executive Director$116,736
Billy W. HarrisSecretary$0
Mark CarrPresident$0
...and 4 more key personnel

Financials for Petroleum Museum

RevenuesFYE 12/2023
Total grants, contributions, etc.$908,722
Program services$296,207
Investment income and dividends$433,685
Tax-exempt bond proceeds$0
Royalty revenue$705,158
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$311,751
Net income from gaming activities$0
Net income from sales of inventory$52,029
Miscellaneous revenues$0
Total revenues$2,707,552

Form 990s for Petroleum Museum

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-14990View PDF
2022-122023-09-29990View PDF
2021-122022-08-04990View PDF
2020-122021-09-17990View PDF
2019-122021-02-09990View PDF
...and 10 more Form 990s

Organizations like Petroleum Museum

OrganizationLocationRevenue
Imaginarium GroupFort Myers, FL$1,623,878
Greensboro Science CenterGreensboro, NC$11,429,631
Discovery Museum and PlanetariumBridgeport, CT$1,992,079
Wings Over the Rockies Air and Space MuseumDenver, CO$8,774,141
Evergreen Aviation and Space MuseumMcminnville, OR$3,402,341
Science Center of Iowa (SCI)Des Moines, IA$6,327,725
CuriOdysseySan Mateo, CA$5,909,724
The BakkenMinneapolis, MN$1,591,475
Science CentralFort Wayne, IN$2,616,814
Discovery WorldMilwaukee, WI$7,505,313
Data update history
December 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 25, 2024
Received grants
Identified 3 new grant, including a grant for $55,000 from The Blackbaud Giving Fund
November 2, 2024
Updated personnel
Identified 9 new personnel
August 25, 2024
Received grants
Identified 5 new grant, including a grant for $33,000 from Permian Basin Area Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1500 Interstate Hwy 20 West
Midland, TX 79701
Metro area
Midland, TX
County
Midland County, TX
Website URL
petroleummuseum.org/ 
Phone
(432) 683-4403
Facebook page
PetroleumMuseum 
Twitter profile
@petroleummuseum 
IRS details
EIN
75-6085378
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A57: Science and Technology Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Revoked
FTB status revoked
Not revoked
AG Registration Number
116619
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-02-05
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