Disable all preview features

Arts, Culture, Humanities : Museums

The Permian Basin Petroleum Museum

Explorations Innovations Legends

three stars

88.25

1500 Interstate 20 West Midland, TX 79701
tel: (432) 683-4403   Web Site
EIN: 75-6085378

Board Leadership
Mark Philpy
President

CEO
Kathy Shannon
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 88.25 three stars
  Financial 87.55 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 06/01/2016 and includes data from FY2014, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

87.55

Accountability & Transparency

three stars

89.00

This rating was published 06/01/2016 and includes data from FY2014, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
71.6%
  Administrative Expenses 17.2%
  Fundraising Expenses 11.1%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 26.60
  Program Expenses Growth 2.5%
  Liabilities to Assets 0.8%
All data for Financial Performance Metrics calculations was provided by The Permian Basin Petroleum Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Permian Basin Petroleum Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Permian Basin Petroleum Museum (TX) 88.25 three stars
The Field Museum (IL) 85.49 three stars
High Desert Museum (OR) 89.08 three stars
American Museum of Natural History (NY) 87.14 three stars
Lindsay Wildlife Museum (CA) 86.47 three stars

Compare These Charities (Highly Rated)

Founded in 1975, the Permian Basin Petroleum Museum tells the story of petroleum and the rugged lives of men and women who sought a better life. What started as a community dream has, over time, become the nation's largest museum dedicated to the petroleum industry and its pioneers. It shares the petroleum and energy story and its impact on our daily lives through educational programs, interactive exhibits, an archives center and its Petroleum Hall of Fame. The mission of the Permian Basin Petroleum Museum is to share the petroleum and energy story and its impact on our lives.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,099,637
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,099,637
   Program Service Revenue $186,620
Total Primary Revenue $3,286,257
   Other Revenue $467,788
TOTAL REVENUE $3,754,045
   
EXPENSES  
   Program Expenses $1,027,496
   Administrative Expenses $244,888
   Fundraising Expenses $152,869
TOTAL FUNCTIONAL EXPENSES $1,425,253
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,328,792
   
Net Assets $40,455,435

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Exhibits $1,027,496 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2014-12 06/01/2016 88.25 three stars
 
CN 2.0
2013-12 07/01/2015 86.56 three stars
2012-12 10/01/2014 86.65 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 75-6085378
Name in IRS Master File PERMIAN BASIN PETROLEUM MUSEUM LIBRARY & HALL OF FAME
NTEE Code A57
NTEE Classification Science and Technology Museums
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
(62) Historical site, records or reenactment
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011
  • December, 2010

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

We invite you to share your opinions, thoughts, experiences, and stories about this charity here to help inform the decisions of other donors.  
Need more help getting started? Check out our FAQs.
 
This tool is not for questions about Charity Navigator, such as how we derived this charity’s rating. We will happily answer those questions if you contact us directly. Likewise, if you have questions for this charity, then we encourage you to contact the charity directly (we include the charity’s contact information in the upper left-hand corner of this page) since few charities regularly monitor this commenting tool.

Compensation % of Expenses Paid to Title
$89,525 6.28% Katherine Shannon Executive Director

Founded in 1975, the Permian Basin Petroleum Museum tells the story of petroleum and the rugged lives of men and women who sought a better life. What started as a community dream has, over time, become the nation's largest museum dedicated to the petroleum industry and its pioneers. It shares the petroleum and energy story and its impact on our daily lives through educational programs, interactive exhibits, an archives center and its Petroleum Hall of Fame. The mission of the Permian Basin Petroleum Museum is to share the petroleum and energy story and its impact on our lives.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Permian Basin Petroleum Museum (TX) 88.25 three stars
Cleveland Museum of Natural History (OH) 89.53 three stars
Perot Museum of Nature and Science (TX) 95.05 four stars
Science Museum of Western Virginia (VA) 85.57 three stars
Arizona-Sonora Desert Museum (AZ) 87.82 three stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

The Permian Basin Petroleum Museum
1500 Interstate 20 West
Midland, TX 79701
tel: (432) 683-4403
fax: (432) 683-4509
EIN: 75-6085378

Visit Web Site

Board Leadership

Mark Philpy
President

CEO

Kathy Shannon
Executive Director

Did You Know We’re a Charity Too?

Charity Navigator has a wonderful community of nearly 7 million givers. Together we’ve been able to:

  • Continually provide new and updated charity ratings
  • Increase charity transparency and awareness
  • Support the long-term missions of charities through our encouragement of informed giving

Whether you’re a first-time giver or a long-time user, we love having you in our community. Your gift of any size is appreciated!

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.

Help & Support