Charity Search / PERMIAN BASIN PETROLEUM MUSEUM LIBRARY & HALL OF FAME
Arts, Culture & Humanities (A570) 990 on File

PERMIAN BASIN PETROLEUM MUSEUM LIBRARY & HALL OF FAME

EIN: 75-6085378 · MIDLAND, TX 79701-2041 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$3.8M
Total Revenue
$3.1M
Total Expenses
$50.8M
Net Assets
22
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.1%
Fundraising Efficiency 100.0%
Operating Reserve 193.92x
Liability-to-Asset 0.1%
Revenue Diversification 44.5%
Executive Compensation $159K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
74.1% 77.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
17.0% 14.4%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.9% 5.4%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
100.0% 240.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
193.9 mo 16.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 10.6%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
44.5% 74.5%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
39.5% 7.8%
P10P90
Expense growth
Year over year expense growth
9.9% 8.0%
P10P90
Surplus margin
Surplus as a share of revenue
16.8% -0.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.8M $3.1M $50.8M 74.1% 22
2023 $2.7M $2.9M $49.8M 76.9% 21
2022 $2.6M $2.6M $49.5M 77.2% 19
2021 $5.3M $2.4M N/A — 18
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Organization Details
EIN
75-6085378
State
TX
City
MIDLAND
ZIP
79701-2041
Classification
A570
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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