WEST KERN OIL MUSEUM INC (EIN 237366570) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

DAVID COOPER

Phone

6616231085

Tax Period

2024-01-01 to 2024-12-31

WEST KERN OIL MUSEUM INC, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 25% operating margin.

Mission

PRESERVATION OF A HISTORICAL MONUMENT AND UPGRADING OF THE OIL MUSEUM

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $89,939

Program Service Revenue $0

Investment Income $1,397

Other Revenue $35,749

TOTAL REVENUE $127,085

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,500

Fundraising Expenses $0

Program Expenses $95,636

Other Expenses $68,136

TOTAL EXPENSES $95,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$127,085	$233,257	-0.5%
Expenses	$95,636	$119,235	-0.2%
Net Income	$31,449	$114,022	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG MUDGE	DIRECTOR OF VOLUNTEERS	4.00	Director	$0	$0	$0
BILLY WHITE	BOARD MEMBER	4.00	Director	$0	$0	$0
ZAK CRABB	BOARD MEMBER	4.00	Director	$0	$0	$0
GLENN OWEN	BOARD MEMBER	4.00	Director	$0	$0	$0
TOM ARNOLD	BOARD MEMBER	4.00	Director	$0	$0	$0
MIKE BEASLEY	BOARD MEMBER	4.00	Director	$0	$0	$0
DON MAXWELL	CHAIRMAN	4.00	Officer	$0	$0	$0
ADELE WARD	TREASURER	4.00	Officer	$0	$0	$0
MATT DAVIS	VICE PRESIDENT	4.00	Officer	$0	$0	$0
DAVID COOPER	PRESIDENT	4.00	Officer	$0	$0	$0
BLAKE LAYTON	SECRETARY	4.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$127,085	$95,636	$1,092,956	$31,449
2023	$233,257	$119,235	$1,174,998	$114,022
2022	$199,987	$166,539	$1,100,894	$33,448
2021	$52,008	$61,598	$1,067,431	$-9,590
2020	$27,491	$82,239	$1,034,373	$-54,748

WEST KERN OIL MUSEUM INC