PERMIAN BASIN PETROLEUM MUSEUM LIBRARY AND HALL OF FAME (EIN 756085378) - 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

1967

Legal Domicile

Principal Officer

BRYAN GRANT

Phone

4326834403

Tax Period

2023-01-01 to 2023-12-31

PERMIAN BASIN PETROLEUM MUSEUM LIBRARY AND HALL OF FAME, founded in 1967, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2023. Net assets of $49.8M represent 221 months of operating reserves.

Mission

THE PETROLEUM MUSEUM, LIBRARY AND HALL OF FAME WAS ORGANIZED TO PROCURE, CARE FOR, AND DISPLAY OBJECTS RELATED TO THE PETROLEUM, ENERGY AND TRANSPORTATION INDUSTRIES. IN THIS REGARD,THE MUSEUM PROVIDES INTERIOR AND EXTERIOR EXHIBITS RELATING TO THE PETROLEUM, ENERGY AND TRANSPORTATION INDUSTRIES ALONG WITH EDUCATIONAL PROGRAMS AND MAINTAINS ARCHIVES AVAILABLE FOR RESEARCH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $908,722

Program Service Revenue $296,207

Investment Income $433,685

Other Revenue $1,068,938

TOTAL REVENUE $2,707,552

Expense Breakdown

Grants Paid $0

Salaries & Benefits $945,075

Fundraising Expenses $212,603

Program Expenses $2,197,369

Other Expenses $1,913,282

TOTAL EXPENSES $2,858,357

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,707,552	$2,573,801	+0.1%
Expenses	$2,858,357	$2,558,205	+0.1%
Net Income	$-150,805	$15,596	-10.7%

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

Volunteers

160

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

$249,556

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE G SHANNON	Executive Dir.	40.00	Officer	$116,736	$0	$116,736
BRYAN GRANT	Executive Dir.	40.00	Officer	$70,570	$0	$70,570
LISA WORDEN	FINANCE DIREC	30.00	Officer	$62,250	$0	$62,250
EEARL BALDRIDGE III	PAST President	2.00	Officer Director	$0	$0	$0
JOE LIBERTY	Trustee	2.00	Director	$0	$0	$0
TRAVIS COUNTS	Trustee	2.00	Director	$0	$0	$0
KLINE BOYD	Trustee	2.00	Director	$0	$0	$0
DONNY MCCLURE	Trustee	2.00	Director	$0	$0	$0
WES PERRY	Trustee	2.00	Director	$0	$0	$0
KIP AGAR	Trustee	2.00	Director	$0	$0	$0
MARK CARR	Vice President	2.00	Officer Director	$0	$0	$0
LINDSAY BALLARD	Trustee	2.00	Director	$0	$0	$0
WILL PORTER	President	2.00	Officer Director	$0	$0	$0
R DANNY CAMPBELL	Trustee	2.00	Director	$0	$0	$0
TREY GRAFA	Trustee	2.00	Director	$0	$0	$0
BILLY HARRIS	Secretary	2.00	Officer Director	$0	$0	$0
MIKE OESTMANN	Trustee	2.00	Director	$0	$0	$0
LAURA PAIGE INNERARITY	Trustee	2.00	Director	$0	$0	$0
BEN FRIEDMAN	Trustee	2.00	Director	$0	$0	$0
BRANDON GAYNOR	Trustee	2.00	Director	$0	$0	$0
ALAN KRENEK	Treasurer	2.00	Officer Director	$0	$0	$0
JIM WOODCOCK	Trustee	2.00	Director	$0	$0	$0
KYLE MILLING	Trustee	2.00	Director	$0	$0	$0
GARY DOUGLAS	Trustee	2.00	Director	$0	$0	$0
ERIC PICKETT	Trustee	2.00	Director	$0	$0	$0
JOHN KENNEDY	Trustee	2.00	Director	$0	$0	$0
KYLE STALLINGS	Trustee	2.00	Director	$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	No data	No data	No data	No data
2023	$2,707,552	$2,858,357	$49,887,728	$-150,805
2022	$2,573,801	$2,558,205	$49,660,478	$15,596
2021	$3,437,323	$2,381,287	$51,276,941	$1,056,036
2020	$2,624,546	$2,326,632	$49,217,307	$297,914
2019	$4,484,715	$2,421,642	$48,558,603	$2,063,073
2018	$3,088,426	$2,334,901	$45,699,150	$753,525

PERMIAN BASIN PETROLEUM MUSEUM LIBRARY AND HALL OF FAME