Public Charity

OFFSHORE RIG MUSEUM INC

OFFSHORE RIG MUSEUM INC is a nonprofit organization categorized as Public Charity based in HOUSTON, TX. Its most recent IRS filing (2024) reports revenue of $1.9M, expenses of $1.8M, total assets of $5.0M. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $228K.

EIN: 760280571 HOUSTON, TX Museums NTEE: A50 Latest filing: 2024
Total Revenue$1.9M
Total Expenses$1.8M
Total Assets$5.0M
Grant Records13
Funding Total$228K
Filing Years2019–2024

Mission

TO PROMOTE THE OILFIELD ENERGY INDUSTRY THROUGH DISSEMINATION OF LITERATURE; EDUCATIONAL PRESENTATIONS FOR SCHOOLS AND OTHER INSTITUTIONS, CIVIC AND PRIVATE GROUPS; AND TO PROVIDE A MUSEUM HOUSING INTERACTIVE EXHIBITS AND DISPLAYS OF OFFSHORE EXPLORATION, DRILLING, AND INSTITUTIONS, CIVIC AND PRIVATE GROUPS; AND TO PROVIDE A MUSEUM HOUSING INTERACTIVE EXHIBITS AND DISPLAYS OF OFFSHORE EXPLORATION AND PRODUCTION.

Where $100 goes at Offshore Rig Museum Inc

How Offshore Rig Museum Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$77 Programs the work itself
$18 Management running the organization
$5 Fundraising raising the next dollar

Inside the $77 for programs

$60
During 2024, 32,000 people visited the ocean star offshore drilling rig museum and education center which includes family days, tour plus programs, education tours, senior tours, scout days…
78% of program spending · Reported in the filing: 32,000 people
$9
The organization provides energy education through the organization's mobile oilfield learning unit (molu) that is offered to schools for free or a modest fee
11% of program spending · Reported in the filing: 71 schools; 7,715 students; 159 teachers
$8
The organization supports the education and public support objectives through the oec society, hall of fame, and executive speaker series - a forum for education and networking in…
About 11% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR David Forbes
VICE CHAIRMAN/OPERATIONS David Russell
DIRECTOR Erik Milito
CHAIRMAN OF THE BOARD James J Parr
DIRECTOR Jason May
DIRECTOR Jeff Beach

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$183,026 8 grants
Fundraising & Sponsorship
$30,000 3 grants
Arts & Culture
$10,000 1 grant
Education
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $1.8M $5.0M
2023 $871K $1.8M $5.0M
2022 $897K $1.8M $5.9M
2020 $683K $1.6M $7.2M
2019 $1.4M $1.8M $8.0M

Between 2019 and 2024, reported annual revenue grew from $1.4M to $1.9M (+35%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

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