International Petroleum Museum And Exposition Inc
EIN: 721243629 · Morgan City, LA · NTEE: A570
Is International Petroleum Museum And Exposition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Petroleum Museum And Exposition Inc
International Petroleum Museum And Exposition Inc (EIN: 721243629) is a nonprofit organization based in Morgan City, LA, classified under NTEE code A570. The organization reported total revenue of $99K and total assets of $869K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Petroleum Museum And Exposition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for International Petroleum Museum And Exposition Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Petroleum Museum And Exposition Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about International Petroleum Museum And Exposition Inc
Is International Petroleum Museum And Exposition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, International Petroleum Museum And Exposition Inc (EIN: 721243629) insufficient data. 0 red flags identified, 0 strengths noted.
How does International Petroleum Museum And Exposition Inc spend its money?
Detailed spending breakdown data is not yet available for International Petroleum Museum And Exposition Inc. Check back for updated IRS 990 analysis.
Are donations to International Petroleum Museum And Exposition Inc tax-deductible?
International Petroleum Museum And Exposition Inc is registered as a tax-exempt nonprofit (EIN: 721243629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for International Petroleum Museum And Exposition Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), International Petroleum Museum And Exposition Inc's revenue has declined by 41.7%, moving from $388K to $226K. Total assets increased by 14.3% over the same period, from $807K to $923K. Total functional expenses fell by 41.3%, from $382K to $224K. In its most recent filing year (2023), International Petroleum Museum And Exposition Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $274K in liabilities against $923K in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $650K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $224K | $923K | $274K | — | — |
| 2022 | $289K | $175K | $1.0M | $375K | — | View 990 |
| 2021 | $137K | $143K | $896K | $362K | — | View 990 |
| 2020 | $74K | $108K | $858K | $318K | — | View 990 |
| 2019 | $160K | $185K | $952K | $368K | — | View 990 |
| 2018 | $240K | $184K | $1.0M | $411K | — | View 990 |
| 2017 | $69K | $178K | $971K | $419K | — | View 990 |
| 2016 | $194K | $203K | $1.0M | $388K | — | View 990 |
| 2015 | $157K | $289K | $849K | $397K | — | View 990 |
| 2014 | $557K | $571K | $845K | $261K | — | View 990 |
| 2013 | $492K | $503K | $854K | $257K | — | View 990 |
| 2012 | $421K | $410K | $840K | $233K | — | View 990 |
| 2011 | $319K | $331K | $823K | $227K | — | View 990 |
| 2010 | $388K | $382K | $807K | $199K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $224K, and assets of $923K (revenue -21.7% year-over-year).
- 2022: Revenue of $289K, expenses of $175K, and assets of $1.0M (revenue +111.4% year-over-year).
- 2021: Revenue of $137K, expenses of $143K, and assets of $896K (revenue +84.2% year-over-year).
- 2020: Revenue of $74K, expenses of $108K, and assets of $858K (revenue -53.5% year-over-year).
- 2019: Revenue of $160K, expenses of $185K, and assets of $952K (revenue -33.6% year-over-year).
- 2018: Revenue of $240K, expenses of $184K, and assets of $1.0M (revenue +249.7% year-over-year).
- 2017: Revenue of $69K, expenses of $178K, and assets of $971K (revenue -64.6% year-over-year).
- 2016: Revenue of $194K, expenses of $203K, and assets of $1.0M (revenue +23.3% year-over-year).
- 2015: Revenue of $157K, expenses of $289K, and assets of $849K (revenue -71.8% year-over-year).
- 2014: Revenue of $557K, expenses of $571K, and assets of $845K (revenue +13.2% year-over-year).
- 2013: Revenue of $492K, expenses of $503K, and assets of $854K (revenue +16.9% year-over-year).
- 2012: Revenue of $421K, expenses of $410K, and assets of $840K (revenue +32.2% year-over-year).
- 2011: Revenue of $319K, expenses of $331K, and assets of $823K (revenue -18.0% year-over-year).
- 2010: Revenue of $388K, expenses of $382K, and assets of $807K.
Data Sources and Methodology
This transparency report for International Petroleum Museum And Exposition Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.