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Texas · Nonprofit

OFFSHORE RIG MUSEUM INC

OFFSHORE RIG MUSEUM INC (Texas) receives grants from 12 organizations whose IRS filings report $185,376 to it, the largest being HALLIBURTON FOUNDATION INC ($39,400). 3 of them have funded it in more than one year.

Revenue FY2024
$1.9M
Funders on record
12
Grants received
$185k
Net assets
$4.8M
3/12 repeat funderspeak grant-dependency 3%
01What it does

What Offshore Rig Museum Inc does

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.

As stated on its FY2024 Form 990.

Programs

  1. 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, etc.

    $1,238,816 spent$152,485 earned by the program
    88% of program spending
  2. 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. The molu is offered to fifth grade classes or above and contains activities aligned with national and states science standards. 71 schools were visited throughout texas and pennsylvania, impacting almost 7,715 students. In addition, 159 teachers were trained in 8 teacher workshops conducted by oec staff and oec facilitators across texas on the project e3 knowledge box and playing with petroleum kit potentially impacting over 34,386 students. The organization has 9 traveling trunks available in houston and in other states for teachers to utilize in their classrooms for grades k-12. 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 the oilfield energy industry.

    $173,242 spent
    12% of program spending
  3. 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 thevoilfield energy industry.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,412,058.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($1.8M) Net assets 100 ($8.4M)2018 Revenue 94 ($1.7M) Expenses 100 ($1.8M) Net assets 99 ($8.3M)2019 Revenue 77 ($1.4M) Expenses 97 ($1.8M) Net assets 95 ($7.9M)2020 Revenue 37 ($683k) Expenses 85 ($1.6M) Net assets 84 ($7.0M)2021 Revenue 39 ($721k) Expenses 72 ($1.3M) Net assets 79 ($6.6M)2022 Revenue 48 ($897k) Expenses 98 ($1.8M) Net assets 68 ($5.7M)2023 Revenue 47 ($871k) Expenses 97 ($1.8M) Net assets 58 ($4.8M)2024 Revenue 103 ($1.9M) Expenses 98 ($1.8M) Net assets 57 ($4.8M)
'17'18'19'20'21'22'23'24
Revenue (103)Expenses (98)Net assets (57)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $5.9M to $5.0M (−15%).

$8.4M
$8.4M
$8.0M
$7.2M
$6.7M
$5.9M
$5.0M
$5.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 16%. Grants only. Government contracts and fees sit inside program revenue.

93% of OFFSHORE RIG MUSEUM INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$25k
’17
−$86k
’18
−$356k
’19
−$877k
’20
−$592k
’21
−$904k
’22
−$901k
’23
$122k
’24
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kristen Barley

Executive director

Board chair

James J Parr

Chairman of the board

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

2017201820192020202220232024
Listed37333436343229
Joined·+5+3+14·+10+2
No longer listed·9212·125
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 2 funders, grant income fell $63k → $12k.

4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $212k from 3 payers (the payer shares this organization's board, largest Tulsa Community Foundation). These are real filings, and they are not money OFFSHORE RIG MUSEUM INC raised.

From the IRS filings of OFFSHORE RIG MUSEUM INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

OFFSHORE RIG MUSEUM INC has a broad base — no single funder exceeds 21% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

38% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OFFSHORE RIG MUSEUM INC.

21%
largest funder
51%
top three
~8
effective funders

Largest funder’s share by year: 2017 40% · 2018 43% · 2019 100% · 2020 55% · 2021 100% · 2022 71% · 2023 82% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

13% of OFFSHORE RIG MUSEUM INC's funders are still giving 3 years after their first grant; 25% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

74% of OFFSHORE RIG MUSEUM INC's grant income comes from Texas funders.

OK
LA
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $49k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

OFFSHORE RIG MUSEUM INC holds deeper cash reserves than three-quarters of the 5,127 arts & culture nonprofits its size.

Operating margin6% · above the median
Months of reserve18.9mo · top quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Organizations like OFFSHORE RIG MUSEUM INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 14%Fundraising 7%

Governance

28
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

57%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for OFFSHORE RIG MUSEUM INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds OFFSHORE RIG MUSEUM INC?
OFFSHORE RIG MUSEUM INC (Texas) receives grants from 12 organizations whose IRS filings report $185,376 to it, the largest being HALLIBURTON FOUNDATION INC ($39,400). 3 of them have funded it in more than one year.
How many funders does OFFSHORE RIG MUSEUM INC have?
IRS filings report 12 organizations giving $185,376 in grants to OFFSHORE RIG MUSEUM INC, 3 of which have funded it in more than one year.
Who is the largest funder of OFFSHORE RIG MUSEUM INC?
HALLIBURTON FOUNDATION INC is the largest funder on record, with $39,400 in grants. The full list of funders is on this page.
How can an organization like OFFSHORE RIG MUSEUM INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Offshore Rig Museum →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing