Conocophillips Heritage Museums Inc
- Assets
- $6.1m
- Revenue
- $492.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bartlesville, OK
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 20-2555951
Organization Overview
Conocophillips Heritage Museums Inc is located in Bartlesville, OK. The organization was established in 2005. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conocophillips Heritage Museums Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Conocophillips Heritage Museums Inc generated $492.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $757.9k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUMS HOLD AND DISPLAY HISTORICAL DOCUMENTS AND MEMORIBILIA THAT COMMEMORATE THE HISTORIES OF PHILLIPS PETROLEUM COMPANY AND CONOCO INC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J L Brown Director & Vice President | 1 | $0 | |
D L Fields Vice President | 1 | $0 | |
M A Epperson Director & President | 1 | $0 | |
S Fitzhenry Director | 1 | $0 | |
S K Griffin Assistant Tax Admin Officer | 1 | $0 | |
Name Not Listed Direcotr & Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $492,083 |
| Interest on Savings | $388 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $492,471 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $251,668 |
| Occupancy | $175,790 |
| Travel, conferences, and meetings | $40 |
| Printing and publications | $0 |
| Other expenses | $330,388 |
| Total operating and administrative expenses | $757,886 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $757,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,028 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $43,992 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $5,967,606 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,050,626 |
| Accounts payable and accrued expenses | $46,125 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,125 |