Overview
What is International Petroleum Museum And Exposition Inc?
The International Petroleum Museum and Exposition Inc, often referred to as The Rig Museum, is a nonprofit organization located in Morgan City, Louisiana. Its primary objective is to enlighten the public about the historical background, societal influence, and operational environments of the offshore oil and gas industries. This is achieved through the utilization of the historic drilling rig Mr. Charlie, which serves as a practical training ground for students. The rig offers both formal classroom instruction and hands-on, real-life experiences in offshore work settings, even providing living quarters to give students a genuine sense of offshore living. The museum preserves and interprets relevant artifacts and information, aiming to educate the public on the significance of these Cajun-born industries and their influence on a global scale. The organization employs a modest workforce of two individuals.
Official website here: www.rigmuseum.com
Is International Petroleum Museum And Exposition Inc legitimate?
International Petroleum Museum And Exposition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Petroleum Museum And Exposition Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $54,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rigmuseum.com
What is the mission statement of International Petroleum Museum And Exposition Inc?
The International Petroleum Museum and Exposition Inc serves to collect, preserve, and disseminate information and artifacts related to the offshore oil and gas industries. Its primary objective is to educate the public about the history, culture, and working conditions of these industries, as well as their impact and significance on the world. The museum utilizes the historic offshore drilling rig Mr. Charlie as a hands-on learning environment, providing formal classroom training and real-world experience for students. The institution aims to foster a deeper understanding of this Cajun-born industry's influence on a global scale.
Official website here: www.rigmuseum.com
Who is the CEO of International Petroleum Museum And Exposition Inc?
Virgil Allen is the President/Director of International Petroleum Museum And Exposition Inc.
Official website here: www.rigmuseum.com
What is the revenue of International Petroleum Museum And Exposition Inc?
International Petroleum Museum And Exposition Inc's revenue in 2022 was $288,964.
Official website here: www.rigmuseum.com
Who are the executives of International Petroleum Museum And Exposition Inc and what are their salaries?
The average compensation at International Petroleum Museum And Exposition Inc during 2022 was $27,300. There are 2 employees and 4 volunteers at International Petroleum Museum And Exposition Inc.
Here are 3 key members and their salaries:
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rigmuseum.com
Where can I find the form 990 for International Petroleum Museum And Exposition Inc?
International Petroleum Museum And Exposition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rigmuseum.com
Learn more at the official website: www.rigmuseum.com
Mission Statement of International Petroleum Museum And Exposition Inc
The International Petroleum Museum and Exposition Inc is dedicated to collecting, preserving, and interpreting artifacts and information related to the offshore oil and gas industries. Their mission is to educate the public about the history, culture, and working conditions of these industries, as well as their impact and significance on the world. This nonprofit organization, with a focus on the Cajun-born industries, uses the historic offshore drilling rig Mr. Charlie as a hands-on training area. Students are taught in formal classroom settings and gain practical experience in actual offshore work settings on the rig. Living on the rig provides students with a genuine offshore working and living experience, allowing them to fully understand the industries they are learning about.
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Impact
October, 2024
The International Petroleum Museum and Exposition Inc. makes a significant impact by preserving and interpreting the history and culture of the offshore oil and gas industries. Through its efforts, the museum educates the public on the working conditions and historical significance of these industries, highlighting their role in shaping global energy dynamics.
One of the museum's key features is the historic drilling rig, Mr. Charlie, which serves as a hands-on training area. This unique approach allows students to engage in formal classroom training while also gaining practical experience in real offshore work settings. By living on the rig, students receive an authentic offshore working environment, enhancing their understanding of the industry.
Moreover, the museum's educational programs not only inform visitors about the operations of the offshore sector but also underscore its cultural and economic importance, especially in the Cajun community where it is based. This holistic interpretation fosters a greater appreciation for the industry's contributions and challenges, ultimately enriching the public's knowledge and awareness of the offshore oil and gas sectors.
This information is meant to be a general summary of International Petroleum Museum And Exposition Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29,224
- Program Service Revenue: $16,708
- Gross Receipts: $344,255
Assets and Liabilities:
- Total Assets: $1,021,960
- Total Liabilities: $374,681
- Net Assets: $647,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tours
Revenue
$10,124
Training
Revenue
$6,574
Puzzle game app
Revenue
$10
Organization Details
Founding Year
1993
Phone
(985) 384-3744Principal Officer
Virgil Allen
Main Address
P O Box 1988, Morgan City, LA, 70381
Website
www.rigmuseum.comNTEE Category
Code: A570 - Arts
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