Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “To collect, preserve, catalog and exhibit scientific, geological and engineering data gathered by the petroleum industry - to be a working library for use by industry professionals, educators, students and other members of the interested public.”.

Their activities were defined as: “Midland energy library was established to house and preserve scientific petroleum data for present and future researchers and explorationists in the oil and gas industry.”.

• As per legal requirements, the non-profit's state of operation is reported as TX.
• The non-profit's address in 2020 as per the filing is 2900 W FRONT STREET, Midland, TX, 79701.
• The form of the non-profit organization shows 5 employees as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $250,000 and $500,000.
• Revenue is between $250,000 and $500,000.
• Revenue less expenses is -$36,648.
• The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
• The organization has 15 independent voting members.
• The organization was formed in 1984.
• The organization is required to file Schedule O.
• The organization's financial statements were compiled or reviewed by an accountant.
• The organization pays $274,219 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.