Oil Information Library Of Fort Worth is located in Fort Worth, TX. The organization was established in 1986. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oil Information Library Of Fort Worth 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 12/2023, Oil Information Library Of Fort Worth generated $78.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $95.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
25 LIBRARY MEMBERS, 15 DAY MEMBERS AND 50 TELEPHONE RESEARCH REQUESTS USED THE SERVICES OF THE LIBRARY DURING THE CALENDAR YEAR 2023.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Collin Moore President & Director | 8 | $0 | |
Rafael Zelaya Vice President & Director | 8 | $0 | |
Dennis Browning Treasurer & Director | 8 | $0 | |
Trey Cortez Secretary & Director | 8 | $0 | |
Jenny Hope Director | 4 | $0 | |
Nikki Berry Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,111 |
| Total Program Service Revenue | $9,020 |
| Membership dues | $64,709 |
| Investment income | $3,128 |
| Gain or Loss | $67 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $170 |
| Total Revenue | $78,205 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,372 |
| Professional fees and other payments to independent contractors | $2,255 |
| Occupancy, rent, utilities, and maintenance | $49,886 |
| Printing, publications, postage, and shipping | $21 |
| Other expenses | $5,705 |
| Total expenses | $95,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,998 |
| Other assets | $0 |
| Total assets | $359,578 |
| Total liabilities | $0 |
| Net assets or fund balances | $359,578 |
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