Skip to content
Nonprofiteer
← OFFSHORE TECHNOLOGY CONFERENCE INC

Form 990 for tax year 2024

Filed by OFFSHORE TECHNOLOGY CONFERENCE INC.

Totals

Total revenue
$13,573,581
Total expenses
$6,463,730
Contributions and grants received
$0
Grants paid
$10,000
Program service revenue
$13,426,822
Investment income
$146,759
Other revenue
$0
Total assets, end of year
$3,101,561
Total liabilities, end of year
$3,001,561
Net assets or fund balances, end of year
$100,000
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: OTC Houston

    total $13,426,822 · related or exempt $13,426,822

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $146,759 · excluded $146,759

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,000

  • 4 · Benefits paid to or for members

    total $0

  • 11a · Fees: management

    total $1,903,923

  • 11b · Fees: legal

    total $22,133

  • 11c · Fees: accounting

    total $47,572

  • 11g · Fees: other

    total $6,050

  • 12 · Advertising and promotion

    total $853,957

  • 13 · Office expenses

    total $533,927

  • 17 · Travel

    total $178,832

  • 19 · Conferences, conventions and meetings

    total $2,875,634

  • 23 · Insurance

    total $31,702

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,171,731 · end of year $219,616

  • 2 · Savings and temporary cash investments

    beginning of year $95,901 · end of year $510,546

  • 4 · Accounts receivable

    beginning of year $6,376,188 · end of year $1,144,652

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $291,120 · end of year $733,852

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $987,210 · end of year $492,895

  • 17 · Accounts payable and accrued expenses

    beginning of year $240,045 · end of year $188,630

  • 19 · Deferred revenue

    beginning of year $7,789,756 · end of year $2,271,277

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $792,349 · end of year $541,654

  • 27 · Net assets without donor restrictions

    beginning of year $100,000 · end of year $100,000

Mission and programs · 2024

Mission

THE OFFSHORE TECHNOLOGY CONFERENCE (OTC) IS WHERE ENERGY PROFESSIONALS MEET TO EXCHANGE IDEAS AND OPINIONS TO ADVANCE SCIENTIFIC AND TECHNICAL KNOWLEDGE FOR OFFSHORE RESOURCES AND ENVIRONMENTAL MATTERS.

Activities or mission (Part I)

OTC IS ORGANIZED AND OPERATED EXCLUSIVELY TO PROMOTE AND FURTHER THE ADVANCE OF SCIENTIFIC AND TECHNICAL KNOWLEDGE OF OFFSHORE RESOURCES AND RELATED ENVIRONMENTAL MATTERS.

  • OTC HOUSTON - THE OFFSHORE TECHNOLOGY CONFERENCE (OTC) IS WHERE ENERGY PROFESSIONALS MEET TO EXCHANGE IDEAS AND OPINIONS TO ADVANCE SCIENTIFIC AND TECHNICAL KNOWLEDGE FOR OFFSHORE RESOURCES AND ENVIRONMENTAL MATTERS. THE OTC EVENT WAS HELD IN HOUSTON, TX MAY 5-8, 2025.

As filed on the 2024 return.

Listed in Part VII

  • Alex Martinez

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dan McConnell

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Bob Warren

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carlos Mastrangelo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Donald Burris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doreen Chin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greg Kuzinski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jamie Allan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jerry Carroll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lirio Quintero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Neil Kavanaugh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rod Larson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sandeep Khurana

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Scott Chitwood

    Director (start: 05/24)

    Total calculated
    $0
    Hours/week
    1

  • Amanda Rushing

    Executive Director

    Total calculated
    $0
    Hours/week
    10

  • Steve Byrne

    CFO

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
15 June 2026
IRS schema version
2024v5.1
Source object
202631669349300433

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.