Glass Packaging Institute
- Assets
- $1.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Arlington, VA
- Founding
- 09/1946
- Data as of
- 12/2022
- EIN
- 13-1524721
Organization Overview
Glass Packaging Institute is located in Arlington, VA. The organization was established in 1946. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Glass Packaging Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glass Packaging Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Glass Packaging Institute generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE CONTINUED GROWTH & ACCEPTANCE OF GLASS CONTAINERS AS DESIRABLE, ECONOMICAL & COMPETITIVE PACKAGES FOR BEVERAGES, FOODS & OTHER COMMODITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS - TO PROMOTE THE BENEFITS OF GLASS PACKAGING TO GLASS CONTAINER CUSTOMERS AND CONSUMERS AS THE OPTIMAL PACKAGING CHOICE FOR HEALTH, THE ENVIRONMENT AND SHELF APPEAL.
GOVERNMENT AFFAIRS - TO PROTECT AND DEFEND THE GLASS CONTAINER INDUSTRYAGAINST REGULATIONS IMPACTING THE COST OF MANUFACTURING IN THE UNITEDSTATES.
MEMBER SERVICES - CONVENE MEMBERS AND DEVELOP PROGRAMS IN SUPPORT OFNORTH AMERICA'S GLASS CONTAINER MANUFACTURING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Dodds Trustee | Trustee | 1 | $0 |
John Sadlier Trustee | Trustee | 1 | $0 |
Nigel Dart Trustee | Trustee | 1 | $0 |
Nipesh Shah Trustee | Trustee | 1 | $0 |
Tim Connors Board Chairman | Trustee | 1 | $0 |
Robert Kunkle Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pace Llp Government Relations | 12/30/22 | $226,862 |
Edelstein Gilbert Robson And Smith Lobbying Services | 12/30/22 | $101,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,985,050 |
| Investment income | $57 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $129,492 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,114,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $271,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,533 |
| Fees for services: Accounting | $51,658 |
| Fees for services: Lobbying | $191,756 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $369,254 |
| Advertising and promotion | $200,738 |
| Office expenses | $35,450 |
| Information technology | $18,683 |
| Royalties | $0 |
| Occupancy | $11,247 |
| Travel | $59,521 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,405 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,566 |
| All other expenses | $142,911 |
| Total functional expenses | $2,082,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $763,573 |
| Savings and temporary cash investments | $294,646 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,903 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,011 |
| Prepaid expenses and deferred charges | $35,594 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,600 |
| Total assets | $1,176,327 |
| Accounts payable and accrued expenses | $219,089 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $219,530 |
| Total liabilities | $438,619 |
| Net assets without donor restrictions | $737,708 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,176,327 |