The Corning Museum Of Glass is located in Corning, NY. The organization was established in 1952. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Corning Museum Of Glass employed 202 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corning Museum Of Glass 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 12/2022, Corning Museum Of Glass generated $44.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $40.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE PEOPLE TO SEE GLASS IN A NEW LIGHT.
Describe the Organization's Program Activity:
CURATORIAL, EXHIBITIONS AND RESEARCH - THE CURATORIAL DEPARTMENT, WHICH IS DIVIDED INTO FOUR COLLECTING AREAS, STEWARDS, DISPLAYS AND INTERPRETS THE WORLD'S MOST COMPREHENSIVE COLLECTION OF GLASS ART, HISTORY, SCIENCE AND TECHNOLOGY IN FOUR MAIN PERMANENT GALLERIES, AND THROUGH SPECIAL EXHIBITIONS, PROGRAMS AND PUBLICATIONS. IN 2022, THE MUSEUM HOSTED ONE MAJOR EXHIBITION AND FOUR MINOR EXHIBITIONS. THE MUSEUM CONTINUED TO INVEST IN RESEARCH RESIDENCIES AND GRANTS AND PUBLISHED TWO ANNUAL JOURNALS AND ONE BOOK. THE RAKOW RESEARCH LIBRARY, THE WORLD'S FOREMOST LIBRARY ON THE ART, HISTORY, AND SCIENCE OF GLASS AND GLASSMAKING COLLECTS, PRESERVES, AND PROVIDES ACCESS TO GENERAL AND SPECIAL COLLECTIONS RANGING FROM MEDIEVAL MANUSCRIPTS TO THE LATEST INFORMATION ON STUDIO GLASS. IN 2022, THE LIBRARY ACQUIRED 1,189 NEW TITLES IN PRIORITY COLLECTING AREAS AND ADDED SIGNIFICANT ARCHIVAL COLLECTIONS ON GLASSMAKING, ARTISTS, MANUFACTURERS, AND SCIENCE. WE SERVED 4,500 PATRONS ONLINE AND ONSITE FROM 43 STATES AND 24 COUNTRIES, HOSTING RESIDENTS, GRANT RECIPIENTS, AND OTHER RESEARCHERS ONSITE AS WELL AS PROVIDING REMOTE ACCESS TO OUR COLLECTIONS THROUGH OUR DIGITIZATION PROGRAM, INTERLIBRARY LOAN, AND VIRTUAL REFERENCE SERVICES TOTALING 750,000 VIEWS OF OUR ONLINE RESOURCE GUIDES.
STUDIO, EDUCATION AND OUTREACH - THE MUSEUM EDUCATES PEOPLE OF ALL AGESIN A DIVERSITY OF TOPICS ABOUT GLASS. OUR GLASSMAKING SCHOOL, THE STUDIO, PROVIDES CLASSES, RESIDENCIES, LIVE ONLINE PROGRAMMING AND SCHOLARSHIPS AND RESIDENCIES TO ARTISTS AND SCHOLARS AROUND THE WORLD. IN 2022, THE MUSEUM HOSTED 1,357 STUDENTS IN A VARIETY OF CLASSES AND SUPPORTED ARTISTS THROUGH NINE RESIDENCIES. ON A DAILY BASIS, THE MUSEUM PROVIDES A VARIETY OF GLASSMAKING DEMONSTRATIONS FOR OUR VISITORS WHICH ENABLES THEM TO OBSERVE AND LEARN ABOUT THE ART, SCIENCE, TECHNOLOGY AND PROPERTIES OF GLASS. THE MUSEUM EXPANDS THIS LEARNING BY PROVIDING HOT GLASS OUTREACH PROGRAMS WHEREBY WE TAKE OUR STAFF ARTISTS AND MOBILE GLASSMAKING DEMONSTRATION EQUIPMENT INTO A VARIETY OF VENUES. THE MUSEUM ALSO PROVIDES PROGRAMS ENABLING OUR VISITORS TO PARTICIPATE IN A VARIETY OF UNIQUE HANDS-ON GLASSMAKING EXPERIENCES. IN 2022, A QUARTER OF OUR INDIVIDUAL AND FAMILY VISITORS ENGAGED IN ONE OF THESE GLASSMAKING EXPERIENCES. OUR EDUCATION DEPARTMENT PLAYS AN IMPORTANT ROLE IN PROVIDING PROGRAMS FOR ALL GUESTS, AS WELL AS STUDENTS IN OUR LOCAL SCHOOL SYSTEMS. IN 2022, THE MUSEUM HOSTED 4,410 SCHOOL CHILDREN ON FIELD TRIPS TO THE MUSEUM.
MUSEUM SHOPS - THE MUSEUM'S SHOPS ARE DESIGNED TO REFLECT AND ENHANCE THE EXPERIENCE OF THE COLLECTION. THE SHOPS INCLUDE PRODUCTS FROM AROUND THE GLOBE AND MANY WORKS PRODUCED LOCALLY AND REGIONALLY BY A VARIETY OF ARTISTS. THERE IS A WIDE ARRAY OF PRODUCTS INCLUDING FINE ART, STEUBEN, KITCHENWARE, JEWELRY, COLLECTIBLES AND BOOKS AND VIDEOS, OFFERED IN OUR ALMOST 20,000-SQUARE-FOOT SHOP, AS WELL AS IN OUR ONLINE SHOPS AND STEUBEN STORES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey W Evenson Chair Of The Board | OfficerTrustee | 2 | $0 |
James B Flaws Vice Chair | OfficerTrustee | 2 | $0 |
Marianne W Young Secretary | OfficerTrustee | 2 | $0 |
Mark S Rogus Treasurer | OfficerTrustee | 2 | $0 |
Randi L Hewit Board Member | Trustee | 1 | $0 |
James D Houghton Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lechase Constuction Services Llc Construction | 12/30/22 | $391,685 |
East Shore Marketing Llc Marketing/advertising | 12/30/22 | $982,685 |
Wet Dog Glass Glass Equipment Maint. | 12/30/22 | $271,662 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $241,094 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $198,329 |
All other contributions, gifts, grants, and similar amounts not included above | $29,383,516 |
Noncash contributions included in lines 1a–1f | $140,201 |
Total Revenue from Contributions, Gifts, Grants & Similar | $29,822,939 |
Total Program Service Revenue | $6,461,212 |
Investment income | $1,332,182 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $4,678 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $619,435 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $6,432,418 |
Miscellaneous Revenue | $0 |
Total Revenue | $44,735,529 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $12,657 |
Grants and other assistance to Foreign Orgs/Individuals | $16,900 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,203,631 |
Compensation of current officers, directors, key employees. | $1,203,631 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,539,152 |
Pension plan accruals and contributions | $1,055,636 |
Other employee benefits | $2,180,804 |
Payroll taxes | $823,849 |
Fees for services: Management | $0 |
Fees for services: Legal | $123,325 |
Fees for services: Accounting | $83,771 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,775,208 |
Advertising and promotion | $1,331,277 |
Office expenses | $3,558,839 |
Information technology | $851,271 |
Royalties | $0 |
Occupancy | $4,904,438 |
Travel | $830,740 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $40,041 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $735,262 |
Insurance | $178,780 |
All other expenses | $0 |
Total functional expenses | $40,863,650 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $298,946 |
Savings and temporary cash investments | $15,585,765 |
Pledges and grants receivable | $4,932,122 |
Accounts receivable, net | $181,363 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,447,693 |
Prepaid expenses and deferred charges | $744,386 |
Net Land, buildings, and equipment | $5,062,666 |
Investments—publicly traded securities | $56,146,966 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $612,281 |
Total assets | $85,012,188 |
Accounts payable and accrued expenses | $3,425,684 |
Grants payable | $0 |
Deferred revenue | $640,294 |
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 | $862,997 |
Total liabilities | $4,928,975 |
Net assets without donor restrictions | $67,408,969 |
Net assets with donor restrictions | $12,674,244 |
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 | $85,012,188 |