Art Alliance For Contemporary Glass
- Assets
- $422.9k
- Revenue
- $261.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1989
- Data as of
- 12/2022
- EIN
- 38-2756805
Organization Overview
Art Alliance For Contemporary Glass is located in Dallas, TX. The organization was established in 1989. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Alliance For Contemporary 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, Art Alliance For Contemporary Glass generated $261.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $220.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Art Alliance For Contemporary Glass has awarded 53 individual grants totaling $376,367. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE DEVELOPMENT AND APPRECIATION OF ART MADE FROM GLASS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RUNS TOURS AND TALKS IN CONJUNCTION WITH THE COMMERCIALLY-SPONSORED ANNUAL S.O.F.A. EXHIBITION (SCULPTURE OBJECTS & FUNCTIONAL ARTS). THIS EXHIBITION FEATURES BOOTHS BY MANY COMMERCIAL GALLERIES, INCLUDING A SUBSTANTIAL NUMBER OF GALLERIES THAT FEATURE ART MADE FROM GLASS. THE ORGANIZATION CONDUCTS EDUCATIONAL PROGRAMS AND AWARD PRESENTATIONS TO SPECIFIC ARTISTS, RECOGNIZED COLLECTORS, AND OTHERS ASSOCIATED WITH GLASS ART. THE ORGANIZATION ALSO SPONSORS A FULL-DAY TOUR OF SEVERAL OUTSTANDING PRIVATE COLLECTIONS IN THE HOST CITY AREA DURING THE S.O.F.A. EXHIBITION. OTHER ACTIVITIES INCLUDE CITY VISITS TO COLLECTIONS, INDIVIDUAL ARTISTS, MUSEUMS, AND GALLERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurence Sibrack Immediate Past President | Trustee | 1 | $0 |
Demetra Theofanous President | OfficerTrustee | 3 | $0 |
Judith Ross Vice-President | OfficerTrustee | 2 | $0 |
Sharon Karmazin Grants Chair | OfficerTrustee | 2 | $0 |
John Solon Treasurer | OfficerTrustee | 2 | $0 |
Kendra Kasten Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $158,827 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,661 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,488 |
| Total Program Service Revenue | $54,117 |
| Investment income | $1,482 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,411 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $87,756 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $49,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,141 |
| Office expenses | $4,772 |
| Information technology | $14,153 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $48,231 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,252 |
| All other expenses | $220 |
| Total functional expenses | $220,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,993 |
| Savings and temporary cash investments | $298,948 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $422,941 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $66,700 |
| 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 | $0 |
| Total liabilities | $66,700 |
| Net assets without donor restrictions | $0 |
| 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 | $356,241 |
| Total liabilities and net assets/fund balances | $422,941 |
Grants Awarded
Over the last fiscal year, Art Alliance For Contemporary Glass has awarded $12,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONTEMPORARY CRAFT PURPOSE: SPRING 2022 CYCLE. | $5,500 |
WADSWORTH ATHENEUM MUSEUM OF ART PURPOSE: SPRING 2022 CYCLE. | $6,500 |