Bay Area Glass Institute Inc
- Assets
- $1.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 17
- Location
- San Jose, CA
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 77-0444349
Organization Overview
Bay Area Glass Institute Inc is located in San Jose, CA. The organization was established in 1997. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Bay Area Glass Institute Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Glass Institute Inc 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, Bay Area Glass Institute Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 8.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BAY AREA GLASS INSTITUTE'S (BAGI) MISSION IS TO MAKE THE CELEBRATION OF GLASS ART ACCESSIBLE TO ALL AND TO PROVIDE CONTINUED ARTISTIC AND EDUCATIONAL GROWTH TO ARTIST, PATRONS, AND THE COMMUNITY IN THE NORTHERN CALIFORNIA BAY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAGI'S FOCUS IS TO PROVIDE FACILITIES TO LOCAL ARTIST TO DEVELOP THEIR CRAFT AND MAKE GLASS ART ACCESSIBLE TO THE PUBLIC. THE BAGI FACILITY CONSISTS OF THE HOT SHOP WITH TWO WORK STATIONS, A WORK AREA FOR GLASS FUSING, AND WORK AREA FOR TORCH WORKING, COLD WORKING EQUIPMENT, THE GALLERY, THE GIFT SHOP, AND STORAGE AREAS FOR THE ARTISTS AND STUDENTS. THE FACILITY IS AVAILABLE 7 DAYS A WEEK FROM 8AM TO 10PM FOR ARTISTS TO WORK. BECAUSE MOST EMERGING ARTISTS HOLD OTHER JOBS TO SUPPORT THEMSELVES, IT IS CRITICAL THAT THE FACILITY IS OPEN EVENINGS AND WEEKENDS. BAGI FACILITIES PROVIDE CLASSES TO BEGINNING ARTISTS AND THE GENERAL PUBLIC IN GLASS, BLOWING, FUSING, AND TORCH WORKING. BAGI HIRES AS EMPLOYEES THE BAGI ARTISTS TO TEACH AND "TA" THESE CLASSES. BAGI ADDITIONALLY PROVIDES PRACTICE TIME AT REDUCED RATES TO OUR STUDENTS TO ASSIST OUR STUDENTS TO DEVELOP THEIR SKILLS. BAGI'S ANNUAL PUBLIC ACCESS PROGRAMS INCLUDE THE GREAT GLASS PUMPKIN PATCH IN PALO ALTO, SANTANA ROW PUMPKIN PATCH, VISITING ARTIST SERIES, AND HOLIDAY GLASS AND ORNAMENT SALE. SOLID PLANNING, BUDGETING AND MARKETING ALONG WITH STRONG ARTIST SUPPORT ALLOWED BAGI TO CREATE WELL-ATTENDED, PUBLICLY ACCESSIBLE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Corneille Exec Director | Officer | 40 | $87,000 |
Lucie Ramos At Large | Trustee | 2 | $0 |
Steven Aldrich Chairman | OfficerTrustee | 2 | $0 |
Raghav Iyengar At Large | Trustee | 2 | $0 |
Treg Silkwood At Large | Trustee | 2 | $0 |
Renee Carpenter Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $152,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,601 |
| Total Program Service Revenue | $1,266,500 |
| Investment income | $23,168 |
| 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 | $1,489,269 |
| 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. | $87,000 |
| Compensation of current officers, directors, key employees. | $77,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $434,428 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $42,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,997 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $215,662 |
| Advertising and promotion | $20,688 |
| Office expenses | $4,187 |
| Information technology | $11,781 |
| Royalties | $0 |
| Occupancy | $12,290 |
| Travel | $7,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,963 |
| Interest | $1,263 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,279 |
| Insurance | $20,317 |
| All other expenses | $44,749 |
| Total functional expenses | $1,301,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $839,727 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,560 |
| 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 | $82,824 |
| Net Land, buildings, and equipment | $782,291 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,720,402 |
| Accounts payable and accrued expenses | $9,417 |
| 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 | $31,106 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $61,368 |
| Total liabilities | $101,891 |
| Net assets without donor restrictions | $1,618,511 |
| 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 | $1,720,402 |