Museum Of Glass
- Assets
- $26.1m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 66
- Location
- Tacoma, WA
- Founding
- 01/1996
- Data as of
- 06/2022
- EIN
- 91-1669422
Organization Overview
Museum Of Glass is located in Tacoma, WA. The organization was established in 1996. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Museum Of Glass employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 06/2022, Museum Of Glass generated $4.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $4.7m during the year ending 06/2022. 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
A SIGNATURE GLASSMAKING VENUE SHAPING THE FUTURE OF GLASS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM CURATORIAL & EXHIBITION PROGRAMS: GALLERY SERVICES; PERIODIC FINE ART EXHIBITIONS FOR THE PURPOSE OF PROMOTING GLASS AS AN ART FORM IN ORDER TO HELP OUR VISITORS GAIN AN APPRECIATION FOR GLASSMAKOING AND TO INSPIRE THEIR OWN CREATIVITY.
ART MUSEUM AUDIENCE SERVICES: AFTER HOURS SPECIAL PROGRAMMING: PROVIDES THE MUSEUM EXPERIENCE TO INDIVIDUALS IN SPECIAL AFTER-HOURS PROGRAMS, BOTH AS PUBLIC AND PRIVATE EVENTS. THESE PROGRAMS ARE PART OF OUR MISSION TO INSPIRE VISITOR CREATIVITY AND ENRICH THEIR LIVES.
VISUAL ARTS PROGRAM, EDUCATION SERVICES: STRUCTURED EDUCATIONAL PROGRAMS, INCLUDING TOURS, LECTURES, PERFORMANCES, VIDEOS AND HANDS-ON ART PRODUCTION FOR BOTH CHILDREN AND ADULTS OF ALL AGES AND ECONOMIC CIRCUMSTANCES ARE OFFERED YEAR-ROUND. THE MUSEUM COLLABORATES WITH SCHOOLS, INSTITUTIONS OF HIGHER LEARNING, MEMBERS OF THE ART COMMUNITY, THE U.S. MILITARY, AND SOCIAL SERVICE AGENCIES TO ENSURE THAT THE MUSEUM EXPERIENCE IS ACCESSIBLE TO EVERYONE.
VISUAL ARTS PROGRAM, GENERAL: THE CENTERPIECE OF THE MUSEUM IS THE HOT SHOP, WHERE VISITORS CAN OBSERVE GLASSMAKING, AND LEARN HOW VISITING ARTISTS TRANSFORM MOLTEN GLASS INTO BEAUTIFUL OBJECTS OF GLASS ART. WE INVITE GLASSMAKERS AND ARTISTS FROM OTHER MEDIUMS TO WORK IN THE HOT SHOP, WHERE THE MUSEUM'S HOT SHOP TEAM SUPPORTS THE ARTISTS' EFFORTS TO DEEPEN THEIR UNDERSTANDING OF GLASSMAKING AND IMPROVE THEIR SKILL IN GLASSMAKING. THIS PROMOTES GLASS ART, EDUCATES AND ENTERTAINS THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walt Riehl Chair | OfficerTrustee | 3 | $0 |
Todd Gilman Secretary | OfficerTrustee | 3 | $0 |
Janet Kruzel Treasurer | OfficerTrustee | 3 | $0 |
Kenneth Farmer Vice Chair | OfficerTrustee | 3 | $0 |
Gail T Weyerhaeuser Board Member | Trustee | 3 | $0 |
Leilee Weyerhaeuser Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $76,960 |
| Fundraising events | $595,655 |
| Related organizations | $0 |
| Government grants | $943,044 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,079,954 |
| Noncash contributions included in lines 1a–1f | $12,649 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,695,613 |
| Total Program Service Revenue | $964,456 |
| Investment income | $236,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,500 |
| Net Gain/Loss on Asset Sales | $125,851 |
| Net Income from Fundraising Events | -$71,673 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $491,658 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,454,780 |
| 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. | $321,481 |
| Compensation of current officers, directors, key employees. | $54,935 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,721,459 |
| Pension plan accruals and contributions | $67,378 |
| Other employee benefits | $185,183 |
| Payroll taxes | $196,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,684 |
| Advertising and promotion | $43,123 |
| Office expenses | $304,819 |
| Information technology | $140,371 |
| Royalties | $0 |
| Occupancy | $295,045 |
| Travel | $21,451 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31,447 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $639,099 |
| Insurance | $156,416 |
| All other expenses | $0 |
| Total functional expenses | $4,662,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $970,715 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $44,922 |
| 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 | $102,033 |
| Prepaid expenses and deferred charges | $73,724 |
| Net Land, buildings, and equipment | $16,386,974 |
| Investments—publicly traded securities | $8,259,200 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $296,027 |
| Total assets | $26,133,595 |
| Accounts payable and accrued expenses | $212,011 |
| Grants payable | $0 |
| Deferred revenue | $72,435 |
| 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 | $967,047 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,500 |
| Total liabilities | $1,253,993 |
| Net assets without donor restrictions | $16,889,927 |
| Net assets with donor restrictions | $7,989,675 |
| 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 | $26,133,595 |