Glasstire EIN 04-3691617

Glasstire

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Covers Texas visual art through an online magazine. For fiscal year 2024 it reported $556K in revenue, $521K in expenses, and $604K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Houston, TX
Website
www.glasstire.com
Filings
5 on file (2020–2024)
Revenue
$556KFY2024
Expenses
$521K
Net assets
$604K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  04-3691617 Public charity (501(c)(3)) Houston, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Covers Texas visual art through an online magazine.
Leadership
Brandon Zech · Executive Dir / Publisher · $78K
Money in and out
$556K revenue, $521K expenses
Bottom line
76% program efficiency
Where the money goes · FY2024
Total revenue
$556K
Pt VIII · Ln 12
Total expenses
$521K
Pt IX · Ln 25
Net assets
$604K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.15 Fundraising $0.08
Program efficiency
76%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
13.2mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▼ -66% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$556K
FY2024▼ -3%
Expenses
$521K
FY2024▲ +12%
Total assets
$622K
FY2024▲ +7%
Total liabilities
$19K
FY2024▲ +52%
Total revenue
$556K
Pt VIII · Ln 12
Total expenses
$521K
Pt IX · Ln 25
Net assets
$604K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$622K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $398K of program spending, described in the organization's own filed words · FY2024.
01

Glasstire is an award-winning online art magazine. We cover visual art throughout Texas with original writing, videos, and podcasts. Our archive includes over 30,000 articles and events from the past 24 years.With an audience of hundreds of thousands of readers annually, we are the publication of record for visual art in Texas.

$398Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlasstire
EINHdr · item D04-3691617
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.glasstire.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A40)
Ruling yearIRS BMFJul 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir / Publisher
$77,773Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Former President
$0Pt VII · Sec A

Brandon Zech’s $78K as Executive Dir / Publisher is at the 73rd percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Brandon Zech$77,773$75,167$65,285$57,850$51,700
Rainey Knudson$5,500$13,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$569K · 102%
Investment income$20K · 4%
Contributions & grants102%$569K
Investment income4%$20K
— government grantsLn 1e$54K
Total revenueLn 12$556K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.15 Fundraising $0.08
Program services76%$398K
Management & general15%$81K
Fundraising8%$43K
Total functional expensesLn 25$521K

Balance Sheet

Part X · end of year
CashLn 1$96K
Total assetsLn 16$622K
Total liabilitiesLn 26$19K
Total net assetsLn 32$604K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $538K · Operating expenses (Pt IX) $521K · Less non-cash grants $33K · Cash operating expenses/yr $488K
13.2 months
Where the money goes
Program services
Program services $398K · Total expenses $521K
76%
Management & General
Management & general $81K · Total expenses $521K
15%
Fundraising
Fundraising $43K · Total expenses $521K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $40K · Solicited contributions (3-yr avg) $510K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $569K · Total revenue $556K
102%
Government reliance
Government grants $54K · Total revenue $556K
10%
Earned-income share
Program service revenue $0 · Total revenue $556K
0%
Investment reliance
Investment income $20K · Total revenue $556K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $521K
0%
Growth & trend
Revenue growth (YoY)
This year $556K · Prior year $570K
-3%
Revenue CAGR
FY2020 $440K · FY2024 $556K
+6%
Net-asset trend (YoY)
End of year $604K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $556K · Expenses $521K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $622K
Net-asset ratio
Net assets $604K · Total assets $622K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $442K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $622K
71%
People & payroll
Highest Reported Total Compensation
Individual Brandon Zech · Reported title Executive Dir / Publisher · Highest reported compensation $78K · Total expenses $521K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $293K · Total expenses $521K
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 15%
Fundraising cost ratio 8%
Revenue growth -3%
Legal fee ratio 0.08%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$556K revenue · viewing · ⤓ 990 PDF
FY2023$570K revenue · ⤓ 990 PDF
FY2022$523K revenue · ⤓ 990 PDF
FY2021$467K revenue · ⤓ 990 PDF
FY2020$440K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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