Glasstire EIN 04-3691617 Form 990 (PDF) Claim this org

Glasstire FY2020 filing

Not yet claimed Claim this org →

Covers Texas visual art through an online magazine. For fiscal year 2020 it reported $440K in revenue, $384K in expenses, and $256K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Houston, TX
Website
www.glasstire.com
Filings
5 on file (2020–2020)
Revenue
$440KFY2020
Expenses
$384K
Net assets
$256K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  04-3691617 Public charity (501(c)(3)) Houston, TX
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Glasstire claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Covers Texas visual art through an online magazine.
Leadership
Brandon Zech · Ed / Publisher · $52K
Money in and out
$440K revenue, $384K expenses
Bottom line
63% program efficiency
Where the money goes · FY2020
Total revenue
$440K
Pt VIII · Ln 12
Total expenses
$384K
Pt IX · Ln 25
Net assets
$256K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $56K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.18 Fundraising $0.18
Program efficiency
63%
of spending reaches programs
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$440K
FY2020
Expenses
$384K
FY2020
Total assets
$337K
FY2020
Total liabilities
$82K
FY2020
Total revenue
$440K
Pt VIII · Ln 12
Total expenses
$384K
Pt IX · Ln 25
Net assets
$256K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$56K
Total assetsPt X · Ln 16$337K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

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 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
Ed / Publisher
$51,700Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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.

See Glasstire executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $244K of program spending, described in the organization's own filed words · FY2020.
01

Glasstire is an award-winning online art magazine. We cover visual art throughout the state of Texas with original writing, videos, and podcasts. Our archive includes over 30,000 articles and events from the past 20 years.

$244Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$432K · 98%
Program service revenue$22K · 5%
Contributions & grants98%$432K
Program service revenue5%$22K
Investment income$4
— government grantsLn 1e$40K
Total revenueLn 12$440K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.18 Fundraising $0.18
Program services63%$244K
Management & general18%$70K
Fundraising18%$71K
Total functional expensesLn 25$384K

Balance Sheet

Part X · end of year
CashLn 1$288K
Total assetsLn 16$337K
Total liabilitiesLn 26$82K
Total net assetsLn 32$256K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $288K · Operating expenses (Pt IX) $384K · Less non-cash grants $29K · Cash operating expenses/yr $355K
9.7 months
Where the money goes
Program services
Program services $244K · Total expenses $384K
63%
Management & General
Management & general $70K · Total expenses $384K
18%
Fundraising
Fundraising $71K · Total expenses $384K
18%
Cost to raise $1
Fundraising expense $71K · Solicited contributions $392K
$0.18 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $432K · Total revenue $440K
98%
Government reliance
Government grants $40K · Total revenue $440K
9%
Earned-income share
Program service revenue $22K · Total revenue $440K
5%
Investment reliance
Investment income $4 · Total revenue $440K
<0.01%
Program self-sufficiency
Program service revenue $22K · Total expenses $384K
6%
Growth & trend
Revenue growth (YoY)
This year $440K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $256K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $440K · Expenses $384K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $337K
Net-asset ratio
Net assets $256K · Total assets $337K
76%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $337K
0%
People & payroll
Highest Reported Total Compensation
Individual Brandon Zech · Reported title ED / Publisher · Highest reported compensation $52K · Total expenses $384K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $237K · Total expenses $384K
62%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 18%
Fundraising cost ratio 16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

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 →

Similar Organizations

Closest in mission — by what they do
See all organizations like Glasstire →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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 · ⤓ 990 PDF
FY2023$570K revenue · ⤓ 990 PDF
FY2022$523K revenue · ⤓ 990 PDF
FY2021$467K revenue · ⤓ 990 PDF
FY2020$440K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.