Glade Arts Foundation

The Woodlands, TX · Unknown exempt organization

✕ IRS exemption revoked
Revenue
$260K
+409% vs prior year
Spent
$108K
To programs
3%
Net assets
$102K
By yearFY2020–FY2021
Revenue
$260K
FY2021▲ +409%
Revenue by fiscal year
FY2020$51K
FY2021$260K
Expenses
$108K
FY2021▼ -26%
Expenses by fiscal year
FY2020$146K
FY2021$108K
Net assets
$102K
FY2021▲ +268%
Net assets by fiscal year
FY2020−$61K
FY2021$102K

From the FY2021 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2025

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list.
Can I give now?
No — exemption revoked (2025-05-15)
On the IRS revocation list.
Filing up to date?
No filing since FY2021 — 5 yrs
Legal name (IRS)Hdr · item CGlade Arts Foundation
EINHdr · item D82-1089324
Exempt statusHdr · item IRevoked
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CThe Woodlands, TX
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jgladeartsfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.03 Management & general $0.97
Program services3%$3K
Management & general97%$104K
Total functional expensesLn 25$108K

Financial health

Is it on solid ground?

Surplus margin
+59%
revenue over expenses, this year▲ +132% vs prior filing year
Program spending
3%
of expenses reach programs▼ -86% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$458K
FY2021▲ +2%
Total assets by fiscal year
FY2020$449K
FY2021$458K
Total liabilities
$356K
FY2021▼ -30%
Total liabilities by fiscal year
FY2020$510K
FY2021$356K
Revenue less expensesPt I · Ln 19$153K
Total assetsPt X · Ln 16$458K
Program-expense ratioPt IX · col B3%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$458K
Total liabilitiesLn 26$356K
Total net assetsLn 32$102K
Months of cash on handcomputed0.4

Statement of Revenue

Part VIII
Other revenue$248K · 95%
Contributions & grants$12K · 5%
Other revenue95%$248K
Contributions & grants5%$12K
Total revenueLn 12$260K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $108K
0.4 months
Where the money goes
Program services
Program services $3K · Total expenses $108K
3%
Management & General
Management & general $104K · Total expenses $108K
97%
Fundraising
Fundraising $0 · Total expenses $108K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $30K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $12K · Total revenue $260K
5%
Government reliance
Government grants — · Total revenue $260K
—
Earned-income share
Program service revenue $0 · Total revenue $260K
0%
Investment reliance
Investment income $0 · Total revenue $260K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $108K
0%
Growth & trend
Revenue growth (YoY)
This year $260K · Prior year $51K
+409%
Net-asset trend (YoY)
End of year $102K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $260K · Expenses $108K
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $458K
—
Net-asset ratio
Net assets $102K · Total assets $458K
22%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $458K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jo Lynne Beverly · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $108K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $108K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 3%——
Overhead ratio 97%——
Fundraising cost ratio 0%——
Revenue growth 409%——
Legal fee ratio 5%——
Accounting fee ratio 3%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
VP of Arts P
$0Pt VII · Sec A
See Glade Arts Foundation executive salaries →

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

Governance & Policies

Part VI
  • 2Voting board membersPt VI · Ln 1a
  • 2Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Offers accessible fine arts experiences through education, scholarships, public art, and exhibits.

Provided by the organization

This section is blank until Glade Arts Foundation claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $3K of program spending, described in the organization's own filed words · FY2021.
01

Public programs. Rotational art exhibits on display at the foundation

$3Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2021 Latest Viewing $260K$108K+409% 990 PDF
FY2020 $51K$146K 990 PDF

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

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Glade Arts Foundation →

Run this organization? Claim this page

Compare

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.