Civic Intelligence

Glasstire

990 • Fiscal year 2013 • EIN 04-3691617

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 11, 2014

PO Box 70408Houston, TX 77270

(713) 850-0939

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

94th percentile

$56,719

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

83rd percentile

44%

Faster asset growth than 83% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2013

Assets

Up

$125,010

Up $38,269 (+44%) from 2012

Net Assets

Up

$117,769

Up $40,234 (+52%) from 2012

Liabilities

Down

$7,241

Down $1,965 (-21%) from 2012

Revenue

$303,616

No earlier filing loaded for comparison.

Expenses

Up

$263,382

Up $24,520 (+10%) from 2012

Net Income

$40,234

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $20,350Liabilities 2010: $1,856Net Assets 2010: $18,4942010Assets 2011: $8,412Liabilities 2011: $4,909Net Assets 2011: $3,5032011Assets 2012: $86,741Liabilities 2012: $9,206Net Assets 2012: $77,5352012Assets 2013: $125,010Liabilities 2013: $7,241Net Assets 2013: $117,7692013Assets 2014: $126,314Liabilities 2014: $5,520Net Assets 2014: $120,7942014Assets 2015: $90,921Liabilities 2015: $6,223Net Assets 2015: $84,6982015Assets 2016: $129,232Liabilities 2016: $5,612Net Assets 2016: $123,6202016Assets 2017: $133,951Liabilities 2017: $4,706Net Assets 2017: $129,2452017Assets 2018: $315,909Liabilities 2018: $83,696Net Assets 2018: $232,2132018Assets 2019: $208,118Liabilities 2019: $8,671Net Assets 2019: $199,4472019Assets 2020: $337,390Liabilities 2020: $81,763Net Assets 2020: $255,6272020Assets 2021: $386,693Liabilities 2021: $39,176Net Assets 2021: $347,5172021Assets 2022: $476,412Liabilities 2022: $11,534Net Assets 2022: $464,8782022Assets 2023: $581,399Liabilities 2023: $12,225Net Assets 2023: $569,1742023Assets 2024: $622,475Liabilities 2024: $18,630Net Assets 2024: $603,8452024

Highlighted filing

2013

Assets$125,010
Liabilities$7,241
Net Assets$117,769

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $215,8222010Revenue 2011: $219,186Expenses 2011: $234,177Net Income 2011: -$14,9912011Expenses 2012: $238,8622012Revenue 2013: $303,616Expenses 2013: $263,382Net Income 2013: $40,2342013Revenue 2014: $325,754Expenses 2014: $319,990Net Income 2014: $5,7642014Revenue 2015: $324,445Expenses 2015: $360,541Net Income 2015: -$36,0962015Revenue 2016: $369,422Expenses 2016: $330,500Net Income 2016: $38,9222016Revenue 2017: $384,919Expenses 2017: $379,294Net Income 2017: $5,6252017Revenue 2018: $518,572Expenses 2018: $415,604Net Income 2018: $102,9682018Revenue 2019: $436,194Expenses 2019: $468,960Net Income 2019: -$32,7662019Revenue 2020: $440,266Expenses 2020: $384,086Net Income 2020: $56,1802020Revenue 2021: $466,683Expenses 2021: $374,793Net Income 2021: $91,8902021Revenue 2022: $523,019Expenses 2022: $405,658Net Income 2022: $117,3612022Revenue 2023: $570,363Expenses 2023: $466,219Net Income 2023: $104,1442023Revenue 2024: $555,577Expenses 2024: $521,196Net Income 2024: $34,3812024

Highlighted filing

2013

Revenue$303,616
Expenses$263,382
Net Income$40,234
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 11, 2014
Return Version
2013v3.1
Gross Receipts
$362,491
Mission and Program Overview

Mission

Glasstire is a website about visual art in Texas. Our mission is to expand the conversation about visual art in Texas.

Glasstire is one of the oldest arts websites in the country. Glasstire commissions original essays, articles and videos, posts daily news, and maintains comprehensive, edited event listings of visual art events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$77,535$117,769▲ $40,234
Cash and Non-Interest-Bearing Accounts$57,112$97,601▲ $40,489
Accounts Receivable$29,629$27,409▼ $2,220
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$86,741$125,010▲ $38,269
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$9,206$7,241▼ $1,965
Total Liabilities$9,206$7,241▼ $1,965
Net Assets / Fund Balance
Total Net Assets Fund Balance$77,535$117,769▲ $40,234
Total Liabilities and Net Assets / Fund Balance$86,741$125,010▲ $38,269
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rainey KnudsonExecutive DirectorFT$48,000$8,719$56,719

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$296,241
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,375
All Other Contributions
$212,330
Change in Net Assets
$40,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,321
Salaries, Compensation, and Employee Benefits$122,061
Total Fundraising Expense$51,653
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$57,622$800-$58,422
Other Salaries and Wages$23,046$11,523$23,046$57,615
Current Officers, Directors, Trustees, and Key Employees$22,688$11,343$22,688$56,719
Information Technology$42,716--$42,716
Advertising$12,463$1,049-$13,512
Travel$10,724--$10,724
Office Expenses$4,002$945$3,355$8,302
Payroll Taxes$7,727--$7,727
Insurance-$2,092-$2,092
Other Expenses$1,573-$2,564$1,573
Fees for Services Accounting-$1,000-$1,000
Conferences and Meetings$397--$397
Interest-$19-$19
Total Functional Expenses$182,958$28,771$51,653$263,382
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,250
Fundraising Direct Expenses$58,875
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$132,921$66,250$46,154$20,096
Total Events$132,921$66,250$58,875$7,375
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Executive Director reviews the 990 prior to providing a copy to the board and filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are asked to review and sign the conflict of interest policy annually.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Comparables, length of time since changes to salary, and overall health of the organization are considered when determining the Executive Director's salary. The Treasurer and President must approve any changes to the Executive Director's salary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request.

Filing and Contact Details

Filer

EIN
04-3691617
Phone
7138500939

Signing Officer

Name
Rainey Knudson
Title
Executive Director
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rainey Knudson
Formed
2001
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
15
Employees
4
Volunteers
10

Preparer

Preparer
Jody Blazek
Phone
7134395739
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt042716
IRS990/InformationTechnologyGrp/TotalAmt042716
IRS990/InsuranceGrp/ManagementAndGeneralAmt02092
IRS990/InsuranceGrp/TotalAmt02092
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt019
IRS990/InterestGrp/TotalAmt019
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Glasstire is a website about visual art in Texas and Southern California. Our mission is to grow the audience for visual art in America, via our network of websites.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt077535
IRS990/NetAssetsOrFundBalancesEOYAmt0117769
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07375
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07375
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt03355
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0945
IRS990/OfficeExpensesGrp/ProgramServicesAmt04002
IRS990/OfficeExpensesGrp/TotalAmt08302
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Other Event expenses
IRS990/OtherExpensesGrp/Desc1Dues & subscriptions
IRS990/OtherExpensesGrp/FundraisingAmt02564
IRS990/OtherExpensesGrp/ProgramServicesAmt01573
IRS990/OtherExpensesGrp/TotalAmt02564
IRS990/OtherExpensesGrp/TotalAmt11573
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023046
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023046
IRS990/OtherSalariesAndWagesGrp/TotalAmt057615
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07727
IRS990/PayrollTaxesGrp/TotalAmt07727
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Rainey Knudson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0299580
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0113026
IRS990/PYOtherRevenueAmt013314
IRS990/PYRevenuesLessExpensesAmt074032
IRS990/PYSalariesCompEmpBnftPaidAmt0124836
IRS990/PYTotalExpensesAmt0238862
IRS990/PYTotalRevenueAmt0312894
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt040234
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt077535
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0117769
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0296241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0299580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0214343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0219027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01185539
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74700
IRS990ScheduleA/PublicSupportPY170Pct00.73200
IRS990ScheduleA/PublicSupportTotal170Amt0885631
IRS990ScheduleA/SubstantialContributorsTotAmt0299908
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0296241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0299580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0214343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0219027
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0156348
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01185539
IRS990ScheduleA/TotalSupportAmt01185539
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt066671
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt066671
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058875
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0650
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0650

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$0.19$6.04$5.56$5.21$0.34
2023Detailed filing. Detailed filing data is available for this year.$5.81$0.12$5.69$5.70$4.66$1.04
2022Detailed filing. Detailed filing data is available for this year.$4.76$0.12$4.65$5.23$4.06$1.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$0.39$3.48$4.67$3.75$0.92
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.82$2.56$4.40$3.84$0.56
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.09$1.99$4.36$4.69$0.33
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.84$2.32$5.19$4.16$1.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.05$1.29$3.85$3.79$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.29$0.06$1.24$3.69$3.31$0.39
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.06$0.85$3.24$3.61$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.06$1.21$3.26$3.20$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.07$1.18$3.04$2.63$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.09$0.78$2.39
2011Summary only. Only limited summary data is available for this year.$0.08$0.05$0.04$2.19$2.34$0.15
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.02$0.18$2.16