Civic Intelligence

Glasstire

990 • Fiscal year 2019 • EIN 04-3691617

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 06, 2020

PO Box 1489Houston, TX 77251

(713) 850-0939

Siviq Scores

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

Liabilities / Assets

54th percentile

0.04x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

46th percentile

0.02x

Higher debt load relative to revenue than 46% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

24th percentile

-7.5%

Higher net margin than 24% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$47,257

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

5th percentile

-34%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$208,118

Down $107,791 (-34%) from 2018

Net Assets

Down

$199,447

Down $32,766 (-14%) from 2018

Liabilities

Down

$8,671

Down $75,025 (-90%) from 2018

Revenue

Down

$436,194

Down $82,378 (-16%) from 2018

Expenses

Up

$468,960

Up $53,356 (+13%) from 2018

Net Income

Down

-$32,766

Down $135,734 (-132%) from 2018

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

2019

Assets$208,118
Liabilities$8,671
Net Assets$199,447

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

2019

Revenue$436,194
Expenses$468,960
Net Income-$32,766
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 6, 2020
Return Version
2019v5.0
Gross Receipts
$519,371
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 an online magazine for visual art in Texas. We publish original essays, videos, pod-casts, and maintain comprehensive statewide event listings. With an audience of hundreds of thousands readers annually, we are the publication of record for visual art in Texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$232,213$199,447▼ $32,766
Cash and Non-Interest-Bearing Accounts$226,806$134,087▼ $92,719
Pledges and Grants Receivable$65,454$36,587▼ $28,867
Savings and Temporary Cash Investments$22,055$33,115▲ $11,060
Land, Buildings, and Equipment, Net$1,594$4,329▲ $2,735
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$315,909$208,118▼ $107,791
Other Assets Total-$0-
Liabilities
Deferred Revenue$76,600--
Accounts Payable and Accrued Expenses$7,096$8,671▲ $1,575
Total Liabilities$83,696$8,671▼ $75,025
Net Assets / Fund Balance
Total Net Assets Fund Balance$232,213$199,447▼ $32,766
Total Liabilities and Net Assets / Fund Balance$315,909$208,118▼ $107,791

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,329$1,309$5,638
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brandon ZechPublisher 6/19FT$47,257$47,257
Rainey KnudsonED to 5/19FT$36,300$36,300

Board Members and Trustees

NameTitle
Eleanor WilliamsDirector
Elisa PyeDirector
Gillian SarofimDirector
Jason FullerDirector
Jereann ChaneyDirector
Justin SegalDirector
Laura ElcockDirector
Marita FairbanksDirector
Mary Elizabeth HeardDirector
Ricky AndersonDirector
Sara EliasonDirector
Andrew RaabPres frm 6/19
Leslie HullPres to 5/19
Revenue and Support

Revenue Composition

Contributions and Grants
$424,649
Program Service Revenue
$30,583
Investment Income
$59
Other Revenue
$-19,097
All Other Contributions
$247,118
Change in Net Assets
$-32,766

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table38$56,580Sales proceeds
Total Noncash Contributions38$56,580-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,185
Salaries, Compensation, and Employee Benefits$204,775
Total Fundraising Expense$71,407
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$82,557-$26,250$108,807
Other Salaries and Wages$74,210$11,067$18,667$103,944
Current Officers, Directors, Trustees, and Key Employees$33,423$33,423$16,711$83,557
Information Technology$42,161--$42,161
Advertising$20,253$12,800-$33,053
Office Expenses$3,415$18,666$7,073$29,154
Travel$23,337--$23,337
Payroll Taxes$8,234$3,403$2,706$14,343
Fees for Services Accounting-$7,101-$7,101
Pension Plan Contributions-$2,931-$2,931
Other Expenses$1,229--$1,229
Depreciation Depletion-$1,064-$1,064
Total Functional Expenses$307,098$90,455$71,407$468,960
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$83,177
Fundraising Gross Income$64,080
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$201,111$64,080$58,570$5,510
Total Events$201,111$64,080$83,177$-19,097
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 35% controlled entity
No
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 and bookkeeper review the 990, then send it to the entire board for approval before 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

The Board surveys compensation of comparable organizations, and considers the budget and financial health of the organization 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

Filer Name
Glasstire
EIN
04-3691617
Phone
7138500939
Address
PO Box 1489, Houston, TX 77251

Signing Officer

Name
Brandon Zech
Title
Publisher
Signed
2020-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Zech
Formed
2001
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
10

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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IRS990/InformationTechnologyGrp/ProgramServicesAmt042161
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IRS990/IRPDocumentCnt041
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IRS990/LandBldgEquipCostOrOtherBssAmt05638
IRS990/LegalDomicileStateCd0TX
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Glasstire is a website about visual art in Texas. Our mission is to expand the conversation about visual art in Texas.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0232213
IRS990/NetAssetsOrFundBalancesEOYAmt0199447
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-19097
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-19097
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt056580
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt07073
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018666
IRS990/OfficeExpensesGrp/ProgramServicesAmt03415
IRS990/OfficeExpensesGrp/TotalAmt029154
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Program expenses
IRS990/OtherExpensesGrp/Desc1Dues & subscriptions
IRS990/OtherExpensesGrp/ProgramServicesAmt018279
IRS990/OtherExpensesGrp/ProgramServicesAmt11229
IRS990/OtherExpensesGrp/TotalAmt018279
IRS990/OtherExpensesGrp/TotalAmt11229
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018667
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011067
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt074210
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103944
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02706
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03403
IRS990/PayrollTaxesGrp/ProgramServicesAmt08234
IRS990/PayrollTaxesGrp/TotalAmt014343
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02931
IRS990/PensionPlanContributionsGrp/TotalAmt02931
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt065454
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036587
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Brandon Zech
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Dallas Writing Prize
IRS990/ProgramServiceRevenueGrp/Desc1Off Road
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112583
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0543827
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0242332
IRS990/PYOtherRevenueAmt0-25300
IRS990/PYRevenuesLessExpensesAmt0102968
IRS990/PYSalariesCompEmpBnftPaidAmt0173272
IRS990/PYTotalExpensesAmt0415604
IRS990/PYTotalRevenueAmt0518572
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-32766
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt030583
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0232213
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0199447
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022055
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033115
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0543827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0360030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0343990
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0328533
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02001029
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0114
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt057595
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73910
IRS990ScheduleA/PublicSupportPY170Pct00.71920
IRS990ScheduleA/PublicSupportTotal170Amt01479098
IRS990ScheduleA/SubstantialContributorsTotAmt0521931
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0424649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0543827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0360030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0343990
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0328533
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02001029
IRS990ScheduleA/TotalSupportAmt02001143
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
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04329
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01309

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
2019Detailed filing. Detailed filing data is available for this year.$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