THE CORNING MUSEUM OF GLASS

EIN: 160764349 501(c)(3)

CORNING, NY

Total Revenue
$48,617,053
Total Expenses
$45,577,870
Total Assets
$104,204,421
Net Assets
$89,392,288
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NY
Principal Officer
KAROL WIGHT
Phone
6074385275
Tax Period
2024-01-01 to 2024-12-31

THE CORNING MUSEUM OF GLASS, founded in 1951, is a mid-sized nonprofit that reported $48.6M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $45.6M left a modest 6% surplus.

Mission

TO INSPIRE PEOPLE TO SEE GLASS IN A NEW LIGHT BY ENGAGING VISITORS AND THE COMMUNITY THROUGH THE ART, HISTORY, AND SCIENCE OF GLASS; BUILDING, STEWARDING, AND PROMOTING THE WORLD'S FOREMOST COLLECTION OF OBJECTS REPRESENTING THE ART, HISTORY, AND SCIENCE OF GLASS, AND SUPPORTING THE LIBRARY OF RECORD ON THOSE SUBJECTS, FOR A BROAD RANGE OF CURRENT AND NEW MUSEUM VISITORS, ARTISTS, AND RESEARCHERS; DISPLAY THE GLASS AND LIBRARY COLLECTIONS IN PERMANENT EXHIBITIONS AND ARRANGE TEMPORARY EXHIBITIONS THAT DRAW ATTENTION TO PARTICULAR ASPECTS OF THE ART AND HISTORY OF GLASS; PRESENT PERMANENT EXHIBITIONS OF GLASS SCIENCE AND TECHNOLOGY THAT EDUCATE AND ENGAGE VISITORS OF ALL AGES IN THE STORIES OF HISTORIC INNOVATIONS AND FUTURE APPLICATIONS OF GLASS AND GLASS-RELATED MATERIALS; PROVIDE UNIQUE OPPORTUNITIES TO VIEW GLASS ARTISTS CREATING NEW WORKS, AS WELL AS OFFER OPPORTUNITIES FOR VISITORS TO EXPERIENCE GLASSMAKING FIRSTHAND THROUGH CREATIVE ENGAGEMENTS IN THE STUDIO.

Program Service Accomplishments

Program 1
Expenses: $12,380,057 Revenue: $4,274,848

CURATORIAL, EXHIBITIONS AND RESEARCH - THE CURATORIAL DEPARTMENT, WHICH IS DIVIDED INTO FOUR COLLECTING AREAS, STEWARDS, DISPLAYS AND INTERPRETS THE WORLD'S MOST COMPREHENSIVE COLLECTION OF GLASS...

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CURATORIAL, EXHIBITIONS AND RESEARCH - THE CURATORIAL DEPARTMENT, WHICH IS DIVIDED INTO FOUR COLLECTING AREAS, STEWARDS, DISPLAYS AND INTERPRETS THE WORLD'S MOST COMPREHENSIVE COLLECTION OF GLASS ART, HISTORY, SCIENCE AND TECHNOLOGY IN FOUR MAIN PERMANENT GALLERIES, AND THROUGH SPECIAL EXHIBITIONS, PROGRAMS AND PUBLICATIONS. IN 2024, THE MUSEUM HOSTED ONE MAJOR EXHIBITION AND FOUR MINOR EXHIBITIONS. THE MUSEUM CONTINUED TO INVEST IN RESEARCH RESIDENCIES (3) AND GRANTS (4) AND PUBLISHED TWO ANNUAL JOURNALS. AS THE LIBRARY OF DISTINCTION FOR THE STUDY OF GLASS, THE JULIETTE K. AND LEONARD S. RAKOW RESEARCH LIBRARY SUSTAINS A VIBRANT, SINGULAR COLLECTION THAT EMBODIES CENTURIES OF KNOWLEDGE ON GLASS, GLASSMAKING, AND GLASSMAKERS. THE LIBRARY, THROUGH COLLECTING, PRESERVING, AND MAKING ACCESSIBLE EXCELLENT RESEARCH MATERIALS, ADVANCES SCHOLARSHIP, CREATIVITY AND THE ARTS, AND THE UNDERSTANDING OF GLASS THROUGHOUT THE REALMS OF ART, HISTORY, CULTURE, SCIENCE, AND TECHNOLOGY. THE LIBRARY'S PLATFORM FOR OPENLY ACCESSIBLE DIGITAL COLLECTIONS GREW TO 19,982 DIGITAL OBJECTS BY THE END OF 2024. THE LIBRARY SUPPORTED GLASS RESEARCH ACROSS 49 STATES, 25 COUNTRIES, AND FIVE CONTINENTS, INCLUDING 200,668 CONSULTATIONS OF ONLINE RESEARCH RESOURCES. LIBRARY STAFF FACILITATED 2,855 RESEARCH INQUIRIES AND ADDED 1,935 BOOKS AND OTHER ITEMS TO THIS WORLD-CLASS COLLECTION.

Program 2
Expenses: $12,401,163 Revenue: $4,070,993

STUDIO, EDUCATION AND OUTREACH - THE MUSEUM EDUCATES PEOPLE OF ALL AGESIN A DIVERSITY OF TOPICS ABOUT GLASS. OUR GLASSMAKING SCHOOL, THE STUDIO, PROVIDES CLASSES, RESIDENCIES, LIVE ONLINE PROGRAMMING...

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STUDIO, EDUCATION AND OUTREACH - THE MUSEUM EDUCATES PEOPLE OF ALL AGESIN A DIVERSITY OF TOPICS ABOUT GLASS. OUR GLASSMAKING SCHOOL, THE STUDIO, PROVIDES CLASSES, RESIDENCIES, LIVE ONLINE PROGRAMMING AND SCHOLARSHIPS AND RESIDENCIES TO ARTISTS AND SCHOLARS AROUND THE WORLD. IN 2024, THE MUSEUM HOSTED 1,506 STUDENTS, INSTRUCTORS, AND TEACHING ASSISTANTS IN A VARIETY OF CLASSES AND SUPPORTED ARTISTS THROUGH ELEVEN RESIDENCIES. ON A DAILY BASIS, THE MUSEUM PROVIDES A VARIETY OF GLASSMAKING DEMONSTRATIONS FOR OUR VISITORS, WHICH ENABLES THEM TO OBSERVE AND LEARN ABOUT THE ART, SCIENCE, TECHNOLOGY AND PROPERTIES OF GLASS. THE MUSEUM EXPANDS THIS LEARNING BY PROVIDING HOT GLASS OUTREACH PROGRAMS WHEREBY WE TAKE OUR STAFF ARTISTS AND MOBILE GLASSMAKING DEMONSTRATION EQUIPMENT INTO A VARIETY OF VENUES. THE MUSEUM ALSO PROVIDES PROGRAMS ENABLING OUR VISITORS TO PARTICIPATE IN A VARIETY OF UNIQUE HANDS-ON GLASSMAKING EXPERIENCES. IN 2024, A QUARTER OF OUR INDIVIDUAL AND FAMILY VISITORS ENGAGED IN ONE OF THESE GLASSMAKING EXPERIENCES. OUR EDUCATION DEPARTMENT PLAYS AN IMPORTANT ROLE IN PROVIDING PROGRAMS FOR ALL GUESTS, AS WELL AS STUDENTS IN OUR LOCAL SCHOOL SYSTEMS. IN 2024, THE MUSEUM HOSTED 6,864 SCHOOL CHILDREN ON FIELD TRIPS TO THE MUSEUM, DEVELOPED PROGRAMS FOR SCHOOL BREAKS (WINTER AND SPRING), SUPPORTED THE JR. CURATORS AND CMOG CHALLENGE PROGRAMS, AND HOSTED SIX EDUCATIONAL PERFORMACES FOR PRE-K AUDIENCES.

Program 3
Expenses: $10,436,793 Revenue: $7,390,754

MUSEUM SHOPS - THE MUSEUM'S SHOPS ARE DESIGNED TO REFLECT AND ENHANCE THE EXPERIENCE OF THE COLLECTION. THE SHOPS INCLUDE PRODUCTS FROM AROUND THE GLOBE AND MANY WORKS PRODUCED LOCALLY AND REGIONALLY...

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MUSEUM SHOPS - THE MUSEUM'S SHOPS ARE DESIGNED TO REFLECT AND ENHANCE THE EXPERIENCE OF THE COLLECTION. THE SHOPS INCLUDE PRODUCTS FROM AROUND THE GLOBE AND MANY WORKS PRODUCED LOCALLY AND REGIONALLY BY A VARIETY OF ARTISTS. THERE IS A WIDE ARRAY OF PRODUCTS INCLUDING FINE ART, STEUBEN, PYREX AND CORELLE KITCHENWARE, JEWELRY, COLLECTIBLES AND BOOKS AND VIDEOS, OFFERED IN OUR ALMOST 20,000-SQUARE-FOOT SHOP, AS WELL AS IN OUR ONLINE SHOPS AND STEUBEN STORES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,183,484
Program Service Revenue $8,636,072
Investment Income $4,687,169
Other Revenue $7,110,328
TOTAL REVENUE $48,617,053

Expense Breakdown

Grants Paid $30,000
Salaries & Benefits $18,277,660
Fundraising Expenses $1,875,963
Program Expenses $38,819,876
Other Expenses $27,270,210
TOTAL EXPENSES $45,577,870

Year-over-Year Comparison

2024 2023 Change
Revenue $48,617,053 $42,538,297 +0.1%
Expenses $45,577,870 $42,267,832 +0.1%
Net Income $3,039,183 $270,465 +10.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
14
Employees
178
Volunteers
173

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,296,599
Total Directors
16
$987,460
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY W EVENSON CHAIR OF THE BOARD 2.00
Officer Director
$0 $0 $0
JAMES B FLAWS VICE CHAIR 2.00
Officer Director
$0 $0 $0
MARIANNE W YOUNG SECRETARY 2.00
Officer Director
$0 $0 $0
MARK S ROGUS TREASURER 2.00
Officer Director
$0 $0 $0
KAROL B WIGHT PRESIDENT AND EXECUTIVE DI 40.00
Officer Director
$623,169 $52,777 $675,946
ALAN T EUSDEN CHIEF OPERATING OFFICER 24.00
Officer Director
$279,743 $31,771 $311,514
RANDI L HEWIT BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES D HOUGHTON BOARD MEMBER 1.00
Director
$0 $0 $0
K QUINCY HOUGHTON BOARD MEMBER 1.00
Director
$0 $0 $0
ALEXIA I HUDSON-WARD BOARD MEMBER 1.00
Director
$0 $0 $0
CLARK S KINLIN BOARD MEMBER 1.00
Director
$0 $0 $0
SHAWN R MARKHAM BOARD MEMBER 1.00
Director
$0 $0 $0
COREY H PEMBERTON BOARD MEMBER 1.00
Director
$0 $0 $0
EDWARD A SCHLESINGER BOARD MEMBER 1.00
Director
$0 $0 $0
PRESTON L SINGLETARY BOARD MEMBER 1.00
Director
$0 $0 $0
WENDELL P WEEKS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD C VERMILLION ASSISTANT TREASURER 2.00
Officer
$0 $0 $0
DAVID R TOGNI JR CHIEF FINANCIAL OFFICER 40.00
Officer
$259,096 $50,043 $309,139
ELIZABETH M DUANE CHIEF MARKETING AND VISITO 40.00
Highest
$216,719 $38,660 $255,379
AMY J SCHWARTZ DIRECTOR, THE STUDIO 40.00
Highest
$237,687 $45,992 $283,679
MATTHEW H GONTARZ SENIOR MANAGER, FACILITY OPERATIONS AND MAINTENANC 40.00
Highest
$160,850 $36,020 $196,870
KATHERINE FREDRICKSON DIRECTOR, COLLECTIONS AND 40.00
Highest
$194,347 $48,763 $243,110
HUGH T MCHARG DIRECTOR, RAKOW RESEARCH LIBRARY 40.00
Highest
$160,000 $24,581 $184,581
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $48,617,053 $45,577,870 $104,204,421 $3,039,183
2023 $42,538,297 $42,267,832 $94,350,643 $270,465
2022 $44,735,529 $40,863,650 $85,012,188 $3,871,879
2021 $50,876,793 $35,031,121 $91,210,543 $15,845,672
2020 $31,481,253 $36,212,390 $73,662,076 $-4,731,137
2019 $55,297,393 $43,085,875 $71,521,815 $12,211,518
2018 $46,222,098 $44,699,777 $62,019,259 $1,522,321
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