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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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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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Financial Health Indicators

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Liquidity & Cash Position

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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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