Museum of Glass

EIN: 911669422 501(c)(3) Arts, Culture & Humanities

Tacoma, WA

Total Revenue
$6,006,071
Total Expenses
$5,881,820
Total Assets
$28,306,761
Net Assets
$27,067,565
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
WA
Principal Officer
Deborah Lenk
Phone
2532844750
Tax Period
2024-07-01 to 2025-06-30

Museum of Glass, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.0M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $27.1M represent 54 months of operating reserves.

Mission

To ignite creativity, fuel discovery and enrich lives through glass and glassmaking.

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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 $3,139,914
Program Service Revenue $1,614,978
Investment Income $585,083
Other Revenue $666,096
TOTAL REVENUE $6,006,071

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,325,736
Fundraising Expenses $489,360
Program Expenses $4,465,876
Other Expenses $2,556,084
TOTAL EXPENSES $5,881,820

Year-over-Year Comparison

2024 2023 Change
Revenue $6,006,071 $5,047,443 +0.2%
Expenses $5,881,820 $5,540,559 +0.1%
Net Income $124,251 $-493,116 -1.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
27
Independent Members
27
Employees
95
Volunteers
61

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
6
$330,614
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Lenk Executive Director 40.00
Officer
$192,804 $15,432 $208,236
Jeffrey Ganung Finance Director 40.00
Officer
$110,643 $11,735 $122,378
Kenneth Farmer Jr Chair 3.00
Officer Director
$0 $0 $0
Walt Riehl Vice Chair 3.00
Officer Director
$0 $0 $0
Barry Anton Treasurer 3.00
Officer Director
$0 $0 $0
Todd Gilman Secretary 3.00
Officer Director
$0 $0 $0
Rex Bates Board Member 3.00
Director
$0 $0 $0
Jonah Bergman Board Member 1.00
Director
$0 $0 $0
Lawrence Bradley Board Member 1.00
Director
$0 $0 $0
Joanna Carey Cleveland Board Member 3.00
Director
$0 $0 $0
Mary Carstensen Board Member 1.00
Director
$0 $0 $0
Linda Collins Board Member 1.00
Director
$0 $0 $0
Clemencia Castro-Woolery Board Member 1.00
Director
$0 $0 $0
Curtis Cox Board Member 1.00
Director
$0 $0 $0
Patrick Drum Board Member 1.00
Director
$0 $0 $0
TJ Ewing Board Member 1.00
Director
$0 $0 $0
Carl Fisher Board Member 1.00
Director
$0 $0 $0
Calvin Gasaway Board Member 1.00
Director
$0 $0 $0
Janet Kruzel Board Member 1.00
Director
$0 $0 $0
Ali Kemp Board Member 1.00
Director
$0 $0 $0
Ian MacNeil Board Member 1.00
Director
$0 $0 $0
Marc Mangel Board Member 1.00
Director
$0 $0 $0
Megan Mead Board Member 1.00
Director
$0 $0 $0
Altaf Merchant Board Member 1.00
Director
$0 $0 $0
Bill Robertson Board Member 1.00
Director
$0 $0 $0
Nick Russell Board Member 1.00
Director
$0 $0 $0
Katelyn Smith Board Member 1.00
Director
$0 $0 $0
Gail Weyerhaeuser Board Member 3.00
Director
$0 $0 $0
Leilee Weyerhauser Board Member 3.00
Director
$0 $0 $0
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 $6,006,071 $5,881,820 $28,306,761 $124,251
2024 $5,047,443 $5,540,559 $27,119,223 $-493,116
2023 $5,439,385 $5,065,959 $26,747,813 $373,426
2022 $4,454,780 $4,662,011 $26,133,595 $-207,231
2021 $3,274,139 $3,285,299 $27,774,581 $-11,160
2020 $3,533,843 $4,214,889 $26,734,543 $-681,046
2019 $4,251,076 $4,521,198 $26,768,908 $-270,122
2018 $4,289,516 $4,468,282 $26,756,917 $-178,766
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