Gloatl Inc
- Assets
- -$62.9k
- Revenue
- $85.1k
- Investments
- $0.0
- Employees
- 13
- Location
- Atlanta, GA
- Founding
- 01/2010
- Data as of
- 12/2022
- EIN
- 27-0272642
Organization Overview
Gloatl Inc is located in Atlanta, GA. The organization was established in 2010. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Gloatl Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gloatl Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gloatl Inc generated $85.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $127.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: OUR MISSION IS TO DEMONSTRATE THE IMPACT OF INNOVATIVE AND AMBITIOUS MOVEMENT ARTS AND CULTURAL INITIATIVES. VALUES: OUR WORK IS FRAMED BY THREE CORE VALUES: PEOPLE MATTER, HISTORIES SURVIVE, OUR BODIES UNITE. WE MIX THE POWER AND POTENTIAL OF COMMUNITIES, PLACES AND CIVIC RITUALS THAT OTHERS CAST ASIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLO CONTINUED THE LOST, LOOSE AND LOVED PROGRAM, BRINGING TO LIVE A PRAIRIE OF LIVE FLOWERS AND VEGETATION TO THE AN EMPTY LOT IN MIDTOWN ATLANTA
GLO STARTED A NEW RELATIONSHIP WITH THE JULE MUSEUM ON THE AUBURN CAMPUS IN ALABAMA, BEGINNING WITH A LIVE INSTALLATION .
GLO COMPLETED ITS FIRST NEA FUNDED PROGRAM IN RURAL ALABAMA WITH THE GEE'S BEND QUILTERS, BRINGING LIVE ART INSTALLATIONS TO THE GEE'S BEND AND THE REGION, INCLUDING PROGRAMMING IN SELMA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauri Stallings Founding Artist | Officer | 40 | $50,506 |
Matthew Garbett Board Member | Trustee | 0.5 | $0 |
Richard Carvlin General Manager | Trustee | 15 | $0 |
Sarah Bowbrow-Williams Board Member | Trustee | 1 | $0 |
Marie Nygren Board Member | Trustee | 2 | $0 |
Roy Sockwell Board Co-Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,905 |
| Total Program Service Revenue | $19,188 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $85,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,506 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,447 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $614 |
| Payroll taxes | $10,130 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,450 |
| Advertising and promotion | $4,290 |
| Office expenses | $3,267 |
| Information technology | $2,463 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,732 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,033 |
| All other expenses | $0 |
| Total functional expenses | $127,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,745 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,729 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | -$107,400 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | -$62,926 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | -$62,926 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | -$62,926 |