The Lion Glass Foundation
- Assets
- $158.6k
- Revenue
- $4.7k
- Investments
- $145.8k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 91-2084407
Organization Overview
The Lion Glass Foundation is located in Seattle, WA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lion Glass Foundation 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, Lion Glass Foundation generated $4.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $2.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric S Kimble Vice President | 1 | $0 | |
Marilyn V Kimble Secretary & Treasurer | 1 | $0 | |
Mark W Kimble Chairman & President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $4,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,746 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $170 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $2,388 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,851 |
| Savings and temporary cash investments | $5,000 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $158,643 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Lion Glass Foundation has awarded $12,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
OCEANA INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
WASHINGTON STEM PURPOSE: GENERAL & UNRESTRICTED | $6,000 |
PORT TOWNSEND AERO MUSEUM PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
US LIGHTHOUSE SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
NW HONEYBEE HABITAT RESTORATION PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
FREE CLINIC OF SOUTHWEST WASHINGTON PURPOSE: GENERAL & UNRESTRICTED | $1,000 |