This Year, We Lit it Up!
Wow, what a year it’s been! Our focus this year has been on growth and replenishment, and we have good news to report on both fronts.
Glass Axis continues to create opportunities through advancing glass art education. Thanks to Our Supporters for making this possible.
Our 2016 exhibitions in the Kennedy Galleries at Glass Axis featured well-known artists from around the country as well as a special exhibition featuring art designed by children. Glass Axis hosted demonstrations from visiting artists, including Nancy Callan and John Miller, thanks to help from Tom Hawk of Hawk Galleries. We had our annual Glass Fashion Show in February. Twenty-one artists participated, and judges Celeste Malvar-Stewart, Columbus City Councilman Michael Stinziano and Sherrie Riley Hawk certainly had their work cut out for them to decide best of show.
Art Sales Up 38%
Net assets increased by 24.5% from fiscal year 2015. Our sincere thanks to the Ohio Arts Council, the Greater Columbus Arts Council, PNC Arts Alive, and The Columbus Foundation, as well as our many other donors, for their generous support. Classes, equipment rentals, and art sales were the true success story of the year with an increase of 171.2%. Our program revenue exceeded our projections and accounted for 68.3% of our operating income.
Class Participation: 3593
- “Awesome craft and great venue!” – Sharon Watkins
- “You’ll find a great facility, cool folks and a great vibe at Glass Axis. ” – Susan Crampton Davis
- “An excellent experience. It is a wonderful opportunity for me.” – Jim Johnson
- “This place is amazing, beautiful glass art and wonderful people.” – Catherine Lindsay
- “Love this place! Columbus is so fortunate to have a venue like this.” – Patricia Planck Miller
Glass Axis operating revenue and support increased slightly, while our net assets increased by 16.6% from fiscal year 2015. Our sincere thanks to the Ohio Arts Council, the Greater Columbus Arts Council, PNC Arts Alive, and The Columbus Foundation, as well as our many other donors, for their generous support. Classes, equipment rentals, and art sales were the true success story of the year with an increase of 71.2%. Our program revenue exceeded our projections and accounted for 68.3% of our operating revenue.
We have been using the increased revenue to pay down debt and replace aging equipment. Thanks to assistance from Denver Glass Machinery and Wet Dog Glass, we were able to install two new glory holes and a new fusing kiln. Along with those major equipment items, we have replaced a myriad of smaller expendable items and are continuing to fix what needs fixing throughout the shop on a regular basis.
Membership has continued to grow steadily. 93% of current Glass Axis members identify themselves as glass artists, and nearly half of these rent our equipment to create their art. It has been a pleasure watching these artists create new and exciting pieces.
Four new instructors!
Equipment Rentals up by 82%.
We’ve come a long way in the last year, and we still have so much more to accomplish. The 2017 Glassquerade will feature a live band, demonstrations, and fashion show. Next year’s summer workshops will feature artists from around the world. We are planning new classes and more of the most popular classes. Meanwhile, we will continue to make improvements in the facility and equipment with your support.
“Good to work with you on this, you are on the ball.” – Joseph Cavalieri
From our annual audit report (click here for the full report):
|Fundraising Expenses||$ 12,051|
|Administrative Expenses||$ 61,793|
|Total End of Year Net Assets||$316,199|
For those of you who REALLY like numbers, our IRS Form 990 is available for your reading pleasure.