The Corning Museum Of Glass

Corning, New York - EIN 16-0764349 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 13, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 13, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

The Corning Museum Of Glass reported $59,870,439 in revenue and $47,237,362 in expenses in fiscal 2025, a surplus of $12,633,077 for the year. Program services took $40,220,606 of expenses, or 85.2%. The organization closed the year with $106,138,303 in net assets - about 27.0 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$59,870,439

Up 23.1% from $48,617,053 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$47,237,362

Revenue minus expenses: $12,633,077 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
85.2%

$40,220,606 of $47,237,362 went to program services.

NET ASSETS - END OF FISCAL 2025
$106,138,303

Total assets $118,141,606 minus total liabilities $12,003,303.

TOP EXECUTIVE PAY - FISCAL 2025
$706,688

Karol B Wight, President And Executive Di, as reported on the fiscal-2025 Form 990, filed May 13, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
188 Employees

Plus 177 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 13, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$40,220,606 (85.1%)
Fundraising$1,658,534 (3.5%)
Management and General$5,358,222 (11.3%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.04 - $1,658,534 in fundraising expenses divided by $39,665,203 in total contributions. On cash contributions only: $0.04.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$39,665,203
Of Which Cash Contributions$39,499,980
Of Which Donated Goods (Noncash)$165,223
Membership Dues$220,092
All Other Contributions$39,445,111
Program Service Revenue$9,279,831
Investment Income$4,116,490
Other Revenue$6,808,915
Total Revenue (All Sources)$59,870,439
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

27.0 Months

of reserves - $106,138,303 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $3,936,446 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$118,141,606
Total Liabilities$12,003,303
Liabilities as Share of Assets10.2%
Net Assets$106,138,303

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 13, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Karol B Wight - President And Executive Di$706,6881.50%
David R Togni Jr - Chief Financial Officer$353,9760.75%
Amy J Schwartz - Director, The Studio$271,3660.57%
Elizabeth M Duane - Chief Marketing And Visito$264,1210.56%
Matthew H Gontarz - Senior Manager, Facility O$202,8360.43%
Carole Ann Fabian - Interim Director, Collections And Curatorial Afrs$198,9660.42%
Hugh T McHarg - Director, Rakow Research L$192,7320.41%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed May 13, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

15 voting members, 14 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Karol B WightPresident And Executive Di
David R Togni JrChief Financial Officer
Amy J SchwartzDirector, The Studio
Elizabeth M DuaneChief Marketing And Visito
Matthew H GontarzSenior Manager, Facility O
Carole Ann FabianInterim Director, Collections And Curatorial Afrs
Hugh T McHargDirector, Rakow Research L
Jeffrey W EvensonChair Of The Board
James B FlawsVice Chair
Marianne W YoungSecretary
Mark S RogusTreasurer
Randi L HewitBoard Member
James D HoughtonBoard Member
K Quincy HoughtonBoard Member
Alexia I Hudson-WardBoard Member
Clark S KinlinBoard Member
Tom OreckBoard Member
Corey H PembertonBoard Member
Edward A SchlesingerBoard Member
Preston L SingletaryBoard Member
Wendell P WeeksBoard Member
Richard C VermillionAssistant Treasurer

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence15 voting / 14 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $30,000 in grants paid in fiscal 2025.

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$48,617,053-
Fiscal 2025$59,870,439+23.1%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2025 - Dec 31, 2025Form 990In Force - Filed May 13, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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