Glendale Library Arts & Culture Trust is a 501(c)(3) organization based in Glendale, California, registered in 1995, with $64,569 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$65K
▼ 80.7% vs prior year
Unknown median: $232K
Expenses (FY2024)
$424K
Net assets
$990K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Glendale Library Arts & Culture Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Glendale Library Arts & Culture Trust: 28 mo reserves · -556% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Glendale Library Arts & Culture Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Glendale Library Arts & Culture Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $63K (FY2015) to $65K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-556.5%
Spent more than it raised in the latest fiscal year.
Total assets
$990K
Total liabilities
$0
Net assets
$990K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $64,569▼80.7% | $423,874▲121% | $990,466▼26.6% | $990,466▼26.6% | 990 |
| 2023 | $333,842▲110% | $191,443▼22.7% | $1,349,771▲11.8% | $1,349,771▲11.8% | 990 |
| 2022 | $159,095▼54.5% | $247,765▲155% | $1,207,372▼5.4% | $1,207,372▼5.4% | 990 |
| 2021 | $349,513▲24.7% | $97,005▲170% | $1,275,944▲294% | $1,275,944▲294% | 990 |
| 2019 | $280,387▲598% | $35,950▼9.0% | $323,994▲307% | $323,994▲307% | 990 |
| 2018 | $40,195▼15.4% | $39,494▼22.3% | $79,557▲0.9% | $79,557▲0.9% | 990 |
| 2017 | $47,499▼9.6% | $50,835▼11.0% | $78,856▼4.1% | $78,856▼4.1% | 990 |
| 2016 | $52,524▼16.7% | $57,098▼5.9% | $82,192▼5.3% | $82,192▼5.3% | 990 |
| 2015 | $63,090 | $60,659 | $86,766 | $86,766 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Glendale Library Arts & Culture Trust (EIN 95-4327193) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.