EIN 27-2608879

Lyric Theatre and Cultural Arts Center

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
2010
Most recent tax filings
2023-06-01
Description
Lyric Theatre and Cultural Arts Center preserves, promotes, presents, and celebrates diverse cultures with special emphasis on African-American cultural heritage through artistic presentations of the highest quality, educational programming and outreach, film, and opportunities for community inclusion. It has achieved its mission through significant events such as Juneteenth (June 19, 2022) and the Sidney Poitier film festival.
Total revenues
$538,737
2023
Total expenses
$330,827
2023
Total assets
$704,272
2023
Num. employees
9
2023

Program areas at Lyric Theatre and Cultural Arts Center

In 2023, the Lyric Theatre and Cultural Arts Center continued to uphold its mission of celebrating diversity and fostering community through a series of dynamic Cultural events. With a remarkable 4.7 out of 5 stars from 599 google reviews, the Lyric garnered praise for its commitment to excellence. Additionally, the organization formed four partnerships with educational institutions, expanding its reach and impact within the community. Notably, there was a significant boost in concessions and merchandise income, along with a nearly 50% rise in ticket sales, indicating strong support and engagement from patrons.moreover, the Lyric saw a triple increase in donations and grants, a testament to its growing influence and recognition within the philanthropic community. Despite these achievements, the organization also demonstrated fiscal responsibility, with a notable 33% decrease in program expenses. Furthermore, the Lyric served as a vital Cultural hub by hosting five fine Arts exhibitions and events, as well as three free, sold-out community events focused on culture. Through initiatives like weekly line dancing classes promoting mental and physical health, and providing a platform for local filmmakers and producers, the Lyric continued to enrich the lives of its patrons and contribute to the Cultural vibrancy of lexington.

Who funds Lyric Theatre and Cultural Arts Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Elhapa FoundationTo Support General Operations and Black Soil Project$60,000
Boston Children's Chorus (BCC)Program/project Support$33,125
Boston Children's Chorus (BCC)Program/project Support$33,125
...and 4 more grants received

Personnel at Lyric Theatre and Cultural Arts Center

NameTitleCompensation
Christian AdairExecutive Director$0
Charles RiceArts and Marketing Director
Whit WhitakerPast Executive Director$65,000
Pat TatumBoard Member$0
Wallace BarberTreasurer$0
...and 11 more key personnel

Financials for Lyric Theatre and Cultural Arts Center

RevenuesFYE 06/2023
Total grants, contributions, etc.$193,025
Program services$182,652
Investment income and dividends$3,740
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$151,826
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$7,399
Miscellaneous revenues$95
Total revenues$538,737

Form 990s for Lyric Theatre and Cultural Arts Center

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-10990View PDF
2021-062022-07-11990View PDF
2020-062021-04-13990View PDF
2019-062021-01-21990View PDF
...and 8 more Form 990s

Organizations like Lyric Theatre and Cultural Arts Center

OrganizationLocationRevenue
Carnegie HallLewisburg, WV$1,070,697
Florida Cultural GroupBradenton, FL$2,558,332
Lincoln Theatre Center FoundationMount Vernon, WA$1,890,333
Redlands Bowl Performing ArtsRedlands, CA$1,440,096
Aloha TheatreKealakekua, HI$298,462
ArtistryBloomington, MN$2,034,697
Paradise Center for the ArtsFaribault, MN$549,752
Georgetown Palace TheatreGeorgetown, TX$2,360,669
Ross Ragland Theater (RRT)Klamath Falls, OR$661,404
Admiral Theatre FoundationBremerton, WA$2,349,198
Data update history
August 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 13, 2024
Received grants
Identified 3 new grant, including a grant for $60,000 from Elhapa Foundation
June 29, 2024
Updated personnel
Identified 3 new personnel
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $3,000 from GV Kentucky Foundation MNG Agy
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersTheatersCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Operates donor advised fundsReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
300 E Third St
Lexington, KY 40508
Metro area
Lexington-Fayette, KY
County
Fayette County, KY
Website URL
historiclyrictheatre.com/ 
Phone
(859) 280-2218
IRS details
EIN
27-2608879
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A61: Performing Arts Centers
NAICS code, primary
711110: Theater Companies and Dinner Theaters
Parent/child status
Independent
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