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
Personnel at Lyric Theatre and Cultural Arts Center
Name | Title | Compensation | Date of data |
---|
Christian Adair | Executive Director | $0 | 2024-06-28 |
Charles Rice | Arts and Marketing Director | | 2024-06-28 |
Whit Whitaker | Past Executive Director | $65,000 | 2023-06-30 |
Pat Tatum | Board Member | $0 | 2024-06-28 |
Wallace Barber | Treasurer | $0 | 2024-06-28 |
...and 11 more key personnel |
Financials for Lyric Theatre and Cultural Arts Center
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $193,025 | $147,554 | 30.8% |
Program services | $182,652 | $180,090 | 1.4% |
Investment income and dividends | $3,740 | $3,650 | 2.5% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $151,826 | $118,775 | 27.8% |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $7,399 | $354 | 1990.1% |
Miscellaneous revenues | $95 | $150 | -36.7% |
Total revenues | $538,737 | $450,573 | 19.6% |
Organizations like Lyric Theatre and Cultural Arts Center
Organization | Type | Location | Revenue |
---|
Carnegie Hall | 501(c)(3) | Lewisburg, WV | $1,070,697 |
Florida Cultural Group | 501(c)(3) | Bradenton, FL | $2,558,332 |
Lincoln Theatre Center Foundation | 501(c)(3) | Mount Vernon, WA | $1,890,333 |
Redlands Bowl Performing Arts | 501(c)(3) | Redlands, CA | $1,440,096 |
Aloha Theatre | 501(c)(3) | Kealakekua, HI | $298,462 |
Artistry | 501(c)(3) | Bloomington, MN | $2,034,697 |
Paradise Center for the Arts | 501(c)(3) | Faribault, MN | $549,752 |
Georgetown Palace Theatre | 501(c)(3) | Georgetown, TX | $2,360,669 |
Ross Ragland Theater (RRT) | 501(c)(3) | Klamath Falls, OR | $661,404 |
Admiral Theatre Foundation | 501(c)(3) | Bremerton, 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
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/Â
- 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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