Lubbock Experience Incorporated

Organization Overview

Lubbock Experience Incorporated is located in Lubbock, TX. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubbock Experience Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lubbock Experience Incorporated generated $569.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.2%) each year.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND GROW THE LUBBOCK COMMUNITY AND WEST TEXAS AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, THE ORGANIZATION WRAPPED UP THE COMMITMENT WITH THE MANAGEMENT OF THE FINANCIAL ASPECT OF THE LUBBOCK TORNADO MEMORIAL WHEN IT OPENED ON MAY 11, 2021.


THE LUBBOCK CULTURAL ARTS FOUNDATION IS OPERATED AS A DBA OF LUBBOCK EXPERIENCE. THE FOUNDATION OBTAINED, FOR THE CITY OF LUBBOCK, THE DESIGNATION OF TEXAS MUSIC FRIENDLY CITY AND TEXAS FILM FRIENDLY DESIGNATION. THE FOUNDATION WILL CULTIVATE, CONNECT AND CHAMPION THE ARTS COMMUNITY IN LUBBOCK, TEXAS.


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Board, Officers & Key Employees

Name (title)Compensation
Stacy Keith
Executive Director
$135,000
James Conwright
Chairman
$0
John Osborne
President
$0
Jana Johnston
Secretary/treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$568,779
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$568,779
Total Program Service Revenue$96
Investment income $392
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $569,267

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lubbock Experience Incorporated has recieved totaling $344,216.

Awarding OrganizationAmount
Community Foundation Of West Texas

Lubbock, TX

PURPOSE: GATEWAY TORNADO MEMORIAL

$344,216
View Grant Recipient Profile

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