Lyric Theatre And Cultural Arts Center

Organization Overview

Lyric Theatre And Cultural Arts Center is located in Lexington, KY. The organization was established in 2011. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Lyric Theatre And Cultural Arts Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyric Theatre And Cultural Arts Center 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 06/2022, Lyric Theatre And Cultural Arts Center generated $450.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $323.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE LYRIC THEATRE & CULTURAL ARTS CENTER IS TO PRESERVE, PROMOTE, PRESENT, AND CELEBRATE DIVERSE CULTURES THROUGH ARTISTIC PRESENTATIONS OF THE HIGHEST QUALITY, EDUCATIONAL PROGRAMMING AND OUTREACH, FILM, AND OPPORTUNITIES FOR COMMUNITY INCLUSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LYRIC HAS EFFECTIVELY ACHIEVED ITS MISSION OF PRESERVING, PROMOTING, PRESENTING, AND CELEBRATING DIVERSE CULTURES, EMPHASIZING AFRICAN AMERICAN CULTURAL HERITAGE THROUGH SIGNIFICANT EVENTS. NOTABLY, JUNETEENTH (JUNE 19. 2022), THE SIDNEY POITIER FILM FESTIVAL (WINTER 2022), CLAUDETTE KING'S PERFORMANCE (OCTOBER 23, 2021), AND WOODSONGS OLD TIME RADIO (WEEKLY EVENT) HAVE PROVIDED OPPORTUNITIES FOR ARTISTIC PRESENTATIONS, EDUCATIONAL PROGRAMMING, OUTREACH, AND COMMUNITY INCLUSION. IN ADDITION, THESE EVENTS HAVE FACILITATED THE COMMUNITY'S EDUCATION ON THE HISTORY AND IMPORTANCE OF AFRICAN AMERICAN CULTURAL HERITAGE, RESULTING IN INCREASED CULTURAL DIVERSITY, INCLUSIVITY, EDUCATION, APPRECIATION, AND COMMUNITY ENGAGEMENT.JUNETEENTH COMMEMORATES THE EMANCIPATION OF ENSLAVED AFRICANS IN AMERICA. THE SIDNEY POITIER FILM FESTIVAL SHOWCASES A CURATED SELECTION OF FILMS HIGHLIGHTING AFRICAN AMERICAN CULTURAL HERITAGE AND CONTRIBUTIONS TO THE FILM INDUSTRY. CLAUDETTE KING'S PERFORMANCE HONORS THE BLUES GENRE AND THE LEGACY OF AFRICAN AMERICAN ARTISTS WHILE PROMOTING COMMUNITY INCLUSION AND UNDERSTANDING. THE WOODSONGS OLD-TIME RADIO HOUR, PRODUCED AND HOSTED BY FOLKSINGER MICHAEL JOHNATHON, PROVIDES A PLATFORM FOR DIVERSE MUSICIANS AND PERFORMERS TO SHOWCASE THEIR TALENTS AND CONTRIBUTE TO PRESERVING AND CELEBRATING CULTURAL DIVERSITY. REFLECTIONS DRAG SHOW (APRIL 24, 2022) PROMOTES DIVERSITY, INCLUSION, AND BELONGING BY BREAKING TRADITIONAL GENDER NORMS AND EXPANDING OUR UNDERSTANDING OF GENDER IDENTITY AND EXPRESSION. IT WELCOMES INDIVIDUALS WHO MAY NOT FEEL ACCEPTED IN CONVENTIONAL GENDER ROLES AND ENCOURAGES APPRECIATION FOR THE CREATIVITY AND UNIQUE TALENTS OF THE PERFORMERS, REGARDLESS OF GENDER IDENTITY. THE SHOW FOSTERS COMMUNITY BY PROVIDING A PLATFORM FOR AUTHENTIC EXPRESSION AND BUILDING CONNECTIONS AMONG DIVERSE INDIVIDUALS.OVERALL, THE LYRIC'S EVENTS HAVE IMPACTED THE COMMUNITY BY PROMOTING CULTURAL DIVERSITY, INCLUSIVITY, EDUCATION, AND AFRICAN AMERICAN CULTURAL HERITAGE APPRECIATION. THEY HAVE ALSO PROVIDED OPPORTUNITIES FOR COMMUNITY ENGAGEMENT AND UNDERSTANDING, CONTRIBUTING TO BUILDING A STRONGER AND MORE CONNECTED COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Christian Adair
President
$0
Carolyn Dunn
Secretary
$0
Wallace Barber
Treasurer
$0
Frank Walker
Vice Chair
$0
James Brown
Director
$0
Suzanne Leibee
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $59,219
All other contributions, gifts, grants, and similar amounts not included above$88,335
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$147,554
Total Program Service Revenue$180,090
Investment income $3,650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $118,775
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 $354
Miscellaneous Revenue$0
Total Revenue $450,573

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