Lyra Society
- Assets
- $87.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 06/2006
- Data as of
- 08/2023
- EIN
- 38-3723902
Organization Overview
Lyra Society is located in Philadelphia, PA. The organization was established in 2006. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyra Society 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 08/2023, Lyra Society generated $138.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $142.9k during the year ending 08/2023. While expenses have increased by 10.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LYRA'S MISSION IS TO PROMOTE CULTURAL EQUITY THROUGH ACCESS TO HARP EDUCATION. LYRA PROVIDES HARPS, HARP LESSONS, AND HARP PRESENTATIONS IN SCHOOLS AT NO COST TO PHILADELPHIA STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Chamberlain Trustee | 1 | $0 | |
Anita Hendersen Trustee | 1 | $0 | |
Anna Marie Ahn Petersen Trustee | 1 | $0 | |
Chris Deviney Trustee | 1 | $0 | |
Diane Mallery Trustee | 1 | $0 | |
Elizabeth Hainen Trustee And Artistic Direc | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,690 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,300 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,803 |
| Other Revenue | $0 |
| Total Revenue | $138,187 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $85,003 |
| Professional fees and other payments to independent contractors | $15,093 |
| Occupancy, rent, utilities, and maintenance | $2,054 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,423 |
| Total expenses | $142,917 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,110 |
| Other assets | $0 |
| Total assets | $87,777 |
| Total liabilities | $3,033 |
| Net assets or fund balances | $84,744 |