Lubbock Entertainment And Performing Arts Association

Organization Overview

Lubbock Entertainment And Performing Arts Association is located in Lubbock, TX. The organization was established in 2013. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Lubbock Entertainment And Performing Arts Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubbock Entertainment And Performing Arts Association 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 09/2021, Lubbock Entertainment And Performing Arts Association generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $4.8m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LUBBOCK ENTERTAINMENT AND PERFORMING ARTS ASSOCIATION (LEPAA), A TEXAS NON-PROFIT CORPORATION, ENVISIONS A COMMUNITY WHERE EVERY PERSON EXPERIENCES THE TRANSFORMATIVE POWER OF THE ARTS. LEPAA BUILDS COMMUNITY THROUGH EXTRAORDINARY EXPERIENCES, CREATIVE COLLABORATION, AND INCLUSIVE ACCESS TO THE ARTS, ENTERTAINMENT, AND EDUCATION. LEPAA'S VALUES DICTATE THAT WE TREAT OTHERS AS WE WOULD LIKE TO BE TREATED, FOSTER THE ECONOMIC VITALITY OF OUR REGION, OPERATE SUSTAINABLY AND EFFICIENTLY IN ALL ENDEAVORS, AND BUILD STAKEHOLDER ENGAGEMENT THROUGHOUT OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEPAA COMPLETED CONSTRUCTION OF BUDDY HOLLY HALL (BHH), A PERFORMING ARTS AND SCIENCES CENTER, IN JANAURY 2021. LEPAA CONTINUES TO RECRUIT AND PROCURE PARTNERS FOR FUNDING TO PAY FOR THE CONSTRUCTION OF THE CENTER AND FUTURE OPERATIONS. THESE FUNDING PARTNERSHIPS IMPACT THE COMMUNITY BY OFFERING EVERY PERSON THE OPPORTUNITY TO EXPERIENCE THE ARTS.


LEPAA CONTINUES PLANNING ITS SECOND 5-DAY BUDDY HOLLY SONGWRITERS RETREAT AND CONCERT IN 2022, AS THE 2020 AND 2021 RETREATS WERE POSTPONED DUE TO THE PANDEMIC. ASPIRING SONGWRITERS BREAK UP INTO SMALL GROUPS TO COLLABORATE WITH PROFESSIONAL MENTORS THROUGH THE CREATIVE PROCESS OF SONGWRITING. A FRIDAY NIGHT SHOWCASE CONCERT WILL BE HELD TO DEBUT THE BEST SONGS WRITTEN DURING THE RETREAT AND PROVIDE PERFORMERS ON-STAGE EXPERIENCES.


A KODALY INSTITUTE SYMPOSIUM WORKSHOP WAS HELD IN LUBBOCK JULY 2021, PROVIDING MUSIC EDUCATION INSTRUCTION TO THE 300 ATTENDEES.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Collins
Chairman
$0
Patty D'alise
Vice Chairman
$0
Mark Bass
Treasurer
$0
Marianna Markham
Secretary
$0
Michelle Stephens
Executive Director
$0
Matthew Bumstead
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lee Lewis Construction Inc
Construction
$28,067,331
Garfield Publicprivate Llc
Development
$4,066,545
Smg
Consulting Services
$397,696
Parkhill Smith & Cooper
Design Services
$363,981
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,700
All other contributions, gifts, grants, and similar amounts not included above$2,762,957
Noncash contributions included in lines 1a–1f $18,744
Total Revenue from Contributions, Gifts, Grants & Similar$2,777,657
Total Program Service Revenue$835,862
Investment income $130,375
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $224,876
Net Gain/Loss on Asset Sales -$2,303
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$196
Miscellaneous Revenue$0
Total Revenue $3,966,271

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Lubbock Entertainment And Performing Arts Association has recieved totaling $75,134.

Awarding OrganizationAmount
Snell Charitable Foundation Inc

Vernon, TX

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ENTITY

$25,000
At&t Foundation

Dallas, TX

PURPOSE: ARTS, MEDIA & CULTURE

$25,000
The@robert D And Alma Moreton Foundation

Chicago, IL

PURPOSE: GENERAL

$15,000
Community Foundation Of West Texas

Lubbock, TX

PURPOSE: BUDDY HOLLY HALL

$10,010
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$124
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,412,665
Earnings$1,236,503
Ending Balance$6,649,168

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