Lyric Theatre Of Oklahoma Inc

Organization Overview

Lyric Theatre Of Oklahoma Inc is located in Oklahoma City, OK. The organization was established in 1984. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Lyric Theatre Of Oklahoma Inc employed 157 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyric Theatre Of Oklahoma Inc 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, Lyric Theatre Of Oklahoma Inc generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. 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

THE ORGANIZATION'S MISSION IS DISCUSSED IN DETAIL AT ATTM 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LYRIC THEATRE'S EXEMPT PURPOSE IS DISCUSSED IN DETAIL AT ATTM 1.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Baron
Artistic Dir
$130,750
James B Reynolds Jr
Managing Dir
$98,875
Kurt Carter
VP Marketing
$0
Brad Ferguson
Immed. Past
$0
Dr Eric Friedman
VP Goverance
$0
Jim Grant
VP Strat. Pl
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,639,182
All other contributions, gifts, grants, and similar amounts not included above$1,132,730
Noncash contributions included in lines 1a–1f $71,621
Total Revenue from Contributions, Gifts, Grants & Similar$2,771,912
Total Program Service Revenue$980,351
Investment income $2,160
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $96,285
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,030,124

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Lyric Theatre Of Oklahoma Inc has recieved totaling $49,587.

Awarding OrganizationAmount
Shubert Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING

$35,000
American Fidelity Foundation

Oklahoma City, OK

PURPOSE: EVENT SPONSORSHIP

$13,340
Janet And Kenneth R Goodin Family Foundation

Oklahoma City, OK

PURPOSE: COMMUNITY THEATRE

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$247
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,732,462
Earnings$952,160
Other Expense$262,455
Ending Balance$6,422,167

Peer Organizations

Organization NameAssets
Municipal Theatre Association Of St Louis
St Louis, MO
$24,643,540
Alley Theatre
Houston, TX
$20,544,932
Repertory Theatre Of St Louis
Saint Louis, MO
$8,131,352
Austin Theatre Alliance
Austin, TX
$12,251,946
Theatre Squared Inc
Fayetteville, AR
$7,945,309
Theater League Inc
Kansas City, MO
$1,974,369
Dallas Theater Center
Dallas, TX
$4,047,540
Theatre Under The Stars Inc
Houston, TX
$4,859,811
Kansas City Repertory Theatre Inc
Kansas City, MO
$6,035,764
Zachary Scott Theater Center
Austin, TX
$6,657,993
A D Players
Houston, TX
$3,073,769
Theatre Aspen
Aspen, CO
$3,832,324

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