Lensic Performing Arts Center Corporation

Organization Overview

Lensic Performing Arts Center Corporation is located in Santa Fe, NM. The organization was established in 1998. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Lensic Performing Arts Center Corporation employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lensic Performing Arts Center Corporation 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, Lensic Performing Arts Center Corporation generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HISTORIC LENSIC THEATER PROVIDES A VENUE FOR MUSIC, THEATER, DANCE, AND OTHER ART FORMS.

Describe the Organization's Program Activity:

THE ORGANIZATION MAINTAINS AND OPERATES THE HISTORIC LENSIC THEATER WHICH FUNCTIONS YEAR-ROUND. DUE TO THE COVID-19 PANDEMIC AND STATE-MANDATED RESTRICTIONS ON INDOOR MASS GATHERINGS, THE LENSIC HAD TO CANCEL ALL LIVE PERFORMANCES FROM MARCH 13, 2020 THROUGH JUNE 16, 2021. FOR THE FIRST HALF OF 2021 THE LENSIC, UNABLE TO PRESENT LIVE SHOWS, CONTINUED A DIGITAL FORMAT. IN ADDITION, THE ORGNANIZATION UNDERTOOK SOME MAJOR REPAIR AND REPLACEMENT PROJECTS AND DEEP-CLEANED THE ENTIRE FACILITY.


THE LENSIC'S TOURING ARTISTS PRESENTATIONS - SINCE 2001, THE LENSIC PERFORMING ARTS CENTER HAS PRESENTED AND PRODUCED PERFORMANCES OF ARTISTS FROM AROUND THE WORLD. THE LENSIC'S YEAR-ROUND PROGRAMMING IS INTEGRAL TO FULFILLING THE ORGANIZATIONAL MISSION BY PRESENTING A WIDE-RANGING, DIVERSE SERIES OF PROGRAMS AND ARTISTS. PROGRAMS INCLUDE POPULAR CONCERTS, DANCE EVENTS, WORLD MUSIC, JAZZ, CLASSICAL MUSIC, COMEDY, AND FAMILY AND FAMILY-FRIENDLY PROGRAMMING. IN 2021, 76 EVENTS (INCLUDING 8 HELD OUTSIDE THE LENSIC THEATRE) AND 17 RECORDED AND LIVESTREAM EVENTS WERE PRESENTED.


THE LENSIC'S YOUTH IN THE PERFORMING ARTS EDUCATION PROGRAM - THE LENSIC'S YOUTH IN THE PERFORMING ARTS EDUCATION PROGRAM HAS HAD A TWENTY-YEAR RELATIONSHIP WITH THE PUBLIC SCHOOLS TO BRING ELEMENTARY SCHOOL CHILDREN TO DAYTIME PERFORMANCES, PROVIDING WHAT IS FOR MANY CHILDREN THEIR FIRST THEATER EXPERIENCE. THE THEATER RUNS A TECHNICAL APPRENTICESHIP PROGRAM FOR LOCAL HIGH-SCHOOL YOUTH, WHICH PROVIDES SUMMER EMPLOYMENT OPPORTUNITIES TO THE PROGRAM'S GRADUATES. THE EDUCATION PROGRAM, FUTURE VOICES OF NEW MEXICO, ALSO INCLUDES AN ANNUAL FILM AND PHOTOGRAPHY COMPETITION FOR HIGH SCHOOL STUDENTS ACROSS THE STATE. IN 2021, 50 NEW MEXICO SCHOOLS VIEWED THE VIRTUAL EDUCATION EVENTS, SERVING MORE THAN 13,500 K-12 STUDENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,505,299
All other contributions, gifts, grants, and similar amounts not included above$1,824,284
Noncash contributions included in lines 1a–1f $142,321
Total Revenue from Contributions, Gifts, Grants & Similar$3,329,583
Total Program Service Revenue$658,879
Investment income $154,038
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,819
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $9,001
Miscellaneous Revenue$0
Total Revenue $4,156,320

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lensic Performing Arts Center Corporation has recieved totaling $5,000.

Awarding OrganizationAmount
Hutson Wiley And Echevarria Foundation Inc

Coral Gables, FL

PURPOSE: UNRESTRICTED

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,766,173
Earnings$441,039
Admin Expense$43,082
Net Contributions$887,536
Other Expense$15,107
Ending Balance$6,036,559

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